Off-Site Levy Bylaw No. 1086-25

Beaumont, Alberta · adopted 2025-08-26

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Bylaw 1086-2025 Page 1 BYLAW #1086-25 The City of Beaumont Off-Site Levy Bylaw Under the Municipal Government Act a Council may by bylaw provide for the imposition of a levy known as an Off-Site Levy in respect of land to be developed or subdivided, and authorize an agreement to be entered into for the payment of the levy; Council for the City of Beaumont desires to establish an Off-Site Levy for the purposes described in section 648 of the Act; The City engaged a consultant, Urban Systems, to prepare a report on Off-Site Infrastructure requirements and to establish a fair and equitable method of calculating Off-Site Levies; The City consulted in good faith with representatives of the Development industry on existing and future Off-Site Infrastructure requirements, the methodology on which to base an Off-Site Levy and the calculation of the levy; In developing the Off-Site Levy under this Bylaw, the City applied the criteria and principles specified in the Act and the Off-Site Levies Regulation; and Council's intention to consider this Bylaw has been advertised in accordance with the Act. Therefore, Council enacts: PART I - DEFINITIONS AND INTERPRETATION Definitions 1 In this bylaw: (a) "Act" means the Municipal Government Act, RSA 2000, c M-26; (b) "Bylaw" means this Bylaw, together with all schedules; (c) "Chief Administrative Officer" means the Chief Administrative Officer of the City or their delegate; (d) "City" means the municipal corporation of The City of Beaumont; (e) "Council" means the Council for the City of Beaumont; (f) "Developable Land" means all land contained within the municipal boundaries of the City: (i) upon which Development takes place after the date of passing of this Bylaw; or (ii) for which a Development Agreement is executed on or after the date of passing this Bylaw; Bylaw 1086-2025 Page 2 but excludes all Developed Land. (g) "Developed Land" means all land upon which Development has taken place or for which a Development Agreement has been executed prior to the date of passing of this Bylaw; (h) "Development" means "development" as defined in the Act; (i) "Development Agreement" means an agreement between the City and the applicant in relation to Subdivision approval or a Development Permit in accordance with section 650 or 655 of the Act; (j) "Development Permit" means "development permit" as defined in the Act; (k) "Growth" shall mean: (i) the creation of new Lots through Subdivision; and (ii) the occurrence of Development; (l) "Lot" means "lot" as defined in the Act; (m) "Off-Site Infrastructure" means new or expanded: (i) facilities for the storage, transmission, treatment or supplying of water; (ii) facilities for the treatment, movement or disposal of sanitary sewage; (iii) roads required for or impacted by a Subdivision or Development; (iv) transportation infrastructure required to connect, or to improve the connection of, municipal roads to provincial highways resulting from a Subdivision or Development; and (v) fire hall facilities; and includes (vi) land required for or in connection with any of the above categories; (n) "Off-Site Levy" means the off-site levy or levies established pursuant to this Bylaw; Bylaw 1086-2025 Page 3 (o) "Report" means the Off-Site Levy Background Report 2025 prepared for the City by Urban Systems, attached as Schedule "C". (p) "Subdivision" means "subdivision" as defined in the Act. Interpretation 2 The following rules apply to interpretation of this bylaw: (a) headings, titles, and margin notes in this bylaw are for ease of reference only; (b) gender-specific words, phrases, and references are intended to be gender-neutral, and the singular includes the plural as the context requires; (c) every provision of this bylaw is independent of all other provisions and if any provision of this bylaw is declared invalid by a Court, all other provisions of this bylaw remain valid and enforceable; and (d) references to bylaws and enactments in this bylaw include amendments and replacement bylaws and enactments, and regulations and orders thereunder. PART II - OFF-SITE LEVY Object of Levy 3 The object of the Off-Site Levy is to pay for all or part of the capital costs of Off-Site Infrastructure required for Growth. Off-Site Levy Established for Developable Land 4 An Off-Site Levy is established and imposed in respect of Growth on all Developable Land, excluding those portions designated as (a) Environmental Reserve; (b) Municipal Reserve; (c) arterial road right of way; or (d) public utility lots, if excluded at the discretion of the Chief Administrative Officer. Off-Site Levy Established for Developed Land 5 An Off-Site Levy is established and may be imposed in respect of Growth on Developed Lands, but only for a category of Off-Site Infrastructure for which an off-site levy has not previously been imposed under this Bylaw or a prior bylaw. Off-Site Infrastructure 6 For each category of Off-Site Infrastructure, the attached Schedule "A" identifies the anticipated projects required for Growth and the Bylaw 1086-2025 Page 4 location, cost estimate and allocation of benefits for each project. Benefiting Areas 7 For sanitary infrastructure, the Off-Site Levy is calculated and applied based on the specific benefitting area, or Basin, shown on the Sanitary Infrastructure Map in Appendix "A". For all other categories of Off-Site Infrastructure, the levies are calculated and applied on a City-wide basis. Off-Site Levy Rates 8 Off-Site Levies will be assessed on a per hectare basis using the rates in Schedule "B", that are in effect on the date of the Development Agreement. Amend for Grant Funding 9 If the City receives grant funding for a specific project listed in Schedule "A", then on the date the grant funding is received, (a) Schedule A is amended by reducing the project cost by the grant amount, and (b) Schedule B is amended by reflecting a recalculated levy rate based on the adjusted project cost in Schedule A. Background Report 10 The Off-Site Levy program, categories of Off-Site Infrastructure and the methodology used to calculate the Off-Site Levy rates are explained in the Report, attached as Schedule "C" and hereby made part of this Bylaw. Payment of Levies 11 Subject to this Bylaw, a condition will be imposed on a Subdivision approval or Development Permit requiring the applicant to enter a Development Agreement that provides for payment of Off-Site Levies, among other things. 12 A Development Agreement that provides for deferred payment of Off-Site Levies may require security for the deferred payment. 13 Provided the City is satisfied that adequate security is provided for payment of the Off-Site Levies, and unless otherwise agreed in a Development Agreement, Off-site Levies are to be paid as follows: (a) 50% (fifty percent) shall be paid prior to the endorsement of the Subdivision or in the case of a Development Permit, prior to the execution of the Development Agreement; and (b) 50% (fifty percent) shall be paid within one year of the first payment. 14 Payment of Off-Site Levies imposed under this Bylaw shall be made in accordance with the terms of the Development Agreement. Bylaw 1086-2025 Page 5 15 Any amount of an Off-Site Levy that is not paid when due is a debt owing to the City and will be subject to the accrual of interest as determined by the City's policies. This provision does not affect any other remedy available to the City for late or non-payment of an Off-Site Levy. Accounting 16 All Off-Site Levies collected pursuant to this Bylaw shall be (a) accounted for in a separate fund for each category of Off-Site Infrastructure; and (b) expended only for the purpose for which they were collected as permitted under the Act. Annual Report 17 The Chief Administrative Officer or their delegate will present an annual report to Council on Off-Site Levies received and used during the year, and the balances retained for each category of Off- Site Infrastructure. PART III - GENERAL Review 18 The City will review growth projections, Off-Site Infrastructure requirements and costs, Off-Site Levy calculation and rates, and this Bylaw at least once every three years, and will amend this Bylaw as may be needed. Municipal Discretion 19 Nothing in this Bylaw precludes the City from: (a) imposing further or different charges or levies, duly enacted by bylaw; (b) deferring collection of the Off-Site Levy on any portion of Developable Lands on appropriate terms and conditions, including requiring security for payment of such deferred levies; (c) waiving, reducing or forgiving payment of Off-Site Levies required under this Bylaw to give effect to the principles set out in the Report and in the Off-Site Levies Regulation; or (d) providing credits at the time of assessment or collection of Off- Site Levies or providing repayments to reflect actual costs incurred for required Off-Site Infrastructure that is constructed by a developer. 20 Without restricting any provision of this Bylaw, the Chief Administrative Officer may (a) enter into Development Agreements on behalf of the City that Bylaw 1086-2025 Page 6 provide for the payment of Off-Site Levies; and (b) delegate any powers, duties or functions under this Bylaw to an employee of the City. 21 Council may from time to time adopt policies to assist or direct the Chief Administrative Officer or their delegate in administering the Off-Site Levy program and this Bylaw. Transitional 22 Except as otherwise provided in a Development Agreement signed prior to the enactment of this Bylaw, this Bylaw applies to: (a) any Subdivision where the Development Agreement is executed on or after the date this Bylaw comes into force; and (b) any Development Permit where the Development Agreement is executed on or after the date this Bylaw comes into force. 23 Any Off-Site Levies payable under a Development Agreement entered into prior to enactment of this Bylaw are confirmed and shall continue to be payable despite the repeal of the previous off- site levy bylaw. Repeal 24 Bylaw 945-19 and any amendments thereto are repealed. FIRST READING: August 26, 2025 SECOND READING: August 26, 2025 THIRD READING: August 26, 2025 SIGNED THIS 26 day of August, 2025. Bill Daneluik MAYOR Joanne Dargis CLERK Bylaw 1086-2025 Page 7 SCHEDULE "A" OFF-SITE INFRASTRUCTURE MAPS, PROJECTS, COST ESTIMATES AND ALLOCATION OF BENEFITS Bylaw 1086-2025 Page 8 Sanitary Infrastructure - Map Bylaw 1086-2025 Page 9 Sanitary Infrastructure - Project List Project ID Project Description Estimated Start Year Estimated End Year Estimated Project Cost ($2025) Allocation of Benefit to New Development Benefit to Existing Assumed Grants ($2025) Off-Site Levy Recoverable BASIN 1 - Build-Out (Capacity) SAN-02 675mm Sanitary Sewer - Upsizing Portion (Elan LS to SERTS) 2025 2026 $484,914 100% 0% - $484,914 SAN-08 675mm Sanitary Sewer - Upsizing Portion (Elan LS to TWP 510) 2041 2042 $502,233 100% 0% - $502,233 SAN-09 600mm Sanitary Sewer - Upsizing Portion (TWP 510 into N Annex Lands) 2041 2042 $327,130 100% 0% - $327,130 SAN-10 Elan Lift Station - Ultimate 2051 2052 $3,126,030 100% 0% - $3,126,030 BASIN 2 - Build-Out (Capacity) SAN-01 525mm Sanitary Sewer (along TWP 510 to service Le Reve) 2025 2026 $1,274,557 100% 0% - $1,274,557 SAN-03 Le Reve Lift Station - Ultimate Upgrade 2051 2052 $55,620 100% 0% - $55,620 BASIN 5 - Build-Out (Capacity) SAN-05 675mm Sanitary Sewer - Upsizing Portion (NE Elan: TWP 505 to SERTS) 2030 2031 $803,572 100% 0% - $803,572 SAN-06 600mm/675mm Sanitary Sewer - Upsizing Portion (East Elan: South of TWP 505) 2051 2052 $625,302 100% 0% - $625,302 BASIN 6 - Build-Out (Capacity) SAN-04 Innovation Park Lift Station - Ultimate 2036 2037 $3,076,610 100% 0% - $3,076,610 BASIN 8 - Build-Out (Capacity) SAN-07 525mm Sanitary Sewer - Upsizing Portion (West Elan: South of SERTS) 2051 2052 $88,289 100% 0% - $88,289 Bylaw 1086-2025 Page 10 Water Distribution Infrastructure - Map Bylaw 1086-2025 Page 11 Water Distribution Infrastructure - Project List Project ID Project Description Estimated Start Year Estimated End Year Estimated Project Cost ($2025) Benefit to New Development Benefit to Existing Benefit to Future Window Assumed Grants ($2025) Off-Site Levy Recoverable DISTRIBUTION (25 Year Revolving Timeframe) WAT-10 450mm Watermain - Upsizing Portion - NW Elan 2036 2037 $319,198 100% 0% 0% - $319,198 WAT-11 450mm Watermain - Upsizing Portion - NW Elan 2037 2038 $286,125 100% 0% 0% - $286,125 WAT-15 450mm Watermain - Upsizing Portion - SE Elan from 50th Ave 2051 2052 $605,554 100% 0% 100% - $0 WAT-17 450mm Watermain - Upsizing Portion - NW Elan from 50th Ave 2036 2037 $549,559 100% 0% 0% - $549,559 WAT-18 450mm Watermain - Upsizing Portion - TWP 510 connecting NW RPH 2042 2043 $912,523 100% 0% 0% - $912,523 WAT-23 450mm Watermain - Upsizing Portion - N Annex Lands from NW RPH 2051 2052 $1,132,192 100% 0% 100% - $0 WAT-24 450mm Watermain - Upsizing Portion - N Annex Lands 2051 2052 $199,057 100% 0% 100% - $0 WAT-25 450mm Watermain - Upsizing Portion - SE Elan 2051 2052 $253,205 100% 0% 100% - $0 WAT-28 450mm Watermain - Upsizing Portion - N Annex Lands 2055 2056 $283,048 100% 0% 100% - $0 Bylaw 1086-2025 Page 12 Water Storage and Supply Infrastructure - Map Bylaw 1086-2025 Page 13 Water Storage and Supply Infrastructure - Project List Project ID Project Description Estimated Start Year Estimated End Year Estimated Project Cost ($2025) Benefit to New Development Benefit to Existing Assumed Grants ($2025) Off-Site Levy Recoverable WATER SUPPLY - Build-Out (Capacity) WAT-03 400mm Supply Feed - MPR to SVPR 2025 2026 $5,124,147 74% 26% - $3,799,177 WAT-04 600/350mm Supply Feeds - West and East from SVPR 2027 2028 $3,350,004 100% 0% - $3,350,004 WAT-06 600mm Watermain - Upgrade - SVRP to MPR 2029 2030 $4,876,427 100% 0% - $4,876,427 WAT-07 600mm Watermain - Upgrade - 50th Ave, MRP to RR 243 2031 2032 $4,673,371 100% 0% - $4,673,371 WAT-08 600mm Watermain - Upsizing - 50th Ave, West of RR 243 2036 2037 $2,230,081 100% 0% - $2,230,081 WAT-16 600mm Watermain - Upsizing - 50th Ave, Central Elan 2036 2037 $726,234 100% 0% - $726,234 WAT-18A 750mm Watermain - Supply from NW Reservoir 2043 2044 $384,576 100% 0% - $384,576 WAT-20 Supply to NW Reservoir and Pumphouse 2043 2044 $5,800,000 100% 0% - $5,800,000 WATER STORAGE - Build-Out (Capacity) WAT-01 Main PH Upgrades 2025 2026 $1,203,751 43% 57% - $516,960 WAT-02 St.Vital PH Upgrades - New Pumps 2026 2027 $2,213,037 100% 0% - $2,213,037 WAT-05 Centre-Ville Booster Station & Isolation Valves 2028 2029 $1,446,007 59% 41% - $853,497 WAT-09 St.Vital Reservoir Expansion 2028 2029 $16,000,000 100% 0% - $16,000,000 WAT-12 Main PH&R - Pump Upgrades 2037 2038 $1,230,644 100% 0% - $1,230,644 WAT-13 St.Vital Reservoir Expansion 2038 2039 $7,691,525 100% 0% - $7,691,525 WAT-14 St.Vital Pump Upgrades 2039 2040 $1,230,644 100% 0% - $1,230,644 WAT-19 Northwest Reservoir and Pumphouse - Phase 1 2043 2044 $20,563,581 100% 0% - $20,563,581 WAT-21 Isolation Valve Installation 2044 2045 $846,068 100% 0% - $846,068 WAT-22 Isolation Valve Installation 2051 2052 $153,831 100% 0% - $153,831 WAT-26 Main Pump Upgrades 2046 2047 $876,834 100% 0% - $876,834 WAT-27 St.Vital Pump Upgrades 2047 2048 $876,834 100% 0% - $876,834 WAT-29 St.Vital Reservoir Expansion 2051 2052 $7,691,525 100% 0% - $7,691,525 WAT-30 Northwest Reservoir and Pumphouse - Ultimate Build Out 2065 2052 $28,219,940 100% 0% - $28,219,940 Bylaw 1086-2025 Page 14 Transportation Infrastructure - Map Bylaw 1086-2025 Page 15 Transportation Infrastructure - Project List Project ID Project Description Estimated Start Year Estimated End Year Estimated Project Cost ($2025) Benefit to New Development Benefit to Existing Benefit to Future Window Assumed Grants ($2025) Off-Site Levy Recoverable ARTERIAL CORRIDOR IMPROVEMENTS - 25 Year Revolving Timeframe TPT-07-ULT TWP 510 - 4 lane - RR 243 to 50th St 2051 2052 $12,045,427 100% 0% 100% - $0 TPT-08-ULT RR 243 - 4 lane - TWP 510 to 50th Ave 2032 2033 $11,461,335 100% 0% 0% - $11,461,335 TPT-09-ULT TWP 510 - 4 lane - 50th St to RR 241 2051 2052 $12,342,662 100% 0% 100% - $0 TPT-10-ULT TWP 510 - 4 lane - RR 244 to RR 243 2041 2042 $12,761,254 100% 0% 0% - $12,761,254 TPT-13-ULT RR 241 - 4 lanes - 50 Ave to HWY 625 2043 2044 $11,848,467 100% 0% 0% - $11,848,467 TPT-14-ULT RR 241 - 4 lanes - TWP 510 to 50 Ave 2051 2052 $10,044,150 100% 0% 100% - $0 TPT-15-ULT RR 243 - 4 lane - 50th Ave to HWY 625 2055 2056 $11,472,185 100% 0% 100% - $0 TPT-16-ULT RR 244 - 4 lane - TWP 510 to TWP 505 (50 Ave) 2055 2056 $6,335,300 100% 0% 100% - $0 TPT-17-ULT RR 244 - 4 lane - TWP 505 (50 Ave) to HWY 625 2055 2056 $6,357,000 100% 0% 100% - $0 TPT-18-ULT TWP 505 (50 Ave) - 4 lane - West of RR 243 2041 2042 $8,128,850 100% 0% 0% - $8,128,850 TPT-19-ULT TWP 505 (50 Ave) - 4 lane - East of RR 244 2053 2054 $8,128,850 100% 0% 100% - $0 ARTERIAL INTERSECTION IMPROVEMENTS - 25 Year Revolving Timeframe TPT-01-UPG RR 243 and HWY 625 2026 2027 $2,800,000 100% 0% 0% - $2,800,000 TPT-02-UPG RR 243 and TWP 510 2025 2026 $2,660,000 100% 0% 0% - $2,660,000 TPT-03-UPG HWY 625 and 50 Street 2026 2027 $2,800,000 100% 0% 0% - $2,800,000 TPT-04-UPG TWP 510 and 50 Street 2029 2030 $2,900,000 21% 79% 0% - $596,040 TPT-05-UPG RR 243 and 50 Avenue 2032 2033 $2,768,949 100% 0% 0% - $2,768,949 TPT-06-UPG RR 241 and HWY 625 2027 2028 $2,900,000 100% 0% 0% - $2,900,000 TPT-11-ULT RR 244 and HWY 625 2045 2046 $2,900,000 100% 0% 0% - $2,900,000 TPT-01-ULT RR 243 and HWY 625 2045 2046 $2,922,780 100% 0% 0% - $2,922,780 TPT-03-ULT 50 Street and HWY 625 2045 2046 $2,922,780 100% 0% 0% - $2,922,780 TPT-12-ULT RR 241 and 50 Avenue 2045 2046 $2,768,949 100% 0% 0% - $2,768,949 TPT-06-ULT RR 241 and HWY 625 2045 2046 $2,922,780 100% 0% 0% - $2,922,780 TPT-20-ULT RR 244 and TWP 505 2055 2056 $2,900,000 100% 0% 100% - $0 Bylaw 1086-2025 Page 16 Fire Services Infrastructure - Map Bylaw 1086-2025 Page 17 Fire Services Infrastructure - Project List Project ID Project Description Estimated Project Cost ($2025) Estimated Construction Years Assumed Grants ($2025) Benefit to New Development Benefit to Existing Off-site Levy Recoverable FIRE-01 Fire Hall #2 (North Elan) $15,014,780 2028-2031 $0 78% 22% $11,711,529 FIRE-02 Multi-Service Facility - Fire Portion (Innovation Park) $12,526,465 2032-2035 $0 37% 63% $4,634,792 Bylaw 1086-2025 Page 18 SCHEDULE "B" OFF-SITE LEVY RATES Off-Site Levy Rates for Each Infrastructure Category (per hectare) Infrastructure Category 2025 Rate 2026 Rate 2027 Rate * Sanitary Basin 1 $15,687 $16,314 $16,967 Basin 2 $10,858 $11,292 $11,744 Basin 3 $0 $0 $0 Basin 4 $0 $0 $0 Basin 5 $1,185 $1,233 $1,282 Basin 6 $27,964 $29,082 $30,245 Basin 7 $0 $0 $0 Basin 8 $738 $767 $798 Basin 9 $0 $0 $0 Water Water Distribution $9,727 $10,116 $10,521 Water Supply & Storage $111,212 $115,661 $120,287 Transportation Arterial Corridor Improvements & Arterial Intersections $121,443 $126,300 $131,352 Fire Fire Services $19,940 $20,738 $21,568 Total Off-Site Levy Rates (per hectare) Basin 2025 Total Levy Rate 2026 Total Levy Rate 2027 Total Levy Rate * Basin 1 $278,009 $289,129 $300,695 Basin 2 $273,180 $284,107 $295,472 Basin 3 $262,322 $272,815 $283,728 Basin 4 $0 $0 $0 Basin 5 $263,507 $274,048 $285,010 Basin 6 $290,285 $301,897 $313,973 Basin 7 $262,322 $272,815 $283,728 Basin 8 $263,060 $273,582 $284,526 Basin 9 $262,322 $272,815 $283,728 * If this Bylaw is not amended before 2028 to update the Off-Site Levy rates, then starting on January 1, 2028, the 2027 rates will be increased by 2% (two percent) to account for inflation. Off-Site Levy Background Report 2025 August 18, 2025 This report is prepared for the sole use of City of Beaumont. No representations of any kind are made by Urban Systems Ltd. or its employees to any party with whom Urban Systems Ltd. does not have a contract. © 2025 URBANSYSTEMS®. File: 2720.0021.01 Off-Site Levy Background Report Prepared for: City of Beaumont 5600 - 49 Street Beaumont, AB T4X 1A1 Attention: Trevor Moningka, M.Eng., P.Eng., Long Range Engineer Prepared By: Urban Systems Ltd. Suite 200, 10345 - 105 Street NW, Edmonton, AB T5J 1E8 | T: 780.430.4041 Off-site Levy Background Report 2025 | i Table of Contents 1. Introduction ........................................................................................................ 