About

Projects

Learn about Projects for State of Wisconsin, including General Obligation Bond Funded Projects, UW Madison - Memorial Union, and Transportation Revenue Bond Funded Projects.

Black Point Estate

General Obligation Bond Funded Projects

Proceeds of State of Wisconsin General Obligation Bonds are used to acquire, construct, develop, extend, enlarge, or improve land, waters, property highways, railways, buildings, equipment, or facilities for public purposes. Funded project types include University of Wisconsin academic facilities, correctional facilities, energy conservation projects, mental health facilities, transportation projects, and veterans facilities.

The project identified below is being funded with General Obligation Bonds.

Theater Wing Renovation (Phase 1) and Terrace

UW Madison - Memorial Union

For over 75 years, the Wisconsin Union Theater has been a center for cultural activity in the heart of campus. Located in the Memorial Union west wing, the recently renovated Theater features three versatile performance spaces and an expansive history of remarkable performances.

In the 21st Century, the Union Theater continues to flourish with ideas, programs, energy, and vision. That vision becomes a reality hundreds of times each year, when its doors open to a lively and inquiring audience.

This project is funded with General Obligation Bonds.

Mitchell Interchange

Transportation Revenue Bond Funded Projects

Proceeds of State of Wisconsin Transportation Revenue Bonds are used to finance highway and transportation related administrative facilities.

The project identified below is being funded with Transportation Revenue Bonds.

I-39/90 Expansion Project

I-39/90 Expansion Project

The Wisconsin Department of Transportation (WisDOT) is overseeing a major reconstruction and expansion project in south-central Wisconsin. The I-39/90 Expansion Project extends approximately 45 miles along Interstate 39/90 from the Illinois state line to the US 12/18 interchange near Madison.

  • Built in the early 1960s, all of the 11 interchanges along the corridor had outdated design features that contributed to safety concerns.
  • This section of Interstate was experiencing significant traffic delays, especially during peak travel times, resulting in poor traffic flow and increased safety problems.
  • To address safety and congestion concerns, WisDOT is:
    • Reconstructing and expanding I-39/90 from four to six lanes;
    • Reconfiguring 11 interchanges; and
    • Expanding the Interstate to eight lanes (four lanes in each direction) through the Janesville area, from WIS 11/Avalon Road north to the WIS 26/Milton Avenue interchange, to accommodate projected traffic increases.

The I-39/90 Expansion Project began in 2015 and the mainline project is currently anticipated to be completed in 2021. Work will also begin in 2020 at the I-39/90 and US 12/18 (Beltline) interchange near Madison. Visit the Schedule section to learn more about upcoming construction work.

This project is funded with Transportation Revenue Bonds.

Madison MSD

Environmental Improvement Fund Revenue Bond Funded Projects

Proceeds of State of Wisconsin Environmental Improvement Fund Revenue Bonds are used to make loans to Wisconsin municipalities for wastewater and drinking water infrastructure projects.

The project identified below is being funded with Environmental Improvement Fund Revenue Bonds.

Rendering of New Drinking Water Treatment Plant

City of Wausau - New Water Treatment Plant and Wastewater Treatment Plant Upgrades

The City of Wausau recently closed on Clean Water Fund Program and Safe Drinking Water Loan Program loans. Breakdowns of the financial assistance provided for each loan:

Clean Water Fund Program
Total Award/Financial Assistance Agreement:  $44,756,287
Principal Forgiveness:  $1,750,000
Loan:  $89,923,286
Loan Interest Rate:  1.87%
The financial assistance will be used to improve the safety, efficiency, and capacity at the wastewater treatment plant.

Safe Drinking Water Loan Program
Total Award/Financial Assistance Agreement:  $44,756,287
Principal Forgiveness:  $500,000
Loan:  $44,256,287
Loan Interest Rate:  1.76%
The financial assistance will be used to construct a new water treatment plant and upgrade six existing wells for new hydraulic conditions.

These projects are being funded with Environmental Improvement Fund Revenue Bonds.