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Bylaw Reviews
Proposed Bylaw 411
Proposed Bylaw 411 would authorize the Town to borrow up to $2,500,000 over a term of not more than 30 years for the upgrade of the Sulphur Mountain Sanitary Sewer Line.

The procedure for filing a petition is available from the municipal clerk. Please email or call 403.762.1209 for more information.

Tentative Schedule
  • March 25, 2019 First Reading of Bylaw 411
  • March 28, 2019 Advertise Bylaw 411 (Week 1)
  • April 4, 2019 Advertise Bylaw 411 (Week 2)
  • April 5, 2019 Start of 15 day petition period
  • April 19, 2019 End of 15 day petition period
  • April 23, 2019 Second and Third reading of Bylaw 411
  • May 24, 2019 Bylaw 411 becomes valid (if no application has been made to Court of
  • Queen’s Bench to have the bylaw declared invalid within 30 days after the
  • bylaw has been passed or application is dismissed)
  • June 15, 2019 Borrow from ACFA

Bylaw 411
THIS BYLAW AUTHORIZES THE COUNCIL OF THE TOWN OF BANFF TO INCUR INDEBTEDNESS BY THE ISSUANCE OF DEBENTURE(S) IN THE AMOUNT OF $2,500,000 FOR THE PURPOSE OF UPGRADING THE SULPHUR MOUNTAIN SANITARY SEWER LINE.

WHEREAS:
The Council of the Town of Banff has decided to issue a bylaw pursuant to section 258 of the Municipal Government Act to authorize the financing to upgrade the Sulphur Mountain Sanitary Sewer Line.

Plans and specifications have been prepared and the total cost of the project is estimated to be $2,500,000. The Town of Banff estimates the following grants and contributions will be applied to the project:
   
   Capital Reserves $0
   Provincial Grants $0
   Debenture $2,500,000
   __________________________________
   Total Cost $2,500,000

In order to complete the project, it will be necessary for the Town of Banff to borrow the sum of $2,500,000 for a period not to exceed thirty years, from the Alberta Capital Finance Authority or another authorized financial institution, by the issuance of debentures on the terms and conditions referred to in this bylaw.

The estimated lifetime of the project financed under this bylaw is equal to, or in excess of thirty years.

The principle amount of the outstanding debt of the Town of Banff at December 31, 2017 is $11,937,022 and no part of the principal or interest is in arrears.

All required approvals for the project have been obtained and the project is in compliance with all Acts and Regulations of the Province of Alberta.

NOW THEREFORE the Council of the Town of Banff, in the Province of Alberta, duly assembled, ENACTS AS FOLLOWS:

1.0 CITATION
   1.1 This bylaw may be cited as Borrowing Bylaw – Sulphur Mountain Sanitary Sewer

2.0 PROVISIONS
   2.1 That for the purpose of upgrading the Sulphur mountain sanitary sewer line, the sum of TWO MILLION FIVE HUNDRED THOUSAND DOLLARS ($2,500,000) be borrowed from the Alberta Capital Finance Authority or another authorized financial institution by way of debenture on the credit and security of the Town of Banff at large, of which amount the full sum of $2,500,000 is to be paid by the Town of Banff at large.
   2.2 The proper officers of the Town of Banff are hereby authorized to issue debenture(s) on behalf of the Town of Banff for the amount and purposed as authorized by this bylaw, namely the upgrading of the Sulphur mountain sanitary sewer line.
   2.3 The Town of Banff shall repay the indebtedness according to the repayment structure in effect, namely semi-annual or annual equal payments of combined principal and interest installments not to exceed THIRTY (30) years calculated at a rate not exceeding the interest rate fixed by the Alberta Capital Finance Authority or another authorized financial institution on the date of the borrowing, and not to exceed SIX (6%) percent.
   2.4 The Town of Banff shall levy and raise municipal taxes sufficiently to pay the indebtedness.
   2.5 The indebtedness shall be contracted on the credit and security of the Town of Banff.
   2.6 The net amount borrowed under this bylaw shall be applied only to the project specified by this bylaw.
   2.7 This bylaw comes into force on the date it is passed.


Notice of Public Hearing
Bylaw 414 – Land Use Bylaw Amending Bylaw – Notice of Development Application
Date of Hearing: Monday, May 13, 2019
Place of Hearing: Town of Banff Town Hall Council Chambers, 110 Bear Street, Banff
Time of Hearing: 2 p.m.

Bylaw 414
The purpose of proposed Bylaw 414 is to increase community awareness of proposed development. Bylaw 414 would amend the Land Use Bylaw by:
  • requiring notice be sent to owners within a 45m radius of a property line where a development permit application has been submitted that requires an application notification sign
  • introducing a $110 Notice Fee to Schedule “G” of the Land Use Bylaw to be charged to development permit applicants to cover the cost of sending notice
  • excluding development permit applications that reapply for the continued, unchanged use of an existing Bed and Breakfast Home, Bed and Breakfast Inn, or Home Occupation from notice of decision requirements

You can view a copy of the bylaw at Banff Town Hall 110 Bear Street, between the hours of 8:30 a.m. to 4:30 p.m. Monday to Friday or download a copy below.


Submitting Your Comments
A Public Hearing provides an opportunity for members of the public to provide feedback to Council on a proposed bylaw. Any member of the public may submit comments to Council at the public hearing, either in writing, in person or both.

Speak at the Meeting
To register in advance to speak, call 403.762.1209. Notices of verbal presentations received prior to noon on Wednesday, May 8, 2019 will be included in the agenda. People who have registered in advance are heard first. At the meeting, you will have the option of having your name added to the list of speakers. Presentation time is limited to five minutes for each speaker.

Provide Written Comments
Digital written submissions are encouraged. Written submission received by noon on Tuesday, May 7, 2019 will be included in the agenda package for the meeting. Written submissions received after this date but before the close of the public hearing will be provided to council at the public hearing. There is also a call for written submissions at the time of the public hearing. 
Send your written submissions to:
Email:
In Person: Banff Town Hall, 110 Bear Street
Please note that any written submission provided to council for their consideration at Public Hearings is added in its entirety to the agenda, which is made available to the public and posted on the Town’s website. Personal information should be limited.

For More Information
If you have any questions or need further information please contact Planning and Development at 403.762.1215.