Disclosure Statement 1987

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June 30, 1987 DISCLOSURE STATEMENT'
OF
INTERNATIONAL LAND CORPORA.fioN LTD.
FOR SUNRIDGE ESTATES-1ft' ~
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A. The Developer is INTERNATIONAL LAND CORPORATION LTD., a company duly amalgamated under the laws of the Province of British Columbia, with an address for service and a mailing address at 2225 Folkestone Way, West Vancouver, British Columbia, V7S 2Y6. B. The Developer's Real Estate Agent with respect to the Development is BLOCK BROS. REALTY LTD., with a mailing address at its branch at 103 - 2764 Barnet Highway, Port Coquitlam, British Columbia, V3B 1B9.

NEITHER THE SUPERINTENDENT OF REAL ESTATE NOR ANY OTHER AUTHORITY OF THE GOVERNMENT OF THE PROVINCE OF BRITISH COLUMBIA HAS IN ANY WAY PASSED ON THE MERITS OF THE MATTERS DEALT WITH IN THIS DISCLOSURE STATEMENT. THIS DISCLOSURE STATEMENT HAS BEEN FILED WITH THE SUPERINTENDENT OF REAL ESTATE, BUT HE HAS NOT DETERMINED WHETHER OR NOT IT COMPLIES WITH PART 2 OF THE REAL ESTATE ACT.

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1.

LEGAL DESCRIPTION (a) The legal description of the Development is: Parcel Identifier 004-545-583 Lot 64 District Lot 385, Group One New Westminster District Plan 72147 (herein called the "Lands").

(b) The civic address of the Lands is expected to be 101 to 524, 1215 Lansdowne Drive, Coquitlam, British Columbia. 2. GENERAL DESCRIPTION OF SUBDIVISION

(a) It is the intention of the Developer to create sixty-eight (68) strata lots consisting of thirty-six (36) two (2) bedroom and thirty-two (32) three (3) bedroom apartment-type units, together with common property (herein called the "Development") from the Lands. (b) The sixty-eight (68) strata lots (herein collectively called the "Lots" and individually called a "Lot") will be sold for residential purposes. The Lands will be developed in two phases. The Developer intends to construct thirty-six (36) units in the first phase and reserves the right to construct thirty-two (32) units in the second phase. (c) The Developer will not construct or install any recreational facilities in the Development. (d) The Developer is not aware of any dangers or requirements imposed by governmental authorities related to flooding or conditions of soil and subsoil. 3. LEGAL AND FINANCIAL MATTERS (a) The Developer is the registered owner of the Lands. (b) The Developer intends to further encumber the Lands with a Right-of-Way in favour of British Columbia Hydro and Power Authority for electrical and communication services and a right of way in favour of the District of Coquitlam (the "District") for sanitary sewer, storm sewer, and water mains. (c) Registered title to the Lands is presently encumbered as follows: (i) Statutory Right of Way in favour of The District of Coquitlam, registered under No. Z123806 for the purpose of water, gas, sewage, liquid waste, 064/7744C - 2 ­

electrical energy and communication services over the area outlined on Plan 72148; (ii) Restrictive Covenant in favour of The District of Coquitlam, registered under No. Z123808 which establishes setback requirements from the crest of a ravine slope on the Lands and controls filling within 25 metres of the crest of the slope; (iii) Restrictive Covenant in favour of The District of coquitlam, registered under No. Z123809 which establishes design control requirements for construction of improvements on the Lands. This Restrictive Covenant requires that prior to commencement of construction of any buildings or structures on the Lands, detailed plans be submitted to and approved by the District including site plans, elevation drawings, preliminary landscaping plans and perspective drawings; (iv) Statutory Right of Way in favour of British Columbia Telephone Company, registered under No. Z135604 over the area outlined on Plan 72148 for purposes of telecommunication an underground cable and conduit and other equipment, works and apparatus in connection therewith;
(v) Statutory Right of Way in favour of British Columbia Hydro & Power Authority, registered under No. Z201366 over the area outlined on Plan 72148 for purposes of underground pipelines and aboveground valves, meters and other apparatus for the transmission and distribution of gas;

(vi) Mortgage in favour of The Toronto-Dominion Bank, registered under No. AA64110 (see paragraph 3(i) below for a description of partial discharge arrangements); (vii) Mortgage in favour of Montreal Trust Company under No. AAI05349, in trust, see 99804C and AA105349, being a mortgage of the Right of Way in favour of British Columbia Telephone Company referred to above at paragraph 3(c)(iv); and (viii) Notice of development variance permit filed under No. AAI03839. This permit imposes controls on such matters as siting of buildings, external appearance of buildings (including without limitation outside finish materials and colour schemes) and landscaping treatment, as set forth on plans filed with the District. The description of these Rights of Way, Restrictive Covenants and Notice above is a summary only and purchasers are urged to review a copy of these charges and to obtain legal advice as to their 064/7744C
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effect. Office.

Copies can be obtained at the New Westminster Land Title

(d) The Developer intends to cause the Strata Corporation to enter into a one year contract, commencing January 1, 1988, for the management of the common property and the administration of the affairs of the Strata Corporation, substantially in the form attached hereto as Schedule "A", The management company will, among other duties, collect monthly operating assessments and render monthly statements of revenue and expenses. The Agreement does not directly impose any rights or duties on any Lot owner. It is expected that the management company will recommend that the Strata Corporation enter into individual service contracts for, but not limited to, garbage disposal, snow removal and landscape maintenance. There is no relationship between the management company and the Developer. (e) There is no outstanding litigation or, to the knowledge of the Developer, anticipated litigation with respect to the Development. (f) Each Lot owner will be responsible for real property taxes and water and sewer charges for its respective Lot. (g) Electricity for the common property will be separately metered and paid by the Strata Corporation and recovered from the Lot owners through pro rated monthly strata fees. Electricity, cablevision and telephone will be separately metered or assessed to each Lot and will be the responsibility of each Lot owner. (h) The Strata Corporation or the management company will enter into a contract with the District or a private contractor for garbage removal by a container system. Each Lot owner will be responsible for transporting its own garbage to the container. (i) The Toronto-Dominion Bank has advised in writing that it will partially discharge its mortgage referred to at No. 3(c)(vi) above from each of the Lots on receiving 100% of the net proceeds of an arm's length sale of each Lot at fair market value after taking into account normal adjustments. 4. SUBDIVISION CONSISTING OF STRATA LOTS

(a) The proposed Forms 1 and 2 of the Condominium Act are attached as Schedule "BII hereto. These are subject to the approval of the Superintendent of Real Estate. Form 1 is a Schedule of Proposed Unit Entitlement. The Unit Entitlement is a figure based upon the habitable square footage of the proposed strata lots and determines the proportionate share of common expenses of the Strata Corporation to be paid by the various strata lot owners. The actual numbers may vary to a small extent when the strata plans have been completed. The proposed Interest on Destruction, subject to the approval of the Superintendent, is set forth at Form 2 in Schedule "B". Interest on Destruction is a figure which determines
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the share of each owner in the Development upon destruction or other termination. Interest on Destruction is based upon the proposed market value of the Lots. Each Lot shall have one (1) vote. (b) The bylaws of the Strata Corporation will be those contained in the Condominium Act and the Developer does not intend to amend the bylaws from those set out in the Condominium Act. (c) The Developer intends that the common property of the Strata Corporation include outside stairs and outdoor walking areas, driveways, landscaped areas, garbage container areas and electrical rooms. There will be eight (8) garbage containers, four (4) to be contained in enclosures in Phase I, and four (4) to be contained in enclosures planned for Phase II of the Development. These containers will be located as site conditions allow. (d) The Developer intends to designate patios, balconies and parking areas on the strata plan as limited common property for the various strata lots. The Developer intends to designate two (2) parking stalls as limited common property for each strata lot. Such designation may only be removed by unanimous resolution of the owners. (e) The Development will involve a phased strata plan. Phase I will consist of Buildings 1-9 inclusive, for a total of thirty-six (36) units, and Phase II, if the Developer elects to proceed with Phase II, will consist of Buildings 10 to 17 inclusive for a total of thirty-two (32) units. An unexecuted copy of the proposed Form E is attached as Schedule "C". (f) The Developer has commenced construction of Phase I and anticipates substantial completion of Phase I by approximately April 30, 1988. The Developer expects to commence construction of Phase lIon or about July 1, 1988 and to substantially complete construction of Phase II by approximately April 30, 1989, but the Developer reserves the right to elect not to proceed with Phase II at all or to proceed with Phase II at a later date. (g) The Developer reserves the right to offer any or all of the Lots for sale or lease indefinitely, and for this purpose the Developer has filed or will file a rental disclosure statement with the Superintendent of Real Estate as set forth in Schedule "D". (h) A photo-reduced copy of the sketch showing phases of the Development is attached as Schedule "E". (i) The District issued a Development Variance Permit for the Development on May 19, 1987. The District issued a building permit for construction of Phase I to the Developer on June 3, 1987. The District issued a Development Variance Permit DVP-9-87 which, in addition to imposing restrictions described at No. 3(c)(viii) above, prohibits the Developer from selling any part of the Lands until the Lands have been developed in accordance with the terms of the Development Variance Permit. The District has advised the Developer 064/7744C
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in writing that it can sell individual strata lots within the development provided the Developer complies with the terms of the Permit.
(j) The Developer intends to cause the Strata Corporation to place all risk insurance on Phase I of the Development in an amount of approximately $2.5 million and to increase such insurance on both Phase I and Phase II when the strata plan for both has been filed, to an amount of approximately $4,728,000. The Developer proposes to cause the Strata Corporation to place liability insurance in the amount of approximately $5 million for the first full year of operation. Each Lot owner will be responsible for placing its own liability insurance and for insuring its own effects.

