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THIS AGREEMENT MADE AS OF THE 18TH DAY OF MARCH, 1994
BETWEEN:

THE BOARD OF SCHOOL TRUSTEES OF SCHOOL
DISTRICT NO. 43 (COQUITLAM)

550 Poirier Street, Coquitlam, British Columbia

V3J 6A7

(the "Board"’)
OF THE FIRST PART
AND:
THE CORPORATION OF THE CITY OF PORT COQUITLAM

2580 Shaughnessy Street, Port Coquitlam, British Columbia
V3C 2A8

(the "City")
OF THE SECOND PART
WHEREAS the Board and the City entered an agreement dated July 15, 1974 regarding

construction and maintenance of the Hyde Creek Recreation Complex (the "1974 Agreement");

AND WHEREAS the parties wish to provide for the construction and maintenance of
further recreation ‘acilities and to amend the 1974 Agreement;

N:' WTHE ORE the parties agree as follows:
River Springs Elementary School

1. The City shall wansfer an area of land on Oxford Street, City of Port Coquitlam, as shown |
outlined in black on the plan attached as Schedule "A" to this Agreement and comprising
approximately six acres, to School District No. 43 (Coquitlam) (the "School District") for
one dollar, on or before March 18, 1994. :

2. The land transferred pursuant to Section | shall be used by the Board for the proposed
Coquitlam River Elementary School.

Hazel Treanbath and Citadel Middle School Ficids

3. The City shall pay $85,000.00 to the Board on or before March 18, 1994 to be applied by
the Board to the costs of sprinkler system upgrades to the fields at Hazel Trembath School

and Citadel Middle School.

4, The work. referred to in Section 3 shall be completed by the School Board not later than
_ March 18, 1994 and any of the $85,000.00 contribution not expended by the School Board
_ prior to that date shall be repaid to the City, without interest.