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TO: Honorable Town Board FROM: Megan Wnek, Director of Finance DATE: March 9, 2026 SUBJECT: Director of Finance re Bond Resolution for street improvements Requested Action: Kindly approve the following bond resolution regarding street improvements RESOLUTION: BOND RESOLUTION OF THE TOWN BOARD OF THE TOWN OF WEST SENECA, ERIE COUNTY, NEW YORK, AUTHORIZING A SIDEWALK IMPROVEMENT PROJECT; ESTIMATING THAT THE TOTAL COST THEREOF IS $2,157,137; APPROPRIATING SAID AMOUNT THEREFOR; AND AUTHORIZING THE ISSUANCE OF $2,157,137 IN SERIAL BONDS OF THE TOWN TO FINANCE SAID APPROPRIATION WHEREAS, the Town Board of the Town of West Seneca (the “Town”) proposes to authorize financing for a sidewalk improvement project, as described herein; and WHEREAS, such public improvements and purpose constitutes a “Type II” action under the New York State Environmental Quality Review Act and the regulations promulgated thereunder (6 NYCRR Part 617.5(c)) (collectively, “SEQRA”) and therefore no further action need be taken by the Town Board under SEQRA as a pre-condition to the adoption of this resolution. WHEREAS, the Town Board of the Town now wishes to appropriate funds for the Project and to authorize the issuance of the Town's serial bonds or bond anticipation notes and application of current funds to finance said appropriation. NOW, THEREFORE, THE TOWN BOARD OF THE TOWN OF WEST SENECA, ERIE COUNTY, NEW YORK HEREBY RESOLVES (by the affirmative vote of not less than two-thirds of all the members of such body), AS FOLLOWS: SECTION 1. The Town is hereby authorized to undertake and to issue up to $2,157,137 principal amount of serial bonds pursuant to Page 34 of 176