New Elementary School

NORTHERN LEBANON SCHOOL DISTRICT

PUBLIC HEARING On the proposed new construction of a

NEW ELEMENTARY SCHOOL

at the

Northern Lebanon High School Auditorium 345 School Drive Fredericksburg, PA 17026

Wednesday, February 3, 2021 6:30 PM

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

TABLE OF CONTENTS

Page Number

1. AGENDA 2

2. INTRODUCTION 3

3. PROJECT NEED 4

4. SUMMARY OF DISTRICT OWNED BUILDINGS AND LAND 6

5. OPTIONS CONSIDERED 7

6. PROJECT DESCRIPTION 9

7. SITE PLAN & FLOOR PLANS 10

8. PROJECT ACCOUNTING BASED ON ESTIMATES 13 (PLANCON D-02 and D-03)

9. DETAILED COSTS 16 (PLANCON D-04)

10. ACT 34 MAXIMUM BUILDING CONSTRUCTION COST 17 (PLANCON D-20)

11. ANALYSIS OF FINANCING ALTERNATIVES & INDIRECT COSTS 18

12. BOARD RESOLUTION - MAXIMUM BUILDING CONSTRUCTION AND PROJECT COST 24

13. PUBLIC HEARING NOTICE 27

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

AGENDA

1. CALL TO ORDER / INTRODUCTION Dave Jones, II, Esquire By Stock & Leader, LLP Solicitor

2. PROJECT NEED Dr. Gary Messinger By Northern Lebanon School District Superintendent

3. PROJECT DESCRIPTION Scott Cousin By Crabtree, Rohrbaugh & Associates Principal, Senior Project Manager

4. FINANCIAL ANALYSIS Brad Remig By PFM Financial Advisors LLC Managing Director

5. PUBLIC COMMENT Dave Jones, II, Esquire By Stock & Leader, LLP Solicitor

Testimony and public comment will be received from the floor at the hearing and those who wish to deliver testimony or provide public comment are directed to observe the following procedure.

Procedure for Public Comment A. Pre-registered speakers / comments B. Please move to the aisle microphone and state your name and address before beginning with comments. C. Each person making a comment will be limited to a period of five (5) minutes per person.

6. ADJOURNMENT

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

INTRODUCTION

The Board of School Directors of the Northern Lebanon School District is providing this opportunity to inform the public as to the School Board’s consideration of a project to construct a new Elementary School, located at the east intersection of School Drive and Airport Road in Fredericksburg, Pennsylvania.

The project is in response to a district-wide review of physical facility and academic program needs for the Elementary school population.

This public hearing is being held in accordance with Act 34 of 1973 of the Commonwealth of Pennsylvania. The purpose is to have the District Administration, Architect and Financial Advisors present a proposal for the new construction.

The specific purposes for this hearing are as follows:

1. Establish the need for the project by reviewing events leading to the Board’s consideration to build a new elementary school. 2. Review the various options considered by the Board prior to the decision to proceed with the current project proposal. 3. Describe the construction elements proposed to meet the educational program that serves as the basis for the project under consideration. 4. Present the estimated construction cost, the total project cost, indirect costs and the financial needs and estimate of the local tax impact of the project. 5. Provide citizens and residents an opportunity to offer comments and written testimony concerning the project.

Please feel free to participate during the comment period at the latter part of the presentation. An official transcript of the hearing is being recorded in order for the Board to consider and study your constructive comments, insights and observations.

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PROJECT NEED

The Northern Lebanon School District (the “District” or “NLSD”) is a rural, public school district in Northern Lebanon County that was formed in 1956. It is comprised of six municipalities which are Swatara Township, Union Township, Cold Spring Township, Bethel Township, East Hanover Township, and Jonestown Borough. The District covers an area of 144 square miles. NLSD operates four elementary schools (East Hanover, Jonestown, Fredericksburg, and Lickdale), one middle school and one high school.

During long-term and strategic planning sessions, the NLSD School Board expressed their understanding that the learning environment plays an essential role in providing effective educational opportunities for all students. The Board also acknowledged the need to provide educational programming to students in the most cost-effective manner possible. The Board came to the conclusion that the current facilities needed to be studied to determine the safest, most financially responsible, and most flexible educational environment to meet the future needs of its students.

