†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††† MINISTERIAL ORDER NO.† MSD:019/21

 

 

 

 

 

 

I, Ric McIver, Minister of Municipal Affairs, pursuant to Section 602.31 of the Municipal Government Act, make the following order:

 

1.    The Sylvan Lake Regional Wastewater Commission may exceed its regulated debt and debt service limits to complete Stages 3 and 4 of the regional wastewater project.

 

2.    The Sylvan Lake Regional Wastewater Commission may borrow up to $4.5 million to finance the commissionís portion of project costs related to Stages 3 and 4 of the regional wastewater project.

 

3.    The Sylvan Lake Regional Wastewater Commission may borrow an additional $5.0 million for interim financing requirements during the construction of Stage 4 of the regional wastewater project. The $5.0 million extension for interim financing expires December 31, 2022.

 

4.    Ministerial Order No. MSL:038/18 is hereby rescinded.

 

 

 

 

Dated at Edmonton, Alberta, this 11th day of February, 2021.

 

 

 

 

 

 

 

†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††† †††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††

†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††† Ric McIver

†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††† Minister of Municipal Affairs