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Deerwood council approves $1.53 million general obligation improvement bonds
Summary
The Deerwood City Council on June 8, 2026, approved Resolution 2026-21 to issue general obligation improvement bonds, with materials presented by Northland Securities. The minutes record the approval as unanimous among members voting at the meeting.
The Deerwood City Council voted on June 8, 2026, to approve Resolution 2026-21 authorizing the issuance and sale of general obligation improvement bonds. Jessica Green of Northland Securities "read through the handout" during a brief presentation; no substantive discussion followed and the council moved to a vote.
The motion recorded in the minutes approves the issuance and sale in the amount of $1,530,000, pledging special assessments for security and levying a tax for payment. The minutes also include an earlier presenter reference to $1,500,000 in the handout; the council vote as recorded lists Mayor Millsop and Members Ingersoll and Voller as voting "aye" and notes the motion carried. No amendments or follow-up tasks were recorded.
