-2- those certain parcels or tracts of land and premises which may be more particularly described as follows: All that portion of Block C of the South-west Quarter of Section 7, Township 40, Plan 5114, New Westminster District included within the red outline on a by-law plan prepared by Walter E. Frith, B.C.L.S., and dated March 18th, 1976, a ccpy of which is attached hereto at or for the price or sum of One ($1.00) Dollar and in exchange for that certain parcel or tract of land described in the preceding Sectisn hereof. 3. ' Those portions of road and lane outlined in green on the said plan of Walter E. Frith, 3.C.L.S., are hereby closed and stopped up to traffic of all kinds. 4. The said lands to be purchased from the said Ricard Developmente Ltd. , when so conveyed to the said City shall be established as an addition to the roads in: the South-west Quarter of Section 7, Township 40, New Westminster District. De The Mayor and City Clerk of The Corporation of the City of Port Coquitlam are hereby authorized to execute such conveyances, deeds, maps, receipts and other documents on behalf of the said City as may be necessary for the purposes aforesaid and to affix the Corporate Seal of the City thereto. 6. This By-law may be cited for all purposes as the "Victoria Drive and Lynwood Avenue Plan 5114 and Plan 2797 Highway Exchange By-law, 1976, No. 1436".