(k) Each Lot owner will have the benefit of the New Home Warranty Program, a copy of which is attached on Schedule "F". The Developer will assign to the purchaser of each Lot the benefit of any appliance warranties. (1) All Lot owners will have a garage or carport for two (2) vehicles which will be designated as limited common property on the strata plan. (m) The Developer does not propose to create a caretaker's suite or Lot. (n) Schedule "G" sets out the proposed interim operating budget for the first full year of operation of the Development. The budget was prepared by a qualified property manager based on the manager's experience in budgeting for numerous strata corporations. All expenses set forth in the budget will be allocated among the Lot owners in proportion to their relative unit entitlements.
(0) All monies received from a purchaser or lessee shall be held in trust in the manner required by the Real Estate Act until the strata plan is deposited in the Land Title Office, premises purchased or leased are capable of being occupied, and an instrument evidencing the interest of the purchaser or lessee in the Lot has been registered in the Land Title Office, or such monies otherwise paid out by operation of law.

CAUTION The Developer, the directors of corporate developer, and any other person required by the Superintendent to sign this Disclosure Statement are advised to read the provisions of and be fully aware of their obligations under Part 2 of the Real Estate Act before signing this statement, as a person who fails to comply with the requirements of Part 2 of the Real Estate Act may, on conviction, be liable: (a) in the case of a corporation, to a fine of not more than One Hundred Thousand Dollars ($100,000), and
064j7744C 6 ­

(b) in the case of an individual, to either a fine of not more than One Hundred Thousand Dollars ($100,000), or to imprisonment for not more than five (5) years less one (1) day. DEVELOPER: The Common Seal of INTERNATIONAL LAND CORPORATION LTD. was hereunto affixed in the presence of:
Ali

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(CIS)


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A.D.
G

SELL ST

R.G. McCULLOCH

A.D. LAIRD RIGHT OF RESCISSION

Under Section 63 of the Real Estate Act the purchaser or lessee of subdivided land situate in the Province may, so long as he remains the beneficial owner of the land, rescind the purchase contract or lease by serving written notice on the Developer or his Agent, within three (3) days after the later of the date the contract was entered into or the date the purchaser or lessee received a copy of this Disclosure Statement. The rescission notice may be served by delivering, or sending by registered mail, a signed copy of the notice to: (a) the Agent at the address, if any, shown on the face of this Disclosure Statement, (b) the Agent at his office or place of business where the contract was made, or

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(c) the Developer at his address inside or outside the Province where no agent is acting on his behalf. A developer is required to keep any monies he-received from the purchaser or lessee in a trust account in the Province until the rescission period referred to above has expired. Where a notice of rescission is served on the developer or his agent, the developer or his agent shall return the trust account monies to the person from whom it was received or shall pay it into court. ATTACHMENTS: Schedule "A" Schedule "B" Management Contract Proposed Forms 1, 2 and 3 of the Condominium Act Proposed Form 1 - Schedule of Unit Entitlement Proposed Form 2 - Schedule of Interest Upon Destruction Proposed Form E - Phased Strata Plan Approval Rental Disclosure Statement Photo-reduced copy of sketch of Development New Home warranty Program Operating Budget

Schedule "C" Schedule liD" Schedule liEu Schedule "F" Schedule "Gil

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o
miS AGREEMENT made on the
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SCHEDULE
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A.D. 19

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of

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• a Strata Corporation created under the provisions of the Condominium Act, R.S.B.C., 1979, Chapter 61, and . Amendments.thereto, having a chief place of business at:

THE OWNERS, STRATA PLAN NO.

in the Province of British Columbia. (hereinafter called the 'Corporation') OF THE FIRST PART
AND:

(hereinafter called the 'Agent') OF THE SECOND PART IN CQNSIDERATION Qf the mutual covenants herein contained. the parties agree as follow.:
1.

The Corporation hereby appoints the Agent its exclusive agent


to provide professional management. maintenance and administration of the
common property of the Corporation as set Gut in STRATA PLAN NO.
situated in the Province of British Columbia (hereinafter referred to as
the 'common property') upon the terms and conditions hereinafter set forth.


2.

This appointment shall be for a period of A.D. 19

year(s)


from the first day of

, and thereafter from year to


year subject to the following conditions:

a)

The Corporation may terminate this appointment and the agreement


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herein by giving the Agent at least ninety (90) days written notice of such termination, such notice to be evidenced by a Special Resolution of the Corporation as provided in the Condominium Act. R.S.B.C., 1980 c.61. Any termination of this

appointment and agreement by the Corporation shall take effect only at the end of any calendar month;
b)

The Agent may not terminate the appointment during the first year THEREAFTER

hereof, otherwise than with the consent of the Strata Corporation.

the Agent may terminate the appointment by giving to the Corporation at least ninety (90) days written notice of termination to take effect at the end of the calendar month, such notice to be addressed to the Corporation at its address hereinbefore set forth, and such notice shall be deemed to have been received by the Corporation on the day following the date on which such notice was posted in the Province of British Columbia by prepaid mail;
c)

Upon termination of this appointment the Corporation shall continue

to be responsible for the payment to the Agent of any and all bills, accounts and expenses incurred by the Agent within the authority of this appointment and not paid by the Agent prior to such termination.
c)

This appointment and agreement shall terminate immediately and

without notice in the event a petition in bankruptcy is filed by or against the Agent or in the event the Agent shall make an assignment for the benefit of creditors or take any action for relief under Statutes or Rules relating to insolvency.

3.

The Agent hereby accepts the said appointment for the period and

upon the terms and conditions herein provided and covenants and agrees: a) To use its best efforts to manage and administer the affairs of

the Strata Corporation upon the terms herein provided and as directed and authorized from time to time by the Corporation;

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b)

To advise the Corporation as to the proper maintenance and repair

of its property and the general conduct and undertaking of its affairs, responsibilities and duties;
c)

To collect all monthly operating assessments for operating costs

and any other monies due to the Corporation and to render monthly operating statements of receipts, disbursements, revenue and expenses; d) To deposit all receipts of the Corporation in a Trust Account or

Accounts in an institution qualified to engage in the banking or trust business, separate from the Agent's personal account and separate from any other trust accounts operated by the Agent, subject to the Corporation's approval; e) Corporation. To pay from the receipt.s, all authorized disbursements of the In the event the disbursements shall be in excess of the operating

assessments collected, the Corporation hereby agrees to pay such excess promptly upon demand therefor by the Agent;
f)

To not collect or charge any undisclosed fee, rebate or discount,

and if any such fee, rebate or discount should be received by the Agent that fee, rebate or discount will be held In Trust for and credited to the account of the Corporation;
g)

To provide sufficient staff at the Agent's expense to perform the

Agent's responsibilities hereunder.
h)

The Agent acknowledges that it is familiar with the By-Laws of

the Corporation.
i)

All the Agent's employees who handle .or are responsible for the

Corporation's monies are bonded by a Commercial Dishonesty Fidelity Bond in the amount of $ 1,000,000.00 (attached).

4.

To enable the Agent to perform efficiently its obligations under

this appointment, the Corporation hereby appoints the Agent to be the Attorney

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of the Corporation and in the name of and on behalf of the Corporation to do and execute the following acts and deed:
a)

To demand and recover from all present and future owners of Strata

Lots shown on the Strata Plan of the Corporation all assessments for operating costs levied by the Corporation and any and all other monies from time to time payable by them in respect of the said Strata Lots in any manner howsoever and to make and assess to all just and reasonable statements, payments and allowances in respect thereof;
b)

On non-payment of the monthly operating assessments, contributions,

levies and any other monies due to the Corporation, it shall be the duty of the Agent, if so directed by the Corporation or Council, to enforce the collection of any of the said monies and if so directed to take whatever action is necessary and is available under the By-Laws or the Condominium Act to effect the collection of the same;
c)

At the request of the Corporation, to act as Secretary to the

Corporation and its Council, and to maintain records of the Corporation's affairs, including the duplicating and mailing, at no charge, Strata Council Meeting minutes, copies of regular business correspondence, and Owner Information Packages, excluding By-Laws. Duplicating and mailing of all other notices and minutes

shall be charged for by the Agent;
d)

To arrange for a Representative of the Agent to attend regular

meetings of the Corporation or of its Council, when requested by the Corporation to do so, to a maximum of
e)

per year.

