FINANCIAL_SERVICESAWARDED

Town of Crossfield Awards Financial Services Contract to Alberta Capital Finance Authority (April 2025)

The Town of Crossfield utilizes long-term debenture financing through Alberta Capital Finance Authority, including a new $678,630 loan at 3.97% interest beginning August 2025. Existing municipal debt is managed through this authority.

Status
AWARDED
Document date
April 22, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Alberta Capital Finance Authority
Agency
Town of Crossfield · Canada

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TerraCycle logo
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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
Long-term debt principal $6,733,100 as of December 31, 2024; recent debenture $678,630 (fixed rate 3.97%)
Contract type
FINANCIAL_SERVICES
Contract term
Existing debentures mature in 2032 and 2039; New debenture (issued after year end) term Aug 8, 2025 – Feb 28, 2033
Renewal date
2033-02-28
Renewal
Existing debentures mature in 2032 and 2039. A new debenture for a capital asset starts August 8, 2025. Ongoing relationship for municipal debt financing.
Document type
Agenda
Source document
Town of Crossfield Special Council Meeting Agenda April 22, 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Crossfield?

Alberta Capital Finance Authority was awarded this financial services contract by Town of Crossfield, as recorded on April 22, 2025. The contract value is Long-term debt principal $6,733,100 as of December 31, 2024; recent debenture $678,630 (fixed rate 3.97%).

How much is the Alberta Capital Finance Authority contract with Town of Crossfield worth?

The Alberta Capital Finance Authority contract with Town of Crossfield is valued at Long-term debt principal $6,733,100 as of December 31, 2024; recent debenture $678,630 (fixed rate 3.97%), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Crossfield Special Council Meeting Agenda April 22, 2025 (Agenda), dated April 22, 2025 from Town of Crossfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alberta Capital Finance Authority hold?

Alberta Capital Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Alberta Capital Finance Authority's profile

What is Town of Crossfield currently buying?

Explore Town of Crossfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Crossfield's profile

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