/12. May 12th, 1975

Ald.Mabbet t-pay— From the City Administrator, May 9th, 1975, advising Alderman
ment of taxes by

monthly Mabbett had requested the matter of installment collection of taxes be
installments
considered with a view to preparing a resolution to the U.B.C.M. convention
to try and introduce more appropriate legislation in this regard.

Alderman Mabbett spoke to his proposal, and pointed out that probably
the greatest percentage of taxpayers pay taxes on a monthly basis to
mortgage companies who hold the money until taxes are due in July;
thereby gaining interest, and as light, telephone, etc., are paid on a
monthly basis, he stated he felt the Council should have the option of
leaving the collection of taxes the way it is or going on a compulsory
monthly basis. Alderman Laking pointed out that collection of taxes on

the basis suggested by Alderman Mabbett would mean monthly billing;

also, the amount of tax increase is not known until about June. Alderman

Mabbett commented that the B.C. Hydro has a system for equalizing payments

over the year; however, Alderman Thompson pointed out that a person

could provide for payment of taxes by making monthly deposits into a

bank account established for that purpose, as opposed to making a separate
trip down to the City Hall to pay taxes, Alderman Keryluk stated he
thought it was worthwhile to make this option available to municipalities
and Alderman Traboulay pointed out that beyond trying to help the taxpayer
to regulate monthly billings, the City will derive interest now earned

by mortgage companies.

Moved by Alderman Mabbett:

Seconded by Alderman Keryluk:

That a resolution be forwarded to the Union of British Columbia

Municipalities asking for deletion of Subsections (6) and (7) of Section

381A of the Municipal Act. Carried.
Aldermen Ranger and Thompson voted against the resolution.

Ald. Keryluk-re From the City Clerk, May 8th, 1975, advising that Alderman Keryluk

free swim tickets

City's School student in Grades 1 to 12 in the Port Coquitlam school system be issued
System
a free ticket at the June school closing to the City's outdoor pools,

valid only during the current season.

Moved by Alderman Keryluk:

That each student in Grades 1 to 12 in the Port Coquitlam school

system be issued a free ticket at the June school closing to the City's

outdoor pools, valid only during the current season.
Lost for want of a Seconder.