1 1.1. Purpose ............................................................................................................... 1 2. Guiding Principles ............................................................................................... 3 3. Anticipated Growth ............................................................................................. 4 3.1. Growth Forecast ................................................................................................... 4 3.2. Growth Pattern ..................................................................................................... 5 3.3. Determination of Infrastructure Needs .................................................................... 7 4. Off-Site Levy Program ......................................................................................... 9 4.1. Infrastructure Included ........................................................................................10 4.2. Allocation of Benefit .............................................................................................10 4.3. Recovery Approach ..............................................................................................11 4.3.1. City-Wide Vs Area Specific...............................................................................11 4.3.2. Build-Out (Capacity) Vs. Revolving ...................................................................11 4.4. Project Costs .......................................................................................................13 4.4.1. Contingencies ................................................................................................13 4.4.2. Grants ...........................................................................................................13 4.5. Application of Levy to Lands .................................................................................13 5. Infrastructure Categories ..................................................................................15 5.1. Sanitary Projects .................................................................................................15 5.2. Water Projects.....................................................................................................19 5.2.1. Water Distribution ..........................................................................................19 5.2.2. Water Supply & Storage ..................................................................................23 5.3. Transportation Projects ........................................................................................28 5.4. Fire Services........................................................................................................33 6. Levy Calculation ................................................................................................35 6.1. Levy Fund Balances .............................................................................................35 6.2. Financial Model Inputs .........................................................................................36 6.3. Payment Timing ..................................................................................................37 6.4. Off-Site Levy Updates ..........................................................................................37 6.5. Cash Flow Snapshot .............................................................................................37 6.6. Summary of Off-Site Levy Rates ...........................................................................39 Off-site Levy Background Report 2025 | ii Tables Table 1: Annual Population and Development Area Projections .................................. 4 Table 2: Population and Development Area Projections Over a 25 Year Period ............ 4 Table 3: Anticipated Growth (Gross Development Area in Ha) by Levy Basin ............... 5 Table 4: Infrastructure Master Plans/Studies ............................................................ 7 Table 5: Summary of Cost Recovery Method by Infrastructure Type ......................... 12 Table 6: Contingency Assumptions ........................................................................ 13 Table 7: Sanitary Basin Adjustments ...................................................................... 16 Table 8: Summary of Sanitary Collection Projects ................................................... 17 Table 9: Summary of Water Distribution Projects .................................................... 21 Table 10: Summary of Water Supply and Storage Projects....................................... 26 Table 11: Summary of Transportation Projects ....................................................... 31 Table 12: Summary of Projects - Fire Services ....................................................... 33 Table 13: Debenture Payments on Existing Debt and Project Repayments ................ 36 Table 14: Levy Fund Balances ............................................................................... 36 Table 15: Financial Model Inputs ........................................................................... 36 Table 16: Sanitary Accounts .................................................................................. 37 Table 17: Water Accounts ..................................................................................... 38 Table 18: Transportation Upgrades ........................................................................ 38 Table 19: Fire Services ......................................................................................... 38 Table 20: Summary of Off-Site Levy Rates ............................................................ 39 Table 21: Off-Site Levy Totals for 2025, 2026, & 2027 ............................................ 39 Appendices Appendix A: Project Benefit Allocation Calculations Appendix B: Cash Flow Summaries Off-site Levy Background Report 2025 | 1 1. Introduction Over the past decade, the City of Beaumont has emerged as one of the fastest-growing cities in the Edmonton Metropolitan Region, experiencing rapid population growth and significant housing and development pressures across multiple growth areas. This expansion has necessitated updates to the City's overall servicing strategy to ensure sustainable infrastructure development. To ensure the long-term vibrancy of the community, the City continues to develop a strategic and proactive approach to growth. The City annexed lands to the north in 2016, further accommodating its burgeoning population and development needs, and is currently working to develop a Comprehensive Growth Framework to support decision-making regarding future growth in the community. The City's Off-Site Levy (OSL) program enables the collection of levies from new development to ensure growth pays their fair share for infrastructure. The OSL program was last updated in 2019, and since then the City has continued to grow, and refine its understanding of the scale, approach and costs of infrastructure required to service new development going forward. 1.1. Purpose This Background Report forms part of the Off-Site Levy Bylaw and provides information to support the 2025 update of the City of Beaumont's OSL program and Bylaw, including the approach and methods used to calculate off-site levies in Beaumont. The intent of the 2025 OSL Bylaw update is to update growth assumptions and associated infrastructure needs, along with reconciling levy reserve balances and financial inputs since the last update. As part of this update, a working group of development industry representatives including BILD Members and other local developers was continuously engaged to obtain feedback throughout the process. This included several meetings and follow-up communications, alongside City of Beaumont staff. The community at large will be consulted prior to adoption of the 2025 OSL Bylaw through a non-statutory public hearing process. The Background Report is intended to provide transparency to Council, the development industry and the general public regarding future infrastructure needs along with the levy calculation and contribution requirements from the City and the development industry, ensuring alignment with the Municipal Government Act (MGA) and Provincial Off-Site Levies Regulation. Off-site Levy Background Report 2025 | 2 The report is divided into four sections: 1. Off-Site Levy Guiding Principles: Articulates the City's objectives related to the advancement of growth-related infrastructure. 2. Anticipated Growth: Defines assumptions related to development area needs based on population and pattern of growth and references the studies completed by the City to identify future growth-related infrastructure. 3. Off-Site Levy Program: Describes what infrastructure is to be included within the off- site levy program and provides details on project costs, project timing, allocation of benefit and cost recovery methodology. 4. Levy Calculation: Articulates cash flow components (inflation, carrying costs, and interest earned) utilized within the off-site levy calculation and provides the resulting off- site levy rates for associated benefiting areas. Off-site Levy Background Report 2025 | 3 2. Guiding Principles Off-site levies are one tool that can be utilized by municipalities to fund growth-related infrastructure. Off-site levy programs, like other programs utilized by municipalities, should reflect broader objectives of the community. The following Guiding Principles align with the City's strategic plans and serve as a benchmark to evaluate future servicing and financing decisions for growth-related infrastructure. Balance financial risk to minimize the burden on the Municipality while stimulating sustainable long-term growth. Financial Sustainability - Municipalities generally assume financial risks when they undertake capital projects to accommodate new development. This is especially true when long-term borrowing is used to finance capital projects that are required by new development prior to having collected the necessary off-site levies and other funds from developers to pay for these projects. While the City feels that it is important to take measures to support and stimulate growth, to take on all risk for development, assumes too much financial risk for the City. The levy program should be resilient to changing economic conditions, align with the City's overall financial framework and contribute to financially sustainable delivery of growth-related infrastructure. Ensure equitable allocation of capital project costs between existing users and new development. Fairness & Equity - Infrastructure costs should be paid by those that benefit. Where a service provides broad based benefits to the community as a whole, the municipality contributes to the funding of the project. However, where a service provides a benefit only to new development, the costs should be borne by development. Ensure a balance between the principle of equity and administrative efficiency. Administrative Efficiency -If the principle of equity was the only consideration, complex financial management and cost recovery procedures can result. The complexities of delivering an equitable levy program should be balanced with the ability to administer the program efficiently, and cost effectively. Demonstrate accountability through clearly articulated growth-infrastrcuture needs and financial contributions. Transparency -Transparency is essential for ensuring that the calculation, allocation, and utilization of levies are clear and understandable to all stakeholders. The City aims to foster trust and demonstrate accountability, ensuring that developers and residents are well-informed about the financial contributions required for growth-related infrastructure. Off-site Levy Background Report 2025 | 4 3. Anticipated Growth 3.1. Growth Forecast Growth assumptions are made to understand what infrastructure needs are required to service future growth. These assumptions include population growth within the City and the anticipated location of this growth. Projections for growth are based on the most recent EMRB population forecasts from present to 2050, with an assumed consistent annual growth thereafter. The population growth was converted based on people per unit assumptions utilized in the Utility Master Plan to determine future unit demands. Density targets and a net residential to gross developable area factor (based on ratios in approved ASP areas) were then utilized to determine the anticipated gross developable growth (residential & non-residential). In addition to this growth, assumed build out of the Innovation Park Industrial lands over the next 25 years was added to establish total annual growth. These growth projections have been utilized within the off-site levy update and are captured in Table 1 below. Table 1: Annual Population and Development Area Projections Year Population Growth Residential & Non-Residential Gross Development Area (Ha) Industrial Gross Development Area (Ha) Total Gross Development Area (Ha) 2025-2029 4,346 100 23 123 2030-2034 3,860 89 23 112 2035-2039 4,033 93 23 116 2040-2044 4,115 94 23 118 2045-2049 3,927 90 23 113 2050-2090 34,005 781 - 781 Total 54,285 1,246 115 1,362 Table 2: Population and Development Area Projections Over a 25 Year Period Year Population Growth Anticipated Gross Development Area (Ha) 2025 - 2049 21,064 580.95 Off-site Levy Background Report 2025 | 5 3.2. Growth Pattern The forecasted growth in conjunction with the location of growth (i.e., growth pattern) determines the City's infrastructure needs to support future growth. A core goal of the City's Municipal Development Plan is to ensure growth occurs in a logical and financially sustainable manner. Figure 1 displays the anticipated areas of future growth within the City over the next 25 years. These areas have been identified based on approved planned lands, logical servicing sequencing, and input from the development community. Table 3 provides the assumed distribution of development across the various levy basins over the 25-year development window (2025-2049). This anticipated growth informs the assumed rate of growth and subsequent anticipated levy collections in the financial model calculations. Basin 4 is anticipated to develop within the next 20 years, and growth rates were based on input from City staff. Basin 6 (Industrial Lands) is anticipated to develop within the next 25 years, and an average annual growth rate was applied. The remaining developable lands for each year were split between Basins 1, 2, 3, 5, 7, 8 and 9 based on anticipated development staging as noted by the City. Table 3: Anticipated Growth (Gross Development Area in Ha) by Levy Basin Year Basin Total Total Paying Levies* 1 2 3 4 5 6 7 8 9 2025-2029 26 18 - 6 37 23 14 - - 123 117 2030-2034 17 19 17 11 24 23 2 - - 112 101 2035-2039 18 22 21 5 26 23 - - - 116 111 2040-2044 19 23 21 3 27 23 - - - 118 114 2045-2049 24 28 4 1 33 23 - - - 113 113 2050-2090 234 48 - - 242 - - 177 80 781 781 Total 339 158 64 25 388 115 16 115 115 1,362 1,336 * It should be noted that a separate agreement is in place for the lands within Basin 4, and as such off-site levies are not assessed on this basin. See Figure 1 for basin boundaries. \\usl.urban-systems.com\projects\Projects_EDM\2720\0021\01\D-Design\GIS\Projects\Pro_Projects\2720_0021_01_Beaumont_OffSiteLevy_v6_20250409.aprx\Beaumont_Generalized_Growth_20250401 Last updated by sdeboerfuller on Tuesday, May 13, 2025 at 10:59 AM Last exported by sdeboerfuller on Tuesday, May 13, 2025 10:59 AM Last printed by sdeboerfuller on Monday, September 25, 2017 11:46 AM FIGURE 1 Growth Areas Coordinate System: The accuracy & completeness of information shown on this drawing is not guaranteed. It will be the responsibility of the user of the information shown on this drawing to locate & establish the precise location of all existing information whether shown or not. NAD 1983 3TM 114 1:22,000 Scale: Data Sources: - Data provided by 0 250 500 750 Meters (When plotted at 11"x17") ¯ · ¯ N Legend Project #: Author: Checked: Status: Revision: Date: 2025 / 5 / 13 A Final AR SDF 2720.0021.01 INNOVATION PARK ASP BEAU VAL ASP BEAU MEADOWS ASP ELAN ASP LE REVE ASP LAKEVIEW ASP