Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves host approval for Oakdale-issued bonds to benefit Ebenezer York Assisted Living
Summary
Edina granted host approval Nov. 18 for Oakdale to issue up to $25 million in revenue bonds (approximately $14 million allocated to Edina project components) to refinance and upgrade Ebenezer Society facilities; staff said the bonds pose no risk to Edina taxpayers or credit ratings and the council voted to adopt Resolution 2025-103 authorizing the host approval.
At a public hearing with no public testimony, the Edina City Council on Nov. 18 approved a resolution authorizing the city to give host approval for the City of Oakdale to issue revenue bonds to finance projects for the Ebenezer Society, including work on a facility in Edina.
Jenny Bolton, bond counsel for Oakdale, explained…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
