Title
Bylaw 17-2012 Local Improvement Levy for Surfacing in Paramac Point Country Residential Subdivision
Proposed Motion(s)
That Bylaw 17-2012 receive first reading.
That Bylaw 17-2012 receive second reading.
That Bylaw 17-2012 be presented at this meeting for third reading.
That Bylaw 17-2012 receive third and final reading.
Body
Administration Recommendation(s)
Administration supports these motions.
Purpose
The purpose of Bylaw 17-2012 is to impose a local improvement tax towards a local improvement for base course and asphaltic cold mix surfacing within Paramac Point Country Residential Subdivision.
Summary
Paramac Point Country Residential Subdivision was approved in the 2012 budget for asphaltic cold mix surfacing. As per Policy EN 001, the landowners of Paramac Point are required to pay 60% of the total cost of the project with the County paying 40% along with the proportionate share of the Local Improvement assessed on any Reserve Lot(s) within Paramac Point.
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: $187,000 Landowner Cost: $108,570 County cost: $78,430
Source of Funding: 2012 Capital Budget