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Metropolitan Council authorizes up to $344.3M in wastewater bonds and $80.8M for parks and transit
Summary
The Metropolitan Council adopted three resolutions authorizing competitive sales of general obligation bonds to fund wastewater, parks and transit capital needs. The council set maximum parameters and expected market rates; all three measures passed by voice vote.
The Metropolitan Council voted Thursday to authorize the issuance and sale of tax-exempt general obligation bonds to finance preservation and capital projects for wastewater, parks and transit.
Councilmember Johnson told members the council will offer three bond series under resolutions 2025-37, 2025-38 and 2025-39 that collectively set sale windows, maximum amounts and ceiling interest rates.…
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