Municipality secures $1.2M financing with SunRise Credit Union
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Description
The Municipality of Deloraine-Winchester approved entering into a borrowing agreement with SunRise Credit Union for up to $1.2 million secured by a pledge of municipal taxes. The financing will support capital expenditures such as fleet and infrastructure needs.
Contract Details
Contract Amount
$1,200,000.00
Vendor
SUNRISE CREDIT UNION
Agency
Town of Deloraine-Winchester, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 30, 2026
Renewal Info
Pledge of taxes remains in effect until the loan principal and interest are fully repaid; specific maturity date not stated in minutes.
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Town of Deloraine-Winchester Minutes Council Meeting 2026-05-14
Town of Deloraine-Winchester Minutes Council Meeting 2026-05-14
Town of Deloraine-Winchester Minutes Council Meeting 2026-05-14
Municipality of Deloraine-Winchester Council Meeting Minutes April 30, 2026
Municipality of Deloraine-Winchester Council Meeting Minutes April 30, 2026
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