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City council approves up to $16.47 million in general obligation promissory notes for 2025 capital projects
5811092 · August 28, 2025
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Summary
The council adopted Resolution No. 9200 on Aug. 20, authorizing issuance of general obligation promissory notes of up to $16,470,000 to finance 2025 capital improvement projects; officials cited a projected 4% interest estimate and an affirmed AA‑minus credit rating.
The Fond du Lac City Council unanimously approved Resolution No. 9200 on Aug. 20, authorizing the sale of up to $16,470,000 in general obligation promissory notes, series 2025, to finance capital improvement projects. The resolution gives parameters to city administration to complete the sale with a closing…
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