-~-2.-
The debenture shall be endorsed as follows:
"This debenture, or any interest therein, shall not,
after a certificate of ownership has been endorsed
hereon by the Treasurer of this municipality be transferable,
except by the entry by the Treasurer or his deputy in the
_debenture registry book of the municipality at Port
“Coquitlam, British Columbia.’
During the currency of the debenture issued hereunder to
secure borrowings in respect of By-law No. 1251, cited as the "Recreational
Facilities Construction and Loan Authorization By-law, 1973, No. 1251"
there shall be levied and raised annually by a rate sufficient therefor
over and above all other rates upon all land and i: provements subject to
taxation for general municipal Purposes in the municipality in the same
manner and at the same time as other rates an amount sufficient to meet
the annual payment of interest and the repayment of principal.
6. . This By-law may be cited for all purposes as the "Recreational

Facilities Security Issuing By-law, 1976, No. 1454",

Read a first time by the Municipal Council this Twelfth day of |

July, 1976.

Read a second time by the Municipal Council this Twelfth day

of July, 1976.
Read a third time by the Municipal Council this Twelfth day of

July, 1976.

Received the approval of the Inspector of Municipalities this

Reconsidered, finally passed and adopted by the Municipal Council of

“The Corporation of the City ef Port Coquitlam this

City Clerk

I hereby certify the above to be a true copy of By-law No. 1454

as read a third time by the Municipal Council of The Corporation of the City

of Port Coquitlam on the Twelfth day of July, 1976,

Clerk of The Corporation ef the City
of Port Coquitian.