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Minnetrista approves $13.0M bond sale after day-of-sale report
Minnetrista City Council · April 21, 2026
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Summary
Council accepted a day-of-sale report from Ehlers and Associates showing an AA+ rating and a low bid at 3.7%, then approved a resolution awarding the General Obligation Bond Series 2026A in a final amount adjusted by premiums to about $13.0 million.
Council members reviewed a day-of-sale report from financial advisor Todd Hagen of Ehlers and Associates and then approved a resolution awarding the sale of General Obligation Bond Series 2026A.
Hagen told the council the city received eight bids on the issue; TD Financial Products submitted the…
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