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| THE CORPORATION: OF THE CITY OF PORT COQUI Aye . ay

| | SEP 5 1985

| BYLAW NO. 2127 SEP g 1995

: A Bylaw to authorize the expenditure of monias : | .

in tha "Development Cost Charge Reserva Funds",

| WHEREAS pursuant to Section 719(7) of the "Municipal Act, balng Chapter 290, ; He
ReSoBC., 1979, the Council established Developmant Cast Charge Reserve Funds; ™: pit

AND WHEREAS It Is.deamed desirable-to expend a portion af tho monies set aside In
the Development Cost Charge Reserve Funds;

' AND WHEREAS Councl! Is permitted under Section 679(1) of the Munlelpal Act ta 7 Bae
to | acquire property In the municlipallty for pleasure, recreation or community uses : os
of the public; | : _ (of
oo . 7 ; ; a 7 é
et NOW THEREFORE the Municipal Councl! of The Corporation of the City of Port, 7
| —  Coguitiam In open meeting assembled, enacts a3 follows: Bo ek
| ‘ - ve
t. The sum of $97,000 Is hereby appropriated frem the Public Open Soace Davelopmant '
Cost Charge Raserve Fund to be used for a capital payment, Including planning, ;
engineering and Segal costs, fer providing publle open space by acquiring Title a
to that cortaln parcal of land situate In Port Coquitlam, Oritish Columbla, whieh | | | oe
| is more particulariy described as: it ren
| | a4 oo oo
ae Lot A, Block 2=5, District Lot 379, Group One, ." | | a
i Plan 15873, New Westminster OQistrict \ ae
4 Von, a,
| equisition of which parcel of ftand Is hereby author! zad. : | en
L, 2. Should any of the above amounts remaln unexpanded after the expenditures heraby : on
‘i ° | author} zed has been made, any unexpended balances shal | be returned to the crad!t :
a . : ot tha specified Reserve Fund. | -
ih ve cs ‘ i
" | 3, This bylaw may be clted for all purposes as tha "Development Cost Charga Reserva a
eyed Fund Expenditure Authorization Bylaw, 1985, Now 2127", _ "
ns |
nt . an ;

FINAL READING

4 n Ae Sa AG