Township of North Glengarry Awards Financial Services Contract to Township of North Glengarry (November 2019)
Township of North GlengarryCity · Alexandria, ON- Disclosed value
- Tile drainage debenture principal $26,600.00; interest $3,614.09; line of credit $50,000
- From agenda
- Approved
- Nov 25, 2019
- Renews
- Free account
The 30-second brief
North Glengarry Council adopted Rating By-law 47-2019 and executed Tile Drainage Debenture 2019-02 for $26,600 to finance subsurface drainage works for landowners under the Tile Drainage Act. The loan is repaid over ten years via special annual drainage rates and supported by existing borrowing By-law 42-2014.
Township of North Glengarry holds this financial services contract with Township of North Glengarry. Its other public contracts on record include work for City of Cornwall and United Counties of Stormont, Dundas and Glengarry.
The renewal date is on record. A free account shows it, with the renewals for every Township of North Glengarry contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Tile drainage debenture principal $26,600.00; interest $3,614.09; line of credit $50,000
- Document date
- November 25, 2019
- Term
- Debenture term ten years; line of credit revolving
- Renews
- Free account
- Source document
- Township of North Glengarry Council Meeting Agenda November 2019 (Agenda)
Township of North Glengarry's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Township of North Glengarry?
Township of North Glengarry was awarded this financial services contract by Township of North Glengarry, as recorded on November 25, 2019. The contract value is Tile drainage debenture principal $26,600.00; interest $3,614.09; line of credit $50,000.
How much is the Township of North Glengarry contract with Township of North Glengarry worth?
The Township of North Glengarry contract with Township of North Glengarry is valued at Tile drainage debenture principal $26,600.00; interest $3,614.09; line of credit $50,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Township of North Glengarry Council Meeting Agenda November 2019 (Agenda), dated November 25, 2019 from Township of North Glengarry. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Township of North Glengarry hold?
Township of North Glengarry 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 North Glengarry currently buying?
Explore Township of North Glengarry's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.