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File #: PH-19-009    Version: Name:
Type: Public Hearing Status: Agenda Ready
File created: 10/3/2019 In control: City Council
On agenda: 12/2/2019 Final action: 12/2/2019
Title: Public Hearing - Utility Corporation Presented by: Kate Polkovsky, Director, Sustainability Initiatives Department
Attachments: 1. Comparison of Corporations, 2. MUC Justification Dec 2 2019, 3. Public Input Dec 2.pdf
TAMRMS#: B06


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Public Hearing - Utility Corporation
Presented by: Kate Polkovsky, Director, Sustainability Initiatives Department

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RECOMMENDATION(S)
recommendation

WHEREAS Council has received and considered a business plan prepared by the Grant Thornton financial consulting firm, dated October 28, 2019 (the "Business Plan") that addresses the matters set out in subsection 75.1(4) of the Municipal Government Act (the "Act") and in the Municipally Controlled Corporations Regulation (the "Regulation") for a proposed corporation to be controlled by the City of St. Albert;

AND WHEREAS the information required to be publicly disclosed in respect of the proposed controlled corporation has been disclosed in compliance with the Act and the Regulation;

AND WHEREAS a public hearing on the matter of the proposed controlled corporation has been advertised and held in compliance with the Act and the Regulation;

AND WHEREAS the Council is satisfied of the matters set out in clause 75.1(2)(b) of the Act;

NOW THEREFORE BE IT RESOLVED:

1. That the City of St. Albert is authorized to establish and control, or obtain control of, a corporation as described in the Business Plan;

2. That the Chief Administrative Officer is authorized to take or direct the taking of all administrative and legal steps to cause the City to establish and control, or obtain control of, the said corporation;

3. That the Chief Administrative Officer is instructed to make further recommendations to Council in respect of the Unanimous Shareholder Agreement ("USA") required under the Act for the corporation, not later than March 30, 2020;

4. That a budget of $60,000 be approved to support activities related to establishing and controlling the corporation until the end of 2020, funded from the Stabilization Reserve.


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PURPOSE OF REPORT

A major component of Administration’s 2018 work plan was the examination of a Municipal Utility Corporation and possible waste-to-energy technolog...

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