Zurich Water Line Debenture
The Municipality completed construction of a new waterline connecting Zurich to the Lake Huron Primary Water Supply System (LHPWSS) in 2023. With the connection to LHPWSS, the municipal well that previously supplied water to Zurich was decommissioned.
Project costs were finalized in 2024 and option notices for the debenture of the costs were mailed to users connected to the Zurich water line. For those users who chose to debenture the amount owing—either the full amount or in part—the capital charge has been added to the property tax account and will be collected, with interest, over the next 20 years (until 2044).
The rate secured by the Municipality for the capital charge is 4.38%, amortizing over 20 years.
Further explanation of the capital charge can be found in the August 12, 2024 council report and its attachments.
This table details the Total Capital charge including interest and what the annual amount will be.
| Description of Charge | Total Capital Charge (including interest) | Annual Amount (to be applied beginning in 2025 and ending December of 2044) |
|---|---|---|
| Full capital charge | $17,925.26 | $896.26 |
| Three-quarter capital charge | $13,443.94 | $672.20 |
| One-half capital charge | $8,962.63 | $448.13 |
| One-quarter capital charge | $4,481.32 | $224.07 |
Frequently asked questions
If you have property that is not currently connected to the Zurich water line but may connect in the future, you will be responsible for paying a a connection charge. You are not responsible for paying the capital charge.
Vacant lots will pay their share of the Zurich water line when their lot is developed through the collection of Development Charges.
Municipality of Bluewater
14 Mill Avenue
ZURICH, ON
N0M 2T0
Phone: 519-236-4351
or 1-877-236-4351
Fax: 519-236-4329
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