FINANCIAL_SERVICESONGOING

Township of Madawaska Valley Regular Council Meeting Agenda Packet 2026-06-16

Township Continues OILC Capital Debenture Repayment

$140,615 principal remaining as of December 31, 2025Township of Madawaska ValleyONTARIO INFRASTRUCTURE AND LANDS CORPORATIONJune 16, 2026

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Description

The Township of Madawaska Valley continues repaying its 3.67% debenture with Ontario Infrastructure and Lands Corporation, carrying a remaining principal of $140,615 as of December 31, 2025. This capital financing matures in December 2028.

Contract Details

Contract Amount

$140,615 principal remaining as of December 31, 2025

Vendor

ONTARIO INFRASTRUCTURE AND LANDS CORPORATION

Agency

Township of Madawaska Valley, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

June 16, 2026

Contract Term

Matures December 2028

Renewal Date

2028-12-31

Renewal Info

Scheduled to mature December 2028; repayment as per agreed terms; no renewal provisions specified.

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