TRIOMPHE ESTATES ASP FOREST HEIGHTS ASP GLENBRAE MEADOWS ASP 814 HWY 50 AVE TWP RD 505 TWP RD 510 814 HWY RGE RD 243 50 ST 50 ST 63 AVE 46 AVE RGE RD 245 625 HWY RGE RD 241 RGE RD 244 TWP RD 505 RGE RD 240 RGE RD 243 Approved Planned Areas (ASPs, NSPs) Anticipated 25 year Growth City Boundary Off-site Levy Background Report 2025 | 7 3.3. Determination of Infrastructure Needs The following studies, plans and technical documents outline various growth-related infrastructure and servicing strategies based on projected and anticipated growth. The infrastructure required to service future growth identified in these reports informs the infrastructure included in the City's Off-Site Levy (OSL) off-site levy program. Notably since the last OSL update, the City updated the Utility and Stormwater Management Master Plan (UMP). The rate of growth used in developing the UMP is more rapid than the growth needs outlined above. Timing for the projects identified in the below plans and studies have been updated to reflect the assumed growth timing. Table 4: Infrastructure Master Plans/Studies Water Supply, Treatment, and Distribution - Utility and Stormwater Management Master Plan (UMP), August 2023 Sanitary Collection - Utility and Stormwater Management Master Plan, August 2023 Transportation Arterial Corridor Improvement Projects: - Township Road 510 Preliminary Design Report (Range Road 241 to Range Road 244), June 2022 - Transportation Master Plan, 2020 - Range Road 241 Improvements (Secondary Highway 625 to Township Road 510), December 2015 - Range Road 243 Improvements (Secondary Highway 625 to Township Road 510), December 2015 - City of Beaumont 2025 Approved Budget: 2025-2029 Financial and Capital Plans, December 2024 Arterial Intersection Upgrades: - Elan 2 NSP Traffic Impact Assessment, May 2024 - Innovation Park ASP Transportation Impact Assessment, June 2024 - Revised Final Transportation Impact Assessment Le Reve Commercial Development, December 2022 - Township Road 510 Preliminary Design Report (Range Road 241 to Range Road 244), June 2022 - Traffic Impact Assessment Lakeview Area Structure Plan Update, September 2019 - Elan Neighbourhood One Transportation Impact Assessment, June 2018 - City of Beaumont 2025 Approved Budget: 2025-2029 Financial and Capital Plans, December 2024 Fire Services - City of Beaumont 2025 Approved Budget: 2025-2029 Financial and Capital Plans, December 2024 - Protective Services Long-Term Plan, October 2024 Off-site Levy Background Report 2025 | 8 Infrastructure needs for future development are well outlined in the above documents. Even so, many things can influence the City's ability to predict, with certainty, the future cost and methods of infrastructure servicing to service new development. Factors such as construction cost inflation, the order of development, technology, and environmental factors and requirements can influence the cost and shape of the infrastructure required to support growth. Fairness in the off-site levy is best achieved through keeping the necessary assessments of future infrastructure needs current. Off-site Levy Background Report 2025 | 9 4. Off-Site Levy Program Off-site levies (OSLs) are primarily utilized as a funding tool for major off-site growth-related infrastructure and offer an effective mechanism to ensure costs are shared equitably with those that benefit. Infrastructure included, allocation of benefit, and the approach to cost recovery are key components of any OSL program. The method to determine these key components can vary across infrastructure categories and communities based on a community's context and broader objectives. The methodology for determining off-site levies is based on a structured approach designed to ensure cost recovery for growth-related municipal infrastructure. This process involves analyzing projected growth, identifying necessary infrastructure projects, and developing a financial model aligned with the City's long-term development strategy. The diagram below shows the levy program. The assessment of infrastructure needs considers servicing requirements, sequencing efficiency, and the City's financial capacity. The allocation of costs accounts for benefits to existing residents, and differentiates between projects that provide City-wide benefits and those that are site- specific. Off-site Levy Background Report 2025 | 10 4.1. Infrastructure Included Infrastructure that can be considered for inclusion in an OSL program is guided by the Municipal Government Act. The City has included major off-site infrastructure related to water, sanitary, transportation, and fire services projects within their program. Actual infrastructure included in each infrastructure category is captured below in Section 5.0. 4.2. Allocation of Benefit Allocation of benefit refers to the proportionate distribution of infrastructure costs to those that benefit from the infrastructure. Allocation of benefit can occur between existing development and new development, between multiple new developments and even contemplate multi-jurisdictional allocation, depending on the infrastructure. In determining the allocation of benefit to existing development or users of the infrastructure, several factors are considered, including capacity, compliance (i.e., upgrades to meet regulatory requirements), and condition (i.e., asset renewal of an existing system, and/or improved levels of service). In the case of replacements and upgrades, if the existing infrastructure is new, relative to its design life, the City may not consider the project as providing a benefit to existing users as the infrastructure would not need to be rehabilitated for several years in the future. In general, for water and wastewater infrastructure, allocation of benefit is determined based on the portion of the capacity of the upgrade that is required to serve existing development and the portion of capacity allocated to growth. For transportation and fire services projects, the benefit allocation can be challenging, as capacity allocations are more difficult to determine. It is anticipated as new development occurs, the level of service of existing roads and intersections will decline. As improvements to the transportation network are implemented (e.g., road widening, upgraded intersection controls, etc.) the level of service for existing users of the transportation network is expected to marginally improve for a period of time and then diminish again as growth persists. Water Sanitary Transportation Fire Services Off-site Levy Background Report 2025 | 11 For fire services projects, allocation is based on the ratio of existing to new development area serviced by each facility in the ultimate build out scenarios. 4.3. Recovery Approach When determining how infrastructure costs included in the OSL program will be recovered (i.e., paid back) from those that benefit there are generally two pieces that require consideration: 1) the application of the levy (i.e., City-wide or to specific area); and 2) timing of recovery. 4.3.1. City-Wide Vs Area Specific Cost recovery of off-site levy infrastructure projects can be calculated and applied on a city-wide basis or on a specific benefitting area or catchment basis. The decision to apply levies by either of these methods depends on the infrastructure projects and whether the benefit of the projects can be definitively allocated to a specific area. For the purposes of the current levy calculations, a City-wide levy collection method has been selected for all types of water, transportation and fire services infrastructure as it provides the most equitable approach, offers increased funding flexibility to support orderly and timely construction of projects and provides a consistent levy for the development industry. The benefiting area is considered the City boundary. The levy for sanitary infrastructure is calculated on an area-specific basis. The City is divided into basins for sanitary collection. These basins are demarcated based on anticipated areas of benefit for the specific infrastructure, in alignment with the sanitary servicing outlined in the Utility Master Plan (UMP). 4.3.2. Build-Out (Capacity) Vs. Revolving Generally, off-site levies are determined under one of two cost recovery program methodologies: a capacity-based program or a revolving program. The Build-Out (Capacity-Based) approach considers all land is potentially available for development and the total infrastructure required to support full build- out. Under this model, costs are distributed based on the ultimate capacity or infrastructure needed to accommodate future growth. This approach is best suited for well-defined build-out areas where a limited number of projects are necessary to provide essential services. One of the key advantages of this method is its predictability. Since it considers all required projects required to service an area, developers and municipal planners can anticipate long-term costs with more certainty. However, this approach may require significant upfront Off-site Levy Background Report 2025 | 12 funding, as infrastructure must often be built in advance of full development. Depending on the speed of growth and benefiting area, it can also be a significant period of time to recover these upfront costs. As such, financing costs and carrying capacity should be considerations to ensure the long-term financial sustainability of the program. The Revolving Timeframe approach considers development within a set number of years and includes only those projects that are anticipated to start within that timeframe. Rather than planning for full build-out from the beginning, the Revolving Timeframe allows for periodic reassessments and adjustments based on changing development trends. The intent of this approach is to provide greater adaptability and to help minimize fluctuations in levies over time. It is particularly useful when many projects are planned over a long horizon and where development patterns may shift. By spreading costs across a revolving window, municipalities can ensure that infrastructure funding aligns more closely with actual growth, reducing the financial burden on early-stage developers. For Beaumont's levy calculations, a 25-year revolving program is used, as this typically matches the long-term infrastructure planning horizon for the City. For the current levy calculations, the approach for each infrastructure type is indicated in Table 5. Table 5: Summary of Cost Recovery Method by Infrastructure Type Area Timeframe Infrastructure Type City- Wide Area Specific Build-Out (Capacity) Revolving Timeframe Sanitary Collection Projects Water Distribution Projects Water Supply & Storage Projects Transportation Projects Fire Services Projects Off-site Levy Background Report 2025 | 13 4.4. Project Costs 4.4.1. Contingencies Estimated costs for projects are based on the technical studies and documents referenced in Section 3.3. Project costs were inflated from the time of original estimate to 2025 dollars, and the following principles were applied as it pertains to contingencies: - Engineering and Design Fees were estimated at 15% of base capital costs, unless more detailed and up to date information on engineering and design costs was available. - Contingency was applied based on the Class of project cost estimate, as follows: Table 6: Contingency Assumptions Class of Estimate Percentage Applied Class A 10% Class B 20% Class C 25% Class D/E 30% 4.4.2. Grants The City may receive project specific and/or discretionary grants that may be utilized to help fund off-site levy projects. Application of all project specific grants within the off-site levy program will be applied to the total project costs. Both the City and developers will share the benefit of these grants based upon the allocation of benefit of the project. Of note, discretionary grant funding provided to the City such as through the Local Government Fiscal Framework or otherwise are part of the City's funds and may be applied to the City's portion of off-site levy project costs, at the City's discretion. At the time of this update, the City has not identified any secured grants for the off-site infrastructure projects included in the levy program. 4.5. Application of Levy to Lands The land area to be charged levies includes all lands within the development area, excluding Environmental Reserve, Municipal Reserve, and Arterial Road Right-of-Way (the area of land required to provide additional road right-of-way for divided rural arterial roads, above the width of a major residential collector; based on City standards this is 31.0 m). Basin 4 is also excluded from the application of the levies. Off-site Levy Background Report 2025 | 14 Of note, the Leblanc Canal runs through several future development areas, and is currently defined as PUL (public utility lot). PUL lands are normally required as part of servicing future development, and included in the land area charged a levy. However in Beaumont's context, the Leblanc Canal functions more similar to an environmental feature that cannot be moved or developed otherwise, and is pre-existing. As such, PUL lands for the Leblanc Canal only will be excluded from levy charge calculations for developments. This total area to be charged levies is termed the Gross Developable Area, as referred to in Section 3.0 above, and is used in estimating levy collections in the financial model. Off-site Levy Background Report 2025 | 15 5. Infrastructure Categories 5.1. Sanitary Projects Based on the nature of the City's wastewater system and in accordance with the Utility Master Plan (UMP), sanitary collection trunks extend from new developments and flow to lift stations which then pump the effluent to the South East Regional Trunk Sewer South (SERTS) pipeline that moves the effluent out of the City. Infrastructure Included - Lift Stations: The ultimate design of lift stations that service new growth areas. All three anticipated lift stations in Beaumont service catchments solely consisting of new development areas. Developers are anticipated to build the majority of this infrastructure in stages as developments come online and trigger incremental upgrades to the lift stations. As such, interim lift station costs are not included in the levy, as they are considered part of development. However, moving forward, proportionate elements of interim lift station infrastructure that meet the ultimate design criteria are included (i.e. building, wet wells). - Sanitary Collection Extensions: For the purposes of the off-site levy, regional trunks are defined as those with a diameter greater than or equal to 525mm based on the City's network assessment. The upsizing portion of regional trunks (the incremental cost to increase the pipe size beyond 300mm as per the UMP) is included in the levy and are allocated to specific basins. Sanitary collection extensions less than 525mm in diameter are excluded from the off-site levy program as they are anticipated to mostly be delivered by the development community as growth progresses, and will serve fewer developments compared to the larger diameter mains. It is acknowledged sanitary collection extensions between 300mm and 525mm in many cases will be oversizing required by the developer; these infrastructure contributions will be addressed outside of the off-site levy program. Allocation of Benefit All projects included within the levy are new additions to the network that only provide benefit to new development. As these projects consist of brand-new infrastructure to add additional capacity for growth, 100% of the benefit is allocated to growth for all sanitary projects. Off-site Levy Background Report 2025 | 16 Recovery Approach Site Specific Benefit for the identified sanitary projects is delineated on a catchment (i.e., basin) basis. All sanitary projects are site-specific and provide a direct benefit to growth within the basin. Build-Out (Capacity) The basins have been adjusted based on the updated sanitary servicing outlined in the UMP. Table 7 below shows the previous levy basins in comparison to the new ones outlined, and Figure 2 shows the updated basin boundaries. The total remaining benefiting hectares to contribute to the area-specific projects is outlined in Table 3, above. Table 7: Sanitary Basin Adjustments As the sanitary collection infrastructure required to service the full build-out of growth in each catchment is well understood, and is required to be constructed in advance of future development occurring, a Build-Out (Capacity) approach to cost recovery has been applied. Grants There are no grants assumed for sanitary projects. 