In the spring of 2020, the District hired Crabtree, Rohrbaugh & Associates (CRA) to complete a district-wide feasibility study of the district’s facilities. This study assisted the District with identifying options to address enrollments, both current and anticipated, and the physical conditions of all District buildings. A thorough analysis of existing facilities considered the physical conditions of the buildings, life cycle of core systems, heating, ventilation, plumbing and electrical systems, existing building codes, ADA requirements, safety issues, and overall facility improvements required to meet current construction standards. The analysis took into full consideration the demographic data, enrollment/enrollment projections, census figures, and capacity of facilities. As the feasibility study was conducted, CRA architects met with District administration and the NLSD School Board on numerous occasions to review current conditions, discuss options, review program requirements, and research and investigate building designs. Crabtree, Rohrbaugh & Associates developed several preliminary facility options and made recommendations to the NLSD Board of Directors and administration to assist in the decision-making process regarding the future utilization of the educational buildings.

Through the analysis of these recommendations, the NLSD School Board decided to undertake a new Northern Lebanon Elementary School building to replace four existing elementary schools, East Hanover, Fredericksburg, Jonestown, and Lickdale. The new school building will better address the safety and security of students and staff, educational programming, physical plant, and staffing at the current elementary school buildings. Once the building is complete, the District’s intent is to transition all grades K-6 students to the new building.

This consolidation of K-6 student population into one, new elementary school building, will provide better equity for staff and students, and reduce maintenance and general overhead costs. Educational programmatic deficiencies that exist in the current elementary school buildings include, but are not limited to, grade level team teaching and organization, state and federal mandates for special education and other programs, undersized spaces for curriculum specific classrooms for various subject matters and instructional technology will be addressed in the new school building. The proposed building will also address physical plant deficiencies existing in the current elementary buildings, including the sunken classrooms on the North side of Fredericksburg Elementary, as well as improvements/upgrades for energy efficiency, technology and equipment, ADA accessibility and building life safety code issues.

The NLSD works to provide a safe, caring, learning environment where students are expected to achieve and graduate ready to work, serve and succeed. The vision of the educational program for the NLSD is continually evolving to meet current and future educational needs. As with many school districts 4

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School throughout the Commonwealth, the NLSD’s educational facilities are antiquated and not designed for flexible learning and promoting collaborative opportunities. NLSD wishes to embrace a building design that will foster student collaboration and learning, as well as provide flexibility for future educational methodology changes and curriculum advancements.

In summary, the new Northern Lebanon Elementary School will provide the following:

✓ A source of pride in the Northern Lebanon Community where its residents are integrated into exploration and celebration of academics, athletics, and arts ✓ A student-centered environment where collaborative learning is fostered, nurtured, created, invented, and valued ✓ A safe, welcoming place that challenges the intellect, inspires learning, and rewards the spirit ✓ Implement a flexible building design for educational collaboration ✓ Provide a building layout that allows for safe and smooth student flow and improve supervision ✓ Address the Americans with Disabilities Act (ADA) safety and building codes ✓ Address the infrastructure deficiencies of the current elementary schools with new ✓ HVAC, plumbing, electrical and safety systems ✓ Meet the IDEA mandates for special education classrooms and support services ✓ Provide collaboration spaces for student projects and group-centered learning ✓ Enhance community use and access to the large group spaces, athletic facilities, and flexible meeting spaces ✓ Address student safety by improving bus & parent drop-off and pick-up during arrival and dismissal times ✓ Capitalize on current construction costs ✓ Capitalize on favorable borrowing rates

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

SUMMARY OF OWNED BUILDINGS AND LAND

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

OPTIONS CONSIDERED

The following options were studied as part of a District-Wide Facility Study update performed by Crabtree, Rohrbaugh & Associates in 2020.

Option 1A New ES Building (PK-5) with a District Administration Office (DAO) and Comprehensive Additions and Renovations to MS-HS (6-12).

This option explores consolidation of the 4 elementary schools to New PK-5 Elementary School with the DAO (on District owner land adjacent to the MS/HS campus) and provide comprehensive additions and renovations to MS- HS (6-12). The total estimated project cost range for this option is $80,453,942 - $87,479,599.

Option 1B New ES Building (PK-6) with DAO and Phased Comprehensive Renovations to MS-HS (7-12).