To comply with, and, where necessary, notify the Corporation that

it must comply with notices or orders of any competent public authority requiring repairs to be done in respect of the premises, or any part thereof, and to notify the Owners of individual Strata Lots that they must in a like manner comply

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f)

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with such notices or orders in regard to their own individual Strata Lots; To sign and give notices to Owners and occupiers ~f the said

Strata Lots of any default in any obligation of such Owners or occupiers to repair, to maintain or otherwise;
g)

To pay all charges, expenses and other outgoings whatsoever

payable by or chargeable upon the Corporation for or on account of the Common Property as the Council of the Corporation may direct from time to time;
h)

To assist the Corporation to place and maintain adequate fire,

liability, steam boiler, pressure vessel, and other Insurance required from time to time. It is the duty of the Agent to review the Insurance coverage

of the Corporation from time to time and at least every year and to ensure that such Insurance complies with the requirements of the Condominium Act and that it is in all the circumstances adequate to protect the premises. In the

event such Insurance does not comply with the Condominium Act or is not adequate, the Agent shall forthwith inform the Corporation and the Council of this in writing and shall recommend the necessary changes in the Insurance coverage;
i)

To make or cause to be made and supervise inspections, repairs and

alterations to the common property, to decorate and redecorate it or parts there­ of and to purchase supplies and pay all bills as directed by the Corporation. The Agent agrees to secure the approval of the Council of the Corporation to all expenditures in excess of $ 250.00 for anyone item other than recurring operating charges or emergency repairs in excess of such maximum if in the opinion of the Agent such expenditures are necessary to protect the premises of the Corporation from damage or to maintain common services to occupants of anyone or more Strata Lots;

j)

To hire, discharge and supervise any and all employees and independent

contractors required for the operation and maintenance of the common property,

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it being maintained that all such employees shall be deemed to be employees of and paid by the Corporation and not the Agent and that the Agent may perform any of its duties through its Attorneys, Agents or employees and the Agent shall not 'be liable for any error of judgment or for any mistake of fact or law when acting in good faith hereunder;
k)

To make Contracts in respect to the Common Property for electricity,

gas, fuel, water, telephone, window cleaning, landscaping, garbage disposal, vermin extermination and other services or such of them as the Corporation shall deem advisable;
1)

To assist the Corporation in budgeting its revenues and expenditures

and in determining the appropriate amount of contribution to be paid by each Owner for administrative expenses as required by the Act, and in this regard to furnish an estimate of revenues and expenses when so requested by the Corporation;
m)

To assist in the day-to-day enforcement of the By-Laws and any

regulations of the Corporation; to advise the Corporation of any violation of the By-Laws or Regulations; and if so directed by the Corporation, to take action to stop any breach or violation of the By-Laws or Regulations;
n)

To perform every other act whatsoever usually performed by a Manager

of real property as amply and effectually to all intents and purposes as the Corporation could do personally, including the provision of twenty-four hour per day emergency answering service.

5.
a)

The Corporation covenants and agrees with the Agent: Subject to the acknowledgement in writing of the Corporation's

public liability insurance coverage Insurers that they accept and approve the following covenants as being already protected against and covered by the Corporation's existing liability insurance; without the addition of any extra premium, the Corporation covenants to save the Agent harmless from all claims, damages, and costs or anything done by the Agent in connection with the

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management of the common property up to the amount of the Corporation's coverage for public liability, excepting claims in the case of the Agent's fraud and/or negligence, and to continue to carry, at the expense of the Corporation, public liability insurance to the existing amount to protect the Agent against all such claims, damages and costs to the same extent as the Corporation;
b)

-

To furnish to the Agent all documents and records available to

the Corporation which may be required by the Agent to properly manage the Common Property and affairs of the Corporation;
c)

To provide to the Agent a copy of the By-Laws of the Corporation

and to notify the Agent from time to time of any amendments or additions thereto;
d)

If the bills, accounts or expenses paid by the Agent pursuant to

paragraph 4(g) hereof in any calendar month exceed the assessments for operating costs and other monies collected in such month by the Agent, the Corporation agrees to pay the Agent the amount of such excess promptly upon demand.
6.

The Corporation covenants and agrees to pay to the Agent as

compensation to it for the services to be rendered by the Agent in accordance with the appointment, the sum of
($

Dollars

)

per month, payable in advance on the first day of each and every day of A.D. 19

month, commencing on the

7.

Provided always and it is hereby agreed that the Agent will ensure

all Insurance premiums are paid on time and that there will be sufficient funds on hand to pay all Insurance premiums, including any premium on Insurance which should be placed for the premises as they become due and shall forthwith notify the Corporation if there are not sufficient funds to pay such premiums and shall use its best endeavours to collect such funds. All funds held by the Agent are

held by it In Trust to ensure all such Insurance premiums are paid and the Agent shall not payout funds to itself or any other person when to do so would mean that any Insurance premium would not be paid on time.

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8.

The Agent shall keep full and detailed records for the Corporation

in a form as set out in the Corporation's By-Laws, and the Corporation shall at all times during regular business hours, have access to such records, as well as to all other books and records of the Agent in connection with the management and upkeep and operation of the common property of the Corporation. Upon

request of any Owner, the Agent shall supply evidence of insurance in force and receipts for payment of premiums therefor, as well as certifying to such Owner the matters mentioned in Section 54 of the Condominium Act. 9. The Corporation and the Agent shall abide by the Condominium Act

of the Province of British Columbia and the By-Laws of the Strata Corporation as may be amended from time to time. 10. The Corporation hereby authorizes its Council to consent on its

behalf to any act done or proposed to be done by the Corporation in the perfor­ mance of the duties of the Agent under this appointment. It is agreed and

understood that the Agent at all times shall be entitled to rely on and to act upon instructions and directions received from the Council of the Corporation without limiting the generality of the foregoing, the receipt by the Agent of instructions or directions in writing, signed on behalf of the Council by two or more of its members, with the seal of the Corporation impressed thereon, shall constitute full and sufficient authority for the Agent to act in accordance therewith. 11. The Corporation shall not be entitled to set off against any

remuneration or other monies payable to the Agent under this appointment (including paragraphs 2 and 5 hereof) any uncollected arrears of the said monthly operating assessments for operating costs. 12. The Corporation agrees, within ninety (90) days from the date of

receipt by the Corporation from the Agent of each monthly statement of receipts and disbursements, to notify the Agent of any alleged mistake or error on the

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part of the Agent in paying any bill, account or expense on behalf of the Corporation. If, at the end of the said ninety (90) days, no such notification

., shall have been received by the Agent, the said monthly statement shall be deemed to be conclusive and binding as between the parties hereto and the Agent shall be free from any and all claims in respect of such statement.

13.

The Corporation understands and agrees that the Agent does not

assume any liabilities nor shall it be liable or responsible to any Owner of a Strata Lot or any licensee or invitee of any such Owner. 14. Any amendment to this appointment shall be effective only if it

is in the form of a written Addendum and it is duly signed by the parties.
15.

The Agent may not assign the Agreement without prior written


approval of the Council.
16. This appointment shall enure to the benefit of and shall be


binding upon the parties hereto and their respective heirs. executors.
administrators, successors and assigns.


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IN WITNESS WHEREOF this Agreement has been executed by the parties "hereto affixing their common seals by their duly appointed officers, having first -:4been duly appointed in that regard, the day and year first above written.

The Corporate Seal of THE OWNERS, )
STRATA PLAN NO. was hereunto )
affixed in the presence of: )
)
)
)


~~-------------------------) Chairman )
) ) )

CIS

~----~~-------------------) Finance Chairman )
) ) ) ) ) The Common Seal of was hereunto affixed ) ) in the presence of: ) ) )


CIS

--------------------------))
) )

--------------------------)

SCHEDULE .. B"

PROPOSED FORMS 1, 2 AND 3 OF THE CONDOMINIUM ACT

PHASE I

f

Building No. 1 1 1 1 2 2 2 2 3 3 3 3 4 4 4 4 5 5 5 5 6 6 6 6 7 7 7 7 8 8 8 8 9 9 9 9

Strata Lot No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36

Proposed Unit Entitlement (Form 1) 46 47 35 35 34 34 34 34 45 45 35 34 45 45 35 34 46 47 35 35 47 46 35 35 47 47 35 35 46 47 35 35 47 47 35 35 1,434 - 10 ­

Proposed Interest on Destruction (Form 2) 104 104 90 90 87 87 87 87 108 108 88 88 108 108 88 88 104 104 93 93 104 104 93 93 104 104 93 93 104 104 91 91 104 104 91 91 3,482

Voting Rights (Form 3) 1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
36


Phase I Aggregate 064/7744C

SCHEDULE liB"

PROPOSED FORMS I, 2

AND 3 OF THE CONDOMINIUM ACT

PHASE II

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Building No. 10 10 10 10 11 11 11 11 12 12 12 12 13 13 13 13 14 14 14 14 15 15 15 15 16 16 16 16 17 17 17 17

Strata Lot No. 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68

Proposed Unit Entitlement (Form 1) 47 47 35 35 46 47 35 35 47 47 35 35 47 47 35 35 46 47 35 35 47 47 35 35 46 47 35 35 47 47 35 35 1,309

Proposed Interest on Destruction (Form 2) 104 104 91 91 104 104 91 91 104 104 91 91 104 104 91 91 104 104 93 93 104 104 93 93 104 104 93 93 104 104 93 93 3,136

Voting Rights (Form 3) 1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
32

Phase II Aggregate Phase I and Phase II Aggregate 064/7744C

2,743 - 11 ­

6,618

68

SCHEDULE

lie

II

CONDOMINIUM ACT FORM E DECLARATION OF INTENTION TO CREATE A STRATA PLAN BY PHASED DEVELOPMENT PART II

INTERNATIONAL LAND CORPORATION LTD., a body corporate duly incorporated under the laws of the Province of British Columbia and having an office at 2225 Folkestone Way, in the Municipality of West Vancouver, in the Province of British columbia HEREBY DECLARES: 1. That it intends to create a Strata Plan by way of phased development of the following lands which it owns: Parcel Identifier 004-545-583 Lot 64, District Lot 385 Group One New Westminster District Plan 72147 Situate in the Municipality of Coquitlam (herein called the "Lands"), 2. (a) That the plan of development is as follows: The Strata Plan shall be created in two (2) phases and when completed shall contain a total of seventeen (17) buildings having a maximum habitable area of eight thousand two hundred and twenty six (8226) square metres. The seventeen (17) buildings will be located on the Lands as set out in the plan attached hereto as Schedule "A". The development will be developed in two (2) phases, as follows: (i) (ii) Phase I Phase II Buildings Nos. 1 to 9 inclusive Buildings Nos. 10 to 17 inclusive

(b) (c)

064/7744C

- 12 ­

(d)

The total habitable area for each building shall be as follows: Building Building Building Building Building Building Building Building Building Building Building Building Building Building Building Building Building TOTAL: #1 #2 #3 #4 #5 #6 #7 #8 #9 #10 #11 #12 #13 #14 #15 #16 #17 489 406 476 476 490 489 492 489 492 492 489 492 492 489 492 489 492 sq. sq. sq. sq. sq. sq. sq. sq. sq. sq. sq. sq. sq. sq. sq. sq. sq. metres metres metres metres metres metres metres metres metres metres metres metres metres metres metres metres metres

~

!

