City of Weyburn Council Meeting Agenda October 14, 2025
$2.95M Municipal Loan Recommended from Municipal Finance Corporation
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Description
Weyburn administration recommended borrowing $2,950,000 over 10 years from Municipal Finance Corporation to finance police station repairs and utility infrastructure. Loan application to proceed upon Council approval and subsequent bylaw passage.
Contract Details
Contract Amount
$2,950,000
Vendor
MUNICIPAL FINANCE CORPORATION
Agency
City of Weyburn, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
October 14, 2025
Contract Term
10 years at current fixed rate
Renewal Date
2035-10-14
Renewal Info
N/A – standard municipal debenture; renewal options not stated.
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