THE CORPORATION OF THE CITY OF PORT COQUITLAM MEMORANDUM Council July lith, 1996 Mayor L.M. Traboulay Kinsmen Property Tax Exemption Bylaw RESOLUTIONS ; l. That the "Kinsmen Community Building Leased Property Exemption from Taxation Bylaw, 1990, No. 2519" be now placed before the Council for further consideration. 2. That the "Kinsmen Community Building Leased Property Exemption fron. Taxation Bylaw, 1990, No. 2519" be reconsidered, finally passed and adopted. BACKGROUND AND COMMENTS: At the Council meeting of July 9th, 1990 the above noted bylaw failed to get 5 affirmative votes and so did not receive final reading, despite the 4 to 1 vote in favour. I would ask the Council to give this matter further consideration by passing the first resolution cited above and when this has been done I would expect that the second resolution will also receive the necessary 5 affirmative votes. A copy of the Bylaw follows. eee 2 { Mayor L.M. Traboulay (/