POUGHKEEPSIE CITY SCHOOL DISTRICT

POUGHKEEPSIE CITY SCHOOL DISTRICT LEGAL NOTICE The bond resolution, a summary if which is published herewith, has been adopted on the 18th day of March, 2026, and the validity of the obligations authorized by such resolution may be hereafter contested only if such obligations were authorized for an object or purpose for which Poughkeepsie City School District is not authorized to expend money or if the provisions of law which should have been complied with as of the date of publication of this notice were not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty (20) days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the constitution. A complete copy of the bond resolution summarized herewith is available for public inspection during regular business hours at the Office of the District Clerk of the District for a period of twenty days from the date of publication of this Notice. District Clerk BOND RESOLUTION DATED MARCH 18, 2026 OF THE BOARD OF EDUCATION OF THE POUGHKEEPSIE CITY SCHOOL DISTRICT AUTHORIZING NOT TO EXCEED $16,000,000 AGGREGATE PRINCIPAL AMOUNT OF SERIAL GENERAL OBLIGATION BONDS AND THE EXPENDITURE OF $10,000,000 FROM THE 2022 CAPITAL RESERVE FUND, TO FINANCE THE DEMOLITION OF AND SITE RESTORATION INCLUDING BUT NOT LIMITED TO THE JANE BOLIN ADMINISTRATION BUILDING AND MAINTENANCE BUILDING; CONSTRUCTION OF A REPLACEMENT MAINTENANCE BUILDING, RECONSTRUCTION, RENOVATION, REHABILITATION AND IMPROVEMENTS TO VARIOUS DISTRICT BUILDINGS, FACILITIES AND SITES, INCLUDING SITE WORK, AND THE ACQUISITION OF ORIGINAL FURNISHINGS, EQUIPMENT, MACHINERY OR APPARATUS REQUIRED FOR THE PURPOSE FOR WHICH SUCH BUILDINGS, FACILITIES AND SITES ARE TO BE USED AND THE PAYMENT OF COSTS INCIDENTAL THERETO, AT A MAXIMUM AGGREGATE COST OF $26,000,000, LEVY OF TAX IN ANNUAL INSTALLMENTS IN PAYMENT THEREOF, THE EXPENDITURE OF SUCH SUM FOR SUCH PURPOSE, AND DETERMINING OTHER MATTERS IN CONNECTION THEREWITH. Class of objects or purposes: demolition and site restoration of the Jane Bolin Administration Building; and (2) reconstruction, improvement, rehabilitation, repair, furnishing and equipping of all District buildings (including, but not limited to, restoration of floors, ceilings, and exterior windows at District-owned buildings, including paving, drainage and other sitework) Maximum Estimated Cost: $26,000,000 Period of probable usefulness: Thirty (30) years Amount of obligations to be issued: $16,000,000 Amount to be expended from the 2022 Capital Reserve Fund: $10,000,000 March 23 2026 LNYS0482452