City and County of Lacombe sign historic agreements
The City and County of Lacombe have signed a pair of historic joint agreements that aim to lead the way for the servicing and future development of lands at the western edge of Lacombe near the QE2 and Highway 12 interchange.
The Joint Economic Area Servicing Agreement includes details how services will be provided and the costs associated with them. While the Capital Project Contribution Agreement details how the shares of the project will be paid and how construction will move forward.
Lacombe Mayor Steve Christie is elated with the agreements, saying “I trust that this relationship and partnership will go forward into the future to enhance economic development not only in the City but in the County which benefits the whole region.”
Christie adds, “We can work together in attracting businesses, which we do already but the joint revenue sharing is a big plus for the City and services is a big plus for the County”. Christie further points out “This partnership is the key to more development on our borders.”