A motion to be discussed next week proposes a temporary moratorium on new rezoning applications related to large-scale data centres within the City of Calgary.

The Calgary Chamber of Commerce called the rate hikes "egregious" and warned the costs will impact business competitiveness and stretch bottom lines.

Earlier this month, a city committee endorsed a surface alignment into Calgary's downtown core along 10 Avenue S.W. instead of an elevated track.

The new library at the Symons Valley Centre in Calgary's northwest community of Sage Hill is expected to be complete in mid-2028.

It comes after Calgary city council voted to write a letter to the province asking for an investigation into the leak of confidential budget documents.

According to the report, Calgary must build between 23,000 and 24,000 total new housing starts annually over the next 10 years to close the gap.

Calgary mayor Jeromy Farkas said the city's $50 billion infrastructure deficit "won't dissapear" in a single budget or council term, but noted council must chip away at it.

Preliminary budget documents obtained by Global News show a large property tax increase would be required to pay for the funding requests in front of Calgary city council.

The figures were included in a number of confidential, preliminary budget documents obtained by Global News after being presented to Calgary city council earlier this summer.

The City of Calgary's contracts come as the Calgary Stampede evaluates bids to study the possibility of multi-purposing GMC Stadium to allow for field sports.