The board approved three bond resolutions to authorize borrowing for previously approved 2026–27 capital projects. The clerk‑treasurer's prepared statement explained the loans match the useful life of the financed assets and the borrowing is the next step to move capital projects forward.
Bond Resolution A authorizes financing up to the amount read for communications equipment and HVAC/pump-station improvements (noted in the record as approximately $1,535,200). Bond Resolution B authorizes up to $891,000 for acquisition of machinery and apparatus for construction and maintenance (DPW equipment). The board also amended a prior resolution to increase the authorized amount for a firefighting vehicle from $1,000,000 to $1,400,000, noting the cost increase.
Officials said each resolution will be followed by statutory public notice and is subject to a permissive referendum under village law. The board discussed that the amended firefighting-vehicle authorization follows the chief's earlier presentations about increased costs. No final construction contracts were approved at this meeting; each bond resolution authorizes the borrowing that will fund later procurements or contracts once projects proceed.