CONTRACTRECOMMENDED

Claresholm Recommends Maintaining BMO Credit Line

Disclosed value: $450,000; From staffreport
Document date: Nov 9, 2026

What it covers

The Town of Claresholm recommends maintaining its $450,000 operational revolving line of credit with BMO for 2027. The facility carries an agreed interest rate of Prime + 0%, while the borrowing bylaw establishes a maximum rate of 9%.

Who holds it

BMO holds this financial services contract with Town of Claresholm. Its other public contracts on record include work for City of Plano and East China School District.

What happens next

Term as filed: 2027 operational line of credit; annual borrowing bylaw.

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Contract details

Contract type: Financial Services
Amount: $450,000
Document date: November 9, 2026
Term: 2027 operational line of credit; annual borrowing bylaw
Vendor: BMO
Agency: Town of Claresholm
Source document: Town of Claresholm StaffReport Bylaw 1832 2027 BMO Operational Line of Credit Borrowing Bylaw RFD 2026-11-09 (StaffReport)

BMO's other public contracts

City of Plano, IllinoisBMO Account Analysis Fee Payment Proposed · Nov 15, 2026$267.2 East China School District, MichiganEast China School District AgendaPacket Regular Board of Education Meeting 2026-11-16 · Nov 14, 2026$4.9K Mellen School District, WisconsinMellen District Reports Paid BMO Invoice · Nov 14, 2026Undisclosed Wheatlands Park And Recreation Authority, ColoradoBMO Workers Compensation Coverage Renewal Considered · Nov 12, 2026Undisclosed Sacramento Co Employees Retirement System, CaliforniaSCERS Retains BMO as Commercial Banking Provider · Nov 11, 2026Undisclosed All BMO contractsVendor profile

More Town of Claresholm contracts

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Questions about this contract

Who was awarded the financial services contract by Town of Claresholm?

BMO was awarded this financial services contract by Town of Claresholm, as recorded on November 9, 2026. The contract value is $450,000.

How much is the BMO contract with Town of Claresholm worth?

The BMO contract with Town of Claresholm is valued at $450,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Claresholm StaffReport Bylaw 1832 2027 BMO Operational Line of Credit Borrowing Bylaw RFD 2026-11-09 (StaffReport), dated November 9, 2026 from Town of Claresholm. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does BMO hold?

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

What is Town of Claresholm currently buying?

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

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