Proposed Municipality Controlled Corporate Structure for City Water and Sewer Services – The Pipestone Flyer

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The Town of Wetaskiwin proposes a Municipally Controlled Corporation (CMC) structure for future water and sewer services to minimize the financial burden on local taxpayers due to the mandatory construction of a new treatment plant used waters.

City Council has scheduled a public hearing on Jan. 24, 022 at 1 p.m. after receiving a presentation from Graham Capital on MCC’s proposed new wastewater treatment facility, Peace Hills Utility Inc., at its regular meeting of municipal council of December 13, 2021..

The city began exploring options for wastewater treatment facilities after being mandated by other levels of government to upgrade its wastewater treatment systems to comply with new effluent regulations.

In 2020, the city led. Call for tenders and received three bids. With board approval, the administration has selected the Graham Aquatera Consortium as its business partner to provide the design, construction, financing and operation of the facility that is proposed to operate as MCC.

“After a thorough review of the options, opening an MCC was the only way for the city of

allow this mandated project to be carried out. The province has agreed to authorize the use of the $ 12.9 million grant under the PPP project, which will help reduce the overall impact of the tariff increase on citizens, ”said Sue Howard, City Manager.

“Everyone is encouraged to review the documents and ask questions before the public hearing so that you can bring your thoughts back to Council on January 24, 2022.”

The city says that by establishing the proposed wastewater treatment facility as an MCC, this partnership will ensure that funding for the project can be secured and debt will remain off the city’s balance sheet.

This partnership also allows the city to retain ownership of all project-related assets while receiving the financial benefits of that ownership. Any surplus generated by the proposed water treatment facility would be reinjected into the community.

Aquatera, along with Graham Capital, is another key member of the proposed business partnership for this project and would be responsible for providing long-term operation and maintenance services to the city for water and wastewater services.

Depending on the rate structure chosen by city council for the proposed project, the construction of the MCC could cost between $ 40 million and $ 53 million.

Before the next steps of this project are finalized, the city and council invite the public to share their thoughts on the proposed MCC during a public hearing on January 24, 2022 at 1 p.m. at City Hall.

During the public hearing, the following information will be discussed:

• Services that MCC intends to provide

• Names of MCC shareholders

• Geographic locations within and outside of Alberta in which MCC intends to provide services.

• In the case of an MCC that intends to provide utilities and a proposed tariff structure

• The market impact analysis contained in the business plan.

HTML signature of Shaela Dansereau:


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