Manitowoc County board adopts amended $2.45 million borrowing plan after amendment

The Manitowoc County Board of Supervisors on June 16 voted to adopt an amended initial resolution authorizing the issuance of general obligation promissory notes not to exceed $2,450,000 for county capital projects.

Supervisor Grambow, speaking for the Finance Committee, introduced Initial Resolution 2026/2028-20 that would have authorized up to $3,450,000 in borrowing for capital projects. He then moved an amendment to reduce the authorized amount to $2,450,000 and to remove a reference to law enforcement center upgrades; Supervisor Hacker seconded the amendment. The amendment passed with 24 ayes and 1 no. Supervisor Shimulunas cast the lone no vote.

After the amendment passed, the board voted to adopt the amended initial resolution. The record shows Supervisor Grambow offered the motions and Supervisor Hacker seconded them; the final adoption carried 24 ayes and 1 no (Shimulunas). The resolution is recorded as Amended Initial Resolution 2026/2028-20.

The transcript records description of specific edits to the resolution (striking references to $3,450,000 in several lines and inserting $2,450,000) but does not include details on schedule or timing for issuing the notes. No additional financial schedule, bond counsel commentary, or public comment on the borrowing appeared in the public record for this meeting.

The board handled the matter during its Finance Committee report; no further conditions or amendments were noted in the meeting record. The board did not specify an issuance date in the session minutes provided.

The board adjourned at 6:57 p.m.