PROVINCE OF BRITISH COLUMBIA ORDER OF THE LIEUTENANT GOVERNOR IN COUNCIL Order in Council No. 399 , Approved and Ordered Lieutenant Governor Executive Council Chambers, Victoria On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that, effective March 31, 1999. (1) The assets and portions of assets described in Schedule I are excluded from the assets of BC Transit that become the assets of the authority under section 38 (2) (a) of the Greater Vancouver Transportation Authority Act. (2) Nothing in subsection (1) precludes the assets and portions of assets described in Schedule 2 from becoming assets of the authority under section 38 (2) (a) of the Greater Vancouver Transportation Authority Act. 2 The liabilities and portions of liabilities described in Schedule 3 are excluded from the liabilities of BC Transit that become the liabilities of the authority under section 38 (2) (a) of the Greater Vancouver Transportation Authority Act and from which BC Transit is released under section 38 (2) (h) of that Act. 3 The authority is granted a lease, for a nominal rental, to use, operate and generate revenues from the assets and portions of assets of BC Transit that are specified in paragraphs (a), (b) and (d) of Schedule 1 except for (a) those assets and portions of assets described in Schedule 2, and (h) those assets and portions of assets described in Schedule 4. 4 The terms and conditions applicable to the lease referred to in section 3 of this order are described in Schedule 5. Minister dY Finance and Corporate Relations Presidin. Member of the Executive Council (This part is (or administrative purposes only and is not part o/ the Order.) ~ulhnrit∎ under Is WI Order is made: Act and section: Greater Vancouver Transportation Authority Act, section 38 Other (specify):- March 23, 1999 /99/33/bh SCHEDULE 1 The following assets and portions of assets are excluded from the assets of BC Transit that become the assets of the authority under section 38 (2) (a) of the Greater Nincouver Transportation Authority Act: (a) any interest of BC Transit in SkyTrain, including, but not limited to, any interest of BC Transit in ( i) the properties described in Appendix A, (ii) the improvements on the properties described in Appendix A, including tracks, bridges, guideways, tunnels, roads, stations, parking lots, wayside electrical power substations, passenger access facilities, equipment, the operations and maintenance facility and the SkyBridge that are used or intended for use in relation to SkyTrain, and (iii) feasibility studies for Richmond and Coquitlam; (b) any interest of BC Transit in West Coast Express, including, but not limited to, any interest of BC Transit in (i) the properties described in Appendix B, (ii) the improvements on the properties described in Appendix B, and (iii) the locomotives described in Appendix C; (c) any interest of BC Transit in the property located adjacent to the King George SkyTrain Station