/2. May 2nd, 1977 adjacent to the development site, and the City Engineer advised that the securities deposited by the developer would not be released until all the work, clean-up, repaixs, etc. have tren completed to the satisfaction of the City. The Public Hearing concluded at 7:40 p.m., and the regular Council meeting then commenced. CONFIRMATION OF MINUTES: Minutes - Moved by Alderman Ranger: ‘Apr.18/77 Seconded by Alderman Laking: That the minutes of the regular meeting of this Council held on April 18th, 1977, be taken as read and adopted. Carried. BY-LAWS: From the City Administrator, April 27th, 1977, advising that the "Tax Sale Lands Reserve Fund Expenditure By-law, 1977, No. 1518", authorizing an expenditure of Tax Sale Land Reserve Funds in the amount of $282,320.00 for the purchase of certain properties in 1976, has been approved by the Department of Municipal Affairs and is now available for further consideration. Tax Sale Moved by Alderman Keryluk: Lands Res. Fund Exp .B/law Seconded by Alderman Mabbett: #1518-fin. pass. & adoption That By-law No. 1518 be reconsidered, finally passed and adopted. Carried. From the City Administrator, April 27th, 1977, advising that By- laws Nos. 1523 and 1525, to rezone two parcels of land on Kingsway Avenue West of the Coquitlam River from M-1 (General Industrial) to RS-2 (One-Family Suburban Residential), have been approved by the Department of Highways and are now available for further consideration. ' Zon. Amend. B/ Moved by Alderman Laking: law #1523-fin. pass.é& adopt. Seconded by Alderman Traboulay: That By-law No. 1523 be reconsidered, finally passed and adopted. Carried. Alderman Keryluk voted against the resolution. Zon.Amend.B/ Moved by Alderman Laking: law #1525-fin. pass.& adopt. Seconded by Alderman Traboulay: That By-law No. 1525 be reconsidered, finally passed and adopted. . Carried. Alderman Keryluk voted against the resolution. Prior to passage of the above-stated resolutions, Alderman Ranger advised that while he intended to vote for the by-laws as he was in favour of eliminating the M-1 (General Industrial) zone, he would prefer that the property involved be zoned M-3 (Special Industrial), and with this view Acting~Mayor Alderman Thompson stated he agreed; however,