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Village of Mazomanie board approves $4 million in bonds

 

May 3, 2018



The Village Board of Mazomanie approved more than $4 million in general obligation bonds to fund a slew of projects in the coming years, with an expectation that the borrowing will not increase residents’ property taxes.

The board refunded bonds issued in 2009 that became callable this year and will refinance them at lower interest rates, issuing a total of $4.045 million to cover a long list of village expenses.

The funded projects include the new liner for Lake Marion, road reconstruction and storm sewer replacement, deferred maintenance projects such as a new roof for the library, an a...



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