Loading...
4/20/2026 - City Council - Work Session - Agendas CITY OF SPRING PARK WORK SESSION AGENDA APRIL 20, 2026 – 5:00 PM SPRING PARK CITY HALL (Work Session discussion times are approximate) 1. 5:00: Bond Sale Discussion – Bruce Kimmel (Ehlers) 2. 5:30: Commissioner Edelson – County Update 3. 5:55: Sunset Drive Update 4. 6:00: Adjourn April 20, 2026 PRE-SALE REPORT FOR City of Spring Park, Minnesota $4,880,000 General Obligation Bonds, Series 2026A Prepared by: Ehlers 3001 Broadway Street, Suite 320 Minneapolis, MN 55413 Advisors: Bruce Kimmel, Senior Municipal Advisor Rebecca Kurtz, Senior Municipal Advisor BUILDING COMMUNITIES. IT’S WHAT WE DO. Presale Report City of Spring Park, Minnesota April 20, 2026 Page 1 Proposed Issue: $4,880,000 General Obligation Bonds, Series 2026A Purposes: The proposed issue includes financing for the following purposes: • Water: This portion of the Bonds will fund water treatment plant and water tower projects, as well as water components of the Sunset Drive project, and debt service will be paid from City water utility revenues. • Sewer: This portion of the Bonds will fund sewer lift station projects, as well as sewer components of the Sunset Drive project, and debt service will be paid from City sewer utility revenues. • Tax Abatement: This portion of the Bonds will fund electric power line relocation components of the Sunset Drive project, and debt service will paid from City property taxes (tax abatement revenues). Authority: The Bonds are being issued pursuant to Minnesota Statutes, Chapters 444, 469, and 475. Chapter 444 allows cities to issue debt without limitation as long as debt service is expected to be paid from water and sewer revenues. The Tax Abatement authority in Chapter 469 states that a city’s combined tax abatements may not, in any year, exceed 10% of the City's net tax capacity or $200,000, whichever is greater. The City’s Pay 2026 NTC is $5,405,361 and so the City’s maximum annual tax abatement is $540,536. Combined, the City’s annual tax abatements relating to portions of the Series 2022A Bonds and 2026A Bonds are expected to be less than $75,000. The Bonds will be general obligations of the City for which its full faith, credit and taxing powers are pledged. Term/Call Feature: The Bonds are being issued for a term of 15 years, 8 months. Principal on the Bonds will be due on February 1 in the years 2028 through 2042. Interest will be due every six months beginning February 1, 2027. The Bonds will be subject to prepayment at the discretion of the City on February 1, 2036, or any date thereafter. EXECUTIVE SUMMARY OF PROPOSED DEBT Presale Report City of Spring Park, Minnesota April 20, 2026 Page 2 Bank Qualification: Because the City will issue no more than $10,000,000 in tax exempt debt during the calendar year, the City will designate the Bonds as “bank qualified” obligations. Bank qualified status broadens the market for the Bonds, which can result in lower interest rates. Rating: The City’s most recent bond issues were rated by S&P Global Ratings. The current rating on those bonds is “AA”/Stable Outlook. The City will request a new rating for the Bonds. If the winning bidder on the Bonds elects to purchase bond insurance, the rating for the issue may be higher than the City's bond rating in the event that the bond rating of the insurer is higher than that of the City. Basis for Recommendation: Based on your objectives, financial situation and need, risk tolerance, liquidity needs, experience with the issuance of Bonds and long-term financial capacity, as well as the tax status considerations related to the Bonds and the structure, timing and other similar matters related to the Bonds, we are recommending the issuance of Bonds as a suitable option. Method of Sale/Placement: We are recommending the Bonds be issued as municipal securities and offered through a