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425th Avenue project progressing; Board approves $30,902.50 draw from TIF bond
Summary
Civil Design Inc. reported that the bridge structure on the 425th Avenue project is complete and paving is expected to begin around July 15, 2026; the Board approved Draw #4 on the Tax Incremental Revenue Bond, Series 2026, for $30,902.50.
Andrew Kangas of Civil Design Inc. told the Kingsbury County Board that work on the 425th Avenue project was "progressing well, the bridge structure was complete, and paving was expected to begin around July 15, 2026." The update was presented via Zoom and focused on schedule and structure status.
The Board approved Draw #4 for the Tax Incremental Revenue Bond, Series 2026, in the amount of $30,902.50 to pay project invoices from Civil Design Inc.; that draw was moved and seconded and recorded as approved. The draw authorization provides immediate project funding consistent with previously approved TIF financing for the 425th Avenue improvements.
