Woodbury HRA/City Council Meeting 4-16-2025
Wednesday, April 16, 2025
Approval of Housing and Redevelopment Authority (HA) consent agenda
Public hearing for issuance of $22.25M in conduit revenue bonds for Reserve at Settler's Ridge phase two
Public hearing for issuance of $55M in conduit revenue bonds for The Meadows at Prairie Ridge
Presentation of Community Member Merit Award to George Frambo
Proclamation of Public Service Recognition Week, Peace Officers Memorial Day, and Emergency Medical Services Week
Donation and demonstration of protective K9 vests by Woodbury Police K9 Fund
Areas of Interest (4)
- Woodbury approves $77M in conduit bond financing for two major affordable multifamily housing projects.
- City faces highly competitive state 'volume cap' process to secure tax-exempt financing for affordable housing.
- Local Uber driver receives community merit award after preventing a $20,000 senior citizen phone scam.
- Woodbury PD K9 unit receives $3,500 custom Canadian-made ballistic vests via community nonprofit fundraising.
Votes (3)
Approve consent agenda items 3A and 3B
Moved by Commissioner · Seconded by Commissioner
Adopt HA resolution 25-03 for financing of Reserve at Settler's Ridge
Moved by Commissioner · Seconded by Commissioner
Adopt HA resolution 25-04 for financing of The Meadows at Prairie Ridge
Moved by Commissioner · Seconded by Commissioner
Notable Quotes (2)
The federal government allocates a certain amount of tax exempt bonds to each state... since we don't have an entitlement issuer, we have to go to the state.
It'll take us about 22 months for construction and we'll start leasing about 3 months ahead of time.
People (5)
Anne WbertMayor / ChairChair of the HA meeting and Mayor presiding over city council proceedings.
Chair of the HA meeting and Mayor presiding over city council proceedings.
Jamie FritzStaffPresents housing development projects and bond issuance details to the HA board.
1 quote
Presents housing development projects and bond issuance details to the HA board.
“The city and the HA are not liable for the repayment of the proceeds of the bonds.”
Explaining the conduit nature of the revenue bonds.
George FramboCommunity MemberRecognized for thwarting an elder financial scam while working as an Uber driver.
1 quote
Recognized for thwarting an elder financial scam while working as an Uber driver.
“Please in all the senior homes in the city, I want you to make a requirement that all the frontline staff should be trained on educated on this type of incidents.”
Requesting city-wide senior safety training following his experience.
Jason PoselDirector of Public SafetyPresents community awards and discusses the K9 vest donation program.
Presents community awards and discusses the K9 vest donation program.
Bob BixbyPresidentOversees fundraising for specialized police equipment.
Oversees fundraising for specialized police equipment.
Places Mentioned
Events & Meetings (2)
- April 16, 2025 - 7:30 p.m. Housing and Redevelopment Authority (HA) Meeting
- April 16, 2025 - 7:46 p.m. City Council Meeting
Ordinances & Resolutions (2)
Approves plan for financing and issuing multifamily housing bonds for Woodbury AH2 LLP.
Approves plan for financing and issuing multifamily housing bonds for LSBD Woodbury Manning LLC.