Civic IQ
FINANCIAL_SERVICESAPPROVED

Upper Canada District School Board Agenda Regular Board Meeting 2026-06-10

Board Grants $2M Letter of Credit Facility to RBC

$2,000,000R Tait McKenzie Public SchoolRBC ROYAL BANKJune 10, 2026

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Description

RBC Royal Bank was granted approval for a $2 million credit facility in letters of credit and guarantees for the Board’s contingent and project obligations during fiscal year 2026-27.

Contract Details

Contract Amount

$2,000,000

Vendor

RBC ROYAL BANK

Agency

R Tait McKenzie Public School, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

June 10, 2026

Contract Term

2026-27 fiscal year

Renewal Date

2027-06-30

Renewal Info

Facility remains unchanged from previous fiscal year, continuing through 2026-27.

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