NOTICE The bond resolution

The Island Now

NOTICE
The bond resolution, a summary of which is published herewith, has been adopted on June 19, 2017, 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 Great Neck Union Free School District, in the County of Nassau, New York, 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 days after the publication of this Notice, or such obligations were authorized in violation of the provisions of the constitution.
Michele Domanick
District Clerk
BOND RESOLUTION OF THE GREAT NECK UNION FREE SCHOOL DISTRICT, NEW YORK, ADOPTED JUNE 19, 2017, AUTHORIZING THE CONSTRUCTION OF ADDITIONS, ALTERATIONS AND IMPROVEMENTS TO DISTRICT SCHOOL BUILDINGS AND THE SITES THEREOF; STATING THE ESTIMATED MAXIMUM COST THEREOF IS NOT TO EXCEED $77,847,217; APPROPRIATING SAID AMOUNT THEREFOR, INCLUDING $9,507,955 IN FUNDS CURRENTLY ON HAND AND AVAILABLE IN THE DISTRICT’S GENERAL FUND’S UNASSIGNED FUND BALANCE; AND AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $68,339,262 SERIAL BONDS OF SAID DISTRICT TO FINANCE THE BALANCE OF SAID APPROPRIATION
Object or purpose: construct additions, alterations and improvements to District school buildings and the sites thereof
Amount of Obligations
to be Issued not to exceed $68,339,262
Period of Probable Usefulness: thirty (30) years
A complete copy of the bond resolution summarized above shall be available for public inspection during normal business hours at the office of the District Clerk of the Great Neck Union Free School District, 345 Lakeville Road, Great Neck, New York 11020-1606.
Dated: June 19, 2017
Great Neck, New York
GNN #146182
1x 06/30​/2017
#146182

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