Corporation of the Town of Ingersoll AgendaPacket Special Meeting of Council 2026-06-16
Ingersoll Approves $9.3M OILC Financing for Clark Road
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Description
By-Law 26-5472 was approved by Ingersoll Council to submit a financing application to Ontario Infrastructure and Lands Corporation (OILC) for up to $9,302,000 in debenture funding for the Clark Road Urbanization project, through the County of Oxford.
Contract Details
Contract Amount
$9,302,000 (maximum debenture amount)
Vendor
ONTARIO INFRASTRUCTURE AND LANDS CORPORATION OILC
Agency
Town of Ingersoll, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Renewal Info
Long-term borrowing through debenture; renewal provisions, if any, per OILC program and debenture terms.
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