THE CORPORATION OF THE CITY OF PORT COQUITLAM
BYLAW NO. 1928 NOV 29 1982

A Bylaw to provide for determination of assessed
value of land and improvements within the
municipality for general purposes.

WHEREAS Section 26 (19) and 26 (20) of the Assessment Act provide:

"(19) The Council of a municipality shall, by bylaw adopted on or before November
10 in each calendar year, a copy of which shall be deposited with the
commissioner and the Inspector of Municipalities, provide that the assessed
values of land and improvements within the municipality for general municipal
purposes in the following calendar year, be determined in accordance with one of
the follewing options:

(a) assessment of land and improvement, as defined in this Act for general
municipal purposes, at the same percentage of actual values and with the same
limitations:on assessment increases as those fixed or provided for in subsections

(7) to (18);

(b) assessment of land and improvements, as defined in this Act for general
municipal purposes, at the same percentages of actual value as fixed under

subsection (8);

(c) assessment of land and improvements, as defined in this Act for general

municipal purposes, at the same average percentages of actual values as those
that are determined by the commissioner to have existed within the municipality

on April 1 of the calendar yesr preceding the calendar year for which the
assessment roll is being prepared, for each class of property defined in

subsection (9); or

(d) assessment of land and improvements, as defined in this Act for general
municipal purposes, at actuel value or at some uniform percentage of actuel value
specified in the bylaw for all classes of property.

(20) A bylaw adopted under subsection (19) remains in effect From year to year
until a new bylaw is adopted and, during that period subsection (19) does not

apply.

NOW THEREFORE the Municipal council of The Corporation of the City of Port
Coquitlam, in open meeting assembled, enacts as follows:

Pursuant to Section 26(19) of the Assessment Act the assessed value of land and
improvements for general municipal purposes in 1982 and subsequent years until a
mew bylaw comes into force and effect, shall be determined in accordance with the

option provided in Section 26 (19) (d) of the Assessment Act. .o.,

The "Port Coquitlam Assessment Bylaw, 1977, No. 1567" is repealed.

This bylaw may be cited for all purposes as the "Port Coquitlam Assessment Bylaw,
1982, No. 1928".
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