Meeting Date: April 18, 2022
The City Council Meeting Rundown is prepared by the City Manager and is intended to be used as an informal summary of meeting highlights. For complete details on all agenda items, official meeting minutes, or to watch a video of the meeting, click Watch City Meetings.
Conduit Bond Issuance: The City Council approved the issuance of an Educational Facilities Revenue note. Cities are allowed to issue “conduit bonds”, which are primarily issued for the benefit of a qualified 501(c)(3). In this case, Southwest Christian High School made a request to the City as a means to secure a better interest rate for an impending project through the issuance of tax exempt bonds. The City of Carver takes on no risk in the transaction, has no role in payment of the bonds, and does not pay debt service or any other cost related to the transaction. In addition, the bonds have no effect on the City’s credit rating. The City receives ½ of 1% administrative fee in conjunction with the issuance, based on the total amount borrowed, which may not exceed $4.5 million.
Next Steps Learning Center: The City Council approved plans for a Next Steps Learning Center in Carver Commons, just west of Kwik Trip on Monroe Dr. Next Steps Learning Center has two locations currently located in Chaska and Chanhassen. The site plan shows a 16,299 square foot building that can accommodate 189 children ranging from 0 – school age. Additionally, the site plan shows four outdoor play spaces and required infrastructure for the building including site access and parking. Next Steps would operate Monday – Friday from 6:30AM – 6PM.
Ironwood Park Improvement Project: The City Council approved plans and specifications for improvements to Ironwood Park. For over the last year, the City has been working on a concept for new amenities in an expanded park area in Ironwood Park. With the Timber Creek development, the City expanded Ironwood Park by roughly 3 acres of additional park land through Park Dedication requirements. A series of meetings, workshops, and community engagement steps have resulted in the project including a skate park, picnic shelter with casual seating spaces and permanent lawn games, a full sized basketball court, trail system improvements, and an outdoor classroom adjacent to Carver Elementary. Construction is planned for the summer of 2022.