East Ferris Guarantees Cassellholme Redevelopment Debt
Township of East FerrisCity · Corbeil, ON- Disclosed value
- $4,298,322 maximum guaranteed proportion of the debt
- From agendapacket
- Document date
- Oct 5, 2026
The 30-second brief
East Ferris authorized a guarantee agreement with Ontario Infrastructure and Lands Corporation for the Cassellholme redevelopment financing. The Municipality's guaranteed share is capped at $4.30 million, representing 7.45% of the debt.
Ontario Infrastructure & Lands Corporation holds this financial services contract with Township of East Ferris. Its other public contracts on record include work for Town of Deep River and County of Brant.
Term as filed: Agreement authorized in March 2022; repayment obligation continues for the financing term.
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Contract details
- Contract type
- Financial Services
- Amount
- $4,298,322 maximum guaranteed proportion of the debt
- Document date
- October 5, 2026
- Term
- Agreement authorized in March 2022; repayment obligation continues for the financing term
- Agency
- Township of East Ferris
- Source document
- Municipality of East Ferris AgendaPacket Special Meeting of Council 2026-10-05 (AgendaPacket)
Ontario Infrastructure & Lands Corporation's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Township of East Ferris?
Ontario Infrastructure & Lands Corporation was awarded this financial services contract by Township of East Ferris, as recorded on October 5, 2026. The contract value is $4,298,322 maximum guaranteed proportion of the debt.
How much is the Ontario Infrastructure & Lands Corporation contract with Township of East Ferris worth?
The Ontario Infrastructure & Lands Corporation contract with Township of East Ferris is valued at $4,298,322 maximum guaranteed proportion of the debt, 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 Municipality of East Ferris AgendaPacket Special Meeting of Council 2026-10-05 (AgendaPacket), dated October 5, 2026 from Township of East Ferris. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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.
What is Township of East Ferris currently buying?
Explore Township of East Ferris's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.