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Westmont holds public hearing on proposed $35 million bond for fire station, water projects; no public comment
Summary
At a Feb. 19 public hearing the Westmont Village Board received staff remarks on a proposed not‑to‑exceed $35 million alternate‑revenue general obligation bond to fund a new fire station, public works cold storage and water system upgrades; staff explained term, funding sources and expected market conditions and no members of the public offered comments.
Mayor Nero opened a statutorily required public hearing on the village's plan to issue general obligation bonds not to exceed $35,000,000 (alternate revenue source, Series 2026) to finance capital projects.
Director Altek recited the hearing notice and explained that proceeds would help fund a new south‑end fire station, a public works cold storage facility, approximately 1.25 miles of…
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