City Uses TD Credit Line for Equipment Purchase
City of Elliot LakeCity · Elliot Lake, ON- Disclosed value
- Up to $196,359.94 financed over five (5) years (within $2,000,000 TD Equipment Line of Credit)
- From staffreport
- Document date
- Aug 26, 2026
The 30-second brief
The City plans to use its previously approved $2,000,000 TD Equipment Line of Credit to finance the net cost of the new Caterpillar 420 backhoe loader over a five-year term. Repayment will follow the interest rate and schedule defined in the existing credit agreement with TD.
TD holds this financial services contract with City of Elliot Lake. Its other public contracts on record include work for Town of Greenwich and City Of Plantation Health Facilities Authority.
Term as filed: 5-year term for backhoe loader financing under existing TD Equipment Line of Credit.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- Up to $196,359.94 financed over five (5) years (within $2,000,000 TD Equipment Line of Credit)
- Document date
- August 26, 2026
- Term
- 5-year term for backhoe loader financing under existing TD Equipment Line of Credit
- Vendor
- TD
- Agency
- City of Elliot Lake
- Source document
- City of Elliot Lake Staff Report Purchase of Replacement Heavy Equipment 2026-08-26 (StaffReport)
TD's other public contracts
More City of Elliot Lake contracts
Questions about this contract
Who was awarded the financial services contract by City of Elliot Lake?
TD was awarded this financial services contract by City of Elliot Lake, as recorded on August 26, 2026. The contract value is Up to $196,359.94 financed over five (5) years (within $2,000,000 TD Equipment Line of Credit).
How much is the TD contract with City of Elliot Lake worth?
The TD contract with City of Elliot Lake is valued at Up to $196,359.94 financed over five (5) years (within $2,000,000 TD Equipment Line of Credit), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in City of Elliot Lake Staff Report Purchase of Replacement Heavy Equipment 2026-08-26 (StaffReport), dated August 26, 2026 from City of Elliot Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does TD hold?
TD may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Elliot Lake currently buying?
Explore City of Elliot Lake's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.