Township of Edwardsburgh Cardinal Agenda 2026-05-25
Council to Consider RBC Financing for Land Bank
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Description
Council is scheduled to consider approving RBC’s one‑year fixed financing of $7,692,121.20 at 3.78% to support the Township’s land bank acquisition. The resolution follows a positive recommendation from the Administration & Operations Committee.
Contract Details
Contract Amount
$7,692,121.20 at 3.78% (one-year fixed)
Vendor
RBC
Agency
Township of Edwardsburgh/Cardinal, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
Contract Term
1-year fixed financing
Renewal Date
2027-05-25
Renewal Info
One-year fixed term with potential refinancing or renewal after maturity; details to be determined.
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