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Financial adviser: district presale on track for $14.5 million, board to authorize issuance May 20
3000461 · April 16, 2025
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Summary
Matthew Hammer of Ehlers told the Fridley board the district expects to issue about $14.5 million tied to the voter-approved projects and plans to close in June; market volatility could change timing and the board will consider authorizing the issuance May 20.
Matthew Hammer, the district's financial advisor from Ehlers, told the Fridley Public Schools Board on April 15 that presale work for voter-approved projects is proceeding and the district intends to close bonds in June.
Hammer said the district plans to issue about $14,500,000 as part of the authorization framework…
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