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Duluth City Council considers $8.1M water note, multiple grants and Spirit Mountain design amendment; no vote recorded in transcript
Summary
The Duluth City Council on Monday considered a package of resolutions and ordinances covering utility financing, public‑safety grants, capital purchases and recreation agreements.
The Duluth City Council on Monday considered a package of resolutions and ordinances covering utility financing, public‑safety grants, capital purchases and recreation agreements. Presentations and questions were recorded in the meeting transcript; no final votes are recorded in the transcript provided.
Finance presented Resolution 20, described as “authorizing the issuance and sale of an $8,116,359 general obligation water utility revenue note, series 2025A,” to finance work on the Woodland booster station. Kelsey Forsman introduced the item; a city official identified in the transcript as Mister Montgomery said the state Public Facilities Authority (PFA) will buy the bonds at a rate of 1.99 percent and that prior council approvals and project definitions are already in place. “The interest rate has been set. The repayment terms are set. It’s just the actual sale contract between us and the PFA that this is now authorizing us to enter into and complete,” Montgomery said.
In public safety items, the…
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