THE CORPORATION OF THE CITY OF PORT coQUITE : THE CORPORATION OF THE CITY OF PORT COQUITLAM

LAND USE CONTRACT . LAND USE CONTRACT

SCHEDULE "B"

Subdivision Plans: Schedule of permitted land use:

Parcels to be created: TWO (2)

Sixty-four (64) Townhouse Strata Title Units constructed in Area, shape and dimensions: Approximately as shown on the draft plan of subdivision which is annexed hereto

accord with the plans annexed hereto which said plans form part and forms part of this Schedule.

of this Schedule. Tranefer of Title to Lot 99:

Subject to the previsions of this Land Use Contract and to

“ye

The Developer covenants and agrees to convey proposed Lot 99 to the "Strata Titles Act" of the Province of British Columbia, the the Municipality, to be held and used by the Municipality as municipal lands . . under the "Municipal Act", subject to the right of the Council of this Municipality to deal therewith as provided by the said Act. It is further understood and agreed that the Municipality will execute and have registered ig the New Westminster Land Registry Office the Recessary document relieving the said Lot 99 from the burden of this Land Use Contract.

development, use and subdivision of the land and the buildings thercon as a strata subdivision pursuant to the provisions of

the said “Strata Titles Act" may be permitted.

It is understood and agreed between the Developer and the Municipality thac conveyance of the aforesaid Lot 99 to The Corporation of the City of Port Coquitlam relieves the Developer from payment of the $450.09 Inspection Fee provided for each self-contained housing unit in clause (a) of

Appendix "A" of the "City of Port Coquitlam Building and Pluobing Code in Part V of the "City of Port Coquitlam Zoning By-law, 1969, No. : Administration By-law, 1974, No.

Except as otherwise provided in this Land Use Contract the

above-noted use shall be permitted to the limit and extent provided

918” as in force on the date of registration of this Agreement in

Subdivision Plan - Strata Titles Act: . i krata sities Act. the New Westminster Land Registry Office as if the said use was

The land herein, together with the buildings and structures thereon, occurring on property zoned RM-3 (Internediate Density Apartment . may be subdivided into strata lots

Titles Act" and the said subdivision shall be.subject to the following Linita- Residential) under the said Zoning By-law. A copy of tha said tions:

Part V is annexed hereto and forms part of this Schedule. Parcela to be Created: SIXTY-FOUR (64) Strata Lota

together with common property. The satd Strata Lots shall be compused of townhouse buiiding units as detailed in the pians annexed to Schedule "B" of this Land Use Contract and the said parcels may be created by way of phased strata plans pursuant to Part II of the Strata Titles Act.

It is understood and agreed between the Developer and the Municipality that construction of 32 of the townhouse atrata title units may commence imediately upon registration of this Land Use Contract in the New Westainster Land Registry Office

and 4 of the y building permit therefore and

that construction of the next 32 units shall not commence unt{l a period of 8 months has elapsed from date of iseuance

of the building permit for che first 32 units.