Town of Coaldale passes borrowing bylaw for new sanitary trunk line

Posted on June 5, 2025 by Sunny South News

By Kristine Jean
Sunny South News

The Town of Coaldale is moving forward with its $5.1 million sanitary trunk line expansion project.

Councillors unanimously passed second and third reading of Borrowing Bylaw 919-B-04-24, Sanitary Trunk Line, at the Town of Coaldale’s May 20, regular council meeting. First reading was passed last month on April 28. 

Chief Financial Officer and Deputy CAO, Kyle Beauchamp, presented details of the bylaw and noted the debenture will help facilitate the sanitary trunk line expansion project along 16th Ave. and Highway 845. 

The borrowing bylaw applies to the project’s two phases – this year’s Phase One, water and sanitary upgrades along Highway 845, which is expected to begin work in June, and Phase Two, sanitary upgrades along 16th Ave. in 2026, which will eventually tie into the new sanitary line installed a couple of years ago in Malloy Landing. 

Debenture financing for the project would include a 10-year loan from Alberta Treasury and Finance and would not be required until the beginning of 2026, at which point the application for financing would be submitted.  

The town needed to approve and advertise the borrowing bylaw ahead of time and based on current expected interest rates (for a 10-year loan), yearly debenture payments would be about $185,000. 

In his presentation, Beauchamp noted the town received one inquiry from a resident and prior to third and final reading, Coun. Jacen Abrey asked about the public inquiry.  

“We did receive one question but there were no further objections or questions received on the bylaw,” said Beauchamp, noting the question asked about funding the expansion project. 

 “It was just a matter of clarifying how the funding for this project works within the capital budget,” said Beauchamp.  

The 2025 capital budget, approved in December 2024, included borrowing as one of the listed funding sources for this sanitary project.