In a decision released today, the province's regulator says dissolution is the best option for residents given the town's financial problems and reduced ability to maintain its infrastructure.
The board has ordered the dissolution to take effect a midnight March 31 at which time it will become a part of the Municipality of Cumberland County.
It says the municipality will conduct a governance study in the coming months to determine the number of councillors and the boundaries for polling districts to take effect for the October 2016 municipal election.
In a decision released last month the board approved the dissolution of the Town of Bridgetown.
The Town of Hanstport has also applied to the board for dissolution.