and described in Appendix D; (d) any interest of BC Transit in the work in progesss related to the Portside Development SeaBus Terminal Relocation described in Appendix E; ( e) current and other assets described in Appendix F; (1) all records and parts of records held by the corporate secretary of BC Transit, including agendas, reports, and minutes of meetings of the BC Transit board of directors or any of its committees; (g) all records and parts of records relating to (i) the construction and acquisition of assets referred to in this schedule, and (ii) the liabilities referred to in Schedule 3. SCHEDULE 1 - APPENDIX A BC TRANSIT REAL PROPERTY AND IMPROVEMENTS TO BE RETAINED BY BC TRANSIT ROLL NO. P.I.D. NO. FILE NO. PROPERTY/ADDRESS LEGAL DESCRIPTION TITLE NO. STATUS SKYIRAINPHASg I STREET USE AGREEMENT GUIDEWAY ENCROACHMENT LICENSE (CITY OF VANCOUVER) ON CITY STREETS WATERFRONT STATION TO BURRARD TATION 11-10-10 GUIDEWAY AGREEMENT 1. LOT 1 EXC: AIRSP. PL LMP23975, DL 541 AND THE N/A SRW - WATERFRONT STATION PUBLIC HARBOUR OF BURRARD INLET, GR 1, 023-166-339 NWD PL LMP23953 (SRW PL 17850) BK80309 2. LOT 2 EXC: AIRSP. PL LMP23976, DL 541 AND THE N/A SRW PUBLIC HARBOUR OF BURRARD INLET, GR 1, 023-166-363 NWD PL LMP23953 (SRW PL 17850) BK80310 3. LOT 3, DL 541 AND THE N/A SRW PUBLIC HARBOUR OF BURRARD INLET, GR 1, 023-166-371 NWD PL LMP23953 (SRW PL 17850) BK343506 4. LOT 4, DL 541 AND THE N/A SRW PUBLIC HARBOUR OF BURRARD INLET, GR 1, 023-166-380 NWD PL LMP23953 (SRW PL 17850) BK30.9004 5. LOT 5, DL 541 AND THE N/A SRW PUBLIC HARBOUR OF BURRARD INLET, GR 1, 023-166-398 NWD PL LMP23953 (SRW PL 17850) BK309005 6. LOT 7 EXC: PL LMP23953, DL 541 AND THE N/A SRW PUBLIC HARBOUR OF BURRARD INLET, GR 1, 002-879-841 PL 13607 (SRW PL 17850) BK343507 11-10-10 EAST CONCOURSE AGREEMENT 1. LOT 5, DL 541 AND THE N/A SRW -WATERFRONT STATION PUBLIC HARBOUR OF BURRARD INLET, GR 1, 023-166-398 NWD PL LMP23953 (SRW PL 16931) BK309005 2. LOT 7 EXC: PL LMP23953, DL 541 AND THE N/A SRW PUBLIC HARBOUR OF BURRARD INLET, GR 1, 002-879-841 PL 13607 (SRW PL 16931) BK343507 11-10-10 WEST CONCOURSE AGREEMENT 1. LOT 1 EXC: AIRSP. PL LMP23975, DL 541 AND THE N/A SRW 1 - WATERFRONT STATION PUBLIC HARBOUR OF BURRARD INLET, GR 1, 023-166-339 NWD PL LMP23953 (SRW PL 16930) BK80309 2. LOT 2 EXC: AIRSP. PL LMP23976, DL 541 AND THE N/A SRW PUBLIC HARBOUR OF BURRARD INLET, GR 1, 023-166-363 NWD PL LMP23953 (SRW PL 16930) BK80310 3. LOT 3, DL 541 AND THE N/A SRW PUBLIC HARBOUR OF BURRARD INLET, GR 1, 023-166-371 NWD PL LMP23953 (SRW PL 16930) BK343506 4. LOT 7 EXC: PL LMP23953, DL 541 AND THE N/A SRW PUBLIC HARBOUR OF BURRARD INLET, GR 1, 002-879-841 PL 13607 (SRW PL 16930) BK343507 11-12-16 TUNNEL PORTAL LOT 31, BL 1, DL 185 AND THE PUBLIC HARBOUR OF N/A SRW - HASTINGS & THURLOW - VAN BURRARD INLET, GR 1, NWD PL LMP29892 023-687-070 (SRW PL LMP2292) BK373146 BC TRANSIT REAL PROPERTY AND IMPROVEMENTS TO BE RETAINED BY BC TRANSIT ROLL