Archaeological park funded by municipal loan

Summary#

The Montreal City Council unanimously adopted a direction in favor of the adoption, by the agglomeration council, of a bylaw authorizing a loan of $10,538,000. The loan would finance the development of a park to enhance the archaeological site of Fort-Lorette. The bylaw remains subject to the approval of the Minister of Municipal Affairs.

What this means for you#

The project concerns the archaeological site of Fort-Lorette. The text does not specify the nature of the work or their timeline. No publicly available information.

Costs#

The bylaw would authorize a loan of $10,538,000. No publicly available information on taxes, repayment terms, or the detailed cost of the work.