Lodi authorizes $242,247 promissory notes to fund private lead service lateral work
September 09, 2026 | Lodi, Columbia County, Wisconsin
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The Common Council authorized issuance and sale of up to $242,247 in taxable general obligation promissory notes, Series 2026e, to finance private lead service lateral work. The minutes record the interest rate on the notes as 2.5% and state the MOTION (Crow/Stevenson) carried on roll call.
The resolution (26-64) and accompanying financial assistance agreement authorize the borrowing to cover private lead service replacement costs; council members did not debate alternative funding sources at this meeting. The action gives staff authority to proceed with the borrowing process necessary to fund the work on private laterals.
The resolution (26-64) and accompanying financial assistance agreement authorize the borrowing to cover private lead service replacement costs; council members did not debate alternative funding sources at this meeting. The action gives staff authority to proceed with the borrowing process necessary to fund the work on private laterals.
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