August 26th, 1974

City of Port Coquitlam and District of Coquitlam on the basis of the cost-

sharing agreement covering the Justice Building. Carried.

City Adm.re From the City Administrator, August 23rd, 1974, advising of six clerical

revisions-1974

Assess.Roli errors in the Assessment Roll that were not discovered until after the Court
of Revision, involving omitted figures or transpositions, and that all have
been adjusted on the current tax notices; further, that approval has been re
ceived from the Assessment Commissioner's Office under Section 40 of the Assess-—
ment Equalization Act to make the required adjustments. The City Administrator,
in his report, advised that an additional adjustment is also required in connec-
tion with the Masonic property which was successful in its appeal to the Assess-—
ment Appeal Board and won a reduction; thus, the net result of the adjustments

is a reduction in the total tax levy of $111.43.

Moved by Alderman Keryluk:

Seconded by Alderman Mabbett:

That as requested in a memorandum from the City Collector, August 20th,

1974, submitted with a report thereon from the City Administrator, August 23rd,
1974, the Municipal Council of The Corporation of the City of Port Coquitlam
hereby authorizes that the 1974 Assessment Roll of The Corporation of the City
of Port Coquitlam be revised to:
(a) correct errors and ommissions on the properties listed hereunder pursuant

to approval granted in a letter from the Office of the Assessment Commissio-

ner, June 28th, 1974, under Section 40 of the Assessment Equalization Act:

Roll Original Assessment Revised Assessment Original Revised
No. Land Impts. Land Impts. Tax Levy Tax Levy Tax Adjustment

101814 5000. " 2210. 6690. 430.00 621.51 191.51 (increase)
586063 2040. 5950. 2040. 5560. 559.22 534.06 25.16(reduce)
942315 2110. 8460. 2110. 7950. 727.13 694.27 32.86 (reduce)
924331 3000. ) 900. 2250. 258.00 222.48  35.52(reduce)
924332 1810. 2250. 4750. 1) 300.78 408.50 107.72(increase)

921725 & 5650. ) 3950, 6 485.90 339.70 146.20(reduce)
921725-001 1700. (EX. )

(b) adjust the gross current tax levy from $2,376.82 to $2,205.90 on the
Improvements Assessment of the DeWolfe Masonic Holding Co. pursuant to a
decision made on an Appeal by the Assessment Appeal Board, as follows:

Roll Original Assessment Revised Assessment Original Revised
No. Land Impts. Land Impts. Tax Levy Tax Levy Tax Adjustment

469004 13200, 19250. 13200. 16600. 2376.82 2205.90 170.92 (reduce)
Carried.

City Adm. -Adv. From the City Administrator, August 23rd, 1974, submitting a copy of an
Agree.~Can-Arena
Agreement with Can-Arena Ads Ine., covering the contract for advertising at

the City's arenas that basically includes a five-vear lease under which Can-

Arena Ads will provide two score-board clocks, a lighted read-o-graph Marquee