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FINANCIAL_SERVICESAPPROVED

Corporation of the Town of Ingersoll AgendaPacket Special Meeting of Council 2026-06-16

Council Approves OILC Financing for Clark Road Urbanization

$9,302,000 (maximum debenture amount)Town of IngersollONTARIO INFRASTRUCTURE AND LANDS CORPORATIONJune 16, 2026

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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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Town of Ingersoll Council authorized an application to OILC for debenture financing up to $9,302,000 for Clark Road Urbanization, with the County of Oxford to issue the debentures.

Contract Details

Contract Amount

$9,302,000 (maximum debenture amount)

Vendor

ONTARIO INFRASTRUCTURE AND LANDS CORPORATION

Agency

Town of Ingersoll, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

June 16, 2026

Renewal Info

No automatic renewal; any changes or further amounts require Council approval and new by-law.

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