O.C. 431/2004

September 22, 2004

and makes the Order in Appendix C. For Information only

APPENDIX A

DETAILED DESCRIPTION OF THE LANDS SEPARATED FROM THE MUNICIPAL DISTRICT OF ROCKY VIEW NO. 44 AND ANNEXED TO THE TOWN OF COCHRANE

ALL THOSE PORTIONS OF THE SOUTHEAST QUARTER OF SECTION THIRTY-SIX (36), TOWNSHIP TWENTY-FIVE (25), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING WEST OF THE RIGHT BANK OF THE BOW RIVER

ALL THOSE PORTIONS OF THE NORTH ONE-HALF OF SECTION TWENTY-FIVE (25), TOWNSHIP TWENTY-FIVE (25), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING WEST OF THE RIGHT BANK OF THE BOW RIVER

THE SOUTHWEST QUARTER OF SECTION TWENTY-FIVE (25), TOWNSHIP TWENTY-FIVE (25), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN INCLUDING ALL ADJACENT ROAD ALLOWANCES AND INTERSECTIONS

THE SOUTHEAST QUARTER AND THE WEST ONE-HALF OF SECTION TWENTY-SIX (26), TOWNSHIP TWENTY-FIVE (25), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN INCLUDING ALL INTERVENING AND ADJACENT ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

SECTION TWENTY-SEVEN (27), TOWNSHIP TWENTY-FIVE (25), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN INCLUDING ALL INTERVENING AND ADJACENT ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

ALL THOSE PORTIONS OF SECTION THIRTY-FOUR (34), TOWNSHIP TWENTY-FIVE (25), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING SOUTH AND WEST OF THE LEFT BANK OF THE BOW RIVER, INCLUDING THE BOW RIVER AND ALL INTERVENING AND ADJACENT ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

ALL THAT PORTION OF THE NORTHEAST QUARTER OF SECTION THIRTY-THREE (33), TOWNSHIP TWENTY-FIVE (25), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING EAST OF TOWERS TRAIL, INCLUDING ALL INTERVENING AND ADJACENT ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

ALL THOSE PORTIONS OF THE NORTH ONE-HALF OF SECTION THIRTY-THREE (33), TOWNSHIP TWENTY-FIVE (25), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING NORTH AND WEST OF PLAN 0013255, INCLUDING ALL ADJACENT AND INTERVENING ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

ALL THOSE PORTIONS OF THE NORTHEAST QUARTER OF SECTION FIVE (5), TOWNSHIP TWENTY-SIX (26), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING NORTH OF THE RIGHT BANK OF THE BOW RIVER, INCLUDING THE BOW RIVER, THE CANADIAN PACIFIC RAILWAY RIGHT-OF-WAY AND ALL ADJACENT AND INTERVENING ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

ALL THOSE PORTIONS OF THE SOUTH ONE-HALF OF SECTION FOUR (4), TOWNSHIP TWENTY-SIX (26), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING SOUTH OF ROAD PLAN 467LK

ALL THAT PORTION OF SECTION NINE (9), TOWNSHIP TWENTY-SIX (26), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING NORTH OF THE HIGHWAY 1A RIGHT-OF-WAY, INCLUDING ALL ADJACENT AND INTERVENING ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

ALL THAT PORTION OF THE NORTHWEST QUARTER OF SECTION THREE (3), TOWNSHIP TWENTY-SIX (26), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING NORTH OF THE HIGHWAY 1A RIGHT-OF-WAY, INCLUDING ALL ADJACENT AND INTERVENING ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

SECTION TEN (10), TOWNSHIP TWENTY-SIX (26), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN, INCLUDING ALL ADJACENT AND INTERVENING ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

THE WEST ONE-HALF OF SECTION ELEVEN (11), TOWNSHIP TWENTY-SIX (26), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING NORTH OF RANCHE ROAD PLAN 646BM, INCLUDING ALL ADJACENT AND INTERVENING ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS BUT EXCLUDING RANCHE ROAD PLAN 646BM

THE WEST ONE-HALF OF SECTION FOURTEEN (14), TOWNSHIP TWENTY-SIX (26), RANGE FOUR (4), WEST OF THE FIFTH MERIDIAN LYING SOUTH OF PLAN 1364LK, INCLUDING ALL ADJACENT AND INTERVENING ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

THAT PORTION OF THE SOUTHEAST QUARTER OF SECTION FIFTEEN (15) LYING EAST OF THE WESTERLY RIGHT-OF-WAY OF HIGHWAY 22, INCLUDING ALL ADJACENT AND INTERVENING ROADS, ROAD ALLOWANCES, HIGHWAYS AND INTERSECTIONS

APPENDIX B

APPENDIX C

ORDER

1 In this Order, “annexed land” means the land described in Appendix A and shown on the sketch in Appendix B.

2 Subject to section 3, for taxation purposes in 2005 and later years up to and including 2019, the annexed land and the assessable improvements to it

3(1) Section 2 ceases to apply to a portion of the annexed land and the assessable improvements to it in the taxation year immediately following the taxation year in which

(2) Notwithstanding subsection (1)(a), section 2 does not cease to apply in respect of

4 Section 2 continues to apply to the annexed land and the assessable improvements to it up to and including the year 2024 if

5 After section 2 ceases to apply to a portion of the annexed land in a taxation year, that portion of the annexed land and the assessable improvements to it must be assessed and taxed for the purposes of property taxes in that year in the same manner as other property of the same assessment class in the Town of Cochrane is assessed and taxed.

6 Not later than 6 months after the date this Order in Council is signed by the Lieutenant Governor in Council, the Municipal District of Rocky View No. 44 shall transfer to the Town of Cochrane all its interest in that portion of the northeast quarter of section 5, township 26, range 4, west of the fifth meridian that is contained within the limits of an island in the Bow River as shown on the Township Plan approved at Ottawa on August 22, 1892, containing 3 acres more or less.

7(1) The Town of Cochrane shall pay to the Municipal District of Rocky View No. 44 the sum of $208 000 in Canadian money, as follows:

(2) Where the Town of Cochrane elects to make the payment required under subsection (1)(c) in accordance with subclause (ii),