Municipal loan of $175M for roads

Summary#

The municipal council unanimously adopted a bylaw that authorizes a loan of $175,000,000 to finance repair, replacement, and redevelopment work on road structures. The adoption is subject to the approval of the Minister of Municipal Affairs.

What this means for you#

The loan will be used to finance work on road structures in Montreal. The specific structures and locations of the work are not specified in the provided text.

No publicly available information.

Costs#

The bylaw authorizes a loan of $175,000,000. The repayment terms are not specified in the provided text.

No publicly available information.