This option also explores consolidation of the 4 elementary schools to a New PK-6 Elementary school with the DAO (on District owner land adjacent to the MS/HS campus) and provide comprehensive additions and renovations to MS-HS (7-12). The total estimated project cost range for this option is $81,097,996 - $87,765,351.

Option 2 New ES Building (3-6) with DAO, Comprehensive Renovations to Jonestown ES (PK-2) and Comprehensive Renovations to MS-HS (7-12).

This option is a partial consolidation of East Hanover, Fredericksburg and Lickdale elementary schools, proposed construction of a new 3-6 grade elementary school and DAO (on District owner land adjacent to the MS/HS campus), provides comprehensive renovations to Jonestown elementary school and converts to a PK-2 elementary, and provides comprehensive additions and renovations to MS-HS (7-12). The total estimated project cost range for this option is $78,818,151 - $87,457,231.

Option 3 Comprehensive Renovations and/or Additions to all Existing District Buildings; Maintain Alignment; Relocate DAO to Jonestown ES

This option is analyzing status quo by maintaining all existing schools in their current grade configuration and provides comprehensive additions and renovations to ensure all schools are equitable, meet current construction standards and provides the desired educational program. The DAO is relocated to Jonestown elementary. The total estimated project cost range for this option is $77,104,412 - $85,414,173.

Option 1B was selected by the Board of School Directors. With the selection of Option 1B, the following positive outcomes are achieved.

• Maximizes operational and energy savings by consolidating 4 schools into one location. • Addresses equity in class size in elementary schools. • Provides for the most efficient use of elementary certified and special education and support teachers to meet the needs of the largest number of students. • Creates the greatest amount of operational savings. • Realigns K-6 to a traditional elementary structure. • Sixth grade student developmental needs, academic programing, testing, teacher certification, and scheduling can be better aligned with elementary. 7

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

• Eliminates concern for 6th grade separation in MS/HS building. • Displaced 6th grade program and DAO from existing MS/HS allows for expansion within the MS/HS. • Utilizes District-owned land for proposed new K-6 elementary school.

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PROJECT DESCRIPTION

New Elementary School: Construction of a new approximately 183,000 square foot, K-6 Elementary School with a PDE capacity of 1275 students and DAO. The building will house seven classrooms per grade level for grades 1st through 6th and 8 classrooms for kindergarten. The design incorporates an additional flex classroom to handle larger ‘bubble’ grade sizes. The classrooms will be constructed in three 2-story classroom wings with each grade being located on its own level.

Program Spaces include: General Classrooms for Pre-K and grades K-6, Collaboration Space, Special Education Classrooms, Art Classroom, Music and Band Classrooms, Small Group Instruction Rooms, STEM Classroom, Media Center, Gymnasium, School Administration Offices, DAO, Faculty Support, Cafeteria, and Kitchen (all spaces meet PA Department of Education guidelines).

Site: Site Size: 49.8 Acres Current Site Usage: Agricultural Available Utilities: Electric, Gas, Public Water, Public Sewer Total Proposed Parking Spaces – 284 Grass and Hard Surface Play Areas Separate Bus Drop-off (24 Buses) and Student Drop-off for increased safety Two Multipurpose Play Fields Two Ballfields Loading Dock and Receiving Area

Building Systems: LED Lighting, HVAC system, Plumbing, Fire Suppression System, Fire Alarm System, and Technology Systems (Telephone, Data, Security, Clock, Communications, Audio/Visual).

Building Codes: The building will be designed under the following codes: 2009 PA UCC, ADA, NFPA.

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PROPOSED SITE PLAN

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PROPOSED FIRST FLOOR PLAN

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PROPOSED SECOND FLOOR PLAN

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PLANCON D02 – PROJECT ACCOUNTING BASED ON ESTIMATES

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PLANCON D03 – PROJECT ACCOUNTING BASED ON ESTIMATES

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PLANCON D03 – ADDITIONAL PROJECT COSTS

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PLANCON D04 – DETAILED COSTS

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PLANCON D20 – MAXIMUM BUILDING CONSTRUCTION COSTS

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

ANALYSIS OF FINANCING ALTERNATIVES – DIRECT COST STUDY

NLSD has analyzed four (4) alternative methods of financing the proposed design, construction, furnishing, and equipping the New Northern Lebanon Elementary School (the "Project"). In addition, the District estimated the direct costs of financing as required by the Pennsylvania Department of Education regulations issued November 4, 1978.

