West Allegheny School District authorized issuing bonds for $11.675 million.

WEST ALLEGHENY SCHOOL DISTRICT
ENACTMENT NOTICE
UNDER LOCAL GOVERNMENT UNIT DEBT ACT
 
 Notice is hereby given that the Board of School Directors of West Allegheny School District, at a meeting held on February 18, 2026, adopted a Resolution titled and summarized as follows:
 
AUTHORIZING THE INCURRING OF NONELECTORAL DEBT BY THE ISSUANCE OF GENERAL OBLIGATION (LIMITED TAX) BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED ELEVEN MILLION SIX HUNDRED SEVENTY-FIVE THOUSAND DOLLARS ($11,675,000.00); COVENANTING TO PAY, AND PLEDGING ALL AVAILABLE TAXING POWER OF THE LOCAL GOVERNMENT UNIT FOR THE PAYMENT OF, THE BONDS; PROVIDING FOR THE ESTABLISHMENT OF A SINKING FUND AND APPOINTMENT OF 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 Resolution was not amended from its proposed form during final passage.
 The maximum interest rate on the Bonds, once issued, is 6.00%.
 The Bonds will be purchased by PNC Capital Markets LLC at a purchase price of not less than 95.00%, inclusive of net original issue discount/premium, if any, together with accrued interest to the date of delivery.
 The full text of the Resolution as adopted may be examined by any citizen Monday through Friday between the hours of 9:00 AM to 4:00 PM at the office of the Secretary of the Board of School Directors, West Allegheny School District, 110 Bruno Lane, Imperial, PA 15126.
 
WEST ALLEGHENY SCHOOL DISTRICT
Alyssa Athanas
Board Secretary
724/695-5213
02/25/2026