The Corporation of the Town of Cochrane AgendaPacket Regular Council Meeting 2026-06-16
One-year renewal of Desjardins municipal loans proposed
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Description
The Treasurer recommended renewing four long-term municipal loans with Desjardins Ontario on a one-year fixed term, citing current interest rate volatility. The proposed renewal consolidates ongoing financing for multiple capital expenditure loans.
Contract Details
Vendor
DESJARDINS ONTARIO
Agency
Town of Cochrane, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
1 year fixed term renewal for four existing loans (Loan 2, 3, 7 and 9)
Renewal Info
Loans 2, 3, 7, and 9 are up for renewal; recommendation is to renew all for one year at the 1-year fixed rate offered by Desjardins.
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The Corporation of the Town of Cochrane AgendaPacket Regular Council Meeting 2026-06-16
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The Corporation of the Town of Cochrane AgendaPacket Regular Council Meeting 2026-06-16
The Corporation of the Town of Cochrane AgendaPacket Regular Council Meeting 2026-06-16
The Corporation of the Town of Cochrane AgendaPacket Regular Council Meeting 2026-06-16
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