Title
2017 Special Tax for the Repair, Maintenance and Upgrading of the Water Supply and Distribution System in the Acheson Industrial Area (Bylaw 2017-09)
Proposed Motions
1. That Bylaw 2017-09 receive first reading.
2. That Bylaw 2017-09 receive second reading.
3. That Bylaw 2017-09 be presented at this meeting for third reading.
4. That Bylaw 2017-09 receive third and final reading.
Body
Administration Recommendation
Administration supports the proposed motion.
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 benefitting from the general water supply and for the 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 rates for 2017 will be $0.3641 for each $1,000 of assessed value to a maximum assessed value of $5,000,000.
Strategic Plan/Policy/Legal/Staff Implications (As Required)
Part 10 Division 5 of the MGA
Financial Impact:
Revenue: $350,000
Source of Funding: Special Tax Levy