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Council authorizes issuance of taxable G.O. promissory notes to fund Safe Drinking Water lead-line replacements
3565681 · May 29, 2025
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Summary
The council approved issuance and sale of up to $2,172,756 in taxable general obligation promissory notes to fund lead service-line replacement under a Safe Drinking Water loan; repayment will be through future property tax levies if debt does not decline.
The Common Council approved a finance resolution authorizing issuance and sale of up to $2,172,756 in taxable general obligation promissory notes, series 2025,…
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