THEREFORE, the Municipal Council of The Corperacion of the Clty of Port Coquitlam, in open meeting assembled, enacts as follows: ~ a That pavement -— 28° foot width, storm sewer, and extruded concrete curb; all of a "Local Street" construction standard on a normal construction schedule; on Hamilton Street from the north boundary of Patricia Avenue to the south boundary of Lincoln avenue, in the City of Port Coquitlam as a local improvement under the provisions of Part XVI of the "Municipal Act", as amended, 2. That the City Engineer of the City do forthwith make such plans. profiles, and specifications and furnish such information as may be necessary for the making of a contract for the exccution of the work. 3. "Phe work shall be carried on and executed under the superintendence ' and according to the direction and orders of the said City Engineer. 4. The Mayor and Clerk of the City are authorized to cause a contract for the construction of the work to be made and entered into with some person or persons, firm or corporation, subject to the approval of the Council to be declared by resolution. , 5. Upon the completion of the execution and financing of the work the Treasurer shall submit to the Council a certified statement setting out the cost of the work and the cost shall be as so certified. 6, -(a) The owners share or portion of the cast shall be $13.75 per foot of taxable foot-frontage of the parcels benefiting from or abutting on the work in accordance with the provisions of the "Local Improvement Charge By-law, 1969, No. 912" and shall be paid from the proceeds of the sale of debentures issued pursuant to the borrowing authority granted by the Inspector of Municipalities. (b) The annual charge for each foot of taxable foot~frontage to be specially charged against parcels benefiting from or abutting the work shall be $2.29 for ten years in accordance with the provisions of the “Local Improvement Charge By-law, 1769, No. 912" and shall be imposed in accordance with the provisions of Division (3) Part IX of the Municipal Act and shall be paid into the General Revenue Fund of the City and used for the purpose cf repaying the interest and principal due on the debentures issued pursuant to Clause (a) of this Section. 7. The Collector shall prepare a frontage-tax assessment roll in accordance with the provisions of the "Local Improvement Charge By-law, 1969, No. 912" and shall see to the completion of the procedures leading to certification of the - said roll by the Court of Revision. , 8. The City's share of the cost of the work shall be the balance of the cout of the work over and above the owners’ portion of the cost and abald be paid from the proceeds of -the debentures tasued pursuant to the borrowLnp authority