NOTICE

NOTICE IS GIVEN that the Council of the Borough of Ulysses, in Potter County, Pennsylvania (the “Borough”), proposes to enact, at a public meeting to be held not less than three (3) days nor more than thirty (30) days following the date of publication of this notice, an ordinance (the “Ordinance”), the caption and summary of such being as follows:

“ORDINANCE

INCURRING “LEASE RENTAL DEBT”, AS DEFINED IN THE PENNSYLVANIA LOCAL GOVERNMENT UNIT DEBT ACT, IN THE MAXIMUM PRINCIPAL AMOUNT OF $300,000, EVIDENCED BY ITS GUARANTY OF THE PAYMENTS DUE UNDER THE GUARANTEED SEWER PROJECT NOTE TO BE

ISSUED BY ULYSSES MUNICIPAL AUTHORITY AS INTERIM FINANCING FOR THE DESIGN OF IMPROVEMENTS TO THE AUTHORITY’S SANITARY SEWER SYSTEM FACILITIES;

AUTHORIZING A GUARANTY AGREEMENT

SECURING THE NOTE, BY AND AMONG THIS BOROUGH, AS GUARANTOR, THE AUTHORITY, AND THE LENDER SELECTED BY THE AUTHORITY; PLEDGING THE FULL FAITH, CREDIT AND TAXING POWER OF THIS BOROUGH IN SUPPORT OF ITS GUARANTY; APPOINTING A SINKING FUND DEPOSITORY IN CONNECTION WITH SUCH GUARANTY; AND AUTHORIZING RELATED

ACTIONS AND

DOCUMENTS.”

The full text of the proposed Ordinance (and a draft copy of the proposed Guaranty Agreement approved by the Ordinance) is available for public inspection in the Borough offices located at 518 Main St. Ulysses, Pennsylvania, on any open business day, Tuesday through Friday, between 8:00 AM and 4:00 PM. Amendments may be made to the Ordinance prior to or during its final enactment. An advertisement describing the final enactment of the Ordinance, including any amendments, will be made in

accordance with

requirements of the Pennsylvania Local Government Unit Debt Act (the “Debt Act”). This Notice is given in accordance with the Debt Act.

BOROUGH OF ULYSSES,

POTTER COUNTY, PENNSYLVANIA