Government Beaver Municipal Solutions transition to Claystone Waste Ltd.

BMS Claystone

 

 

 

 

 
Proposed Transition to a Municipally Controlled Corp
 

We encourage you to learn more about this process by clicking on this link: https://beavermunicipal.com/about-us/proposed-transition-to-a-municipally-controlled-corp/

 

Who is Claystone?

Claystone Waste is the proposed successor organization to Beaver Municipal Solutions.

The Beaver Regional Waste Management Services Commission, also known as Beaver Municipal Solutions was created in 1992 and has a mandate to provide waste management services to the residents and businesses of its shareholder municipalities which include Beaver County, the Village of Holden, the Village of Ryley, the Town of Tofield and the Town of Viking, as well as customers located outside of Beaver County. 

In the fall of 2019, Beaver Municipal Solutions and its member municipalities are proposing to transition from a regional services commission to a municipally controlled corporation. This corporate reorganization is meant to provide increased community benefit to residents, protect and promote member municipality sustainability, and enable future waste management operations to be conducted in a more flexible manner. Along with the transition to a more flexible corporate structure, Beaver Municipal Solutions is proposing to rebrand as Claystone Waste Ltd.

Beaver Municipal Solutions History

Since 1992, the Beaver Regional Waste Management Services Commission, also known as Beaver Municipal Solutions, has been providing waste management services to the residents and businesses of its shareholder municipalities which include Beaver County, the Village of Holden, the Village of Ryley, the Town of Tofield and the Town of Viking, as well as customers located outside of Beaver County.

As the size and complexity of our operations has grown so has our commitment to our municipal shareholders and their residents. Last year, Beaver Municipal Solutions provided $2 million in municipal dividends to the communities of Beaver County, the Village of Holden, the Village of Ryley, the Town of Tofield and the Town of Viking representing a contribution back of more than $200 per resident in our region.

In recent years, the Beaver Municipal Solutions Board of Directors and the municipal shareholders have been studying the need to transition from a regional services commission to a new corporate structure of a municipally owned corporation. This is because Beaver Municipal Solutions has outgrown the regional services commission model and it no longer serves the interests of the municipal shareholders or residents in the community.

Under Alberta law, regional services commissions are not intended to provide dividends back to member municipalities, but municipally controlled corporations are. In order to protect and grow community benefits to residents, promote municipal sustainability, and enable future waste management operations to be conducted in a more flexible manner, Beaver Municipal Solutions and its shareholding municipalities are now formally proposing to transition to a municipally controlled corporation called Claystone Waste.

Under the proposal to transition from Beaver Municipal Solutions to Claystone Waste, our commitment and vision to make life better for the people in the communities that we serve does not change.

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