Minnesota Valley Transit Authority

The 2023 Climate Action Plan for the University of Minnesota Twin Cities provides a comprehensive roadmap to achieve carbon neutrality by 2050 and enhance climate resilience. It details actions to reduce greenhouse gas emissions by 60% by 2033, focusing on improving energy efficiency, expanding renewable energy sources, optimizing space utilization, electrifying the campus fleet, and promoting sustainable commuting. Additionally, the plan includes a vulnerability and strength assessment to integrate climate adaptation strategies across campus infrastructure, environment, and community, addressing local climate hazards.

The MVTA Bond Board authorized the issuance of a Gross Revenue Refunding Bond, Series 2021, in the estimated principal amount of $2,420,000 to refinance the Project through the issuance by the Issuer of its Gross Revenue Refunding Bond, Series 2021, which will be secured by gross revenues of the Authority. The offer of the Purchaser to purchase the Bond is determined to be a reasonable offer and is accepted, the offering being to purchase the Bond at a price of par, without accrued interest, for the Bond bearing interest at the rate of 1.520% per annum.