FINANCIAL_SERVICESONGOING

Hearst Reports $4.9 Million Infrastructure Debenture

Hearst reported an Ontario Infrastructure and Lands Corporation debenture with $4.889 million outstanding at December 31, 2025. The debenture carries 4.53% interest, requires semi-annual blended payments of $168,107 and is due in 2049.

Document date · September 22, 2026

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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
$4,889,042 outstanding principal; semi-annual blended payments of $168,107; interest rate 4.53%
Contract type
FINANCIAL_SERVICES
Contract term
Due in 2049
Renewal date
2049-12-31
Renewal
Existing debenture due in 2049; no renewal terms stated.
Document type
AgendaPacket
Source document
Town of Hearst AgendaPacket Regular Meeting of Council 2026-09-22

Frequently asked questions

Common questions about this contract, answered from the record.

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

Ontario Infrastructure & Lands Corporation was awarded this financial services contract by Town of Hearst, as recorded on September 22, 2026. The contract value is $4,889,042 outstanding principal; semi-annual blended payments of $168,107; interest rate 4.53%.

How much is the Ontario Infrastructure & Lands Corporation contract with Town of Hearst worth?

The Ontario Infrastructure & Lands Corporation contract with Town of Hearst is valued at $4,889,042 outstanding principal; semi-annual blended payments of $168,107; interest rate 4.53%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Hearst AgendaPacket Regular Meeting of Council 2026-09-22 (AgendaPacket), dated September 22, 2026 from Town of Hearst. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ontario Infrastructure & Lands Corporation hold?

Ontario Infrastructure & Lands Corporation 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 Ontario Infrastructure & Lands Corporation's profile

What is Town of Hearst currently buying?

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

View Town of Hearst's profile