Municipality Writes Down Michipicoten Golf Club Loan

Council approved a $20,994.06 write-down on the Michipicoten Golf Club’s outstanding municipal loan, reducing the balance to $12,297.74. The adjustment recognizes 2021 capital equipment purchases for maintaining the golf course in lieu of cash repayments.

Document date · April 5, 2022

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Scope & details

The full contract record, as filed.

Contract amount

$20,994.06

Contract type

FINANCIAL_SERVICES

Renewal

Original loan agreement established by By-Law 2891-16 (August 9, 2016) and amended by By-Law 3394-21 (May 4, 2021); 2022 resolution further amends repayment by allowing capital purchases to offset principal. No explicit renewal date provided.

Document type

Agenda

Source document

Municipality of Wawa Agenda 2022-04-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Municipality of Wawa?

Michipicoten Golf Club was awarded this financial services contract by Municipality of Wawa, as recorded on April 5, 2022. The contract value is $20,994.06.

How much is the Michipicoten Golf Club contract with Municipality of Wawa worth?

The Michipicoten Golf Club contract with Municipality of Wawa is valued at $20,994.06, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Municipality of Wawa Agenda 2022-04-05 (Agenda), dated April 5, 2022 from Municipality of Wawa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Michipicoten Golf Club hold?

Michipicoten Golf Club 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 Michipicoten Golf Club's profile

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