City of Belleville Finance Committee AgendaPacket 2026-06-11
City Executes Investment Transaction with Elexicon Corporation
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Description
The City of Belleville executed a Memorandum of Understanding with Elexicon Corporation in September 2025 and increased its equity investment in December 2025 through the purchase of newly issued shares, formalizing its ownership stake.
Contract Details
Vendor
ELEXICON CORPORATION
Agency
City of Belleville, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 11, 2026
Contract Term
Shareholder equity investment; transaction completed December 2025
Renewal Info
Multi-year municipal equity partnership; share purchase and MOU terms completed in December 2025.
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