STATE COLLEGE AREA SCHOOL DISTRICT ENACTMENT NOTICE UNDER LOCAL GOVERNMENT UNIT DEBT ACT Notice is hereby given that the Board of School Directors of the State College Area School District, at a meeting held on June 15, 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 SIXTY-NINE MILLION SIX HUNDRED TWENTY THOUSAND AND 00/100 DOLLARS ($69,620,000.00), AND ELECTORAL DEBT IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED FIFTY-FOUR MILLION SEVEN HUNDRED NINETY-FIVE THOUSAND AND 00/100 DOLLARS ($54.795,000.00) WITH MINIMUM SAVINGS ON THE ELECTORAL DEBT REFUNDING BONDS AS PROVIDED IN SECTION 11.01, COVENANTING TO PAY, AND PLEDGING ALL AVAILABLE TAXING POWER FOR THE PAYMENT OF, THE BONDS; ESTABLISHING A SINKING FUND AND APPOINTING A SINKING FUND DEPOSITORY; FIXING THE FORMS, 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. The interest rates on the Bonds will not exceed 6.00%. Bonds will be purchased at not less than 95% of the par amount, (which includes original issue premium and/or discount) by BofA Securities, Inc. The full text of the Resolution as adopted may be examined by any citizen on the District's website at: www.scasd.org, or in person at the Panorama Village Administration Building during regular school business hours. Randy Brown Financial and Operations Officer (814) 231-1021 IPL0350312 Jun 18 2026