One focus of the evening was the approval of a $2,965,000 bond sale to fund the city’s street and utility reconstruction project. Northland Securities won the bid with a competitive net interest rate of 4.2484%. The credit rating enhancement, attributed to positive trends presented by city staff, is expected to result in substantial savings on borrowing costs. The council moved forward with the bond sale, ensuring funds would be available by July 1st, which is essential for the timely commencement of the project.

Simultaneously, the council was embroiled in a heated discussion over the enforcement of golf cart regulations. Concerns were raised by residents about a new enforcement stance by the police department restricting golf cart use along a traditional route adjacent to a creek between Aspen and State Highway 13. This route had been used for over 20 years without issue, and the sudden change prompted frustration among locals who cited inconsistency in enforcement across the city. Residents highlighted the need for clarity, suggesting a formal ordinance to permit the use of golf carts on certain routes, similar to allowances made for other vehicles.

The council considered the legalities of the route, with discussions on whether it was city or private property. Some residents advocated for a collaborative approach, proposing a committee involving community members to address the issue comprehensively.

Meanwhile, the council reviewed the city’s 2024 audit, presented by Tom Mullinger from Anto. The audit revealed a qualified opinion due to the omission of the fire relief pension liability from financial statements, though all other statements adhered to Generally Accepted Accounting Principles. Adjustmentsudit findings included limited segregation of duties due to staffing constraints and the need for written policies to bolster internal controls. The general fund saw an increase in its balance, attributed to revenues surpassing expectations and expenditures falling under budget, partly due to reduced health insurance costs.

The city’s water and sewer funds were also scrutinized. The water fund showed a positive cash flow and a balance of approximately $251,000, while the sewer fund faced a negative cash position of about $195,000 due to rising operational costs and essential repairs at the wastewater treatment plant. Mullinger stressed the importance of addressing this deficit to maintain financial stability.

Another notable topic was the approval of new playground equipment to replace unsafe structures. An insurance claim facilitated this change, requiring a $2,500 deductible for a new playground that includes solar lights. While the decision was made to improve safety, it acknowledged the community’s attachment to the old equipment.

The council also discussed the Housing Authority’s proposed tax levy for 2026, intended to raise $15,000 for matching grant funds. This proposal sparked concerns among council members about the impact on residents, although it was clarified that the Housing Authority was acting within its rights under Minnesota law.

Other financial matters included a review and approval of the May check register after resolving queries about specific expenditures, such as a high-cost hotel stay for training purposes. The council emphasized the importance of fiscal discretion and oversight of public funds.