THE CORPORATION OF THE CITY CF Port co UITLAM Sn aC ETY CP PORT COQUITLAM BY-LAW NO. 1436 aa £4 36 of Section 7, Township 40, New Westminster District in exchange for sufficient land to relocate the said Toad and lane. of cancelling a portion °¢ read and lane in and. adjoining Block 11 and shown British: Columbia; AND WHEREAS the Registered Owner of a portion of Block C of the “South-west Quarter of Section 7; being Chapter 255 of the Revised Statutes. of British Columbia, 1960, provides that the Council may by By~Law “dispose of any portion of a highway in exchange for such lands as may be hecessary for the purpose of improving, widening, straightening, re-locating or diverting the highway; THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: “ 1. The City of Port Coquitlam is hereby authorized to convey to - Ricard Developments Ltd., 3046 Lougheed Highway, Porr Coquitlam, in the Province of British Columbia, plan prepared by Walter E, Frith, B.C.L.S., and dated March 18th, 1976, a copy of which is attached hereto at or for the price or Sum of Six Thousand and One ($6,001. in exchacge for those certain Parcels or tracts of land de: Section hereto, ; 2. The Corporation of the City of Port Coquitlam is hereby authorized to purchase of and from the said Ricard Developments Ltd. ALL AND SINGULAR