Medium PriorityTaxes Budgetopen
West Parking Facility bond terms
Summary
Because interest rates moved, the council bumped the max rate on the 105th redevelopment parking facility bonds from 6.25% to 6.5% so it can sell both series together in November at the best pricing.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 5, 2026.
Impact analysis
💰Financial impact
Maximum interest rate rises 25 basis points; principal and amortization terms unchanged.
✅Who benefits
The 105th redevelopment area gains financing certainty for its west parking facility.
Mentions & discussions (1)
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Blaine
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.