Becker City Council Approves $40 Million Guardian Angels Conduit Debt for Senior Living Expansion
- Meeting Overview:
In a recent meeting, the Becker City Council approved issuing up to $40 million in conduit debt for Guardian Angels, facilitating the expansion of a senior living facility in Albertville. This debt issuance, which Becker will act as the conduit issuer for, is earmarked for refinancing existing debt and constructing new independent living units, all without impacting the city’s financial liabilities.
The council meeting’s highlight was the public hearing on the Guardian Angels Conduit Debt. A representative from the city provided a detailed presentation about the tax-exempt bonds requested by Guardian Angels. The project involves constructing 86 new independent living units connected to an existing senior facility, featuring amenities like fitness centers, pickleball courts, and outdoor spaces. The council confirmed that while the city would issue the bonds, Guardian Angels would be responsible for repayment. The issuance will not hinder the city’s bonding capabilities but will reflect on the audit report for transparency. The project aims to begin construction soon, with completion anticipated by March 2027.
Following the hearing, the council moved to adopt Resolution 2595, approving the conduit debt issuance. After ensuring the city’s financial security, the resolution passed unanimously.
Another topic discussed was the update to the city’s employee personnel policy regarding paid leave, aligning with the new Minnesota paid leave provisions effective January 2026. The council approved a private insurance plan where the city contributes 78%, and employees contribute 39%. This plan allows employees to receive between 50% and 90% of their wages during leave, depending on their income compared to the state median. The policy also includes provisions for utilizing sick or vacation time concurrently. The council appreciated the clarity provided in the presentation, as previous explanations had caused confusion.
The council also reviewed a comprehensive housing study Request for Proposals (RFP) aimed at updating the city’s housing strategies. This study, part of the city’s comprehensive plan, seeks to provide actionable data for future housing policy and development strategies. The proposal, having undergone several revisions with input from the Economic Development Authority (EDA) and the planning commission, was approved for release. The study will focus on data trends, cost analysis, and policy recommendations, providing city officials, staff, and developers with accessible and useful information.
On the recreational front, the Becker Athletic Complex scoreboard replacement project was another focus. Becker Youth Baseball pledged $24,000 towards replacing the outdated scoreboards with new Bluetooth-enabled ones, allowing users to update scores via their devices. The city will cover the remaining costs, and the project is supported by the park and recreation committee. The proposal includes contingencies for potential electrical infrastructure updates, addressing past changes in field layout.
Financial updates revealed that Becker’s tax revenues were at 53.74% through September, with more expected by year-end. Notably, police aid exceeded the budget by $50,000, and fire relief aid also surpassed expectations. Interest earnings in the general fund outperformed projections due to favorable rates, resulting in general fund revenues at 64% of budget and expenditures at 66%. The Golf Course Fund and Waterfront revenues also exceeded expectations.
The council addressed legislative priorities for 2026 with the Coalition of Utility Cities, focusing on statutory language issues, nuclear generation continuation, and restoring the community energy transition grant program. These priorities are critical, especially concerning the Sherco plant’s operation.
Other discussions included a regional development initiative with the establishment of a Regional Development Corporation (RDC). The council recognized the importance of clearly communicating Becker’s needs to the RDC to ensure their priorities align with those of larger municipalities like St. Cloud.
In infrastructure matters, the council discussed the replacement of a barred unit in the domestic RAS building, with two quotes provided for the necessary work. An assessment services agreement with Sherburne County was also reviewed, with the council approving a resolution to continue this cost-effective relationship.
Lastly, garbage collection issues on Third Street were addressed, with residents raising concerns about multiple trucks causing road wear. The council considered organized garbage collection to mitigate this issue, emphasizing the need for proper permitting and scheduling.
Mark Kolbinger
City Council Officials:
Rick Hendrickson, Robin Dingmann, Mike Doering, Rebecca Stanfield-Olmscheid
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Meeting Type:
City Council
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Committee:
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Meeting Date:
11/18/2025
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Recording Published:
11/18/2025
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Duration:
90 Minutes
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Notability Score:
Routine
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State:
Minnesota
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County:
Sherburne County
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Towns:
Becker
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