Township of Georgian Bay Council Agenda Packet 2026-06-01
Georgian Bay services $1.43M in Muskoka debentures
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Description
The Township continues to service $1.43 million in long-term debentures owed to the District of Muskoka, funding key infrastructure such as municipal facilities and storm sewers. Debenture series mature between 2026 and 2038 with semi-annual payments.
Contract Details
Contract Amount
$1,430,169 (outstanding principal at December 31, 2025)
Vendor
DISTRICT OF MUSKOKA
Agency
Township of Georgian Bay, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 1, 2026
Contract Term
Semi-annual payments through November 2038
Renewal Date
2038-11-30
Renewal Info
Fixed-term debenture financing with no renewal; debt amortizes to final maturity between 2026 and 2038.
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