Title
Sanitary Sewer Local Area Service
19900 Block of 36A Avenue
Report 21-58
File ENG 5320-20-SWR21-01
Recommended Action
That Council consider the request of property owners and
authorize staff to prepare and distribute the official petition to the benefitting properties in the 19900 block of 36A Avenue, as shown in Attachment A, to determine the level of support to proceed with a Local Area Service for provision of municipal sanitary sewerage in accordance with applicable regulations, policies, and procedures;
That subject to determination of sufficiency of the petition process, staff be authorized to set the interest rate for the 36A Avenue
19900 block Sanitary Sewer Local Area Service project at 3.27%, which is equivalent to the Municipal Finance Authority of
British Columbia’s 20 year Capital Financing Rate plus 0.25%; and further
That Council authorize funding the project from Local Area Service Reserves, as identified in the Financial Implications section of this report and authorize staff to proceed with the preparation of necessary bylaws subject to completion of a successful petition process.