NO. P.I.D. NO. FILE NO. PROPERTY/ADDRESS LEGAL DESCRIPTION TITLE NO. STATUS IBURRARD_SIATIOR_LO GRANYILLE_ TATLQN 11.14-10 DISCOVERY PARK LOT 6, BL 2, DL 185, PL 18929 516-120-595-95 NO FORMAL ' - BURRARD STATION (R807 - POSSIBILITY OF REVERTER) 007-051-859 OCC. RTS. (CITY OF VAN. PROPERTY) J68935 GRANVILLE STATIONTOITADIUM_STATION H1-18-16 593 RICHARDS ST - VAN LOT 22, BL 34, DL 541, PL 210 (SRW PL 18590) 518-138-592-95 SRW 008-257-019 GC34261 LOT 23, BL 34, DL 541, PL 210 (SRW PL 18590) 518-138-592-95 008-257-043 1 GC34262 11-18-24 HUDSON'S BAY CO - TRANSIT LOT B EXC: HEF PL 2608, BL 43, DL 541, PL 5428 N/A SRW (SRW PL 17227) 011-168-803 L117785 11.18-26 570 DUNSMUIR ST - VAN LOT C, BL 44, DL 541, PL LMP18310 N/A SRW (SRW PL 17410) 018-898-530 BM62928 11-20-10/ SITE "A" PROPERTIES - PCL F, BL 38, DL 541, PL LMP3441 (SRW PL 19453) N/A SRW 12/16/18/ DUNSMUIR ST BETWEEN BEATTY 017-705-061 20 ST AND CAMBIE ST BF57725 (111 DUNSMUIR ST.) 11.22-10 '590 BEATTY ST - VAN LOT C, BL 39, DL 541, PL 1127 026-160-592-82 OWNED 014-953-528 K62710 LOT 0, BL 39, DL 541, PL 1127 026-160-592-82 014-953-536 GC131715 11-22-16 NE CORNER-BEATTY & DUNSMUIR LOT P, BL 39, OL 541, PL 21449 026-160-592-94 OWNED 008-557-705 R107873 11-24-10 FALSE CREEK LAND 1 THAT PART OF DL 541 IN SRW PL 17513, GR 1, NWD N/A I OWNED EXCHANGE AGREEMENT 005-312-680 -SRW - STADIUM STATION P102742 TO QUEBEC ST 2. LOT B EXC: PL 20896, 23021, LMP12037, AND LMP22412, N/A 2. SRW BL 1, DL 2037, 4670, 4677, PL 18463 (SRW PL 18204) 004.582-454 BL307361 11-24-12 QUEBEC ST & TERMINAL AVE LOT 4, EXC: REF PL 17960, DL 2037, PL 17093 SRW (SRW PL 17649) 002-623-536 P12654 BC TRANSIT REAL PROPERTY AND IMPROVEMENTS TO BE RETAINED BY BC TRANSIT ROLL NO. P.I.D. NO. FILE NO. PROPERTY/ADDRESS LEGAL DESCRIPTION TITLE NO. STATUS 111-24-16 QUEBEC ST & TERMINAL AVE SRW PL 17649 OF LOT 6, SRW DL 2037, PL 17093 MAItiSISTATIORTOIROADWAY 11-26-10 MAIN ST & TERMINAL AVE STRATA PLAN LMS2327 (SRW PL 16024 & 16025) N/A SRW (NO PID) (NO TITLE) 11-26-12 1150 & 1296 STATION ST - VAN LOT D EXC PART IN PL22525, BL G, DL 2037, PL 22488 013-630-192-078 SRW &14 (PART IN EXPL PL16473, 16474, 19146, 19147) 015-081-575 GC147843 11.26-16 THORNTON PARK - MAIN & LOT 1, BL 25, DL 196 & 2037, PL LMP46C9 315-190-608-96 SRW TERMINAL - VAN 017-796-849 BF177226 11.28-16 2055 CLARK DR - VAN LOT B, BL77, DL264A, PL 9531 (SRW PL 19077) N/A SRW PL9531 (EXPL PL19077) 009-632-921 GB78925 11-28-18 800 TERRMINAL AVE - VAN AMD LOT5 (REF [L 3301) OF LOT H (REF PL 1341) N/A SRW DL 2037, GR 1, NWD 014-662-167 (SRW PL16806) BF236943 11.28-20 GLEN DR & TERMINAL AVE - VAN PCL 8 OF PLC I, REF PL SRW 2681, DL 2037, PL 1341 11-28-22 SRW - GLEN DR TO COMMERCIAL NUMEROUS - SEE FILE SRW THROUGH BNR LANDS 11-28-26 950 TERMINAL AVE - VAN PCL 13 EXC: ROAD PL LMP26175, DL 2037, GR 1, N/A SRW NWD PL LMP22799 (SRW PL 16978) 023.075-201 BN44117 BROADWAY STATION TO 29TH AVE STATION 11-30-10/ NE CORNER - BROADWAY & LOT J EXC: PART IN AIRSP.