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NOTICE OF HEARING UNDER THE MUNICIPAL CAPITAL BORROWING ACT

Notice is hereby given that on Tuesday, the 13th day of October, 2026 at Marysville Place, 20 McGloin Street, Fredericton, New Brunswick, the Municipal Capital Borrowing Board will hear the application of Shediac at 2:05 pm for authorization to borrow money for a capital expense as set forth in subsection 4(1) of the Municipal Capital Borrowing Act:

Purpose                                                                                                           Term                   Amount
Transportation Services

Transportation Services

East-West Connector Street – Phase 1 (Ohio Rd. Intersection)                     15 years              $7,546,000

Environmental Health Services

East-West Connector Street – Phase 1 (Ohio Rd. Intersection)                     15 years                $ 740,000

Total                                                                                                                                                                                             $8,286,000

Objections to this application, if any, may be filed in writing with the Secretary of the Municipal Capital Borrowing Board, DELG, P.O. Box 6000, Fredericton, New Brunswick, E3B 5H1, or may be presented orally to the Board at the time of the hearing.

Dated the 3th day of September, 2026.

 

Grace Lee Cutler, CPA, CGA, Secretary
Municipal Capital Borrowing Board

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