East Troy board approves taxable promissory notes to fund TID 4 projects The Village Board approved Resolution 2025-18 authorizing sale of taxable general obligation promissory notes (Series 2025B) to reimburse prior land purchases and fund infrastructure in Tax Increment District 4 after a successful competitive sale; staff reported a true interest cost of 5.7% and projected debt service remains within capacity.

East Troy is set to enhance its infrastructure and land purchases with newly approved promissory notes, promising significant savings!

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