NOTICE OF BOND RESOLUTION

NOTICE IS HEREBY GIVEN that a bond resolution, a summary of which is published herewith, has been adopted by the Board of Education (the “Board”) of the Salamanca City Central School District, Cattaraugus County, New York (the “District”) on March 25, 2025, and was subsequently approved by the qualified voters of the District at the annual meeting and vote held on May 20, 2025, and the validity of the obligations authorized by such resolution 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 law which should have been 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 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

This is a summary of a bond resolution that was adopted by the Board of Education (the “Board”) of the Salamanca City Central School District (the “District”) on March 25, 2025. The bond resolution authorizes the issuance and sale of a bond or serial bonds and a bond anticipation note or notes in anticipation of the issuance and sale of such obligations. The resolution authorizes a Capital Improvements Project, 2025 (the “Project”), which was subsequently approved by the qualified voters of the District at the annual meeting and vote held on May 20, 2025, with the Project then to be undertaken at an estimated maximum cost of $46,985,000. The bond resolution further authorizes the issuance and sale of serial bonds or other obligations of the District in an amount not to exceed $10,000,000, with the balance of the estimated maximum cost to be covered by the expenditure of (A) $10,000,000 (during the 2025-2026 fiscal year of the District) from the District’s Capital Improvements Reserve Fund, 2022; and (B) $26,985,000 (consisting of approximately $21,347,078 of available District funds on hand and $5,637,922 of Native American building aid anticipated to be received) of District funds that are available or anticipated, and delegates to the President of the Board of the District the power to authorize the issuance of notes in anticipation of the sale of such bonds. The proceeds from the

sale of the obligations authorized to be issued pursuant to such resolution are to be used for the purpose of undertaking the Project, which consists primarily of (1) the expansion, reconstruction and renovation, in part, and the construction of additions, improvements and upgrades to, various District buildings and facilities (and the sites thereof) and (2) the acquisition of various parcels of real property (and the ensuing upgrades thereto), substantially as described in (but not to be limited by) a plan prepared by the District with the assistance of Labella Associates, as well as the purchase of original furnishings, equipment, machinery and apparatus required in connection with the purposes for which such buildings, facilities and sites are used, all ancillary or related work required in connection therewith and all associated preliminary and incidental costs 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 at the office of the District Clerk, 50 Iroquois Drive, Salamanca, New York.

Dated: September 4, 2025

Salamanca,

New York

Janet L. Koch,

District Clerk