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Dakota County approves contract with Ehlers Investment Partners for investment advisory services

5084105 · June 3, 2025
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Summary

The county board authorized execution of a contract with Ehlers Investment Partners LLC (subsidiary of Ehlers and Associates Incorporated) for investment advisory services and amended the 2025 finance and non‑departmental budgets; the resolution passed on a 6‑1 roll call vote.

The Dakota County Board of Commissioners voted June 3 to authorize execution of a contract with Ehlers Investment Partners LLC, a subsidiary of Ehlers and Associates Incorporated, for investment advisory services and to amend the 2025 finance and non‑departmental budgets.

Commissioner Atkins moved the resolution; Commissioner Hayman Rowland seconded. The motion passed on a roll call vote with six commissioners voting “yes” and one commissioner voting “no.” The board recorded Commissioner Holberg as voting no and all other named commissioners as voting yes.

County staff explained the item had been pulled from the consent agenda earlier in the meeting because of a vendor name change and was added to the regular agenda for an official vote. No additional terms, dollar amounts or contract dates were stated on the public record during the meeting.

The board’s action authorizes the county to execute the investment advisory services contract and makes related amendments to the county’s 2025 finance and non‑departmental budgets. No further implementation steps or reporting requirements were announced at the meeting.