‘Bus. Lic.Amend.

January 26th, 1976

Moved by Alderman Thompson:

‘B/law #1418~1st

,3 readings

.C.B.C.rates

Seconded by Alderman Reuger:

That By~law No. 1418 be read a first time. Carried.

Alderman Traboulay referred to businesses being operated in the
City, such as mobile or in-home photographers, and he suggested that
increases in business licenses should include everyone who benefits from
doing business in the City; however, Acting-Mayor Alderman Laking advised
that the two photographers he knows of are paying business license fees
and the City Clerk commented that both are probably quite legal because
they were in existence before the home occupation section of the By~law

was repealed so they can continue as a non-conforming use.

Moved by Alderman Ranger:

Seconded by Alderman Traboulay:

That By-law No. 1418 be read a second time. Carried.

Moved by Alderman Mabbett:

Seconded by Alderman Traboulay:

That By~law No. 1418 be read a third time. Carried.
EEW BUSINESS:

Alderman Keryluk reterred to the increase in I.C.B.C. rates announced
recently, and commented he had heard on a newscast that Byron Straight,
who had been hired by the Provincial Government to come up with the new
insurance rates, feels they are unnecessarily high and has stated that
unless they are re-adjusted downwards, he is prepared to resign, and
that in view of a qualified opinion such as Mr. Straight's, he had
prepared the following resolution for consideration of Council this
evening:

Moved by Alderman Keryluk:

Seconded by Alderman Traboulay:

WHEREAS the latest announced rates for auto insurance premiums in

B.C. would appear to be unnecessarily high;

AND WHEREAS the rates announced would have to create an extreme
hardship on people at the lower end of the wage scale, minimum wage
seale, those on fixed income, as well as drivers under age 25;

AND WHEREAS Byron Straight, who is an authority on insurance premiums
had recommended the original. average rate of 120% increase has declared
that the newly announced rates are too high and that he will resign from

the Board of Directors if the races are not rolled back;

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