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The Board approved a not-to-exceed $35 million bond sale to help pay for water system improvements and related work, along with several contracts for roads, police building upgrades, landscaping, zoning updates, and an easement change for Wintrust.
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Residents can expect continued work on water infrastructure, roads, and Village facilities after the Board approved financing and project contracts. The bond issue will fund waterworks improvements and repay short-term financing used for the WaterLink project; the final interest rate was 4.7386%. The Board also advanced a 2026 road program, a police department HVAC and automation upgrade, and a new official zoning map. A solar proposal for Village-owned land and the FY27 General Fund budget were discussed, but no final action was taken on those items.
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