City of Poughkeepsie authorizes bonds for Spratt Park Pool House improvements.

NOTICE OF BOND RESOLUTION The following resolution, a summary of which is published herewith, has been adopted by the Common Council of the City of Poughkeepsie, Poughkeepsie, New York, on the 7th day of April, 2026, and the validity of the obligations authorized by such resolution may be hereafter contested only if such obligations were authorized for an object or purpose for which the City of Poughkeepsie is not authorized to expend money, or the provisions of law which should have been complied with as of the date of publication of this notice were not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty (20) days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the Constitution. Jamar Cummings City Chamberlain City of Poughkeepsie, New York SUPPLEMENTAL BOND RESOLUTION DATED APRIL 7, 2026 A RESOLUTION AUTHORIZING SPRATT PARK POOL HOUSE IMPROVEMENTS AT AN INCREASED ESITMATED MAXIMUM COST OF $4,893,500, AUTHORIZING THE ISSUANCE OF SERIAL BONDS OF THE CITY OF POUGHKEEPSIE, DUTCHESS COUNTY, NEW YORK IN AN INCREASED AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $4,893,500 PURSUANT TO THE LOCAL FINANCE LAW TO FINANCE THE COST THEREOF, AND DELEGATING CERTAIN POWERS IN CONNECTION THEREWITH TO THE COMMISSIONER OF FINANCE Objects or purposes: The City previously adopted its Bond Resolution No. 25-71 dated October 7, 2025 (as supplemented, the “Bond Resolution”), authorizing the issuance of serial bonds in an aggregate principal amount not to exceed $3,500,000, regarding the Spratt Park Pool House renovation project including reconstruction and associated asbestos abatement work. The Spratt Park Pool House renovation project, including reconstruction and associated asbestos abatement work, is authorized at an increased estimated maximum cost of $4,893,500. SEQR: The aforesaid purpose constitutes a Type II action as defined under the State Environmental Quality Review Regulations, 6 NYCRR Part 617, which has been determined under SEQRA not to have a significant impact on the environment. Period of Probable Usefulness: Fifteen (15) years pursuant to subdivision 19(c) of paragraph a of Section 11.00 of the Local Finance Law. Maximum Amount of Obligations to be Issued: The City plans to finance the total cost of said purpose by the issuance of serial bonds of the City in an amount not to exceed $4,893,500, authorized to be issued therefor pursuant to the Local Finance Law. Delegation: The power to authorize bond anticipation notes in anticipation of the issuance of the serial bonds authorized by the resolution, determine the form and terms of said serial bonds, and take certain other actions is delegated to the Commissioner of Finance, as Chief Fiscal Officer. A complete copy of the bond resolution summarized above is available for public inspection during normal business hours at the office of the City Chamberlain, located at Municipal Building, 62 Civic Center Plaza, Poughkeepsie, New York. Dated: April 8, 2026 Poughkeepsie, New York 12247642