District of Peachland Council Meeting Agenda February 2026
Peachland Approves $1.5M Borrowing Authority with Vantage One
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Description
The District of Peachland Council approved a bylaw authorizing up to $1,500,000 in revenue anticipation borrowing for operational needs through Vantage One Credit Union in 2026. The loan, if used, must be repaid by December 31, 2026.
Contract Details
Contract Amount
Up to $1,500,000
Vendor
VANTAGE ONE CREDIT UNION
Agency
District of Peachland, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
February 10, 2026
Contract Term
Through December 31, 2026
Renewal Date
2026-12-31
Renewal Info
This annual borrowing authority is renewed each year. Repayment is due by December 31, 2026; if not used, there is no debt incurred.
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