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Published November 15, 2024 at 7:00 PM
Updated November 16, 2024
Demolition, site work, renovation and addition to a mixed-use development in Clarks Summit, Pennsylvania. Working plans call for the addition of a educational facility; for the demolition of a educational facility; for the renovation of a educational facility; and for site work for a educational facility.
Construction of Additions and Renovations to Abington Heights MS, Abington Heights HS, Clark Summit ES, Newton-Ransom ES, South Abington ES, and Waverly ES Follows: "resolution Incurring Nonelectoral Debt to Be Evidenced by One or More Series of General Obligation Bonds in the Maximum Aggregate Principal Amount of $55,000,000, to Undertake the Construction of Additions and Renovations to (1) Abington Heights Middle School, (2) Abington Heights High School, (3) Clark Summit Elementary School, (4) Newton-ransom Elementary School, (5) South Abington Elementary School, and (6) Waverly Elementary School, and to Pay Issuance Costs; Accepting a Proposal for the Purchase of Bonds; Setting Forth the Parameters, Substantial Form of and Conditions to 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; and Authorizing Related Documents and Actions." the Proposal for the Purchase of 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 125% (Including an Underwriting Discount and Original Issue Discount or Premium) of the Principal Amount of Bonds Issued. The Maximum Annual Yield to Maturity on All of the Bonds is 6.0%. Prior to Adoption, the Resolution Was Amended to Insert the Maximum Debt Service Schedule for the Bonds as Exhibit a Thereto. The Adopted Resolution is Available for Public Inspection in School Districts Administrative Offices at 200 East Grove Street, Clarks Summit, Pennsylvania, on Any Open Business Day of the School District Between 8:00 Am and 4:00 Pm.
Final Planning
Educational
$35,000,000.00
Public - City
Addition, Demolition, Renovation, Site Work
Trades Specified
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