Oliver Paipoonge Council Meeting Agenda April 2026
Second Infrastructure Ontario debenture borrowing approved
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Description
Council adopted By-law No. 36-2026 approving long-term debenture borrowing of $1,250,000.00 from Ontario Infrastructure and Lands Corporation to fund capital works under FA 2008. This measure secures Infrastructure Ontario financing for paving and fire vehicle projects.
Contract Details
Contract Amount
$1,250,000.00 principal
Vendor
ONTARIO INFRASTRUCTURE & LANDS CORPORATION
Agency
Municipality of Oliver Paipoonge, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 29, 2026
Renewal Info
Long-term debenture; any renewal or refinancing would occur at maturity in accordance with Infrastructure Ontario loan terms.
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