Oliver Paipoonge Council Meeting Agenda April 2026
Debenture borrowing approved with Infrastructure Ontario FA 2007
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Description
Council enacted By-law No. 35-2026 to authorize long-term borrowing of $1,695,044.00 in debentures from Ontario Infrastructure and Lands Corporation to finance municipal capital works under FA 2007. The by-law formalizes the Infrastructure Ontario loan arrangement.
Contract Details
Contract Amount
$1,695,044.00 principal
Vendor
ONTARIO INFRASTRUCTURE & LANDS CORPORATION
Agency
Municipality of Oliver Paipoonge, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 29, 2026
Renewal Info
Long-term debenture; future refinancing or renewal would occur upon maturity under Infrastructure Ontario terms.
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