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County board authorizes up to $2.57 million in borrowing for highway projects

3806665 · April 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Manitowoc County Board approved a resolution authorizing general obligation promissory notes not to exceed $2,570,000 for county highway projects; supervisors discussed interest-rate volatility and a two-step process to seek the best financing rate.

The Manitowoc County Board voted to authorize general obligation promissory notes of up to $2,570,000 to finance county highway projects.

Supervisor Hansen moved to support the resolution, which he described as an initial authorization for bonds “for not more than $2,570,000.” The motion was seconded by Supervisor Bridal. The board voted and the resolution was approved; the clerk conducted the…

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