RM of Emerson-Franklin Council Meeting Minutes April 2026
Emerson-Franklin Approves $2.2M Credit Line with Access CU
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Description
The Municipality of Emerson-Franklin approved an annual banking agreement with Access Credit Union for a line of credit up to $2,200,000 to cover 2026 operating expenditures until taxes are collected. The borrowing is secured by 2026 municipal tax revenues and must be repaid within the year.
Contract Details
Contract Amount
$2,200,000.00
Vendor
ACCESS CREDIT UNION
Agency
RM of Emerson-Franklin, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Contract Term
Within the year 2026
Renewal Date
2026-12-31
Renewal Info
Single-year operating line of credit facility for 2026, repayable within the same fiscal year; no multi-year renewal terms described.
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