Issue Timeline: borrowing
Full evidence timeline (the richer view). For a compact one-line list, see the issue summary.
Snapshot
1 civic action(s) on borrowing across 1 meeting(s) (2026-05-25).
- Meetings involved: 1
- 2026-05-25 — Combined Council Meeting - May 25 2026 (Minutes)
- Councillors involved: C. McGregor, Hall
- Split votes: 0
- Budget-related actions: 0
- Needs review: 0
Timeline
2026-05-25 — Combined Council Meeting - May 25 2026 (Minutes)
199 Westcourt affordable housing build (vote; carried (15-0))
- Mover: Councillor Hall, Seconder: Councillor C. McGregor
- Summary: All nine clauses concerning the 199 Westcourt affordable-housing project were approved 15-0.
- Related tags: affordable_housing, procurement, financing
- Entities: 199 Westcourt Boulevard, Wallaceburg, S.E.M. Construction Limited, Barry Bryan Associates, CK Housing New Construction Reserve #17315, 2026 Building Faster Fund, MMAH, Ontario Infrastructure and Lands Corporation, OILC
MovedCouncillor HallSecondedCouncillor C. McGregor"That
The proposal in the amount of $30,943,118.00 (excluding HST) for the construction of Affordable Housing at 199 Westcourt Boulevard in Wallaceburg be awarded to S.E.M. Construction Limited.
The fees for consulting services in the amount of $658,019.00 (excluding HST) for the Contract Administration Services for the Affordable Housing construction be awarded as a contract amendment to Barry Bryan Associates.
Administration be authorized to use $2,528,032.01 of the uncommitted balance of CK Housing New Construction Reserve #17315 towards this Affordable Housing development.
The use of provincial contributions for a total of $5,618,870 be approved as a contribution towards 50-units of Affordable Housing in the 72-unit project.
The General Manager of Health and Human Services and General Manager of Infrastructure and Engineering Services be authorized to enter into Contribution Agreements that assigns provincial funding to the project per provincial program guidelines.
Administration be authorized to use the $440,000 funding received from the 2026 Building Faster Fund for this affordable housing projects capital expenses.
The Mayor and Clerk be authorized to execute the Ontario Transfer Payment Agreement with the MMAH for receipt of funding in the 2026 Building Faster Fund and the Chief Financial Officer be authorized to approve any necessary investment plans or reports required by the Ministry.
Council approve a by-law to authorize the submission of an application to Ontario Infrastructure and Lands Corporation (OILC) for financing certain capital works and to authorize temporary and long-term borrowing through the issuance of a $13 million debenture amortized over 30 years.
The Mayor and Clerk be authorized to sign the necessary agreements."
Yes (15)Mayor Canniff, Councillor Bondy, Councillor Ceccacci, Councillor Crew, Councillor Hall, Councillor Harrigan, Councillor McGrail, Councillor B. McGregor, Councillor C. McGregor, Councillor Thompson, Councillor Wright, Councillor Allin, Councillor Doyle, Councillor Jubenville, and Councillor StoreyAbsent (3)Councillor Finn, Councillor Anderson, and Councillor McDonaldMotion Carried (15 to 0)
Source: Combined Council Meeting - May 25 2026 (Minutes) — Item 16(a)