October 27th,1975 advised that a 1/3 increase in premiums would be in the neighbourhood of some $3000.00 to $4000.00 and the number of small claims that would be subsequently covered would not, in his opinion, warrant an expenditure of this size. It was noted that if the City is provsi responsible in any claim, there is never any question of payment. Moved by Alderman Ranger: Seconded by Alderman Keryluk: That the City call for Tenders for the coverage of the insurance needs of the City of Port Coquitlam for the next policy year, and that it be recommended that these Tenders be called every four years. Carried. It was unanimously agreed that the Council state, for the record, that they feel there is no conflict of interest with respect to Alderman Thompson's association with the firm of Hugh & McKinnon Ltd, the City's present Insurance Brokerage Service. Ald. Thompson Alderman Thompson then re-entered the Council Chamber at 8:40 p.m. re-enters Chamber and resumed his seat at the Council Table. BY-LAWS: Traific Amend. Moved by Alderman Ranger: B/law #1401 - ; final passage Seconded by Alderman Laking: & adoption That By-law No. 1401 be reconsidered, finally passed and adopted. Carried. Moved by Alderman Mabbett: Seconded by Alderman Laking: Pound & Animal That By-law No. 1402 be reconsidered, finally passed and adopted. Reg.B/law #1402 c oO Carried. Moved by Alderman Keryluk: Seconded by Alderman Laking: Handley Cres. That By-law No. 1404 be reconsidered, finally passed and adopted. Pave. Ex.Con.Curb, & S/Sew. LI Asses. B/law #1404 - final pass.& adopt. Alderman Keryluk introduced a By-law to stop up and clase to Carried. traffic a portion of Road (York Street). Moved by Alderman Keryluk: Seconded by Alderman Laking: A York St. (Coq. That By-law No. 1405 be read a first time. Carried. f Suffolk) Road . . i Closure B/law Prior to passage of the above resolution, Alderman Keryluk requested 9 #1405 - Ist a : : : : 13 cdgs. clarification with respect to the payment of the costs involved in the