MONTOUR SCHOOL DISTRICT ENACTMENT NOTICE UNDER LOCAL GOVERNMENT UNIT DEBT ACT Notice is hereby given that the Board of School Directors of Montour School District, at a meeting held on August 20, 2020, adopted a Resolution titled and summarized as follows: AUTHORIZING THE INCURRING OF NONELECTORAL DEBT BY THE ISSUANCE OF GENERAL OBLIGATION NOTES, FEDERALLY TAXABLE SERIES OF 2020 IN AN AGGREGATE PRINCIPAL AMOUNT NOT-TO-EXCEED SIXTY TWO MILLION SEVEN HUNDRED TEN THOUSAND DOLLARS ($62,710,000.00); COVENANTING TO PAY, AND PLEDGING ALL AVAILABLE TAXING POWER OF THE LOCAL GOVERNMENT UNIT FOR THE PAYMENT OF, THE NOTES; PROVIDING FOR THE ESTABLISHMENT OF A SINKING FUND AND THE APPOINTMENT OF A SINKING FUND DEPOSITORY; FIXING THE FORM, MAXIMUM INTEREST RATES, MATURITY DATES AND OTHER PROVISIONS FOR THE PAYMENT THEREOF; AUTHORIZING THE ACCEPTANCE OF A PROPOSAL FOR THE PURCHASE OF THE NOTES; AUTHORIZING A FILING OF REQUIRED DOCUMENTS WITH THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT; RATIFYING AND DIRECTING CERTAIN ACTIONS OF OFFICERS; AND MAKING CERTAIN OTHER COVENANTS AND PROVISIONS IN RESPECT OF THE NOTES. The Resolution was not amended from its proposed form during final passage. The maximum interest rate on the Bonds, once issued, is 6.00%. The Bonds will be purchased by Boenning & Scattergood, Inc. at a purchase price of not less than 95.00%, inclusive of net original issue discount/premium, if any, together with accrued interest to the date of delivery. The full text of the Resolution as adopted may be examined by any citizen between the hours of 8:30 a.m. to 3:00 p.m. on regular school business days at the Administrative Offices, Montour School District, 225 Clever Road, McKees Rocks, PA 15136, if the restrictions related to the COVID-19 pandemic are lifted. Until such time, citizens may request an electronic copy of the adopted Resolution by contacting the Board Secretary doylet@montourschools.com. MONTOUR SCHOOL DISTRICT Tiffani Suriano Doyle Board Secretary 412-490-6500