NOTICE OF BOND RESOLUTION CATTARAUGUS-LITTLE VALLEY CENTRAL SCHOOL DISTRICT NOTICE
NOTICE OF BOND RESOLUTION
CATTARAUGUS-LITTLE VALLEY CENTRAL SCHOOL
DISTRICT
NOTICE IS HEREBY GIVEN that the bond resolution summarized below has been adopted by the Board of Education of the Cattaraugus-Little Valley Central School District, Cattaraugus County, New York (the “District”) on June 24, 2025, and that the validity of the bonds authorized by such resolution (or any bond anticipation notes issued in anticipation of the sale of such bonds) may be hereafter contested only if:
1. (a) such obligations were authorized for objects or purposes for which the District is not authorized to expend money, or
(b) the provisions of the law which should be complied 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 Cattaraugus-Little Valley Central School District, Cattaraugus County, New York (the “District”) on June 24, 2025. The bond resolution authorizes the issuance and sale of serial bonds (or other obligations) of the District in an aggregate principal amount not to exceed $928,000, and delegates to the President of the Board the power to authorize the issuance of notes in anticipation of the sale of such bonds. The proceeds from the sale of such bonds or notes shall be used for the purpose of purchasing school buses (and related equipment) for use in the transportation program of the District, including preliminary costs and costs incidental thereto and in connection with the financing thereof, that was approved by the District’s voters on May 20, 2025. The period of probable usefulness for such purpose is five 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, at the District offices,
25 North Franklin Street,
Cattaraugus,
New York
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