CITY OF NORTH BRANCH, NORTH BRANCH, MINNESOTA PRESS RELEASE
In a double win for the City of North Branch, the City Council acted at its last meeting to approve the refinancing of two bond issues, saving City residents close to $700,000 in debt service costs over the next 20 years. To aid in the sale of the refinancing bonds, the City applied for bond ratings from S&P Global Ratings, a nationally recognized rating agency, and received an “AA-“rating on its general obligation bonds. “AA-“is in the second highest tier of S&P’s rating grid.
The S&P report sites strong budgetary performance and flexibility, very strong liquidity and an upgrade in the City’s Financial Management Assessment to strong management with good financial policies and practices. The report also notes a weak debt profile that reflects both direct City debt and its portion of the state run pension plans. The City is in the eighth year of an aggressive 13-year plan to dramatically reduce its debt levels and adherence to that plan coupled with economic growth could lead to a rating increase in the future.
Savings from the refinancing will benefit several parts of the City’s operations including sewer utilities, and provide a reduction in the amount of debt service provided by property taxes.
Branch Acres Park Controlled Burn
The City of North Branch will be working with the North Branch Fire Department to conduct a controlled burn of Branch Acres Park located at 7451 394th Street, during the week of May 8, 2017. The exact day of the burn will be determined based on weather and wind conditions. Read More
The NBPD receives a grant from the AAA Foundation for Traffic Safety!
The NBPD is excited to announce that we were awarded a grant from the AAA Foundation for Traffic Safety for CELLslips that we can hand out to our residents. CELLslips are designed to prevent drivers from being distracted by cell phones. Click here
to view a short video showing how they work. A big thank you to the AAA Foundation!
Spring Load Restrictions The ENDING DATE for Winter Load Increases and STARTING DATE for Spring Load Restrictions in the SOUTH, SOUTHEAST and METRO FROST ZONES will be Friday February 17, 2016 at 12:01 AM. See the map below..
Spring Load Restrictions Map
Planning Commission Abolished Effective January 3, 2017 City Council decided to handle planning issues directly for a period of up to 120 days while they review the City’s planning process. During the next several months Council will be working with staff to reorganize the process and guidelines to ensure the City provides a professional approach for the future of the City.Please contact Carla Vita, Community Development Director at City Hall, 651-277-5227, or e-mail email@example.com
The NBPD is Accepting Applications for Volunteer Police Reserve Officers
The North Branch Police Department is currently accepting applications for volunteer Police Reserve Officers. Police Reserve Officers are non-licensed and non-paid volunteers who are willing to provide volunteer hours at the North Branch Police Department on a regular basis. To learn more about this program and how to apply, please visit:
City Of North Branch Road Maintenance Update City of North Branch is working towards getting the pavement maintenance implemented. Provided below are are some pertinent information related to it. City of Rogers is used as an example for funding options. Council will be holding more discussions and public are welcome to attend and comment as the city works towards getting this implementation through various discussions throughout the year.
City of North Branch Road Maintenance
Example - City of Rogers
Example - City of Rogers (FAQs)