A Bylaw to authorize the Corporation of the City of Port Coquitlam to dispose of a portion of dedicated road in exchange for portions of land to be dedicated as road. Whereas the Corporation of the City of Port Coquitlam is desirous of cancelling a portion of road shown dedicated in the City of Port Coquitlam in the Province of British Columbia; Whereas the Registered Owner of the lands described in Section 3 of this Bylaw have agreed to convey land to the City in exchange so that it may be established as an addition to the roads in the City; And Whereas the "Municipal Act" being Chapter 290 of the Revised Statutes of British Columbia, 1979, provides that the Council may by Bylaw dispose of any portion of a highway in exchange for such lands as may be necessary for the purpose of improving, widening, straightening, relocating or diverting the highway; Now Therefore the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: ], This Bylaw may be cited for all purposes as the "1700 Block Cameron Avenue Road Exchange Bylaw, 1994, No, 2905", The Corporation of the City of Port Coquitlam is hereby authorized to convey to the Registered Owner of Lot 51 and 52, Plan 26264: a 140 m2 portion of Road as shown dedicated on Plan 1111, identified as Parcel "3" and shown hatched on a plan certified by Robert M. Reese, British Columbia Land Surveyor, dated the 10th day of May, 1994; and | in New Westminster District, at or for the price or sum of $8,283.00 and in exchange for those certain parcels or tracts of land described in the next Section hereof. The Corporation of the City of Port Coquitlam is hereby authorized to dedicate: a) 2.426 m? portion of Lot 52, Plan 26264, identified as Parcel "1" and shown within the bold ou on a plan certified by Robert M. Reese, British Columbia Land Surveyor, dated the 10th day of May, 1994; and b) a3m* portion of Lot 51, Plan 26264, identified as Parcel "2" and shown within the bold outline on a plan certified by Robert M. Reese, British Columbia Land - Surveyor, dated the 10th day of May, 1994. in New Westminster District, at or for the price or sum of $1.00 and in exchange for that certain parcel or tract of land described in the preceding Section hereof. FIRST THESES MEAD A5