«THE CORPORATION OF THE CITY OF PORT COQUITLAM

QUNCIL

DEC 17 1984 . :

MEMO : 4

TO: Mayor & Council. DATE: December 13, 1984 : = , me 1
y
FROM: Administration Committee. -

SUBJECT: Fraser Valley Regional Library (FVRL) Cost Sharing.

RECOMMENDATION : y an flee

That Council endorse the F.V.R.L. Board of Management's recommen “ation " fo

that they use a "converted base" as the basis for apportioning the member ‘ aed
requisitions in 1985.

BACKGROUND & COMMENTS:

See attached from the F.V.R.L.

The F.V.R.L. levy has for the past seven years been based upon the ratio
of the members assessments for Hospital purposes for the preceding year.
In 1984 the Hospital assessments changed to actual value from the previous
percentage of actual value which varied from 10% on residential properties _ Doe
to 35% for utilities consequently there would be substantial changes in i 7 ‘

Members requisitions if the cost sharing remained strictly on Hospital ot , ‘
assessments. f aoe

The Board of Managements proposal is to re-apply the previous percentages
to the 1984 Hospital assessments to maintain the status quo.

The apportionment of F.V.R.L. costs amongst the members can be made on anv !
basis agreed to by the members. For the past seven years the hospital i

assessments have been used prior to that a combination of general assess~
ments and population.

If the converted base is used in 1985 our F.V.R.L. levy will decrease by
$5,841 or 2.25%; however, if we continued to use the hospital assessment
base for 1985, our levy would decrease by $13,427 or 5.18%.

The recommendation is to maintain the status quo. i

Maint KKK
J a

// Maitland.

JM/ms

Attachment Cc opy oF Complete

Report AivaAl LABCE ‘
Upon Re QuEST,

3 4 cinry cleck