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FINANCIAL_SERVICESONGOING

City of Weyburn Council Meeting Agenda Packet May 11, 2026

City Continues Servicing Long-Term Loans with MFC

$9,669,410.31 and $2,950,000.00 outstanding loan balancesCity of WeyburnMFCMay 11, 2026

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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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Weyburn continues to service two long-term loans with MFC totaling about $12.62 million in outstanding principal as of March 31, 2026, with annual payments due in January and February. These loans support prior municipal capital investments.

Contract Details

Contract Amount

$9,669,410.31 and $2,950,000.00 outstanding loan balances

Vendor

MFC

Agency

City of Weyburn, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

May 11, 2026

Contract Term

Annual payments on February 11 and January 21; loan maturity dates not stated

Renewal Info

No renewal terms are detailed; loans remain in repayment until their undisclosed maturity dates.

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