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New Ulm City Council Approves $5.3 Million Bond Sale with Piper Sandler Winning Bid

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Meeting Recording
Part 2
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Meeting Minutes
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  • Meeting Overview:

Overview: The New Ulm City Council, during its meeting on August 5, 2025, approved the sale of $5.3 million in general obligation bonds, awarding it to Piper Sandler following a competitive bidding process. The council also addressed contributions for the 2026 budget, a significant grant for airport improvements, and several other community-focused initiatives.

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Meeting Video
Pt. 2
Transcript
Meeting Minutes
Note: This meeting summary was generated by AI, which can occasionally misspell names, misattribute actions, and state inaccuracies. This summary is intended to be a starting point and you should review the meeting record linked above before acting on anything you read. If we got something wrong, let us know. We’re working every day to improve our process in pursuit of universal local government transparency.
Government Officials
Mayor:
Kathleen L. Backer
City Council Officials:
, Andrea S. Boettger, Council, David H. Christian, 1st Ward City Councilor, Eric R. Warmka, 2nd Ward City Councilor, Thomas E. Schmitz, 3rd Ward City Councilor, Larry A. Mack, 4th Ward City Councilor
  • Meeting Type:
    City Council
  • Committee:
  • Meeting Date:
    08/05/2025
  • Recording Published:
    08/05/2025
  • Duration:
    59 Minutes
  • Notability Score:
    Routine

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  • State:
    Minnesota
  • County:
    Brown County
  • Towns:
    New Ulm

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