BY-LAW NO. 1539 A By-law for levying a rate or rates on all taxable lands and ioprovenents assessed on the revised assessment roll of The Corporation of the Cicy of Port Coquitlam for the year 1977 to provide for all sums which may be required for the lawful purposes of the said Corporation for the current year. "Municipal Act" being Chapter 255 of the Revised Statutes of British Columbia, 1960, and Asendmeats thereto, the Council of every municipality shall in every year, oa or before the I5th day of May, pass a By-law or By-laws for imposing a vate or rates on ail lands and improvements according to the assessed value thereof, subject to the Provisions of the said section, to provide for all such sums an ony be required for the Purposcs set out in the said Section _ 206; AND KKEREAS it is necessary to provide certain suns of money to provide for the lawful purposes and obligations of The Corporation of the City of Port Coquitlam for the year 1977; NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: 1. There are hereby imposed and levied and there shall be raised and collected from all taxable lands and improvements within The Corporation of the City of Port Coquitlam assessed on the revised assessment roll of the City for the year 1977 the following taxes or rates: (a) Upon the full assessed value of land and upon seventy-five percentua (75%) of the assessed value of inprovements (as authorized dy clause (2) of subsection (3) of Section 206 of the Municipal Act): (i) for all lawful general purposes of the City 55.402 Mills on the Dollar (44) to meec Payments of interest and principal of debts incurred by the City for which other provision has not been made 6.098 Mills on the Dollar thus totalling 61.500 Mills on the Dollar Upon the full assessed value of land and upon seventy-five percentum (75%) of the assessed value of improvements on the basis provided by section 26 of the Regional Hospital Districts Act (as provided in clause (b) of subsection (3) of Section 206 of the Municipal Act; in subsection (1) of section 16 of the Municipal Finance Authority of British Columbla Act; in By-law No. 145 of the Greater Vancouver Regional Districr; and in subsection 3 of section 16 of the Assesszent Authority of British Columbia Act): (1) to meet the requisition submitted by the Greater Vancouver Regional Hospital District ---~-~-- 1.430 Milis on the Dollar to meet the requisition submitted and rate imposed by the Municipal Finance Authoricy of Bricish Columbia -020 Mills on the Dollar to meet the requisition subnitted by the Greater Vancouver Regional District +921 Mills on the Dollar to meet the requisition subaitted and Yate imposed by the British Columbia Assessment Authority ------------__._ 1.271 Mills on the Doliar thus totalling 3.642 Mills on tke Dollar 2. The aforesaid rates and taxes shall be deemed to have been inposed and due to The Corporation of the City of Pore Coquitlaa on and frou the first day of January, 1977 and are now Payable to the Collector of the said Corporation at the City Hall,2272 McAllister Avenue, Port Coquitlam, Bricish Coluzbia. 32. The mininun amount of taxation under Section 1 in the year 1977 upon any parcel of real property upon the assessment roll of The Corporation of the City of Port Coquitlam shall be che amount set by statute. 4. (a) At the close of business on the Eighth day of july, 1977, the Collector of The Corporation of the City of Port Coquitlam shall add to the unpaid taxes of the current year, in respect of each parcel of land and the improvements thereon upon the real Property tax roll, five perceatun (5%) of the amount then remaining unpaid. t the close of business on the Ninth day of September, 1977, the Collector of The Corporation of the City of Port Coquitlam shall add ated ay bb bo