THE CORPORATION OF THE CITY OF PORT C

BY-LAW NO. 1215

A By-law to provide for the borrowing of the gum of $4,300,000.) - 6 1972:
over a period of five years for the carrying out of certain recreation.
projects.

WHEREAS the Council’ deems it desirable and in the public interest...
to adept a comprehensive loan authorization by~law ‘for the borrowing of -
$1,300,000. 00 for the purposes hereinafter specified during the period fron .
January Ist, 1973 to December 31st, 1977.

AND WHEREAS the Corporation of the City of Port Coquitlam, not
having a population of not less chan 25,000 persons has received the as proval
of the Inspector of Municipalities;

AND WHEREAS the total amount proposed to be borrowed under the

“by-law, namely, the sum of $1,300,000.00 has been approved by the Inspector

@f Municipalities;

NOW THEREFORE the Municipal Council of The Corporation of the City

of Port Coquitlam, in open meeting assembled, enacts as follows:

i. The following question shall be submitted for the assant of the

owner~electors of che municipality on the Ninth day of Decenber, 19723
"Do you assent to the Council having the power, during the five
year period commencing on the First day of January, 1973, and
ending on the Thirty-first day of December, 1977 to adopt
by-laws for the borrowing, from time to tine, of sums of money

Mot to exceed a total of $1,300,000.00 for rhe Carring out of

Sa ALAS AGE HAI SR ERE CAPONE ED SE taba ied COMA ice LTP ES

the following projects:

Community Centre _  $ 650,000.00

Curling, Skating and Social Facility $ 430,000.00

Enclosing Centennial Swimzing Pool and
providing ancillary facilities therefor $220,000.00

$1,300,000.002"

Sa te eae pee n ee

2. This By-law may be cited for all purposes as the "Recreation

Facilities Capical Expenditure Question Authorization By-law, 1972, No.

1215", Nore: Daatt Onw ~ Subject to
discussion + amend meant i€ theoght
desirable by Vacs lan Cusex

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