Franklin Regional School District adopted a resolution for issuing $12 million in bonds.
Official Courthouse Record · AI-summarized for clarity
- Published
- Category
- Ordinance
- City
- Murrysville
What You Should Do Next
- 1
Review the Resolution
Examine the full text of the Resolution at the Administrative Offices during business hours.
- 2
Contact Bond Counsel
Email Anthony Ditka at anthony.ditka@dinsmore.com for an electronic copy of the Resolution.
- 3
Attend School Board Meetings
Stay informed by attending future meetings of the Franklin Regional School District Board.
Frequently Asked Questions
- What is the purpose of the bonds issued by Franklin Regional School District?
- The bonds are for incurring non-electoral debt to fund school district projects.
- Where can I view the full text of the adopted resolution?
- The full text can be examined at the Administrative Offices during business hours.
- Who can I contact for more information about the bonds?
- You can contact Anthony Ditka, the School District's Bond Counsel, via email.
The above suggestions and answers are AI-generated for informational purposes only. They may contain errors. NoticeRegistry assumes no responsibility for their accuracy. Consult a qualified professional before taking action.
Full Notice Text
FRANKLIN REGIONAL SCHOOL DISTRICTENACTMENT NOTICE UNDERLOCAL GOVERNMENT UNIT DEBT ACTNotice is hereby given that the Board of School Directors of Franklin Regional 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 BONDS, SERIES OF 2026 IN THE AGGREGATE PRINCIPAL AMOUNT NOT-TO-EXCEED TWELVE MILLION DOLLARS ($12,000,000.00); 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, REDEMPTION 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 5.50%.The Bonds will be purchased by Stifel, Nicolaus & Company, Incorporated, and 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 between the hours of 8:30 a.m. to 3:00 p.m. on regular school business days at the Administrative Offices, Franklin Regional School District, 3170 School Road, Murrysville, Pennsylvania. Citizens may also request an electronic copy of the adopted Resolution by contacting the School Districts Bond Counsel, Anthony Ditka, Esquire (anthony.ditka@dinsmore.com).FRANKLIN REGIONAL SCHOOL DISTRICTDonna WolfBoard Secretary724-327-2782403040 (2/24/26)