Dense ~2- 4. There is hereby set aside as security for the liability hereby authorized tu be incurred ONE MILLION DOLLARS ($1,000,000.00) being those parts of unpaid taxeg due to The Corporation levied prior to the current year and of the taxes of the current yaar deemed by the Council expedient to be so set asid 5. This By-law may be eited as “Temporary Loan By-law, 1973, No. 1229", Read a firse tine by the Municipal Council this Twenty~sixth day of February, 1973, Read a second tine by the Municipal Council this Twenty-sixth day of February, 1973, Read a third time by the Municipal Council this Twenty-sixth day of February, 1973. ; Reconsidered, finally passed and adopted by the Municipal Council of The Corporation of the City of Port Coquitlan this Fifth day of March, 1973. Mayor City Clerk