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Olds council, 26 October 2026

Special Council meeting · 3:45 PM · Town of Olds meeting list

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The short version

Council gave second reading to an amended Cornerstone Area Structure Plan bylaw, heard a first look at the draft 2027 budget, and asked for changes to the Town's reserve policy.

📋 The agenda in short

2 items under Business. Plus 3 routine items (opening, minutes, adjournment and the like).

✅ The minutes in short

2 passed.

Key decisions

2 passed
2.1 Bylaw 2026-29 Cornerstone Area Structure Plan…2.2 2027 Budget Discussion

Also on the agenda: ADDED ITEM(s) · ADOPTION OF THE AGENDA · Adjournment

✦ Plain-language summaryWritten from the Town's official agenda and minutes with the help of AI. The official minutes are the final word. Spot a mistake? [email protected]
Item 2.1 · Business

Bylaw 2026-29 Cornerstone Area Structure Plan Amendment

Passed

Proposed (agenda)

Council is asked to update the land-use plan for the Cornerstone area, mainly to allow higher-density and more varied housing on about 64 acres the Town bought and plans to sell to developers. After concerns at the October 13, 2026 public hearing, staff propose a 2-storey height limit next to Cornerstone Village.

Decided (minutes)

Council approved the changes listed in attachment 2, including the proposed amendments, and then gave the bylaw second reading as amended.

How council voted

CarriedMoved by Councillor Blatz

The minutes record this motion only as carried; they don't list who voted which way.

Motion text, as written in the minutes
That Council amend draft Bylaw No. 2026-29 with the changes listed in attachment 2.
That Bylaw No. 2026-29 (Cornerstone Area Structure Plan Amendment) be given second reading as amended.
Item 2.2 · Business

2027 Budget Discussion

Passed

Proposed (agenda)

Staff gave Council a first look at the draft 2027 budget, the 5-year capital plan, and a proposed update to Reserve Policy 217C that would add new savings funds for things like snow removal, the pool, the arena and roads. Nothing in the budget is final; Council is set to deliberate starting in November.

Decided (minutes)

Council received the reserve policy for information and asked that it come back to a future meeting with the changes discussed. Council also accepted the draft 2027 budget presentation as information.

How council voted

CarriedMoved by Councillor Taylor

The minutes record this motion only as carried; they don't list who voted which way.

Motion text, as written in the minutes
That Council receives for information Reserve Policy 217C, as presented, and requests it be brought back to a future council meeting with amendments as discussed.
That Council accepts the DRAFT 2027 Budget presentation as information.