Please be advised the Preliminary Official Statement for the above referenced issue, which is selling via competitive bid on Tuesday, July 7, 2020 at 11:15 A.M. has been revised as follows:
The Purpose of Issue section erroneously stated the maximum cost of the capital improvement project as $7,317,000. The Purpose of Issue section has been revised to correctly state the maximum cost of the capital improvement project as $7,317,400 as follows:
The Notes are being issued pursuant to the Constitution and statutes of the State of New York, including among others, the Education Law and the Local Finance Law and a bond resolution adopted by the Board of Education of the District on November 26, 2018 which authorizes a capital improvement project at a maximum cost not to exceed $7,317,400 and the issuance of serial bonds in the principal amount of $4,817,400. The above mentioned bond resolution authorizes the District
to spend $2,500,000 from a capital reserve fund to finance a portion of the capital improvement project. The proceeds of the Notes will provide $4,817,400 new monies for the above mentioned purpose. The Purpose of Issue section has been revised to state:
In addition, the cover page of the Preliminary Official Statement erroneously titled the issue as $4,817,400 Bond Anticipation Notes, 2020 (Renewals). The Notes are providing new money for the above mentioned purpose and the title of the issue has been revised as follows:
$4,817,400
LANSING CENTRAL SCHOOL DISTRICT
TOMPKINS COUNTY, NEW YORK
GENERAL OBLIGATIONS
CUSIP BASE #: 516462
$4,817,400 Bond Anticipation Notes, 2020
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