City of Washington City Council Meeting Agenda May 4, 2026
City approves $77M industrial revenue bonds for WEG
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Description
The City of Washington approved issuance of up to $77 million in Taxable Industrial Revenue Bonds for the WEG Transformers USA LLC Project to finance acquisition, construction, and equipping of an industrial facility. The ordinance also approved an Omnibus Amendment related to the City’s 2021 WEG Transformers bond issue.
Contract Details
Contract Amount
Not to exceed $77,000,000 (principal amount of bonds)
Vendor
WEG TRANSFORMERS USA LLC
Agency
City of Washington, MO
Contract Type
FINANCIAL_SERVICES
Document Date
May 3, 2026
Renewal Info
Authorizes new Series 2026 bonds and an Omnibus Amendment to existing 2021 industrial revenue bonds for the same project.
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