FINANCIAL_SERVICESONGOING

Village Maintains Long-Term Debt With MFA

The Village continues its long-term borrowing arrangements with the Municipal Finance Authority, carrying $2,792,678 in outstanding debt as of December 31, 2025, including a 2024 equipment loan for snow removal machinery. Debt maturities range from 2028 to 2038 with scheduled annual repayments.

Status
ONGOING
Document date
May 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Municipal Finance Authority
Agency
Village of Radium Hot Springs · Canada

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,792,678 outstanding (various loans)
Contract type
FINANCIAL_SERVICES
Contract term
Loans maturing April 2028, September 2038, and December 2029
Renewal date
2038-09-30
Renewal
Existing debenture and equipment financing agreements with fixed amortization schedules; renewals or refinancing would be considered upon maturity.
Document type
AgendaPacket
Source document
Village of Radium Hot Springs Council Meeting Agenda May 11 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Village of Radium Hot Springs?

Municipal Finance Authority was awarded this financial services contract by Village of Radium Hot Springs, as recorded on May 11, 2026. The contract value is $2,792,678 outstanding (various loans).

How much is the Municipal Finance Authority contract with Village of Radium Hot Springs worth?

The Municipal Finance Authority contract with Village of Radium Hot Springs is valued at $2,792,678 outstanding (various loans), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of Radium Hot Springs Council Meeting Agenda May 11 2026 (AgendaPacket), dated May 11, 2026 from Village of Radium Hot Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Finance Authority hold?

Municipal Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Municipal Finance Authority's profile

What is Village of Radium Hot Springs currently buying?

Explore Village of Radium Hot Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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