January 4th, 1976 the City which is considerably higher than elsewhere in the Regional District, and the inadequate amount of land which is subdivided and serviced and ready for immediate building use and he urged the Council to take another look at the possibility of the City becoming involved in the development of industrial land. Several large projects which eC will be of benefit to the City will be progressing early in 1976, i.e. g Viam Construction, Clar-For Holdings, and Record Chemicals, and will increase the tax base of the City upon their completion. With respect to general community development, the Major concern of the development of the Marathon project ~ now some 4-yearsa in the planning - is tied in with the decisions of the Greater Vancouver Regional District with respect to the Regional Town Centre location. This is a fourth level of government, noted Alderman Laking, and he expressed concern as to the continually increasing numbers of governments and suggested that it is always the government that is closest to the people (i.e. the Municipal government) that has to be the most demanding and indicated that there must be a complete change in the sharing of finances within the various government levels so that it is not always necessary to go back to the municipal taxpayer. In.cciclusion, Alderman Laking noted that this year many capital projects will be reduced in scope or eliminated in order that other more pressing projects may be carried out and he stated that every effort will be made to keep the tax increase as low as possible. Alderman Mabbett addressed the meeting and extended thanks for his Ald. Mabbett election to serve another two years on Council and he expressed a hope that it will be possible to bring bigger and better things to each individual as well as to the City. The great increase in Recreation Facilities and programming during the past year and in particular within the Hyde Creek Centre has been accomplished and the facility now offers programmes to nearly every age group in the community. Additional concerns noted by Alderman Mabbett were those respecting dyking and flood control, the development of the Marathon project, and completion of the highway improvements in the vicinity of the Coquitlam River wridge. The problem of rising policing costs was noted and Alderman ’ Mabbett suggested that Federal restraints on spending were simply transferring the cost burden to the City and hence the individual municipal taxpayer. Recreation costs continue to escalate and Alderman Mabbett suggested that the Council continue its policy of making user groups pick-up some