Mount Pleasant Deal With Microsoft Has No Public Subsidies
And no infrastructure. And would help village pay off Foxconn TIF district.
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And no infrastructure. And would help village pay off Foxconn TIF district.
By Evan Casey | Wisconsin Public Radio Plans by Microsoft to purchase more than 1,000 acres in Mount Pleasant originally intended for Foxconn will come
The City Council approved using $15,703 from the contingency fund for a handful of additional expenses for the remaining 2022 elections.
The proposal would take on an extra $7.3 million in debt this year as the council hopes the potential risk will save taxpayers money.
Sun Prairie Utilities will be able to purchase land for its new SPU facilities on Linnerud Drive and complete water and electrical line replacements in 2021, thanks to action taken Dec. 15 by the Sun Prairie City Council. The council not only approved a resolution providing for the sale of approximately $6.77 million in Water and Light Utility Revenue Bonds, but also a $500,000 loan from Sun Prairie-based WPPI Energy to undertake water and electrical replacement projects in 2021. The no interest loan from WPPI Energy was approved Nov. 23. Although the loan is interest-free, a one-time origina...