NOTICE OF INTENTION TO CONSIDER AMENDMENTS TO INCREASE THE AMOUNTS AND CHANGE THE TERMS OF THE CITY’S LINE OF CREDIT AND CORPORATE CREDIT CARD PROGRAM

The City of Regina hereby gives notice, pursuant to sections 101 and 102 of The Cities Act and The Public Notice Policy Bylaw, Bylaw No. 2020-28, of its intention to consider changes to its short-term borrowing.  An increase to the City’s line of credit from $9 million to $20 million and an increase in the City’s corporate credit card program limit from $1 million to $1.5 million will be considered in the Banking Service Agreement & Short-term Borrowing report.  Further, there may be other terms of this borrowing that will be changed as the City negotiates with its lender. The Banking Service Agreement & Short-term Borrowing report will be considered by Audit and Finance Committee on Thursday, February 26, 2026 at 4:00 p.m. The recommendations from Audit and Finance Committee on the report, will be considered by City Council on Wednesday, March 11, 2026 at 1:00 p.m., and may also be considered at subsequent meetings.

Citizens who wish to address either the Audit and Finance Committee and/or City Council may attend the meeting(s) via teleconference or in person. All meetings are held in Henry Baker Hall at City Hall. Parties wishing to register as a delegation must register by completing the online form on Regina.ca/Register. The deadline to register for the Thursday, February 26, 2026 Audit and Finance Committee meeting is no later than noon on Monday, February 23, 2026.  The deadline to register for the Wednesday, March 11, 2026 City Council meeting is no later than noon on Monday, March 9, 2026. A written brief outlining planned speaking points is required to be submitted when registering to present at City Council meetings.

If attending by teleconference you must provide the telephone number you will be using to call into the meeting. You will receive meeting details and instructions after you have confirmed your attendance for the meeting(s). Find more information about presenting to Council and Committees at Regina.ca.

Dated at the City of Regina, in the Province of Saskatchewan, February 18, 2025.