NOTICE
The resolution, a summary of which is published herewith, has been adopted on April 11, 2019, 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 the Manhasset 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.
Christine Michelen
District Clerk
REFUNDING BOND RESOLUTION OF THE MANHASSET UNION FREE SCHOOL DISTRICT, NEW YORK, ADOPTED APRIL 11, 2019, AUTHORIZING THE REFUNDING OF ALL OR A PORTION OF CERTAIN OUTSTANDING REFUNDING SERIAL BONDS OF SAID DISTRICT, STATING THE PLAN OF REFUNDING, APPROPRIATING AN AMOUNT NOT TO EXCEED $9,650,000 THEREFOR, AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $9,650,000 REFUNDING SERIAL BONDS OF THE DISTRICT TO FINANCE SAID APPROPRIATION, AND MAKING CERTAIN OTHER DETERMINATIONS ALL RELATIVE THERETO.
Object or purpose: refunding of all or a portion of District”s School District Refunding Serial Bonds-2011, currently outstanding in the amount of $9,440,000.
Period of probable usefulness: twenty-five (25) years, commencing on the date of original issuance of the first bond or note issued for the purpose for which the outstanding bonds were issued.
Amount of obligations to be issued: not to exceed $9,650,000
A complete copy of the refunding bond resolution summarized above shall be available for public inspection during normal business hours at the office of the District Clerk, Manhasset Union Free School District, 200 Memorial Place Manhasset, New York
Dated: April 11, 2019
Manhasset, New York
MT #150904
1X 4/19/2019 #150904
