PUBLIC NOTICE TO ELECTORS OF THE
TOWN OF BEAUMONT, PROVINCE OF ALBERTA
SECTION 258 - THE MUNICIPAL GOVERNMENT ACT
TAKE NOTICE that the Council of the Town of Beaumont, in the Province of Alberta, has given first reading to the 922-18 Aqua-Fit Phase 2 Borrowing Bylaw which will, upon final passage and approval, authorize the Town to incur indebtedness for the undertaking and construction of Aqua-Fit Phase 2;
The net amount to be borrowed by the municipality by way of the Aqua-Fit Phase 2 Borrowing Bylaw 922-18 will be $26,650,000 on the credit of the Town of Beaumont for a period not to exceed 20 years from the Alberta Capital Finance Authority or another authorized financial institution;
NOW THEREFORE NOTICE is hereby given by the Council of the Town of Beaumont that, unless a petition of the electors for a vote on Bylaw 922-18 is demanded, as provided for by the terms of Section 231 of the Municipal Government Act, the said Council may pass the said loan bylaw. The deadline for receipt of petitions is July 28, 2018. All persons interested are hereby notified and they are required to govern themselves accordingly.
DATED at the Town of Beaumont, in the Province of Alberta, this 26 day of June, 2018.
Mike Schwirtz
Chief Administrative Officer
Town of Beaumont