FINANCIAL_SERVICESPENDING

Hydro 2000 Seeks Approval for $341K Mortgage

The Township of Alfred and Plantagenet is being asked to authorize Hydro 2000 Inc. to enter into a $341,250 commercial mortgage to purchase its existing headquarters at 440 St. Philippe Street. The financing would shift the utility from leasing to ownership with closing planned for June 2, 2026, supported by existing cash reserves and rental income.

Status
PENDING
Document date
March 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Hydro 2000 Inc
Agency
Township of Alfred and Plantagenet · Canada

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$341,250
Contract type
FINANCIAL_SERVICES
Contract term
Commercial mortgage to be secured by March 30, 2026; closing of property purchase June 2, 2026
Renewal
Single long-term commercial mortgage to finance purchase; no renewal terms specified in the agenda materials. Financing condition must be met by March 30, 2026, and the loan will be secured against 440 St. Philippe Street.
Document type
AgendaPacket
Source document
Canton d'Alfred et Plantagenet Committee of the Whole Agenda Packet March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Township of Alfred and Plantagenet?

Hydro 2000 Inc was awarded this financial services contract by Township of Alfred and Plantagenet, as recorded on March 24, 2026. The contract value is $341,250.

How much is the Hydro 2000 Inc contract with Township of Alfred and Plantagenet worth?

The Hydro 2000 Inc contract with Township of Alfred and Plantagenet is valued at $341,250, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Canton d'Alfred et Plantagenet Committee of the Whole Agenda Packet March 2026 (AgendaPacket), dated March 24, 2026 from Township of Alfred and Plantagenet. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hydro 2000 Inc hold?

Hydro 2000 Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Township of Alfred and Plantagenet currently buying?

Explore Township of Alfred and Plantagenet's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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