city-of-racine-finance-and-personnel-committee-meeting-agenda_cbf.pdf
City of Racine Issues $4M Waterworks Revenue Bonds
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Description
Resolution authorizing the issuance and sale of up to $4,039,643 Waterworks System Revenue Bonds, Series 2025A, with a loan term of 20 years at a 2.475% interest rate, offset by $1,600,000 in principal forgiveness.
Contract Details
Contract Amount
$4,039,643
Vendor
RACINE
Agency
City of Racine, WI
Contract Type
Financial Assistance
Document Date
September 29, 2025
Contract Term
20 years
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