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Richfield council approves $6.16M bond sale and awards major contracts for Veterans Park pool renovation
Summary
Council authorized the sale of $6,160,000 in general obligation sales‑tax revenue bonds (Series 2025A) to fund Woodlake Nature Center and Veterans Park improvements, and approved six pool‑related contracts totaling $2,244,724.40 as part of the Veterans Park subproject.
The Richfield City Council voted Oct. 28 to approve a resolution providing for the sale of $6,160,000 in general obligation sales‑tax revenue bonds (Series 2025A) to fund parks projects approved by voters in Nov. 2024. The bonds will add $1,000,000 to the Woodlake Nature Center building project and provide $5,000,000 toward Veterans Park Complex improvements; $160,000 will cover issuance costs.
In related action the council approved multiple contracts for the Richfield Pool renovation, a subproject of the Veterans Park improvements. Competitive bids were opened Sept. 25, 2025. The…
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