Genetar Oevelopmant Company Pacitic Region Sulte 104, 4585 Canaga Way Burnaby, B.C, V5Q 4L8 Telephone (604) 299-4925 Telecopiar (604) 294-6214 February 13, 1989 "A Olvision of Imasco Enterprises inc." City of Port Coquitlam 2580 Shaughnessy Street Port Coquitlam, B.C, V3C 248 Attention: Mr. Bryan Kirk City Administrator Dear Sir: Res. Park Site No. 2 = C4 This letter will serve to confirm our offer of Friday, February 10th, regarding the construetion of an underground sprinkler system. As I indleated in our discussion, we were asked to obtain contract prices with the irrigation system as an option, Following receipt and review of the prises, it was the City's decision not to proceed with the irrigation system. As the soil tends to dry during the summer and as the park is in a rather prominent location, we are prepared to put up half of the cost if the City will pick up tne other half in order that the system can be installed now. The lump sum price by the low bidder is $15,500. We will proceed to issue to contract without this item but understand you will have a response on our offer by the middie of next week, following which we ean advise the contractor. We appreciate your cooperation on this matter. Yours truly, GENSTAR DEVELOPMENT COMPANY Ay Divisionnof IMASCO ENTERPRISES INC. - % EE. Armstro President Werel Manager Pacific Region LEA/tlk