MURC and Clarke Road borrowing authority

2026-03-09 · By-law26-5451

MURC and Clarke Road borrowing authority

By-law form attached to primary report; subsequent financing applications carried June16

$29,360,000 · Maximum authorized borrowing, not debt issued

Consequence: Increase from $15.895 mto $29.360 m for cash-flow flexibility; combined approved project cost stated as unchanged $56.856 m.

Open the source record

T-008-26 Full public staff report and attached schedules; report number identifies Council agenda item.
Town of Ingersoll · Event/reporting date 2026-03-09 · 2026
published primary record · Primary record verified

The amount in this decision

$29,360,000

Maximum authorized borrowing, not debt issued

2026-03-09 · By-law form attached to primary report; subsequent financing applications carried June16

Authority & recorded votes

Council

Individual votes are not confirmed.

Connected projects

Ingersoll · Parks, recreation & culture

MURC - Construction

This project represents the construction phase of the MURC. The scope of this work includes full construction of the MURC. This includes structural, mechanical, electrical systems, interior and exterior finishes.

Ingersoll

In Progress

Lifetime project budget: $38,000,000
Next target: No next date listed
Latest update: 2026-08-10 · Allocate 2025 operating surplus to Arena Facility Reserve

Who’s actually in charge?

Local council

Municipal services, local roads, recreation, zoning and the local budget.

Explore this level →

Oxford County

County roads, water and wastewater, housing services, paramedics and County planning.

Explore this level →

Ontario

Health and education systems, provincial legislation and funding decisions.

Explore this level →

Canada

Federal taxation, immigration, trade, criminal law and national programs.

Explore this level →

Meet your representatives