‘ ky
eat
a ah

ie
4
ea as

Page 8 of Il

(b) This right to park shall be valid notwithstanding
any change in the ownership of the said lands, and shall remain
attached to the: said lands and provide substantial compliance
with the requirements of the “City of Port Coquitlam Development
Management Bylaw 1987, No. 2242" for the building or structure
thereon, to the same extent and subject to the same Limitations
as though the said off-street parking facilities had been
provided on the said lands; and shall be subject to the
provisions of clauses (a) and (c) of this section, provided that

the said fees are paid.

(c) The permission to park hereby qranted shall be
subject to automatic cancellation without refund, by the City, if
at any time during the term thereof, the building or structure on
the said lands and for which such off-street parking has been
provided, is destroyed or is removed from the said lands and is
not replaced by another building or structure having the same
off-street parking requirements, within a period of one (1) year
from the date of such destruction or removal.

(a) This right to park shall not be construed to
convey or vest any property or rights in such parking spaces or
real property or in the Parking Facility, in the owner or his
successor in title to the said lands, nor shall the Owner be
entitled to any allocation of specific parking spaces or to any
marking thereof indicating that such spaces have been authorized
for his use. All obligations of the City under this agreement
shall be limited to the provision of the number of off-street
parking spaces within the Parking Facility for which this right

is granted.