County of Wetaskiwin approves borrowing bylaw Jan. 10

County of Wetaskiwin council approved their annual borrowing bylaw and also made a decision on unpaid penalty fees owed by...

County of Wetaskiwin No.10

County of Wetaskiwin No.10

County of Wetaskiwin council approved their annual borrowing bylaw and also made a decision on unpaid penalty fees owed by some resource companies during the regular meeting of council Jan 10.

The items were part of the regular report of Grace French, director of finance.

Borrowing bylaw

French explained the borrowing bylaw is a standard precaution this time of year. “To cover expenses, each year Council reviews and approves an annual short term borrowing by-law authorized under Section 251 of the Municipal Government Act,” stated French in her memo to council.

“In 2016, the County did not have to access the Short Term Borrowing By-law,” she added. CAO Frank Coutney said by phone Jan. 11 the county approves the bylaw as a precaution but hasn’t had to use it in years.

French explained the county always has the school requisition which it collects on behalf of then provincial government to keep in mind.

“The Alberta School Foundation Fund requisition is payable by the end March and June prior to collection of the August 31st property tax due date, therefore short term borrowing is required to cover other County operating expenses,’ stated French. “By the end of June, the County will be required to remit approximately $3.5 million.”

Council unanimously approved the borrowing bylaw.

Write-offs

French advised council there were some outstanding bills sent to resource companies that apparently cannot be paid anymore. “Administration is requesting that three accounts, belonging to oil companies, be canceled as the companies are no longer in existence,” stated French in her memo.

French stated that account 6407 had an amount outstanding of $1073.60, and the original invoice September 12, 2012 in the amount of $776.91 was for drilling license and subsequent penalties.

Account 5390 had an amount outstanding of $1,515.80. The original invoice of November 29, 2012 included the amount of $4,862.72, which was eventually paid. However the balance of $1,515.80 was outstanding penalty amounts.

Lastly, account 7205 had the amount outstanding of $300. The original invoice of October 9, 2015 in the amount of $300 for rural address signs was for cost recovery. “These two sign were ordered and installed at the request of the oil company,” stated French. “In discussions with IT and Public Works, it was decided that a work order will be submitted to have these signs removed.”

Coutney told The Pipestone Flyer Jan. 11 that since the companies in question were no longer functioning, the debts were uncollectible.

French noted the county wasn’t aware of the businesses closing shop. “Statements were sent out recently,” she noted in her memo. “Two of these were returned undeliverable.

“A representative from the third company advised that they have declared receivership and the claim process ended November 25, 2016 which means that no claims can be submitted again as per court order.”

French advised council they could write off these accounts receivable with a resolution, which they unanimously did.

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Alberta had 1,571 active COVID-19 cases on Tuesday. THE CANADIAN PRESS
Alberta’s central zone now has 1,101 active COVID-19 cases

Provincial death toll has risen by nine

COVID-19. (Image courtesy CDC)
Alberta reports 1,731 new COVID-19 cases on Saturday

The province’s central zone has 992 active cases

(Photo submitted)
Ermineskin citizen graduates vet school, is part of busy practice

Dr. Justin Hodgson is rolling up his sleeves in Meadow Lake, Sask.

Shaela Dansereau/Pipestone Flyer
Wetaskiwin City services impacted by new public health measures

Public centers and availability to public impacted by the new public health measures.

Idyllic winter scenes are part of the atmosphere of the holiday season, and are depicted in many seasonal movies. How much do you know about holiday movies? Put your knowledge to the test. (Pixabay.com)
QUIZ: Test your knowledge of holiday movies and television specials

The festive season is a time for relaxing and enjoying some seasonal favourites

A B.C. Ambulance Service paramedic wearing a face mask to curb the spread of COVID-19 moves a stretcher outside an ambulance at Royal Columbia Hospital, in New Westminster, B.C., on Sunday, November 29, 2020. THE CANADIAN PRESS/Darryl Dyck
Top doctor urges Canadians to limit gatherings as ‘deeply concerning’ outbreaks continue

Canada’s active cases currently stand at 63,835, compared to 53,907 a week prior

A Canadian Pacific freight train travels around Morant’s Curve near Lake Louise, Alta., on Monday, Dec. 1, 2014. A study looking at 646 wildlife deaths along the railway tracks in Banff and Yoho national parks in Alberta and British Columbia has found that train speed is one of the biggest factors. THE CANADIAN PRESS/Frank Gunn
Study finds train speed a top factor in wildlife deaths in Banff, Yoho national parks

Research concludes effective mitigation could address train speed and ability of wildlife to see trains

A airport worker is pictured at Vancouver International Airport in Richmond, B.C. Wednesday, March 18, 2020. THE CANADIAN PRESS/Jonathan Hayward
Canada extends COVID restrictions for non-U.S. travellers until Jan. 21 amid second wave

This ban is separate from the one restricting non-essential U.S. travel

In this undated photo issued by the University of Oxford, a volunteer is administered the coronavirus vaccine developed by AstraZeneca and Oxford University, in Oxford, England. Pharmaceutical company AstraZeneca said Monday Nov. 23, 2020, that late-stage trials showed its coronavirus vaccine was up to 90% effective, giving public health officials hope they may soon have access to a vaccine that is cheaper and easier to distribute than some of its rivals. (University of Oxford/John Cairns via AP)
Moderna chairman says Canada near head of line for 20 million vaccine doses

Trudeau created a firestorm when he said Canadians will have to wait a bit to get vaccinated

Conservative MP Pierre Poilievre speaks during a news conference Monday, Nov. 16, 2020 in Ottawa. Poilievre says building up the Canadian economy post-pandemic can't be achieved without a massive overhaul of the tax system and regulatory regime. THE CANADIAN PRESS/Adrian Wyld
Conservatives attack Trudeau’s ‘reset’ but they have ideas for their own

‘We don’t need subsidized corporate welfare schemes that rely on endless bailouts from the taxpayer’

There were 47 new COVID-19 cases in Alberta Tuesday. (THE CANADIAN PRESS/Paul Chiasson)
Spread of COVID-19 in Brampton, Ont., linked to systemic factors, experts say

‘We’re tired. We’re numb. We’re overworked. We’re frustrated, because it’s not our rules’

A couple embrace during a ceremony to mark the end of a makeshift memorial for victims of the Toronto van attack, at Yonge St. and Finch Ave. in Toronto on Sunday, June 3, 2018. THE CANADIAN PRESS/Cole Burston
‘I’ve been spared a lot,’ van attack survivor says as she watches trial alone

Court has set up a private room for victims and families of those killed in the Toronto van attack

A person enters a building as snow falls in Ottawa, Sunday, Nov. 22, 2020. Ottawa has been successful in limiting the spread of COVID-19 during its second wave thanks to the city’s residents who have been wearing masks and staying home, said Ottawa’s medical officer of health Dr. Vera Etches. THE CANADIAN PRESS/Justin Tang
People to thank for Ottawa’s success with curbing COVID-19: health officer

The city’s chief medical officer said much of the credit goes to the people who live in Ottawa

Most Read