THE CORPORATION OF TUE CITY OF voRT COQULTEA

BY-LAW NO. 1730

A By-law to assess, levy and collect the cost of the work of local FEB
improvement authorized by By-law No. 1689 of The Corporation of the City
of Port Coquitlam.

WHEREAS pursuant to By-law No. 1689 of The Corporation of the City
of Port Coquitlam, being the "Newberry Street Paving, Extruded Concrete
Curb, and Storm Sewer Local Improvement Construction By~law, 1979, No.
1689" reconsidered, finally passed and adopted on the Thirteenth day of
August, 1979, Pavement - 28' width; Storm Sewer, and Extruded Conerete
Curb; all of a "Local Street” construction standard on a normal construction
schedule; on Newberry Street from the north boundary of Fraser Avenue to the
south boundary of Prairie Avenue in the City of Port Coquitlam as a work of
local improvement under the provisions of Part XVI of the "Municipal
Act", aa amended;

AND WHEREAS the estimated lifetime of the work is twenty (20) years;

AND WHEREAS the Treasurer hac certified the total cose of the work
to be Fifty-two Theusand Five Hundred Fifty-seven Dollars and Sixty-two Cents
($52,557.62) of which Thirty-four Thousand Eighe Hundred Forty-four Dollars
and Twenty-eight Cents ($34,844.28) is the City's portion of the cost,
and Seventeen Thousand Seven Hundred Thirteen Dollars and Thircy-four
Cents ($17,713.34) is the owners! portion of the cost, caleulated at the
rate of $13.75 per foot of taxable foot frontage as provided in the
"Local Improvement Charge By-law, 1969, No. 912", ag 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 actuul foor frontage of the parcels of Land beneficcing
from or abutting the work is 1,456.49 feet and the taxable foot frontage
of the parcels of land benefitting from or abutting the work is 1,288.24

foot;

AND WIEREAS ic is necessary to impone « frontagestax upon tha

parceln bonelleting from or abutting the work da order to resever the

owners’ portion of tha coat, plua dutaress;

THEREFORE tho Muntedpal Council of The Corporation of the Clty of
Pore = _ ~~ . te ke me oe ts

FINAL READING

it i oneal

Port Coquitlam, in open meatiny assembled, enacts as Collows: