Village of Weston
WESTON, WI (WSAU-WAOW) – The Village of Weston reviewed bids of their bond sale Tuesday.
Village Board members say they want to act quickly in order to ensure the lowest interest rate for taxpayers. The Federal Reserve is widely expected to raise rates either a quarter-percent or a half-percent. That would drive up borrowing costs.
The Weston municipal bonds are on the market for $7,345,000.
Village Administrator Keith Donner tells WAOW that “we’ll have a newer, safer facility for our staff.”
All proceeds will go toward a new municipal building on Camp Phillips Road. The new building will include village offices and a new municipal garage for the Department of Public Works. Donner also says village equipment can now be stored indoors, and that the village will have a faster response to future snow emergencies.
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