NOTICE OF BOND RESOLUTION
The resolution, a summary of which is published herewith, was adopted on June 10, 2025.
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 Webster 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 days after the
date of publication of this notice, or such obligations were authorized in violation of the provisions
of the constitution.
Heather Murphy
District Clerk
SUMMARY OF BOND RESOLUTION
A Bond Resolution adopted by the Board of Education of the Webster Central School District
on June 10, 2025 authorizes the issuance of bonds and other obligations to purchase and finance one
(1) zero-emission student transport vehicle (the “Vehicle”), including furnishings, equipment,
machinery and apparatus as may be required for the purposes for which the vehicle is to be used
and to expend therefor an amount, including preliminary costs and costs incidental thereto and to
financing thereof, not to exceed the estimated maximum cost of $525,000. The plan of financing
includes the issuance of serial bonds in the aggregate principal amount not to exceed $525,000 and
the levy and collection of taxes on all the taxable real property in the District to pay the principal
of said bonds and the interest thereon as the same shall become due and payable, subject to
applicable amounts of state assistance available or to any revenues available for such purpose from
any other source. The bonds may be issued such that annual installments of principal and interest
are substantially level, as provided by law. Under the Local Finance Law, the Vehicle has a period
of probable usefulness of eight (8) years. Such resolution shall be kept available for public inspection
in the District Offices during regular business hours for twenty days following this publication.