Township of Lanark Highlands Committee of the Whole Agenda 2026-05-26
Lanark Highlands plans IO loans for bridges, fire trucks
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Description
Lanark Highlands Council will consider applying to Infrastructure Ontario for long-term financing of the Sheridan Rapids Bridges and new fire trucks, locking in 20-year and 10-year fixed interest rates. By-laws 2026-2036 and 2026-2037 would authorize submission of the loan applications to Ontario Infrastructure and Lands Corporation.
Contract Details
Vendor
INFRASTRUCTURE ONTARIO
Agency
Township of Lanark Highlands, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
20 years at 4.79% and 10 years at 4.19%
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