THE CORPORATION OF THE CITY OF PORT COQUITLAM

BY-LAW NO. 1404 .

A By-law to assess, levy and collect the cost of the work of
local improvement authorized by By-law No. 1352 of The Corporation of
the City of Port Coquitlam.

WHEREAS pursuant to By-law Ne. 1352 of The Corporation of the
City of Port Coquitlam, being the "Handley Crescent Pavement, Extruded
Concrete Curb, and Storm Sewer Local Improvement Construction By~law,
1974, No. 1352" reconsidered, finally passed and adopted on the Twentieth
day of January, 1975, Pavement ~ 28" width, storm sewer, and extruded

concrete curb; all of a "Local Street" construction standard on a Normal

’ Construction Schedule; was constructed on Handley Crescent from the West

boundary of its Southerly intersection with Freemont Street to the West
boundary of its Northerly intersection with Freemont Street in the City
of Port Coquitlam as a work of local improvement under the provisions of

Part XVI of the "Municipal Act", as amended;

AND WHEREAS the estimated lifetime of the work is twenty (20)
years; 7 _ _ _
AND WHEREAS the Treasurer has certified the tote] cost of the -
work to be Sixty~nine Thousand Eighty~one Dollars and Seventy-seven
Cents ($69,081.77), of which Forty-two Thousand Three Hundred Twenty-one
Dollars and Twenty-seven Cents ($42,321.27) is the City's portion of the
cost, and Twenty~Six Thousand Seven Hundred Sixty Dollars and Fifty
Cents ($26,760.50) is the owners' portion of the cost, calculated at the
rate of $10.00 per taxable foot frontage as provided in the “Local.
Improvement Charge By-law, 1969, No. 912", as amended;

AND WHEREAS the City's portion of the cost of the work has
been paid from the general revenue of the City out of moneys appropriated
therefor in the annual budget;

AND WHEREAS the owners' portion of the cost has been paid from

the Local Improvement Fund;

AND WHEREAS the actual foot~£rontage of the parcels of land

benefiting from or abutting the work is 2,676.63 feet and the taxable

foot-frontage of the parcels of land benefiting from or abutting the

work is 2,676.05 feet;

AND WHEREAS it is necessary to impose a frontage-tax upon the
Parcels benefiting from or abutting the work in order to recover to the

Local Improvement Fund the owners' portion of the cost, plus interest;