Town of Raymore Minutes Special Meeting 2026-03-20
Raymore explores arena financing with local credit union
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Description
The Town of Raymore discussed financing options with Raymore Credit Union for the Raymore Arena renovations, including a $750,000 loan and use of up to one million from Town reserve accounts. Council intends to use both loan proceeds and reserves to fund arena upgrades with no extra cost for reserve withdrawals.
Contract Details
Contract Amount
up to one million from Town reserve accounts plus $750,000 loan (amount inferred from repayment motion)
Vendor
RAYMORE CREDIT UNION
Agency
Town of Raymore, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
March 20, 2026
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