City Continues Servicing Long-Term Loans with MFC
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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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City of Weyburn Council Meeting Agenda Packet May 11, 2026
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