COUN THE CORPORATION OF THE CITY OF PORT COQUITLAM ine APR 2.9 1978 BY-LAW NO. 1315 A By-law for levying a rate or rates on all taxable lands and improve- ments assessed on the revised assessment roll of The Corporation of the City of Port Coquitlam fer the year 1974 to provide for all sums which may be re- quired for the lawful purposes of the said Corporation for the current year. WHEREAS by the provisions of Section 206 of the "Municipal Act" being Chapter 255 of the Revised Statutes of British Columbia, 1960, and Amendments thereto, the Council of every municipality shall in. every year, on or before the 15th ‘day of May, pacs a By-law or By-laws for imposing a rate or rates on all lands and improvements according to the assessed value thereof, subject to the provisions of the said section, to provide for all such sums as may be re- quired for the purposes set out in the said Section 206; AND WHEREAS it is necessary to provide certain sums of money to provide for the lawful purposes and obligations of The Corporation of the City of Port Coquitlam for the year 1974; NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: 1. There are hereby impoged and levied and there shall be raised and collected from all taxable lands and improvements within The Corporation of the City of Port Coquitlam assessed on the revised assessment roll of the Gity for the year 1974 the following taxes or rates: (a) Upon the full assessed value of land and upon seventy-five percen- tum (75%) of the assessed value of improvements (as provided in Clause (a) of subsection (3) of section 206 of the Municipal Act): (4) for all lawful general purposes of the City 43.0025 Mills on the Dollar (iL) to meet payments of interest and principal of debts incurred by the City for whichother provision has not been made 3.7200 Mills on the Dollar thus totalling 46.7225 Mills on the Dollar Upon the full assessed value of land and upon seventy-five percen- tum (75%) of the assessed value of improvements on the basis pro- vided by section 26 of the Regional Hospital Districts Act (as pro- vided in clause (b) of subsection (3) of section 206 of the Municipal