CONTRACTONGOING

City Continues Servicing Long-Term Loans with MFC

Disclosed value: $9,669,410.31 and $2,950,000.00 outstanding loan balances; From agendapacket
Document date: May 11, 2026

What it covers

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.

Who holds it

MFC holds this financial services contract with City of Weyburn. Its other public contracts on record include work for City of Martensville and City of Faribault.

What happens next

Term as filed: Annual payments on February 11 and January 21; loan maturity dates not stated.

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Contract details

Contract type: Financial Services
Amount: $9,669,410.31 and $2,950,000.00 outstanding loan balances
Document date: May 11, 2026
Term: Annual payments on February 11 and January 21; loan maturity dates not stated
Vendor: MFC
Agency: City of Weyburn
Source document: City of Weyburn Council Meeting Agenda Packet May 11, 2026 (AgendaPacket)

MFC's other public contracts

City of Martensville, SKMartensville Plans $15.5 Million MFC Water Project Loan · Nov 10, 2026$15.5M City of Faribault, MinnesotaEDA Includes MFC Loan in 2027 Projections · Oct 22, 2026Undisclosed City of Weyburn, CanadaCity Reports Loans Payable to MFC · Sep 14, 2026$12.6M Ridgefield School District, New JerseyMFC Receives Saturday Morning Access to Willis Field · Jun 25, 2026$3.8K Ridgefield School District, New JerseySaturday Morning Field Use Approved for MFC · Jun 25, 2026$3.8K All MFC contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Weyburn?

MFC was awarded this financial services contract by City of Weyburn, as recorded on May 11, 2026. The contract value is $9,669,410.31 and $2,950,000.00 outstanding loan balances.

How much is the MFC contract with City of Weyburn worth?

The MFC contract with City of Weyburn is valued at $9,669,410.31 and $2,950,000.00 outstanding loan balances, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Weyburn Council Meeting Agenda Packet May 11, 2026 (AgendaPacket), dated May 11, 2026 from City of Weyburn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does MFC hold?

MFC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Weyburn currently buying?

Explore City of Weyburn's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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