Fort Atkinson council approves parameters to issue up to $7 million in general obligation notes
The Fort Atkinson City Council authorized sale parameters for up to $7 million in general obligation promissory notes to refinance short-term TID #9 construction notes (about $3.51M) and to fund roughly $3.405M in capital projects, with staff estimating a planning interest rate of about 4.5% and closing in February 2026.
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The Fort Atkinson City Council on Dec. 2 approved a parameters resolution authorizing the issuance and sale of general obligation promissory notes not to exceed $7,000,000 to refinance short-term debt tied to Tax Increment District (TID) #9 and to fund capital improvement projects.
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