PUBLIC NOTICE: Town of Elk Point – Loan Bylaw

PUBLIC NOTICE TO ELECTORS OF THE TOWN OF ELK POINT BYLAW 876/23 – LOAN BYLAW

SECTION 264 (2) AND 265 OF THE MUNICIPAL GOVERNMENT ACT

Please be advised that this is a loan bylaw to allow Frog Lake First Nations to borrow $500,000 from the Town of Elk Point to purchase Lots 1, 2 and 3 of Block 46, Plan 1223731 in the Town’s Industrial Park.

TAKE NOTICE the Town of Elk Point Council, in the Province of Alberta, gave first reading on May 23rd, 2023 to Loan Bylaw 876/23 which will, upon final passage and approval, authorize the proper officers of the said Town to lend funds to Frog Lake First Nations in the amount of five hundred thousand dollars ($500,000) for the purchase of Lots 1, 2 and 3, Block 46, Plan 1223731.

NOW THEREFORE NOTICE is hereby given by the Council of the Town of Elk Point that, unless a petition for a vote on Bylaw 876/23 – Loan Bylaw is provided to the Town by the terms of the Municipal Government Act, the said Council may pass the bylaw.

The original proposed Bylaw 876/23 and Schedule “A” may be viewed at:
Town of Elk Point, 4914 50 Ave, Elk Point, Alberta, between the hours of 8:30 am and 4:30 pm (closed from Noon to 1:00 pm) Monday through Friday (holidays excluded).

DATED at the Town of Elk Point, in the Province of Alberta, this 25th day of May, 2023. Thank you,
Chief Administrative Officer: Ken Gwozdz

A Public Hearing will be held on Monday, June 26th, 2023 at 6:30 PM in the Council Chambers.
INFORMATION FOR ELECTORS

Pursuant to the Municipal Government Act an “elector” means:

A person who is eligible to vote in an election for a councillor under the Local Authorities Election Act. Pursuant to the Local Authorities Election Act a person is eligible to vote in an election if that person:

• a) is at least 18 years old,
• b) is a Canadian citizen, and
• c) resides in Alberta and the person’s place of residence is located in the municipality on election day.

A petition for a vote of the electors on the proposed bylaw must be signed by electors of the municipality equal in number to at least 10% of the population and be in accordance with sections 222 to 225 of the Municipal Government Act. A petition for a vote of the electors must be reviewed by the Chief Administrative Officer with 15 days after the date of the last publication of this notice.