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Westmont approves up to $35 million bond to fund new fire station, water main and infrastructure work
Summary
The Westmont Village Board authorized up to $35 million in general obligation alternate‑revenue bonds to pay for a new south‑end fire station, a public‑works cold storage facility and water‑system improvements including 1.25 miles of water main replacement; funding sources cited were non‑home‑rule sales tax and water‑rate revenue, with property tax a backstop.
The Westmont Village Board voted March 5 to authorize up to $35 million in general obligation alternate‑revenue bonds to pay for a new south‑end fire station, public‑works storage and a slate of water and infrastructure improvements.
Director Altech told the board the package would cover the fire station replacement (estimated in the $25–$31 million range), the public‑works cold storage facility and other infrastructure projects, and 1.25 miles of water main replacement and water‑plant improvements. He said the village plans to pay the bonds primarily from non‑home‑rule sales tax and water‑system rate revenue, with a pledge of 1% state‑shared sales tax and property taxes as a secondary backstop.
"We're seeking the approval to issue…
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