Cottage Grove board authorizes parameters for up to $20.36 million in notes to fund 2026 capital plan Trustees voted to adopt a parameters resolution allowing issuance of up to $20,355,000 in general-obligation promissory notes (Series 2026A) to finance streets, water/sewer, parks, police station and equipment; consultants capped true interest cost at 4.21% and projected the levy impact at about $65 per $100,000 of assessed value in 2027.

Cottage Grove's Board of Trustees just approved a $20.36 million plan to enhance streets, parks, and public safety, setting the stage for major improvements in 2026!

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