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Fridley School Board ratifies $11.5 million aid‑anticipation certificates
Summary
At a Jan. 15 special meeting, the Fridley Public School District board unanimously approved a resolution ratifying the award of $11,500,000 General Obligation Aid Anticipation Certificates, Series 2026A. The 3-0 vote took place during a brief session at the Fridley Community Center.
Fridley Public School District’s board of trustees approved a resolution on Jan. 15 ratifying the sale of $11,500,000 in General Obligation Aid Anticipation Certificates, Series 2026A. The action was taken during a special meeting called to order at 4:30 PM at the Fridley Community Center and passed on a roll-call vote of 3-0.
Board Member Sara Jones moved to approve the resolution, and Nikki Auna seconded; all three members present — Jones, Auna and Board Chair Jake Karnopp — voted in favor. The resolution’s title as presented to the board was "Relating to $11,500,000 General Obligation Aid Anticipation Certificates of Indebtedness, Series 2026A: Ratifying the Award of Sale and Establishing the Terms Thereof." The meeting minutes record the formal vote as "Motion carried 3-0."
The meeting record does not include additional discussion of the certificates' sale terms, interest rates, or purchaser identity; the resolution as approved ratifies the award of sale and establishes the certificates’ terms but does not list further implementation steps in the minutes. The special session adjourned at 4:32 PM.
