The Village of Cottage Grove Board of Trustees recorded the following formal actions on Feb. 16, 2026:
- Purchase approval: Offer to purchase 107 East Cottage Grove Road in TID 9 approved (purchase price $350,000; earnest $5,000; 90‑day due‑diligence; proposed Nov. 18 closing). Motion moved by Murphy; second recorded; roll‑call produced a majority in favor.
- Financing parameters: Board adopted a parameters resolution authorizing issuance of general‑obligation promissory notes not to exceed $20,355,000, with a true interest cost cap of 4.21%; motion moved by Murphy and seconded by Kelm Nelson; motion carried.
- Teleconference rules: Board approved updated rules governing teleconferences and virtual attendance (motion carried).
- Conditional‑use permit: Board approved a conditional‑use permit for an outdoor golf‑cart display at 645 Sandpiper Trail with additional conditions (display period April 1–Oct. 31 and lawn maintenance requirements); motion carried.
- Budget amendments: Board approved budget amendments to align multiyear capital spending and reflect timing shifts in 2025–2026 projects (motions carried).
- Vouchers/bills: Board approved vouchers and several procurement items, including a trial of solar cameras and a three‑year license for traffic data software.
Vote records and motions are on file with the village clerk; staff will report back on any follow‑up steps or implementation dates for each item.