City lends $46M for urban forest

Summary#

The municipal council has given a notice of motion and submitted a draft bylaw that would authorize a loan of $46,375,000 to finance the implementation of the Urban Forest Plan. The notice of motion announces that the project will be submitted for adoption at a later meeting. The bylaw has not been adopted in this decision.

What this means for you#

The project aims to finance the Urban Forest Plan, but the decision does not specify the planned works, the locations involved, or who will carry them out. No publicly available information.

Costs#

The project would authorize a loan of $46,375,000. The terms of the loan are not specified. No publicly available information.