MOTION: and it w That this Chamber ascertain from the re communities as to whether these funds aforesaid are being correctly used and reported. AND WHEREAS: ‘The Executive have examined the Pinancial Statements of the respective communities and that to the best of their knowledge these funds are not being correctly used and reported. AND WHEREAS: The Cities of Port SSS ERAS Moody and Port Coquitlam and the District of Coquitlam re : AND WHEREAS: Item (3) para : RAS graph (3) of Chapter 259 of the Municipalities Aid Act spe cifically reads as follows: of expenditures, required to be Prepared by the Municipality be Section 316 of the Municipal Act. AND WHEREAS: Section 315 of the Municipal Act reads as follows: (2) Upon receirt of any objection as provided for in subsection (1) the audi tor shall appoint a time and Place for dealing with the obje ction, and shall give notice thereof to such elector. (3) The auditor shall and if in his Opinion scope of section 311, the manner set out the consider the the objection he shall forth rein. matters before him, comes within the with proceed in (4) Nothing in this Part shall be an elector, or a group of electors, any right to take action for recover Muncipality. 1957, ¢.42, S.314; construed to prevent from exercising Y On behalf of the 1958, ¢.32, 5.141, . (1) The auditor shall report in writing to the Council : and to the Minister every defalcation or irregularity dealing with the assets, liablilities, accounts, funds and financial obligations of the municipality and of any other administrative body of the municipality, with the name of any person, or persons, deemed to be responsible, and shall likewi Se report any sum which ought. to have been but is not brought into account by any person or persons. On application by any person named, the suditor Shall state in writing his reasons for that part of his report concerning the named person. WHEREAS: At a regularly constituted Director's Meeting on Pebruary 14th, 1973, a Resolution was Passed regarding the ossible misuse of Per Capita Grants S by the Cities of Port Moody and Port Coquitlam and the pi i i spective have expressed ceive certain monies under the Municipalities Aid Act;