Upper Canada District School Board Agenda Regular Board Meeting 2026-06-10
RBC Royal Bank Lease Facility Approved for 2026-27
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Description
The Upper Canada District School Board approved a $3,000,000 lease facility with RBC Royal Bank for short-term borrowing related to capital expenditures and equipment acquisition during the 2026-27 fiscal year.
Contract Details
Contract Amount
$3,000,000
Vendor
RBC ROYAL BANK
Agency
Almonte Intermediate School, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 10, 2026
Contract Term
2026-27 fiscal year
Renewal Date
2027-06-30
Renewal Info
Renewed annually, consistent with Board banking contract; 2026-27 facilities remain unchanged from 2025-26.
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