_ -Bebruaty 18th, 1974 - - Me - From the: Finance Comittee, ‘Februnry 1 13eh and, lath, 1974, being Statenents oa Fin. Comm, a of Aecounts payable in the total amounts of $70, 701. 35, and 184, 686. 61, respect A/Cs _ payable --. ively. ne " Moved by Alderman aking: Seconded by Alderman Mabbett: . That the ‘reports ‘of the Finance Committee, dated February 13th and 14th, 1974, Speen payment of. Accounts totalling. $70, 701.35— and 94, 686.61, respectively, be “approved, Carried. From the Planning and Zoning Committee, February llth, 1974, advising of ap- Plan.& Zon. Comm. ~ Strata ; Title Appling buildings that are presently under construction at 1052 and 1075 Ellis Drive, and 1052 & 10755 Ellis Driv plications received for permission to subdivide by strata title plan- two duplex stating that the. Chief Inspector reports the buildings are conforming in every respect. woe Moved by. Alderman Ranger : Seconded by Alderman Mabbett: ‘That. as recommended ain a report from the Planning and Zoning Committee, February ith, 1974, “the. applications to ‘Subdivide by strata title plan two duplex buildings presently under construction at 4052 and. 1075 Ellis ‘rive, be approved ‘Subject 't ‘to the city! s procedure for strata subdivision being followed. Carried. . _ Aldermen Traboulay and Thompson voted against. the resolution. “Prior te: passage ‘of the foregoing resolution, a discussion ensued and Alderman Keryluk advised that. according to’ the latest newspaper reports the cosv of homes - has gone ‘up about 32% over the past year and indicates ‘the inflationary spiral will “continue, which puts single family dwellings out of reach of young families and stated che. supported the recommendation of the Committee as he would like to see these young familias’ acquis vroperty while they can. Alderman ‘Traboulay again reiterated his: view made on several previous occasions ‘that an effort should be made to retain ‘sufficient rental accommodation in the City: however, Alderman Laking stated he felt strata title units offer na excellent oppertunity for Persons not earning sufficient. money to purchase a conventional dwelling, to acquire a home. From the Publi c Works. ‘Committee, February 15th, 1974, advising that as a_ F/Wks.Comn.§ - re X/wks.- result of corregpondence with the Principal of Leigh ‘Elementary School and with School District No. 43 (Coquitlam) , discussions have been held and recommendations made for: the purpose of improving pedestrian safety within the Leigh Elementary School area, Moved by Alderman Thompson : - Seconded by Alderman Keryluk: “That ‘ap recommended ina d repobt trois the Public Works Committee, February 15th,