Administration committee advances $20 million authorization for county communications tower financing
The St. Croix County administration committee voted to advance an initial resolution authorizing up to $20 million in general obligation promissory notes to the general committee for further consideration; staff outlined a two-tranche, bank-qualified strategy and a target financing timeline in mid-2027.
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Sean Lentz of Eilers presented the proposed financing plan for a communications tower project, saying the county is "looking at... a communications tower project with a budget of approximately 20,000,000 that's necessary for the financing of that project." The committee voted to advance the initial resolution to the general committee for a future vote; the motion passed by voice vote and was recorded as unanimous.
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