Speaker numbers apply only to this recording.
The Mandan City Commission met on Tuesday, October 6, 2026 at 5:30 p.m. in the Bosch Frelic meeting room at Mandan City Hall. The meeting covered approval of improvement bonds, construction updates, employee recognition, a public hearing on the fringe area road master plan, a landfill excavation contract award, a storefront improvement grant, a tax abatement denial, verification of special assessment districts, scheduling of special elections, and adoption of the 2027 budget and utility rates.
Future meeting dates: October 20, November 3, and November 17, 2026.
6, 2026. It is 5 30 p.m. We are in the Bosch Frelic meeting room at Mandan City Hall. Mr. Newbauer, could you please take the roll? Commissioner is Balabic. Here. Hein Shon. Braun. Here. Mayor Frelick. Here. Please stand for the pledge. Pledge allegiance to the flag of the United States of America. To the line for which it stands. Okay, at this time we are going to move to item number one under new business. Take care of that before the announcements. And with that. John. Good evening, President Frelec, the members of the Commission. Thank you for making the accommodation to the agenda. It's a pleasure to be here with all of you again tonight. Again, I'm John Lundby with Colliers, and I'm pleased to be here tonight to present the results of the financing for the city's improvements bond series 2026. As municipal advisor to the city for this issue, we conducted a request for proposal from local lending institutions for financing on the improvement district street and sewer storm sewer projects. The winning proposal which resulted in the lowest cost of capital was submitted by Brevera Bank with a combined true interest cost of 5.17% and a final loan amount of $5,618,011. The bonds are immediately callable and available for optional redemption should the city receive prepayments from the special assessment district revenues. Arnston Stewart and Wagner as your bond council has prepared the resolution before you and with your approval will finalize all documentation and move to a closing on Tuesday, October 20th. Lastly, I just again like to thank the city, Greg Justin, for all the work and the opportunity to work with you all again, and I'd be happy to answer any questions that there might be. Any questions for John? Okay, thank you. Commissioners I move to approve the financing resolution for the sale of improvement bonds series 2026 ABC and D. Second. Motion by Commissioner Bolavic, second by Commissioner Brown. Any further discussion? Hearing none. Roll call, please. Commissioners Brown. Yes. Balavic. Yes. Hein Schaun. Yes. Mayor Frelick. Yes.