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Weyauwega council approves up to $293,679 in water system revenue bonds
Summary
The Weyauwega Common Council on Sept. 10 approved Resolution #671 to issue up to $293,679 in Water System Revenue Bonds, Series 2025, and approved a related financial assistance agreement in a unanimous vote.
The Common Council of the City of Weyauwega on Sept. 10 approved Resolution #671, authorizing the issuance and sale of up to $293,679 in Water System Revenue Bonds, Series 2025.
"Motion Gorchals, second Appleby, to approve Resolution #671 authorizing the issuance and sale of up to $293,679 Water System Revenue Bonds, Series 2025, and providing for other details and covenants with respect thereto, and approval of related financial assistance agreement," the meeting record states. The motion carried with all "ayes" and zero "nays." The vote was recorded with Mayor Rich Luedke, Chris Gunderson, Pat Gorchals, Shani Appleby and Kesha Butzin voting in favor; Meta Berg and Austin Baehnman were absent.
The resolution authorizes the bond issuance and approves a related financial assistance agreement; the transcript does not specify the particular capital projects or operational expenses to be financed by the bonds. City Clerk Rebecca Loehrke recorded the action. The council took the vote as part of a short special meeting that began at 5:30 p.m. and concluded by 5:34 p.m.
