Title
2020 and 2021 TransAlta Linear Property Assessment Complaint
Proposed Motions
1. That Council authorize Parkland County to become an intervenor before the Municipal Government Board in relation to the TransAlta Linear Property Assessment Complaint numbers L20/WILS/TRAN-01, L20/WILS/TRAN-02, L21/WILS/TRAN-01 and L21/WILS/TRAN-02.
2. That Council approve funding of up to $200,000 from the Long Term Sustainability Restricted Surplus for expenditures associated with the intervenor status.
Body
Administration Recommendation
Administration supports the proposed motions.
Purpose
TransAlta has submitted a complaint to the Municipal Government Board relating to the assessment of Linear Property for the 2020 and 2021 taxation years. Parkland County will realize a significant reduction in tax revenue should this complaint succeed.
Summary
Section 508(1) of the Municipal Government Act provides that when Council considers that the interests of the public in the municipality, or in a major part of the municipality, are sufficiently concerned Council may authorize the municipality to become an intervenor in a hearing before the Board.
Strategic Plan/Policy/Legal/Staff Implications:
Core Value - Responsibility - Parkland County will conduct itself in an open and transparent manner, and provide quality service to residents and clients through efficient and effective practices while we undertake continuous improvement.
Financial Impact:
Cost: up to $200,000
Source of Funding: Long Term Sustainability Restricted Surplus