The Corporation of The Nation Municipality Regular Council Agenda 2026-06-22
Council Approves Infrastructure Ontario Borrowing for Water Projects
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Description
The Nation Municipality Council approved submitting a temporary and eventual long-term borrowing application to Infrastructure Ontario to finance municipal water projects. This action follows an updated annual repayment limit calculation presented to Council.
Contract Details
Vendor
ONTARIO INFRASTRUCTURE & LANDS CORPORATION (INFRASTRUCTURE ONTARIO)
Agency
The Nation Municipality, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Renewal Info
Borrowing will begin as temporary financing and convert to long-term debt with Infrastructure Ontario; specific amortization period and renewal options not noted in the agenda.
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