City of Saskatoon Minutes Standing Policy Committee on Finance 2026-05-06
Committee backs $3.8M purchase of Lorne Ave land
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Description
The Standing Policy Committee on Finance recommended that City Council approve acquisition of 2950 Lorne Avenue from 101109059 Saskatchewan Ltd. for $3.8 million to develop a municipal works yard. The purchase will be funded through a combination of utility capital reserves and borrowing, subject to public notice, with legal agreements to be executed under the Corporate Seal.
Contract Details
Contract Amount
$3,800,000
Vendor
101109059 SASKATCHEWAN LTD
Agency
City of Saskatoon, Canada
Contract Type
FACILITIES
Document Date
May 6, 2026
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