2019 Off-Site Levy Sanitary Basins 2025 Off-Site Levy Sanitary Basins Basin 1 Basin 1 Basin 2 Basin 3 Basin 7 Basin 9 Basin 2 Basin 5 Basin 8 Basin 3 Basin 5 Basin 4 Basin 4 Basin 5 Basin 6 Off-site Levy Background Report 2025 | 17 Table 8: Summary of Sanitary Collection Projects Project ID Project Description Estimated Start Year Estimated End Year Estimated Project Cost ($2025) Class Estimate Allocation of Benefit to New Development Benefit to Existing Assumed Grants ($2025) Off-Site Levy Recoverable BASIN 1 - Build-Out (Capacity) SAN-02 675mm Sanitary Sewer - Upsizing Portion (Elan LS to SERTS) 2025 2026 $484,914 Class C 100% 0% - $484,914 SAN-08 675mm Sanitary Sewer - Upsizing Portion (Elan LS to TWP 510) 2041 2042 $502,233 Class D/E 100% 0% - $502,233 SAN-09 600mm Sanitary Sewer - Upsizing Portion (TWP 510 into N Annex Lands) 2041 2042 $327,130 Class D/E 100% 0% - $327,130 SAN-10 Elan Lift Station - Ultimate 2051 2052 $3,126,030 Class D/E 100% 0% - $3,126,030 BASIN 2 - Build-Out (Capacity) SAN-01 525mm Sanitary Sewer (along TWP 510 to service Le Reve) 2025 2026 $1,274,557 Actual Costs 100% 0% - $1,274,557 SAN-03 Le Reve Lift Station - Ultimate Upgrade 2051 2052 $55,620 Class B 100% 0% - $55,620 BASIN 5 - Build-Out (Capacity) SAN-05 675mm Sanitary Sewer - Upsizing Portion (NE Elan: TWP 505 to SERTS) 2030 2031 $803,572 Class D/E 100% 0% - $803,572 SAN-06 600mm/675mm Sanitary Sewer - Upsizing Portion (East Elan: South of TWP 505) 2051 2052 $625,302 Class D/E 100% 0% - $625,302 BASIN 6 - Build-Out (Capacity) SAN-04 Innovation Park Lift Station - Ultimate 2036 2037 $3,076,610 Class D/E 100% 0% - $3,076,610 BASIN 8 - Build-Out (Capacity) SAN-07 525mm Sanitary Sewer - Upsizing Portion (West Elan: South of SERTS) 2051 2052 $88,289 Class D/E 100% 0% - $88,289 \\usl.urban-systems.com\projects\Projects_EDM\2720\0021\01\D-Design\GIS\Projects\Pro_Projects\2720_0021_01_Beaumont_OffSiteLevy_v7_20250711.aprx\Beaumont_Generalized_Sanitary_Stagging_20250401 Last updated by sdeboerfuller on Friday, July 11, 2025 at 2:53 PM Last exported by sdeboerfuller on Friday, July 11, 2025 2:53 PM Last printed by sdeboerfuller on Monday, September 25, 2017 11:46 AM FIGURE 2 Off-Site Levy Projects Legend Coordinate System: The accuracy & completeness of information shown on this drawing is not guaranteed. It will be the responsibility of the user of the information shown on this drawing to locate & establish the precise location of all existing information whether shown or not. NAD 1983 3TM 114 1:22,000 Scale: Data Sources: - Data provided by 0 250 500 750 1,000 Meters (When plotted at 11"x17") ¯ · ¯ N Project #: Author: Checked: Status: Revision: Date: 2025 / 7 / 11 A Final AR SDF 2720.0021.01 L L L 1 4 5 6 3 9 7 2 8 SAN-06 SAN-05 SAN-07 SAN-09 SAN-08 SAN-02 ACRWC-WW-UPG-1 ACRWC-WW-ULT-UPG-1 SAN-01 SAN-03 SAN-10 SAN-04 Le Reve Lift Station Elan Lift Station Southlands Lift Station HWY 814 HWY 625 Range Road 240 Range Road 244 Range Road 242 Range Road 243 814 HIGHWAY 50 AVENUE TOWNSHIP ROAD 505 TOWNSHIP ROAD 510 814 HIGHWAY RANGE ROAD 243 50 STREET 50 STREET 63 AVENUE 46 AVENUE RANGE ROAD 245 625 HIGHWAY RANGE ROAD 241 RANGE ROAD 244 TOWNSHIP ROAD 505 RANGE ROAD 240 RANGE ROAD 243 L Proposed Lift Station Basin Boundary Sanitary Main(mm) 525mm 600mm 675mm Not in Levy Sanitary Off-site Levy Background Report 2025 | 19 5.2. Water Projects 5.2.1. Water Distribution Infrastructure Included The current water distribution system is an interlinked network of pipes that together provides necessary water pressure, fire flow distribution and water flow to deliver water to users and fill all water storage reservoirs in the City. Many municipalities determine a certain size of main within a development that would be the developer's sole responsibility to construct. Any pipe size installed above this base diameter is considered oversizing. Based on the work completed through the UMP and the City's General Development Standards, water distribution lines 300mm or less are generally required to service local developments. Lines greater than 300mm provide a distribution function that feeds the overall system, or more than one development. As such, water mains 300mm or less are considered developer constructed projects and not included in the off-site levy. Any pipes that are not dedicated supply lines that require oversizing are included within the levy. The incremental cost associated with increasing the pipe size greater than 300mm diameter is considered required to supply water beyond an individual development, and thus has been included in the off-site levy for new development. Allocation of Benefit All projects included within the levy are new infrastructure added to the network that only provide benefit to new development. These projects will add additional capacity for growth, and as such, are allocated 100% to growth. Recovery Approach City-Wide Projects related to water distribution benefit the broader system due to its looped nature and planned evolution of pressure zones and servicing strategy over time. All improvements will continue to be allocated City-wide. Revolving Timeframe As the water distribution network will be built out in tandem with developing growth areas, the exact progression and timing will vary with actual growth. As such, a revolving timeframe of 25 years is being utilized for water distribution projects. Off-site Levy Background Report 2025 | 20 Grants There are no grants assumed for water distribution projects. Off-site Levy Background Report 2025 | 21 Table 9: Summary of Water Distribution Projects Project ID Project Description Estimated Start Year Estimated End Year Estimated Project Cost ($2025) Class Estimate Benefit to New Development Benefit to Existing Benefit to Future Window Assumed Grants ($2025) Off-Site Levy Recoverable DISTRIBUTION (25 Year Revolving Timeframe) WAT-10 450mm Watermain - Upsizing Portion - NW Elan 2036 2037 $319,198 Class D/E 100% 0% - - $319,198 WAT-11 450mm Watermain - Upsizing Portion - NW Elan 2037 2038 $286,125 Class D/E 100% 0% - - $286,125 WAT-15 450mm Watermain - Upsizing Portion - SE Elan from 50th Ave 2051 2052 $605,554 Class D/E 100% 0% 100% - $0 WAT-17 450mm Watermain - Upsizing Portion - NW Elan from 50th Ave 2036 2037 $549,559 Class D/E 100% 0% - - $549,559 WAT-18 450mm Watermain - Upsizing Portion - TWP 510 connecting NW RPH 2042 2043 $912,523 Class D/E 100% 0% - - $912,523 WAT-23 450mm Watermain - Upsizing Portion - N Annex Lands from NW RPH 2051 2052 $1,132,192 Class D/E 100% 0% 100% - $0 WAT-24 450mm Watermain - Upsizing Portion - N Annex Lands 2051 2052 $199,057 Class D/E 100% 0% 100% - $0 WAT-25 450mm Watermain - Upsizing Portion - SE Elan 2051 2052 $253,205 Class D/E 100% 0% 100% - $0 WAT-28 450mm Watermain - Upsizing Portion - N Annex Lands 2055 2056 $283,048 Class D/E 100% 0% 100% - $0 Note: Projects highlighted grey are not within the 25-year revolving window, and as such, are not included in the current levy. \\usl.urban-systems.com\projects\Projects_EDM\2720\0021\01\D-Design\GIS\Projects\Pro_Projects\2720_0021_01_Beaumont_OffSiteLevy_v6_20250409.aprx\Beaumont_Generalized_Water_Distribution_20250513 Last updated by sdeboerfuller on Tuesday, May 13, 2025 at 7:17 PM Last exported by sdeboerfuller on Tuesday, May 13, 2025 7:17 PM Last printed by sdeboerfuller on Monday, September 25, 2017 11:46 AM FIGURE 3 Off-Site Levy Projects Legend Coordinate System: The accuracy & completeness of information shown on this drawing is not guaranteed. It will be the responsibility of the user of the information shown on this drawing to locate & establish the precise location of all existing information whether shown or not. NAD 1983 3TM 114 1:22,000 Scale: Data Sources: - Data provided by 0 250 500 750 Meters (When plotted at 11"x17") ¯ · ¯ N Project #: Author: Checked: Status: Revision: Date: 2025 / 5 / 13 A Final AR SDF 2720.0021.01 B WAT-18 WAT-11 WAT-10 WAT-17 WAT-23 WAT-25 WAT-15 WAT-28 WAT-24 Northwest Reservoir & Pumphouse Centre-Ville Booster Station St.Vital Reservoir & Pumphouse Main Reservoir & Pumphouse HWY 814 HWY 625 Range Road 240 Range Road 244 Range Road 242 Range Road 243 814 HIGHWAY 50 AVENUE TOWNSHIP ROAD 505 TOWNSHIP ROAD 510 814 HIGHWAY RANGE ROAD 243 50 STREET 63 AVENUE 46 AVENUE RANGE ROAD 245 625 HIGHWAY RANGE ROAD 241 RANGE ROAD 244 TOWNSHIP ROAD 505 RANGE ROAD 240 RANGE ROAD 243 B Booster Station Reservoir Watermain (mm) 450 Water Distribution Off-site Levy Background Report 2025 | 23 5.2.2. Water Supply & Storage Infrastructure Included Major water supply lines that directly feed reservoirs or provide dedicated supply to growth areas from existing reservoirs are included within this infrastructure category. Based on the City's context, water supply projects generally include pipe diameters greater than 600mm. The full scope of these projects has been included in the levy, as these projects would not be built to service individual developments and instead benefit the broader network (compared to the upsizing approach used for water distribution mains). The exception is for the supply lines along 50th Ave (projects WAT-8 and WAT-16) that extend to service new development; only the upsizing portion beyond 300mm for these two projects has been included as the initial phases are anticipated to service individual development areas and are expected developer contributions. For storage, the City has also included the full cost of all future reservoirs, pumphouse projects and booster stations within the levy to support future development. Allocation of Benefit When a water supply project provides capacity and/or improved supply to existing development, that portion of the project is allocated as benefit to the existing City-at-large. The required water supply projects in the levy, except for one, are solely required to support new development and, thus allocation of benefit is 100% to new development. - Project WAT-03 (400mm supply from Main Pumphouse to St. Vital Pumphouse) provides benefit to existing development as it allows for redundant supply to the St. Vital Pumphouse so that both facilities can service the main pressure zone. The calculation approach to determine the benefit allocation between new and existing development was based on land areas of existing development versus future development within the main pressure zone at full build-out of the City. See Appendix A for calculation detail. Due to the layout of the City's water systems and the work done in the UMP, the storage and facility upgrades required serve several development areas around the City, and are triggered by new development. As such it can be said that any project costs for additions of reservoirs or pumps required for new development are to be allocated 100% to new growth. However, there are two projects where there is noted benefit to the existing development and allocation has been calculated accordingly. - WAT-01 Main Pumphouse Upgrades: A portion of the project costs are attributed to renewal of existing assets, primarily related to pump replacements and electrical Off-site Levy Background Report 2025 | 24 upgrades. In this instance, the rehabilitation cost of the project was calculated, and remaining costs have been allocated to benefit growth. See Appendix A for details. - WAT-05 Centre-Ville Booster Station: Currently, there are areas in the City of Beaumont operating outside of the City's acceptable pressure range of 350-550 kPa. Some areas experiencing low pressure issues, primarily in Centre-Ville, while high pressures are being seen in the west and north of the City and within new development areas (Elan and NW Annexation Lands). The construction of this booster station would result in the creation of a new pressure zone that will resolve the issues in Centre-Ville and in the north and west development areas. A calculation based on land area serviced in the proposed new pressure zones was done to understand the allocation of benefit to existing areas versus new development areas. See Appendix A for calculation detail. Recovery Approach City-Wide Projects related to water supply and storage benefit the entire system due to its looped nature and planned evolution of pressure zones and servicing strategy over time. As the City develops, it intends to establish two new pressure zones (Northwest Pressure Zone and Centre-Ville Pressure Zone) in addition to the Main Pressure Zone that currently exists. As development comes online and the new pressure zones are introduced, progression of the servicing strategy results in water storage projects benefiting various areas across the City. All improvements will continue to be allocated City-wide. Build-Out (Capacity) The water supply and storage projects in the City's UMP are limited in number, well understood, and clearly communicate the progression of water supply requirements over time, and incremental staging and ultimate storage volumes required for build-out of the City. The planned Northwest Reservoir and Pumphouse will be a new facility with substantial cost, with a sizable portion of that cost being required beyond 25 years. Most of the projects included will be required upfront, with future development beyond 25 years benefiting from the infrastructure. Recovering with full build-out in mind versus a revolving timeframe helps to avoid large fluctuations in levy rates as the reservoir and future upgrades are included in the levy from the outset, and is considered the most equitable recovery approach. Off-site Levy Background Report 2025 | 25 Grants At this time no grants have been received for water supply or storage projects. The City has recently submitted a project specific grant for the St. Vital Reservoir Expansion (WAT-09) from the Canada Housing and Infrastructure Fund (CHIF). The project specific grant would be 50% of the total project costs if successful. Given there are no guarantees of receiving a grant for this project, total project costs have been assumed. The outcomes of the grant application will be reflected in the next levy update. Off-site Levy Background Report 2025 | 26 Table 10: Summary of Water Supply and Storage Projects Project ID Project Description Estimated Start Year Estimated End Year Estimated Project Cost ($2025) Class Estimate Benefit to New Development Benefit to Existing Assumed Grants ($2025) Off-Site Levy Recoverable WATER SUPPLY - Build-Out (Capacity) WAT-03 400mm Supply Feed - MPR to SVPR 2025 2026 $5,124,147 Class C 74% 26% - $3,799,177 WAT-04 600/350mm Supply Feeds - West and East from SVPR 2027 2028 $3,350,004 Class C 100% 0% - $3,350,004 WAT-06 600mm Watermain - Upgrade - SVRP to MPR 2029 2030 $4,876,427 Class D/E 100% 0% - $4,876,427 WAT-07 600mm Watermain - Upgrade - 50th Ave, MRP to RR 243 2031 2032 $4,673,371 Class D/E 100% 0% - $4,673,371 WAT-08 600mm Watermain - Upsizing - 50th Ave, West of RR 243 2036 2037 $2,230,081 Class D/E 100% 0% - $2,230,081 WAT-16 600mm Watermain - Upsizing - 50th Ave, Central Elan 2036 2037 $726,234 Class D/E 100% 0% - $726,234 WAT-18A 750mm Watermain - Supply from NW Reservoir 2043 2044 $384,576 Class D/E 100% 0% - $384,576 WAT-20 Supply to NW Reservoir and Pumphouse 2043 2044 $5,800,000 Class D/E 100% 0% - $5,800,000 WATER STORAGE - Build-Out (Capacity) WAT-01 Main PH Upgrades 2025 2026 $1,203,751 Class A 43% 57% - $516,960 WAT-02 St.Vital PH Upgrades - New Pumps 2026 2027 $2,213,037 Class C 100% 0% - $2,213,037 WAT-05 Centre-Ville Booster Station & Isolation Valves 2028 2029 $1,446,007 Class D/E 59% 41% - $853,497 WAT-09 St.Vital Reservoir Expansion 2028 2029 $16,000,000 Class D/E 100% 0% - $16,000,000 WAT-12 Main PH&R - Pump Upgrades 2037 2038 $1,230,644 Class D/E 100% 0% - $1,230,644 WAT-13 St.Vital Reservoir Expansion 2038 2039 $7,691,525 Class D/E 100% 0% - $7,691,525 WAT-14 St.Vital Pump Upgrades 2039 2040 $1,230,644 Class D/E 100% 0% - $1,230,644 WAT-19 Northwest Reservoir and Pumphouse - Phase 1 2043 2044 $20,563,581 Class C 100% 0% - $20,563,581 WAT-21 Isolation Valve Installation 2044 2045 $846,068 Class D/E 100% 0% - $846,068 WAT-22 Isolation Valve Installation 2051 2052 $153,831 Class D/E 100% 0% - $153,831 WAT-26 Main Pump Upgrades 2046 2047 $876,834 Class D/E 100% 0% - $876,834 WAT-27 St.Vital Pump Upgrades 2047 2048 $876,834 Class D/E 100% 0% - $876,834 WAT-29 St.Vital Reservoir Expansion 2051 2052 $7,691,525 Class D/E 100% 0% - $7,691,525 WAT-30 Northwest Reservoir and Pumphouse - Ultimate Build Out 2062 2063 $28,219,940 Class C 100% 0% - $28,219,940 \\usl.urban-systems.com\projects\Projects_EDM\2720\0021\01\D-Design\GIS\Projects\Pro_Projects\2720_0021_01_Beaumont_OffSiteLevy_v6_20250409.aprx\Beaumont_Generalized_Water_Supply_20250513 Last updated by sdeboerfuller on Tuesday, May 13, 2025 at 7:23 PM Last exported by sdeboerfuller on Tuesday, May 13, 2025 7:23 PM Last printed by sdeboerfuller on Monday, September 25, 2017 11:46 AM FIGURE 4 Off-Site Levy Projects Legend Coordinate System: The accuracy & completeness of information shown on this drawing is not guaranteed. It will be the responsibility of the user of the information shown on this drawing to locate & establish the precise location of all existing information whether shown or not. NAD 1983 3TM 114 1:22,000 Scale: Data Sources: - Data provided by 0 250 500 750 Meters (When plotted at 11"x17") ¯ · ¯ N Project #: Author: Checked: Status: Revision: Date: 2025 / 5 / 13 A Final AR SDF 2720.0021.01 B WAT-18A WAT-04 WAT-04 WAT-04 WAT-16 WAT-08 WAT-07 WAT-03 WAT-06 22 22 21 21 21 21 21 21 21 21 21 21 21 05 05 05 05 05 05 05 05 05 05 13 30 29 19 26 27 20 12 13 14 09 05 02 01 02 Northwest Reservoir & Pumphouse Centre-Ville Booster Station St.Vital Reservoir & Pumphouse Main Reservoir & Pumphouse HWY 814 HWY 625 Range Road 240 Range Road 244 Range Road 242 Range Road 243 814 HIGHWAY 50 AVENUE TOWNSHIP ROAD 505 TOWNSHIP ROAD 510 814 HIGHWAY RANGE ROAD 243 50 STREET 63 AVENUE 46 AVENUE RANGE ROAD 245 625 HIGHWAY RANGE ROAD 241 RANGE ROAD 244 TOWNSHIP ROAD 505 RANGE ROAD 240 RANGE ROAD 243 B Booster Station Reservoir Water Valves Watermain (mm) 350 400 600 750 Not in Levy Water Supply and Storage Off-site Levy Background Report 2025 | 28 5.3. Transportation Projects Generally, it is difficult to isolate specific development areas that benefit from transportation infrastructure. Lower classification roads are intended to provide access to properties while higher classification roads are intended to move traffic through development areas. Higher classification roads provide more regional or City-wide benefit than lower classification roads. Infrastructure Included Major Residential Collector roadways are typically recognized as the highest classification of roadway that is the responsibility of the local developer as their function is to provide access to properties (direct benefit to adjacent properties). As such, the funding and construction of Major Residential Collectors is the requirement of local or boundary developers and is not included in the off-site levy. Developers and existing development are required to contribute to roads abutting their developments (boundary roads), ensuring that those adjacent to developing areas share the responsibility for necessary infrastructure improvements. For example, for an upgrade of an existing road to a Major Residential Collector standard which is abutted by existing development on one side and new development on the other; the City would contribute proportionally to cover the benefit provided to existing development. This could be accomplished using a variety of mechanisms through the development agreement, or otherwise. Beyond this, Divided Arterials, arterial-to-arterial intersections and arterial-to-highway intersections are typically recognized as the classification of roadway that provide benefit both to the local/boundary developer but are also seen to have a regional benefit. As such, the following infrastructure has been included: - Arterial Corridor Improvements (Upsizing) Given the regional nature of arterial corridors, capacity improvements