; ’
THE CORPORATION OF THE °
CITY OF PORT COQUITLAM

MEMORANDUM NOV 18 1985

TO: B. Kirk November 14, 1985
City Administrator .

FROM: F.E. Peters, P. Eng.,
City Engineer

SUBJECT: Proposal for Industria! Development at 1725 Coast Meridian
Road ~ Works and Services Committee November 12, 1985

. Recommendation:

That the City do not enter into a cost sharing arrangement an
Coast Meridian Road at this time.

The development at 1725 Coast Meridian Road “equires the
extension of Sanitary Sewer, water main and the reconstruction of
Coast Meridian Road in order to Proceed with Subdivision and
development of the Property, The City Previously considered a
Proposal from the developers for the cast Sharing and repayment of
servicing ‘costs along Coast Meridian Road, and this Proposal was
rejected because of higher priorities for-City funds. The developers
have once again submitted a Proposal which Is Somewhat different then
the previous one and the Works and Services Committee Has again looked

The Committee feels that this Proposal Is less attractive then
the Previous one in Some respects. For one thing, the cos+ estimates
for the work are now higher meaning the City would have to come up
with higher funds. The Proposal also intends to leave Coast Meridian
aS a grave! road for two years after subdiviston. This would clearly
be a maintenance Problem tor the City with Industrial traffic using

the road. The Proposal suggests tha+ all the developments D.C.C's
Including road and drainage be applied towards the Servicing costs of
water and sewer. This ts clearly illegal under our enabling

legistation. The proposa! now requests repayment of the road costs
Within three years which fs better than the previous Proposal.
However, {+t still forces the City to commit road construction funds to
this particular project at a time when other Priorities exist.

The Committee therefore Is not Prepared to recommend any cost
Sharing arrangements at this time.

é
FE. Peters, P. Erfg.,
City EngtIneer
FEP/kIn

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