WHEREAS pursuant to Section 985 of the “Municipal Act", being Chapter 290, R.S.B.C., 1979,

the Council established Statutory Reserve Funds:

AND WHEREAS it is deemed desirable to expend a portion of the monies set aside in the

Reserve Funds;

NOW THEREFORE, the Municipal Council of The Corporation of the City of Port Coquitlam in

open meeting assembled, enacts as follows:

l. The sums hereinafter specified are hereby appropriated from the respective Reserve Funds
to be expended from the following purposes for the year 1993:

Public Works Special Capital
Road Development Cost Charges

Water Area #2 Development Cost Charges

Tax Sale Reserve

Fire Equipment Replacement

Public Works Equipment Replacement
Park Equipment Replacement

Park Development Cost Charge Interest
General Future Capital

Water Future Capital

Sewer Future Capital

Building Maintenance

Dyking and Drainage

$ 175,000.00
1,498,000.00
73,100.00
9,023,100.00
22,000.00
525,300.00
78,500.00
121,000.00
104,150.00
31,100.00
119,200.00
207,000.00
60,000.00

Should any of the above amounts remain unexpended after the expenditures hereby
authorized has been made, any unexpended balances shall be returned to the credit of the

specified Reserve Fund.

This Bylaw may be cited for all purposes as the “Statutory Reserve Funds Expenditure

Bylaw, 1993, No. 2792".

Read a first time by the Municipal Council this 10th day of May, 1993.

Read a second time by the Municipal Council this 10th day of May, 1993.

Read a third time by the Municipal Council this 10th day of May, 1993.

Reconsidered, finally passed and adopted by the Municipal Council of The Corporation of the

City of Port Coquitlam this th day of , 1993.

City Clerk
FIRST THREE READINGS