NOTICE OF BOND RESOLUTION

CUBA-

RUSHFORD

CENTRAL SCHOOL

DISTRICT

ALLEGANY COUNTY, NEW YORK

NOTICE IS HEREBY GIVEN that the bod resolution summarized below has been adopted by the Board of Educations (the "Board")of the Cuba-Rushford Central Schools District, Allegany County, New York (the "District") on May 13, 2025, and the validity of the serial bods 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

2. (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 collation of the provisions of the Constitution of New York.

SUMMARY OF BOND

RESOLUTION

This is a summary of a bond resolution that was adopted by the Board of Education (the "Board')

of the Cuba-Rushford Central School District, Allegany County, New York (the "District") on May 13, 2025. The bond resolution authorizes the "2024 MSHS Freezer Local Emergency Project & Elm Street Academy Roof Capital Improvement Project' (the "Project") that was approved by the District's voters on December 12, 2024, and is to be undertaken by the District at an estimated maximum cost of $1,400,000.The bond resolution further authorizes the issuance and sale of serial bonds or other obligations of the District, in an amount not to exceed $1,400,000, to finance the estimated maximum cost of the Project, and delegated to the President of the Board the power to authorize the issuance of notes in anticipation of the sale of such obligations. The Project consists of the partial reconstruction, renovation and the construction of improvements and upgrades to various District buildings and facilities, and the sites thereof, the purchase for which such buildings, facilities and sites are used, and all ancillary or related work required in connection therewith, including preliminary costs incidental thereto and in connection with the financing thereof. The period of probable usefulness for the 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. 5476 Route 305 North, Cuba, New York.