~3- (a) To borrow upon the credit of the City a sum not to exceed Two Hundred Fifty Thousand ($250,000.00) Dollars. (b) To acquire all such reat property. easements, rights-of-way, licences, rights or authorities as may be requisite or desirable for or in connection with the said construction. 2. This By-law may be cited for all purposes as the "Former Coquitlam Dyking District Specified Area Construction and Loan Authorization By-law, 1977, No. 1576". _ Read a ficst time by the Municipal Council this Twenty-second day of December, Read a second time by the Municipal Council this Twenty-second day of December, 1977. Read a third time by the Municipal Council this Twenty-second day of December, 1977. Received the approval of the Inspector of Municipalities this Reconsidered, finally passed and adopted by the Municipal Council of The Corporation of the City of Port Coquitlam this City Clerk