In May, our Board of Trustees approved a measure that would amend our Articles of Incorporation to allow us to offer preferred shares as a means to raise capital for our relocation project. Now it is up to you - our owners - to vote on whether we should approve or deny this amendment.

Frequently Asked Questions

• Why have a Special Election?

  According to Washington State Law, any amendment made to our original Articles of Incorporation must be voted on and approved by at least 5% of active co-op owners. What are preferred shares and why do we need them? Preferred shares are dividend-bearing investments in the Sno-Isle Food Co-Op’s equity. We hope to raise a quarter of the funds needed for relocation through the selling of Preferred Shares.

• How do these shares different than the owner equity payment we already paid?

  They differ from the $100 owner equity payment that every owner is required to purchase in the following ways: preferred shares carry NO extra voting rights - one owner is still one vote preferred shares may pay a dividend based on the size of the investment and not on the amount of purchases made at the co-op preferred shares purchases are optional investments made at each owner’s discretion — no owner is required to purchase preferred shares

• Why now?

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• How do I vote?

  On June 15, an electronic ballot will be sent to every owner account that has an email address on file. Open the email and find a button to your specific ballot. Follow the instructions there and cast your vote. Alternatively, you may pick up a paper ballot in the store between June 15-July 15, 2026 and vote here.