BYLAW NO. 2769

COUNCIL.

THE CORPORATION OF THECITY OF PORT. COQUITLAM =- MAR ~ 81983
MAR 15 1993

WHEREAS pursuant to Section 985 of the "Municipal Act", being Chapter 290, R.S.B.C., 1979,

the Council established Statutory Reserve Funds;

AND WHEREAS it is deemed desirable to expend a portion of the monies set aside in the

Reserve Funds;

NOW _HEREFORE, the Municipal Council of The Corporation of the City of Port Coquitlam in

open meeting assembled, enacts as follows:

1. The sums hereinafter specified are hereby appropriated from the respective Reserve Funds

to be expended from the following purposes for the year 1992:

Public Works Special Capital
Road Development Cost Charges
Drainage Development Cost Charges

$ 75,759.25
781,122.46
268,281.46

Riverwood Drainage Development Cost Charge Reserve 120,945.00
Water Area No. 1 Development Cost Charges 130,204.20
Water Area No. 2 Development Cost Charges 605.27
Water Area No. 3 Development Cost Charges 605.26
Water Area No. 4 Development Cost Charges 605.26
Water Area No. 5 Development Cost Charges 66,788.03
Water Area No. 6 Development Cost Charges 605.26
Sewer Area No. 1 Development Cost Charges 1,210.53
Sewer Area No. 2 Development Cost Charges 1,210.53
Sewer Area No. 3 Development Cost Charges 1,210.52
Park Development Cost Charges 204,267.30
Park Development Cost Charges Interest 6,545.35

Should any of the above armounts remain unexpended after the expenditures hereby
authorized has been made, any unexpended balances shall be returned to the credit of the
specified Reserve Fund.

This Bylaw may be cited for all purposes as the "Statutory Reserve Funds Expenditure
Bylaw, 1993, No. 2769".

_ Read a first time by the Municipal Council this 8th day of March, 1993.
Read a second time by the Municipal Council this 8th day of March, 1993.
Read a third time by the Municipal Council this 8th day of March, 1993.

Reconsidered, finally passed and adopted by the Municipal Council of The Corporation of the
City of Port Coquitlam this day of , 1993.

Mayor
Se ee

PAGE. FINAL READING

1 C City Clerk