to bring a Major Residential Collector to a Divided Arterial standard provides benefit to the overall transportation network. The upsizing of arterials from a Major Residential Collector standard to a Rural or Urban Divided Arterial is included in the off-site levy. These projects involve the construction of additional lanes and associated required right-of-way, as defined in the City of Beaumont's Engineering and Design Standards. This upgrade typically consists of adding the final two lanes (including but not limited to grading, storm, road structure and paving, curb and gutter, etc.). Note the urbanization of corridors such as the addition of pathways on both sides would be contributions from adjacent Off-site Levy Background Report 2025 | 29 developers and not considered part of the off-site levy project. Upsizing projects often also require the acquisition of extra land to meet the ultimate standard for Divided Arterial Roads. The difference in right-of-way widths between a Divided Rural Arterial and a Major Residential Collector as outlined in the City's Engineering and Design Standards was used to estimate the additional land required to accommodate the ultimate cross-section. A linear meter land cost rate was established using recent land costs provided by the City and applied to the overall project cost, and is included in the levy program. - Arterial Intersections Intersection improvements are necessary to ensure that these intersections align with the enhanced arterial standard, facilitating smoother traffic flow and greater capacity. The upsizing portion of arterial-to-arterial and arterial-to-highway intersections are included within the levy. Allocation of Benefit The expansion of corridors and intersection geometry from Major Residential Collectors to Divided Arterials is solely a capacity improvement to accommodate future growth, and as such, is 100% allocated to growth. In other terms, without growth, no capacity improvements to the existing transportation network would be required. One exception is TPT-04-UPG, which notes a benefit allocation to existing; calculation details can be found in Appendix A. Finally, some of the transportation projects along roads that straddle the City boundary (for example RR 241 and RR 244) should explore contributions from regional partners. Neighbouring areas are also planning for and experiencing growth that would benefit from these road upgrades, and as such recovery of provided benefit should be sought in future updates. Recovery Approach City-Wide Corridor and intersection oversizing to a Divided Arterial standard provides benefit to the overall transportation system in the City; as such, all projects are allocated City-Wide. Revolving Timeframe There are currently several transportation projects identified in the next 25-year window; the rate and pattern of new development will ultimately dictate the precise timing of these projects. Due to the number of projects within this infrastructure category and the potential variations in project timing as growth progresses, a revolving timeframe of 25 years has been applied. Off-site Levy Background Report 2025 | 30 Grants No grants have been assumed for transportation projects. Off-site Levy Background Report 2025 | 31 Table 11: Summary of Transportation Projects Project ID Project Description Estimated Start Year Estimated End Year Estimated Project Cost ($2025) Class Estimate Benefit to New Development Benefit to Existing Benefit to Future Window Assumed Grants ($2025) Off-Site Levy Recoverable ARTERIAL CORRIDOR IMPROVEMENTS - 25 Year Revolving Timeframe TPT-07-ULT TWP 510 - 4 lane - RR 243 to 50th St 2051 2052 $12,045,427 Class D/E 100% 0% 100% - $0 TPT-08-ULT RR 243 - 4 lane - TWP 510 to 50th Ave 2032 2033 $11,461,335 Class D/E 100% 0% - - $11,461,335 TPT-09-ULT TWP 510 - 4 lane - 50th St to RR 241 2051 2052 $12,342,662 Class D/E 100% 0% 100% - $0 TPT-10-ULT TWP 510 - 4 lane - RR 244 to RR 243 2041 2042 $12,761,254 Class D/E 100% 0% - - $12,761,254 TPT-13-ULT RR 241 - 4 lanes - 50 Ave to HWY 625 2043 2044 $11,848,467 Class D/E 100% 0% - - $11,848,467 TPT-14-ULT RR 241 - 4 lanes - TWP 510 to 50 Ave 2051 2052 $10,044,150 Class D/E 100% 0% 100% - $0 TPT-15-ULT RR 243 - 4 lane - 50th Ave to HWY 625 2055 2056 $11,472,185 Class D/E 100% 0% 100% - $0 TPT-16-ULT RR 244 - 4 lane - TWP 510 to TWP 505 (50 Ave) 2055 2056 $6,335,300 Class D/E 100% 0% 100% - $0 TPT-17-ULT RR 244 - 4 lane - TWP 505 (50 Ave) to HWY 625 2055 2056 $6,357,000 Class D/E 100% 0% 100% - $0 TPT-18-ULT TWP 505 (50 Ave) - 4 lane - West of RR 243 2041 2042 $8,128,850 Class D/E 100% 0% - - $8,128,850 TPT-19-ULT TWP 505 (50 Ave) - 4 lane - East of RR 244 2053 2054 $8,128,850 Class D/E 100% 0% 100% - $0 ARTERIAL INTERSECTION IMPROVEMENTS - 25 Year Revolving Timeframe TPT-01-UPG RR 243 and HWY 625 2026 2027 $2,800,000 Class C 100% 0% - - $2,800,000 TPT-02-UPG RR 243 and TWP 510 2025 2026 $2,660,000 Class C 100% 0% - - $2,660,000 TPT-03-UPG HWY 625 and 50 Street 2026 2027 $2,800,000 Class C 100% 0% - - $2,800,000 TPT-04-UPG TWP 510 and 50 Street 2029 2030 $2,900,000 Class D/E 21% 79% - - $596,040 TPT-05-UPG RR 243 and 50 Avenue 2032 2033 $2,768,949 Class D/E 100% 0% - - $2,768,949 TPT-06-UPG RR 241 and HWY 625 2027 2028 $2,900,000 Class D/E 100% 0% - - $2,900,000 TPT-11-ULT RR 244 and HWY 625 2045 2046 $2,900,000 Class D/E 100% 0% - - $2,900,000 TPT-01-ULT RR 243 and HWY 625 2045 2046 $2,922,780 Class D/E 100% 0% - - $2,922,780 TPT-03-ULT 50 Street and HWY 625 2045 2046 $2,922,780 Class D/E 100% 0% - - $2,922,780 TPT-12-ULT RR 241 and 50 Avenue 2045 2046 $2,768,949 Class D/E 100% 0% - - $2,768,949 TPT-06-ULT RR 241 and HWY 625 2045 2046 $2,922,780 Class D/E 100% 0% - - $2,922,780 TPT-20-ULT RR 244 and TWP 505 2055 2056 $2,900,000 Class D/E 100% 0% 100% - $0 Note: Projects highlighted grey are not within the 25-year revolving window, and as such, are not included in the current levy. \\usl.urban-systems.com\projects\Projects_EDM\2720\0021\01\D-Design\GIS\Projects\Pro_Projects\2720_0021_01_Beaumont_OffSiteLevy_v6_20250409.aprx\Beaumont_Generalized_Transportation_Stagging_20250401 Last updated by sdeboerfuller on Tuesday, May 13, 2025 at 11:15 AM Last exported by sdeboerfuller on Tuesday, May 13, 2025 11:14 AM Last printed by sdeboerfuller on Monday, September 25, 2017 11:46 AM FIGURE 5 Off-Site Levy Projects Coordinate System: The accuracy & completeness of information shown on this drawing is not guaranteed. It will be the responsibility of the user of the information shown on this drawing to locate & establish the precise location of all existing information whether shown or not. NAD 1983 3TM 114 1:22,000 Scale: Data Sources: - Data provided by 0 250 500 750 Meters (When plotted at 11"x17") ¯ · ¯ N Legend Project #: Author: Checked: Status: Revision: Date: 2025 / 5 / 13 A Final AR MYL 2720.0021.01 TPT-17-ULT TPT-15-ULT TPT-13-ULT TPT-14-ULT TPT-16-ULT TPT-10-ULT TPT-07-ULT TPT-08-ULT TPT-09-ULT1 TPT-18-ULT TPT-19-ULT TPT-06-ULT TPT-03-ULT TPT-01-ULT TPT-12-ULT TPT-11-ULT TPT-06-UPG TPT-05-UPG TPT-04-UPG TPT-20-ULT TPT-02-UPG TPT-03-UPG TPT-01-UPG Range Road 240 Range Road 244 Range Road 242 Range Road 243 HWY 814 HWY 625 814 HIGHWAY 50 AVENUE TOWNSHIP ROAD 505 TOWNSHIP ROAD 510 814 HIGHWAY RANGE ROAD 243 50 STREET 50 STREET 63 AVENUE 46 AVENUE RANGE ROAD 245 625 HIGHWAY RANGE ROAD 241 RANGE ROAD 244 TOWNSHIP ROAD 505 RANGE ROAD 240 RANGE ROAD 243 Road/Intersection Upgrade Transportation Off-site Levy Background Report 2025 | 33 5.4. Fire Services Infrastructure Included The costs associated with new firehall facilities and the required land are included. At this time, expenses for fire apparatus are not included. Additionally, only the portion of costs related to the fire services within the Multi-Service Facility are included. Allocation of Benefit The allocation is determined on a project-by-project basis, with a designated percentage assigned to growth. This benefit assigned to growth is based on the proportion of future growth area compared to existing development within the ultimate service basin (see Figure 6). Both fire services projects will ultimately provide benefit to existing and future development areas. As such, this approach reflects ultimate benefit allocation for each facility. See calculation in Appendix A. Recovery Approach City-Wide The fire services projects in the levy are allocated City-wide. Improvements made at full build- out will benefit the entire City. Build-Out (Capacity) Cost recovery for growth-related expenses is based on the ultimate City build-out. The improvements required for the City's full buildout are well-defined and breaking these into incremental improvements would be challenging, as it would be difficult to determine which areas benefit and which do not. As such, the capacity (buildout) approach has been utilized. Grants No grants have been assumed for fire services projects. Table 12: Summary of Projects - Fire Services Project ID Project Description Estimated Project Cost ($2025) Class Estimate Estimated Construction Years Assumed Grants ($2025) Benefit to New Development Benefit to Existing Off-Site Levy Recoverable FIRE-01 Fire Hall #2 (North Elan) $15,014,780 Class C 2028-2031 $0 78% 22% $11,711,529 FIRE-02 Multi- Service Facility - Fire Portion (Innovation Park) $12,526,465 Class C 2032-2035 $0 37% 63% $4,634,792 \\usl.urban-systems.com\projects\Projects_EDM\2720\0021\01\D-Design\GIS\Projects\Pro_Projects\2720_0021_01_Beaumont_OffSiteLevy_v7_20250711.aprx\Beaumont_Generalized_FireServices_20250411 Last updated by sdeboerfuller on Monday, August 18, 2025 at 1:12 PM Last exported by sdeboerfuller on Monday, August 18, 2025 1:12 PM Last printed by sdeboerfuller on Monday, September 25, 2017 11:46 AM Fire Services Coordinate System: The accuracy & completeness of information shown on this drawing is not guaranteed. It will be the responsibility of the user of the information shown on this drawing to locate & establish the precise location of all existing information whether shown or not. NAD 1983 3TM 114 1:22,000 Scale: Data Sources: - Data provided by Town of Beaumont 0 250 500 750 Meters (When plotted at 11"x17") ¯ · ¯ N Legend Project #: Author: Checked: Status: Revision: Date: 2025 / 8 / 18 A Final AR SDF 2720.0021.01 FIRE-01 Firehall 2 Firehall 1 (To Be Decommissioned When MSF is Built) FIRE-02 Multi-Service Facility 814 HWY 50 AVE TWP RD 505 TWP RD 510 814 HWY RGE RD 243 50 ST 50 ST 63 AVE 46 AVE RGE RD 245 625 HWY RGE RD 241 RGE RD 244 TWP RD 505 RGE RD 240 RGE RD 243 Fire Service Locations Ultimate Service Basins City Boundary Off-Site Levy Projects FIGURE 06 Off-site Levy Background Report 2025 | 35 6. Levy Calculation The off-site levy calculation is based on a cash flow projection that incorporates assumptions for levy collections, project expenditures, interest rate returns, borrowing costs and inflation to determine levy rates. All costs are then allocated across the determined benefiting area. This cash flow approach ensures full cost recovery to support fairness and equity of the levy rates over time. Calculation of the off-site levy charges is based on four key components and can be simplified as follows: OFF −SITE LEVY RATE = LEVY ACCOUNT STARTING BALANCE + COLLECTION EXPENDITURES + INTEREST EARNED CARRY COSTS HECTARES OF DEVELOPMENT Anticipated growth (hectares of development) and project expenditures (costs and timing) are captured in Sections 3.0 and 5.0 of this report. The overview of the remaining components that are a part of the calculation are discussed in this section. 6.1. Levy Fund Balances To properly account for previous levy collections and levy project costs incurred to-date, off-site levy fund balances are brought forward into the levy calculation model. This ensures that funds collected to-date contribute to future projects, while any deficits observed are fully recovered by the City as levies are collected. In Beaumont's context no deferred or carry-forward revenue is expected in the levy accounts. However, the City has advanced debentures for water supply and storage projects in the past. As such, the levy update accounts for the remaining principal and interest payments in the appropriate accounts. Below is a summary of the future debenture payments on existing debt and anticipated project repayments that are included in the levy calculation. Off-site Levy Background Report 2025 | 36 Table 13: Debenture Payments on Existing Debt and Project Repayments Fund Debenture or Project Payment Amount Timing Water Distribution 2009 Water Programs Draw 1 $ 37,833.72 2025 - 2029 2009 Water Programs Draw 2 $ 15,278.06 $ 7,639.03 2025 - 2029 2030 400mm Watermain (prior OSL Project 12) $1,909,718.65 2026 Water Storage & Supply 2009 Reservoir Phase 2 Draw 1 $ 72,120.16 2025 - 2030 2009 Reservoir Phase 2 Draw 2 $ 55,431.60 2025 - 2030 The status of each of the infrastructure category fund balances as of December 24, 2024 is displayed in Table 14 below. Note, fire services is a new levy, and as such, is starting with a fund balance of zero. Table 14: Levy Fund Balances Infrastructure Category Fund Balance (December 31, 2024) Sanitary $ 1,471,696.45 Water - $ 1,920,033.13 Transportation $ 4,729,867.33 Fire Services $ 0.00 6.2. Financial Model Inputs Financial model inputs include interest earned, carrying costs and inflation. When a projected positive fund balance occurs, interest earned is applied to the positive balance. Conversely, when a fund balance is negative (e.g., the City front-ends infrastructure prior to collecting enough funds to cover the project costs) a borrowing cost is applied to the negative balance. An annual inflation rate is applied to future project costs and to levy collections separately. The following are the assumptions used in the model and are based on current and historical trends: Table 15: Financial Model Inputs Input Percentage Interest Earned on Positive Fund Balances 2.0% Debt Cost on Negative Fund Balances 4.4% Inflation Rate 4% for the first 2 years, 2% thereafter Off-site Levy Background Report 2025 | 37 6.3. Payment Timing The financial model for determining levies must also account for the timing of off-site levy payments. The City is shifting to a two-year payment schedule, with the initial 50% of off-site levy payments due prior to subdivision endorsement or release of a development permit, and the second payment of the remaining 50% due one year thereafter. 6.4. Off-Site Levy Updates The off-site levies will be periodically reviewed and updated. This ensures the City is meeting their obligations as laid out in the MGA. Minor updates include updates to fund balances, interest and borrowing costs, project costs, received grants, and timing updates. Major off-site levy Bylaw updates are the result of a significant shift in methodology or substantial changes to anticipated project lists. Periodic updates will occur to ensure levy information remains current and to help ensure fairness and equity. Off-Site Levy Bylaw updates may occur to all infrastructure types or to only one infrastructure type at a time. 6.5. Cash Flow Snapshot Future account balances capture all anticipated revenues, expenditures for project costs after accounting for annual inflation, interest earned, and carrying costs from January 1, 2025 onward. The duration of the calculation is based on the specific recovery methodology discussed in Section 6.0. The below tables provide a snapshot of the anticipated cash flows, summary tables for each infrastructure category are provided in Appendix B. Table 16: Sanitary Accounts Basin 1 Basin 2 Basin 5 Basin 6 Basin 8 Starting Balance (Jan 1, 2025) $211,399 $211,399 $1,048,898 $0 $0 Future Project Costs $6,928,002 $1,394,054 $1,952,936 $3,863,632 $149,222 Future Anticipated Interest Earned $225,238 $0 $329,847 $182,646 $0 Future Anticipated Borrowing Costs $5,156,832 $1,868,623 $389,857 $608,337 $192,875 Total Amount to be Recovered $11,648,196 $3,051,278 $964,047 $4,289,322 $342,097 Anticipated Levy Revenue $11,648,196 $3,051,278 $964,047 $4,289,322 $342,097 Off-site Levy Background Report 2025 | 38 Table 17: Water Accounts Distribution Supply & Storage Starting Account Balance (Jan 1, 2025) - $640,011 - $1,280,022 Future Project Costs $2,748,026 $171,133,335 Debenture Payments on Existing Debt $2,182,917 $765,311 Future Anticipated Interest Earned $0 $0 Future Anticipated Borrowing Costs $1,612,588 $134,602,289 Total Amount to be Recovered $7,183,542 $307,780,956 Anticipated Levy Revenue $7,183,542 $307,780,956 Table 18: Transportation Upgrades Transportation Upgrades Starting Account Balance (Jan 1, 2025) $ 4,729,867 Future Project Costs $96,814,824 Future Anticipated Interest Earned $4,219,427 Future Anticipated Borrowing Costs $1,823,599 Total Amount to be Recovered $89,689,130 Anticipated Levy Revenue $89,689,130 Table 19: Fire Services Fire Services Starting Account Balance (Jan 1, 2025) $0 Future Project Costs $18,291,992 Future Anticipated Interest Earned $46,939 Future Anticipated Borrowing Costs $36,940,297 Total Amount to be Recovered $55,185,351 Anticipated Levy Revenue $55,185,351 Off-site Levy Background Report 2025 | 39 6.6. Summary of Off-Site Levy Rates The following levy calculations are based on assumptions provided in this report. The levies will be effective as of the passing of the Bylaw. Table 20: Summary of Off-Site Levy Rates Infrastructure Category Off-Site Levy 2025 Off-Site Levy 2026 Off-Site Levy 2027 Sanitary Basin 1 $15,687 $16,314 $16,967 Basin 2 $10,858 $11,292 $11,744 Basin 3 $0 $0 $0 Basin 4 $0 $0 $0 Basin 5 $1,185 $1,233 $1,282 Basin 6 $27,964 $29,082 $30,245 Basin 7 $0 $0 $0 Basin 8 $738 $767 $798 Basin 9 $0 $0 $0 Water Water Distribution $9,727 $10,116 $10,521 Water Supply & Storage $111,212 $115,661 $120,287 Transportation Arterial Corridor Improvements & Arterial Intersections $121,443 $126,300 $131,352 Fire Fire Services $19,940 $20,738 $21,568 Table 21: Off-Site Levy Totals for 2025, 2026, & 2027 Already Basin 2025 Levy Total 2026 Levy Total 2027 Levy Total Basin 1 $278,009 $289,129 $300,695 Basin 2 $273,180 $284,107 $295,472 Basin 3 $262,322 $272,815 $283,728 Basin 4 - - - Basin 5 $263,507 $274,048 $285,010 Basin 6 $290,285 $301,897 $313,973 Basin 7 $262,322 $272,815 $283,728 Basin 8 $263,060 $273,582 $284,526 Basin 9 $262,322 $272,815 $283,728 APPENDIX A: