THE CORPORATION OF THE CITY OF PORT C | U N C | [L

MAR 3= 1986

BYLAW NO. 2172

A Bylaw to authorize the expenditure of monies
in the "Development Cost Charge Reserve Funds".

WHEREAS pursuant to Section 719(7) of the "Municipal Act", being Chapter 290,
R.S.B.C., 1979, the Counci! established Development Cost Charge Reserve Funds;

AND WHEREAS it 1s deemed desirable to expend a portion of the monies set aside in
the Development Cost Charge Reserve Funds; ‘

NOW THEREFORE the Municipal Council of The Corporation of the City of Port
Coquitiam in open meeting assembled, enacts as fol flows:

The sums hereinafter specified are hereby appropriated from the respective
Development Cost Charge Reserve Funds to be expended for the following purposes

for the year 1985:

Water Facilities $ 2,710.00
Highway Facilities $ 150,000.00
Sewage Facilities $ 16,116.00

Should any of the above amounts remain unexpended after the expenditures hereby
authorized has been made, any unexpended balances shal! be returned to the credit

of the specified Reserve Fund. -

This bylaw may be cited for al! purposes as the "Development Cost Charge, Reserve
Fund Expenditure Authorization Bylaw, 1986, No. 2172". ;

FIRST THREE READINGS