8,226 sq. metres

(e) Within the general guidelines imposed in this Agreement as to the number, location and total area of each building, International Corporation Ltd. shall be permitted to determine the number of strata lots to be contained in each building and in the whole development and the size of the various strata lots.

(f) Attached hereto as Schedule "A" is a sketch plan showing the following: (i) (ii) (iii) (iv) the Lands to be included in the Phased Strata Plan; the present parcel boundaries; the approximate boundaries of each phase; and the approximate location of each building.

(g) The estimated dates of commencement and completion of each of the phased areas as follows: Phase Phase I Phase II Estimated Commencement Date July 1, 1987 July 1, 1988 Estimated Completion Date April 30, 1988 April 30, 1989

064/7744C

- 13 ­

(h) It is intended that each of the strata lots in each of the phases of the develoment will have a unit entitlement equal to the fraction obtained by dividing the habitable square metre area of all strata lots in the strata plan at that time.*** The total unit entitlement for each phase shall be approximately as follows: Total Unit Entitlement of Each Phase 1,434 1,309 Total Unit Entitlement of the Strata Plan 1,434
2,743


Phase Phase I Phase II

*

The actual numbers used may vary for convenience purposes; however, the relative proportions shall not change except as to minor changes resulting from the actual square metre areas of the strata lots in each phase. shall be determined in accordance with the square metre area of each strata lot within the phase. The size and location of the strata lots shall be selected by International Land Corporation Ltd.

** Within each phase the unit entitlement of each strata lot

*** Or such other unit entitlement as may be required by the
Superintendent of Real Estate. (i) The maximum number of units in each phase is as follows: Phase Phase I Phase II
(j)

Maximum Number of Units 36 Units 32 Units

There will be a mix of apartment and townhouse type units. There will be no common facilities developed.

3.

4. There will be no common facilities or amenities in Phase II which will be required by the owners of Strata Lots in Phase I.

064/7744C

- 14 ­

5. International Land Corporation Ltd. shall elect whether or not to proceed with Phase II of the development on or by January 1, 1989. International Land Corporation Ltd. has already elected to proceed with Phase I. DATED this _ _ day of , 1987 at the District of Coquitlam, in the Province of British Columbia. Tne Common Seal of INTERNATIONAL LAND CORPORATION LTD. was hereunto affixed in the presence of: Authorized Signatory Authorized Signatory APPROVED pursuant to the provisions of THE CONDOMINIUM ACT, R.S.B.C. 1979 Ch. 61 and amendments thereto this day of _______________ , 1987
) )

) )
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(CIS)


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064/7744C

- 15 ­

,"
.

PHA5ED STRATA PLA~ 12'47


..

SCHEDULE "All TO FORM E

.

),

PLA~

OF

LOT~4

DL385 GPI


.OWWER: t:UTERUATIOUAL LAUD CORP LTD

A

r. LOCATfOU

IJOJ'E$:

OF f,UfLDIUQ5 6!JPPL.IED.

.~
DISTRICT OF COOUITLAM
SUBDIVISIO!'4 PRELIMINARY APPROVAL

. A.eef'o.YAL....~~MM6jl,oe:t:'

i~

ELlMJNARY SUBD1V1SI0~~"a~Mi f'IAE feo DAYS FnOM TH A 11Uj~ • TI SHOWN t?N THIS. C••

SCALE

1:2.000

SCHEDULE liD" CONDOMINIUM ACT (Section 31) RENTAL DISCLOSURE STATEMENT

1~ The strata plan in respect of which this statement is made will be filed in respect of that property in the District of Coquitlam legally described, prior to the filing of the strata plan, as Parcel Identifier 004-545-583, Lot 64, District Lot 385, Group One, New Westminster District, Plan 72147 and will contain sixty-eight (68) residental strata lots.

2. The residential strata lots described below are under lease or rental as of the date of this statement and the owner-developer intends to lease or rent each strata lot until the date set out opposite its description.

Description of Strata Lot nil

Date Lease Period Ends nil

3. In addition to the number of strata lots described in paragraph 2, the owner-developer intends to lease all sixty-eight (68) residental strata lots indefinitely. 4. There is no bylaw in the proposed bylaws of the Strata Corporation which limits the number of residential strata lots that may be leased by the owners. DATED this 30th day of June, 1987.
INTERNATIO~" ZCORPORATION LTD.
By: . .

~,

064/7744C

- 16 ­

SCHEDULE wE­

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SCHEDULE

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NEW HOME WARRANTY PROGRAM
OF BRITISH COLUMBIA & THE YUKON

Aareetnal Wldl Balkier
'ftUS AOUEMIH1' MA.DE .E'J'WEEH;

NEW HOME WAnANTY . .OOItAM OF.KlT/JH CXlI.UMlI" .. 11tE YUKON. " Dirisioll of PKIfIc New Hamr ........ lilt.. 'NO. I.... ' OeaWoit Driwe. "-,n. . . . . CcoIoDIoiI V6.l4S7•...,.. .................. ofaridlllCcoloDloilIllll .. Y .....T.......,. _iIIotIItrallod·...............





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INTERNATIONAL LAND CORPORATION LTD.

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."""i"",ion by the f'rasnm nr the Date of ""'....ion shill • bind••• 011 the .....ir. to thil "'......111. (II' hi """"'" 01 RaidotIIiaI Uai" ............... I Stn&a """" r. . .I w _ • Map StnoctwII DeI'tIo:tl ....... til r...h .. * Dolt 01 ,,,"_lii0i1. the _Iierol:
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do.., (wI I. """",,,oIC_ _ ~.............., ... SII'IIO ..... ond .........in .....ins to M.jo< S - . I Doftcu . . . . . . . the ..... 01; C., the dale the SIr... P.... II ...illmld I. the 1IJIPI'OIIri... Land R••i,,!')'.,. Land T.... I Off\coo••, (101 the da,...' r.... h .. die D.,. oIl'Ilt.....ioII ror the fim "",....ion i"u04 ror ..y Rnidclllill UIIiI ~ i. the SII'ItI ....., ......ided .....,. _ * Prot...m ....,. in •• aMoIOIe di.....'ion....mi.. the dale . . .," the 10... Ia.he, ilion the or the two , ..h ...,.""ned d..." liw) I....poe. 01 R••ickllliall.laiu ond Common Prope"t 1nc0lpt'lnlltd iI> the Spo.:iall'Iojoet. * ..... 1Il1 'otIIo.\he Due of l'Ilt....oion 1tItaI1. * HtlIft 01: CI) die d........hich .., ..... or the f'ro;'<\ is fi", occupied. or;
C') die da.. "" ""'ieh o"'......ip of the f'rojed i, ""'.f....... f..... the lui"'to*I'vt!:Uoct.ar.
(cJ the da..... rOfth .. the Do•• of """,,,ion iI> the """'"ion C.nifie.... (IfO.ided ..... * " . . . . _ ,•• iu ........... discmion........ine \he tppIitllolr
da"lnd ..y_h .......i... iOll shill • final ond bindi.. 011 the .....it......10.
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01 the buildi....noc!Icd 10 .............. """"ion Ioca.ed iIIlrili.h CoIIIIIIbia .. * '1'.... TmilOl)' ond iaclude"
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Ciil I~" MObile ....... ,oiii) CCHIpOrali.." owned pro;""
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fl) "SIrI" C"""",lIion" _ I the <orporIIIion CI'AIed by Sto:Uon 13 01 * C ! hili "'" •.S . ••C.• CIIttjut 61. ond .............. _ .....illlilltl} ......icallle
S....... OI .... I.,i"". Ito r.... rrom Ii,.. to lime In the '1'''"" ltnil"'). .
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hm lime lime in die '1'011011 Tmil"'} .lncludi.....ill ond _ _ (IfOpt'n, .......in . ,..... bul ••crudi.. ""-Ik.pln. ond r.nei..
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• tmni.... by die f'rasnm (rom lime "lime. Co, ....... 111 Dofect" .........r.... which ;. pllinl, .!tilIIe•• wtdc:h . . . . di--.l I»' MIl ............ -w ........ II . . ._iae 01 onIitIIty .-II1II ........... !p' .......... DorCCl" _ I . r.... which.........tlle . . . i...pection ..ill .... ~ft.Il . ..' "I.r<lnf>lll C"""",i.," _ , • ..,;.Ieft compIai.I"'-;wed by die Protl'llll duri.. the 11m,.. 01"""""'1. . . . . . . * fOri_oI\he a..;..... _ CIt,.. _ , . The luildetlllliOllll!:1ed ill writi~ " - ondthe f'rasnm.ond io .i.e... .........tI1e lime to mel.
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. . .lIiIder . . IIIII """""1<1;.1»'............ • •..
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pre"",1!td by the laco/ IUtIlori., ...i•• juriodiction .. the eliSlric:1 fa ""'icn the ..........., Uah it ~• • • ,...mlled ill ft "willi' II1II 1ptC1fIc.._ ......
1IWIdotd. 01 the pl..'.lptCi6.......... the ""l.iremt........i.r""' . . OUI.
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................ith the N"ionoI B.lldin. Code ond .....ndmenu ft!fIO. ond the 1WIdItII. lOt by the laco/ """",",y ....io...ri ...icl.... ill the di"ricI in ,.ilid> ft C_....
Propen, it 1oca1Cd•••..,. _ .. 1IWIdotd......irId ., the _ i... ond ..... Ifi.............. ft III/IIIordl ..... ICI OUI• .., ...... the ,...ioul .......d.... ...
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Ct) The 8uil., ••""" thai .1I_rial _ided 10 the ~ sholl bccomI' the I""I'"n, 01 * f'rasnm.
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melit .. 1IOCUri.,ahall. ond • _mod to. \he"....I1111 ...............,01 ........... ~..itIt ..........ip I»' the "'..... _ MO, uoI)'" m ....." .............t to the .wilder .. * ..... .,.ioII of* ..........

