Township of Madawaska Valley Regular Council Meeting Agenda Packet 2026-06-16
Township Repays OIPC Capital Loan; 2034 Maturity
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Description
The Township of Madawaska Valley continues repayment on its long-term capital loan with Ontario Infrastructure Projects Corporations, with $734,839 remaining as of December 31, 2025. The loan matures in March 2034 and supports municipal capital projects.
Contract Details
Contract Amount
$734,839 principal remaining as of December 31, 2025
Vendor
ONTARIO INFRASTRUCTURE PROJECTS CORPORATIONS
Agency
Township of Madawaska Valley, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Matures March 2034
Renewal Date
2034-03-31
Renewal Info
Scheduled to mature March 2034; no auto-renewal specified. Loan repayment schedule continues as agreed.
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