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BYLAW NO. 2650

we WHEREAS pursuant to Section 985 of the "Municipal Act", being Chapter 290,
RoSoB.C., 1979, the Council established Statutory Reserve Funds;

AND WHEREAS it is deemed desiral.ie to expend a portion of the monies set
aside in the Reserve Funda;

NOW THEREFORE, the Municipal Council of The Corporation of the City of
Port Coquitlam in open meeting assembled, enacts as follows:

1. The sums hereinafter specified are hereby appropriated from the respective
Reserve Funds to be expended from the following purposes for the year 1991:

Public Works Special Capital $ 128,985.43
Road Development Cest Charges 733,279.33
Drainage Development Cost Charges 41,442.19
Water Area No. 1 Development Cost Charges 1,041.20
Water Area No. 2 Development Cost Charges 1,041.20
Water Area No. Development Cost Charges 8,741.19
Water Area No. 4 Development Cost Charges 1,041.19
Water Area No. 5 Development Cost Charges 204,401.04
Water Area No. 6 Development Cost Charges 8,020.79
Sewer Area No. 1 Development Cost Charges 2,082.39
Sewer Area No. 2 Development Cost Charges 2,082.39
Sewer Area No. 3 Development Cost Charges 2,082.38
Park Development Cost Charges 96,371.11
Park Development Cost Charges Interest 78 , 927.44
Tax Sale Reserve 112,915.53

WN AU & tion

2. 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 ali purposes as the “Statutory Reserve Funds
Expenditure Bylaw, 1992, No. 2650".