Public Notice: 07/18/2025 [f44c7218f3e0a64c023ce3544bd5db69]

NOTICE NOTICE IS GIVEN that the Board of School Directors of East Stroudsburg Area School District, Monroe and Pike Counties, Pennsylvania (the “School District”), proposes to adopt, at a public meeting to be held not less than three (3) days nor more than thirty (30) days following the date of publication of this notice, a resolution (the “Resolution”), the caption and summary of such being as follows: “A RESOLUTION INCURRING NONELECTORAL DEBT TO BE EVIDENCED BY ONE OR MORE SERIES OF GENERAL OBLIGATION NOTES IN THE MAXIMUM COMBINED AGGREGATE PRINCIPAL AMOUNT OF NINETEEN MILLION DOLLARS ($19,000,000), TO REFUND A PORTION OF THIS SCHOOL DISTRICT’S OUTSTANDING GENERAL OBLIGATION BONDS, SERIES AA OF 2017; ACCEPTING A NOTE PURCHASE PROPOSAL; SETTING FORTH THE PARAMETERS, SUBSTANTIAL FORM OF AND CONDITIONS FOR ISSUING THE NOTES; PLEDGING THE FULL FAITH, CREDIT AND TAXING POWER OF THIS SCHOOL DISTRICT TO SECURE THE NOTES; APPOINTING A PAYING AGENT AND SINKING FUND DEPOSITORY; PROVIDING FOR THE REDEMPTION OF THE REFUNDED OBLIGATIONS; AND AUTHORIZING RELATED DOCUMENTS AND ACTIONS.” The proposed Resolution is available for public inspection in the School District’s Administration Offices, located at 50 Vine Street, East Stroudsburg, Pennsylvania, on any regular business day, Monday through Friday, between the hours of 8:00 a.m. and 3:30 p.m. Amendments may be made with respect to the Resolution prior to or during its final passage, as permitted by the Local Government Unit Debt Act (the “Act”). Advertisement related to the final passage of the Resolution, in final form, including amendments, as aforesaid, will be made in accordance with the requirements of the Act. EAST STROUDSBURG AREA SCHOOL DISTRICT, Monroe and Pike Counties, Pennsylvania