C2025-0237

That with respect to Report C2025-0237, the following be adopted: That Council: Give second and third readings to proposed Bylaws 1B2025, 2B2025, 3B2025 and 4B2025, authorizing The City of Calgary to borrow up to the maximum sum of $224.984 million to finance ENMAX Corporations (ENMAX) 2025 capital spending in connection with its regulated operations, as further set out in the proposed Bylaws attached to this tabulation and summarized as: 1B2025 5 Years - $36.561 million Acquisition of Technology and Support Services; 2B2025 10 Years - $7.806 million Acquisition of Fleet Equipment and Capital Tools; 3B2025 20 Years - $7.389 million Non-Residential Development; and 4B2025 25 Years - $173.228 million Electric System and Building Improvements; and Give second and third readings to proposed Bylaw 4M2025 authorizing municipal loans to ENMAX up to the maximum sum of $224.984 million to fund ENMAXs 2025 capital spending in connection with its regulated operations, as further set out in proposed Bylaw 4M2025, attached to this tabulation.