Coronation town council
Council agreed at their last council meeting on Mon., June 27, to send a letter to the Shirley McClellan Regional Water Services Commission (SMRWSC) voicing their concern for the increase in costs being charged to the communities still a part of the SMRWSC as a result of the withdrawal of Lacombe County and Camrose County from the water commission.
The Town of Coronation’s phase one debenture payment will increase from $16,440 to $19,162 annually.
In addition, the town’s share of the total debenture debt for phase two and three will increase by $17,906 for a total debt share of $125,154.
With the recent decision for Lacombe County and Camrose County leaving the Water Commission, Kulyk stated in her report to council, the commission will be reallocating the debentures.
When the commission was first formed it was determined that calculations would be based off the volumes that each municipality listed in Bylaw 6-11.
Now with the two municipalities pulling out, those volumes have been removed from the total. This in turn increased the other municipality’s portions in the commission.
According to a commission letter sent to council, due to the fact that Camrose and Lacombe were part of the debenture, the commission feels that the municipalities that prepaid will now be required to make additional payments as the commission is still responsible for the interest portion of the debenture.
It was decided that these debentures would go together under one debenture. The total borrowing is $1,614,851.63.
The Camrose and Lacombe County remaining debenture debt of $231,041.94 will then be allocated amongst the other members.
Golf course water issues
Council has been working with the Coronation Golf Club to fix the water infiltration issues in the club house. According to the CAO report, a contractor has been brought in to assess the situation and to make recommendations for repairs.