NOTICE OF BOND RESOLUTION

ALLEGANY-

LIMESTONE CENTRAL SCHOOL

DISTRICT

CATTARAUGUS COUNTY, NEW YORK

NOTICE IS HEREBY GIVEN that the bond resolution summarized below has been adopted by the Board of Education (the “Board”) of the Allegany-Limestone Central School District, Cattaraugus County, New York (the “District”) on January 28, 2025, and the validity of the serial bonds or other obligations authorized by such resolution (or any bond anticipation notes issued in anticipation of the sale of such obligations) may be hereafter contested only if:

1. (a) such obligations were authorized for an object or purpose for which the District is not authorized to expend money, or

(b) the provisions of the law which should be complied with as of the date of publication of this notice were not substantially complied with,

and an action, suit or proceeding contesting such validity is commenced within 20 days after the date of such publication of this notice, or

2. such obligations were authorized in violation of the provisions of the Constitution of New York.

SUMMARY OF BOND

RESOLUTION

The following is a summary of a bond resolution that was adopted by the Board of Education (the “Board”) of the Allegany-Limestone Central School District,

Cattaraugus County, New York (the “District”) on January 28, 2025. The bond resolution authorizes the Athletic Facility Building Project (the “Proposition No. 2 Project”) that was approved by the District’s voters on December 18, 2024, and that is to be undertaken by the District at an estimated

maximum cost of $3,801,600. The bond resolution further authorizes the issuance and sale of serial bonds or other obligations of the District, in an amount not to exceed $3,801,600, to finance the estimated maximum cost of the Proposition No. 2 Project, and delegates to the President of the Board the power to authorize the issuance of notes in anticipation of the sale of such obligations. The Proposition No. 2 Project consists of the construction of an athletic facility building and the site thereto, the purchase of

original furnishings, equipment,

machinery and

apparatus required in connection with the purposes for which such building is used, and all ancillary or related work required in connection therewith, including preliminary costs and costs incidental thereto and in connection with the financing thereof. The period of probable usefulness for the Proposition No. 2 Project is 30 years. A copy of the resolution summarized hereby is available for public inspection during normal business hours for 20 days following the publication of this summary at the office of the District Clerk, 3131 Five Mile Road, Allegany, New York.