competitive underwriting process. You will solicit competitive bids, which we will compile on your behalf, for the purchase of the Bonds from underwriters and banks. An allowance for discount bidding will be incorporated in the terms of the issue. The discount is treated as an interest item and provides the underwriter with all or a portion of their compensation in the transaction. If the Bonds are purchased at a price greater than the minimum bid amount, the unused allowance may be used to reduce your borrowing amount. Premium Pricing: In some cases, investors in municipal bonds prefer “premium” pricing structures. A premium is achieved when the coupon for any maturity (the interest rate paid by the issuer) exceeds the yield to the investor, resulting in a price paid that is greater than the face value of the bonds. The sum of the amounts paid in excess of face value is considered “reoffering premium”. For this issue of Bonds we have been directed to use the net premium to reduce the size of the issue. The resulting adjustments may slightly change the true interest cost of the issue, either up or down. Review of Existing Debt: We have reviewed the City’s outstanding indebtedness and find that there are no refunding opportunities at this time. We will continue to monitor the market and the call dates for the City’s outstanding debt and will alert you to any future refunding opportunities. Presale Report City of Spring Park, Minnesota April 20, 2026 Page 3 Continuing Disclosure: Because the City has less than $10,000,000 in outstanding debt (including this issue) and this issue is over $1,000,000, the City will be agreeing to provide its Audited Financial Statements annually as well as providing notices of the occurrence of certain reportable events to the Municipal Securities Rulemaking Board (the “MSRB”), as required by rules of the Securities and Exchange Commission (SEC). The City is already obligated to provide such reports for its existing bonds, and has contracted with Ehlers to prepare and file the reports. Arbitrage Monitoring: The City must ensure compliance with certain sections of the Internal Revenue Code and Treasury Regulations (“Arbitrage Rules”) throughout the life of the issue to maintain the tax- exempt status of the Bonds. These Arbitrage Rules apply to amounts held in construction, escrow, reserve, debt service account(s), etc., along with related investment income on each fund/account. The City’s specific arbitrage responsibilities will be detailed in the Nonarbitrage Certificate (the “Tax Compliance Document”) prepared by your Bond Attorney and provided at closing. An Ehlers arbitrage expert will contact the City within 30 days after the sale date to review the City’s specific responsibilities for the Bonds. The City is currently receiving arbitrage services from Ehlers in relation to previous bond issues. Investment of Bond Proceeds: The City has indicated that it would like Ehlers to assist it in developing and implanting a strategy to invest the Bond proceeds until the funds are needed to pay project costs. Other Service Providers: This debt issuance will require the engagement of other public finance service providers. This section identifies those other service providers, so Ehlers can coordinate their engagement on your behalf. Where you have previously used a particular firm to provide a service, we have assumed that you will continue that relationship. Fees charged by these service providers will be paid from proceeds of the obligation, unless you notify us that you wish to pay them from other sources. Our pre-sale bond sizing includes a good faith estimate of these fees, but the final fees may vary. If you have any questions pertaining to the identified service providers or their role, please contact us. Bond Counsel: Taft Stettinius & Hollister LLP Paying Agent: Bond Trust Services Corporation