FINANCIAL_SERVICESONGOING

MCAP mortgage on Parkland Court nears 2026 maturity

Lanark County maintains a mortgage with MCAP on the Parkland Court property, with $55,785 in principal outstanding at the end of 2025. The 6.51% loan requires blended monthly payments of $17,993 and will mature in March 2026.

Status
ONGOING
Document date
June 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
MCAP
Agency
County of Lanark · Canada

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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

Scope & details

The full contract record, as filed.

Contract amount
$55,785 outstanding (6.51%, blended monthly payments of $17,993)
Contract type
FINANCIAL_SERVICES
Contract term
Mortgage maturing March 2026
Renewal date
2026-03-31
Renewal
Loan scheduled to mature in March 2026; County may refinance, repay, or replace financing at that time.
Document type
Agenda
Source document
Lanark County Council Agenda 2026-06-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by County of Lanark?

MCAP was awarded this financial services contract by County of Lanark, as recorded on June 24, 2026. The contract value is $55,785 outstanding (6.51%, blended monthly payments of $17,993).

How much is the MCAP contract with County of Lanark worth?

The MCAP contract with County of Lanark is valued at $55,785 outstanding (6.51%, blended monthly payments of $17,993), covering financial services work.

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 Lanark County Council Agenda 2026-06-24 (Agenda), dated June 24, 2026 from County of Lanark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MCAP hold?

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

View MCAP's profile

What is County of Lanark currently buying?

Explore County of Lanark's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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