Lacombe County Council approved the Aspelund Off-site Levy Bylaw update (Bylaw 1220/16) on June 9, 2016 for the Aspelund Area Development Node to apply a $95,000/ha off-site levy to recoup the costs of providing municipal water and wastewater servicing to this area, and twin a portion of Aspelund Road.
This off-site levy has recently been reviewed to update the costs for the remaining future infrastructure to reflect current industry pricing in Central Alberta. There are two key factors in the update of the off-site levy rates:
- Since 2016, and particularly in 2021, there has been relatively significant inflation in water and wastewater infrastructure (2.6% per annum, on average).
- Costs for debenture for the future lift station are no longer considered required and have been removed from the calculations. The removal of this has largely offset the inflation-related increases.
Based on the review, the off-site levy will be increased to $96,000 per hectare for the remaining future development. A copy of the full review can be accessed in the attachment.
CLICK "Read More" for further details and to access the attachments.