On December 3, 2025, the Village Council met to discuss utility expansion projects, funding options, and updates to local ordinances. The Council adopted several resolutions and ordinances related to capital project management and funding for infrastructure improvements.
The Council approved Resolution 2025-27, which authorizes the Village to issue up to $80 million in tax-exempt debt for capital projects. This allows the Village to reimburse itself with tax-exempt bonds if projects are initially paid for with Village funds, in line with IRS rules.
Resolution 2025-28 was also approved. It amends a previous resolution to add three building fees that were left out of the updated Community Development fee schedule. The addition of these fees updates the fee structure for customers and staff…