Request to enter into Intergovernmental Agreement with Appleton Area School District to borrow short term cash in an amount not to exceed $20 million from time to time as needed. The note shall be dated as of date of issuance, shall bear interest at the rate of 2% above the average Federal Funds rate from its dated date until paid; and shall mature no later than June 30, 2027. Interest on the note shall be paid at maturity or redemption.

What this record is

Amount

$20.0M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee

Finance Committee

Introduced

September 18, 2026

On agenda

September 21, 2026

Passed

October 7, 2026

Where it was heard

Common Council Oct 7, 2026 approved Pass Finance Committee Sep 21, 2026 recommended for approval Pass

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