OFFER TO PURCHASE

Date:June_9 1989

TO: City of Port Coquitlam
2580 Shaughness Street

Port Co uitlam, B,C.
V3C 2A8

(hereinafter called "the Vendor")

NAME: BRITISH COLUMBIA BUILDINGS CORPORATION
ADDRESS: of 3350 Douglas Street, Victoria, British Columbia V8W 274
TELEPHONE N UMBER: 387-7381

(hereinafter called "the Purchaser")

hereby offers to purchase, upon the terms and condit;
Situate, lying and i

and being more Particularly known and described in Schedule "A"
forming part hereof (hereinafter called "the hands’) for the sum of THREE HUNDRED
THOUSAND DOLLAR

uable consideration plus Or minus the

adjustments specified in Paragraph 2.01 of the Terms and Conditions (hereinafter called
"the Purchase Price") payable as ollows:

A, The sum of ONE DOLLAR ($1.00) now paid by the Purchaser to the Vendor, the
receipt of which is hereby acknowledged (hereinafter called "the Deposit");

B. The balance of the Purchase Price, namely TWO HUNDRED NINETY NINE
THOUSAND NINE HUNDRED AND INETY NINE DOLLARS $299,999)
(plus or minus the adjustments specified in paragraph 2.01 of the Terms and

Onditions) shall be paid by the Purchaser to the Vendor on the Completion Date

1. Completi nd P i

1.01 The balance of the Purchase Price specified in aragraph B above shall be

pai and the purchase and sale of the Lands shall be completed on or before
une 15, 1990, hereinafter called "the Completion Date".

1.02 The Purchaser shall have possession of the Lands at 12:00 o’clock noon on
the Completion Date.

rates, local improvemeuts,
assessments and other charges from AND all adjustments both incoming and

outgoing of whatsoever nature with respect to the Lands shall be made as of

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880105 ACQUISITION (Lands only)