Vista Prairie conduit revenue notes
City of Fergus FallsMinnesota- Detected
- Oct 28, 2026
- 5 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
On October 28, 2026, the council packet said the city would be asked to call a public hearing on November 2 for conduit debt tied to Vista Prairie at Windmill Ponds, LLC. A Taft Stettinius & Hollister LLP letter dated October 20, 2026 said the city was requested to issue up to $10,000,000 of 501(c)(3) tax-exempt and taxable revenue obligations for construction and equipping of improvements to the Windmill Ponds senior housing facility in Alexandria, refinance existing debt, finance working capital, and pay issuance costs. Bell Bank was identified as the expected lender, and Taft said it would act as bond counsel.
Decision state: public hearing to be called; financing not yet issued.
- Meeting date
- October 28, 2026
- Agency
- City of Fergus Falls
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