Wastewater System Revenue Bond

At a glance

• What: Issuance of a Wastewater System Revenue Bond to the South Dakota Conservancy District, not to exceed $51,900,000, with proceeds used for capital improvements and the wastewater system revenue pledged to repay it.
• Where it stands: Ordinance 52-26 adopted on second reading July 14, 2026, 7-0.

Details

The ordinance fixes the terms of the bond and authorizes a loan agreement between the City and the Conservancy District. Moved by Basye, seconded by Spellerberg; roll call 7-0 (sponsor: Mayor). The minutes record no discussion and do not name the specific capital projects.

Sources

• Minutes, July 14, 2026: https://amv.siouxfalls.gov/OnBaseAgendaOnline/Documents/ViewAgenda?meetingId=4302&type=Minutes&doctype=2

Log

2026-07-14 - City Council

Item 23, Ordinance 52-26 adopted 7-0.

2026-07-07 - City Council

Item 37, first reading (up to $51,900,000). Spellerberg moved, Basye seconded setting second reading for July 14; 7-0.