OMEIFA Approves The Regional Municipality of Waterloo Borrowing Application

On August 19, 2003, Ontario Municipal Economic Infrastructure Financing Authority(OMEIFA) approved the application of The Regional Municipality of Waterloo for temporary and long-term borrowing for its purposes and for the purposes of certain lower-tier municiplaties that form part of the municipality in the total principal amount of $38,521,300.

The municipality was represented by Heather Douglas (government finance) of Borden Ladner Gervais LLP.