Sept. 13th, 1982. /4.

Recommended
Approved Revised Budget
Budget Budget Adjustment

Rowland street parking $ 4,000 - 4,600
Mabbett Room sprinklers 8,000 - 8,000
Fire department equipment 30,600 14,200 16,400

Recreation equipment 2,300 - 2,300
Aquatics staff 160,000 156,220 3,780
Administration staff 113,000 103,000 10,000
Labour relations 10,000 - 10,000

assistance
Conventions and 20,000 14,000 6,000

delegations
Committee room 12,000 4,000 8,000

improvements
10.Broadway reconstruction 700,000 460,000 -240,000

es amare

Total Adjustment $-308,480.
AND THAT these amounts be included in the 1983 budget.

Carried.

Moved by Alderman Vater:

Seconded by Alderman Mabbett:

That the City Administrator be directed not to undertake

any further hiring in 1982.

Carried.

From the City Treasurer, September 2nd, 1982 regarding the
‘City Treas.,
Sept .2/82 City's banking.
re City's
‘banking. Moved by Alderman Vater:

Seconded by Alderman Mabbett:

1. That the Mayor and Clerk be authorized to execute the banking

agreements with the Canadian Imperial Bank of Commerce:

(a) Agreement relating to Cash Management (on City letterhead);
(b) Agreement re operation of account (bank form 70-75).

2. That Council consider the following banking resolution:

That the Treasurer of The Corporation of the City of Port Coquitlam
(hereinafter called the "Corporation"), be and is hereby authorized for
and on behalf of the Corporation to negotiate with, deposit, or transfer
to THE CANADIAN IMPERIAL BANK OF COMMERCE (but for credit of the Corporations's
account only) all or any cheques and other orders for the payment of money,
and for the said purpose to endorse the name or any of them on behalf of

the Corporation either in writing or by rubber stamp;

That all cheques of the Corporation be drawn in the name of the Corporation