School district authorized to issue $22 million in general obligation bonds.

PENN CAMBRIA SCHOOL DISTRICT
ENACTMENT NOTICE UNDER
LOCAL GOVERNMENT UNIT DEBT ACT

Notice is hereby given that the Board of School Directors of Penn Cambria School District, at a meeting held on February 17, 2026, adopted a Resolution titled and summarized as follows:

AUTHORIZING THE INCURRING OF NONELECTORAL DEBT BY THE ISSUANCE OF GENERAL OBLIGATION BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED TWENTY-TWO MILLION DOLLARS ($22,000,000.00); 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 THE 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%.

Pending an assignment of the Purchase Proposal to a registered broker-dealer or bank identified through a competitive bidding process, the Bonds were offered for purchase to PFM Financial Advisors, LLC at a purchase price of not less than 95%, inclusive of net original issue discount, 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 between the hours of 8:00 a.m. to 4:00 p.m. on regular school business days at the Administrative Office, Penn Cambria School District, 201 6th Street, Cresson, PA 16630.

PENN CAMBRIA SCHOOL DISTRICT
(814) 886-8121