‘No. 1798 - ‘Local ¥mp. B/L ‘-lst Three -Rdgs, - (Langan Ave.) No. 1799 — “Temp. Loan B/L - list Three Rdgs. January 12th, 1981. The City Clerk advised receipt of a report from the Public Works Committee, January 8th, 1981 regarding servicing requirements for the proposed subdivision of 759/767 Prairie Avenue covered by By-law No. 1797. The City Clerk advised receipt of a memorandum from the City Treasurer, December 8th, 1980 advising the Langan Avenue Local Improvement cost in the anount of $108, 561.53 and he reported that By~Law No. 1798 was ready for first three readings. Moved by Alderman Traboulay: Seconded by Alderman Mabbett: That the City Treasurer's December 8th, 1980 memorandum advising the Langan Avenue Local Improvement cost in the amount of $108,561.53, be accepted. Carried. Alderman Traboulay introduced a By-law to assess, levy and collect the cost of the work of local improvement authorized by By-law No. 1747 of The Corporation of the City of Port Coquitlam. Moved by Alderman Traboulay: Seconded by Alderman Wright: That By-law No. 1798 be read a first time. Moved by Alderman Wright: Seconded by Alderman Gates: That By~law No. 1798 be read a second time. Carried. Moved by Alderman Gates: Seconded by Alderman Mabbett: That By-law No. 1798 be read a third time. Carried. Alderman Keryiuk introduced a By-law to provide for the borrowing of money that may be necessary to meet current lawful expenditures of The Corporation of the City of Port Coquitlam for the year 1981. Moved by Alderman Keryluk: seconded by Alderman Wright: That By-law No. 1799 be read a first time. Carried.