THE CORPORATION OF THE CITY OF PORT COQUITLAM

REAL PROPERTY FOR SALE BY TENDER

The Corporation of the City of Port Coguitlam invites tenders for the
purchase of the undernoted property:

Lot 119, District Lot 289, Group One, Plan 59195, New Westminster
District, Port Coquitlam, B.C.

This property is located at 2225 Pitt River Road and has a total area
of approximately 0.4415 ha (1.09 acres).

Tenders must be enclosed in a sealed envelope plainly marked on the
outside "Tender for 2225 Pitt River Road Property" and addressed to:

R.A. Freeman,

City Clerk,

City of Port Coquitlam,

Ste, No. 214, 2571 Shaughnessy Street,
Port Coguitlam, B.C.

and be in his hands by 12:00 o'clock noon, Thursday, March 17th, 1988. Any
tender received after this time will be returned unopened as will all tenders
inadvertently opened before the closing time as a result of not being
adequately marked on the outside of the sealed envelope as required.

Terms of Sale

l. A certified cheque in the amount of $5.000.00 must accompany each
tender as a depcsit and each tender will be open for acceptance by the
Council for a period of 30 days. Upon a tender being accepted by the
Council the balance of the offered price must be paid by the
successful tenderer within 30 days or as soon thereafter as requested
or the deposit will be forfeited.

The certified cheques of the unsuccessful tenderers will be returned
no later than 30 days after the closing time specified above.