City of Washington Council Special Meeting Minutes April 2026
City Approves $77M Bonds for WEG Transformers Project
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Description
The City Council approved issuance of up to $77 million in Taxable Industrial Revenue Bonds for the WEG Transformers USA LLC Project, financing acquisition, construction, and equipping of an industrial development facility in Washington. The ordinance also approves an Omnibus Amendment to the City’s 2021 WEG Transformers bond issue and related agreements.
Contract Details
Contract Amount
Not to exceed $77,000,000 (principal amount of bonds)
Vendor
WEG TRANSFORMERS USA LLC
Agency
Town of Washington, MO
Contract Type
FINANCIAL_SERVICES
Document Date
April 28, 2026
Renewal Info
Ordinance includes approval of an Omnibus Amendment related to the City’s existing Taxable Industrial Revenue Bonds (WEG Transformers USA LLC Project), Series 2021, modifying prior bond-related agreements.
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