Rating Agency: S&P Global Ratings (S&P) Summary: The decisions to be made by the City Council are as follows: • Accept or modify the finance assumptions described in this report • Adopt the authorizing resolution prepared by bond counsel Presale Report City of Spring Park, Minnesota April 20, 2026 Page 4 Pre-Sale Review by City Council: April 20, 2026 Due Diligence Call to Review Official Statement: Week of May 4, 2026 Conference with Rating Agency: May 6, 2026 Distribute Official Statement: May 7, 2026 City Council Meeting to Award Sale of the Bonds: May 18, 2026 Estimated Closing Date: June 10, 2026 Attachments Estimated Sources and Uses of Funds Estimated Debt Service Schedules Resolution Authorizing Ehlers to Proceed with Bond Sale (prepared separately) EHLERS’ CONTACTS Bruce Kimmel, Senior Municipal Advisor (651) 697-8572 Rebecca Kurtz, Senior Municipal Advisor (651) 697-8516 Emily Wilkie, Senior Public Finance Analyst (651) 697-8588 Alicia Gage, Senior Financial Analyst (651) 697-8551 PROPOSED DEBT ISSUANCE SCHEDULE EHLERS’ CONTACTS City of Spring Park, Minnesota $4,880,000 General Obligation Bonds, Series 2026A Issue Summary - 15 Years Assumes Current Market BQ "AA" Rates plus 50bps Total Issue Sources And Uses Dated 06/10/2026 | Delivered 06/10/2026 Water Sewer Tax Abatement Issue Summary Sources Of Funds Par Amount of Bonds $2,985,000.00 $1,365,000.00 $530,000.00 $4,880,000.00 Total Sources $2,985,000.00 $1,365,000.00 $530,000.00 $4,880,000.00 Uses Of Funds Total Underwriter's Discount (1.200%)35,820.00 16,380.00 6,360.00 58,560.00 Costs of Issuance 56,274.58 25,733.62 9,991.80 92,000.00 Deposit to Capitalized Interest (CIF) Fund --12,416.25 12,416.25 Deposit to Project Construction Fund 2,888,903.00 1,326,091.00 500,000.00 4,714,994.00 Rounding Amount 4,002.42 (3,204.62)1,231.95 2,029.75 Total Uses $2,985,000.00 $1,365,000.00 $530,000.00 $4,880,000.00 Series 2026A GO Bonds - P | Issue Summary | 4/14/2026 | 9:03 AM City of Spring Park, Minnesota $4,880,000 General Obligation Bonds, Series 2026A Issue Summary - 15 Years Assumes Current Market BQ "AA" Rates plus 50bps Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 06/10/2026 ----- 02/01/2027 --114,436.43 114,436.43 114,436.43 08/01/2027 --89,171.25 89,171.25 - 02/01/2028 255,000.00 3.000%89,171.25 344,171.25 433,342.50 08/01/2028 --85,346.25 85,346.25 - 02/01/2029 265,000.00 3.050%85,346.25 350,346.25 435,692.50 08/01/2029 --81,305.00 81,305.00 - 02/01/2030 270,000.00 3.100%81,305.00 351,305.00 432,610.00 08/01/2030 --77,120.00 77,120.00 - 02/01/2031 280,000.00 3.200%77,120.00 357,120.00 434,240.00 08/01/2031 --72,640.00 72,640.00 - 02/01/2032 285,000.00 3.300%72,640.00 357,640.00 430,280.00 08/01/2032 --67,937.50 67,937.50 - 02/01/2033 300,000.00 3.450%67,937.50 367,937.50 435,875.00 08/01/2033 --62,762.50 62,762.50 - 02/01/2034 310,000.00 3.550%62,762.50 372,762.50 435,525.00 08/01/2034 --57,260.00 57,260.00 - 02/01/2035 320,000.00 3.600%57,260.00 377,260.00 434,520.00 08/01/2035 --51,500.00 51,500.00 - 02/01/2036 325,000.00 3.700%51,500.00 376,500.00 428,000.00 08/01/2036 --45,487.50 45,487.50 - 02/01/2037 340,000.00 3.800%45,487.50 385,487.50 430,975.00 08/01/2037 --39,027.50 39,027.50 - 02/01/2038 360,000.00 3.900%39,027.50 399,027.50 438,055.00 08/01/2038 --32,007.50 32,007.50 - 02/01/2039 370,000.00 4.000%32,007.50 402,007.50 434,015.00 08/01/2039 --24,607.50 24,607.50 - 02/01/2040 385,000.00 4.050%24,607.50 409,607.50 434,215.00 08/01/2040 --16,811.25 16,811.25 - 02/01/2041 400,000.00 4.100%16,811.25 416,811.25 433,622.50 08/01/2041 --8,611.25 8,611.25 - 02/01/2042 415,000.00 4.150%8,611.25 423,611.25 432,222.50 Total $4,880,000.00 -$1,737,626.43 $6,617,626.43 - Yield Statistics Bond Year Dollars $45,356.33 Average Life 9.294 Years Average Coupon 3.8310558% Net Interest Cost (NIC)3.9601667% True Interest Cost (TIC)3.9701606% Bond Yield for Arbitrage