Washington Missouri City Council Special Meeting Agenda April 2026
City considers $77M bonds for WEG Transformers project
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Description
The Washington City Council is considering an ordinance to authorize up to $77 million in Taxable Industrial Revenue Bonds for the WEG Transformers USA LLC Project, including an Omnibus Amendment to the City’s 2021 bond issue. The financing will support acquisition, construction, and equipping of an industrial development facility in the city.
Contract Details
Contract Amount
Principal amount not to exceed $77,000,000
Vendor
WEG TRANSFORMERS USA LLC
Agency
Town of Washington, MO
Contract Type
FINANCIAL_SERVICES
Document Date
April 18, 2026
Renewal Info
Authorizes new Series 2026 bonds and approves an Omnibus Amendment related to the existing Series 2021 bonds for the same project.
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