~2e

AND WHEREAS pagsage of this By~law would not cause the authorization
_ for borrowing hereinbefore recited to be exceeded;

THEREFORE, the Municipal Council of The Corporation of the City of
Port Coquitlam, in open meeting assembled, enacts as follows:-
1. That Pavement - 28' width; Storm Sewer, and Extruded Concrete Curb;
all of a “Local Street” construction standard on a normal construction
achedule; on Essex Avenue from the east boundary of the lane east of
Cedar Drive to the west boundary of Freemont Street 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 aud furnish such information as may be ~
necessary for the making of a contract for the execution of the work.
3. ° The 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 Counei1 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 cost shall be $13.75per foot
of taxable foot-frontage of the parcels benefitting from or abutting on
the work in accordance with the provisions of the "Local Tmprovement
Charge By-law, 1969, No. 912” and shall be paid from che proceeds of the
sale of debentures issued pursuant to the borrowing authority granted

by the Inspector of Municipalities. .

(b) Tha annual charge for each foot of taxable foot-frontage to be
specially charged against parcels benefitting from or abutting the work
shall be $2.29 for ten years in accordance vith the provisions of the
“Local Improvement Charge By-law, 1969, No. 912" and shall be imposed
in accurdance 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