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or Cflli..... of S............. 1..iINIod w....." ... ii, , ••VlLDER INDEM!'IlncAnol'f a.iI.' ....1I iooIcrMi" ... _........,.. .............. .., ................................... .., ..........i.e , . . . _ , .. _ltIIted "' ......_ fNl'l'llimcllutimr. Iii ",._II,"Ift) liobili',oI'M .....""'IO.I'Y_ ...... Drpooh ......; liil II ........k ..r cl.:1••I, '" till: B.ilde, '" 1M perf.......... of ill obli.llioft.1lrilift...... 1ht WarIttM, Cflliilcatt. Cmi6aIt 01 S _ ..... 1.inIiIcoI Cmiflc... •" Spot.'iol .....j..., LimbN W,nllll, duri., 1M fi", .,... (I,)'UI ptriad ._nc:i.. on Iht DoI.oI .......ioo;
Com_ I"ropon, .,.i.1I M.jor SlIIII:lWa! Dr,.... II lit 'Ofth ill .... W_m, Cfllifitll•• CfII,fi..", 01 51.... Plan L....itnl liiil ~, ...nan'i.., ,.... R..ioIo:n,i.1 U.i, W.rtan" '" C.nilkll( 01 Spt<..1Proj... l.lmi'td W.rn••,Iri,in, d.ri.' .......ond '0 fillll)'tlt!> i"d••iwe ." .. Iht 0' ,..,...,..ioo. PROVIDED AL",'Ar5 "'" lIIi• ......ili<..iurI.hall lippi, onl, ift , .... who", Maj.. 5II1II:1l1l1I' Od.... "'1II1t pro.ab"OCI of ...Ii.._ Oft 1M ..... of 1M .v.ldet . ••1 $",..101. M."" 5'N,"IU1.1 Dr,... .,i.. OIl' of 1ft) OCl k'ond .... _vol 01. '.ilclu.1ht ••iIdct _ . , ............111 1haI1 .......... it.",," oIel"". if'..,. tit.", pan, .... nd I. ,...... it "",.iftd by 1M Pro,ram. (el a.ikk, M.mho" _ .. k .........,liI."1 II)- 1M Pro,..... ..bert .......,. _ te..lIId ... toil. _ ........ ..".li .... a.iI•• Mtm......... tht iIII
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Prurr.am (,"1ft limt In liMl. "'I ",. auildo. "",.-toy ....................... 10 _ _ tht IIoraoIoI w.-,. ConiIcMt. c:.nMIca of ..... "-lJMioMI

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eli.......... tatn:,.. I.. "",ion 10 omniftll. thl. A,................... lhoIf .... ..,.... • • _ _ 01 rip! 01 ........... 10._. . ill Mid "",ion . . ., f"'lht r...... "', .........- .rlUlu 01 ..... uildet ..... 1IIi. "",""""•
• , .. IM"- col ................ col thi. A'.................ildet lid_led............... II1II .,....10 _ .......Ii...I' . . _ or ...N.. eli."., of _ I k_ .......m·. R.,iU....d T~" M.,. Of aiM' idenllficl'ion and ...., all doc_....ian. papt1 wri'i"" ....ipl•• or aiM' - W I l_i..., 10 tIto .1Oi1de• .., .... "",,",,,," ­ • ,......", 0 'M ""'.......nd ""'II illl k "',._ II)-Iht a.ilde. 10 Iht , . . _ Oft.",""" II)- tht ...........
leI 1ft "" ....., oI ......i...iurI of lIti. A,. ."""" Illy R..idr.,... Uni.. ......tled but "'" lOId Oftlht .... 01 omni....... 01 ... ~ IM)' .. _ _
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...,;ti.. Wlli.. fOl'lh .... t ....f ••, if Ift)........iftd 10 lltllfe .hr dispute.
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21. Thc ,,11ioII of .........ilial"' ....n... A...r ond IoWI..... borh ,""in ...1na dried...... ". jtIdpanI of. _ of C<III\IpcICftI jIIIWIinitwl.
22. If........,., 011'" e_ilial« II Ito fl... of .... ,""y wl>mitlilla * ,,•••,., 10 """"llialioII .. if .........11;..or "'... IhII !lit ...,...c for """"iIiII........ juoIiliH .. ..,..- . .
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C.) "Dalt of .........,""'.. Cil ill ~ of Rflli*ftt~ Ullill ~ ............... "'III . . . . . MIjtlt St:rwInI Dof_ . . . . III ......... "'" .,.. .... PI........._ ......
Pbo....ion Celtift..1t ......iMr••' Itr....., 10.
(iI) "It'pce' or C _ Prapcft) ...... ."...,ie• .,;.1.. f...... M.p S - I Drf_ .... dole wII' .... _ _ 01;
.hr "',. "'" SIf... '1aI! i.It,llICltd ~ t.end R.,i,,,, .. Land Titln Offtcc.".
(b, .... "',.... fOflh., .... D••• of .........Ioft fOf "'" fi............ioII Cl'I'Ilft..1t is....., r.. 1ft1 Rn'*'>li.' U.it ~ ilI.he 5'.... PI••.
CIt) ............, .. _ •••• PC""" IS .ft.. d ill ,he ~ Act. R.S.I.C. 19'19. ~ 61 ond _ _ . - - . _ .iIIIi,.,I)· 'l'I,h<ol>1< S......., ... """"""... _ f..... from 10 ,n. ill .... V.kOft Tmil"')': . (II "R••i,....., C H.......' .............,t COIIIII'IICICd mide"li""';1 ............... 1ft. 51111.,.,., • •fto;:d.,. * CandaItIi...... Act R.S.B.C. 1919. C1Iotoctfl' ..J .. ._nd_.II,he..,.,. _ .imi."" opplicabit 5II1II... or ",.latiOft. ift f..... from lime to 11_ ill .... Y.kOft TCI'riI<!r); til "SIIIII C.."...lIiM" ......, ,... ...".....Ioft C1't11.d b) $onion Il of .... Condomi.i.m At, R.S.'.C. 1919. 61.,., ammd......, 1hrt!:.., • ..J oilni'.',· arr!i",,"'t S.II.'.' ... ",.,••i"", ill f..... f'OIII'i....o.i_ iII.hr V.kon T.m,.., ...hi<b .000000n....he .,.,..." of .... StrIl.I'I•• indic...d iII'hii "IIIT""~ Cl'I'I,lk... III "S"..I '1aI!" ......, . pl." •• defined i. "'" Condomi.ium Acr R.S.II.C. 1979. Chlpte. 6..... _ ....... lhe ....O.nd .imit..,) ''''''",ablr 5....'............_ .. force fmm li_ '" .i.... ift .hr V.L.... Tmi•...,.. irocludi., units .nd e"""""" ",.,..tty II "",.. i. defi""d. bu••• dud,., I.... end r.flCi., U. Thc Nrr.it nf ...Mi') ..r Ihr Pr,,,,,"m _ . thio. lIIo'. .....)· C.nift..", ""'II he .hr .um 0' ONE MILLION flVE HUNDRED THOl:SAND ... 1m 1111" . 151."".1IIl m. DOLLA.RS "",ided al••~, 11\;11 the htntt ttl hahiht) nt.he Prnlflm 'Much Jlc\idtnti.1 UPlil for 1ft) claim. &ttmnd. C'tv" otlCtkwi Of ... iaftuf aft) Liftd .. h.,t"wll~\tf ,hotfl .... t1t"d 1ft or TWENTV·flVE THO\iSAND ..• 1()(\I1001 ••. (SlJ.ooo 001 DOIJ.AItS. elcopi.........._. _" of _ina __.... ·"'~L "rr.~'" """ided _ , C... v 6<el.
t... TIIi' W......) ...." ......i _ """ he"""", ...11 .,., ...... 1IrithouI _lot GIlly • 10 . . It.......... lIaln ... ",,"10M 01 . . "",,",y .ff........ "'" . _ IhII *
.......... aI ... SII... C..,........... f.I., '" fu'fill ..) ..r,hr foil_i., tobli,..i..""
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. Maj•• S'",e,.,,! Dcfee•• "' ............... ,..........i.I.' C_Plupcnf iI_d for ltIiM..I.1 pIIfIIOICI.
,.1 ......kI.Plm:haoer ....... S"... C..,.,...;.", f.illO Ucp C.......... ~YIIIdIor ~'idtfttial U.iII ill • " .... """ - . , . moodk.....


