July 14, 2025 Bloomington City Council Meeting

Monday, July 14, 2025

Approval of City Council agenda

Consent business (13 items)

Resolution awarding sale of taxable sales tax revenue bonds series 2025 A and B

Public hearing on ordinances amending Chapter 20 (CenterPoint Energy and Xcel Energy franchise fees)

Update on Bloomington Ice Garden construction

Sidewalk plowing reduction evaluation plan

City Council policy and issue update

Votes (4)

Approval of tonight's agenda

Passed7-0

Moved by Mayor · Seconded by Councilmember Carter

Accept consent business items 3.1 through 3.13

Passed7-0

Moved by Councilmember Lowman · Seconded by Councilmember

Adopt resolution authorizing issuance of Sales Tax Revenue Bonds Series 2025 A

Passed7-0

Moved by Councilmember Dallessandro · Seconded by Councilmember

Adopt resolution authorizing issuance of General Obligation Sales Tax Revenue Bonds Series 2025 B

Passed7-0

Moved by Councilmember Dallessandro · Seconded by Councilmember

Notable Quotes (2)

These are to fully fund the bond portion that the council and the residents are authorized per our sales tax referendum $100 million for this project.

Lori Economy-Scholer
Bond SalesClarifying the purpose of the bond sales for the Community Health and Wellness Center.

15 bidders today was I think a record for the city.

Elizabeth Bergman
Bond SalesDescribing the high level of investor interest in Bloomington bonds.

People (5)

Declan MonahanBoy Scout

Member of Troop 374 attending to work on a merit badge.

Lori Economy-ScholerCFO

Presented financial data regarding bond sales and franchise fee revenue options.

Elizabeth BergmanRepresentative

Explained the bond marketing process to potential investors.

Bob SimonsSenior Civil Engineer

Presented on franchise fees, pavement management, and sustainability goals.

Julie LongCity Engineer

Assisted with the presentation regarding infrastructure and franchise fees.

Places Mentioned

Bloomington City Hall ChambersBloomington Ice GardenNormandale BoulevardOld Shakopee RoadBryant ParkCentral Park

Events & Meetings (2)

  • July 14, 2025: City Council Meeting
  • April 17, 2025: Franchise Fee Open House

Ordinances & Resolutions (3)

2025 A

Resolution authorizing issuance of $63,500,000 in Sales Tax Revenue Bonds.

2025 B

Resolution authorizing issuance of $28,125,000 in General Obligation Sales Tax Revenue Bonds.

Chapter 20

Ordinances amending CenterPoint Energy and Xcel Energy franchise fees.

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July 14, 2025 Bloomington City Council Meeting - Bloomington Recorder