FINANCIAL_SERVICESAPPROVED

Municipality of South Dundas Awards Financial Services Contract to Ontario Infrastructure and Lands Corporation (May 2026)

South Dundas will issue a $1,027,434.63 debenture to Ontario Infrastructure and Lands Corporation at 4.52% over 15 years to finance the Iroquois Plaza capital project. Council is set to adopt By-law 2026-47 and authorize the Mayor and Treasurer to execute all borrowing documents.

Status
APPROVED
Document date
May 27, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Ontario Infrastructure and Lands Corporation
Agency
Municipality of South Dundas · Canada

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$1,027,434.63 at 4.52% interest over 15 years
Contract type
FINANCIAL_SERVICES
Contract term
June 15, 2026 – June 15, 2041 (15-year debenture)
Renewal date
2041-06-15
Renewal
Single 15-year debenture; no renewals specified. Final payment due June 15, 2041.
Document type
Agenda
Source document
Municipality of South Dundas Agenda 2026-05-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Municipality of South Dundas?

Ontario Infrastructure and Lands Corporation was awarded this financial services contract by Municipality of South Dundas, as recorded on May 27, 2026. The contract value is $1,027,434.63 at 4.52% interest over 15 years.

How much is the Ontario Infrastructure and Lands Corporation contract with Municipality of South Dundas worth?

The Ontario Infrastructure and Lands Corporation contract with Municipality of South Dundas is valued at $1,027,434.63 at 4.52% interest over 15 years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Municipality of South Dundas Agenda 2026-05-27 (Agenda), dated May 27, 2026 from Municipality of South Dundas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ontario Infrastructure and Lands Corporation hold?

Ontario Infrastructure and Lands Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ontario Infrastructure and Lands Corporation's profile

What is Municipality of South Dundas currently buying?

Explore Municipality of South Dundas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Municipality of South Dundas's profile

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