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West Bend council authorizes $10.85 million borrowing to finance new fire station and TID projects
Summary
The West Bend Common Council voted March 16 to authorize the sale of about $10.85 million in general‑obligation promissory notes to finance a new Fire Station No. 1, stormwater and road work in two tax‑increment districts, and routine capital projects; officials said homeowner tax impacts are modest.
On Monday, March 16, 2026, the West Bend Common Council approved Resolution No. 62, authorizing the sale of approximately $10,850,000 in general obligation promissory notes to fund a new fire station, work tied to Tax Increment Districts (TID) 14 and 17 and the city’s routine capital program.
Phil, the city’s public finance advisor with Aers, told the council that the total issue reflects three categories of borrowing: roughly $4.7 million for a new Fire Station No. 1, about $2 million tied to TID 14 and…
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