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LEGAL NOTICE PURSUANT TO LOCAL...

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LEGAL NOTICE PURSUANT TO LOCAL FINANCE LAW SECTION 81.00 The bond resolution, a summary of which is published herewith, was adopted on February 25, 2016, and the validity of the obligations authorized by such bond resolution may be hereafter contested only if such obligations were authorized for an object or purpose for which the Morris Central 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. Judy B. Matson District Clerk Morris Central School District, New York BOND RESOLUTION DATED FEBRUARY 25, 2016 OF THE BOARD OF EDUCATION OF THE MORRIS CENTRAL SCHOOL DISTRICT AUTHORIZING GENERAL OBLIGATION BONDS TO FINANCE THE ACQUISITION OF VEHICLES, AUTHORIZING BOND ANTICIPATION NOTES IN CONTEMPLATION THEREOF, THE LEVY OF TAXES IN ANNUAL INSTALLMENTS IN PAYMENT THEREOF, THE EXPENDITURE OF SUCH SUMS FOR SUCH PURPOSE, AND DETERMINING OTHER MATTERS IN CONNECTION THEREWITH. Object or Purpose: the acquisition of one 65-passenger gasoline school bus, one school car and one school truck with plow and sander, at an estimated maximum aggregate cost of $184,100. Period of Probable Usefulness and Maximum Permissible Term of Any Borrowing: five (5) years Amount of Debt Obligations Authorized: up to $184,100. A complete copy of the bond resolution summarized above shall be available for public inspection during normal business hours at the office of the School District Clerk of the Morris Central School District, Morris, New York. Dated: February 25, 2016 Morris, New York

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