THE CORPORATION OF THE CITY OF PORT COQUITLAM ~2- ITEM III ~- Continued Last year a similar request was made for approval of cost Sharing as follows: Port Coquitlam Share - Street Lighting $ 96,794.00 ‘= Intersection - Lighting 9,533.50 - Traffic Signals 1,000.00 $107,327.50 The request was approved at the Council Meeting of September 22nd, 1975, and the approval noted that increased costs would result if traffic signals were to be installed at Coast Meridian Road and Oxford Street and if street lighting were to be installed north of the Shaughnessy intersection to Fraser Avenue, The Department of Hi for an estimated fe tion in the The Committee recommends that approval in principle be given but stating that specific approval cannot be given until the “exactamount and date of invoicing are known. The Committee also suggests that the Finance Committee might wish to explore methods by which funds for this project could be set aside to be used when required,