Purposes 3.8100434% All Inclusive Cost (AIC)4.2272661% IRS Form 8038 Net Interest Cost 3.8310558% Weighted Average Maturity 9.294 Years Series 2026A GO Bonds - P | Issue Summary | 4/14/2026 | 9:03 AM City of Spring Park, Minnesota $2,985,000 General Obligation Bonds, Series 2026A Water Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 06/10/2026 ----- 02/01/2027 --70,013.85 70,013.85 70,013.85 08/01/2027 --54,556.25 54,556.25 - 02/01/2028 155,000.00 3.000%54,556.25 209,556.25 264,112.50 08/01/2028 --52,231.25 52,231.25 - 02/01/2029 160,000.00 3.050%52,231.25 212,231.25 264,462.50 08/01/2029 --49,791.25 49,791.25 - 02/01/2030 165,000.00 3.100%49,791.25 214,791.25 264,582.50 08/01/2030 --47,233.75 47,233.75 - 02/01/2031 170,000.00 3.200%47,233.75 217,233.75 264,467.50 08/01/2031 --44,513.75 44,513.75 - 02/01/2032 175,000.00 3.300%44,513.75 219,513.75 264,027.50 08/01/2032 --41,626.25 41,626.25 - 02/01/2033 185,000.00 3.450%41,626.25 226,626.25 268,252.50 08/01/2033 --38,435.00 38,435.00 - 02/01/2034 190,000.00 3.550%38,435.00 228,435.00 266,870.00 08/01/2034 --35,062.50 35,062.50 - 02/01/2035 195,000.00 3.600%35,062.50 230,062.50 265,125.00 08/01/2035 --31,552.50 31,552.50 - 02/01/2036 200,000.00 3.700%31,552.50 231,552.50 263,105.00 08/01/2036 --27,852.50 27,852.50 - 02/01/2037 210,000.00 3.800%27,852.50 237,852.50 265,705.00 08/01/2037 --23,862.50 23,862.50 - 02/01/2038 220,000.00 3.900%23,862.50 243,862.50 267,725.00 08/01/2038 --19,572.50 19,572.50 - 02/01/2039 225,000.00 4.000%19,572.50 244,572.50 264,145.00 08/01/2039 --15,072.50 15,072.50 - 02/01/2040 235,000.00 4.050%15,072.50 250,072.50 265,145.00 08/01/2040 --10,313.75 10,313.75 - 02/01/2041 245,000.00 4.100%10,313.75 255,313.75 265,627.50 08/01/2041 --5,291.25 5,291.25 - 02/01/2042 255,000.00 4.150%5,291.25 260,291.25 265,582.50 Total $2,985,000.00 -$1,063,948.85 $4,048,948.85 - Yield Statistics Bond Year Dollars $27,770.38 Average Life 9.303 Years Average Coupon 3.8312369% Net Interest Cost (NIC)3.9602233% True Interest Cost (TIC)3.9702355% Bond Yield for Arbitrage Purposes 3.8100434% All Inclusive Cost (AIC)4.2271053% IRS Form 8038 Net Interest Cost 3.8312369% Weighted Average Maturity 9.303 Years Series 2026A GO Bonds - P | Water | 4/14/2026 | 9:03 AM City of Spring Park, Minnesota $1,365,000 General Obligation Bonds, Series 2026A Sewer Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 06/10/2026 ----- 02/01/2027 --32,006.33 32,006.33 32,006.33 08/01/2027 --24,940.00 24,940.00 - 02/01/2028 70,000.00 3.000%24,940.00 94,940.00 119,880.00 08/01/2028 --23,890.00 23,890.00 - 02/01/2029 75,000.00 3.050%23,890.00 98,890.00 122,780.00 08/01/2029 --22,746.25 22,746.25 - 02/01/2030 75,000.00 3.100%22,746.25 97,746.25 120,492.50 08/01/2030 --21,583.75 21,583.75 - 02/01/2031 80,000.00 3.200%21,583.75 101,583.75 123,167.50 08/01/2031 --20,303.75 20,303.75 - 02/01/2032 80,000.00 3.300%20,303.75 100,303.75 120,607.50 08/01/2032 --18,983.75 18,983.75 - 02/01/2033 85,000.00 3.450%18,983.75 103,983.75 122,967.50 08/01/2033 --17,517.50 17,517.50 - 02/01/2034 85,000.00 3.550%17,517.50 102,517.50 120,035.00 08/01/2034 --16,008.75 16,008.75 - 02/01/2035 90,000.00 3.600%16,008.75 106,008.75 122,017.50 08/01/2035 --14,388.75 14,388.75 - 02/01/2036 90,000.00 3.700%14,388.75 104,388.75 118,777.50 08/01/2036 --12,723.75 12,723.75 - 02/01/2037 95,000.00 3.800%12,723.75 107,723.75 120,447.50 08/01/2037 --10,918.75 10,918.75 - 02/01/2038 100,000.00 3.900%10,918.75 110,918.75 121,837.50 08/01/2038 --8,968.75 8,968.75 - 02/01/2039 105,000.00 4.000%8,968.75 113,968.75 122,937.50 08/01/2039 --6,868.75 6,868.75 - 02/01/2040 110,000.00 4.050%6,868.75 116,868.75 123,737.50 08/01/2040 --4,641.25 4,641.25 - 02/01/2041 110,000.00 4.100%4,641.25 114,641.25 119,282.50 08/01/2041 --2,386.25 2,386.25 - 02/01/2042 115,000.00 4.150%2,386.25 117,386.25 119,772.50 Total $1,365,000.00 -$485,746.33 $1,850,746.33 - Yield Statistics Bond Year Dollars $12,680.88 Average Life 9.290 Years Average Coupon 3.8305427% Net Interest Cost (NIC)3.9597136% True Interest Cost (TIC)3.9696923% Bond Yield for Arbitrage Purposes 3.8100434% All Inclusive Cost (AIC)4.2268738% IRS Form 8038 Net Interest Cost 3.8305427% Weighted Average Maturity 9.290 Years Series 2026A GO Bonds - P | Sewer | 4/14/2026 | 9:03 AM City of Spring Park, Minnesota $530,000 General Obligation Bonds, Series 2026A Tax Abatement Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 06/10/2026 ----- 02/01/2027 --12,416.25 12,416.25 12,416.25 08/01/2027 --9,675.00 9,675.00 - 02/01/2028 30,000.00 3.000%9,675.00 39,675.00 49,350.00 08/01/2028 --9,225.00 9,225.00 - 02/01/2029 30,000.00 3.050%9,225.00 39,225.00 48,450.00 08/01/2029 --8,767.50 8,767.50 - 02/01/2030 30,000.00 3.100%8,767.50 38,767.50 47,535.00 08/01/2030 --8,302.50 8,302.50 - 02/01/2031 30,000.00 3.200%8,302.50 38,302.50 46,605.00 08/01/2031 --7,822.50 7,822.50 - 02/01/2032 30,000.00 3.300%7,822.50 37,822.50 45,645.00 08/01/2032 --7,327.50 7,327.50 - 02/01/2033 30,000.00 3.450%7,327.50 37,327.50 44,655.00 08/01/2033 --6,810.00 6,810.00 - 02/01/2034 35,000.00 3.550%6,810.00 41,810.00 48,620.00 08/01/2034 --6,188.75 6,188.75 - 02/01/2035 35,000.00 3.600%6,188.75 41,188.75 47,377.50 08/01/2035 --5,558.75 5,558.75 - 02/01/2036 35,000.00 3.700%5,558.75 40,558.75 46,117.50 08/01/2036 --4,911.25 4,911.25 - 02/01/2037 35,000.00 3.800%4,911.25 39,911.25 44,822.50 08/01/2037 --4,246.25 4,246.25 - 02/01/2038 40,000.00 3.900%4,246.25 44,246.25 48,492.50 08/01/2038 --3,466.25 3,466.25 - 02/01/2039 40,000.00 4.000%3,466.25 43,466.25 46,932.50 08/01/2039 --2,666.25 2,666.25 - 02/01/2040 40,000.00 4.050%2,666.25 42,666.25 45,332.50 08/01/2040 --1,856.25 1,856.25 - 02/01/2041 45,000.00 4.100%1,856.25 46,856.25 48,712.50 08/01/2041 --933.75 933.75 - 02/01/2042 45,000.00 4.150%933.75 45,933.75 46,867.50 Total $530,000.00 -$187,931.25 $717,931.25 - Yield Statistics Bond Year Dollars $4,905.08 Average Life 9.255 Years Average Coupon 3.8313569% Net Interest Cost (NIC)3.9610183% True Interest Cost (TIC)3.9709475% Bond Yield for Arbitrage Purposes 3.8100434% All Inclusive Cost (AIC)4.2291905% IRS Form 8038 Net Interest Cost 3.8313569% Weighted Average Maturity 9.255 Years Series 2026A GO Bonds - P | Tax Abatement | 4/14/2026 | 9:03 AM 2026 City Council Update Commissioner Heather Edelson Hennepin County 2026 budget update Agenda ●2026 Budget ●State & Federal Platform & Challenges ●Hennepin Health Care Update (HCMC) ●County Highlights ●Spring Park-Area Projects ●Questions 2 3 4 5 6 7 8 Service delivery Non-property tax revenue Hennepin County 2026 budget update 9 2026 Budget Other items Protect the county’s ability to continue providing critical services to residents. Reduce reliance on property taxes to protect service delivery Work to reduce impact of federal cuts Gun violence prevention Waivered services working group 10 Preliminary Property Tax Impacts on Spring Park (As of September 2025) 2025 2026 % Change Median Estimated Market Value $622,750 $679,850 9.2% Market Value Exclusion --0.0% Taxable Value $622,750 $679,850 9.2% Tax Capacity $6,534 $7,248 10.9% Net Tax Capacity $2,554 $2,986 16.9% Net Change from 2025 to 2026: $432, or 16.9% 2026 Federal Cuts: Hennepin County 2026 budget update 11 Program area Amount Annually SNAP (Food security)$8 million Terminated grants (FEMA) $2.8 million Total $10.8 million 2027 County and Hospital Anticipated Cuts Program area Date Amount Annually SNAP (Food security) Error Rate 2027 $20 million HUD (Housing security)2027 $12 million Medicaid 2027 TBD Total $32+ million Hennepin County 2026 budget update 12 Hennepin County 2026 budget update 13 State & Federal Legislative Priorities State Priority Ballpark Tax Extension and increase Federal Work to reduce Medicaid cuts and the impacts