water system revenue bonds
Borrowed funds repaid from water bills to finance local water system work.
Watch for later council items that report the final borrowing terms (interest cost, payback timeline) and any follow-on water rate discussions.
Typically discussed at City Council. Check back when the next agenda is published.
On Sept. 2, 2025, the City Council unanimously approved two separate water-utility borrowing resolutions totaling up to about $1.39 million. The votes were clear; the meeting write-up doesn’t plainly connect the borrowing to a specific project list or what it could mean for future water bills.
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passed 8-0 City Council · Sep 2, 2025 25-172 Resolution Authorizing The Issuance And Sale Of Up To $352,978 Water System Revenue Bonds, Series 2025A, And Providing For Other Details And Covenants With Respect Thereto
Motion to waive reading and adopt the resolution
Adam Wachowski YesDarla LeClair YesMark Bittner YesShannon Derby YesBill LeClair YesDoug Brandt YesTim Petri YesScott Stechmesser Yes -
passed 8-0 City Council · Sep 2, 2025 25-173 Resolution Authorizing The Issuance And Sale Of Up To $1,038,658 Water System Revenue Bonds, Series 2025B, And Providing For Other Details And Covenants With Respect Thereto
Motion to waive reading and adopt the resolution
Darla LeClair YesMark Bittner YesShannon Derby YesBill LeClair YesDoug Brandt YesTim Petri YesScott Stechmesser YesAdam Wachowski Yes
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Council adopted a resolution authorizing up to $352,978 in water system revenue bond borrowing (Series 2025A). Vote: 8-0.
City Council -
Council adopted a resolution authorizing up to $1,038,658 in water system revenue bond borrowing (Series 2025B). Vote: 8-0.
City Council