THE CORPORATION OF ‘THE CITY OF PORT COQUTTLAM GM t's i my Pi a Sa . +1 4 i if it er er a : on) ne " BY-LAW NO. 1729 ty . i d ! ( ] %. 4 bad! 4 By-law to assess, levy and collect the cost of the work of local: j- 7} 4 (250 “EB 18 1980 improvement authorized by By-law No. 1688 of The Corporation of the city of Port Coquitlam. WHEREAS pursuant to By-law No. 1688 of The Corporation of the City of Port Coquitlam, being the "Essex Avenue Paving, Extruded Concrete Curb, and Storn Sewer Local Improvement Construction By-law, 1979, No. 1688" reconsidered, finally passed and adopted on the Thirteenth day of August, 1979, Pavement - 28' width; Storm Sewer, and Extruded Concrete Curb; all of a "Local Street" construction standard on a normal construction schedule; on Essex Avenue from the east boundary of the lane east of Cedar Drive to the west boundary of Freemont Street in the city of Port Coquitlam ae a work of local improvement under the provisions of Part XVI of the "Municipal Act", as amended; AND WHEREAS the estimated lifetime of the work is twenty (20) years; AND WHEREAS the Treasurer has certified the total cost of the work to be Eighty-seven Thousand Two Hundred Three Dollars and Thirty-eight Cents ($87,203.38) of which Seventy~one Thousand Four Hundred Forty-five Dollars and Five Cents ($71,445.05) is the City's portion of the cost, and Fifteen Thousand Seven Hundred Fifty-eight Dollars and Thirty-three Cents ($15,758.33) is the owners’ portion of the cost, calculated at the rate of $13.75 per foot of taxable foot frontage as provided in the "Local Improvement Charge By~law, 1969, No. 912", as amended; AND WHEREAS it is proposed to borrow both the City's portion of the cost of the work and the owners! portion of the cost of the work Pursuant to borrowing authority granted by the Inspector of Municipalities; AND WHEREAS the actual foot frontage of the parcels of land benefitting from or abutting the work {s 1,554.06 feet and the taxable foot frontage of Pee aA aaa ead at see een ere meen my ae en tn the parcels of land benefitting from or abutting the work is 1,146.06 feet; AND WHEREAS it is necessary to impose a frontage-tax upon the parcels benefitting from or abutting the work in order to recover the owners' : \ portion of the cost, plus interest; . NE SiS BARA er ap ine Pt et eae THEREFORE Ste Mundespal Council of The Corperation of the City of Port Coquitlam, in open meeting assembled, enacts as followat a er FINAL READING