Notice of Intention to Pass a Local Improvement Charge By-Law

Each of the Benefitting Properties will have the option to make payment of their respective share of the costs (All costs are subject to the Town’s Interest Policy):

· By making payment 30 days upon receipt of invoice, or;

·  By making payment when the property is sold, or;

· By making payment when Municipal Approval for a Building Permit is applied for, or;

·  By making yearly annual payments, or;

· Payment in full at any time, prior to the expiry of the By-law.

This Local Improvement Charge By-law shall expire 10 years after the date of passing, after which time all outstanding charges, fees and interest must be paid. If not paid, the said amount owing will be added to the municipal property tax bill.

A vaild petition representing 89% of the seven owners and over 95% of the assessed value of the lots (total of 21) has been received by the Town of Grand Valley.

A majority of the owners representing at least one half of the assessed value of the lots affected by the Local Improvement may petition Council NOT to undertake the work as a local improvement.  A petition must be submitted to the Town Clerk, on or before Monday June 16, 2025, and state the reasons for objection to the local improvement.