Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee grants host approval for tax‑exempt bonds to finance Metro Schools College Prep purchase
Summary
The committee granted host approval to a national bond issuer to issue up to $105 million in tax‑exempt revenue bonds on behalf of Wonderful Foundations to purchase and renovate school facilities, including Metro Schools College Prep; vote passed 4–2 in committee.
Becky Shaw of the city’s business development department presented a request for committee host approval that would allow the Public Finance Authority (a Wisconsin conduit issuer) to issue tax‑exempt revenue bonds to finance acquisition and renovation of several properties, including the Metro Schools College Prep facility in Minneapolis.
Shaw said federal and state rules require…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
