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Hopkins approved a $6,545,000 general-obligation bond sale to fund the second phase of Central Avenues street and utility reconstruction and the 2026 Water & Sewer SCADA Fiber Project. The bonds will have a 16-year term, with principal payments scheduled from 2031 through 2042.
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The bond financing will support street, utility, and water-sewer system improvements. Repayment will come from a combination of general taxes, special assessments, and utility revenues, depending on the project. The Council also appointed or reappointed members to the Park Board and Planning & Zoning Commission and approved Pride Month and Juneteenth proclamations.
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