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Minnetrista holds public hearing on 2026 street reconstruction financing plan
Summary
City staff presented a proposed financing plan for 2026 street improvements, describing a $3,000,004.50 maximum authorization and a plan to use an alternate state-law general-obligation construction authority; preliminary approval would trigger a 30-day notice period before final action.
The Minnetrista City Council held a public hearing on a proposed financing plan for the 2026 street reconstruction project that staff described as a five-year plan focused on the 2026 expenditure.
A city finance presenter told the council the packet lists a maximum authorization of $3,000,004.50 and that the city intends to use a state-law general-obligation construction plan because property-owner assessments for the project fall below the threshold used for standard…
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