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r.; TH[ ,"ORM OF THt: DEPOlifT aECEIPr .ElNG ICII£DlU "C" WHICH IS ATr4CHED TO AND ro.MS P4aT 01' rHt: A..ItEf],IENT "'ITH

,I.'ILD[1t Ht:R£I.':>''TO AlIIN£XED. IN THIS Dc.....;, Reefl!,,' ·.,.,.i.· ............, - 1 PliiI 10 bind. _ _. WHEREAS .... B.ildr, _ d nil .hi, Dr.....I.ltttti'" hose.'md ift'o.
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_;"rd. NOW THEREFORE .... ......,.,,'" holtit)- oct-fedf.' .,., ........... 1ft ....._ .... .,.,.h Pilei .., .............. 10 .... 1.1", _..r "" "'" ...." """,~ .... odd " , ' -
Itpll) Itfundablt ............ha.... r......, It._ .....,_.....nd i.......... ""'" ......" ......ifII _II1II .. .....,VCmI .., .... ~ I".... "'" 1Io.1d.. ..... II...............).
","""ene, ... r..1Id oI,hr lIuihl.., "'" Pr",rI"''''" lqIOy .... U_IO "'" I"vr<......... bjecl.l,,"y, 10 "'" foil...,.. tOndi.ioIII,
I. .... ........v''''''"1'fl'1.......Il..r hi' nl>Ii,lIion, !II ...11 .. ....,y...iII;"f.nd ablt tocample,••11 ofllil otolll.. ioMto .... II. 1ft) " ...., ..., " ...._ ....m; .....
2. .... I"vr<......, ""'" ,. Ihr ...... of ...,.....•• of Dy ."",1. _ifII II) ............... 10 IUCh I"vr<....... fOl'lh..i.h ...1,. and .,...r", h""" "'."........ "", -.: ......... _ ...
of ••,. _urily "",ilion. jud,e_"I.•. -...... f", . . . . "",il1 .''''"'y "'" I"vr<hI... ""1 hold ',Ii." .... lI.ilde, .....i.r ,...........1< lfi•••"".....; - '
J. A....,. "filii. Drpu<i. R....I'" "",II .. ""i.med ftII ......................,y fol.....". ....._Ulioll * Ui!I,uiWi:t ..........._ • ..J
... Thc f..I....·i•••i"'I.lIioII. "'11 """,y "'" 11_, .
IO . . . lid nil at * . , ._ _ 01 * _..r ..) .......) . . . . _ .......... iaI _
C., Thc "......Ioft offmd.., .......................... '" _ ided .., .... Prupm;
(b' Thc "....••.,., orr.1td 10 ............. .., ................ hoItinller. . . . forIh....y .... II .... ap<ioII 01 the ...",... to......... "'""" .... T..• '~I ,.... ..........
...m_........"'oftllMlN<l""'ift . . ., ....... ""'....iooI,campl••ion ....Ir ......... llllilIlUChpe.iod. . . .
of 1III,I:lrp:>Iit R...... _ I " iuliI........_ ......,...._ •.r....... ..rOM
(el A.y 10,.1 procm!••, Of 1t.1oft ...i..' ............" ' . _ .... ....,itiao....... (II yell' f""" ...................i<h oht .......""".". /MoI_y .. fllud 01 .... I.i", "" Cd' No "'........ claim. III ...._ ....1 .......ft 10 _ .....11 monic1 .. ."1,.,, Ihtnflf ..... till. ".,..,k . . . . . _ ..y,......t"'f•. cla_ .. _ ....
................. ••) "'_y ko..... by'...........m .......i...... It,ide..ill u.I, de.....u:..t "" .... f... hmo/'.
S. Thc liIIIi' of I;.~ih.)' ........ Pr•."am '" Itrund or • •pooi.lOlfIy .......oer ...11 ........",oIflVE THOUSAND ••••HIII ••• dS.CIUII.UlIIUCN.t.ARS ......*.-01
_in.lUthl""iIaI.......... f....hltl ..y"'-,.CeniftcllCoI .............. IItIII ....J.


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ICHEDIJL.E "D" a:annC4TE OF SPl:ct4L ,.OJ£CT UMJn:D "'..... IANt'Y Thc~ ......i... _ .................. Y ........... OIIIi...

_._c:-w.....

I'I_. .'sc.IIII............ _

. . . . . . . ....,IioIc.J .. Sdrio....A..

CICOf' 1haI.
INTEIIPltET4TlON·. • • • I... lIIi. Cl'I'Iillel1r 01 SporiaI Pm;en 1..IIIriIoII........,.: . .. .
fbI ..C _ ~tt)"..,,,, ... "''''''' 01 ,he land _Wlkli.,. for .... 1lrnr ..... ~ ...... S""".I......".. ... " .... .......,n.... ito.) 1It.,ide",..1 U•." •.r.......,..1;
Cil "!tr.ide.,i.1 U.it" ....an'. IUIIt of _ _ iftIcIIIIcd 1O .. 1ItId II ....IIt, .., _ ................ _i.i., ..... iIIa. Utio,. lioift, . ....,.'" ..... -11M) r""JI...... ; . ill
(j' "SI'«;"~' IPr"jt<tI" lMa'" ............. Rfllidtfttial U"ill_ .._"ltd COllI.... ~f iIIcoIpooIIIIII_ ...... 1r .............>jr<I ........ ~iaI ,*", .. ... .. ....·..d ICpInl<ll f""" the ......""'" nl ...... hr, .... or ....' of .... lluildi",IoI. • U. 'hIli"'h mlIlNIi., tI'.he """.......... tIIi. ""_1 Cl'I'Iifi!!,! ~11tS1 the ~ ~~~~~~_•• ~ ---'-' ... _ S . I _ ...... ~ .......... ~ ...... _ _
.. .. C., TWENTV THOUSAND ." ()(\Ileo ••• (S20.ooo.ool........... 'inIn _ ....- ............_ ....... .-..,.._ .. _ ""'" ~ ..... _ ........,. m - - -_._-,


., ".,orllli..........! C..uec:..
~i~f~ 1f\..~EJ)TMOUIAND
FIVE

••••Ieo .•• 01300.lIII0.001 DOIJ..AItS ....inc ---.."" _

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IC. TIIi. ""'......) ,hall """"'- _ """- """ _ .old Iot GIlly • • " ...................1oM 01 .... C _ Prapclty ........... ill .... . - .......
.......... andI.. Slnll' C• faib If> f.,ft"'" 01 .... follo..ift. otol".. ioIII;
III Thc Put<............11 'ip. Cenifit... or ........ 1oft u!>nIillld by .... Iui... wIdriII FonJ,.()ow ...11.,.01 ...... 01 ......100>; _ '" M....
ftli ......It! 'hr ............I~... lilt ... of.hr C _ Prapcn~::,~"................ ilMlidoIt .. _ . y -_._, -,­ IonoeMoIDrr_tn ....._ ... ... ~ . . . C _ , . _ ... - - . . .........


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1CIIEDIJI..E"I"_wou;MANSHIPAJlDMATElWLSTAJlDAJtDISGtJIDE CENE.RAL I. "AnONAL IUlLDING COIlE lNRAC11ONS: A.~ inf.oc';... i• ......idm4. weft-.hip.fIrt II1II_., ItpIind by lIe ... iIdor '1Irir!I1Ie Iftl JW 01""""""",, III lie llllllllatd in r.......... IirM 01 _ l i o n
A N.li""'" I~ileli.. C.... iIIfrKIiaft - . . . _ libl, . . . . . ..-... ...... _ .... is allnlllll Iab/I or apaifl!llby lie ...ildot the , _

"'0', _ .,

III) ..... .....,

J. DESIGN EIIaOIlS: Oni." .......... ~_nt1I101It!_.,..,. .... J. "AT£ST DEFECTS AND COMPLETION rnM$: ftor......... ""' .._ Co 'TANDdOS: 40£."I£aA'"

.......,prriod.

.....,IIIt...

wIIbia.~·.jwIIdIr:llIa.


1lIc .......... illlClla ' ..."an....,........ 1lIc ............1D ... thmr.... weft,.. ............... "' ....iIIct.
no. ......_ ..... lie ""'i....... ioIIpecI ................... .,.....wa.1IIII ......... a NDditioll 01 Ilk. . . . . . 01 . . . .f_1IIII comp/cUaII 01 waot.

