Town of Souris-Glenwood Minutes Regular Council Meeting 2026-05-12
Interest-Free Bridge Loan to Veterinary District Approved
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Description
Souris‑Glenwood Council approved an interest‑free bridge loan of up to $19,008.00 to the Souris‑Glenwood Veterinary Services District to provide cash‑flow support for the GRO-funded clinic modernization. The loan is repayable upon release of provincial funding or by December 31, 2026 and may only be used for eligible project items.
Contract Details
Contract Amount
up to $19,008.00
Vendor
SOURIS‑GLENWOOD VETERINARY SERVICES DISTRICT
Agency
Town of Souris-Glenwood, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
Repayment due upon provincial funding release, or no later than December 31, 2026
Renewal Date
2026-12-31
Renewal Info
Short‑term bridge loan; repayable upon provincial funding release or by December 31, 2026; no interest charged.
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