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Fridley board states intent to issue Series 2026A refunding bonds
Summary
The board voted 6-0 to state its intention to issue General Obligation School Building and Alternative Facilities Refunding Bonds, Series 2026A; the bond plan was presented by Matt Hammer of Ehlers.
At the Oct. 21 meeting Superintendent Lewis introduced Matt Hammer of Ehlers, who discussed a proposed bond plan. The board then voted unanimously (6-0) to state the district's intention to issue General Obligation School Building and Alternative Facilities Refunding Bonds, Series 2026A; the motion to state intent was moved by Sara Jones and seconded by Ross Meisner.
The action records only the board's intention to issue refunding bonds; the minutes do not specify the bond principal, timing of sale, or future steps beyond planning with bond counsel and financial advisors. Further board action will be required to finalize any bond issuance.
