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The Purpose of Issue section of the Notice of Sale dated July 30, 2020 has
been revised to state that the bond resolution authorizing the new money
portion of the Notes was adopted by the Board of Education on August 6,
2020. The Purpose of Issue section has been revised as follows:
Purpose of Issue
The Notes are issued pursuant to the Constitution and statutes of the State of New York, including among other things, the Education Law, the New York State Local Finance Law, and various bond resolutions adopted by the Board of Education authorizing the purchase of school buses, and a bond resolution adopted by the board of education on August 6, 2020 for the new money portion of the Notes ($173,000). The proceeds of the Notes together with $216,260 available funds of the District will redeem $599,220 bond anticipation notes currently outstanding and will provide $173,000 in new monies for the above-mentioned purpose. The District anticipates publishing the estoppel notice with respect to the new money portion of the Notes as provided in title 6 of article 2 of the local finance law. The 20 day period of limitation to contest the bond resolution will not expire prior to the August 13, 2020 closing on the Notes.
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