First Notice of Bond Proposal Resolution
NOTICE
NOTICE IS GIVEN that the Board of School Directors of the Lower Dauphin School District, in Dauphin County, Pennsylvania (the “School District”), proposes to adopt, within not less than three (3) days nor more than thirty (30) days, as calculated from the date of the advertisement of this Notice, a resolution, the caption and summary of such proposed resolution (the “Resolution”) being as follows:
“RESOLUTION INCURRING NONELECTORAL DEBT TO BE EVIDENCED BY ONE OR MORE SERIES OF GENERAL OBLIGATION BONDS IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF $16,500,000, TO UNDERTAKE VARIOUS CAPITAL IMPROVEMENT PROJECTS FOR THE BENEFIT OF THIS SCHOOL DISTRICT, AND TO PAY THE COSTS AND EXPENSES OF ISSUING AND INSURING (IF APPLICABLE) THE BONDS; ACCEPTING A BOND PURCHASE AGREEMENT FOR THE PURCHASE OF BONDS; SETTING FORTH THE PARAMETERS, SUBSTANTIAL FORM OF AND CONDITIONS TO ISSUING THE BONDS; PLEDGING THE FULL FAITH, CREDIT AND TAXING POWER OF THIS SCHOOL DISTRICT TO SECURE THE BONDS; APPOINTING A PAYING AGENT AND SINKING FUND DEPOSITORY; AND AUTHORIZING RELATED DOCUMENTS AND ACTIONS.”
The full text of such proposed Resolution may be examined or inspected by any citizen, in the office of the Secretary of the Lower Dauphin School District, Administration Center, 291 East Main Street, Hummelstown, Pennsylvania 17036, on any regular business day between the hours of 7:30 a.m. and 4:30 p.m. The Resolution available for inspection may contain blanks, as permitted by the Pennsylvania Local Government Unit Debt Act (the “Debt Act”). Such blanks will be completed by amending the Resolution prior to its final adoption. A notice following the final adoption of the Resolution, including a description of amendments, will be advertised in accordance with the Debt Act. This Notice is given in accordance with the Debt Act.
LOWER DAUPHIN SCHOOL DISTRICT
Dauphin County, Pennsylvania