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Votes at a glance: Woodbury council approves bond issues; opens HUD consolidated‑plan comment period; tables SRO deal
Summary
The Woodbury City Council on April 2 approved two financing measures, opened a 30‑day public comment period on HUD grant priorities and tabled a School Resource Officer contract after a wording dispute.
Here are the formal outcomes from the Woodbury City Council meeting on April 2, 2025.
MSA conduit revenue bonds (Resolution 25‑73) — adopted The council held a public hearing and adopted Resolution 25‑73 to authorize the issuance of conduit revenue bonds for MSA Building Company and Math and Science Academy not to exceed $69,000,000 (an increase from a previously authorized $60,000,000 to allow refinancing of 2020 bonds). Staff said the bonds are conduit financing and the city is not liable for repayment; repayment will come from the borrower’s revenues. Bond counsel Sophia Leike and MSA representatives attended the hearing. Vote: Roll call — Stafford: Aye; Wilson: Aye; Morris: Aye; Santini: Aye; Mayor Burt: Aye. Outcome: approved.
General obligation bonds (Resolution 25‑74) — adopted The council approved the issuance and sale of General Obligation Bonds,…
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