THE CORPORATION OF THE CITY OF poRT COQUT TL AM
BY-LAW NO. 1798 | 0 U N CI L
AN 12 198 ;

A By-law to aasess, levy and collect the cost of the work of local J

improvement authorized by By-law No. 1747 of The Corporation of the City
of Port Coquitlam. .

WHEREAS pursuant to By~law No. 1747 of The Corporation of the City
of Port Coquitlam, being the “Langan Avenue Pavement, Storm Sewer, and
Concrete Curb, and Gutter Local Improvement Construction By-law, 1980,
No. 1747" reconsidered, finally passed and adopted on the Fourteenth day
of April, ig8o, Pavement - 36' width, storm sewer, and concrete curb and
‘gutter all of a "Local Street" construction standard on a normal construction
schedule; have been constructed on Langan Avenue from the east boundary
of Brown Street to the west boundary of Broadway Street, in the City of

Port Coquitlam as a work of local improvement under the provisions of

Part XVI of the “Municipal Act", as amended;

AND WHEREAS the estimated lifetime of the work is twenty (20)

years;

AND WHEREAS the Treasurer has certified the total cost of the vork
to be One Hundred Eight Thousand Five Hundred Sixty-one Dollars and
Fifty-three Cents ($108,561.53) of which Twenty-five Thousand Two Hundred
Five Dollars and Fifty-five Cents ($25,205.55) is the owners! portion of
the cost, and Eighty-five Thousand Eight Hundred Porty~four Dollars and
Forty-five Cents ($85,844.45) is the City's portuon of the cost, calculated
at the rate of $15.00 per foot of taxable foot frontage as provided in
the "Local Improvement Charge By-law, 1969, No. 912", as amended;

AND WHEREAS the City's portion of the cost of the work will be borrowed

‘pursuant to borrowing authority granted by the Inspector of Municipalities;

AND WHEREAS the owners’ portion ‘of the -cost has been paid from the Local.
Improvement Fund;

AND WHEREAS the actual foot~frontage of the parcels of land benefitting
from or abutting the work is 1,787.35 feet and the taxable foot-frontage of
the parcels of Land benefitting from or abutting the work is 1,680.37 feet;

AND WHEREAS it is necessary to impose a frontage-tax upon the parcels
benefitting from or abutting the work in order to.recover to the Local
Improvement Fund the owners’ portion of the cost, plus interest;

FIRST THREE READINGS