City of Welland Council Meeting Agenda April 14 2026
Welland Seeks $7.4M Debenture Issue Via Niagara Region
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Description
Welland staff recommend engaging the Regional Municipality of Niagara to issue $7,419,000 in debentures on the City’s behalf to finance several completed capital projects. The debentures, with terms up to ten years, will fund tax-supported infrastructure already authorized in prior budgets.
Contract Details
Vendor
REGIONAL MUNICIPALITY OF NIAGARA
Agency
City of Welland, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Renewal Info
Region of Niagara acts as issuing authority for Welland debentures; 2026 spring issuance anticipated with possible additional fall 2026 issuance for other projects reaching substantial completion.
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City of Welland Council Meeting Agenda April 14 2026
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