Corporation of the Town of Ingersoll AgendaPacket Special Meeting of Council 2026-06-16
Council Approves OILC Financing for MURC Project
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Description
The Town of Ingersoll Council approved authorized borrowing through the Ontario Infrastructure and Lands Corporation for the Multi Use Recreational Centre (MURC) in an amount not exceeding $18,758,000. Financing will be secured via debentures issued by the County of Oxford.
Contract Details
Contract Amount
$18,758,000 (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; further by-law or Council action required for amendments or additional borrowings.
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