City of Ottawa Finance and Corporate Services Committee Agenda 2026-06-02
Orléans CIP Grant Proposed for 211 Centrum Redevelopment
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Description
The City intends to award an estimated $3.36 million in Integrated Orléans Community Improvement Plan grants over up to ten years to 12259095 Canada Inc., as general partner for Société en commandite Joyce, for redevelopment at 211 Centrum Boulevard. The grant will be formalized through a Community Improvement Plan Agreement.
Contract Details
Contract Amount
$3,355,533 over up to 10 years (estimated)
Vendor
12259095 CANADA INC AS GENERAL PARTNER FOR SOCIÉTÉ EN COMMANDITE JOYCE
Agency
City of Ottawa, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
Contract Term
Up to 10 years
Renewal Date
2036-12-31
Renewal Info
Grant program to run up to ten years subject to CIP Agreement terms, with no renewal beyond the maximum term indicated.
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