THE CORPORATION OF THE CITY OF PORT coorfy ) UJ N C BYLAW NO. 2021 ; FEB 2 7 1984 A Bylaw to authorize the expenditure of monies APR 1984 in the Tax Sale Lands Reserve Fund. 3 WHEREAS there is an unappropriated batance of $1,281,214.30 as at December 3ist, 1983 in the Tax Sale Lands Reserve Fund consisting of monies received from the sale of tax sale properties including interest earned thereon and set aside in accordance with the provisions of Section 380 of the "Municipal Act"; which amount has been calculated as fol lows: Balance in Reserve Fund at September 16th, 1983 $ 1,002,675.00 Add: Additions to tund since September 16th, 1983 ° including interest earned to December 3ist, 1983 $ °278,539.350 balance in Reserve Fund at December 31st, 1983 « $ 1,281,214.30 AND WHEREAS no sinking funds have been or were required to be established; AND WHEREAS it is deemed desirable to expend from the amount so set aside the $164,270.92 to purchase real property: AND WHEREAS the approval of the Minister of Municipa!t Affairs has been obtained; NUW THEREFORE the Municipal Councii! of The Corporation of the City of Port Coquitlam, in open meeting assembied, enacts as follows: The sum of £164,270.92 is hereby appropriated from +he Tax Safe Lands Reserve Fund tor the following purchases of real property: ‘ (a) Lots 33 and 34 of District Lot 379, Group 1, Plan 2161, New westminster District. $ 40,068.17 (b) A portion containing 0.40 acres, more or less, of District Lot 379, Group 1 on Sketch Plan 1418, New westminster District. 70.66 That porticn containing 2.66 acres, more or less, of District Lot 379, Group 1 on Sketch Plan 2763, New Westminster District. 122,526.27 Those parts of Sections 3, 4 and 9 of Block 6, North Range | East, New westminster District, shown coloured red on Sketch Plan 14789F. 200.00 That part of Lot 231, Group One, New Westminster District, shown coloured red on: Sketch Plan 725. 200.00 Lot 7311, Group 1, New westminster District. 200.00 Legal fees: 1,005.82 $164,270.92