On August 25, 2026, the municipal council unanimously adopted its direction for the deliberations of the agglomeration council on August 27, 2026. It recommends approving By-law R-200-1 of the Société de transport de Montréal (STM), which modifies the purpose and wording of the loan by-law R-200 and raises the authorized loan to $190,300,925. This loan would finance phase 2 of the Infrastructure Rehabilitation Program (PRI Surface).
The municipal council also recommends amending the Capital Program (PI) 2026-2035. The specific changes to the PI are not indicated: No publicly available information.
The decision concerns the financing of surface infrastructure work by the STM. The document does not specify the streets, facilities, or areas involved: No publicly available information.
The authorized loan would increase from $120,900,925 to $190,300,925, net of rebates and financial fees included. The expected term is 20 years.