Municipal loan for urban public works

Summary#

The municipal council has adopted a bylaw that authorizes a loan of $29,000,000 to finance development and redevelopment work on public land in the Namur-Hippodrome urban project. The bylaw still needs to be approved by the Minister of Municipal Affairs.

What this means for you#

The work targets the public land of the Namur-Hippodrome. The streets, facilities, and schedule of the work are not specified in the provided document.

Costs#

The authorized loan is $29,000,000. The document does not specify whether this amount includes taxes or the repayment terms. No publicly available information.