PUBLIC NOTICE TO ELECTORS OF THE
TOWN OF ATHABASCA, PROVINCE OF ALBERTA
SECTION 251 / 258 - THE MUNICIPAL GOVERNMENT ACT
TAKE NOTICE that the Council of the Town of Athabasca, in the Province of Alberta, has given first reading to borrowing Bylaw 004-2021 which will, upon final passage and approval, authorize the proper officers of the Town of Athabasca to borrow monies from the Alberta Capital Finance Authority by way of debenture issue, to pay for the cost of the following municipal purpose, namely upgrading the Athabasca River Raw Water Intake and Pump House.
The total cost of the aforesaid project amounts to $5,170,000.00. After deducting from this cost, the amount of $3,910,000.00 to be received by way of other municipality’s contributions and grants, the net amount to be borrowed on the credit and security of the municipality at large by the issue of debentures is $1,260,000.00. The debentures are to be repayable to the Alberta Capital Finance Authority in (60) equal consecutive semi-annual instalments of combined principal and interest, the annual interest not to exceed (10%), or the interest rate as fixed from time to time by the Alberta Capital Finance Authority.
NOW THEREFORE NOTICE is hereby given by the Council of the Town of Athabasca that, unless a petition of the owners for a vote on Bylaw 004-2021 is demanded, as provided for by the terms of Section 231 of the Municipal Government Act, the said Council may pass the said borrowing bylaw.
All persons interested are hereby notified and they are required to govern themselves accordingly.
DATED at the Town of Athabasca, in the Province of Alberta, this 4th day of May 2021.
TOWN OF ATHABASCA
Per: Rachel Ramey
Chief Administrative Officer
Pursuant to Section 1(i) of the Municipal Government Act an "elector" means:
- 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 6 consecutive months immediately preceding election day and is resident in the area on election day.
A poll may be demanded in the Town of Athabasca 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% of the population and
b) in the case of a summer village, by 10% of the electors of the summer village
in accordance with the provisions of section 223 of the Municipal Government Act and in accordance with the provisions of sections 251 & 258 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 accurate and identical statement of the purpose of the petition”. (Further requirements of the petition are provided in section 224 of the Municipal Government Act.)
DATE of the last publication of this notice is the 11th day of May 2021. Therefore, a petition must be received by 4:30 p.m., the 26th day of May 2021.