Township of Ramara Regular Council Minutes April 27, 2026
Ramara Approves OILC Debenture Financing Bylaw
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Description
Ramara Council passed Bylaw 2026.21 authorizing an application to Ontario Infrastructure and Lands Corporation for debenture financing of municipal capital works. The bylaw enables the Township to secure long-term borrowing from OILC, with detailed amounts and terms to be finalized through the financing process.
Contract Details
Vendor
ONTARIO INFRASTRUCTURE & LANDS CORPORATION
Agency
Township of Ramara, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
Long-term debenture financing term not specified
Renewal Info
Financing and debenture terms will follow OILC’s standard long-term borrowing arrangements; renewal or refinancing would occur under separate future agreements if needed.
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