Stettler town hall. (Lisa Joy/Stettler Independent)

Town of Stettler highlights from May 18th

The Town of Stettler has finalized electricity contracts for the years 2024, 2025, and 2026

By Kevin J. Sabo

For the Independent

The Town of Stettler has approved a request to consolidate two adjoining pieces of property.

Located between Hwy. 12 and the cemetery road across from the Napa Auto Parts commercial building, the land was previously subdivided in 2012 to allow for three residential parcels of land and a highway commercial lot.

Only one home remains on the property, and the highway commercial property is already accessed from the 50th St. property.

Concurrent with the consolidation request, the landowner has also requested to rezone the highway commercial property to residential. The rezoning required a public hearing, which was held during the May 18th council meeting.

With no submissions either for or against the rezoning, and with all legislative requirements being met, council voted in favour of consolidating the properties in a motion made by Coun. Malcolm Fischer, and the rezoning amendment to the Land Use Bylaw, Bylaw 2140-21, passed subsequent second and third reading.

Electricity

The Town of Stettler has finalized electricity contracts for the years 2024, 2025, and 2026.

“The pricing is very good,” said Chief Administrative Officer Greg Switenky.

“This is an opportunity to lock in our pricing for energy.”

With the agreement signed, and the electricity rates locked in, the Town will be able to budget in subsequent years more accurately, at least as far as the commodity is concerned.

The new agreement signed by the Town is with Capital Power, who came in the lowest for bidding. At the beginning of 2021, the Town of Stettler started a three-year power-purchase agreement also with Capital Power.

The current three-year contract has the Town of Stettler paying $43.92/MWh, with a variance of plus or minus 20 per cent. The contract kicking in Jan. 1st, 2024 will have the town paying $53.10/MWh with a variance of plus or minus 25 per cent.

The current price for wholesale electricity markets is sitting around $64/MWh.

Rezoning

Bylaw 2142-21 was another request for rezoning, this time in an area on the west end of town.

The amendment will open the door for the construction of a 432-unit seniors housing development known as the ‘Wellings of Stettler’.

The proposed project will be built in three phases, with the first phase including a ‘clubhouse’ activity centre.

With the first reading of the bylaw amendment passed, a public hearing will be held at the June 15th council meeting.