Town of Springside Council Meeting Minutes March 16 2026
Springside Approves $200K Line of Credit Borrowing
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Description
The Town of Springside Council approved borrowing $200,000.00 from Cornerstone Credit Union at prime plus 0.50% per annum and authorized execution of associated agreements. This line of credit will provide short-term financing flexibility for municipal operations.
Contract Details
Contract Amount
$200,000.00 at prime plus 0.50% per annum
Vendor
CORNERSTONE CREDIT UNION
Agency
Town of Springside, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
March 16, 2026
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