The City is willing to work with eligible manufacturing businesses to secure industrial revenue bonds. The Wisconsin Economic Development Corporation allocates an amount to the city to sell bonds on behalf of the developer. Proceeds then go to the business to finance their project with the recipient being directly responsible for repayment.
Industrial revenue bonds are a good tool for larger projects that need substantial funding for start-up or expansion. The Economic Development Authority will work with the business to obtain the necessary City Council resolutions and assist with the applications to the State of Wisconsin.
Qualified Energy Conservation Bonds
Energy conservation bonds are tax-credit bonds issued to finance qualified conservation purposes including the following:
Capital expenditures incurred to reduce energy consumption
Expenditures for research facilities and research grants
Mass commuting facilities
Demonstration projects designed to promote commercialization of certain energy conservation and renewable energy initiatives
Public education campaigns to promote energy efficiency
Please consult with a Bond Attorney for project specific information.