Vernon County approves $4.91M note sale at 3.62% true interest cost
Ehlers reported competitive bids and affirmed the county’s AA- rating; the board voted 19–0 to award the sale of $4,910,000 in general obligation promissory notes to fund capital projects.
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The Vernon County Board unanimously approved Resolution 2026-23 to award the sale of $4,910,000 in general obligation promissory notes to finance several capital projects including highway improvements, facility upgrades and equipment purchases. Peter Madall of Ehlers presented the sale results, saying the winning bidder brought a true interest cost of "3.6208 per, true interest cost or the interest rate." The board recorded a 19–0 vote in favor of the sale.
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