BENEFIT ALLOCATION CALCULATIONS Off-site Levy Background Report 2025 | 1 PROJECT BENEFIT ALLOCATIONS - SUMMARIZED Background To provide additional information and ensure the calculation of Beaumont's off-site levies are transparent for the development community and all stakeholders, this memorandum provides a description of the allocation calculations for each of the off-site levy infrastructure projects that are not attributed 100% to new development. Allocation of Benefit Calculations Water Supply WAT-03 400mm Supply Feed - MPR to SVPR This project includes the installation of a supply feed from the Main Pumphouse and Reservoir to the St. Vital Pumphouse and Reservoir (SVPR). This project is required to provide a dedicated supply to the SVPR so it can also be used a primary pumpstation to service growth. This will also allow operational changes such that both pumphouses will be able to serve the main pressure zone and support ultimate build-out of the community. The calculation approach to determine the benefit to new versus existing development is based on the ratio of gross developable land area of existing development to new development, at full buildout. Per Table 1 in the Background Report, there are approximately 475 hectares of existing development, with 1362 hectares anticipated to be developed at full build-out. Applying a proportional allocation methodology, it is determined that 74% of this project will benefit new development. Benefit to Growth: - 1362 ha / (475 ha + 1362 ha) = 74% Water Storage WAT-01 Main Pumphouse Upgrades In conversations with the City of Beaumont on the scope of work defined for the Main Pumphouse Upgrades project (WAT-01 in the Off-Site Levy Program) scheduled for 2025, the following information was shared: - 70% of electrical upgrades are to renew old infrastructure. The remaining 30% is to accommodate the larger pumps being installed to support growth. Off-site Levy Background Report 2025 | 2 - Two of the five pumps are overly due for replacement based on their age (asset renewal), whereas the remaining three pumps are operating well but require upsizing due to the growth of the water system. The following cost breakdown was provided by the City for Project WAT-01. WAT-01 Project Component Cost Electrical Upgrades Scope Electrical Upgrade Construction Cost Estimate $ 429,330.00 Consulting Fees1 $ 228,500.00 IVIS Locates PO $ 22,321.00 IVIS CCTV PO $ 4,150.00 Sub-Total $ 684,301.00 Pump Upgrades Scope Pump Upgrade Construction Cost Estimate $ 494,450.00 Additional Consulting Tender Support and Construction Services1 $ 25,000.00 Sub-Total $ 519,450.00 Total Project Cost $ 1,203,751.00 1 Since engineering fees are already captured under the project costs above, no engineering fees have been applied in the OSL Model. The following shows the calculation for the benefit to new development: Electrical Upgrades Scope - 30% x $684,301 = $205,290.30 Pump Replacement Scope - 3/5 x $519,450 = $311,670.00 Total - $205,290.30 + $311,670.00 = $516,960.30 Benefit to Growth: - $516,960.30 / $1,203,751.00 = 43% Therefore, allocation of benefit to growth for Project WAT-01 is 43%. This is the value used in the OSL Model. Off-site Levy Background Report 2025 | 3 WAT-05 Centre-Ville Booster Station & Isolation Valves Per the 2023 Utility and Stormwater Management Master Plan (UMP), the City of Beaumont's acceptable pressure range is 350-550 kPa. In discussions with the City, they have confirmed the construction of the booster station will introduce a new pressure zone and increase the pressure in Centre-Ville, benefiting the existing development in that area. However, the introduction of this booster station also directly impacts existing and new development areas in Beaumont that currently have water pressures over 550kPa. The City currently adjusts the pressure to be higher in the overall system so that Centre-Ville has adequate pressure, but with the installation of this new booster station and isolation valves, overall operating pressures can be lowered so that the existing and new development areas currently experiencing high pressures will be within an acceptable range. This alleviates the need to install PRVs or find another solution to deal with the high-pressure issues in existing and new development areas, meaning there is a benefit to these neighbourhoods and new development areas in constructing the Centre-Ville booster station. The existing neighbourhoods experiencing high-water pressure are west of 57 Street before RR 243. As for new development areas, the Elan development area and quarter sections in the northwest would also experience higher water pressures without the construction of the Centre-Ville Booster Station, based on the elevation matching or being lower than the existing residential areas experiencing high water pressure issues. See Figure 2 below from the UMP. 2023 Utility and Stormwater Management Master Plan - Figure 2: Topography DEM Off-site Levy Background Report 2025 | 4 The existing residential areas benefiting from the Centre-Ville Booster Station project were identified and are highlighted in red on the map below. The new development areas benefiting from the Centre-Ville Booster Station (primarily consisting of the west and northwest development lands) were also identified and are highlighted in blue. Land areas were calculated for each See the markups of Figure 17 of the UMP below to see the total amount of hectares of each area highlighted. 2023 Utility and Stormwater Management Master Plan - Figure 2: Topography DEM From the figure above, the following table summarizes the areas and calculation for the benefit to growth of the Centre-Ville booster station. Existing Development Benefiting 252 ha Measured developed land area according to pressure map in UMP. Growth Areas Benefiting 363 ha Elan ASP land use statistics were utilized to get the net residential area. For the 1.5 quarter sections in the NW of the City, the conversion factor of net residential density to gross density of 48% from the growth calculations was used. Total Area Benefiting from Project 615 ha Off-site Levy Background Report 2025 | 5 Benefit to Growth - 363 ha / 615 ha = 59% Based on the philosophy applied, a 59% proportion of benefit to growth was applied for the Centre-Ville booster station project as part of the City's OSL update. Transportation TPT-04-UPG Township 510 & 50 Street Arterial Intersection Upgrade This project comprises interim upgrades to the intersection, focused on enhancing turning movements and addressing safety-related deficiencies. It is expected that these safety improvements and turning movements will also provide benefit to future development in the City. Based on the completed growth forecasts, approximately 123 hectares of new development are anticipated by 2030, in comparison to approximately 475 hectares of existing development when the project is initiated in 2029. Applying a proportional allocation methodology, it is determined that 21% of the project benefit should be attributed to new development. Benefit to Growth - 123 ha / (475 ha + 123 ha) = 21% Fire Services Projects FIRE-01 and FIRE-02 Benefit for each project is based on the ultimate service basins, as defined by the City. The percentage was determined based on the proportion of total new growth area in each ultimate service basin, compared to existing development. Using total land area was deemed most appropriate (versus population or gross development area of existing versus new), as the fire stations will ultimately provide services to all land areas, even if not a developed residential area (e.g. parks and open spaces, etc.). It should be noted the levy is applied using a City-Wide recovery approach; the service basins have only been used in the calculation of benefit to growth for each project. Project Total Basin Area (ha) Total Growth in Service Basin (ha) % Benefit to New Growth FIRE-01 1375 1075 78% FIRE-02 1054 388 37% APPENDIX B: CASH FLOW SUMMARIES Sanitary Basin 1 OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 Hectares Per Year 15,687 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] 2025 211,399 $ 242,457 $ 5.67 15,687 $ 44,448 $ 13,390 $ 268 $ - $ 13,657 $ 2026 13,657 $ 252,155 $ 6.60 16,314 $ 98,261 $ (140,237) $ - $ (6,170) $ (146,407) $ 2027 (146,407) $ - $ 3.77 16,967 $ 85,793 $ (60,614) $ - $ (2,667) $ (63,281) $ 2028 (63,281) $ - $ 5.14 17,306 $ 76,487 $ 13,205 $ 264 $ - $ 13,469 $ 2029 13,469 $ - $ 5.03 17,652 $ 88,933 $ 102,402 $ 2,048 $ - $ 104,450 $ 2030 104,450 $ - $ 5.32 18,005 $ 92,329 $ 196,779 $ 3,936 $ - $ 200,715 $ 2031 200,715 $ - $ 3.22 18,366 $ 77,489 $ 278,204 $ 5,564 $ - $ 283,768 $ 2032 283,768 $ - $ 2.77 18,733 $ 55,521 $ 339,289 $ 6,786 $ - $ 346,074 $ 2033 346,074 $ - $ 2.86 19,108 $ 53,266 $ 399,341 $ 7,987 $ - $ 407,328 $ 2034 407,328 $ - $ 2.78 19,490 $ 54,434 $ 461,761 $ 9,235 $ - $ 470,996 $ 2035 470,996 $ - $ 3.04 19,879 $ 57,302 $ 528,298 $ 10,566 $ - $ 538,864 $ 2036 538,864 $ - $ 3.83 20,277 $ 69,037 $ 607,901 $ 12,158 $ - $ 620,059 $ 2037 620,059 $ - $ 3.85 20,683 $ 78,642 $ 698,701 $ 13,974 $ - $ 712,675 $ 2038 712,675 $ - $ 3.76 21,096 $ 79,436 $ 792,111 $ 15,842 $ - $ 807,953 $ 2039 807,953 $ - $ 3.95 21,518 $ 82,164 $ 890,117 $ 17,802 $ - $ 907,919 $ 2040 907,919 $ - $ 4.13 21,949 $ 87,862 $ 995,781 $ 19,916 $ - $ 1,015,697 $ 2041 1,015,697 $ 569,269 $ 4.49 22,388 $ 95,609 $ 542,037 $ 10,841 $ - $ 552,878 $ 2042 552,878 $ 580,654 $ 4.07 22,835 $ 96,741 $ 68,965 $ 1,379 $ - $ 70,344 $ 2043 70,344 $ - $ 3.44 23,292 $ 86,513 $ 156,857 $ 3,137 $ - $ 159,994 $ 2044 159,994 $ - $ 3.32 23,758 $ 79,448 $ 239,442 $ 4,789 $ - $ 244,231 $ 2045 244,231 $ - $ 3.40 24,233 $ 80,621 $ 324,852 $ 6,497 $ - $ 331,349 $ 2046 331,349 $ - $ 5.01 24,718 $ 103,096 $ 434,445 $ 8,689 $ - $ 443,134 $ 2047 443,134 $ - $ 5.17 25,212 $ 126,987 $ 570,121 $ 11,402 $ - $ 581,524 $ 2048 581,524 $ - $ 5.03 25,716 $ 129,802 $ 711,326 $ 14,227 $ - $ 725,552 $ 2049 725,552 $ - $ 5.12 26,231 $ 131,871 $ 857,423 $ 17,148 $ - $ 874,571 $ 2050 874,571 $ - $ 7.28 26,755 $ 164,602 $ 1,039,173 $ 20,783 $ - $ 1,059,957 $ 2051 1,059,957 $ 2,615,578 $ 5.76 27,290 $ 176,030 $ (1,379,591) $ - $ (60,702) $ (1,440,293) $ 2052 (1,440,293) $ 2,667,889 $ 5.76 27,836 $ 158,798 $ (3,949,384) $ - $ (173,773) $ (4,123,157) $ 2053 (4,123,157) $ - $ 5.76 28,393 $ 161,974 $ (3,961,183) $ - $ (174,292) $ (4,135,475) $ 2054 (4,135,475) $ - $ 5.76 28,961 $ 165,213 $ (3,970,262) $ - $ (174,692) $ (4,144,954) $ 2055 (4,144,954) $ - $ 5.76 29,540 $ 168,518 $ (3,976,436) $ - $ (174,963) $ (4,151,399) $ 2056 (4,151,399) $ - $ 5.76 30,131 $ 171,888 $ (3,979,511) $ - $ (175,098) $ (4,154,610) $ 2057 (4,154,610) $ - $ 5.76 30,733 $ 175,326 $ (3,979,284) $ - $ (175,089) $ (4,154,373) $ 2058 (4,154,373) $ - $ 5.76 31,348 $ 178,832 $ (3,975,541) $ - $ (174,924) $ (4,150,464) $ 2059 (4,150,464) $ - $ 5.76 31,975 $ 182,409 $ (3,968,056) $ - $ (174,594) $ (4,142,650) $ 2060 (4,142,650) $ - $ 5.76 32,614 $ 186,057 $ (3,956,593) $ - $ (174,090) $ (4,130,683) $ 2061 (4,130,683) $ - $ 5.76 33,267 $ 189,778 $ (3,940,905) $ - $ (173,400) $ (4,114,305) $ 2062 (4,114,305) $ - $ 5.76 33,932 $ 193,574 $ (3,920,731) $ - $ (172,512) $ (4,093,243) $ 2063 (4,093,243) $ - $ 5.76 34,611 $ 197,445 $ (3,895,798) $ - $ (171,415) $ (4,067,213) $ 2064 (4,067,213) $ - $ 5.76 35,303 $ 201,394 $ (3,865,819) $ - $ (170,096) $ (4,035,915) $ 2065 (4,035,915) $ - $ 5.76 36,009 $ 205,422 $ (3,830,494) $ - $ (168,542) $ (3,999,035) $ 2066 (3,999,035) $ - $ 5.76 36,729 $ 209,530 $ (3,789,505) $ - $ (166,738) $ (3,956,243) $ 2067 (3,956,243) $ - $ 5.76 37,464 $ 213,721 $ (3,742,522) $ - $ (164,671) $ (3,907,193) $ 2068 (3,907,193) $ - $ 5.76 38,213 $ 217,995 $ (3,689,198) $ - $ (162,325) $ (3,851,522) $ 2069 (3,851,522) $ - $ 5.76 38,977 $ 222,355 $ (3,629,167) $ - $ (159,683) $ (3,788,851) $ 2070 (3,788,851) $ - $ 5.76 39,757 $ 226,802 $ (3,562,048) $ - $ (156,730) $ (3,718,778) $ 2071 (3,718,778) $ - $ 5.76 40,552 $ 231,338 $ (3,487,440) $ - $ (153,447) $ (3,640,887) $ 2072 (3,640,887) $ - $ 5.76 41,363 $ 235,965 $ (3,404,922) $ - $ (149,817) $ (3,554,739) $ 2073 (3,554,739) $ - $ 5.76 42,190 $ 240,685 $ (3,314,054) $ - $ (145,818) $ (3,459,872) $ 2074 (3,459,872) $ - $ 5.76 43,034 $ 245,498 $ (3,214,374) $ - $ (141,432) $ (3,355,807) $ 2075 (3,355,807) $ - $ 5.76 43,895 $ 250,408 $ (3,105,398) $ - $ (136,638) $ (3,242,036) $ Year Beginning Off-site Levy Fee Reserve Fund Closing Balance RF Interest Accural Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments Anticipated Fee Revenue Cumulative Surplus (Deficit) Sanitary Basin 1 OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 Hectares Per Year 15,687 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] Year Beginning Off-site Levy Fee Reserve Fund Closing Balance RF Interest Accural Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments Anticipated Fee Revenue Cumulative Surplus (Deficit) 2076 (3,242,036) $ - $ 5.76 44,773 $ 255,416 $ (2,986,620) $ - $ (131,411) $ (3,118,031) $ 2077 (3,118,031) $ - $ 5.76 45,668 $ 260,525 $ (2,857,506) $ - $ (125,730) $ (2,983,237) $ 2078 (2,983,237) $ - $ 5.76 46,581 $ 265,735 $ (2,717,501) $ - $ (119,570) $ (2,837,072) $ 2079 (2,837,072) $ - $ 5.76 47,513 $ 271,050 $ (2,566,022) $ - $ (112,905) $ (2,678,927) $ 2080 (2,678,927) $ - $ 5.76 48,463 $ 276,471 $ (2,402,456) $ - $ (105,708) $ (2,508,164) $ 2081 (2,508,164) $ - $ 5.76 49,433 $ 282,000 $ (2,226,164) $ - $ (97,951) $ (2,324,115) $ 2082 (2,324,115) $ - $ 5.76 50,421 $ 287,640 $ (2,036,474) $ - $ (89,605) $ (2,126,079) $ 2083 (2,126,079) $ - $ 5.76 51,430 $ 293,393 $ (1,832,686) $ - $ (80,638) $ (1,913,324) $ 2084 (1,913,324) $ - $ 5.76 52,458 $ 299,261 $ (1,614,064) $ - $ (71,019) $ (1,685,082) $ 2085 (1,685,082) $ - $ 5.76 53,507 $ 305,246 $ (1,379,836) $ - $ (60,713) $ (1,440,549) $ 2086 (1,440,549) $ - $ 5.76 54,577 $ 311,351 $ (1,129,198) $ - $ (49,685) $ (1,178,883) $ 2087 (1,178,883) $ - $ 5.76 55,669 $ 317,578 $ (861,305) $ - $ (37,897) $ (899,202) $ 2088 (899,202) $ - $ 5.76 56,782 $ 323,930 $ (575,272) $ - $ (25,312) $ (600,584) $ 2089 (600,584) $ - $ 5.76 57,918 $ 330,408 $ (270,176) $ - $ (11,888) $ (282,064) $ 2090 (282,064) $ - $ 1.99 59,076 $ 225,692 $ (56,372) $ - $ (2,480) $ (58,852) $ Project Costs Levy Collections Interest Earned Borrowing Costs 6,928,002 $ 11,648,196 $ 225,238 $ (5,156,832) $ Sanitary Basin 2 OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 Hectares Per Year 10,858 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] 2025 211,399 $ 637,278 $ 3.36 10,858 $ 18,237 $ (407,642) $ - $ (17,936) $ (425,578) $ 2026 (425,578) $ 662,770 $ 4.47 11,292 $ 43,490 $ (1,044,858) $ - $ (45,974) $ (1,090,832) $ 2027 (1,090,832) $ - $ 1.09 11,744 $ 31,645 $ (1,059,187) $ - $ (46,604) $ (1,105,791) $ 2028 (1,105,791) $ - $ 4.46 11,979 $ 33,082 $ (1,072,709) $ - $ (47,199) $ (1,119,909) $ 2029 (1,119,909) $ - $ 4.32 12,219 $ 53,108 $ (1,066,801) $ - $ (46,939) $ (1,113,740) $ 2030 (1,113,740) $ - $ 4.67 12,463 $ 55,510 $ (1,058,230) $ - $ (46,562) $ (1,104,792) $ 2031 (1,104,792) $ - $ 3.86 12,712 $ 53,601 $ (1,051,191) $ - $ (46,252) $ (1,097,443) $ 2032 (1,097,443) $ - $ 3.31 12,966 $ 45,994 $ (1,051,449) $ - $ (46,264) $ (1,097,713) $ 2033 (1,097,713) $ - $ 3.42 13,226 $ 44,127 $ (1,053,586) $ - $ (46,358) $ (1,099,944) $ 2034 (1,099,944) $ - $ 3.33 13,490 $ 45,093 $ (1,054,851) $ - $ (46,413) $ (1,101,264) $ 2035 (1,101,264) $ - $ 3.64 13,760 $ 47,470 $ (1,053,795) $ - $ (46,367) $ (1,100,162) $ 2036 (1,100,162) $ - $ 4.58 14,035 $ 57,191 $ (1,042,971) $ - $ (45,891) $ (1,088,861) $ 2037 (1,088,861) $ - $ 4.61 14,316 $ 65,148 $ (1,023,713) $ - $ (45,043) $ (1,068,757) $ 2038 (1,068,757) $ - $ 4.50 14,602 $ 65,806 $ (1,002,951) $ - $ (44,130) $ (1,047,081) $ 2039 (1,047,081) $ - $ 4.73 14,894 $ 68,065 $ (979,016) $ - $ (43,077) $ (1,022,092) $ 2040 (1,022,092) $ - $ 4.94 15,192 $ 72,786 $ (949,306) $ - $ (41,769) $ (991,076) $ 2041 (991,076) $ - $ 5.38 15,496 $ 79,203 $ (911,873) $ - $ (40,122) $ (951,995) $ 2042 (951,995) $ - $ 4.87 15,806 $ 80,142 $ (871,853) $ - $ (38,362) $ (910,215) $ 2043 (910,215) $ - $ 4.12 16,122 $ 71,669 $ (838,546) $ - $ (36,896) $ (875,442) $ 2044 (875,442) $ - $ 3.97 16,445 $ 65,816 $ (809,627) $ - $ (35,624) $ (845,250) $ 2045 (845,250) $ - $ 4.07 16,773 $ 66,788 $ (778,463) $ - $ (34,252) $ (812,715) $ 2046 (812,715) $ - $ 5.99 17,109 $ 85,406 $ (727,309) $ - $ (32,002) $ (759,311) $ 2047 (759,311) $ - $ 6.18 17,451 $ 105,198 $ (654,113) $ - $ (28,781) $ (682,894) $ 2048 (682,894) $ - $ 6.02 17,800 $ 107,529 $ (575,365) $ - $ (25,316) $ (600,681) $ 2049 (600,681) $ - $ 6.13 18,156 $ 109,243 $ (491,437) $ - $ (21,623) $ (513,061) $ 2050 (513,061) $ - $ 0.99 18,519 $ 64,813 $ (448,247) $ - $ (19,723) $ (467,970) $ 2051 (467,970) $ 46,538 $ 1.06 18,890 $ 19,122 $ (495,386) $ - $ (21,797) $ (517,183) $ 2052 (517,183) $ 47,469 $ 1.06 19,267 $ 20,128 $ (544,523) $ - $ (23,959) $ (568,482) $ 2053 (568,482) $ - $ 1.06 19,653 $ 20,531 $ (547,952) $ - $ (24,110) $ (572,061) $ 2054 (572,061) $ - $ 1.06 20,046 $ 20,942 $ (551,120) $ - $ (24,249) $ (575,369) $ 2055 (575,369) $ - $ 1.06 20,447 $ 21,360 $ (554,009) $ - $ (24,376) $ (578,385) $ 2056 (578,385) $ - $ 1.06 20,856 $ 21,788 $ (556,598) $ - $ (24,490) $ (581,088) $ 2057 (581,088) $ - $ 1.06 21,273 $ 22,223 $ (558,864) $ - $ (24,590) $ (583,454) $ 2058 (583,454) $ - $ 1.06 21,698 $ 22,668 $ (560,787) $ - $ (24,675) $ (585,461) $ 2059 (585,461) $ - $ 1.06 22,132 $ 23,121 $ (562,340) $ - $ (24,743) $ (587,083) $ 2060 (587,083) $ - $ 1.06 22,575 $ 23,584 $ (563,499) $ - $ (24,794) $ (588,293) $ 2061 (588,293) $ - $ 1.06 23,026 $ 24,055 $ (564,238) $ - $ (24,826) $ (589,065) $ 2062 (589,065) $ - $ 1.06 23,487 $ 24,536 $ (564,528) $ - $ (24,839) $ (589,368) $ 2063 (589,368) $ - $ 1.06 23,957 $ 25,027 $ (564,340) $ - $ (24,831) $ (589,171) $ 2064 (589,171) $ - $ 1.06 24,436 $ 25,528 $ (563,644) $ - $ (24,800) $ (588,444) $ 2065 (588,444) $ - $ 1.06 24,924 $ 26,038 $ (562,406) $ - $ (24,746) $ (587,152) $ 2066 (587,152) $ - $ 1.06 25,423 $ 26,559 $ (560,593) $ - $ (24,666) $ (585,259) $ 2067 (585,259) $ - $ 1.06 25,931 $ 27,090 $ (558,169) $ - $ (24,559) $ (582,728) $ 2068 (582,728) $ - $ 1.06 26,450 $ 27,632 $ (555,096) $ - $ (24,424) $ (579,521) $ 2069 (579,521) $ - $ 1.06 26,979 $ 28,185 $ (551,336) $ - $ (24,259) $ (575,595) $ 2070 (575,595) $ - $ 1.06 27,519 $ 28,748 $ (546,846) $ - $ (24,061) $ (570,908) $ 2071 (570,908) $ - $ 1.06 28,069 $ 29,323 $ (541,584) $ - $ (23,830) $ (565,414) $ 2072 (565,414) $ - $ 1.06 28,630 $ 29,910 $ (535,505) $ - $ (23,562) $ (559,067) $ 2073 (559,067) $ - $ 1.06 29,203 $ 30,508 $ (528,559) $ - $ (23,257) $ (551,815) $ 2074 (551,815) $ - $ 1.06 29,787 $ 31,118 $ (520,697) $ - $ (22,911) $ (543,608) $ 2075 (543,608) $ - $ 1.06 30,383 $ 31,740 $ (511,868) $ - $ (22,522) $ (534,390) $ Off-site Levy Fee Reserve Fund Closing Balance Year Beginning Anticipated Fee Revenue Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments RF Interest Accural Cumulative Surplus (Deficit) Sanitary Basin 2 OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 Hectares Per Year 10,858 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] Off-site Levy Fee Reserve Fund Closing Balance Year Beginning Anticipated Fee Revenue Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments RF Interest Accural Cumulative Surplus (Deficit) 2076 (534,390) $ - $ 1.06 30,990 $ 32,375 $ (502,015) $ - $ (22,089) $ (524,103) $ 2077 (524,103) $ - $ 1.06 31,610 $ 33,023 $ (491,080) $ - $ (21,608) $ (512,688) $ 2078 (512,688) $ - $ 1.06 32,242 $ 33,683 $ (479,005) $ - $ (21,076) $ (500,081) $ 2079 (500,081) $ - $ 1.06 32,887 $ 34,357 $ (465,724) $ - $ (20,492) $ (486,216) $ 2080 (486,216) $ - $ 1.06 33,545 $ 35,044 $ (451,172) $ - $ (19,852) $ (471,024) $ 2081 (471,024) $ - $ 1.06 34,216 $ 35,745 $ (435,279) $ - $ (19,152) $ (454,431) $ 2082 (454,431) $ - $ 1.06 34,900 $ 36,460 $ (417,971) $ - $ (18,391) $ (436,362) $ 2083 (436,362) $ - $ 1.06 35,598 $ 37,189 $ (399,173) $ - $ (17,564) $ (416,737) $ 2084 (416,737) $ - $ 1.06 36,310 $ 37,933 $ (378,804) $ - $ (16,667) $ (395,471) $ 2085 (395,471) $ - $ 1.06 37,036 $ 38,691 $ (356,780) $ - $ (15,698) $ (372,478) $ 2086 (372,478) $ - $ 1.06 37,777 $ 39,465 $ (333,013) $ - $ (14,653) $ (347,666) $ 2087 (347,666) $ - $ 1.06 38,533 $ 40,255 $ (307,411) $ - $ (13,526) $ (320,937) $ 2088 (320,937) $ - $ 1.06 39,303 $ 41,060 $ (279,878) $ - $ (12,315) $ (292,192) $ 2089 (292,192) $ - $ 1.06 40,089 $ 41,881 $ (250,312) $ - $ (11,014) $ (261,325) $ 2090 (261,325) $ - $ 6.00 40,891 $ 143,822 $ (117,504) $ - $ (5,170) $ (122,674) $ Project Costs Levy Collections Interest Earned Borrowing Costs 1,394,054 $ 3,051,278 $ - $ (1,868,623) $ Sanitary Basin 5 OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 1,185 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] 2025 1,048,898 $ - $ 7.90 1,185 $ 4,684 $ 1,053,583 $ 21,072 $ - $ 1,074,654 $ 2026 1,074,654 $ - $ 9.20 1,233 $ 10,356 $ 1,085,010 $ 21,700 $ - $ 1,106,711 $ 2027 1,106,711 $ - $ 5.26 1,282 $ 9,042 $ 1,115,753 $ 22,315 $ - $ 1,138,068 $ 2028 1,138,068 $ - $ 7.17 1,308 $ 8,061 $ 1,146,129 $ 22,923 $ - $ 1,169,051 $ 2029 1,169,051 $ - $ 7.02 1,334 $ 9,373 $ 1,178,424 $ 23,568 $ - $ 1,201,993 $ 2030 1,201,993 $ 443,604 $ 7.42 1,361 $ 9,731 $ 768,119 $ 15,362 $ - $ 783,482 $ 2031 783,482 $ 452,476 $ 4.49 1,388 $ 8,167 $ 339,172 $ 6,783 $ - $ 345,956 $ 2032 345,956 $ - $ 3.86 1,416 $ 5,852 $ 351,807 $ 7,036 $ - $ 358,844 $ 2033 358,844 $ - $ 3.99 1,444 $ 5,614 $ 364,457 $ 7,289 $ - $ 371,747 $ 2034 371,747 $ - $ 3.88 1,473 $ 5,737 $ 377,484 $ 7,550 $ - $ 385,033 $ 2035 385,033 $ - $ 4.24 1,502 $ 6,039 $ 391,072 $ 7,821 $ - $ 398,894 $ 2036 398,894 $ - $ 5.34 1,532 $ 7,276 $ 406,170 $ 8,123 $ - $ 414,293 $ 2037 414,293 $ - $ 5.37 1,563 $ 8,288 $ 422,582 $ 8,452 $ - $ 431,033 $ 2038 431,033 $ - $ 5.24 1,594 $ 8,372 $ 439,405 $ 8,788 $ - $ 448,194 $ 2039 448,194 $ - $ 5.51 1,626 $ 8,660 $ 456,853 $ 9,137 $ - $ 465,990 $ 2040 465,990 $ - $ 5.76 1,659 $ 9,260 $ 475,250 $ 9,505 $ - $ 484,755 $ 2041 484,755 $ - $ 6.26 1,692 $ 10,077 $ 494,832 $ 9,897 $ - $ 504,728 $ 2042 504,728 $ - $ 5.68 1,726 $ 10,196 $ 514,924 $ 10,298 $ - $ 525,223 $ 2043 525,223 $ - $ 4.80 1,760 $ 9,118 $ 534,341 $ 10,687 $ - $ 545,028 $ 2044 545,028 $ - $ 4.63 1,795 $ 8,373 $ 553,401 $ 11,068 $ - $ 564,469 $ 2045 564,469 $ - $ 4.75 1,831 $ 8,497 $ 572,966 $ 11,459 $ - $ 584,425 $ 2046 584,425 $ - $ 6.98 1,868 $ 10,866 $ 595,291 $ 11,906 $ - $ 607,197 $ 2047 607,197 $ - $ 7.20 1,905 $ 13,384 $ 620,580 $ 12,412 $ - $ 632,992 $ 2048 632,992 $ - $ 7.02 1,943 $ 13,680 $ 646,672 $ 12,933 $ - $ 659,606 $ 2049 659,606 $ - $ 7.14 1,982 $ 13,898 $ 673,504 $ 13,470 $ - $ 686,974 $ 2050 686,974 $ - $ 9.71 2,022 $ 16,896 $ 703,870 $ 14,077 $ - $ 717,947 $ 2051 717,947 $ 523,196 $ 5.95 2,062 $ 15,945 $ 210,697 $ 4,214 $ - $ 214,911 $ 2052 214,911 $ 533,660 $ 5.95 2,103 $ 12,383 $ (306,366) $ - $ (13,480) $ (319,846) $ 2053 (319,846) $ - $ 5.95 2,145 $ 12,631 $ (307,215) $ - $ (13,517) $ (320,732) $ 2054 (320,732) $ - $ 5.95 2,188 $ 12,884 $ (307,848) $ - $ (13,545) $ (321,394) $ 2055 (321,394) $ - $ 5.95 2,232 $ 13,141 $ (308,252) $ - $ (13,563) $ (321,815) $ 2056 (321,815) $ - $ 5.95 2,277 $ 13,404 $ (308,411) $ - $ (13,570) $ (321,981) $ 2057 (321,981) $ - $ 5.95 2,322 $ 13,672 $ (308,309) $ - $ (13,566) $ (321,875) $ 2058 (321,875) $ - $ 5.95 2,369 $ 13,946 $ (307,929) $ - $ (13,549) $ (321,478) $ 2059 (321,478) $ - $ 5.95 2,416 $ 14,225 $ (307,253) $ - $ (13,519) $ (320,772) $ 2060 (320,772) $ - $ 5.95 2,464 $ 14,509 $ (306,263) $ - $ (13,476) $ (319,739) $ 2061 (319,739) $ - $ 5.95 2,514 $ 14,799 $ (304,940) $ - $ (13,417) $ (318,357) $ 2062 (318,357) $ - $ 5.95 2,564 $ 15,095 $ (303,262) $ - $ (13,344) $ (316,605) $ 2063 (316,605) $ - $ 5.95 2,615 $ 15,397 $ (301,208) $ - $ (13,253) $ (314,461) $ 2064 (314,461) $ - $ 5.95 2,668 $ 15,705 $ (298,756) $ - $ (13,145) $ (311,901) $ 2065 (311,901) $ - $ 5.95 2,721 $ 16,019 $ (295,882) $ - $ (13,019) $ (308,901) $ 2066 (308,901) $ - $ 5.95 2,775 $ 16,340 $ (292,561) $ - $ (12,873) $ (305,434) $ 2067 (305,434) $ - $ 5.95 2,831 $ 16,666 $ (288,767) $ - $ (12,706) $ (301,473) $ 2068 (301,473) $ - $ 5.95 2,887 $ 17,000 $ (284,473) $ - $ (12,517) $ (296,990) $ 2069 (296,990) $ - $ 5.95 2,945 $ 17,340 $ (279,651) $ - $ (12,305) $ (291,955) $ 2070 (291,955) $ - $ 5.95 3,004 $ 17,687 $ (274,269) $ - $ (12,068) $ (286,336) $ 2071 (286,336) $ - $ 5.95 3,064 $ 18,040 $ (268,296) $ - $ (11,805) $ (280,101) $ 2072 (280,101) $ - $ 5.95 3,126 $ 18,401 $ (261,700) $ - $ (11,515) $ (273,215) $ 2073 (273,215) $ - $ 5.95 3,188 $ 18,769 $ (254,446) $ - $ (11,196) $ (265,642) $ 2074 (265,642) $ - $ 5.95 3,252 $ 19,144 $ (246,497) $ - $ (10,846) $ (257,343) $ 2075 (257,343) $ - $ 5.95 3,317 $ 19,527 $ (237,816) $ - $ (10,464) $ (248,279) $ Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments RF Interest Accural Hectares Per Year Year Beginning Anticipated Fee Revenue Cumulative Surplus (Deficit) Off-site Levy Fee Reserve Fund Closing Balance Sanitary Basin 5 OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 1,185 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments RF Interest Accural Hectares Per Year Year Beginning Anticipated Fee Revenue Cumulative Surplus (Deficit) Off-site Levy Fee Reserve Fund Closing Balance 2076 (248,279) $ - $ 5.95 3,383 $ 19,918 $ (228,362) $ - $ (10,048) $ (238,409) $ 2077 (238,409) $ - $ 5.95 3,451 $ 20,316 $ (218,093) $ - $ (9,596) $ (227,689) $ 2078 (227,689) $ - $ 5.95 3,520 $ 20,723 $ (206,967) $ - $ (9,107) $ (216,073) $ 2079 (216,073) $ - $ 5.95 3,590 $ 21,137 $ (194,936) $ - $ (8,577) $ (203,513) $ 2080 (203,513) $ - $ 5.95 3,662 $ 21,560 $ (181,954) $ - $ (8,006) $ (189,960) $ 2081 (189,960) $ - $ 5.95 3,735 $ 21,991 $ (167,969) $ - $ (7,391) $ (175,359) $ 2082 (175,359) $ - $ 5.95 3,810 $ 22,431 $ (152,928) $ - $ (6,729) $ (159,657) $ 2083 (159,657) $ - $ 5.95 3,886 $ 22,879 $ (136,778) $ - $ (6,018) $ (142,796) $ 2084 (142,796) $ - $ 5.95 3,964 $ 23,337 $ (119,459) $ - $ (5,256) $ (124,715) $ 2085 (124,715) $ - $ 5.95 4,043 $ 23,804 $ (100,912) $ - $ (4,440) $ (105,352) $ 2086 (105,352) $ - $ 5.95 4,124 $ 24,280 $ (81,072) $ - $ (3,567) $ (84,639) $ 2087 (84,639) $ - $ 5.95 4,207 $ 24,765 $ (59,874) $ - $ (2,634) $ (62,508) $ 2088 (62,508) $ - $ 5.95 4,291 $ 25,261 $ (37,247) $ - $ (1,639) $ (38,886) $ 2089 (38,886) $ - $ 5.95 4,376 $ 25,766 $ (13,120) $ - $ (577) $ (13,698) $ 2090 (13,698) $ - $ 0.16 4,464 $ 13,361 $ (336) $ - $ (15) $ (351) $ Project Costs Levy Collections Interest Earned Borrowing Costs 1,952,936 $ 964,047 $ 329,847 $ (389,857) $ Sanitary Basin 6 OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 Hectares Per Year 27,964 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] 2025 - $ - $ 4.61 27,964 $ 64,523 $ 64,523 $ 1,290 $ - $ 65,813 $ 2026 65,813 $ - $ 4.61 29,082 $ 131,627 $ 197,440 $ 3,949 $ - $ 201,389 $ 2027 201,389 $ - $ 4.61 30,245 $ 136,892 $ 338,281 $ 6,766 $ - $ 345,047 $ 2028 345,047 $ - $ 4.61 30,850 $ 140,972 $ 486,019 $ 9,720 $ - $ 495,739 $ 2029 495,739 $ - $ 4.61 31,467 $ 143,791 $ 639,530 $ 12,791 $ - $ 652,321 $ 2030 652,321 $ - $ 4.61 32,097 $ 146,667 $ 798,988 $ 15,980 $ - $ 814,968 $ 2031 814,968 $ - $ 4.61 32,739 $ 149,601 $ 964,568 $ 19,291 $ - $ 983,860 $ 2032 983,860 $ - $ 4.61 33,393 $ 152,593 $ 1,136,452 $ 22,729 $ - $ 1,159,181 $ 2033 1,159,181 $ - $ 4.61 34,061 $ 155,644 $ 1,314,826 $ 26,297 $ - $ 1,341,122 $ 2034 1,341,122 $ - $ 4.61 34,742 $ 158,757 $ 1,499,880 $ 29,998 $ - $ 1,529,877 $ 2035 1,529,877 $ - $ 4.61 35,437 $ 161,932 $ 1,691,810 $ 33,836 $ - $ 1,725,646 $ 2036 1,725,646 $ 1,912,689 $ 4.61 36,146 $ 165,171 $ (21,872) $ - $ (962) $ (22,835) $ 2037 (22,835) $ 1,950,943 $ 4.61 36,869 $ 168,474 $ (1,805,303) $ - $ (79,433) $ (1,884,736) $ 2038 (1,884,736) $ - $ 4.61 37,606 $ 171,844 $ (1,712,892) $ - $ (75,367) $ (1,788,259) $ 2039 (1,788,259) $ - $ 4.61 38,358 $ 175,281 $ (1,612,979) $ - $ (70,971) $ (1,683,950) $ 2040 (1,683,950) $ - $ 4.61 39,126 $ 178,786 $ (1,505,163) $ - $ (66,227) $ (1,571,390) $ 2041 (1,571,390) $ - $ 4.61 39,908 $ 182,362 $ (1,389,028) $ - $ (61,117) $ (1,450,145) $ 2042 (1,450,145) $ - $ 4.61 40,706 $ 186,009 $ (1,264,136) $ - $ (55,622) $ (1,319,758) $ 2043 (1,319,758) $ - $ 4.61 41,520 $ 189,730 $ (1,130,028) $ - $ (49,721) $ (1,179,750) $ 2044 (1,179,750) $ - $ 4.61 42,351 $ 193,524 $ (986,225) $ - $ (43,394) $ (1,029,619) $ 2045 (1,029,619) $ - $ 4.61 43,198 $ 197,395 $ (832,225) $ - $ (36,618) $ (868,842) $ 2046 (868,842) $ - $ 4.61 44,062 $ 201,343 $ (667,500) $ - $ (29,370) $ (696,870) $ 2047 (696,870) $ - $ 4.61 44,943 $ 205,369 $ (491,500) $ - $ (21,626) $ (513,126) $ 2048 (513,126) $ - $ 4.61 45,842 $ 209,477 $ (303,650) $ - $ (13,361) $ (317,010) $ 2049 (317,010) $ - $ 4.61 46,759 $ 213,666 $ (103,344) $ - $ (4,547) $ (107,891) $ Project Costs Levy Collections Interest Earned Borrowing Costs 3,863,632 $ 4,289,322 $ 182,646 $ (608,337) $ Off-site Levy Fee Reserve Fund Closing Balance Cumulative Surplus (Deficit) Anticipated Fee Revenue Year Beginning Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: RF Interest Accural Principal & Interest for Debentures Payments Sanitary Basin 8 OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 738 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] 2025 - $ - $ 0.00 738 $ - $ - $ - $ - $ - $ 2026 - $ - $ 0.00 767 $ - $ - $ - $ - $ - $ 2027 - $ - $ 0.00 798 $ - $ - $ - $ - $ - $ 2028 - $ - $ 0.00 814 $ - $ - $ - $ - $ - $ 2029 - $ - $ 0.00 830 $ - $ - $ - $ - $ - $ 2030 - $ - $ 0.00 847 $ - $ - $ - $ - $ - $ 2031 - $ - $ 0.00 864 $ - $ - $ - $ - $ - $ 2032 - $ - $ 0.00 881 $ - $ - $ - $ - $ - $ 2033 - $ - $ 0.00 899 $ - $ - $ - $ - $ - $ 2034 - $ - $ 0.00 917 $ - $ - $ - $ - $ - $ 2035 - $ - $ 0.00 935 $ - $ - $ - $ - $ - $ 2036 - $ - $ 0.00 954 $ - $ - $ - $ - $ - $ 2037 - $ - $ 0.00 973 $ - $ - $ - $ - $ - $ 2038 - $ - $ 0.00 992 $ - $ - $ - $ - $ - $ 2039 - $ - $ 0.00 1,012 $ - $ - $ - $ - $ - $ 2040 - $ - $ 0.00 1,032 $ - $ - $ - $ - $ - $ 2041 - $ - $ 0.00 1,053 $ - $ - $ - $ - $ - $ 2042 - $ - $ 0.00 1,074 $ - $ - $ - $ - $ - $ 2043 - $ - $ 0.00 1,095 $ - $ - $ - $ - $ - $ 2044 - $ - $ 0.00 1,117 $ - $ - $ - $ - $ - $ 2045 - $ - $ 0.00 1,140 $ - $ - $ - $ - $ - $ 2046 - $ - $ 0.00 1,162 $ - $ - $ - $ - $ - $ 2047 - $ - $ 0.00 1,186 $ - $ - $ - $ - $ - $ 2048 - $ - $ 0.00 1,209 $ - $ - $ - $ - $ - $ 2049 - $ - $ 0.00 1,234 $ - $ - $ - $ - $ - $ 2050 - $ - $ 0.00 1,258 $ - $ - $ - $ - $ - $ 2051 - $ 73,872 $ 4.41 1,283 $ 2,832 $ (71,040) $ - $ (3,126) $ (74,166) $ 2052 (74,166) $ 75,350 $ 4.41 1,309 $ 5,720 $ (143,796) $ - $ (6,327) $ (150,123) $ 2053 (150,123) $ - $ 4.41 1,335 $ 5,835 $ (144,288) $ - $ (6,349) $ (150,637) $ 2054 (150,637) $ - $ 4.41 1,362 $ 5,951 $ (144,685) $ - $ (6,366) $ (151,051) $ 2055 (151,051) $ - $ 4.41 1,389 $ 6,070 $ (144,981) $ - $ (6,379) $ (151,360) $ 2056 (151,360) $ - $ 4.41 1,417 $ 6,192 $ (145,168) $ - $ (6,387) $ (151,556) $ 2057 (151,556) $ - $ 4.41 1,445 $ 6,316 $ (145,240) $ - $ (6,391) $ (151,631) $ 2058 (151,631) $ - $ 4.41 1,474 $ 6,442 $ (145,189) $ - $ (6,388) $ (151,577) $ 2059 (151,577) $ - $ 4.41 1,504 $ 6,571 $ (145,006) $ - $ (6,380) $ (151,386) $ 2060 (151,386) $ - $ 4.41 1,534 $ 6,702 $ (144,684) $ - $ (6,366) $ (151,050) $ 2061 (151,050) $ - $ 4.41 1,565 $ 6,836 $ (144,214) $ - $ (6,345) $ (150,559) $ 2062 (150,559) $ - $ 4.41 1,596 $ 6,973 $ (143,586) $ - $ (6,318) $ (149,904) $ 2063 (149,904) $ - $ 4.41 1,628 $ 7,112 $ (142,792) $ - $ (6,283) $ (149,074) $ 2064 (149,074) $ - $ 4.41 1,660 $ 7,255 $ (141,820) $ - $ (6,240) $ (148,060) $ 2065 (148,060) $ - $ 4.41 1,694 $ 7,400 $ (140,660) $ - $ (6,189) $ (146,849) $ 2066 (146,849) $ - $ 4.41 1,727 $ 7,548 $ (139,301) $ - $ (6,129) $ (145,430) $ 2067 (145,430) $ - $ 4.41 1,762 $ 7,699 $ (137,732) $ - $ (6,060) $ (143,792) $ 2068 (143,792) $ - $ 4.41 1,797 $ 7,853 $ (135,939) $ - $ (5,981) $ (141,920) $ 2069 (141,920) $ - $ 4.41 1,833 $ 8,010 $ (133,910) $ - $ (5,892) $ (139,803) $ 2070 (139,803) $ - $ 4.41 1,870 $ 8,170 $ (131,633) $ - $ (5,792) $ (137,424) $ 2071 (137,424) $ - $ 4.41 1,907 $ 8,333 $ (129,091) $ - $ (5,680) $ (134,771) $ 2072 (134,771) $ - $ 4.41 1,945 $ 8,500 $ (126,271) $ - $ (5,556) $ (131,827) $ 2073 (131,827) $ - $ 4.41 1,984 $ 8,670 $ (123,157) $ - $ (5,419) $ (128,576) $ 2074 (128,576) $ - $ 4.41 2,024 $ 8,843 $ (119,732) $ - $ (5,268) $ (125,000) $ 2075 (125,000) $ - $ 4.41 2,064 $ 9,020 $ (115,980) $ - $ (5,103) $ (121,083) $ Cumulative Surplus (Deficit) RF Interest Accural Off-site Levy Fee Reserve Fund Closing Balance Year Beginning Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments Hectares Per Year Anticipated Fee Revenue Sanitary Basin 8 OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 738 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] Cumulative Surplus (Deficit) RF Interest Accural Off-site Levy Fee Reserve Fund Closing Balance Year Beginning Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments Hectares Per Year Anticipated Fee Revenue 2076 (121,083) $ - $ 4.41 2,106 $ 9,201 $ (111,882) $ - $ (4,923) $ (116,805) $ 2077 (116,805) $ - $ 4.41 2,148 $ 9,385 $ (107,420) $ - $ (4,727) $ (112,147) $ 2078 (112,147) $ - $ 4.41 2,191 $ 9,572 $ (102,575) $ - $ (4,513) $ (107,088) $ 2079 (107,088) $ - $ 4.41 2,235 $ 9,764 $ (97,324) $ - $ (4,282) $ (101,606) $ 2080 (101,606) $ - $ 4.41 2,279 $ 9,959 $ (91,647) $ - $ (4,032) $ (95,679) $ 2081 (95,679) $ - $ 4.41 2,325 $ 10,158 $ (85,521) $ - $ (3,763) $ (89,284) $ 2082 (89,284) $ - $ 4.41 2,371 $ 10,362 $ (78,922) $ - $ (3,473) $ (82,395) $ 2083 (82,395) $ - $ 4.41 2,419 $ 10,569 $ (71,826) $ - $ (3,160) $ (74,987) $ 2084 (74,987) $ - $ 4.41 2,467 $ 10,780 $ (64,206) $ - $ (2,825) $ (67,032) $ 2085 (67,032) $ - $ 4.41 2,516 $ 10,996 $ (56,036) $ - $ (2,466) $ (58,501) $ 2086 (58,501) $ - $ 4.41 2,567 $ 11,216 $ (47,286) $ - $ (2,081) $ (49,366) $ 2087 (49,366) $ - $ 4.41 2,618 $ 11,440 $ (37,926) $ - $ (1,669) $ (39,595) $ 2088 (39,595) $ - $ 4.41 2,670 $ 11,669 $ (27,926) $ - $ (1,229) $ (29,155) $ 2089 (29,155) $ - $ 4.41 2,724 $ 11,902 $ (17,253) $ - $ (759) $ (18,012) $ 2090 (18,012) $ - $ 4.41 2,778 $ 12,140 $ (5,872) $ - $ (258) $ (6,130) $ Project Costs Levy Collections Interest Earned Borrowing Costs 149,222 $ 342,097 $ 0 $ (192,875) $ Water Distribution OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 Hectares Per Year 9,727 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] 2025 (640,011) $ - $ 53,111.78 $ 24.97 9,727 $ 121,428 $ (571,695) $ - $ (25,155) $ (596,849) $ 2026 (596,849) $ - $ 1,962,830.43 $ 28.31 10,116 $ 264,613 $ (2,295,067) $ - $ (100,983) $ (2,396,050) $ 2027 (2,396,050) $ - $ 53,111.78 $ 18.15 10,521 $ 238,677 $ (2,210,484) $ - $ (97,261) $ (2,307,745) $ 2028 (2,307,745) $ - $ 53,111.78 $ 23.09 10,731 $ 219,371 $ (2,141,486) $ - $ (94,225) $ (2,235,711) $ 2029 (2,235,711) $ - $ 53,111.78 $ 22.69 10,946 $ 248,070 $ (2,040,753) $ - $ (89,793) $ (2,130,547) $ 2030 (2,130,547) $ - $ 7,639.03 $ 23.73 11,164 $ 256,633 $ (1,881,553) $ - $ (82,788) $ (1,964,341) $ 2031 (1,964,341) $ - $ - $ 20.44 11,388 $ 248,843 $ (1,715,499) $ - $ (75,482) $ (1,790,980) $ 2032 (1,790,980) $ - $ - $ 18.82 11,615 $ 225,683 $ (1,565,298) $ - $ (68,873) $ (1,634,171) $ 2033 (1,634,171) $ - $ - $ 19.15 11,848 $ 222,703 $ (1,411,468) $ - $ (62,105) $ (1,473,572) $ 2034 (1,473,572) $ - $ - $ 18.86 12,085 $ 227,383 $ (1,246,189) $ - $ (54,832) $ (1,301,021) $ 2035 (1,301,021) $ - $ - $ 19.78 12,326 $ 235,894 $ (1,065,127) $ - $ (46,866) $ (1,111,992) $ 2036 (1,111,992) $ 540,096 $ - $ 22.63 12,573 $ 264,194 $ (1,387,894) $ - $ (61,067) $ (1,448,961) $ 2037 (1,448,961) $ 732,335 $ - $ 22.70 12,824 $ 287,793 $ (1,893,503) $ - $ (83,314) $ (1,976,817) $ 2038 (1,976,817) $ 185,066 $ - $ 22.37 13,081 $ 291,815 $ (1,870,068) $ - $ (82,283) $ (1,952,351) $ 2039 (1,952,351) $ - $ - $ 23.07 13,343 $ 300,188 $ (1,652,164) $ - $ (72,695) $ (1,724,859) $ 2040 (1,724,859) $ - $ - $ 23.71 13,609 $ 315,222 $ (1,409,637) $ - $ (62,024) $ (1,471,661) $ 2041 (1,471,661) $ - $ - $ 25.00 13,882 $ 334,865 $ (1,136,796) $ - $ (50,019) $ (1,186,815) $ 2042 (1,186,815) $ 638,876 $ - $ 23.49 14,159 $ 339,826 $ (1,485,865) $ - $ (65,378) $ (1,551,243) $ 2043 (1,551,243) $ 651,653 $ - $ 21.22 14,442 $ 319,536 $ (1,883,360) $ - $ (82,868) $ (1,966,228) $ 2044 (1,966,228) $ - $ - $ 20.78 14,731 $ 306,339 $ (1,659,889) $ - $ (73,035) $ (1,732,924) $ 2045 (1,732,924) $ - $ - $ 21.09 15,026 $ 311,540 $ (1,421,384) $ - $ (62,541) $ (1,483,925) $ 2046 (1,483,925) $ - $ - $ 22.60 15,326 $ 331,610 $ (1,152,315) $ - $ (50,702) $ (1,203,017) $ 2047 (1,203,017) $ - $ - $ 23.17 15,633 $ 354,237 $ (848,780) $ - $ (37,346) $ (886,126) $ 2048 (886,126) $ - $ - $ 22.68 15,946 $ 361,933 $ (524,193) $ - $ (23,065) $ (547,258) $ 2049 (547,258) $ - $ - $ 23.01 16,264 $ 367,997 $ (179,260) $ - $ (7,887) $ (187,148) $ Project Costs Levy Collections Interest Earned Borrowing Costs 2,748,026 $ 2,182,917 $ 7,183,542 $ 0 $ (1,612,588) $ Off-site Levy Fee Reserve Fund Closing Balance Cumulative Surplus (Deficit) Anticipated Fee Revenue Principal & Interest for Debentures Payments Year Beginning Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: RF Interest Accural Water Storage and Supply OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 111,212 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] 2025 (1,280,022) $ 2,158,069 $ 127,551.76 $ 24.97 111,212 $ 1,388,360 $ (2,177,283) $ - $ (95,800) $ (2,273,083) $ 2026 (2,273,083) $ 3,395,171 $ 127,551.76 $ 28.31 115,661 $ 3,025,474 $ (2,770,332) $ - $ (121,895) $ (2,892,226) $ 2027 (2,892,226) $ 3,008,493 $ 127,551.76 $ 18.15 120,287 $ 2,728,935 $ (3,299,336) $ - $ (145,171) $ (3,444,506) $ 2028 (3,444,506) $ 10,720,058 $ 127,551.76 $ 23.09 122,693 $ 2,508,199 $ (11,783,918) $ - $ (518,492) $ (12,302,410) $ 2029 (12,302,410) $ 11,760,584 $ 127,551.76 $ 22.69 125,147 $ 2,836,324 $ (21,354,222) $ - $ (939,586) $ (22,293,808) $ 2030 (22,293,808) $ 2,691,985 $ 127,551.76 $ 23.73 127,650 $ 2,934,231 $ (22,179,113) $ - $ (975,881) $ (23,154,994) $ 2031 (23,154,994) $ 2,631,487 $ - $ 20.44 130,203 $ 2,845,164 $ (22,941,317) $ - $ (1,009,418) $ (23,950,735) $ 2032 (23,950,735) $ 2,684,117 $ - $ 18.82 132,807 $ 2,580,364 $ (24,054,488) $ - $ (1,058,397) $ (25,112,886) $ 2033 (25,112,886) $ - $ - $ 19.15 135,463 $ 2,546,291 $ (22,566,595) $ - $ (992,930) $ (23,559,525) $ 2034 (23,559,525) $ - $ - $ 18.86 138,172 $ 2,599,808 $ (20,959,717) $ - $ (922,228) $ (21,881,945) $ 2035 (21,881,945) $ - $ - $ 19.78 140,935 $ 2,697,119 $ (19,184,827) $ - $ (844,132) $ (20,028,959) $ 2036 (20,028,959) $ 1,837,903 $ - $ 22.63 143,754 $ 3,020,687 $ (18,846,174) $ - $ (829,232) $ (19,675,406) $ 2037 (19,675,406) $ 2,655,038 $ - $ 22.70 146,629 $ 3,290,505 $ (19,039,939) $ - $ (837,757) $ (19,877,696) $ 2038 (19,877,696) $ 5,770,888 $ - $ 22.37 149,562 $ 3,336,493 $ (22,312,091) $ - $ (981,732) $ (23,293,823) $ 2039 (23,293,823) $ 5,886,306 $ - $ 23.07 152,553 $ 3,432,220 $ (25,747,910) $ - $ (1,132,908) $ (26,880,818) $ 2040 (26,880,818) $ 828,142 $ - $ 23.71 155,604 $ 3,604,112 $ (24,104,848) $ - $ (1,060,613) $ (25,165,461) $ 2041 (25,165,461) $ - $ - $ 25.00 158,716 $ 3,828,709 $ (21,336,753) $ - $ (938,817) $ (22,275,570) $ 2042 (22,275,570) $ - $ - $ 23.49 161,890 $ 3,885,432 $ (18,390,138) $ - $ (809,166) $ (19,199,304) $ 2043 (19,199,304) $ 19,101,477 $ - $ 21.22 165,128 $ 3,653,440 $ (34,647,342) $ - $ (1,524,483) $ (36,171,825) $ 2044 (36,171,825) $ 20,099,787 $ - $ 20.78 168,431 $ 3,502,554 $ (52,769,058) $ - $ (2,321,839) $ (55,090,897) $ 2045 (55,090,897) $ 628,606 $ - $ 21.09 171,799 $ 3,562,017 $ (52,157,486) $ - $ (2,294,929) $ (54,452,416) $ 2046 (54,452,416) $ 664,494 $ - $ 22.60 175,235 $ 3,791,489 $ (51,325,420) $ - $ (2,258,318) $ (53,583,738) $ 2047 (53,583,738) $ 1,355,567 $ - $ 23.17 178,740 $ 4,050,193 $ (50,889,113) $ - $ (2,239,121) $ (53,128,234) $ 2048 (53,128,234) $ 691,339 $ - $ 22.68 182,315 $ 4,138,190 $ (49,681,383) $ - $ (2,185,981) $ (51,867,364) $ 2049 (51,867,364) $ - $ - $ 23.01 185,961 $ 4,207,529 $ (47,659,835) $ - $ (2,097,033) $ (49,756,867) $ 2050 (49,756,867) $ - $ - $ 17.98 189,680 $ 3,845,059 $ (45,911,808) $ - $ (2,020,120) $ (47,931,928) $ 2051 (47,931,928) $ 6,564,280 $ - $ 19.18 193,474 $ 3,560,927 $ (50,935,281) $ - $ (2,241,152) $ (53,176,433) $ 2052 (53,176,433) $ 6,695,566 $ - $ 19.18 197,344 $ 3,748,390 $ (56,123,609) $ - $ (2,469,439) $ (58,593,047) $ 2053 (58,593,047) $ - $ - $ 19.18 201,290 $ 3,823,358 $ (54,769,690) $ - $ (2,409,866) $ (57,179,556) $ 2054 (57,179,556) $ - $ - $ 19.18 205,316 $ 3,899,825 $ (53,279,731) $ - $ (2,344,308) $ (55,624,039) $ 2055 (55,624,039) $ - $ - $ 19.18 209,423 $ 3,977,821 $ (51,646,218) $ - $ (2,272,434) $ (53,918,652) $ 2056 (53,918,652) $ - $ - $ 19.18 213,611 $ 4,057,378 $ (49,861,274) $ - $ (2,193,896) $ (52,055,170) $ 2057 (52,055,170) $ - $ - $ 19.18 217,883 $ 4,138,525 $ (47,916,644) $ - $ (2,108,332) $ (50,024,977) $ 2058 (50,024,977) $ - $ - $ 19.18 222,241 $ 4,221,296 $ (45,803,681) $ - $ (2,015,362) $ (47,819,043) $ 2059 (47,819,043) $ - $ - $ 19.18 226,686 $ 4,305,722 $ (43,513,321) $ - $ (1,914,586) $ (45,427,907) $ 2060 (45,427,907) $ - $ - $ 19.18 231,219 $ 4,391,836 $ (41,036,071) $ - $ (1,805,587) $ (42,841,658) $ 2061 (42,841,658) $ - $ - $ 19.18 235,844 $ 4,479,673 $ (38,361,985) $ - $ (1,687,927) $ (40,049,912) $ 2062 (40,049,912) $ 29,358,404 $ - $ 19.18 240,561 $ 4,569,266 $ (64,839,050) $ - $ (2,852,918) $ (67,691,968) $ 2063 (67,691,968) $ 29,945,572 $ - $ 19.18 245,372 $ 4,660,652 $ (92,976,889) $ - $ (4,090,983) $ (97,067,872) $ 2064 (97,067,872) $ - $ - $ 19.18 250,279 $ 4,753,865 $ (92,314,007) $ - $ (4,061,816) $ (96,375,824) $ 2065 (96,375,824) $ - $ - $ 19.18 255,285 $ 4,848,942 $ (91,526,881) $ - $ (4,027,183) $ (95,554,064) $ 2066 (95,554,064) $ - $ - $ 19.18 260,391 $ 4,945,921 $ (90,608,143) $ - $ (3,986,758) $ (94,594,902) $ 2067 (94,594,902) $ - $ - $ 19.18 265,598 $ 5,044,839 $ (89,550,062) $ - $ (3,940,203) $ (93,490,265) $ 2068 (93,490,265) $ - $ - $ 19.18 270,910 $ 5,145,736 $ (88,344,529) $ - $ (3,887,159) $ (92,231,688) $ 2069 (92,231,688) $ - $ - $ 19.18 276,329 $ 5,248,651 $ (86,983,037) $ - $ (3,827,254) $ (90,810,291) $ 2070 (90,810,291) $ - $ - $ 19.18 281,855 $ 5,353,624 $ (85,456,667) $ - $ (3,760,093) $ (89,216,760) $ 2071 (89,216,760) $ - $ - $ 19.18 287,492 $ 5,460,696 $ (83,756,064) $ - $ (3,685,267) $ (87,441,331) $ 2072 (87,441,331) $ - $ - $ 19.18 293,242 $ 5,569,910 $ (81,871,421) $ - $ (3,602,343) $ (85,473,763) $ 2073 (85,473,763) $ - $ - $ 19.18 299,107 $ 5,681,308 $ (79,792,455) $ - $ (3,510,868) $ (83,303,323) $ 2074 (83,303,323) $ - $ - $ 19.18 305,089 $ 5,794,935 $ (77,508,388) $ - $ (3,410,369) $ (80,918,757) $ Off-site Levy Fee Reserve Fund Closing Balance Year Beginning Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments RF Interest Accural Hectares Per Year Anticipated Fee Revenue Cumulative Surplus (Deficit) Water Storage and Supply OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 111,212 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] Off-site Levy Fee Reserve Fund Closing Balance Year Beginning Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments RF Interest Accural Hectares Per Year Anticipated Fee Revenue Cumulative Surplus (Deficit) 2075 (80,918,757) $ - $ - $ 19.18 311,191 $ 5,910,833 $ (75,007,924) $ - $ (3,300,349) $ (78,308,272) $ 2076 (78,308,272) $ - $ - $ 19.18 317,415 $ 6,029,050 $ (72,279,222) $ - $ (3,180,286) $ (75,459,508) $ 2077 (75,459,508) $ - $ - $ 19.18 323,763 $ 6,149,631 $ (69,309,877) $ - $ (3,049,635) $ (72,359,512) $ 2078 (72,359,512) $ - $ - $ 19.18 330,238 $ 6,272,624 $ (66,086,888) $ - $ (2,907,823) $ (68,994,711) $ 2079 (68,994,711) $ - $ - $ 19.18 336,843 $ 6,398,076 $ (62,596,635) $ - $ (2,754,252) $ (65,350,887) $ 2080 (65,350,887) $ - $ - $ 19.18 343,580 $ 6,526,038 $ (58,824,849) $ - $ (2,588,293) $ (61,413,143) $ 2081 (61,413,143) $ - $ - $ 19.18 350,452 $ 6,656,558 $ (54,756,584) $ - $ (2,409,290) $ (57,165,874) $ 2082 (57,165,874) $ - $ - $ 19.18 357,461 $ 6,789,690 $ (50,376,185) $ - $ (2,216,552) $ (52,592,737) $ 2083 (52,592,737) $ - $ - $ 19.18 364,610 $ 6,925,483 $ (45,667,253) $ - $ (2,009,359) $ (47,676,613) $ 2084 (47,676,613) $ - $ - $ 19.18 371,902 $ 7,063,993 $ (40,612,620) $ - $ (1,786,955) $ (42,399,575) $ 2085 (42,399,575) $ - $ - $ 19.18 379,340 $ 7,205,273 $ (35,194,302) $ - $ (1,548,549) $ (36,742,851) $ 2086 (36,742,851) $ - $ - $ 19.18 386,927 $ 7,349,378 $ (29,393,473) $ - $ (1,293,313) $ (30,686,786) $ 2087 (30,686,786) $ - $ - $ 19.18 394,665 $ 7,496,366 $ (23,190,420) $ - $ (1,020,378) $ (24,210,798) $ 2088 (24,210,798) $ - $ - $ 19.18 402,559 $ 7,646,293 $ (16,564,505) $ - $ (728,838) $ (17,293,343) $ 2089 (17,293,343) $ - $ - $ 19.18 410,610 $ 7,799,219 $ (9,494,124) $ - $ (417,741) $ (9,911,866) $ 2090 (9,911,866) $ - $ - $ 14.57 418,822 $ 6,989,338 $ (2,922,527) $ - $ (128,591) $ (3,051,119) $ Project Costs Levy Collections Interest Earned Borrowing Costs 171,133,335 $ 765,311 $ 307,780,956 $ - $ (134,602,289) $ Transportation OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 Hectares Per Year 121,443 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] 2025 4,729,867 $ - $ 24.97 121,443 $ 1,516,076 $ 6,245,943 $ 124,919 $ - $ 6,370,862 $ 2026 6,370,862 $ 1,383,200 $ 28.31 126,300 $ 3,303,789 $ 8,291,451 $ 165,829 $ - $ 8,457,280 $ 2027 8,457,280 $ 4,467,008 $ 18.15 131,352 $ 2,979,972 $ 6,970,244 $ 139,405 $ - $ 7,109,649 $ 2028 7,109,649 $ 4,510,134 $ 23.09 133,979 $ 2,738,929 $ 5,338,444 $ 106,769 $ - $ 5,445,213 $ 2029 5,445,213 $ 1,892,113 $ 22.69 136,659 $ 3,097,239 $ 6,650,339 $ 133,007 $ - $ 6,783,346 $ 2030 6,783,346 $ 329,038 $ 23.73 139,392 $ 3,204,153 $ 9,658,461 $ 193,169 $ - $ 9,851,630 $ 2031 9,851,630 $ - $ 20.44 142,180 $ 3,106,892 $ 12,958,522 $ 259,170 $ - $ 13,217,693 $ 2032 13,217,693 $ 8,173,062 $ 18.82 145,024 $ 2,817,733 $ 7,862,364 $ 157,247 $ - $ 8,019,611 $ 2033 8,019,611 $ 8,336,523 $ 19.15 147,924 $ 2,780,526 $ 2,463,614 $ 49,272 $ - $ 2,512,887 $ 2034 2,512,887 $ - $ 18.86 150,882 $ 2,838,965 $ 5,351,852 $ 107,037 $ - $ 5,458,889 $ 2035 5,458,889 $ - $ 19.78 153,900 $ 2,945,228 $ 8,404,117 $ 168,082 $ - $ 8,572,199 $ 2036 8,572,199 $ - $ 22.63 156,978 $ 3,298,562 $ 11,870,762 $ 237,415 $ - $ 12,108,177 $ 2037 12,108,177 $ - $ 22.70 160,118 $ 3,593,201 $ 15,701,378 $ 314,028 $ - $ 16,015,405 $ 2038 16,015,405 $ - $ 22.37 163,320 $ 3,643,420 $ 19,658,825 $ 393,176 $ - $ 20,052,001 $ 2039 20,052,001 $ - $ 23.07 166,586 $ 3,747,952 $ 23,799,953 $ 475,999 $ - $ 24,275,952 $ 2040 24,275,952 $ - $ 23.71 169,918 $ 3,935,657 $ 28,211,608 $ 564,232 $ - $ 28,775,841 $ 2041 28,775,841 $ 14,338,818 $ 25.00 173,317 $ 4,180,914 $ 18,617,936 $ 372,359 $ - $ 18,990,295 $ 2042 18,990,295 $ 14,625,594 $ 23.49 176,783 $ 4,242,855 $ 8,607,555 $ 172,151 $ - $ 8,779,707 $ 2043 8,779,707 $ 8,461,264 $ 21.22 180,319 $ 3,989,522 $ 4,307,964 $ 86,159 $ - $ 4,394,123 $ 2044 4,394,123 $ 8,630,490 $ 20.78 183,925 $ 3,824,757 $ (411,610) $ - $ (18,111) $ (429,720) $ 2045 (429,720) $ 10,726,525 $ 21.09 187,603 $ 3,889,689 $ (7,266,556) $ - $ (319,728) $ (7,586,285) $ 2046 (7,586,285) $ 10,941,055 $ 22.60 191,355 $ 4,140,271 $ (14,387,069) $ - $ (633,031) $ (15,020,100) $ 2047 (15,020,100) $ - $ 23.17 195,183 $ 4,422,773 $ (10,597,328) $ - $ (466,282) $ (11,063,610) $ 2048 (11,063,610) $ - $ 22.68 199,086 $ 4,518,865 $ (6,544,745) $ - $ (287,969) $ (6,832,714) $ 2049 (6,832,714) $ - $ 23.01 203,068 $ 4,594,582 $ (2,238,132) $ - $ (98,478) $ (2,336,610) $ 2050 (2,336,610) $ - $ 17.98 - $ 2,336,610 $ (0) $ - $ (0) $ (0) $ Project Costs Levy Collections Interest Earned Borrowing Costs 96,814,824 $ 89,689,130 $ 4,219,427 $ (1,823,599) $ Off-site Levy Fee Reserve Fund Closing Balance Year Beginning Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments RF Interest Accural Anticipated Fee Revenue Cumulative Surplus (Deficit) Fire Services OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 19,940 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] 2025 - $ - $ 24.97 19,940 $ 248,934 $ 248,934 $ 4,979 $ - $ 253,913 $ 2026 253,913 $ - $ 28.31 20,738 $ 542,470 $ 796,382 $ 15,928 $ - $ 812,310 $ 2027 812,310 $ - $ 18.15 21,568 $ 489,300 $ 1,301,610 $ 26,032 $ - $ 1,327,642 $ 2028 1,327,642 $ 3,107,092 $ 23.09 21,999 $ 449,722 $ (1,329,728) $ - $ (58,508) $ (1,388,236) $ 2029 (1,388,236) $ 3,169,234 $ 22.69 22,439 $ 508,555 $ (4,048,915) $ - $ (178,152) $ (4,227,067) $ 2030 (4,227,067) $ 3,232,618 $ 23.73 22,888 $ 526,110 $ (6,933,576) $ - $ (305,077) $ (7,238,653) $ 2031 (7,238,653) $ 3,297,271 $ 20.44 23,345 $ 510,140 $ (10,025,784) $ - $ (441,134) $ (10,466,918) $ 2032 (10,466,918) $ 1,330,980 $ 18.82 23,812 $ 462,661 $ (11,335,237) $ - $ (498,750) $ (11,833,987) $ 2033 (11,833,987) $ 1,357,599 $ 19.15 24,289 $ 456,552 $ (12,735,035) $ - $ (560,342) $ (13,295,377) $ 2034 (13,295,377) $ 1,384,751 $ 18.86 24,774 $ 466,147 $ (14,213,981) $ - $ (625,415) $ (14,839,396) $ 2035 (14,839,396) $ 1,412,446 $ 19.78 25,270 $ 483,595 $ (15,768,247) $ - $ (693,803) $ (16,462,050) $ 2036 (16,462,050) $ - $ 22.63 25,775 $ 541,611 $ (15,920,438) $ - $ (700,499) $ (16,620,938) $ 2037 (16,620,938) $ - $ 22.70 26,291 $ 589,990 $ (16,030,948) $ - $ (705,362) $ (16,736,309) $ 2038 (16,736,309) $ - $ 22.37 26,817 $ 598,236 $ (16,138,074) $ - $ (710,075) $ (16,848,149) $ 2039 (16,848,149) $ - $ 23.07 27,353 $ 615,399 $ (16,232,749) $ - $ (714,241) $ (16,946,990) $ 2040 (16,946,990) $ - $ 23.71 27,900 $ 646,220 $ (16,300,770) $ - $ (717,234) $ (17,018,004) $ 2041 (17,018,004) $ - $ 25.00 28,458 $ 686,490 $ (16,331,514) $ - $ (718,587) $ (17,050,101) $ 2042 (17,050,101) $ - $ 23.49 29,027 $ 696,661 $ (16,353,440) $ - $ (719,551) $ (17,072,991) $ 2043 (17,072,991) $ - $ 21.22 29,608 $ 655,064 $ (16,417,927) $ - $ (722,389) $ (17,140,316) $ 2044 (17,140,316) $ - $ 20.78 30,200 $ 628,011 $ (16,512,305) $ - $ (726,541) $ (17,238,847) $ 2045 (17,238,847) $ - $ 21.09 30,804 $ 638,672 $ (16,600,174) $ - $ (730,408) $ (17,330,582) $ 2046 (17,330,582) $ - $ 22.60 31,420 $ 679,817 $ (16,650,765) $ - $ (732,634) $ (17,383,399) $ 2047 (17,383,399) $ - $ 23.17 32,048 $ 726,203 $ (16,657,196) $ - $ (732,917) $ (17,390,113) $ 2048 (17,390,113) $ - $ 22.68 32,689 $ 741,981 $ (16,648,132) $ - $ (732,518) $ (17,380,650) $ 2049 (17,380,650) $ - $ 23.01 33,343 $ 754,413 $ (16,626,237) $ - $ (731,554) $ (17,357,792) $ 2050 (17,357,792) $ - $ 17.98 34,010 $ 689,422 $ (16,668,370) $ - $ (733,408) $ (17,401,778) $ 2051 (17,401,778) $ - $ 19.18 34,690 $ 638,477 $ (16,763,301) $ - $ (737,585) $ (17,500,886) $ 2052 (17,500,886) $ - $ 19.18 35,384 $ 672,089 $ (16,828,797) $ - $ (740,467) $ (17,569,264) $ 2053 (17,569,264) $ - $ 19.18 36,092 $ 685,531 $ (16,883,734) $ - $ (742,884) $ (17,626,618) $ 2054 (17,626,618) $ - $ 19.18 36,813 $ 699,241 $ (16,927,376) $ - $ (744,805) $ (17,672,181) $ 2055 (17,672,181) $ - $ 19.18 37,550 $ 713,226 $ (16,958,955) $ - $ (746,194) $ (17,705,149) $ 2056 (17,705,149) $ - $ 19.18 38,301 $ 727,491 $ (16,977,658) $ - $ (747,017) $ (17,724,675) $ 2057 (17,724,675) $ - $ 19.18 39,067 $ 742,041 $ (16,982,634) $ - $ (747,236) $ (17,729,870) $ 2058 (17,729,870) $ - $ 19.18 39,848 $ 756,881 $ (16,972,989) $ - $ (746,811) $ (17,719,800) $ 2059 (17,719,800) $ - $ 19.18 40,645 $ 772,019 $ (16,947,781) $ - $ (745,702) $ (17,693,483) $ 2060 (17,693,483) $ - $ 19.18 41,458 $ 787,459 $ (16,906,024) $ - $ (743,865) $ (17,649,889) $ 2061 (17,649,889) $ - $ 19.18 42,287 $ 803,209 $ (16,846,680) $ - $ (741,254) $ (17,587,934) $ 2062 (17,587,934) $ - $ 19.18 43,133 $ 819,273 $ (16,768,661) $ - $ (737,821) $ (17,506,483) $ 2063 (17,506,483) $ - $ 19.18 43,995 $ 835,658 $ (16,670,824) $ - $ (733,516) $ (17,404,341) $ 2064 (17,404,341) $ - $ 19.18 44,875 $ 852,371 $ (16,551,969) $ - $ (728,287) $ (17,280,256) $ 2065 (17,280,256) $ - $ 19.18 45,773 $ 869,419 $ (16,410,837) $ - $ (722,077) $ (17,132,914) $ 2066 (17,132,914) $ - $ 19.18 46,688 $ 886,807 $ (16,246,106) $ - $ (714,829) $ (16,960,935) $ 2067 (16,960,935) $ - $ 19.18 47,622 $ 904,543 $ (16,056,392) $ - $ (706,481) $ (16,762,873) $ 2068 (16,762,873) $ - $ 19.18 48,574 $ 922,634 $ (15,840,239) $ - $ (696,971) $ (16,537,209) $ 2069 (16,537,209) $ - $ 19.18 49,546 $ 941,087 $ (15,596,122) $ - $ (686,229) $ (16,282,352) $ 2070 (16,282,352) $ - $ 19.18 50,537 $ 959,909 $ (15,322,443) $ - $ (674,187) $ (15,996,630) $ 2071 (15,996,630) $ - $ 19.18 51,548 $ 979,107 $ (15,017,524) $ - $ (660,771) $ (15,678,295) $ 2072 (15,678,295) $ - $ 19.18 52,579 $ 998,689 $ (14,679,606) $ - $ (645,903) $ (15,325,508) $ 2073 (15,325,508) $ - $ 19.18 53,630 $ 1,018,663 $ (14,306,846) $ - $ (629,501) $ (14,936,347) $ 2074 (14,936,347) $ - $ 19.18 54,703 $ 1,039,036 $ (13,897,311) $ - $ (611,482) $ (14,508,792) $ Year Beginning Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments Hectares Per Year Anticipated Fee Revenue Cumulative Surplus (Deficit) RF Interest Accural Off-site Levy Fee Reserve Fund Closing Balance Fire Services OSL Account Cashflows 1 2 3 4 5 6 7 8 9 10 11 19,940 $ inflated at 4.00% 2026 to 2027, then + - 2.00% 2.0% 4.40% 4% then 2% 2028 onwards [5 x 6] [2-3-4+7] [8+9+10] Year Beginning Off-site Levy Fee Reserve Fund Opening Balance Growth-related Expenditures Inflated at: Principal & Interest for Debentures Payments Hectares Per Year Anticipated Fee Revenue Cumulative Surplus (Deficit) RF Interest Accural Off-site Levy Fee Reserve Fund Closing Balance 2075 (14,508,792) $ - $ 19.18 55,797 $ 1,059,817 $ (13,448,976) $ - $ (591,755) $ (14,040,731) $ 2076 (14,040,731) $ - $ 19.18 56,913 $ 1,081,013 $ (12,959,717) $ - $ (570,228) $ (13,529,945) $ 2077 (13,529,945) $ - $ 19.18 58,051 $ 1,102,633 $ (12,427,312) $ - $ (546,802) $ (12,974,113) $ 2078 (12,974,113) $ - $ 19.18 59,212 $ 1,124,686 $ (11,849,427) $ - $ (521,375) $ (12,370,802) $ 2079 (12,370,802) $ - $ 19.18 60,396 $ 1,147,180 $ (11,223,622) $ - $ (493,839) $ (11,717,462) $ 2080 (11,717,462) $ - $ 19.18 61,604 $ 1,170,123 $ (10,547,339) $ - $ (464,083) $ (11,011,421) $ 2081 (11,011,421) $ - $ 19.18 62,836 $ 1,193,526 $ (9,817,896) $ - $ (431,987) $ (10,249,883) $ 2082 (10,249,883) $ - $ 19.18 64,093 $ 1,217,396 $ (9,032,487) $ - $ (397,429) $ (9,429,916) $ 2083 (9,429,916) $ - $ 19.18 65,375 $ 1,241,744 $ (8,188,172) $ - $ (360,280) $ (8,548,452) $ 2084 (8,548,452) $ - $ 19.18 66,682 $ 1,266,579 $ (7,281,872) $ - $ (320,402) $ (7,602,275) $ 2085 (7,602,275) $ - $ 19.18 68,016 $ 1,291,911 $ (6,310,364) $ - $ (277,656) $ (6,588,020) $ 2086 (6,588,020) $ - $ 19.18 69,376 $ 1,317,749 $ (5,270,271) $ - $ (231,892) $ (5,502,163) $ 2087 (5,502,163) $ - $ 19.18 70,764 $ 1,344,104 $ (4,158,059) $ - $ (182,955) $ (4,341,014) $ 2088 (4,341,014) $ - $ 19.18 72,179 $ 1,370,986 $ (2,970,028) $ - $ (130,681) $ (3,100,709) $ 2089 (3,100,709) $ - $ 19.18 73,623 $ 1,398,406 $ (1,702,303) $ - $ (74,901) $ (1,777,205) $ 2090 (1,777,205) $ - $ 14.57 75,095 $ 1,253,193 $ (524,011) $ - $ (23,056) $ (547,068) $ Project Costs Levy Collections Interest Earned Borrowing Costs 18,291,992 $ 55,185,351 $ 46,939 $ (36,940,297) $