Bond Resolution

Bond Resolution EXHIBIT A VILLAGE OF WOODBURY, NEW YORK PLEASE TAKE NOTICE that on June 25, 2026, the Board of Trustees of the Village of Woodbury, in the County of Orange, New York, adopted the bond resolution entitled: "Bond Resolution of the Village of Woodbury, New York, adopted June 25, 2026, authorizing the issuance of bonds in a principal amount not to exceed $2,800,000 to finance the acquisition of a parcel of real property located at 77 Roselawn Road in the Village, to be used for passive recreation purposes, stating the estimated maximum cost thereof is $2,800,000 and appropriating said amount for such purpose," an abstract of such bond resolution concisely stating the purpose and effect thereof, being as follows: FIRST: AUTHORIZING the Village of Woodbury to issue bonds in a principal amount not to exceed $2,800,000 to finance the acquisition of a parcel of real property located at 77 Roselawn Road in the Village, consisting of approximately 62 acres (Tax Map ID 223-1-9.2), to be used for passive recreation purposes; STATING the estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof, is $2,800,000; APPROPRIATING said amount for such purpose; and STATING the plan of financing includes the issuance of $2,800,000 bonds of the Village to finance said appropriation, and the levy of taxes upon all the taxable real property within the Village to pay the principal of said bonds and the interest thereon; SECOND: AUTHORIZING the issuance of $2,800,000 bonds of the Village pursuant to the Local Finance Law of the State of New York to finance said appropriation; THIRD: DETERMINING and STATING that (a) the period of probable usefulness of the object or purpose for which the bonds are authorized is thirty (30) years; (b) the proceeds of the bonds and any bond anticipation notes issued in anticipation of said bonds may be applied to reimburse the Village for expenditures made after the effective date of this resolution for the purpose for which said bonds are authorized; and (c) the proposed maturity of said bonds will exceed five (5) years; FOURTH: DETERMINING that said bonds and any bond anticipation notes issued in anticipation of said bonds and the renewals of said bond anticipation notes shall be general obligations of the Village; and PLEDGING to their payment the faith and credit of the Village; FIFTH: DELEGATING to the Village Treasurer the powers and duties as to the issuance of said bonds and any bond anticipation notes issued in anticipation of said bonds, or the renewals thereof; SIXTH: STATING the conditions under which the validity of the bonds, and any notes issued in anticipation of the sale of said bonds, may be contested; and SEVENTH: DETERMINING that the bond resolution is subject to a permissive referendum. DATED: June 25, 2026 Jessica McClennan Village Clerk Publication Dates LNYS0546934