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LAKE ELMO CITY COUNCIL MINUTES <br /> July 16, 2024 <br /> <br />Page 2 of 2 <br /> <br />ITEM 9: 2024A Bond Sale Tammy Omdahl, Northland Securities, summarized the bond sale for the 2024 Street Improvements and 2024 Collector Streets. Ms. Omdahl noted that Mooty’s gave the city a AA1 <br />rating and six bids were received for the sale of the bonds. <br /> <br />Councilmember Dragisich, seconded by Councilmember Holtz, moved TO APPROVE RESOLUTION NO. 2024-084: A RESOLUTION AWARDING THE SALE OF $5,045,000 <br />GENERAL OBLIGATION IMPROVEMENT AND UTILITY REVENUE BONDS, SERIES <br />2024A. Motion passed 5 – 0. COUNCIL REPORTS <br />Mayor Cadenhead: Thanked the Sheriff’s Department deputies, Fire Department, Public Works <br />Department for assisting Connect Lake Elmo with the 4th of July parade and also thanked the Lake Elmo Rotary for providing ice cream for the event. <br />Councilmember Holtz: Noted that the 30th Street construction is complete and thanked staff for their work on the project. Thanked the Public Works staff for replacing newly planted trees at Easton Village. Reported on upcoming 3M work group projects and public open house at Oak <br />Land Middle School on July 25th regarding safe drinking water. <br />Councilmember Hirn: Noted upcoming Night out on August 6th. <br /> STAFF REPORTS AND ANNOUNCEMENTS <br />City Clerk Johnson: Provided election reminders and candidate filing information. <br />Finance Director Hadler: Provided a reminder of the city’s new bill payment website. <br /> <br />Meeting adjourned at 7:13 p.m. <br />LAKE ELMO CITY COUNCIL <br />ATTEST: ______________________________ Charles Cadenhead, Mayor _______________________________ Julie Johnson, City Clerk