Independent School District No. 622 Resolution Awarding Sale of Bonds Series 2026A Feb 2026
Board Sells $21.7M Maintenance Bonds to Finance Projects
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Description
Independent School District No. 622 awarded the sale of $21,730,000 General Obligation Facilities Maintenance Bonds, Series 2026A, to [Purchaser]. The bonds will fund site and facilities maintenance projects and are scheduled to mature between 2028 and 2041.
Contract Details
Contract Amount
$21,730,000 (original aggregate principal amount; final sale price may vary based on issue premium/discount)
Vendor
PURCHASER
Agency
North St. Paul-Maplewood-Oakdale School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
February 17, 2026
Contract Term
Bonds dated March 12, 2026; maturities February 1, 2028 through February 1, 2041; callable on or after February 1, 2034
Renewal Date
2041-02-01
Renewal Info
Bonds are callable on or after February 1, 2034 for possible refunding or early redemption. No auto-renewal; new debt issues require board resolution.
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