Town of Okotoks Awards Financial Services Contract to Okotoks Pickleball & Tennis Centre Society (May 2026)

The Town of Okotoks approved a zero-interest municipal loan of up to $500,000 in 2026 to The Okotoks Pickleball and Tennis Centre Society to fund indoor components of the new centre. The Society must provide acceptable pro forma financials, and the loan will be repaid over 10 annual installments at 0% interest.

Scope & details

The full contract record, as filed.

Contract amount

up to $500,000

Contract type

FINANCIAL_SERVICES

Contract term

10 annual payments at 0.00% interest, starting in 2026

Renewal

Loan agreement structured for 10 annual payments at 0% interest; additional lending of up to $0.800M for outdoor courts may be considered in 2027 budget deliberations.

Document type

Minutes

Source document

Town of Okotoks Regular Meeting Highlights 2026-05-11

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Town of Okotoks Regular Meeting Highlights 2026-05-25

PENDING

Town of Okotoks, CanadaMay 25, 2026

Town of Okotoks Regular Meeting Highlights May 11 2026

APPROVED

Town of Okotoks, CanadaUp to $500,000 in 2026; potential additional lending up to $0.800M for outdoor courts to be considered in 2027 budgetMay 11, 2026

Town of Okotoks Regular Council Meeting Agenda May 11, 2026

PENDING

Town of Okotoks, CanadaMay 11, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Okotoks?

Okotoks Pickleball & Tennis Centre Society was awarded this financial services contract by Town of Okotoks, as recorded on May 11, 2026. The contract value is up to $500,000.

How much is the Okotoks Pickleball & Tennis Centre Society contract with Town of Okotoks worth?

The Okotoks Pickleball & Tennis Centre Society contract with Town of Okotoks is valued at up to $500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Okotoks Regular Meeting Highlights 2026-05-11 (Minutes), dated May 11, 2026 from Town of Okotoks. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Okotoks Pickleball & Tennis Centre Society hold?

Okotoks Pickleball & Tennis Centre Society may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Okotoks Pickleball & Tennis Centre Society's profile

What is Town of Okotoks currently buying?

Explore Town of Okotoks's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Okotoks's profile