McFarland to pursue WisDOT rail loan for TID

The Village of McFarland plans to seek a Freight Rail Infrastructure Improvement Program loan from the Wisconsin Department of Transportation to fund rail spur construction in proposed Tax Increment District #7. The assumed 10-year, 2% loan would significantly lower financing costs for the rail component of the project.

Scope & details

The full contract record, as filed.

Contract amount

10-year loan at 2% interest (amount not yet determined)

Contract type

FINANCIAL_SERVICES

Contract term

10-year loan at 2% interest

Renewal

Loan would be a discrete 10-year facility; no renewal terms are described.

Document type

AgendaPacket

Source document

Village of McFarland Joint Review Board Agenda Packet 2026-08-10

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by McFarland village?

Wisconsin Department of Transportation was awarded this financial services contract by McFarland village, as recorded on August 10, 2026. The contract value is 10-year loan at 2% interest (amount not yet determined).

How much is the Wisconsin Department of Transportation contract with McFarland village worth?

The Wisconsin Department of Transportation contract with McFarland village is valued at 10-year loan at 2% interest (amount not yet determined), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Village of McFarland Joint Review Board Agenda Packet 2026-08-10 (AgendaPacket), dated August 10, 2026 from McFarland village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wisconsin Department of Transportation hold?

Wisconsin Department of Transportation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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