Holley Central School District

What Voters Will See at the Polls

Proposition

The wording that appears below is what voters will see on the ballot on Tuesday, December 13, 2022. Please take the time to review this information so that the language is familiar when you get to the polls on December 13, 2022.

PROPOSITION NO. 1

CAPITAL IMPROVEMENTS PROJECT, 2022

Shall the following resolution be adopted, to-wit:

RESOLVED, that (a) the Board of Education (the “Board”) of the Holley Central School District, Orleans and Monroe Counties, New York (the “District”) is hereby authorized to undertake a proposed Capital Improvements Project, 2022 (the “Project”) consisting of the partial reconstruction and renovation of, and the construction of improvements and upgrades to various District buildings and facilities and the sites thereof, to implement various health, safety, accessibility and Code compliance measures and various other measures that are included and generally described in (but are not to be limited by) the Project Plan that was referred to in the public notice of the vote on this Proposition, and to expend therefor an amount not to exceed $18,100,000; (b) the Board is hereby authorized to partially finance the Project by utilizing $4,000,000 from the District’s Capital Improvements Reserve Fund, 2022; (c) a tax is hereby voted in an amount not to exceed $14,100,000 to finance the balance of the estimated maximum cost of the Project, such tax to be levied and collected in installments in such years and in such amounts as shall be determined by the Board; (d) in anticipation of such tax, obligations of the District are hereby authorized to be issued in the aggregate principal amount of not to exceed $14,100,000, and a tax is hereby voted to pay the interest on such obligations as the same shall become due and payable; and (e) New York State Building Aid funds expected to be received by the District in connection with the Project are anticipated to offset a substantial part of such costs, and such funds, to the extent received, shall be applied to offset and reduce the amount of taxes herein authorized to be levied.