NOTICE NOTICE IS GIVEN that the Board of School Directors of Mifflinburg Area School District, in Union County, Pennsylvania (the "School District"), at its special, public meeting on November 4, 2014, adopted a resolution (the "Resolution"), the caption and summary of which is as follows: "RESOLUTION INCURRING NONELECTORAL DEBT TO BE EVIDENCED BY GENERAL OBLIGATION BONDS IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF FOURTEEN MILLION SIX HUNDRED THIRTY-FIVE THOUSAND DOLLARS ($14,635,000), TO ADVANCE REFUND A PORTION OF THIS SCHOOL DISTRICT'S OUTSTANDING GENERAL OBLIGATION BONDS, SERIES OF 2010, AND PAY THE COSTS OF ISSUING THE BONDS; ACCEPTING A BOND PURCHASE AGREEMENT; SETTING FORTH THE PARAMETERS, SUBSTANTIAL FORM OF AND CONDITIONS FOR ISSUING THE BONDS; PLEDGING THE FULL FAITH, CREDIT AND TAXING POWER OF THIS SCHOOL DISTRICT TO SECURE THE BONDS; APPOINTING A PAYING AGENT AND SINKING FUND DEPOSITORY; PROVIDING FOR THE PAYMENT AND REDEMPTION OF THE REFUNDED BONDS; AND AUTHORIZING RELATED DOCUMENTS AND ACTIONS.". The Proposal for the School District's general obligation bonds (the "Bonds"), that was accepted by the School Board, approves a purchase price of not less than 95% or more than 115% of the principal amount of Bonds issued. The maximum annual interest rate (and yield to maturity) for each maturity of the Bonds is 5.00%. The adopted Resolution is available for public inspection in the School District's Administration Offices located at 178 Maple Street, Mifflinburg, Pennsylvania, on any open business day of the School District, between 7:45 a.m. and 4:00 p.m. This Notice is given in accordance with the Pennsylvania Local Government Unit Debt Act. MIFFLINBURG AREA SCHOOL DISTRICT, Union County, Pennsylvania DI: November 8, 2014
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