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Lakeville council approves $36.145 million GO bond sale after competitive bids
Lakeville City Council · April 21, 2026
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Summary
Council authorized issuance and sale of $36,145,000 in 2026 general‑obligation bonds to finance street, fire station and utility projects after staff reported strong market results and 13 competitive bids.
The Lakeville City Council on April 20 authorized the sale of $36,145,000 in general‑obligation bonds (series 2026 A) after staff reported favorable market results and competitive bidding.
The finance director briefed the council on the results: the city recognized roughly $2 million of premium at sale, allowing a reduction from the…
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