City Council Meeting - June 9, 2026

The City Council of Oakdale, Minnesota, held a meeting on June 9, 2026, which included a public hearing and approval related to a conduit revenue bond financing for the Washington 3 portfolio housing project. This project involves the purchase, rehabilitation, and ownership of three affordable housing developments across Oakdale, Forest Lake, and Stillwater. The council authorized the mayor and city administrator to execute necessary documents for the bond issuance, which is expected to have no financial impact on the city's credit rating or debt limits. The city will receive a 1% issuance fee on approximately $17 million in bonds and a $3,000 non-refundable application fee. Additionally, the meeting covered various community updates, proclamations, and routine approvals, including claims totaling over $1.56 million.