THE CORPORATION OF THE CITY OF PORT C6 U
BYLAW NO. 1972

MAY . 2 1983

A Bylaw to provide for the Appropriating from the "Local Improvement
Fund" of the sum of $16,619.21 required to meet the owners’ portion
of the cost of the work authorized by Bylaw No. 1632.

The Municipal Council of The Corporation of the City of Fort Coquitlam, in open
meeting assembled, enacts as follows:

For the purpose of meeting the owners’ portion of the cost of the work authorized
by the “Hamilton Street (3600 Block) Pavement, Extruded Concrete Curb and Storm
Sewer Local Improvement Construction Bylaw, 1978, No- 1632" there shall be
appropriated from the “Local Improvement Fund" of the Corporation the total sum

of $16,619.21.

The said sum appropriated pursuant tao Section 1 hereof shall be transferred from
“the "Local Improvement Fund" on the date of the final adoption of this bylaw. and
from that date shall bear interest at the rate of. 10.5% per annum on the amount
outstanding and such interest shall be paid into the "Local Improvement Fund" ‘as
the same becomes due and payable.

The said. sum "appropriated pursuant to Section 1 hereof shall be repaid: into- the
‘ "Local Improvement Fund" in ten (10) annual installments payable on the first day
. Of July in each of the years 1980 to 1989 inclusive, and the respective amounts
..9f the principal and interest. payable in.each year during the currency of the .
appropriation and the total thereof is as follows: 7

Year . Principal Interest Do, Total
1989 $1,022.78 $1,745.02 © $2; 767.80

1981 “15130.17 -1,637:63.° —S—s«23 767.80

1982 15248.84 1,518.96 --2°767.80
1983 1,379.97 1,387.83 2,767.80
1984 1,524.87 13 242.93 2,767.80

1985 1,684.98 1,682.62 2,767.80
1986 1,861.70 906.10 2,767.80
1987. 2,057.38 710.42 2,767.80
1988 2,273.41 494.39 2,767.80

1989 2,435.11 332.69 2,767.80
TOTAL $16,619.21 $11,058.79 $27,679.00

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