THE CORPORATION OF THE CITY OF PORT COQUITLAM TO: FROM: COUNCIL MEMO NOV 25 1985 B.R. Kirk, : DATE: November 22, 1985 City Administrator. J.E. Fraser, Collector. i SUBJECT: 1985 Assessment Appeal Board Decisions. . , RECOMMENDATION : That City Council authorize adjustments to the 1985 tax levies for the Properties reported hereunder. BACKGROUND: A number of appeals from the decision of the 1985 Court of Revision of Assessments were made to the Assessment appeal Board. The Board has now conducted hearings and the B.C. Assessment Authority has forwarded the decisions of the Assessment Appeal Board and the assessment revisions required, with regard to the following properties. Subse~ quent adjustments to the 1985 tax levies result in a net decrease of $12,337.19 - of which $7,903.74 is non-residential school tax; refunds will be forwarded to the property owners. Roll No. Civic Address Assmt Value Revision Tax Adjust. 502036 1855-1925 Kingsway Ave. Bldgs/M&E reduced $9,343.58 (dec.) i 607042 3325 Coast Meridian Rd. Improvements reduced 1,527.61 (dec.) : 784020 530 Dominion Ave. Land Value reduced 236.28 (dec.) 784050-001 731 Lougheed Highway Land Value reduced 1,229.72 (dec.) JEF/ms 4 ct. Ik Paras Leg J.E.\Fraser. . i x AERC dag Ne oh ae ny