THe LDORPORATION OF THE TY OF PORT COQUITLAM Tot G.R. Sirs, DATE: Aoril 23, 1988 City Administrator FROM: Me Chong, P. cnge, FILE: 3809 T. City Engineer SUBJECT: Amendment to Water Development Cost Charge Bylaw (Public Works Committee Meeting March 26, 1988) Recommendation: ~ Tnat the attached water 9.0.0. Amenament Bylaw No. 2363 orepared by the City Clerk receive the first three readings. Background and Comments: Tne last ~'me that the Water 0.C.c0.'s were revised was in 1383. The time has arrived once again to iend these charges +5 reflect more closely the current construction costs for The various incomplete projects included in the Bylaw. The mechanism to ago this is for Council to adopt the attached Bylaw As Council members are aware, there are 6 specific areas in the City where Watar 9.C0.C.'s aoply. Schedule A of the atTacned Bylaw ingicatrea tne new Water 3.0.0. rates for each area. These new rates were established based on the calculations contained in the Supplementary Information to Updating Water D.C.C. Rates distributed separately to Counci! 3 with the exception of area 2, the Water 0.C.C. rates all areas Nave increased. The most significant increase is $13,120 per hectare in area 3. The reason for ge increase is aue To the exoected high cost of Th p $TaTion for The so9uTN part 2 0] at Mary Hill. — co Lok aan mee ae TJM. Chong, Pe anGe, City Engineer aTTacnmentT me: