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ARDEN HILLS CITY COUNCIL—MAY 12, 2025 12 <br /> Councilmember Holden asked how much the City would be paying in interest on the $2.9 <br /> million bond. <br /> Finance Director Yang estimated the City would be paying $1.1 million in interest. <br /> ADJOURN <br /> MOTION: Councilmember Monson moved and Councilmember Rousseau seconded a <br /> motion to adiourn. The motion carried (5-0). <br /> Mayor Grant adjourned the Regular City Council Meeting at 9:00 p.m. <br /> Jul' Hanson David Grant <br /> City Clerk Mayor <br />