Title
West Inter Lake District (WILD) Regional Water Services Commission System Business Plan
Proposed Motion(s)
1) That Parkland County Council approves the West Inter Lake District (WILD) Regional Water Services Commission System Business Plan, Draft 5.2 - April 23, 2012.
2) That Parkland County Council approves the water rates and the method of calculation outlined in the West Inter Lake District (WILD) Regional Water Services Commission System Business Plan, Draft 5.2 - April 23, 2012.
3) That Parkland County Council approves the debt outlined in the West Inter Lake District (WILD) Regional Water Services Commission System Business Plan, Draft 5.2 - April 23, 2012 and agrees to the amount to be borrowed and the method of debenture payment.
Body
Administration Recommendation(s)
Administration has participated in the development and review of the West Inter Lake District (WILD) Regional Water Services Commission System Business and supports the proposed motions.
Purpose
The purpose of this submission is to have Parkland County provide acceptance and approval of the Business Plan prepared by the West Inter Lake District (WILD) Regional Water Services Commission and to obtain specific approval of the proposed water rates and financial debit as proposed within the Business Plan.
Summary
The West Inter Lake District (WILD) Regional Water Services Commission has prepared their Business Plan and is now requesting that member municipalities review and approve the plan in order to formally commence the financial arrangements.
The Business Plan provides detailed information on the scope of project, system descriptions, governance and management, project capital costs and funding, system operation as well as operating costs and revenues. The Commission has asked Council to approve the Business Plan as a whole as well as direct approval for the proposed water rates and financial debt.
The financial information can be found under Section 4, Project Capital Costs and Funding with particular attention drawn to subsection 4.2.5 Debenture and Table 4.3 WILD Regional Water System Debenture Borrowing Details and 4.4 - WILD Regional Water System Debt Limit Extension. The water rates can be found under Section 6, Operating Costs and Revenue with particular attention drawn to subsection 6.3 Rates and Charges and Table 6.3 WILD Regional Water System Rate Calculation for Water Services 2013 - 2017.
Strategic Plan/Policy/Legal/Staff Implications
Strategic Plan Implications:
Quality of Life - Parkland County is a diverse and inclusive community that will balance the needs of its residents and provide a choice of lifestyles in a harmonious and safe environment
Strategy 3 - Parkland County will enhance the services we provide our residents.
Governance - Parkland County will have mutual beneficial partnerships with other municipalities and orders of government based on respect for the aspirations, economy and right to self-determination of each.
Strategy 2 - Parkland County will actively seek out joint project opportunities that will benefit our communities.
Financial Impact:
As defined in the attached Business Plan - reference Table 6.6 WILD Regional Water System, Summary of Contributions and Charges by Member, Years 2012 - 2017.
Parkland County's share of the 2013 to 2017 operational costs to be added to Public Works budget.
Other