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Eau Claire council authorizes $24.7 million in promissory notes to fund 2025 capital plan

Eau Claire City Council · October 28, 2025
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Summary

Council approved resolutions accepting winning bids for two series of general-obligation promissory notes totaling $24.7 million to fund capital projects in the 2025 CIP and refinance a balloon payment; staff reported a maintained AA2 rating and favorable interest rates from competitive bidding.

The Eau Claire City Council on Oct. 28 approved resolutions authorizing the issuance and sale of general-obligation promissory notes to support the city's 2025 capital-improvement plan.

The council accepted winning bids for two note series: a $17,900,000 non-taxable…

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