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City presents results of Series 2025A bond sale; S&P reaffirms AAA rating
Blaine City Council · December 15, 2025
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Summary
The city reported sale results for its General Obligation Improvement Utility Bonds, Series 2025A: $8.97 million par, 8 bids, winning true interest cost 3.16%, and an S&P AAA rating reaffirmed. Council accepted the presentation and had no questions.
Mikaela Hewitt, a municipal advisor with Baker Tilly, presented the results of Blaine's General Obligation Improvement Utility Bonds, Series 2025A, following council authorization of the sale on Nov. 3.
Hewitt said the sale date was Dec. 2, eight bids were received and the winning bidder was FHN…
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