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Manitowoc council approves revenue bonds for Emmanuel Evangelical Lutheran Church expansion
Summary
After a public hearing with no public commenters, the city adopted a resolution authorizing up to $3.6 million in City of Manitowoc revenue bonds to finance an 8,542 sq. ft. classroom addition and renovations at Emmanuel Evangelical Lutheran Church; city stated it bears no obligation to repay the bonds.
The Manitowoc Common Council voted unanimously to adopt a final resolution authorizing City of Manitowoc revenue bonds for Emmanuel Evangelical Lutheran Church, Inc., to fund an addition and renovations to the church’s school facility.
Finance Director and Treasurer Sean Elford told the council the Series 2025 bond issuance would be “not to exceed the amount of $3,600,000” to finance the construction of an approximately 8,542-square-foot classroom addition and other renovation…
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