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TOWN OF BOWDEN
PROVINCE OF ALBERTA
BYLAW 02/2001

BEING A BYLAW OF THE TOWN OF BOWDEN TO AUTHORIZE THE MAYOR AND CHIEF ADMINISTRATIVE OFFICER
TO ENTER INTO AN AGREEMENT GRANTING UTILICORP NETWORKS CANADA (THE "COMPANY"),
THE RIGHT TO PROVIDE DISTRIBUTION ACCESS SERVICES WITHIN THE TOWN OF BOWDEN.

WHEREAS, the amount of taxes estimated to be levied for the year 2004 by the Town of Bowden for all purposes is estimated to be the sum of Seven Hundred and Twenty-Five Thousand Dollars ($725,000),

WHEREAS, the Council of the Town of Bowden and the Company have agreed to enter into an Electric Distribution Franchise Agreement (the "Agreement"), in the form annexed hereto; and

WHEREAS, it is deemed that the Agreement would be to the general benefit of the consumers within the Town of Bowden.

NOW THEREFORE, the Council of the Town of Bowden enacts as follows:

  1. THAT the Electric Distribution System Franchise Agreement, a copy of which is annexed hereto as Schedule "A", be and the same is hereby ratified, confirmed and approved, and the Mayor and Chief Administrative Officer are hereby authorized to enter into the Electric Distribution System Franchise Agreement for and on behalf of the Town, and the Chief Administrative Officer is hereby authorized to affix thereto the corporate seal of the Town.
  2. THAT the Electric Distribution System Franchise Agreement annexed hereto as Schedule "A" is hereby incorporated in, and made part of, this Bylaw.
  3. THAT the Council consents to the exercise by the Company with the Town of any of the powers given to the Company by the Water, Gas and Electric Companies Act, R.S.A. 1980 c. W-4, as amended.
  4. THAT this Bylaw shall come into force upon the Electric Distribution System Franchise Agreement being approved by the Alberta Energy and Utilities Board and upon being given third reading and finally passed.

Read a first time this ________ day of _______________________________________, 2001.

Read a second time this ________ day of ____________________________________, 2001.

Read a third time and finally passed, this ________ day of ________________________, 2001.

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