THE CORPORATION OF THE CLTY OF PORT COQUITLAM ee JUN 15 1999 a June 5, 1992 BeR. Kirk City Administrator Susan Rauh City Clerk Latecomer Charge Waiver Agreement — Meridian Industrial Park IL Recomnendation: At the request of and pursuant to the Agreement with Meridian Industrial Park IL on the 15th day of June, 1992, BE IT RESOLVED that the works and services described in the aforesaid Agreement and installed or to be installed by the said Meridian Industrial Park II in connection with the development of the lands described as: Parcel I (Reference Plan 6040 except Parcel "E", Sxploratory Plan 8564) Section 18 & 19, Block 6 NRLE, NWD Lot 2, Section 17, 18, & 19 Block 6, NRLE, NWD are hereby conclusively deemed to be for the sole benefit of those lands and that none of the cost of providing the said works and services shall constitute “excess or extended services” as defined by Section 990 of the Municipal Act. AND THAT the aforesaid Agreement be and the same is hereby approved and that the Mayor and City Clerk are authorized to sign the same on behalf of the City and to affix the Corporate seal thereto. Background & Comments: The Agreement that would be approved by passage of the above noted resolution follows the City's standard form for such Agreements and is available for perusal in the Clerk's office. ~S Susan Rauh City Clerk