LEGAL NOTICE PURSUANT TO LOCAL FINANCE LAW SECTION 81.00 The bond resolution, a summary of which is published herewith, was adopted on December 18, 2014, 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 Milford 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. Peter N. Livshin District Clerk Milford Central School District, New York BOND RESOLUTION DATED DECEMBER 18, 2014 OF THE BOARD OF EDUCATION OF THE MILFORD CENTRAL SCHOOL DISTRICT AUTHORIZING NOT TO EXCEED $22,024 AGGREGATE PRINCIPAL AMOUNT OF GENERAL OBLIGATION BONDS TO FINANCE THE ACQUISITION OF A SCHOOL BUS, 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 school bus, at an estimated maximum cost of $22,024. Period of Probable Usefulness and Maximum Permissible Term of Any Borrowing: five (5) years. Amount of Debt Obligations Authorized: up to $22,024. 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 Milford Central School District, Milford, New York. Dated:December 18, 2014 Milford, New York
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