WARNING DISTRICT MEETING REGIONAL SCHOOL DISTRICT NUMBER 9 (TOWNS OF EASTON AND REDDING) JULY 15, 2015

A meeting of the electors and citizens qualified to vote in District meetings of Regional School District Number 9 will be held in the Library Media Center at Joel Barlow High School in Redding, Connecticut, on Tuesday, July 21, 2015, at 7:00 p.m. for the following purposes:

WHEREAS, inadvertently notices in each of the District’s member towns of the May 5, 2015 referendum vote of the voters of the District on a resolution approving an appropriation and borrowing authorization for roof replacement at Joel Barlow High School were not published as required by the Connecticut General Statutes, and it is therefore necessary to resubmit appropriations and borrowing authorizations for said project to the voters for approval; and

1. To consider and act upon a resolution:

(a)        to appropriate $500,000 (Easton’s share currently equal to 46.7% or $233,500; and Redding’s share currently equal to 53.3% or $266,500) for a portion of the costs of roof replacement at Joel Barlow High School in the area of the auditorium and consisting of the removal of existing roof systems to the existing deck and the installation of a new 20-year modified built-up roof system of approximately 31,600 square feet.  The appropriation may be spent for design and construction costs, materials, architects’ fees, engineering fees, construction management costs and fees, legal fees, net interest on borrowings, other financing costs, and other expenses related to the project.  The Board of Education is authorized to determine the scope and particulars of the project.  The Board of Education may reduce or modify the scope of the project, and the entire appropriation may be spent on the project as so reduced or modified;

(b)        to authorize the issue and renewal of bonds or notes of the District in an amount not to exceed $500,000 to finance said appropriation; to provide that the aggregate amount of bonds authorized to be issued to finance the project be reduced by the amount of grants received by the District for the project, if any; and to authorize the Chairman and the Treasurer of the Board of Education, or such officer or body delegated by the Board, to determine, the amounts, dates, interest rates, maturities, form, manner of issue and other details of the bonds or notes;

(c)        to declare under Federal Income Tax Regulation Section 1.150-2 the District’s official intent that project costs may be paid from temporary advances of available funds and that the District reasonably expects to reimburse any such advances from the proceeds of borrowings in an aggregate principal amount not in excess of the amount of borrowing authorized for the project; and to authorize the Chairman and Treasurer, or such other officer or body delegated by the Board, to amend such declaration of official intent as they deem necessary or advisable and to bind the District pursuant to such representations and covenants as they deem necessary or advisable in order to maintain the continued exemption from federal income taxation of interest on the bonds or notes authorized by the resolution if issued on a tax-exempt basis, including covenants to pay rebates of investment earnings to the United States in future years; and to make representations and enter into written agreements for the benefit of holders of the bonds or notes to provide secondary market disclosure information, which agreements may include such terms as they deem advisable or appropriate in order to comply with applicable laws or rules pertaining to the sale or purchase of such bonds or notes; and

(d)       to authorize the Building Committee established for the project, subject to the Board of Education’s authority to determine the scope and particulars of the project, to approve the expenditure of said appropriation and such other matters as it deems desirable or necessary to complete the project.

2. To hold a public hearing on the following recommendations of the Board of Education of Regional School District Number 9:

(a)        That Regional School District Number 9 of the State of Connecticut appropriate  $540,647 (Easton’s share currently equal to 46.7% or $252,482; and Redding’s share currently equal to 53.3% or $288,165) for the portion of costs of roof replacement at Joel Barlow High School in the area of the auditorium not to be funded from the $500,000 appropriation and borrowing authorization referenced above, said project consisting of the removal of existing roof systems to the existing deck and the installation of a new 20-year modified built-up roof system of approximately 31,600 square feet.  The appropriation may be spent for design and construction costs, materials, architects’ fees, engineering fees, construction management costs and fees, legal fees, net interest on borrowings, other financing costs, and other expenses related to the project.  The Board of Education shall be authorized to determine the scope and particulars of the project.  The Board of Education may reduce or modify the scope of the project, and the entire appropriation may be spent on the project as so reduced or modified.

(b)        That the District issue its bonds and temporary notes in an amount not to exceed $540,647 to finance the appropriation for the project, the aggregate amount of bonds authorized to be issued to finance the project to be reduced by the amount of grants received by the District for the project.

(c)        That the Chairman and the Treasurer, or such officer or body delegated such authority by the Board of Education, be authorized to require the District and its member towns to comply with applicable federal income tax requirements for tax-exempt bonds, and to make representations and enter into written agreements for the benefit of holders of the bonds or notes to provide secondary market disclosure information.

(d)       That the Building Committee established for the project be authorized, subject to the Board of Education’s authority to determine the scope and particulars of the project, to approve the expenditure of said appropriation and such other matters as it deems desirable or necessary to complete the project.

(e)        That the appropriation and bond and temporary note authorization be submitted to referendum vote of the electors and citizens qualified to vote in the member towns of the District.

Dated at Easton, Connecticut this 15th day of July, 2015.