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City of Peterborough Awards Financial Services Contract to Peterborough Housing Corporation (November 2024)

City of Peterborough logoCity of Peterborough
Approved
Nov 4, 2024

The 30-second brief

What it covers

Council endorsed Peterborough Housing Corporation's appeal to MPAC on the tax classification of 555 Bonaccord Street and authorized execution of agreements to provide a 10-year property tax exemption followed by a 10-year tax increment-based grant. These agreements support 65 affordable housing units at Hunt Terraces.

Who holds it

Peterborough Housing Corporation holds this financial services contract with City of Peterborough.

What happens next

Term as filed: 10-year property tax exemption followed by 10-year tax increment-based grant.

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Contract details

Contract type
Financial Services
Document date
November 4, 2024
Term
10-year property tax exemption followed by 10-year tax increment-based grant
Vendor
Peterborough Housing Corporation
Agency
City of Peterborough
Source document
City of Peterborough Agenda City Council Meeting Agenda 2024-11-04 (Agenda)

Peterborough Housing Corporation's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Peterborough?

Peterborough Housing Corporation was awarded this financial services contract by City of Peterborough, as recorded on November 4, 2024.

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 City of Peterborough Agenda City Council Meeting Agenda 2024-11-04 (Agenda), dated November 4, 2024 from City of Peterborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peterborough Housing Corporation hold?

Peterborough Housing Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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