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Cross Plains approves presale resolution for $3.92 million in general obligation promissory notes
Summary
The Village of Cross Plains voted to authorize the presale and competitive sale of $3,920,000 in general obligation promissory notes to finance multiple capital projects.
The Village of Cross Plains voted to authorize the presale and competitive sale of $3,920,000 in general obligation promissory notes to finance multiple capital projects.
Ariana Schmidt of Ehlers, the village’s municipal adviser, presented the presale report, the proposed timetable (sale Nov. 24, closing Dec. 18) and a breakdown of planned uses. She told trustees the notes "are roughly $3,920,000 in general obligation…
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