District of Elkford Regular Council Meeting Agenda Packet April 2026
Elkford continues MFA debenture financing for capital works
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Description
The District of Elkford continues to finance major capital projects such as the district office and paving through long-term debentures issued via the Municipal Finance Authority. Outstanding issues total $9,913,871 in principal with maturities extending to 2041.
Contract Details
Vendor
MUNICIPAL FINANCE AUTHORITY
Agency
District of Elkford, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
Contract Term
Various debenture issues maturing between 2038 and 2041
Renewal Date
2041-12-31
Renewal Info
Debentures are amortizing loans with scheduled principal and interest payments; refinancing may occur at 10- or 15-year reset dates but is not specified in this document.
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