UO ENA aa
aw! tas a My |
NOV U1 1993

Whereas pursuant to Section 985 of the of the "Municipal Act”, being Chapter 290, RSBC, 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 Therefore, the Municipal Council of The Corporation of the City of Port Coquitlam in open
meeting assembled, enacts as follows:
This Bylaw may be cited for all purposes as the "Statutory Reserve Funds Expenditure
Bylaw, 1993, No. 2855".

The sum hereinafter specified is hereby appropriated from the Tax Sale Lands Reserve
Fund to be expended for the following purposes:

Construction, Architects, Construction Manager,
Furniture and other related cost associated with
the expansion of Hyde Creek Center. $5,420,000.00

The details of the fund allocation of this Bylaw have been more particularly specified by
resolution of Council.

Should any of the above amounts remain unexpended after the expenditures hereby authorized has
been made, any unexpended balances shall be returned to the credit of the specified Reserve Fund.
Read a first tume by the Municipal Council this Ist day of November, 1993.
Read a second time by the Municipal Council this lst day of November, 1993.
Read a third time by the Municipal Couacil this 1st day of November, 1993.
Reconsidered, finally passed and adopted by a vote in favour thereof of at least two-thirds of all the

members of the Municipal Council of the Corporation of The City of Port Coquitlam this day
of ,19~.

City Clerk
FIRST THREE READINGS

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