Guelph Council Record
City Council · April 23, 2025 · Item 4.1
Capital projects identified in Table 1 of the Debenture Issue Authority report number 2025-160, dated April 1, 2025…
Main motion under the agenda item Debenture Issue Authority, 2025-160
Carried (11 to 0)
11 in favour, 0 against — unanimous
What was voted on
The motion in its exact words, as recorded in the minutes.
That the capital projects identified in Table 1 of the Debenture Issue Authority report number 2025-160, dated April 1, 2025, be approved for debt financing in 2025 or 2026 in the amounts as listed. That the City Treasurer be authorized to proceed with the marketing, through the City’s fiscal agent, of the debenture issue(s) in the principal aggregate amount of not greater than $118.15 million for terms not exceeding 20 years. That the 2025 associated debt servicing costs be approved to be funded from the City’s applicable capital reserve funds as outlined in accordance with Table 2 in the Debenture Issue Authority report number 2025-160, dated April 1, 2025.
How the room voted
In favour (11)
- Allt
- Billings
- Busuttil
- Caron
- Caton
- Chew
- Downer
- Gibson
- Goller
- Guthrie
- Richardson
What council was given
The staff reports and correspondence attached to this item.
- Debenture Issue Authority - 2025-160.pdf
- Attachment-1 Annual Repayment Limit.pdf
- Attachment-2 Debt Issuance Authority Presentation.pdf
Check this against the City’s official minutes
Everything on this page comes from the City of Guelph’s published record. Nothing here is a summary or an interpretation.