Bylaw No. 2025-55 The Water Network Expansion Project And Unfunded Development Charge Projects Sinking Fund Debenture (English, PDF)

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2026-03-18

To authorize the City to issue sinking fund debentures in the amount of $115,000,000 and to establish the corresponding sinking fund in which to deposit payments to ensure the principal amount upon maturity. The Debentures shall be issued for a term of thirty (30) years, bearing interest at a rate of 4.95% per annum, and shall be payable as to principal on September 10, 2055.

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