ie E ‘ p ; nares 1 i , Rit fe Las + na ‘ SIMS x view aaa tye mad deirhe | in " ie aie ch a Nid THE CORPORATION OF THE CITY OF PORT COQUITLAM MEMORANDUM TO: BR. Kirk January 25th, 1985 City Administrator FROM: RVA, Freeman City Clerk SUBJECT: Fraser Valley Regional Llorary Cost Sharing. RECOMMENDATION; That Council! enaorse The Fraser Valley Reglona!} Library Boarg of Managementts recommendation that the uS@ of actual value assessments In over a three year pertod beginning tn - apportioning the member requisitions tn BACKGROUND AND COMMENTS: On December 17th, 1984 the Council! endorsed the Fraser Valtey Reglona} Library Board of Management's racommendation that they Use a "Converted base" as the basis for apportioning the member requisitions In 1985, The Boardts recommendation concerning The years after 1985 was not dealt with at that meeting and Alderman Stewart, the Cityts representative to the Fraser Valley Regional Liorary Board, has examined the situation ang feels that the best interests of the l[lbrary system, and of the City, would be Served by endorsing the Proposai to phase In éctual value assessments, Council members wl} | recall that this matter arises due To a change in Provinclal Assessmant Polilcy whtch affects the baslis Upon which the Ifbrary costs are Shared. Alderman Stewart wili be able to offer a further verba} explanation at the Counc! | meeting. a Freeman City Clerk G-01/28/85