CITY OF PRIOR LAKE, MINNESOTA

NOTICE OF PUBLIC HEARING ON INTENTION TO ISSUE
GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS
AND THE PROPOSAL TO ADOPT A CAPITAL IMPROVEMENT PLAN THEREFOR

NOTICE IS HEREBY GIVEN that the City Council (the “Council”) of the City of Prior Lake, Minnesota (the “City”), will meet on August 12, 2025, at 7:00 P.M., at the City Hall, 4646 Dakota St. SE, Prior Lake, Minnesota, for the purpose of conducting a public hearing on (a) the intention to issue general obligation capital improvement plan bonds, in one or more series, in an amount not to exceed $5,775,000 and (b) the proposal to adopt a capital improvement plan therefor.  The proceeds of the bonds will be used to finance capital improvements described in the capital improvement plan.

If a petition requesting a vote on the issuance of the bonds is signed by voters equal to five percent of the votes cast in the City in the last municipal general election and is filed with the City within thirty days after the public hearing, the bonds may only be issued upon obtaining the approval of the majority of the voters voting on the question of issuing the bonds.

All interested persons may appear at the August 12, 2025 public hearing and present their views orally; or if in writing contact the City Clerk’s office at 4646 Dakota St. SE, Prior Lake, MN 55372 or (952) 447-9800.

BY ORDER OF THE CITY COUNCIL

/s/ Heidi Simon, City Clerk

Posted on Prior Lake News Compass website (www.plnewscompass.org) on July 24, 2025