Public Notices

The council of the Village of Wawanesa has scheduled a public hearing at the Wawanesa New Horizons Centre, 202-4th Street, on the 8th day of May, 2008 at 7:30 p.m. to present the following local improvement plan.

(a) Description of the Proposed Local Improvement
The local improvement proposed herein involves the following projects:
Building a new fire hall at 319 Main Street
Demolition of the old garage building.

(b) Identification of Potential Taxpayers Under the Plan
The potential taxpayers under this plan include all rateable, grant-in-lieu and otherwise exempt properties in the Village of Wawanesa.

(c) Method of Calculating Local Improvement Tax
The local improvement taxes to be levied under this proposal are to be based on the portioned value of assessable property. Based on the 2008 Assessment a mill rate of 2.11 mills will be required. Calculated on a residential property with a market value of $100,000 (portioned value of $45,000) a $94.95 local improvement tax will be levied for 10 years.

(d) Estimated Cost of Local Improvement
New fire hall including removal of old garage $175,000
Subtotal 175,000
Less contribution from Accumulated Surplus 15,000
Total $160,000

(e) Particulars of Borrowing
Amount $160,000
Term 10 Years
Interest Rate 6.50% per annum
Annual Payment $22,256.75

A written objection may be filed with the Chief Administrative Officer, at 106-4th Street prior to the commencement of the hearing. At the hearing, Council will hear any potential taxpayer who wishes to make presentation, ask questions or register an objection to the local improvement plan.

All objections, written or verbal, must be filed prior to the adjournment of the hearing and must include the name, address and property description of the person filing the objection and the grounds of their objection.

Copies of the local improvement plan are available at the municipal office at 106 Fourth Street and on the municipal website at www.wawanesa.ca.

Dated at the Village of Wawanesa this 15th day of April, 2008 and issued pursuant to Section 318 of The Municipal Act.

Leonard Plett
Chief Administrative Officer
Village of Wawanesa
204-824-2244
______________________

2007 - PUBLIC NOTICE