REVENUE ANTICIPATION BORROWING (2025) BYLAW NO. 10632

The credit facilities are offered to the City by its bank at no charge unless they are being drawn upon. The following table summarizes the interest rates under the City's existing credit facility . t Operating Lines of Credit Leasing Lines of Credit Commercial Credit Card Interest Scotiabank's prime Scotiabank's leasing Scotiabank's prime Rate lending rate minus 0.50% base rate plus 0.60% lending rate plus 12% Grace None None 3 days after statement date Period The current bank's prime lending rate at the time of this report is 5.45%.

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