FINANCIAL_SERVICESAPPROVED

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

City Council approved a by-law granting Peterborough Housing Corporation a 10-year property tax exemption for 65 affordable housing units at 555 Bonaccord Street, followed by a 10-year tax increment-based grant. The Mayor and Clerk are authorized to sign agreements to implement the exemption and support PHC’s tax classification appeal with MPAC.

Document date · November 4, 2024

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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
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
10-year property tax exemption followed by 10-year tax increment-based grant
Renewal date
2034-12-02
Renewal
By-law provides an initial 10-year exemption term, followed by a 10-year tax increment-based grant; no automatic renewal beyond these defined periods is indicated.
Document type
Minutes
Source document
City of Peterborough Minutes City Council Minutes 2024-11-04

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Frequently asked questions

Common questions about this contract, answered from the record.

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 minutes record.

Where was this contract approved?

This contract appears in City of Peterborough Minutes City Council Minutes 2024-11-04 (Minutes), 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?

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