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FINANCIAL_SERVICESAPPROVED

City of Washington Special Meeting Minutes April 2026

City Approves $77M Bonds for WEG Transformers Project

Principal amount not to exceed $77,000,000City of WashingtonWEG TRANSFORMERS USA LLCApril 20, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Washington approved Ordinance 26-14301 authorizing up to $77 million in Taxable Industrial Revenue Bonds for the WEG Transformers USA LLC industrial development project. The ordinance also approves an Omnibus Amendment to the City’s 2021 WEG Transformers bond issue and related agreements.

Contract Details

Contract Amount

Principal amount not to exceed $77,000,000

Vendor

WEG TRANSFORMERS USA LLC

Agency

City of Washington, MO

Contract Type

FINANCIAL_SERVICES

Document Date

April 20, 2026

Renewal Info

New Series 2026 taxable industrial revenue bond issuance with an Omnibus Amendment to the existing 2021 WEG Transformers bond series; specific maturity schedule not detailed in the minutes.

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