Town of Grimsby Council Agenda Packet 2026-05-25
Grimsby to Use IO Financing for Peach King Centre
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Description
Grimsby will participate in an Infrastructure Ontario financing program through Ontario Infrastructure and Lands Corporation to support up to $20,259,925 in debenture funding for the Peach King Centre expansion. The Town Treasurer will execute the required certificate to support the IO application.
Contract Details
Contract Amount
$20,259,925 (maximum financing applied for)
Vendor
ONTARIO INFRASTRUCTURE AND LANDS CORPORATION
Agency
Town of Grimsby, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
Contract Term
Up to 30 years, aligned with debenture term
Renewal Date
2056-05-25
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