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HomeMy WebLinkAbout2027-22 Local Improvement - North HeadgatesCOUNTY OF NEWELL PROVINCE OF ALBERTA BYLAW 2027-22 A BYLAW OF THE COUNTY OF NEWELL, IN THE PROVINCE OF ALBERTA, TO AUTHORIZE THE COUNCIL OF THE COUNTY OF NEWELL TO IMPOSE A LOCAL IMPROVEMENT TAX IN RESPECT OF ALL LANDS THAT DIRECTLY BENFIT FROM THE "NORTH HEADGATES" LOCAL IMPROVEMENT PROJECT. WHEREAS, the Council of the County of Newell has decided to issue a bylaw pursuant to Section 397 of the Municipal GovernmentAct to authorize a local improvement tax levy to pay for the "North Headgates" local improvement project WHEREAS a local improvement plan has been prepared and the required notice of intention to undertake and complete the "North Headgates" project has been given to the benefiting owners in accordance with the attached Schedule "A". WHEREAS Council has decided to set a uniform tax rate per parcel based on the total number of parcels within the development. The total number of parcels is one. Whereas plans and specifications have been prepared. The total cost of the project is $2,000,000 with the following contributions to be received or applied to the project: 1) Benefiting Owners (Revenue raised by local improvement tax) TOTAL: The local improvement amount levied annually $126,491.40. $2,000,000 $2,000,000 tax will be collected for TWENTY-FIVE (25) years. The total against the benefiting parcels benefitting from the project is All the required approvals for the project have been obtained and the project is in compliance with all Acts and Regulations of the Province of Alberta. NOW, THEREFORE, the Council of the County of Newell duly assembled, enacts as follows: That for the purpose of completing the "North Headgates" local improvement project the sum of $124,235.06 be collected by way of an annual, uniform local improvement tax rate assessed against the benefiting owners of the project as provided in Schedule "A". 2. The net amount levied under the bylaw shall be applied only to the local irnprovement project specified by this bylaw. 3. This bylaw comes into force the date of final reading. March 24, 2022 MOVED BY COUNCILLOR KELLY CHRISTMAN that Bylaw 2027-22 receive FIRST reading. MOTION CARRIED April 21, 2022 MOVED BY COUNCILLOR LYNETTE KOPP that Bylaw 2027-22 receive SECOND reading. MOTION CARRIED April 21, 2022 MOVED BY COUNCILLOR HOLLY JOHNSON that Bylaw 2027-22 receive THIRD and FINAL reading. MOTION CARRIED � Ree — Arno Doerksen Chief Admini trative fficer — Matt Fenske North Headgates Bylaw 2027-22 Schedule "A" Prepayment Final Cost Over Roll #QtrSecTwpRgeMerPlanBlockLotAmountAnnual Levy25 Years 0000438000SW5181442,000,000.00$ 124,235.06$ 3,105,876.50$