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HRA adopts two resolutions to refinance parking enterprise bonds

5875776 · June 18, 2025
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Summary

The St. Paul Housing & Redevelopment Authority voted unanimously to approve a general bond refunding resolution and a first supplemental refunding for Parking Enterprise Revenue Refunding Bonds, authorizing series 2025A and taxable 2025B issuances.

The St. Paul City Housing & Redevelopment Authority on a 5-0 vote approved two companion resolutions to refinance the city’s parking enterprise debt.

The first vote adopted resolution RES 205945, described in the meeting as a general bond resolution authorizing issuance of parking enterprise revenue refunding bonds. The second vote approved RES 205946, a first supplemental bond resolution authorizing Parking Enterprise Revenue Refunding Bond Series 2025A and a taxable Series 2025B.

Chair Johnson introduced the items and…

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