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FINANCIAL_SERVICESPENDING

Lilydale City Council Minutes 2026-04-13

Council Approves Tax-Exempt Bond Issuance for 360 Communities

Estimated $14 million total project cost (bond amount to be determined)City of Lilydale360 COMMUNITIESApril 13, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Lilydale City Council approved moving forward to issue a tax-exempt conduit bond for 360 Communities to support the construction of a new facility. The project is valued at $14 million, and the city will receive a 0.25% administrative fee on the final bond amount.

Contract Details

Contract Amount

Estimated $14 million total project cost (bond amount to be determined)

Vendor

360 COMMUNITIES

Agency

City of Lilydale, MN

Contract Type

FINANCIAL_SERVICES

Document Date

April 13, 2026

Renewal Info

Bond issuance is a one-time action; repayment is the responsibility of 360 Communities, not the city.

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