Shade-Central City School District

Shade-Central City School District NOTICE NOTICE IS GIVEN that the Board of School Directors of Shade-Central City School District (the "School District"), at a public meeting to be held not less than three (3) days nor more than thirty (30) days following the date of publication of this notice, proposes to adopt a resolution (the "Resolution"), the caption and summary of such proposed Resolution being as follows: "A RESOLUTION OF THIS SCHOOL DISTRICT INCURRING NONELECTORAL DEBT TO BE EVIDENCED BY A SERIES OF GENERAL OBLIGATION BONDS IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF THREE MILLION SEVEN HUNDRED FORTY THOUSAND DOLLARS ($3,740,000), TO PROVIDE FUNDS FOR: (1) REPAIRING, REPLACING, AND UPGRADING HEATING AND VENTILATION EQUIPMENT OF SCHOOL DISTRICT FACILITIES, (2) PURCHASING CAPITAL EQUIPMENT FOR USE IN OR IN CONNECTION WITH SCHOOL DISTRICT FACILITIES, (3) ADDITIONAL CAPITAL PROJECTS OF THE SCHOOL DISTRICT TO THE EXTENT APPROVED BY THE BOARD OF SCHOOL DIRECTORS OF THE SCHOOL DISTRICTS, AND (4) PAYING THE COSTS AND EXPENSES INCURRED BY THE SCHOOL DISTRICT IN CONNECTION WITH THE ISSUANCE AND INSURANCE OF THE BONDS; ACCEPTING A PROPOSAL FOR PURCHASE OF SUCH BONDS AT PRIVATE SALE BY NEGOTIATION; SETTING FORTH THE TERMS AND SUBSTANTIAL FORM OF SUCH BONDS AND AUTHORIZING AN OFFICER OF THIS SCHOOL DISTRICT TO APPROVE OTHER, FINAL TERMS OF SUCH BONDS; AUTHORIZING EXECUTION AND AUTHENTICATION OF SUCH BONDS; PLEDGING THE FULL FAITH, CREDIT, AND TAXING POWER OF THIS SCHOOL DISTRICT IN SUPPORT OF SUCH BONDS; APPOINTING A PAYING AGENT AND A SINKING FUND DEPOSITARY; SETTING FORTH CERTAIN COVENANTS AND REPRESENTATIONS RELATING TO THE FEDERAL INCOME TAX STATUS OF THE INTEREST TO BE PAID ON SUCH BONDS; AUTHORIZING APPROPRIATE OFFICERS OF THE BOARD OF SCHOOL DIRECTORS TO TAKE CERTAIN ACTIONS AND TO EXECUTE CERTAIN DOCUMENTS IN CONNECTION WITH ISSUANCE OF SUCH BONDS; AUTHORIZING RELATED ACTION." The full text of the Resolution may be examined by any citizen at the office of the Business Manager of the School District at the District Office, located at 203 McGregor Avenue, Cairnbrook, Pennsylvania, on any regular business day between the hours of 8:00 a.m. and 3:30 p.m. Amendments may be made to the Resolution prior to adoption. This Notice is given in accordance with requirements of the Pennsylvania Local Government Unit Debt Act. SHADE-CENTRAL CITY SCHOOL DISTRICT, Somerset County, Pennsylvania April 9 2026 LSOM0493367