Free meeting summary
Coon Rapids City Council Approves $6. 2M Bond Sale Amidst Borrowing Concerns
- Meeting Overview:
Overview: The Coon Rapids City Council approved a $6,215,000 bond sale for general obligation bonds, Series 2025A, with a favorable interest rate that will reduce the city’s annual levy requirement by $20,000. The decision followed a detailed presentation by the city’s municipal adviser and highlighted budgetary savings amidst some concerns about ongoing borrowing.
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Mayor:
Jerry Koch
City Council Officials:
Brad Greskowiak, Peter Butler, Sean Novack, Christopher Geisler, Brian Armstrong, Pat Carlson
Jerry Koch
City Council Officials:
Brad Greskowiak, Peter Butler, Sean Novack, Christopher Geisler, Brian Armstrong, Pat Carlson
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Meeting Type:
City Council
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Committee:
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Meeting Date:
06/03/2025
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Recording Published:
06/04/2025
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Duration:
21 Minutes
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Notability Score:
Routine
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State:
Minnesota
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County:
Anoka County
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Towns:
Coon Rapids
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