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HRA Approves Municipal Advisory Services Agreements with Baker Tilly and PFM Financial Advisors

October 01, 2025 | St. Paul City, Ramsey County, Minnesota


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

HRA Approves Municipal Advisory Services Agreements with Baker Tilly and PFM Financial Advisors
The St. Paul Housing and Redevelopment Authority (HRA) convened on October 1, 2025, to address key administrative matters, including the approval of previous meeting minutes and the authorization of municipal advisory services agreements.

The meeting began with a roll call, confirming the presence of all seven commissioners. The minutes from the September 2025 HRA meeting were unanimously approved without opposition.

A significant agenda item was the resolution 25-51484, which authorized the execution of agreements with financial service firms Baker Tilly, Ehlers, and PFM Financial Advisors LLC. Director McMahon provided an overview, explaining that these firms will continue to offer financial analysis and advisory services for the city and HRA, particularly concerning development projects and bond issuance. The contracts are set for a new five-year term starting in 2026.

The resolution was adopted with a unanimous vote, reflecting the HRA's commitment to maintaining effective financial partnerships.

In closing, Chair Johnson emphasized the importance of ongoing budget discussions, urging commissioners to schedule check-ins before the upcoming October 15 deadline. This proactive approach aims to ensure that all budgetary considerations are addressed in a timely manner. The meeting concluded shortly after, highlighting the HRA's focus on efficiency and collaboration.

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Scribe from Workplace AI
Scribe from Workplace AI