Village of Clinton Regular Meeting Agenda April 2026
Village Continues MFA Debenture Infrastructure Financing
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Description
The Village of Clinton continues to service long-term debenture financing through the Municipal Finance Authority for its water system and Public Works Building. These borrowings provide capital for infrastructure with repayment extending to 2027 for the water debenture and 2051 for the building loan.
Contract Details
Vendor
MUNICIPAL FINANCE AUTHORITY
Agency
Village of Clinton, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 8, 2026
Contract Term
Water debenture, Bylaw 395, due 2027; Public Works Building debenture, maturing September 2051
Renewal Date
2051-09-30
Renewal Info
Debentures are fixed-term obligations and are not subject to renewal; repayment schedules extend to 2027 and 2051.
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