Public notice to electors: amending Bylaw 10-17
Section 251 – Municipal Government Act
TAKE NOTICE that the council of Leduc County, in the province of Alberta, has given first reading to amending Bylaw 10-17 which will, upon final passage and approval, authorize the proper officers of Leduc County to amend borrowing Bylaw No. 14-13 as approved August 27, 2013 for undertaking and completion of the 9th Street Spine Road (from 41st Avenue South to Township Road 510).
The council of Leduc County deems it necessary to amend Bylaw 14-13 as follows:
Delete $38.5 million wherein it appears in Bylaw 14-13 and insert $18.6 million.
In accordance with the provisions of Section 191 of the Municipal Government Act, the power to pass a bylaw under this or any other enactment includes a power to amend or repeal a bylaw and; the amendment or repeal must be made in the same way as the original bylaw and is subject to the same consents or conditions or advertising requirements that apply to passing of the original bylaw, unless this or any other enactment provides otherwise.
The total cost of the aforesaid project amounts up to $18.6 million. That for the purpose of undertaking and completion of the 9th Street Spine Road from 41st Avenue South to Township Road 510 for the sum of up to $18.6 million be borrowed from the Alberta Capital Finance Authority (ACFA) or another authorized financial institution by way of a debenture on the credit and security of Leduc County, of which the full sum of up to $18.6 million is to be paid by land developers through off-site levies, provincial grants, federal grants and by Leduc County at large.
Leduc County shall repay the indebtedness according to the repayment structure in effect, namely semi-annual or annual equal payments of combined principal and interest installments not to exceed 20 years calculated at a rate not exceeding the interest rate fixed by the ACFA or another authorized financial institution on the date of the borrowing, and not to exceed eight per cent.
NOW THEREFORE NOTICE is hereby given by the council of Leduc County that, unless a petition of the electors for a vote on Bylaw 10-17 is demanded, as provided for by the terms of Section 231 of the Municipal Government Act, the said council may pass the said amending bylaw. All persons interested are hereby notified and they are required to govern themselves accordingly. Copies of the proposed bylaw and related documents may be obtained during regular office hours, Monday to Friday inclusive from:
Office of the County Manager
Suite 101, 1101 - 5 Street
DATED at Nisku, Alberta this 23 day of May, 2017.
DUANE COLEMAN, County Manager, Leduc County
INFORMATION FOR ELECTORS
Pursuant to Section 1(1) of the Municipal Government Act an “elector” means:
(i) a person who is eligible to vote in the election for a Councillor under the Local Authorities Election Act.
Pursuant to Section 47(1) of the Local Authorities Election Act a person is eligible to vote in an election if he:
(a) is at least 18 years old
(b) is a Canadian citizen, and
(c) has resided in Alberta for the six consecutive months immediately preceding election day and is resident in the area on election day
A poll may be demanded in Leduc County by electors equal in number to at least:
(a) in the case of a municipality other than a summer village, by electors of the municipality equal in number to at least 10 per cent of the population
In accordance with the provisions of Section 223 and Section 231 of the Municipal Government Act the petition for a vote must be received by the chief administrative officer within 15 days of the last publication of this notice and shall contain on each page “an identical statement of the purpose of the petition.” (Further requirements of the petition are provided in Section 224 of the Municipal Government Act)