WHEREAS:

A.

jands and
Province
described

INLET REALTY LTD., a corporation duly

incorporated under the laws of the
Province of British Columbla, naving
its registered and records office at
2226 St. John's Street,

Part Moody, Britisn Columbia

V3H 2A7
(as to an undivided two-thirds Interest) and

RINDALL HOMES LTD., a company duly
Incorporated under the laws of the
Province of British Columbia, having
an office at 2148 Rindall Avenue,
Port Coquitiam, British Columbia

¥V3C 1V1
(as to an undivided one-third interest)

(Intet Reality Ltd. and Rindal! Homes Ltd.
hereinafter collectively called the "“Grantee")

OF THE SECOND PART

THE CORPORATION OF THE CITY OF PORT COQUITLAM,
a Muntectpal Corporation having its municipal
offices at 2272 McAllister Avenue,

Part Cosguitiam, British Columbla

V3C 2E8

(hereinafter called the "City”)

OF THE THIRD PART

The Grantor is the owner In fee simple of those certain
premises lying and being [n the City of Port Coquitisam,
of British Cotumbia, more oparticularty Known and
as:

Parce! identlifler 008-875-774

Lot 1

District Lot 289

Group 1

Plan 76127

New Westminster Dlstrict

except that part subdivided by Phase of Strata
Plan NW

(the “Lot 1")