We are still waiting on the documents from Ehlers for the transfer of outstanding debt by the Village of North Hudson to the City of Hudson via Hudson Utilities. Attachments: Asset Transfer Agreement Summary Asset Transfer Agreement (final 12_1_25) (6309662.1) Bill of Sale (water) (final 12_1_25) (6309693.1) BILL OF SALE (Wastewater)(final 12_1_25) (6309688.1) PSC Final Order - Water Construction-Acquisition of Village Report Attachment #4.1. Summary of the Asset Transfer Agreement and Utility Services Agreement: 1.Parties Involved: The Village of North Hudson and the City of Hudson, both Wisconsin municipal corporations, with the City acting through its Public Utility Commission. 2.Effective Date: January 1, 2026. 3.Purpose: The Village will transfer ownership of its water and wastewater infrastructure to the City to improve service and benefit residents. The City will assume responsibility for operation, maintenance, repair, replacement, and regulatory compliance of these facilities. 4.Assets Transferred: oWater Assets: Includes water transmission/distribution systems, hydrants, and a booster station. Compensation involves annual payments by the City to cover the Village’s bond payments for the water portion of the State Trunk Highway 35 improvements (2025-2041). oWastewater Assets: Includes wastewater collection systems, lift stations, and sanitary sewer pipes. These assets are transferred at no cost to the City. oProperty Rights: Includes easements, access rights, and rights-of-way permits necessary for operation and maintenance of the transferred assets. 5.Transfer Date Conditions: The transfer will occur after approval by both parties, necessary PSC and WDNR approvals, and satisfaction of all conditions outlined in the agreement. 6.City Responsibilities Post-Transfer: oProvide water and wastewater services to Village residents at the same rates and service levels as City customers. oOperate, maintain, repair, and replace the infrastructure, including compliance with state regulations. oModify service territories to include the Village’s corporate boundaries. 7.Village Responsibilities Pre-Transfer: The Village remains responsible for its water and wastewater infrastructure until the transfer date. 8.Termination Clause: The agreement will terminate if the transfer does not occur by December 31, 2026. 9.Dispute Resolution: Disputes will be resolved through negotiation, mediation, or litigation, with costs borne by each party unless otherwise awarded by a court. 10.Utility Services Agreement: Governs the City’s provision of water and wastewater services to Village residents post-transfer. Village customers will pay the same rates and fees as City customers and comply with City ordinances. 11.Debt and Financial Details: oThe City will make annual payments to cover the Village’s bond obligations for water infrastructure improvements. oThe Village will use reserved funds to pay off its outstanding wastewater infrastructure debt. 12.Coordinatio

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.6/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.