NOTICE NOTICE IS GIVEN that the Board of School Directors of Palmerton Area School District, in Carbon County, Pennsylvania (the "School District"), proposes to adopt, at a public meeting to be held not less than three (3) nor more than thirty (30) days following the date of publication of this notice, a resolution (the "Resolution"), the caption and summary of such being as follows: "RESOLUTION INCURRING NONELECTORAL DEBT TO BE EVIDENCED BY ONE OR MORE SERIES OF GENERAL OBLIGATION BONDS IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF $18,000,000 FOR THE ACQUISITION, DESIGN, CONSTRUCTION, FURNISHING AND EQUIPPING OF RENOVATIONS AND IMPROVEMENTS TO THE SCHOOL DISTRICT'S HIGH SCHOOL FACILITIES, AND TO PAY COSTS OF ISSUANCE OF THE BONDS; ACCEPTING A BOND PURCHASE AGREEMENT; SETTING FORTH THE PARAMETERS, SUBSTANTIAL FORM OF AND CONDITIONS FOR ISSUING THE BONDS; PLEDGING THE SCHOOL DISTRICT'S FULL FAITH, CREDIT AND TAXING POWER TO SECURE THE BONDS; APPOINTING A PAYING AGENT AND A SINKING FUND DEPOSITORY; CREATING A SINKING FUND FOR THE BONDS; CREATING A CONSTRUCTION FUND; AND AUTHORIZING RELATED ACTIONS AND DOCUMENTS." The proposed Resolution is available for public inspection at the School District's Administration Offices, located at 680 Fourth Street, Palmerton, Pennsylvania, on any open business day of the School District, between 8:00 a.m. and 4:00 p.m. The proposed Resolution may contain blanks, as permitted by the Pennsylvania Local Government Unit Debt Act (the "Debt Act"). Such blanks will be completed by amending the Resolution prior to its final adoption. A notice following the final adoption of the Resolution, including a description of any amendments, will be advertised in accordance with the Debt Act. PALMERTON AREA SCHOOL DISTRICT, Carbon County, Pennsylvania May 13