. loildot m,.,...ibiltl) ..............., ..... tubjccted '" _ ••...,• C..........ioIIl. ,i,... ,,,.I.. tltt....iIIOn<ft ftloii.. ",lie m, ...ilolo. mponaibillt7.
Any,..,.,I' .....' «""1'1...... 6 ......ilJn-_ ... -..Ilj«.,...."'_I11_"- .... oI............
STANDARDS: UNTaOOllCTlONI
no. q..li'7 .w.cIIrd'lII'C i.......,lOfIIIOdI'7 . . . . . . . . . . . ._ _ -....01.......... ........ _~IIe i di.701_ ...,.. .......ftI•
. . . '......il•••• _III JW-,JIIriad.
COOES AND souacu: .
hiklr........tlCI'> ....11 .......noc:t ....... Ie .........., willi cood IIIofusIry ......ica ""icIl ..ill _ _ ......ity 01 -w. II1II weft_ip. 1lIc till...... ....
lIIq~ift...... 01 the N••"",•• luildi•• idolllill Sw.cIIrd. 01 c..heft appIinbl.). IC PMnbin. Code. the E1r<Vical WilY In.poet.... An.iIIIcr ........ or ..
..... .... Canadi.. ElKrri,,' Cu&: • .....w.cIIrd. or the Canadian Cios A..... i.I!ion..... N•.,o...1F,.. C.... of CaNodIo. and Canad..n Slandard. A...... iI'i.... .
• In oddilioft••"" 1'I"f•• m .........ullOll "I'!""'P'i1" ."",.,,, ....h os .... S....T..... _ I... I..iai.- c-rml... CIIIIIIo Mcnpp A """lief C........ioII...... l.iIdonc
............ Aa_io.iun or IC '" nuDblh .........- """""'-IIip 1IIIIdordI•
• App/Umcn " ....... £~,:
no. iIli.iol .........). p.'ficd ror appIiM<n••1I....... eq~ipmnt lilltlodi......it lilt..... _ _ nu. for ~ thm II "" wriun ...,..flrtlnn
""""7.....11., _,.,., IIWlppliedlll!l '.SIOIk>lby .... 1ouiIdcr. no. ...iIdor ........ _ ......., _r~ - - l • WORKMANSHIP AND MAnlllAL nANDAJtDIS:
I I nOC£J)UItAL:
.. 1 ..... ""' ic, f111I1e .......- .................. "'-............
21 INTERIOR: AI .. l.OOR CO\·EltINO:
II Rullil, IJI'PO"O"' .........iun. _..".. 1ft . . III So.......w, .........11_ ftuori.. joi... ahaIl., Allin•. No ....... 8I:CeJIIIbIoe-.. ................ - . . . _ .
liil So...., ... F"I"" ......., join..: CIIJ'f' ...........) br .i.ibl<. hOI••m. C...,." f.>IoI, ... tidJf" FoW. orcidp...... impal..... catptu _ _ _ . . . . , _................ II SUI~'UX)l1. e......11 " U"".... "'.....: ..10............ "'" ., _ ...... 1\110') out 01 Incl ..ithin m - 13TJ ...o s _ "'.,.,. _ ........ ..,.. ;om _ .. pa<aI'" '" .... ...1'I"...ln' ....1I .., .... IIk........... """"" ... irhin ...' _ .... II ........t I/)eOoI .... _ ..illl.he'--» 11240,. ih . . .ini! t£aL"t1i\iwel, IIICUfalin, tkton.". ftOI KtCpI.Iblt. IIi, C"""L, It! ""'k'f,OW .Iaf> 1M ",.,. "'_ IAni>hrd ..........., .........a-I,Ionpoir • . . . . . - -,..r- ollie A_ ................."""",". Scttknteftt u~~.:dlnr Y.t .. ~ I'Uftli¥l, CI IJOORS -INTERIOR. lJ W..,..•• oIi.'friur ......... """ .................................. _ .......IIo. Iii O""".tn~.. . - •• ~_ . •" WINDOWS' II _MrII.................. ....,..... ig ......... r-ioais ...............
ii' f_i•• brI_ ~niu is .... ~. lEI WAWANOORYWAU.: N......I ,hrin1.Jf ..fclf)..·.11 i..........idcrtd • • rcct. C...b ......... Iotad.lllpin........ilpopl iIIu.... 0I2...... C",,'lin .. idth ... lOOrDm ,I2',In .....h ...._idmd ......"'. 1lIc cIf)",all ..pall'> ., tompl...d IICIII"" fftd of .... W_n.) prriod III II..... , . Wi...... and """mo••. Th< """ram N ..... .......,,"" ...i.,in$ fill cIf)"lIl trpein.IIowa_....., ahaIl., land<d .......... and ..... cad, for ....... FI CEII.ING. 8.1ft, ............ 6mm (W.,) 111m-em.. _ ....... nceui...
CI PAINTING ' ••nunF ""'" "oM......." .... ~ SIondonb CIMdo. IfIO MuIIOI • ......, H, ("AIII"'''''S: C......, .........""'" 01 ' - 1"" ....... 1I£CeIUb... 0rbiMu tIIaIl ., ....... II1II pIumIo....... -.-.. cabi. . . . . fi....... net •• md Jmm Ht.-t.
II TRIM AND MILLWORK:
II1II brI_ ......... II1II ........_ .....1"'" taCIId",... ("',.
JI EXTERIOR:
A' OR "DING
Th< <JhIr II> naaIo/i'" ......, . . . . . . . . . . . . no. _ 10 tnpDIIIiIIIr • 1llli1Ui. IIICh ........... __ lie) ...,.. lICe. ntal>lilhrd •

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I' ONC'RETE-OENERAL: C
CI RUOI'SHINOI.U:

arrru\Cd

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........"m"" ~............ "" .."

"" ......"nr· ,.... 'l,nF. pillin, ....Ii•• Of lpallin. 01 COIICI'fIt weft is -CCJIIII/*. no. ____ ......IeI . . iii........ flO .... u_that lie ......... is ....."...r
_III drain

r""" ouidaor

pIoif_.......

.


W ..... in,...'ffll. ,uum .............. ahall., -1iJIII. dnliallftlPO'l7•• -r_lOcood ....,.1IIIIdordI. 'fl SIOINGISTl.:CCO: . II W"'"' .idin.....11 ... or lIIIif""" aood qu.lity. s....n ",""b """ bel Jha/1., 111I0Il ......... _ .....,. Sidi.. ~Ih ......p ",it. _ .........m. 01 1'1,-, i............bl•. Ioi..u .... _!hrr .i,ht and ....n""'......, ....... (14'). iiI Vi.,1 ... alvtninvtn .idi.. ahaI' br ""railed In _on:I.t".., ..ith .cod 1nd••1/')' sw.cllrd•. DmII • ...,.. . . . . ltIIpait lis . . . . . - _ ~ ... MIl ....""'bl •. foe< lIIilin, B "'" an _pllbl. ropei, mo\hod v."',, ""ommc"'" b' .... """",fon_. liil C....b ill ........,;y _ ....... lidi............lr:IICd " - I"') ....iIII.h . 1eI ., ..... _lilt ... 01 .... _ , patied '" permit - - ' ....,m, '"
. .btllu I., Lral.In ••1trior ...11l ...... ~. JaiIllS.cncls "' ....... """I--_......, ................. ,...,.,t) _!led. Pluprrty ....11oII . . .i.... i11 Win1 end .......Id ., IIIIilIIaIDed by .............. FI FIREPLACES: A prope.l) d..i,.... """ -'""1Ire!>I- ...m_ _ ,...,.,t,. Jr . . . . . . . . . . . . Ioui", ahaIl......u• • _ 01 lie . .I(.w'IioII. _ ........ II ""Iu."'" if pn>bIcmi._oIoInip.-"". CI DOORS - EXTERIOR: . W"'l"Jfortl...................,.............. eIG'_....... _ ...... O'U .. _oI'-C"'·'• ..,....... cncls ...... emopuobk.
HI TRIMlMIUWORK; .
Jui.... .,..........Itrior ........... _hlllillJlidinc......I.. _b ..... cnocU .. _oI~ ....,.
II !'AINTING-EXTERIOR:
".in,."" ...ininr 1Ie SIIIIdardI ~ .. Canad... RcsioIInIiII~. Weod ......._ _ . . . . . . . _ _ ,.. ~ li,nillcMrl) impoift lis


_ ........ pori.......... 01 ................111 10 .............. DI GI.TTti.RS·OOWNSPOVTS.

Shi",.., .......t<1I ...... ....,..... in, lleit Int~ fuDclioII ... 10 ........., !JIll _ iIoMaIIoiiae 1ft .............. loot ....tIhiftr lhac .....IIt. .ly ...........

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I""

<I, nRUCTURAL:


"",,,._f_.. _.............,._io.......................

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a

AI FOVNDAnON:
So"lrmo., 01 fMiII'............. _ 1I1II/IpIiII1II ...._ 1 o .............. Major SINaonI Dtfcct auido rar """'"'
d.,,~<ation. and 5c<t... 14<1 ollie ~ ""'11IiIIIIt.
II WAU FltAMING: • . •
F.amc<I,,·alh _ .... I2IMIIWI_oI ....................... hI. . . .. . . . . - • • ........t ........ m-,\110'.'2'"I·
ROOF fltAMING: .
......., .........1Ii.. 01..., _ _ 111_ ...............1IcaioII........ " ' . NMiaeoI ...... CaoIo.
I!oU:CHANICAL: . AI HEATINO. H.ati......11 br,........., ........... " ' . NMiaeoI ...... C..... no. ___ 10 .......... _ .............. ftlI1Im• • rar lie c.....i•• 01 1110... II1II "'.... -'.._s. II ELECTRICAL: . . f""il";'" 01\;011'" ioNoIlN '" ,,_ _ ...... Ir ....... _ ................. iI<o< ..... .......a.ns


A.'.......,.........._ ...

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r....-

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.........-"*'............

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CI PLUM8ING.
A.y I<:./. ................ .,....Io_~. NOf .............. _ ..._ .......... _ ... "pnI ............. - ...·........,.,..." .
• , .AS.:M.:!\I·I·: AI CltAC'KIN(;: l'i... " • ...&.~.... ,.._wtr ",,1rnf . .1 • ....,..... ('".t, ........'ft'W • •"" . . . . ., "'",,",'10 ' " . . .,...., ..............""..1 ....,"'""'" .. W.Ih"f ~ ....w.,:h

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...
1t1IEDIJLE.....-1IM.IOIl11'll1lC'l'lllW.1IUICI' GUIDE
...... r..IlowIfte 1JIIIdou.n _ ....... 10 .......... MiiI far dNrnIiftin. . . ,,*,ldia, 01. . . . . . s - J Dtfeot (MSD, ............... .......m. "'SD·. "'"'" )UB " " III
........ 1I.. tS'.................. _....,..ut>IrfarMSD'......... .wr............ ,...oI.-.ncJ.......... MSDiu .....,Jtol.Iouildor ••h......
lIUC..wn All MSD M'UST _ _ crIIorII: I) II _ _ _ 4C"1'UA1. D4M4CE 10 . . ..., . . . . . . . . . . 01. ......... ill..., ............. ... 1' ............... M'UST viWlylllioc\ . . _ 01. ....... far.........., ..........
GDlU4L

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Whtrr MiIlOf ....... IO • ..., kIrin...... 01. ........ -.s....... NIbil.,. 01. ....... . . . IIIrIaIcI,'" ....... 1IMII ....iIIId 1O""_IeIioII.-iI. MSD ............ified. SIICII. _ _, .... ,... . . . 10... ..,.".01.. . . - , . ......
.... _ e......... oI.MSD·'...................' "


MINOR D4MACE

I) CONCRETE;

. 11» Mea,in. 01 _ _ !loon II'Id IOOIio....... ","",.h • col."",•• lIlTed II'Id - r • lll&in __ .........


III 4111oorizon1a1"'1IIIjar d......., ........ ...,Ia 01.. r........_

.....!Tee< dIIir ..., kIrinI ~1iIia .




