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GSCA capital loan financed through City of Owen Sound
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Description
Grey Sauble Conservation Authority is utilizing a $2.1 million, 15‑year loan from the City of Owen Sound at 4.2% interest to fund administration centre renovations. Annual debt service of $190,118.04 is recovered from member municipalities through the conservation authority levy.
Contract Details
Contract Amount
$2.1 million financing at 4.2% interest; annual repayment $190,118.04 over 15 years
Vendor
CITY OF OWEN SOUND
Agency
Town of The Blue Mountains, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
January 26, 2026
Contract Term
15 years beginning in 2025 for GSCA administration centre renovation financing
Renewal Date
2040-12-31
Renewal Info
Fixed-term loan for 15 years starting in 2025; no renewals described, repayment incorporated into annual levy until maturity.
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