4 THE CORPORATION OF THE CITY OF PORT LOQUITLAM ! BYLAW NO. 2247 A Bylaw To provide for the payment of an indemnity to the Mayor and Aldermen of The Corporation of the City of Port Coquitlam, WHEREAS under and by virtue of section 267 of the "Municipal! Act" being Chapter 290 of the Revised Statutes of British Columbia, 1979, the Counc] | may by bylaw provide for paying out of the annual revenue an indemnity to the Mayor and Aldermen of The Corporation of the City of Port Coquitiam, and may provide that a portion of the said indemnity to be paid to the Maver and Aldermen snall be paid as an allowance for expenses incidental to the discharge of the duties of their respective offices; NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in Open meeting assembled, enacts as foltlows: 1. Uuring the period extending from the First Monday after the First dav of December, 1986 to the First Monday after the First day of Lecember, 1987, There shall be paid to the Mayor of The Corporation of the City of Port Coquitlam an indemnity of $30,276.00 per annum of which said indemnity the Sum of $10,092.00 shail be paid as an allowance for expenses incidental to The discharge of the duties of his office, 2. During the period extending from the First Mondav after the First day of December, 1986 to the First Monday after the First day of December, 1987, There shall be paid to each of the Aldermen of The Corporation of tne City Of Port Coquitiam an indemnity of $9,264.00 per annum of which said indemnity the sum of $3,088.00 shal! be paid as an allowance for expenses incidental to the discharge of the duties of the office of Alderman. 3. The indemnity provided for in Sections 1 and 2 hereof shail be paid by the City Treasurer in twelve equal monthly instal iments during the months of December, 1986 Through November 1987, inclusive, to the person or persons entitled to receive the same without further order or resolution of tne Council save and except as provided in Section 5 of this Bylaw, 4, After the expiry of the time specified in Sections 1 and 2 hereof the Treasurer shal! continue to pay The same equal monthiv instaliments to the person or persons entitled to receive the same as was being paid under the authority of Sections 1 and 2 hereof untj | the Councii sha!l orherwise provide; and, upon such provision being made the amount or amounts paid shal! be adjusted accordingly. 5. In the event any member of Counci! is absent tor more tnan three. consecutive regular Council meetings the indemnity that would otherwise be due that member shall not be paid to that member. The provisions of this Section may be waived by unanimous vote of the remaining members of Council, 6. This Bylaw may be cited for al| Purposes as the "Counci! Indemnity Bylaw, 1987, No. 2247", FIRST THREE READINGS