FINANCIAL_SERVICESONGOING

Town Maintains Debenture Financing with ACFA

Picture Butte continues to service $1.37 million in long-term debentures with Alberta Capital Finance Authority, supporting municipal capital projects. The debt, carrying interest rates between 3.973% and 6.125%, is scheduled for repayment through 2052.

Status
ONGOING
Document date
April 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Alberta Capital Finance Authority
Agency
Town of Picture Butte · Canada

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,371,690 outstanding principal; $2,483,200 total remaining debt service (principal and interest)
Contract type
FINANCIAL_SERVICES
Contract term
Debt matures between 2026 and 2052
Renewal date
2052-12-31
Renewal
Debentures follow fixed amortization schedules; no renewal terms indicated, but refinancing could be considered upon maturity.
Document type
Agenda
Source document
Picture Butte Town Council Meeting Agenda April 13 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Picture Butte?

Alberta Capital Finance Authority was awarded this financial services contract by Town of Picture Butte, as recorded on April 13, 2026. The contract value is $1,371,690 outstanding principal; $2,483,200 total remaining debt service (principal and interest).

How much is the Alberta Capital Finance Authority contract with Town of Picture Butte worth?

The Alberta Capital Finance Authority contract with Town of Picture Butte is valued at $1,371,690 outstanding principal; $2,483,200 total remaining debt service (principal and interest), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Picture Butte Town Council Meeting Agenda April 13 2026 (Agenda), dated April 13, 2026 from Town of Picture Butte. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alberta Capital Finance Authority hold?

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

View Alberta Capital Finance Authority's profile

What is Town of Picture Butte currently buying?

Explore Town of Picture Butte's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Picture Butte's profile

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