Citation

1   Bylaw No. 2080-2011 may be cited as "Ledunne Avenue Local Area Sanitary Sewer Service Establishment Bylaw, 2011".

Establishment of local area service

2   The Ledunne Avenue local area service for sewer main extension installation is established for those properties lying within the boundaries of the local area service, as shown hatched on Drawing No. S-573, attached as Schedule "A".

Recovery of costs

3   The costs of the local area service shall be recovered according to the cost recovery methods set out in the petition for the local area service, as follows:

(a) 75% of the local area service costs shall be recovered by a local area service tax; and

(b) local area service costs, of up to $113,000.00 for the service area and an equivalent Development Cost Charge contribution (City and Joint Sewer only) of $4,948.00 per property, shall be recovered by a local area service tax imposed, according to Section 4 of this Bylaw, on the owners of those properties identified in Schedule "B" of this Bylaw lying within the boundaries of the local area service area shown in Schedule "A".

Local service tax

4   (a) An annual parcel tax of $58.66 per metre of taxable frontage, including annual interest at 5.71%, is imposed for a period of 20 years on the owners of real property lying within the boundaries of the local area service according to the taxable area established in Schedule "B" for each parcel of real property. The outstanding balance, including accrued interest, can be paid out at any time during the 20 year period.

(b) The metre of taxable frontage of each parcel of real property shall be determined on the basis of actual frontage, except that:

(i) the minimum length of actual frontage shall be deemed to be 18.0 metres; and

(ii) the maximum length of actual frontage shall be deemed to be 61.0 metres.