COUNCIL

JUN 07 1993

THE CORPORATION OF THE CITY OF NORTH VANCOUVER

saz, . - ae
ES N 4) West f4uh Street @ Nort: Varceuser, BC. VIM 1HO @ Prone 985-7791

<

re

ADMINISTRATIVE SERVICES
Administrator Ciw Clerk Personnel Director
G. H. Brewer B. Hawkshaw R. Shore

May 20, 1993 File: 3365-02
Mayor Len Traboulay and Council

City of Port Coquitlam

2580 Shaughnessy Street

Port Coquitlam, B.C.

V3C 2A8

Dear Mayor Traboulay and Councillors:

Re: Cooperative Housing - Background Report

The City Council at its regular scheduled meeting of Monday, May 17,
unanimously adepted the following resolution:

"THAT the Minister responsible for housing, Honourable
Robin Blencoe, Minister of Municipal Affairs,
Recreation and Housing, be urged to allocate a portion
of the $18 Million revenue due to cancellation of the
Renter’s Tax Credit to a cooperative housing program
premised on income limits for occupant owners, to be
developed in consultation with municipalities and other
key players in the housing sector;

AND FURTHER THAT the Minister be requested to respond
with a full status report on the recommendations made
by the Commission on Housing Options;

AND THAT these resolutions be sent to the UBCM, GVHC
and municipalities in the Lower Mainland and Greater
Victoria areas for their endorsation."

——e

Yours very truly,

ee ne  Wackay OW AS Repor

Bruce A. Hawkshaw, ovarl ore ay *hne_

Cty Clerk Ow wre Xs oOsycs

BH: jb

cc: C. Kathler, Social Planner
A.K. Tollstam, Treasurer-Collectos PAGE

~]