Mount Pleasant board approves up to $4.125 million promissory notes for paving, parks and fire apparatus

The Mount Pleasant Village Board voted July 27 to authorize borrowing not to exceed $4,125,000 through general obligation promissory notes (Series 2026A). Trustee (speaker 5) moved for approval of Resolution 13-2026 and the motion passed on a roll-call vote with all present trustees recorded as voting aye.

The finance director summarized the borrowing parameters and tied the notes to three capital purposes outlined in the 2026 budget: paving work, a parks project and a fire apparatus that was ordered about 18 months earlier. The finance director told the board, "This is the borrowing that was outlined in the 2026 budget." A trustee asked whether Droids Park was partly funded by a resident donation; the finance director confirmed the parks work is part-debt, part-donation and that paving will be funded partly by levy and partly by borrowing.

The board completed a roll-call vote (Karis, Anastasio, Washburn, Bhatia, Pollock, DeGroot), and the president announced the motion carries. No amendment or change to the borrowing amount was recorded in the meeting minutes; implementation details and final sale parameters will be set under the resolution’s authorizing framework.