a City Clerk re

schanges to Traffic Reg.

Amend.B/law No.

Traffic Reg.
Amend. B/law
#1303~3rd
reading

March 18th, 1974

4 (Except the Fasterly 14° thereof), Block 32, District Lot 464, Gro

AD THAT the Strata Subdivision Plan of the property comprised in Lot

up One,
Plan 7080, New Westminster District, being a Strata Subdivision of the 16-
unit townhouse project contemplated and described in Lang Use Contract No. 5
of the City which said Land Use Contract was authorized pursuant to the pro-
visions of the "Land Use Contract No. 5 Authorization By~law, 1973, No, 1287'
be approved ;

AND THAT His Worsbip the Mayor and City Clerk be authorized to sign the

said Strata Subdivision Plan on behalf of the City and affix the Corporate

Seal thereto,

Alderman Traboulay stated his view that developers of the type of pro-
ject contemplated are only hterested in a quick profit and inquired how much
the average price of the dwelling units would be. Mr. Poul Hansen, Architect
for the project, advised that the prices would be between $30,000.09 and
$36,090.00 per unit based on present construction costs, and Alderman

ald

Traboulay stated he Felt these prices would be out of the range of thany

people who need housing.

BY-LANS :

From the City Clerk, March 14th, 1974, referring to the fact that due
to changes in the parking arrangements on Cedar Drive it was necessary te
make certain amendments to Traffic Amendment By-law No. 1303, and submitting
a revised version thereof for consideration.

Moved by Alderman Traboulay:

Seconded by Alderman Keryluk:

That third reading of the “Traffic Regulation By-law, 1971, No. 1li7,
Amendment By-law, 1974, No. 1303" as given on February 25th, 1974, be re-

scinded;

THAT Section 1 of the said By-law No. 1303 be struct out and the follow-
ing substituted therefor:

"1. Section 9 of Schedule "A" of the "Traffic Regulation By-law, 1971,

0. 1117" is amended by inserting the following therein as clauses i,* ang i.}:

"1.7 Cedar Brive - East side - Prairie Avenue to Wright Avenue.

i3 Cedar Drive ~ West Side - Prairie Avenue to Wright Avenue."

TUAT the following be inserted as a new Section 4 and that the present
Sections 4, 5, 6, 7, 8, 9 and 10 be renumbered as Sections 5, 6, 7, 8, 9,
10 and 11, respectively:

"4. Section 10 of Schedule “A" is further amended by inserting the