Ie' IflouildoT 1IItmi>cts wish 1O.a..oI.. Ihmuc'... r.- ..........iblilly of old.... ,,".in. I...... "';1.1Ik""'0I.~ ............._ _ _ ... ~. (d) .........,1I'Id IIni'" a-llabs.1I'Id all ..... _·W1ICIlIIIl.Ioh ...........idored .... MSD-.,..
·ComcIi.. ItI..... _ined .,. .. I'tctJ'IIII... ioclutlol., ~ ........

21 WOOD fRAMINO: (..~.II_
(.) AIIam. __

tel DtIlcc1.... ofllam... joilUe_ _ . . . . . . . . 1IoIiItIiIac............. (dl ,""""" walla

11» Colo""'.... !Iowed ondi• •_1y ""k.


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" ' Cnded __ .......",.
t) " ....in. 100/'. N.I . ..,.,. . . Wort.......hip II'Id MSD IIIItdordJ lined ....... iIIIeNIed 10'" ...., iii • III. r. ,.. W ........... 1I'Id " , _............... IIIIiIIuim. *'tilcll ~ 01.
SIandanI•. Doc;....., ..... by ............ ,.,plllift. reqolred rtpain ... linalll'ld lliftdin. lIIIIn. allIftIlI..,...... IO .........


I'U.4SE CONT4CT TIlE Pl.0G1AM roR f'lJRTHEIllHf'oaMAnON OR CLUIflC4t1ON.

ICIIIDtII.I: "C"-IIOIIE INIIOLUIEHT GUIDIUNES
I. CENERA.I. TIw ........."' ..... _ """""' .. SVarw-,. ...... 1"cIIIowIna ............ -. I') TIw Unit .... """ """""Iy eM>Ilt4 III' TlwB.ildt'ha."r....tly ..flMtdll'ldtlllomlMll ........... ~.., . . . . ~(41).,.0I. . . . . . 0I........... Ie) TIw Pro...... luis iI.ued . . "W_y Ceftificatt... ... ~ . . eM>IlclI••• oill~ .................. ~ . . . . . . . . . . . . . . .., .......... _NOT ...... IOW_f-...TIw .......... _

.. ...,,1

(e) _ r ......tno<tioII_•••ardIouol. ........ ,....ut _Iuuod 10.......... _01. • ....., it.
J. wt.c... 10ildoT M.m.............M......"""" Contnc1" willllho _1I'Id dot. _ "l'I'ly ..y ....tori.I........... DrIly ClHltdi_ . ."'. """"I",,,.. i. dilCmional)".
•. W_. B.i.....' M.mhe, is ~ired"''' _ . a - m l - II ........... anll_ II .......iredlllllcu. I ....... Molllbo< tupplie. _ dian "'" 01. _ _
...., ... nlabh""-.ll>ylho r'..Ir...., ........
S. H"""", Ill' 1I••ido:ft,ialUni!.....ollcll lou! _iai.. ......."w far lou _ "" Il) ,..., ......... ,.,. prioo 10 . .it ..........illod 10 W_J ....... ra'. 1Io'he",. Homo.
a..iden,i.I Ufti, in'<"""" 1111 "'....... ,.,...d prioo Ie I....Ie. Iho Boilde, IIII11",.1I'Id IOIIIIIillho .. ~ Cefti....." . . . . ..., 0I.1'Ioueu......, . . . . dolt 01."II1II
-,"y. A W""'.'1 <I.i"' ....y""' .....bmiued dorin. tIIi. "'.......riod .. ,he B.ilde, illliII . . _ .
.. Unit> e"""noettd lor "lIIird ",,"1" ...... requi'" •'Specia' Projo<t" b11ho .Propvn wIoofI C'I'OU ~ .................., he ""oired.
" If. dhpulc an... "'pnlin, Iho ....._01 ............... 01.. Ro....iaI Unit,." tIttcnni...... b)o ................, ... bald....... ,..ie.... thi. 4 . - -..


a. I.) _ , ....olill.
........ ~ ........... u.uu... . . . , . _ I O _ ;
loIidr,MomI>cts MUST II>J .... pn."""...i....;


1f'PI'O'"

10,

ICHEDULE "H"-SPECIA.I. UQU..EM£NTSI....... IIII' .........,

., .....Itf rI CndII 1_.., .,.... '0" pt'OYi..... 01....... Intofofmdil iIllho _ of~'_ _ _ _ _ _ _....... OKII ..... tIIIOIlclI iIllho Nt.. H_ 110'_1 .......... 01. IriIi'" CoIuml>i.1I'Id . . V....... r• • paiod 01. """' ...... detonllined by . . l'tctJ'IIII.


""_0..

• UILDEIl;

I'tI.OGIAM:

" ........ Fft
, ......". ........... lIIIICharppnnoi... r. """'itiollol.l.':=-_ _ _ _ _ _ _.......... farOKll .............. Now ..... ""-y ........ oI..riIisIIC........
. . . V..... r•• poriod 01.......... *-iMd .., ...........


.ua.DEIl:

ftlIXIItAM;

SCHEDULE "G"

OPERATING BUDGET PHASE I - 36 UNITS

INCOME Operating Assessments TOTAL INCOME: EXPENDITURES Audit General Meetings Insurance Management General Administration Repairs/Maintenance Scavenging Gardening/Repairs Road Maintenance Electrical TOTAL EXPENSES: RESERVES: (10%) $ 530.00 100.00 1, 900.00 5,650.00 530.00 2,820.00 940.00 5,650.00 560.00 530.00 $21,130.00 21, 130.00

$19,210.00 1,920.00 $21, 130.00 $21, 130.00

TOTAL EXPENSES AND RESERVES:

064/7744C

- 17 ­

SCHEDULE

II

Gil

PROPOSED BUDGET
PHASE I - 36 UNITS
Strata Lot
-

Unit Entitlement 46
47
35
35
34
34
34
34
45
45
35
34
45
45
35
34
46
47
35
35
47
46
35
35
47
47
35
35
46
47
35
35
47
47
35
35


Monthly

O~erating

Cost

"

<

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36


56.58 57.81 43.05 43.05 41.82 41.82 41.82 41.82 55.35 55.35 43.05 41.82 55.35 55.35 43.05 41. 82
56.58 57.81 43.05 43.05 57.81 56.58 43.05 43.05 57.81 57.81 43.05 43.05 56.58 57.81 43.05 43.05 57.81 57.81 43.05 43.05

CALCULATION OF MONTHLY OPERATING COSTS Total Budget Total Unit Entitlement THEREFORE: 1.23 x $21,130.00 1434 UNIT ENTITLEMENT
=

14.735
12

=

1.23


= MONTHLY

OPERATING COSTS

064/7744C

- 18 ­

SCHEDULE .. Gil PROPOSED BUDGET
­

PHASE I AND PHASE II - 68 UNITS Strata Lot
~
~

Unit Entitlement 46 47 35 35 34 34 34 34 45 45 35 34 45 45 35 34 46 47 35 35 47 46 35 35 47 47 35 35 46 47 35 35 47 47 35 35 47 47 35 35 46

Monthly 02erating Cost 61.92
63.26
47.11
47.11
45.76
45.76
45.76
45.76
60.57
60.57
47.11
45.76
60.57
60.57
47.11
45.76
61.92
63.26
47.11
47.11
63.26
61.92
47.11
47.11
63.26
63.26
47.11
47.11
61.92
63.26
47.11
47.11
63.26
63.26
47.11
47.11
63.26
63.26
47.11
47.11
61.92


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41

064/7744C

- 19 ­

PHASE I AND PHASE I I - 68 UNITS Strata Lot 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 Unit Entitlement 47 35 35 47 47 35 35 47 47 35 35 46 47 35 35 47 47 35 35 46 47 35 35 47 47 35 35

(continued) Monthly Operating Cost 63;26 47.11 47.11 63.26 63.26 47.11 47.11 63.26 63.26 47.11 47.11 61.92 63.26 47.11 47.11 63.26 63.26 47.11 47.11 61. 92 63.26 47.11 47.11 63.26 63.26 47.11 47.11

f

CALCULATION OF MONTHLY OPERATING COSTS Total Budget Total Unit Entitlement THEREFORE: 1.346 $44,300.00 2743
=

16.15 12

= 1.346

x UNIT ENTITLEMENT

= MONTHLY

OPERATING COSTS

064/7744C

- 20 ­

SCHEDULE

II

G

II


OPERATING BUDGET
PHASE I AND PHASE II - 68 UNITS


,

- INCOME Operating Assessments TOTAL INCOME: $44,300.00 $44,300.00

EXPENDITURES Audit General Meetings Insurance Management General Administration Repairs/Maintenance Scavenging Gardening/Repairs Road Maintenance Electrical TOTAL EXPENSES: RESERVES: (10%) $ 1,000.00 100.00 4,000.00 12,000.00 1,000.00 6,000.00 2,000.00 12,000.00 1,200.00 1,000.00 $40,300.00 4,000.00 $44,300.00 $44,300.00

TOTAL EXPENSES AND RESERVES:

NOTES: 1. 2. Insurance is based on a full replacement value, excluding land and foundations, of $4,728,000.00. Water and sewer rates are charged directly to Strata Lot Owners' tax account.

064/7744C

- 21 ­

11'11"

DATED:

THE

DAY OF JUNE, 1987

BY: INTERNATIONAL LAND CORPORATION LTD.

DISCLOSURE STATEMENT
FOR
·SURRIDGE ESTATES·


DKC/03057/01430


LADNER DOWNS
Barristers and Solicitors
2100 Pacific Centre South
P.O. Box 10021
700 West Georgia Street
Vancouver, B.C. V7Y lA8
Telephone: (604) 687-5744


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