/8. December 20th, 1976 'Zon.Amend.B/ Moved by Alderman Laking: : law #1488-3rd : reading Seconded by Alderman Mabbett: That By-law No. 1488 be read third time. Carried. ‘Taylor St.P1. Moved by Alderman Thompson: i 2099 Hwy.Exch. 'B/law #1489- Seconded by Alderman Laking: | fin. pass.& ‘ adoption That By-law No. 1489 be reconsidered, finally passed and adopted. ; Carried. | Warwick Ave.& Moved by Aiderman Thompson: ‘Lane Pls.2106 & 2137 ' Hwy. Exch .B/ Seconded ty Alderman Laking: : law #1490-fin.pass. & adoption That By~law No. 1490 be reconsidered, finally passed and adopted. Carried. ' Taylor St.Pl. Moved by Alderman Thompson: | 2106 Hwy. Exch. B/ ‘daw #1491-fin. Seconded by Alderman Laking: That By-law No. 1491 be reconsidered, finally passed and adopted. Carried. City Clerk re Bus. Lic. Amend. B/ Law # i 1495 an Amendment to the Business License By-law had been prepared concerning The City Clerk advised that in accordance with Council's instructions, taxbuyers, and that the license fee of $280.00 set forth therein is the same as that charged under the City's current By-law for a finance company. Alderman Laking stated he felt the fee should be amended to the maximum allowable under the Municipal Act, and he proposed the following motion: Moved by Alderman Laking: Seconded by Alderman Traboulay: That the license fee of $280.00 for taxbuyers as set forth in By- law No. 1495, proposed to amend the "City of Port Coquitlam Business License By-law, 1973, No. 1237", be deleted and a fee if $1,000.00 inserted in its place. Withdrawn. Prior to the foregoing motion being withdrawn, a discussion ensued, and Alderman Ranger stated he felt a taxbuyer provides a service that some people require. The City Clerk advised that under the Municipal Act, the maximum fee allowable is $1,000.00 for a six months' period, so since the license would be issued on an annual basis, the maximum fee that could be imposed is $2,000.00. Alderman Thompson stated he felt that in order not to be discriminatory, the maximum fee should be that charged under the City's current Business License By-law, and Aldermen Laking and Traboulay, the Mover and Seconder, respectively, of the motion proposed above, agreed that the same be withdrawn. Alderman Keryluk reiterated his stand that as the collection of income tax is in- volved, the regulation of taxbuyers should rightly be the responsibility