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The following resolution was offered by and seconded by to wit: A BOND RESOLUTION, DATED JULY 20, 2026, OF THE VILLAGE BOARD OF TRUSTEES OF THE VILLAGE OF EAST AURORA, ERIE COUNTY, NEW YORK (THE “VILLAGE”), AUTHORIZING A WATER SYSTEM CAPITAL IMPROVEMENTS PROJECT, AT AN ESTIMATED MAXIMUM COST OF $18,717,000 AND AUTHORIZING THE ISSUANCE OF SERIAL BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $18,717,000 PURSUANT TO THE LOCAL FINANCE LAW TO FINANCE SUCH PURPOSE, SUCH AMOUNT TO BE OFFSET BY ANY FEDERAL, STATE, COUNTY AND/OR LOCAL FUNDS RECEIVED, AND DELEGATING THE POWER TO ISSUE BOND ANTICIPATION NOTES IN ANTICIPATION OF THE SALE OF SUCH BONDS TO THE VILLAGE TREASURER. WHEREAS, the Village Board of Trustees of the Village of East Aurora, in the County of Erie, New York (the “Village”) desires to undertake a capital improvements project for the reconstruction of and construction of improvements to the Village Water System; and NOW THEREFORE, BE IT RESOLVED, by the Village Board of Trustees (by the favorable vote of not less than two-thirds of all the members of the Board of Trustees) as follows: SECTION 1. The Village is hereby authorized to undertake a certain water system capital improvements project, such work to generally consist of (but not be limited to) the installation of approximately 37,000 linear feet of ductile iron water main, the installation of hydrants and gate valves, the transfer of water services to the new water main, rehabilitation of the existing water storage tanks located on Center Street and Castle Hill Road, and the replacement of the existing booster pump station with a new hydropneumatic system on Elmwood Avenue, as well as various other improvements as more fully identified in (or contemplated by) an engineering report prepared by Barton & Loguidice, D.P.C., including all preliminary work and necessary equipment, materials, and related site work and any preliminary costs and other improvements and costs incidental thereto and in connection with the financing thereof (collectively, the “Purpose”). The estimated maximum cost of the Purpose is $18,717,000. SECTION 2. The Village Board of Trustees plans to finance the estimated maximum cost of the Purpose by the issuance of serial bonds of the Village in an aggregate principal amount not to exceed $18,717,000, hereby authorized to be issued therefor pursuant to the Local Finance Law, such amount to be offset by any federal, state, county and/or local funds received. Unless paid from other sources or charges, the cost of such improvements is to be paid by the levy and collection of taxes on all the taxable real property in the Village to pay the principal of said bonds and the interest thereon as the same shall become due and payable.