LEGAL NOTICE
BRISTOL TOWNSHIP SCHOOL DISTRICT
BUCKS COUNTY, PENNSYLVANIA
NOTICE IS HEREBY GIVEN that the Board of School Directors (the "School Board") of the Bristol Township School District, Bucks County, Pennsylvania (the "School District"), at a meeting of the School Board, to be duly called and held on Monday, November 17, 2025 at 7:30 p.m., or, alternatively, on a date which is not less than three (3) days nor more than thirty (30) days from the date of publication of this Notice, to be held at Bristol Township School District Administration Building, 5 Blue Lake Road, Levittown, Pennsylvania 19057, will consider and may enact a resolution (the "Resolution") authorizing, among other things, the incurrence of non-electoral indebtedness of the School District in the maximum aggregate principal amount of up to $22,500,000, to be evidenced by general obligation bonds that will be issued by the School District in one or more series (collectively, the "Bonds").
The caption and summary of the Resolution to be considered by the School Board at such meeting is as follows:
A RESOLUTION OF THE BRISTOL TOWNSHIP SCHOOL DISTRICT BOARD OF SCHOOL DIRECTORS, BUCKS COUNTY, PENNSYLVANIA (THE "SCHOOL DISTRICT") PURSUANT TO THE ACT OF THE GENERAL ASSEMBLY OF THE COMMONWEALTH OF PENNSYLVANIA, KNOWN AS THE LOCAL GOVERNMENT UNIT DEBT ACT, 53 Pa. C.S. Chs. 80-82 (THE "DEBT ACT"); SETTING FORTH ITS INTENTION TO AUTHORIZE AND DIRECT THE INCURRING OF NON-ELECTORAL DEBT THROUGH THE ISSUANCE OF GENERAL OBLIGATION BONDS IN ONE OR MORE SERIES (COLLECTIVELY, THE "BONDS") IN A MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF UP TO $22,500,000 FOR THE PURPOSE OF PROVIDING FUNDS TO FINANCE THE COSTS OF (1) THE REPAIR AND REPLACEMENT OF HVAC SYSTEMS THROUGHOUT THE SCHOOL DISTRICT; (2) CERTAIN REPAIRS OR CAPITAL IMPROVEMENTS TO VARIOUS SCHOOL DISTRICT FACILITIES AND PROPERTIES, INCLUDING THE CONSTRUCTION OF IMPROVEMENTS THAT ARE DESGINED TO REDUCE ENERGY CONSUMPTION; (3) CAPITAL IMPROVEMENTS TO THE SCHOOL DISTRICT'S NEIL A. ARMSTRONG MIDDLE SCHOOL; AND (4) THE COSTS OF ISSUING THE BONDS (COLLECTIVELY, THE "PROJECT"); MAKING CERTAIN FINDINGS AND DETERMINATIONS IN CONNECTION WITH THE PROJECT; ACCEPTING A NEGOTIATED PROPOSAL FOR THE PURCHASE OF THE BONDS; PROVIDING THAT THE BONDS, WHEN ISSUED, SHALL CONSTITUTE A GENERAL OBLIGATION OF THE SCHOOL DISTRICT; APPOINTING A PAYING AGENT; COVENANTING TO BUDGET IN EACH FISCAL YEAR WHEN DUE; PLEDGING THE FULL FAITH, CREDIT AND TAXING POWER OF THE SCHOOL DISTRICT FOR THE TIMELY PAYMENT OF DEBT SERVICE ON THE BONDS; ESTABLISHING A SINKING FUND AND PROVIDING FOR PAYMENT OF THE BONDS THEREFROM; DIRECTING THE DEPOSIT OF THE PROCEEDS OF THE BONDS; AUTHORIZING AND DIRECTING THE PREPARATION, VERIFICATION AND FILING OF A DEBT STATEMENT, BORROWING BASE CERTIFICATE AND RELATED MATERIAL WITH THE PENNSYLVANIA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT TOGETHER WITH AN APPLICATION BY THE SCHOOL DISTRICT FOR THE APPROVAL OF THE INCURRENCE OF SUCH NON-ELECTORAL DEBT AND ISSUANCE OF THE BONDS; MAKING CERTAIN COVENANTS WITH RESPECT TO THE BONDS RELATING TO FEDERAL TAX AND SECURITIES LAWS; AUTHORIZING AND DIRECTING THE EXECUTION AND DELIVERY OF THE BONDS AND SUCH OTHER DOCUMENTS AS MAY BE NECESSARY OR ADVISABLE IN CONNECTION WITH THE ISSUANCE OF THE BONDS, UPON THE APPROVAL OF PENNSYLVANIA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT; DIRECTING THE PROPER OFFICERS AND OFFICIALS OF THE SCHOOL DISTRICT TO DO ALL THINGS NECESSARY TO CARRY OUT SUCH RESOLUTION; AND RESCINDING ALL INCONSISTENT RESOLUTIONS.
A copy of the full text of the Resolution described above may be examined or inspected by any resident at the offices of the School District located in the Bristol Township School District Administration Building, 5 Blue Lake Road, Levittown, Pennsylvania, on any business day between the hours of 8:00 A.M. and 3:45 P.M.
The Resolution currently on file may be amended prior to enactment by the School District, to reflect the details of the purchase proposal (the "Proposal") of the purchaser of the Bonds (the "Purchaser") to be presented to the School Board. The Resolution may be amended in any other respect as the School Board may deem appropriate or as may be required by the Proposal of the Purchaser.
This Notice is given in accordance with the requirements of Section 8003 of the Local Government Unit Debt Act, as amended, of the Commonwealth of Pennsylvania.
BY ORDER OF THE BOARD
OF SCHOOL DIRECTORS
OF THE BRISTOL TOWNSHIP
SCHOOL DISTRICT
James P. Morgan, III
President
November 12 2025
LSOM0404013