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5/18/2026 - City Council - Regular - MinutesAll meetings of the Spring Park City Council are video recorded and available for viewing online at www.ci.spring-park.mn.us or Spring Park | Lake Minnetonka Cable Commission (lmcc-tv.org). Work Session minutes are intended to be a general synopsis of the meeting of the City Council. Additional detail regarding discussions and policy considerations is provided by watchin g the recording of the meeting. CITY OF SPRING PARK CITY COUNCIL MINUTES MAY 18, 2026 – 6:00 PM SPRING PARK CITY HALL 1. CALL TO ORDER The meeting was called to order at 6:00pm. Council Present: Mayor Chase, Councilors Horton, Sippel, and Turner were present. Council Member Suttle was absent. Staff Present: Administrator Anderson, Bruce Kimmel, Ehlers 2. PLEDGE OF ALLEGIANCE Mayor Chase led the audience to recite the Pledge of Allegiance. 3. APPROVAL OF AGENDA Council Member Sippel motioned, being seconded by Council Member Horton, to approve the agenda as presented. On vote being taken, the motion was unanimously approved. 4. PUBLIC COMMENT** - none 5. REQUESTS & PRESENTATIONS - none 6. CONSENT AGENDA* a. City Council Minutes – May 4, 2026 b. Approve Payroll, Expenditures, and Claims for Payment c. Appointing Cameron Porter to Planning Commission Council Member Horton motioned, being seconded by Council Member Turner, to approve the consent agenda as presented. On vote being taken, the motion was unanimously approved. 7. ACTION AGENDA a. 2026 Bond Issuance: i. Public Hearing Council Member Sippel motioned, being seconded by Council Member Horton, to open the public hearing for the tax abatement portion of the bond issuance. On vote being taken, the motion was unanimously approved. After no discussion, Council Member Sippel motioned, being seconded by Council Member Horton, to close the public hearing for the tax abatement portion of the bond issuance. On vote being taken, the motion was unanimously approved. ii. Bond Sale Results & Credit Rating Bruce Kimmel, Ehlers, summarized the sale day report showing results of the bond sale, detailed bids, the debt service, and affirmed the cities ‘AA’ credit rating. He commented that they would like the city to gradually restore some of the fund balances and stated that it looked good that we had a long-term financial plan in place and had recently conducted a utility rate study. b. Resolution #26-12: Spring Park GO Bonds 2026A Council Member Sippel motioned, being seconded by Council Member Horton, to approve Resolution #26-12: Spring Park GO Bonds 2026A. On vote being taken, the motion was unanimously approved. All meetings of the Spring Park City Council are video recorded and available for viewing online at www.ci.spring-park.mn.us or Spring Park | Lake Minnetonka Cable Commission (lmcc-tv.org). Work Session minutes are intended to be a general synopsis of the meeting of the City Council. Additional detail regarding discussions and policy considerations is provided by watchin g the recording of the meeting. c. Resolution #26-13: Spring Park 2026A Abatement Resolution Approving Property Tax Abatements- 200482994-v1 Council Member Horton motioned, being seconded by Council Member Sippel, to approve Resolution #26-13: Spring Park 2026A Abatement Resolution Approving Property Tax Abatements - 200482994-v1. On vote being taken, the motion was unanimously approved. 8. REPORTS a. Mayor & Council – Council Member Sippel said Midco did some damage on Hazeldell and would like to make sure it gets addressed. Mayor Chase mentioned that Spring Park was not included in the Bonding Bill that just passed in the state legislature. b. Staff – no report. 9. MISCELLANEOUS (INFORMATION ONLY) - none 10. ANNOUNCEMENTS a. May 25, 2026 – Memorial Day – City Hall Closed b. June 1, 2026 – Regular Council Meeting - 6:00p c. June 10, 2026 – Planning Commission Meeting – 6:00pm d. June 15, 2026 - Regular Council Meeting – 6:00pm e. June 15, 2026 - Council Work Session – 5:00pm 11. ADJOURNMENT There being no further discussion, Council Member Sippel motioned, being seconded by Council Member Horton, to adjourn the meeting at 6:24p.m. On vote being taken, the motion was unanimously approved. Respectfully submitted, Jamie Hoffman, City Clerk