on ane eI Mt SE THE CORPORATION OF THE CiTY OF PORT COQUITLAM CO SEP 8- 1986 MEMORANDUM Tu: B.R. Kirk, August 28, 1986 City Administrator FROM: R.A. Freeman, City Cierk SUBJECT: eee eee ed ek ek ee eee Sale of City Property - 1488 Pitt River Road RECOMMENDATION: "WHEKEAS the tands hereinafter described are not required for municipal purposes nor are they reserved or dedicated; NOW THEREFORE be it resolved that: 1. Lot 3, Block 13-15; District Lot 232, Group One, Plan 1932, New Westminster District, Port Coquitlam, B.C., be sold by tender if a bid acceptable to Counci! is received. The City Clerk is hereby instructed and authorized to publish and post the 'Realt Property for Sale By Tender" Notice appearing in the Agenda documents of this Counci! meeting; The terms and conditions contained therein are hereby approved; The City Clerk carry out the procedures set out therein. Council reserves the right to accept any bid or to reject all of the bids if Council in Its absolute discretion determines that rejection is appropriate. BACKGROUND ANG COMMENTS: The details and location of this property is shown on the material tollowing. The property is being offered for sale at a price based on an appraisal completed on August t3th, 1986. RAF /al Conf. R.A. Freeman, City Clerk Land Sales (16) UNCTL