TAMRMS#: B06
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Borrowing Bylaw - North St. Albert Trail Corridor (2nd & 3rd Reading)
Presented by: Diane McMordie, Director, Finance & Assessment Department
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RECOMMENDATION(S)
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1. That Bylaw 9/2019, being a Borrowing Bylaw to finance the design and construction of the North St. Albert Trail Corridor Management Implementation, be read a second time.
2. That Bylaw 9/2019 be read a third and final time
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PURPOSE OF REPORT
To provide second and third reading of Bylaw 9/2019 to enable the City of St. Albert to obtain debenture borrowing to support the design and construction of the North St. Albert Trail Corridor project in alignment with sections 251 & 254 of the Municipal Government Act (MGA).
ALIGNMENT TO PRIORITIES IN COUNCIL’S STRATEGIC PLAN
Strategic Priority #3: Building a Transportation Network: Integrated transportation systems.
3.2 Develop the Intelligent Transportation System (ITS) strategy and recommend phased implementation, inclusive of St. Albert Trail, according to our ability to implement quickly.
3.3 Evaluate the arterials networks in St. Albert and recommend improvements.
ALIGNMENT TO LEVELS OF SERVICE DELIVERY
N/A
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
On January 21, 2019 Council passed the following motion:
(BL-18-078)
That Bylaw 9/2019, being a Borrowing Bylaw to finance the design and construction of the North St. Albert Trail Corridor Management Implementation, be read a first time.
BACKGROUND AND DISCUSSION
The North St. Albert Trail Corridor is an important piece of capital infrastructure to urbanize the cross section of a key arterial roadway and improve efficiency and safety for all modes of travel.
The March 9, 2019 advertisement in the St. Albert Gazette started the official 15-day petition period as defined in the MGA, however the original notification to the public on January 26, 2019 as prescribed by Council Policy C-CAO-22 Borrowing Bylaw Advertisi...
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