ESTOPPEL NOTICE   The bond ordinance, a summary of which is published herewith was adopted by the City Council of the City of Beacon (the “City”), a municipal corporation of the State of New York, located in the County of Dutchess, on November 3, 2025. The effectiveness of such bond ordinance is not subject to a permissive referendum. The validity of the obligations authorized by such bond ordinance may be hereafter contested only if such obligations were authorized for an object or purpose, or class of object or purpose, for which the City is not authorized to expend money, or 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 if such obligations were authorized in violation of the provisions of the Constitution of the State of New York. Date: February 18, 2026   /s/ Amanda Caputo AMANDA CAPUTO City Clerk City of Beacon, New York   SUMMARY OF BOND ORDINANCE   NOTICE IS HEREBY GIVEN that the City Council of the City of Beacon (the “City”), a municipal corporation of the State of New York, located in the County of Dutchess, has on November 3, 2025, duly adopted, pursuant to the Local Finance Law of New York, a bond ordinance which:   (1) authorizes the City Council of the City to finance the costs of the costs of the construction of improvements to and reconstruction of City sewer facilities, in and for the City, and authorizes the issuance of up to $730,000 aggregate principal amount of serial bonds to finance the costs of such purpose, which is a class of objects or purposes, and   (2) states the estimated maximum total costs of such project to be not in excess of $730,000 states that such costs will be financed, in whole or in part, with the issuance of the obligations authorized in such bond ordinance and sets forth the plan of financing of such costs of such purpose, and   (3) determines the period of probable usefulness of the purpose to be forty (40) years, and   (4) determines that the maximum maturity of such serial bonds is in excess of five (5) years, and   (5) delegates to the City Administrator the power to prescribe the terms, form and contents of such serial bonds and the power to authorize the issuance of, and the power to prescribe the terms, form and contents of, any bond anticipation notes issued in anticipation of the issuance of such serial bonds, including renewals thereof, and to issue, sell and deliver such serial bonds and such bond anticipation notes, and   6) states that the validity of such serial bonds, or of any bond anticipation notes issued in anticipation of the issuance of such serial bonds, may be contested only if (a) such obligations are authorized for an object or purpose, or class of object or purpose, for which the City is not authorized to expend money, or (b) the provisions of law, which should have been complied with as of the date of publication of such bond ordinance, were not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty (20) days after the date of such publication, or (c) if such obligations were authorized in violation of the provisions of the Constitution of the State of New York.   The above-described purpose has been determined to be a Type II Action pursuant to 6 NYCRR Part 617.5(c)(1) and (2) of the regulations promulgated pursuant to the State Environmental Quality Review Act.   Such bond ordinance, a full copy of which is available free of charge at the office of the City Clerk, is not subject to a permissive referendum under the provisions of Section 9.06 of the City Charter. 12102329