_”» December 3rd, _1973 "Prior to passage of the foregoing resolution, Alderman Ranger stated 7 he thought it should be. made char to the public that the Recreation Facili- eiée By-law passed last year ine]: adec oh Gnflationa ALy buffe ‘figure of | some 1.9 aillion dollars reflects the way inflation has vecponsed over une past en Alderman Ranger cotnented that while the Council is taking a chance in approving the tender, as no approval has been given to date on ‘the 1/3 million Provincial: Grant as applicable to the Ice Arena and Senior ‘Citizens’ “Complex, if no action is taken, there is a “possibility that the ice-rink and senior citizens’ facility may not be constructed due to inflationary costs and the shortage of steel.” AND THAT the minutes of the regular meeting of tais Council held on November 26th, 1973, | as amended, be taken as read and adopted. Carried. CORRESPONDENCE & PETITIONS: Coq. Chamber of From the Coquitlam Chanber of Commerce, November 25th, 1973, inviting © Comm.re Citizen & : Sportsman of | nominations for the Citizen of the Year and Sportsman of the Year, and re- the Year BY nominations : questing that the quest be publicized as extensively as possible. Moved by Alderman baking: "Seconded by! Alderman Mabbett: That ‘the letter from the Coquitlam Chamber of Commerce, November 25th, 1973, inviting nominations for the Citizen of the Year and Sportsman of the Year, be received and contents noted; AND THAT the quest be publicized as reques ted by the Chamber.Carried. "REPORTS: -Fin.Comm.-2 Stmts. From the Finance Committeg November 26th and 27th, 1973, bedng State- A/Cs payable ments of Accounts payable in the total amounts of $223, 148.87 and $73,305.77. Moved. by Alderman Ranger: Seconded by Alderman Laking: That ‘the reports ‘of the Finance Committee, dated November 26th and 27th, 1973, “recomending payment of Accoun ts ) totalling 9223, 148.87 and 973, 305. 7], respectively, be approved. Carried. ‘Ald.Laking re From Alderman Laking, Chairman, Recreation Committee, November 29th, Rocky Put. Boat Launching Ramp. 1973, advising that he had attended a meeting of the Rocky Point Boat Launch- ing Ramp Committee on November 28th, 1973, at which time a proposal was pre- ‘sented for improving the present facility in Port Moody operated jointly by Port Moody and Burnaby, ard that the Committee has asked Port Coquitlam to share one-half of the 11.9% usage by its residents, being > 5.954 of the total project cost of $60,000.00. Alderman Laking, in his report, suggested that. if the Council feeis the project is worthwhile, the City' s contribution