AND WHEREAS passage of this By-law would not cause the authorization
for borrowing hereinbefore recited to be exceeded;

THEREFORE, the Municipal: Council of The Corporation of the City of
Port Coquitlam, in open meeting assembled, enacts as follows:~<
i. That Pavement - 28' width; Storm Sewer, and Extruded Concrete Curb;
all of a "Local Street" construction standard on a normal construction

schedule; on Newberry Street from the north boundary of Fraser Avenue

to the south boundary of Prairie Avenue in the Cicy of Port Coquitlam

as a local improvement under the provisions of Part XVI of the "Municipal

Act", as amended,

2. . That the City Ergineer of the City do forthwith make such plaas,
profiles, and specifications and furnish such information as may be
necessary for the making of a contract for the execution of the work.

3. The work shall be carried on and executed under the superintendence
and according to the direction and orders of the said City Engineer.

4. The Mayor and Clerk of the City are authorized to cause a contract
for the construction of the work to be made and entered into/with sone
person or persons, firm or corporation, subjecc to the approval of the
Council to be declared by resolution. 7

5. Upon che completion of the execution and financing of the work the
Treasurer shall submit to the Council a certified statement setting out
the cost of the work and the cost shall be as so certified.

6. (a) The owners share or portion of the cost shall be $13.75 per foot
of taxable foot-frontage of the parcels benefitting from or abutting on
the work in accordance with the provisions of the "Local Improvement
Charge By-law, 1969, No. 912" and shall be paid from the proceeds of the
sale of debentures issued pursuant to the borrowing authority granted

by the Inspector of Municipalities.

(b) The annual charge for each foot of taxable foot-frontage to be
Specially charged againat parcels benefitting from or abutting the work
shall be $2.29 for ten years in accordance with the provisions of the
“Local Improvement Charge By-law, 1969, No. 912" and shall be imposed
in accordance with the provisions of Division (3) Part 1X of the Municipal

Act and shall be paid into the General Revenue Fund oi the Clty and used