965 McMaster Way Land Purchase and Tranquille Phase III Sanitary Main Replacement Project Temporary BorrowingFinancial Services Manager HillReport – 965 McMaster Way and Tranquille Phase III Temporary Borrowing Recommendation: That Council authorize: a) McMaster Temporary Loan Authorization Bylaw No. 66-6, 2026, to be introduced and read a first, second, and third time to borrow from the Municipal Finance Authority of British Columbia, on a temporary basis, a sum not exceeding sixteen million, seven hundred and fifty dollars ($16,750,000) b) Tranquille Phase III Temporary Loan Authorization Bylaw No. 66-7, 2026, to be introduced and read a first, second, and third time to borrow from the Municipal Finance Authority of British Columbia, on a temporary basis, a sum not exceeding nine million dollars ($9,000,000)
965 McMaster Way Land Purchase and Tranquille Phase III Sanitary Main Replacement Project Temporary BorrowingFinancial Services Manager HillReport – 965 McMaster Way and Tranquille Phase III Temporary Borrowing Recommendation: That Council authorize: a) McMaster Temporary Loan Authorization Bylaw No. 66-6, 2026, to be introduced and read a first, second, and third time to borrow from the Municipal Finance Authority of British Columbia, on a temporary basis, a sum not exceeding sixteen million, seven hundred and fifty dollars ($16,750,000) b) Tranquille Phase III Temporary Loan Authorization Bylaw No. 66-7, 2026, to be introduced and read a first, second, and third time to borrow from the Municipal Finance Authority of British Columbia, on a temporary basis, a sum not exceeding nine million dollars ($9,000,000)
Staff recommendation/action: That Council authorize: a) McMaster Temporary Loan Authorization Bylaw No. 66-6, 2026, to be introduced and read a first, second, and third time to borrow from the Municipal Finance Authority of British Columbia, on a temporary basis, a sum not exceeding sixteen million, seven hundred and fifty dollars ($16,750,000) b) Tranquille Phase III Temporary Loan Authorization Bylaw No. 66-7, 2026, to be introduced and read a first, second, and third time to borrow from the Municipal Finance Authority of British Columbia, on a temporary basis, a sum not exceeding nine million dollars ($9,000,000)
Key details
- Agenda item
- 10.9
- Agenda section
- ADMINISTRATIVE REPORTS
- Council meeting
- 2026-09-01
- Matter lifecycle
- Pending
- Meeting appearances
- 2
Official City of Kamloops source ↗
Staff recommendation / action
That Council authorize: a) McMaster Temporary Loan Authorization Bylaw No. 66-6, 2026, to be introduced and read a first, second, and third time to borrow from the Municipal Finance Authority of British Columbia, on a temporary basis, a sum not exceeding sixteen million, seven hundred and fifty dollars ($16,750,000) b) Tranquille Phase III Temporary Loan Authorization Bylaw No. 66-7, 2026, to be introduced and read a first, second, and third time to borrow from the Municipal Finance Authority of British Columbia, on a temporary basis, a sum not exceeding nine million dollars ($9,000,000)
Civic history
This matter has appeared on 2 separate City meeting dates (this is appearance 1).
Meeting: Public Hearing – ALR00053 (2105 Tremerton Drive)
Imported by CI City Hall. Source records can change; use the official City link for authoritative information.
