(b) At the close of business on the Third day of September, 1976, the er a Collector of The Corporation of the City of Port Coquitlam shall | add to the unpaid taxes of the current year (exclusive of the five percentum addition authorized by subsection (a) of this section), in respect of each parcel of land and the improvements thereon upon the real property tax roll, a further five percentum (5%) of ee Bes, the amount then remaining unpaid. . o ue (c) The said unpaid taxes,-together with the amounts added under this . ee section, are deemed to be taxes of the current year due on such land and improvements thereon, and the amounts added under this : i BS , . section when collected shall form part of the general revenue of . The Corporation of the City of Port Coquitlam. 5. This By-law may be cited for all purposes as the "City of Port Coquitlam Rates By-law, 1976, No. 1441", Read a first time by the Municipal Council this Third day o£ May, 1976. Read a second time by the Municipal Council this Third day of hen . 7 | May, 1976. | Read a third time by the Municipal Council this Third day of May, 1976. Reconsidered, finally passed and adopted by the Municipal Council of The Corporation of the City of Port Coquitlam this Tenth day of May, 1976. City Clerk