on county systems 14 Hennepin County Medical Center County Board became Hospital Board August 2025 Co-Administrators appointed David Hough and Dr. Croston Beginning January 2026 Staffing reductions and closing of service lines End of January 2026 $50M of costs must be reduced March 2026 $100 Million of cuts will need to be redacted throughout Throughout 2027April 2026 Interim CEO Dr. John Cumming appointed Support for Early Voting in Hennepin County 15 Uses for Funding Timeline Up to $9,000 (estimated cost of an additional staff person working during both the 18- day early voting periods in 2026). May be used for staffing, equipment, supplies, or other early voting-related needs. Cities were asked to fill out a form gathering information by April 24th. Expense documentation is due by December 4, 2026. Checks will be issued by December 18, 2026. Minnesota voters will be able to vote early for the first time in 2026. Hennepin County is offering $9,000 in one-time funding to cities for staffing the 18-day early voting period. Funding Amount Hennepin County 2026 budget update 16 Youth Crisis Stabilization Center Opened December 2026 Capacity: 13 beds,along with four dedicated withdrawal management spaces Provides 24/7 care for youth 8-17 short term stays designed for upto 30-45 days Focus: Intensive, secured, and trauma- informed care for youth experiencing complex mental health and behavioral crisis needs New Public Safety Headquarters in Plymouth ●Located at 1345 Shenandoah Lane N ●Cost: $41 million, opened in May 2025 ●Includes solar panels and geothermal heating/cooling ●Replaced Brooklyn Park facility, which was meant to be temporary, but was utilized for 30 years ●Stores emergency vehicles, the Water Patrol Unit, and Special Operations Unit 17 18 Spring Park-Area Infrastructure Projects Reconstruction includes striped medians for safer flow of traffic, sidewalks, paved shoulders, and a concrete median between Shoreline Drive and Northern Avenue. Sunset Drive (County Road 51) Roadway Reconstruction Road and Bridge Preservation on Interlachen Rd (County Road 125) Flood seal application to seal existing cracks and protect the concrete from corrosion. County Aid to Municipalities (CAM) 19 County Aid to Municipalities & Cost Participation Hennepin County Cost Participation Policy County Aid to Municipalities (CAM), Hennepin County provides financial assistance for roadways in municipalities with populations under 5,000. Purpose: Provide monetary assistance to municipalities that are not eligible for funding through the State Aid program due to their population. How it works: The county reimburses these smaller municipalities for eligible street project costs through the CAM program based on a formula. Spring Park CAM status: Spring Park currently has $12,822 available in CAM funding, with 2026 CAM allocations anticipated to be sent by County staff in Q2 2026. Purpose: Responding to city requests around cost participation Timing: Working group to start meeting February 2026 with recommendations to Board by this Summer Communicated with all cities Dec Participants: Wayzata, Orono, Shorewood and Eden Prairie from D6 (15 cities total) 20 Visit the Hennepin County Transportation Capital Projects Webmap Online map of capital projects approved in the 2026-2030 Capital Improvement Plan 2026 Commissioner Board Appointments 21 Metropolitan Mosquito Control Board Minneapolis Institute of Art (MIA) University of Minnesota County Extension Committee CornerHouse Board Community Action Partnership Hennepin (CAP-HC) Heading Home Hennepin Election Canvassing Board Green Line Extension Executive Change Control Board (ECCB) Green Line Extension Community Works Steering Committee Green Line Extension Corridor Management Committee Public Art and Community Engagement Southwest (PLACES) 22Hennepin County 2026 budget update Questions and Discussion