THE CORPONATION OF Tit: CITY oF rors caousT RY A BY-LAW HO. 2142 i " WHEREAS all proceeds received from the sale of tax-sale Proper e Seay, 17 have been set aside in a reserve fund pursuant to the provisions of Section 304 (1) of the “Yunicipal Act", being Chapter 255, R.S.B.C., 1960; AND WHEREAS there is on hand the sum of Sixty-seven Thousand, Seven Hundred and Winety~seven Dollars and Thirty Cents ($67,797.30, including interest carned to date; AND WHEREAS all Sinking Fund requirements of the City have been satisficd; AND WHFREAS it is deemed destrable and expedient to expend the sum of fen Thousand, Seventy-four Dollars and Thirteen Cents ($10,074.13) facluding incidental legal fees from the amount on hand for the purpose of purchasing three separate parcels of real property in the City; AND WHEREAS it is deemed desirable and expedient to expend tha sum of Thirteen Thousand’ Dollars ($13,000.00) from the amount on hand for the purpose of granting aid to the Port Coquitlam Senior Citizens Housing Society; NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: i. The sur of Five Thousand, Four Hundred and Eighteen Dollars and ‘Seventy-three Cents ($5,418.73) is hereby appropriated from the Tax~Sale Properties Reserve Fund of the City for the purpose of purchasing Lot "C", of the North West Quarter (N.W.‘), of Section Six (6), Township Forty (40), Plan 5098, EXCEPT Parcel Tventy-three (23), Plan 19248, New Westminster District from Stanley Richard Bender, Executive, and Beverley Ellen Bender, his Wife, both of 4127 Sardis Street, Burnaby, british Celumbia at or for the sus of Thirty-five Thousand, Four Hundred and Eighteen Doliars and Seventy-three Cents ($35,418.73) including incidental legal fees and such purchase is hereby authorized accordingly. 2s. The sum of Two Thousand, Five Hundred and Ninety-one Dollars and Sixty-five Cents ($2,591.65) including incidental legal ‘fees is hereby approp- riated from the Tax-Sale Properties Reserve Fund of the City for the purpose of purchasing Lot Seventeen (17), Block One (1), West One~half (3s), North Wese quarter (N.W.c), Section Six (6), Township Forty (40), Plan 2324 from John Edvs cd Massey, Retired, of the City of Winnipes, Province of Manitobs, and such purchase is hereby authorized accordingly. 1572