THE CORPORATION OF THE CITY OF PORT COQUITLAM BYLAW NO. 2360 A Bylaw for the levying of rates for Municipal, Hospital, and Regional District purposes for the year 1988. The Municipal Council of The Corporation of the City of iort Coquitlam, in open meeting assembled, enacts as follows: The following rates are hereby imposed and levied for the year 1988: (a) For all lawful general purposes of the municipality on the assessed value of land and improvements taxable for general municipal purposes, rates appearing in column “A” of the Schedule attached hereto and forming a part hereof. | ; 7: For debt purposes on the assessed value of land and improvements taxable for general municipal purposes, rates appearing in column "B" of the Schedule attached hereto and forming a part hereof. For hospital purposes on the assessed value of land - and “improvements taxable for regional hospital district purposes, rates appearing in column "C" of the Schedule attached hereto and forming a part hereof. For. purposes ‘of Greater Vancouver Regional District on the assessed value of. land and improvements taxable for regional hospital district purposes, rates appearing in column "D" of. the “Schedule _attached hereto and forming a part hereof. Oo oe i i i t a = Hi 0 od at sf Hy ‘ i ‘The ‘minimum amount - of taxation upon a parcel of real property shall be. the: amount provided. by statute. (a) At. the close of business on the 8th day of July, 1988 the Collector . of The Corporation of the City of Port Coquitlam: ‘shall. add: to the unpaid taxes of the current year, in respect of each parcel | of: “land: and the — improvements thereon upon the real. ‘property. tax. roll, five | percentum (5%) of the amount then remaining unpaid. a “At. the, close of business on. the . 2nd day of “September, 1988 the’: Collector of | ‘The Corporation of the: City. of Port Coquitlam: shall add to the unpaid taxes of the. current. year. (exclusive of. the five percentum addition authorized by. subsection (a) of this. section), in respect of: each parcel of land and the. improvements ‘thereon - upon the | ‘real property. tax roll, ; a further five percentum, (54): of the amount then remaining unpaid. . on The said unpaid taxes, ‘together - with the amounts ‘added under: ‘this. section, are deemed to be taxes of the current year due on such land | and improvements thereon, and ‘the amounts - added under this: -séction when collected shail form. part of the. general revenue (of ‘The — Corporation of the city of Port Coquitlam. ee oo ge this ‘Bylaw may be cited as ‘the "Tax Rates Bylaw, 1988, No. 2360". 18 FINAL READING