White Bear Lake City Council 03/10/2026

The City of White Bear Lake held a City Council meeting on March 10, 2026, which included a public hearing and discussion regarding the 2026A bond issue for street projects. The council reviewed the financing options for street reconstruction bonds, including general obligation bonds and street reconstruction bonds, depending on the level of special assessments. The municipal advisor presented an estimated true interest cost of 3.594% and outlined the financing plan involving special assessments and tax levies to cover debt service. The council preliminarily approved the bond issuance and authorized staff to proceed with the bond sale preparations. Additionally, the council discussed a proposed charter amendment to align special election dates with state statute, addressing potential conflicts and the timing of special elections and primaries. The first reading of the ordinance was conducted with a public hearing, and the second reading was scheduled for March 24, 2026. No other procurement or contracting decisions were made during the meeting.