Title
Bylaw No. 2014-23 Local Improvement Levy for surfacing in Green Acres Estates Country Residential Subdivision
Proposed Motions
1. That Bylaw No. 2014-23 receive first reading
2. That Bylaw No. 2014-23 receive second reading
3. That Bylaw No. 2014-23 be presented at this meeting for third reading
4. That Bylaw No. 2014-23 receive third and final reading.
Body
Administration Recommendations
Administration supports these motions.
Purpose
The purpose of Bylaw No.2014-23 is to impose a local improvement tax towards a local improvement for base course and asphaltic cold mix surfacing within Green Acres Estates Country Residential Subdivision.
Summary
Green Acres Estates Country Residential Subdivision was approved in the 2014 budget for asphaltic cold mix surfacing. As per Policy EN 001, the landowners of Green Acres Estates are required to pay 58.8% of the total cost of the project with the County paying 41.2% along with the proportionate share of the Local Improvement assessed on any Reserve Lot (s) within Green Acres Estates.
Strategic Plan/Policy/Legal/Staff Implications (As Required)
This bylaw is in accordance with County Policy EN 001 and Division 7 of the Municipal Government Act.
Financial Impact:
Total Cost of the Project: $534,000 Landowner Cost: $313,872 County Cost: $220,128
Source of Funding: 2014 Budget