City of Welland Council Meeting Agenda April 14 2026
Welland Seeks $7.4M Debenture Issue via Niagara Region
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Description
City of Welland staff recommend that Council authorize a $7,419,000 debenture issuance through the Regional Municipality of Niagara to finance multiple capital projects. The debentures would be tax-supported with terms of up to ten years.
Contract Details
Contract Amount
$7,419,000
Vendor
REGIONAL MUNICIPALITY OF NIAGARA
Agency
City of Welland, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Contract Term
Up to 10-year debentures to be issued in Spring 2026
Renewal Info
Future additional debenture authorization may be requested for the 2026 Fall issuance as more projects reach substantial completion.
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