Public Notice – Debenture Bylaws

Public Notice to the Electors of the Town of Peace River

Sections 231, 251 and 258 of the Municipal Government Act

The Town of Peace River proposes to pass the following Bylaws to provide for debenture borrowing in the amount of $5,066,750 to finance the development and construction of capital projects listed below.  The public may inspect the proposed Bylaws at the Town Office during regular office hours.

Bylaw Number Capital Project Borrowing Amount
2022 Lift Station #4 upgrades $355,700
2023 Shaftesbury Sewer Main – Pt 1 $519,200
2024 Shaftesbury Sewer Main – Pt 2 $501,600
2025 Reservoir 365 Replacement $2,050,000
2026 WTP Boiler Replacement $250,000
2027 Weberville Drying Beds $544,000
2028 Wastewater Treatment Plant Sludge Press $525,000
2029 Wastewater Treatment Plant Tank Cleaning $321,250

The electors may submit a separate petition with respect to each advertised Bylaw calling for a vote of the electors to determine whether the proposed Bylaw should be passed. The petition must meet the formal requirements of Sections 221-226 of the Municipal Government Act and be filed with the CAO within 15 days after the last date the proposed bylaws are advertised. The last date of the advertisement for these Bylaws is May 23, 2018. Any petition will be public information. If you have any questions regarding the petition process or the use for the petition, please contact the Finance Manger at 780-624-2574.

Dated at the Town of Peace River, in the Province of Alberta, this 7th day of May, 2018.

Christopher Parker

Chief Administrative Officer