Title
Bylaw 2026-15 - Acheson Water Special Tax
Proposed Motions
1. That Bylaw 2026-15 receive first reading.
2. That Bylaw 2026-15 receive second reading.
3. That Bylaw 2026-15 be presented at this meeting for third reading.
4. That Bylaw 2026-15 receive third and final reading.
Body
Administration Recommendation
Administration supports the proposed motions.
Purpose
To authorize the annual special tax levy for the repair maintenance and upgrading of the water supply and distribution system in the Acheson Industrial Area.
Summary
The 1998 Acheson Industrial Area Long Range Water Plan recommended replacing the existing water line service charge with a special levy which would be applied against all lots capable of benefiting from general water supply and for water supply for fire protection purposes. The water line service charge was eliminated in the 1999 fiscal year and replaced with a special levy which can only be collected through a bylaw passed on an annual basis. The rate for 2026 will be $0.3240 for each $1,000 of assessed value to a maximum assessed value of $5,000,000.
Strategic Plan/Policy/Legal/Staff Implications
Municipal Government Act, Part 10 Division 5.
Financial Impact:
Revenue: $400,000
Source of Funding: Special Tax Levy