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Council approves bonds, rate changes and routine appointments; votes at a glance
Summary
The Thief River Falls City Council unanimously approved a package of routine finance and governance measures: a reimbursement resolution for geothermal work, $260,000 general obligation bonds for library and liquor-store roofs, an electric-rate correction with a new solar charge, various annual administrative items, and several appointments and ledger actions.
The Thief River Falls City Council approved a slate of routine finance and administrative measures during its meeting.
Key votes at a glance: the council authorized (1) a reimbursement resolution to preserve flexibility to finance City Hall geothermal work and other projects (authorization for the City Administrator to execute the Northland Securities resolution); (2) issuance of $260,000 general obligation bonds, series 2026, to fund roof replacements at the library and Falls Liquor Store (Northern State Bank bid at 3.25% for a seven-year callable term; closing date 2026-02-04); (3) a correction to geothermal (E-1) customer charges and the addition of a solar charge of $3.35 per kilowatt per month for production above 3 kilowatts; and (4) a set…
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