Bonds

Bond Offering

General Obligation Bonds, Series 2026

General Obligation Bonds, Series 2026

Par Amount
$269,265,000
Tax Status
Tax-Exempt
Sale Date
08/26/2026
Sector
County / City / Town
State
Minnesota
Bond Type
Fixed Rate
Method of Sale
Competitive
Closing Date
09/16/2026
Dated Date
09/16/2026
Call Date
12/01/2035
First Interest Date
12/01/2026
First Principal Date
12/01/2026

Additional Information

The Bonds are being issued to finance the construction of various assessable public projects, various utility system improvements, and various capital projects in the City and to refinance capital improvements in the City through the redemption and prepayment of a portion of the City’s General Obligation Capital Improvement Bonds (Green Bonds), Series 2018 on or about December 1, 2026.

Bond Offering Ratings

Moody’s
Aaa
Outlook
Stable
Date
Aug 2026
S&P
AAA
Outlook
Negative
Date
Aug 2026
Fitch
AAA
Outlook
Stable
Date
Aug 2026