Peace River Recommends $6 Million ATB Credit Line

Peace River recommended maintaining a $6 million line of credit with ATB Financial for 2027. The facility will bridge timing gaps between capital project expenditures and receipt of grants, debenture proceeds, reserves, or other approved funding.

Document date · September 28, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Up to $6,000,000 line of credit

Contract type

FINANCIAL_SERVICES

Contract term

2027 borrowing bylaw; effective January 1, 2027; repayable upon demand and not exceeding project completion dates

Renewal date

2027-12-31

Renewal

Annual borrowing bylaw required by ATB as a condition of the credit facility. Bylaw 2183 is repealed and replaced by Bylaw No. 2190; the latest loan renewal agreement was accepted in June 2022.

Document type

AgendaPacket

Source document

Town of Peace River AgendaPacket Regular Council Meeting 2026-09-28

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Peace River?

Atb Financial was awarded this financial services contract by Town of Peace River, as recorded on September 28, 2026. The contract value is Up to $6,000,000 line of credit.

How much is the Atb Financial contract with Town of Peace River worth?

The Atb Financial contract with Town of Peace River is valued at Up to $6,000,000 line of credit, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Peace River AgendaPacket Regular Council Meeting 2026-09-28 (AgendaPacket), dated September 28, 2026 from Town of Peace River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Atb Financial hold?

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

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What is Town of Peace River currently buying?

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

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