July 14th, 1975 /7.
Director of the Fraser Valley Regional Library explained the various uses

that would be made of a new library facility. Alderman Keryluk then

outlined the financial details of the lease agreement proposed by Horner

Developments for 8,437 square feet of floor area and stated that the

Annual Revised Lease Cost (based on Horner Developments’ letter of

July llth, 1975) would be $44,378.65 with an average annual cost of

lease per square foot of $5.26 with an additional $1.80 per sq. ft. for

estimated maintenance costs (includes, heating, lighting, air-conditioning,

janitorial, washroom supplies, water, garbage collection and taxes) for

a gross cost of $7.06 per square foot or $59,548.09 annually. Of this

amount $7,060.56 recovery would be made from maintenance costs (taxes,

water and parking) for a Net Cost Annually of $52,487.53 or $6.22 per
Square foot. This figure would be firm until 1980 at which time it
would be subject to revision. The City Clerk noted the contents of a
letter from the Friends of the Port Coquitlam Library Association, dated
July 10th, 1975 in which the Association urges Council to accept Plan
"C" as outlined in Mr. Horner's letter of June 26th, 1975 (the proposal
outlined above). Alderman Keryluk briefly reviewed the Report submitted
by Mrs. Edna M. Crane, West Central Area Librarian of the Fraser Valley
Regional Library which outlines the intended uses of the expanded facilities
to improve library services to the people of Fort Coquitlam.
Alderman Laking agreed that the City needs better library facilities Ald. Laking alt.
proposal for
however, he feit that another alternative for development as a library library
facility would be the old Port (or Surf) Theatre, now known as The
Dungeon, which is currently available. Alderman Laking, along with the
City Engineer and the Mayor viewed the building followed later by Alderman
Keryluk, Mr. Overend, and Mrs. Crane and he would recommend that when
the owner returns to the City further investigations be made into the
possible use as a library. The main point in favour, in Alderman
Laking's opinion, was that an adequate amount of library space could be
provided on ground level. The Mayor invited comments from Mr. Overend
and Mrs. Crane with regard to their opinions of this possible alternate
site and both were of the opinion that it would be unacceptable. Mrs.
Nacht, representing the Friends of the Library, was against the alternate
Proposal as it would cause voung people to frequent a high traffic area
and in addition, the long narrow design of the building would not permit

good control of circulation within the library. Alderman Laking advised