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THE CORPORATION OF THE CLTY OF PORT coatirend ‘
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“BY-LAW NO. 1730 FEB 95

A By-law to assess, levy and collect the cost of the work of local
improvement authorized by By-law No. 1689 of The Corporation of the Clty
of Port Coquitlam.

WHEREAS pursuant to By-law No. 1689 of The Corporation of the City
of Port. .Coquitiam, being the "Newberry Street Paving, Extruded Concrete
Curb, and Storm Sewer Local Improvement Construction By-law, 1979, No.
1689" reconsidered, finally passed and adopted on the Thirteenth day of
August, 1979, Pavement — 28! width; Storm Sewer, and Extruded Concrete
Curb; all of a "Local Street" construction standard on a normal constcuccion
schedute; on Newberry Street from the north boundary of Fraser Avenue to the
south boundary of Prairie Avenue in the City of Port Coquitlam as a work of
local improvement usder the provisions of Part XVI of the "Municipal
Act", as anended;

AND.WHEREAS the estimated lifetime of the work is twenty (20) years;

AND WHEREAS the Treasurer has certified the total cose of the work
to be Fifty-two Thousand Five Hundred Fifty-seven Dollars and Sixty-two Cents
($52,557.62) of which Thirty-four Thousand Fight Hundred Forty~four Dollars
and Twenty-eight Cents ($34,844.28) is the City's portion of the cost,
and Seventeen Thousand Seven Hundred Thirteen Dellars and Thirty-four
Cents ($17,713.34) is the owners! portion of the cost, calculated st the
rate of $13.75 per foot of taxable foor frontage as provided in the
“Local Improvement Charge By-law, 1969, No. 912", as amended;

AND WHEREAS it 4s proposed to borrow both the City's portion of the
cost of the work and the owners! portion of the cost of the work pursuant
to borrowing authority granted by the Inapecror of Municipalities;

AND WHEREAS the actual foot frontage of the parcels of land benefitting
from or abutting the work is 1,456.49 feet and the caxable foot frontage .
of the parcels of land benefitting from or abutting the work fs 1,288.24
feet;

AND WHEREAS it is necessary to impose a frontage-tax upon the
parcels bonefitcing from or abutting the work tn order to renover the
ownera’ portion of the cost, plus interest;

THEREFORE the Municipal Counetl of The Corporation of tha City of

fas hype ™
Port Coquitlam, in open meeeing assembled, enacts an follows: FIST vl MAE tSADING.