SUMMARY OF BOND

RESOLUTION

The following is a summary of a bond resolution adopted by the Board of Education of the Hinsdale Central School District on November 12, 2025. Said bond resolution authorizes the purchase of One (1) New 2025 Type C Conventional School Buses, said bus to be purchased at a total price not to exceed $175,432.59. The plan for the financing of said buses is by the payment of $3,432.59 from the General Fund, trade 2014 Thomas C-2 Bus #87 for $2,000.00 and the issuance of a bond anticipation note in an amount not to exceed $170,000.00. The proceeds from the sale of the obligations authorized in said resolution shall be used for the specific purpose of the purchase of the buses referenced herein. The period of probable usefulness for the buses is fifteen years. A copy of the resolution summarized herein is available for public inspection during normal business hours at the Hinsdale Central School District Business Office

located at 3701 Main Street, Town of Hinsdale, New York.

Jennifer L. Jaquith

Clerk, Board of Education

Hinsdale Central School District