THE CORPORATION OF THE CITY OF PORT COQUITLAM

BY-LAW NO.’ 1882 Q \ C
A By~law to assess, levy and collect the cost of the tk 1Ge81 =

improvement authorized by By-law No. 1334 of The Corporation of the fEB 1 1982

FEB 8 1982

of Port Coquitlan.

WHEREAS pursuant to By-law No. 1834 of The Corporation of the city

of Port Coquitlam, being the "Westminster Avenue Pavement and Concrete

Curb and Gutter Local Improvement Construction By-law, 1981, No. 1834"
reconsidered, finally passed and adopted on the Fourth day of May, 1981,

a 36' width pavemenc and concrete curb and gutter of a "Local Street"
construction standard on a normal construction schedule; has been constructed
on the unfinished portions of Westminster Avenue extending from the east
boundary of Oxford Street to the west boundary of Coast Meridian Road,

in the City of Port Coquitlam as a work of local improvement under the
provisions of the "Municipal Act",

AND WHEREAS the estimated lifetime of the work is twenty (20)
years;

AND WHEREAS the Treasurer has certified the total cost of the work
to be One Hundred Seventy-seven Thousand Sixty-nine Dollars and Eighteen
Cents ($177,069.18) of which Nineteen Thousand Seven Hundred Seventy~two
Dollars and Forty~six Cents ($19,772.46) is the owners’ portion of the .
cost, and One Hundred Fifty-seven Thousand Two Hundred Ninety-six Dollars
and Seventy-two Cents ($157,296.72) is the City's portion of the cost,
calculated at the rate of $9.00 per foot of taxable fooc frontage as

provided in the "Local Improvement Charge By-law, 1969, No. 912", as

amended;

AND WHEREAS it igs proposed to borrow both the City's portion of the
cost of the work and che owners’ portion of the cost of the work up to the
amount of One Hundred Sixty Thousand Dollars ($160,000.00) pursuant to

borrowing authority granted by the Inspector of Municipalities;

AND WHEREAS the balance of the cost of the work over and above the said

One Hundred Sixty Thousand Dollars ($160,000.00) proposed to be borrowed
nde ET Niki
being the amount of Sevenreen Thousand Sixty-nine Dollars and Eighteen Cences ~~ °° 7
| FINAL BE DING

($17,069.18) has been caken from che 1981 General Budget of the City;