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FINANCIAL_SERVICESAPPROVED

Jamestown City School District Agenda Regular Meeting 2026-05-20

District Approves DASNY Pooled Bond Financing Agreement

Aggregate principal amount not to exceed $43,245,000Jamestown City School DistrictDORMITORY AUTHORITY OF THE STATE OF NEW YORKMay 20, 2026

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WithersRavenel logo
Derivita logo
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Description

Jamestown City School District approved entering into a Financing Agreement with the Dormitory Authority of the State of New York to issue up to $43,245,000 in School District Bonds for permanent financing of prior capital improvements. The bonds, dated on or about June 16, 2026, will refund the district’s 2025 bond anticipation note and cover issuance costs.

Contract Details

Contract Amount

Aggregate principal amount not to exceed $43,245,000

Vendor

DORMITORY AUTHORITY OF THE STATE OF NEW YORK

Agency

Jamestown City School District, NY

Contract Type

FINANCIAL_SERVICES

Document Date

May 20, 2026

Contract Term

Bonds dated on or about June 16, 2026; maturity schedule to be set in Notice of Terms

Renewal Info

Financing Agreement and related bond documents support one series of School District Bonds under DASNY’s pooled program; future refinancing or additional series would require separate Board action.

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