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Hales Corners board authorizes up to $2.57 million in promissory notes
Summary
The Village Board approved Resolution 26-12 to issue and sell up to $2,567,367 in General Obligation Promissory Notes, Series 2026, on a roll call vote with five ayes and one absence. The resolution was presented by Carol Wirth of Wisconsin Public Finance Professionals and approved without opposition.
The Hales Corners Village Board approved a resolution authorizing the issuance and sale of up to $2,567,367 in General Obligation Promissory Notes, Series 2026, during its March 9, 2026 meeting. Carol Wirth of Wisconsin Public Finance Professionals presented the resolution and related financial assistance agreement to the board.
The motion to approve Resolution 26-12 was made by Trustee T. Brinkmeier and seconded by Trustee S. Riemer. The board adopted the resolution on a roll-call vote: Ayes — Brinkmeier, Bennett, Besson, Thomson and Riemer; Nays — none; Absent — Trustee J. Chesney. The transcript records the motion passing and the roll-call tally as noted by the clerk.
The resolution authorizes the village to issue and sell the notes in the amount specified and approves a related financial assistance agreement; the transcript does not specify the projects or exact purposes to be financed by the notes. No opposing votes or abstentions were recorded in the meeting minutes.
The board’s approval completes the municipal authorization recorded at the March 9 meeting; any subsequent sale, underwriting timeline or final terms will be determined as the village finalizes the financing process.
