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BALDWIN-WHITEHALL SCHOOL DISTR...

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BALDWIN-WHITEHALL SCHOOL DISTRICT ENACTMENT NOTICE UNDER LOCAL GOVERNMENT UNIT DEBT ACT Notice is hereby given that the Board of School Directors of Baldwin-Whitehall School District, at a meeting held on May 5, 2021, adopted a Resolution titled and summarized as follows: AUTHORIZING THE INCURRING OF NONELECTORAL DEBT BY THE ISSUANCE OF GENERAL OBLIGATION BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED ELEVEN MILLION NINE HUNDRED THOUSAND DOLLARS ($11,900,000); COVENANTING TO PAY, AND PLEDGING ALL AVAILABLE TAXING POWER OF THE LOCAL GOVERNMENT UNIT FOR THE PAYMENT OF, THE BONDS; ESTABLISHING A SINKING FUND AND APPOINTING 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 BONDS; 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 BONDS. The maximum interest rates/yields on the Bonds are 5%. Pending an assignment of the Purchase Proposal to a registered broker-dealer identified through a competitive bidding process, the Bonds were purchased by PFM Financial Advisors, LLC at a purchase price of not less than 95%, inclusive of net original issue discount, if any, together with accrued interest to the date of delivery. The full text of the adopted Resolution may be examined by any during regular business hours, Monday through Friday, in the office of the Secretary of the Board of School Directors of Baldwin-Whitehall School District at the Central Administration Office at 4900 Curry Road, Pittsburgh, Pennsylvania, if the restrictions related to the COVID-19 pandemic are lifted, or citizens may request an electronic copy of the adopted Resolution by contacting the Board Secretary.

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