District Approves DASNY Pooled Bond Financing Agreement
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Description
Jamestown City School District authorized a financing agreement with the Dormitory Authority of the State of New York for up to $43,245,000 in School District Bonds to permanently finance prior capital project debt. The bonds, dated on or about June 16, 2026, will be sold to DASNY under a pooled financing program with state building aid support.
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 12, 2026
Contract Term
Bonds dated on or about June 16, 2026; maturity schedule to be set in Notice of Terms
Renewal Info
Single issuance of School District Bonds under DASNY’s pooled financing program; no explicit renewal options noted. Future refundings, if any, would require separate authorization.
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