Posted on Wednesday, July 17, 2024 09:21 AM
Cold Lake, AB – Three secondary suites have been approved under the new Secondary Suite Development Incentive Program.
“We developed the program in hopes of seeing some additional rental spaces as our community continues to grow,” said Mayor Craig Copeland. “We are expecting another population burst in the coming years, and we want our housing market to be ready to accommodate both current and new residents.”
The incentive program was launched in May this year. To qualify for the program, the...
Posted on Friday, June 21, 2024 11:28 AM
Cold Lake, AB – Rib Fest will be returning to Cold Lake, thanks to a grant from city council.
At the June 11 Regular Council Meeting, council voted in favour of giving a $15,000 grant to Connected Media Inc (Lakeland Connect) for hosting the 2024 Cold Lake Rib Fest. This money comes from the Community Recreation, Art, Culture, and Heritage Information (CRACH) grant.
“The application was received after the deadline for the CRACH grant, so we had to bring it forward as a special motion,” said Mayor...
Posted on Thursday, June 13, 2024 01:56 PM
Cold Lake, AB – The City of Cold Lake’s Elected Official Compensation Review Committee will meet today to continue its work of reviewing the pay packages for elected officials in the City of Cold Lake.
The committee, which consists of four members of the community and two council members, has been tasked with providing a recommendation to council regarding the salaries, per diems and honoraria that councillors and the mayor receive.
Once a recommendation is provided, Council will consider the...
Posted on Friday, June 07, 2024 02:01 PM
Cold Lake, AB – The transformation of the City’s Lakeshore Drive continues as construction enters its next phase.
The contract for Phase 1B was awarded to Knelsen Sand and Gravel earlier this year at a price of about $12.7 million. Work is expected to begin this summer with important infrastructure being the main focus. Water and sewer lines will be replaced, as well as the paving of Lakeshore Drive from 7 Avenue to 10 Street.
Phase 1A, which began in the fall of 2023, involved the installation...
Posted on Tuesday, June 04, 2024 10:19 AM
Cold Lake, AB – During its May 28 regular meeting, City Council voted unanimously to set the 2024 municipal tax rates, resulting in an average municipal property tax increase of 4.98 per cent.
The 2024 residential tax rate was set at 8.3635, down from 8.4948 in 2023, the multi-family residential tax rate was also set at 8.3635, down from 9.0819, and the non-residential tax rate was set at 13.5079, up from 13.1707 in 2023.
The tax rates for properties that fall into the new vacant subclasses were...
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