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Mayville approves up to $26.49 million in sewer revenue bonds and accepts DNR financing terms for treatment plant upgrade
Summary
The council authorized sale of up to $26,490,832 in sewer system revenue bonds for a wastewater treatment facility upgrade and approved related state financing and principal forgiveness agreements tied to DNR project 4012-11.
The Mayville Common Council on Tuesday authorized the sale of up to $26,490,832 in sewer system revenue bonds (series 2025) to finance a wastewater treatment plant upgrade and approved related state financing agreements, including principal forgiveness terms associated with Department of Natural Resources project number 4012-11.
The resolution authorizing the bond issuance and related financial…
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