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Waukegan committee discusses $10.5 million bond reimbursement; no vote taken
Waukegan Purchasing and Finance Committee · December 17, 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
City attorneys told the Waukegan Purchasing and Finance Committee that the council settled a case using reserves and is considering issuing bonds to replenish reserves and possibly fund capital purchases; the item will return to a future meeting for action.
The Waukegan Purchasing and Finance Committee on Oct. 20 heard a presentation about a proposed resolution to approve reimbursement from proceeds of bonds for extraordinary working capital expenditures in an amount not to exceed…
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