The Woodbury City Council convened on April 2, 2025, to address significant financial matters and community development plans. The meeting began with a public hearing on the issuance of revenue bonds for the Math and Science Academy (MSA). The council discussed a request from MSA Building Company to issue approximately $69 million in conduit revenue bonds. This amount includes an additional $9 million needed to refinance existing bonds from 2020, which were used for previous renovations. The remaining $60 million will fund the construction of a new campus and renovations to the existing schoolhouse. City officials clarified that the city would not be liable for the repayment of these bonds, as the responsibility lies solely with MSA.

Following the bond discussion, the council opened a public hearing regarding the 2025-2029 Consolidated Plan and the 2025 Annual Action Plan. These plans outline the city's use of HUD funds, including Community Development Block Grant (CDBG) and HOME Partnership Funds. The council established five funding priorities: affordable housing, park and public facility improvements, public services, commercial industrial rehabilitation, and program administration. The anticipated resources for 2025 are projected to be around $250,000 in CDBG funds, with additional funds from program income and prior year allocations.

The council also reviewed specific projects proposed for funding, including improvements to Shawnee Park and a rehabilitation project for a local group home serving disabled adults. The council emphasized the importance of equitable funding opportunities for various community projects and discussed the need for a more standardized approach to project proposals.

In a subsequent agenda item, the council approved the issuance and sale of general obligation bonds totaling $16.175 million to fund three projects: the water treatment plant and piping project, the Southeast Water Tower, and the 2025 Street Improvement Project. The bonds will be paid from utility revenues and special assessments, with a projected interest rate of approximately 4.37%.

The meeting concluded with a discussion on the agreement for School Resource Officer services between the City of Woodbury and the South Washington County School District, highlighting the ongoing collaboration between local government and educational institutions to ensure community safety.

Overall, the meeting addressed critical financial decisions and community development initiatives, setting the stage for future improvements and funding allocations in Woodbury. The council plans to continue engaging the public through comment periods and further discussions in upcoming meetings.