ANALYSIS OF ALTERNATIVES

The four alternatives of financing that we examined are:

1. Cash or a short-term loan. 2. General obligation bond issue. 3. A local authority issue. 4. A financing through the State Public School Building Authority (SPSBA).

Analysis of the School District's financial statements for recent years, and of the financing projections prepared in connection with this Project, and discussions with the School District's Administration indicated that financing the entire project with cash is not feasible. The School District does not have the funds necessary to pay cash for its share of the Project, nor does it appear that the District would be able to raise the required amounts from its anticipated cash flow to meet the proposed construction schedule.

As a result, the three (3) remaining alternatives, requiring the School District to incur long-term debt, were analyzed in detail. For each alternative, an estimate of a bond issue size was prepared and the average annual debt service requirements were calculated. Based upon that information a repayment schedule was calculated, assuming equal annual payments over twenty 20 years at current interest rate levels for the General Obligation, Local Authority, and SPSBA Bond Issues. Financing costs for the local authority and SPSBA were slightly higher, which resulted in a larger bond issue and higher average annual payments. Bonds issued through either a local authority or the SPSBA would be classified as revenue bonds instead of general obligation bonds. Interest rates on revenue bonds are slightly higher than interest rates that would be received on general obligation bonds. This would result in higher annual debt service payments for the School District. The General Obligation alternative offers the School District the advantage of lower interest rates, more favorable refunding provisions and keeps more control with the local school board. Based on these analyses and past performance, the least costly alternative for financing the Project is the General Obligation Issue.

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

COMPARISON OF LONG-TERM FINANCING METHODS

GENERAL LOCAL ITEM OBLIGATION AUTHORITY* SPSBA

Construction & Related Costs $45,596,466 $45,596,466 $45,596,466 Contingency & Supervision 1,625,492 1,625,492 1,625,492 Costs of Issuance 591,969 611,500 601,000 Bond Insurance 156,374 167,000 164,000

Total Costs 47,970,301 48,000,458 47,986,958

Less: Interest Earned 47,015 50,458 49,958 Less: Original Issue Premium 948,286 950,000 947,000

BOND ISSUE 46,975,000 47,000,000 46,990,000

Average Annual Payment at 3.25%** for 20 years $3,197,382 $3,270,973 $3,270,276

* A Local Authority would have annual administrative expenses, which have not been included in these calculations.

** Local Authority and SPSBA Annual Payments are calculated assuming 3.50% as a result of higher interest costs associated with selling revenue bonds.

The School District is considering other ways to reduce the debt service and local effort needed to fund the Project.

1. The School District will consider the use of bond insurance on the future Bonds. The cost of such insurance may increase the size of the Bond Issues but reduce the interest rate the School District must pay on the Bonds, and result in lower debt service.

2. The School District will consider the use of a wrap around structure on the future Bonds in order to take advantage of a drop off in old debt service which will minimize the impact on tax millage.

3. For discussion purposes only, the following tables are provided: Table 1- Series of 2021 $20,000,000 Table 2 - Series of 2022 $26,975,000

STATE REIMBURSEMENT

The School District does not anticipate receiving reimbursement from the State on this project due to the PlanCon moratorium that is currently in place.

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

ESTIMATED INDIRECT COSTS/SAVINGS

As a result of the completion of this proposed Project, it is reasonable to assume that there will be additional indirect cost savings associated with services to be provided to accomplish long range objectives of the School District. It is reasonable to assume that annual savings will be approximately $(1,879,000).

School District officials have estimated the additional annual indirect cost savings associated with the Project to be as follows: Professional Personnel $(1,164,000) Support Personnel (690,000) Additional Fuel and Utilities (25,000)

Total $(1,879,000)

1 collected mill = $1,385,297

Assuming a collected mill currently provides $1,385,297, the indirect cost savings will have a millage equivalent of (1.35) mills annually.

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

Debt Service and Millage Impact

TOTAL MILLAGE EQUIVALENT

The total millage equivalent of the Project assuming wrap around payments is: $20,000,000 G.O. Bonds on Table 1 = 0.52 mills $26,975,000 G.O. Bonds on Table 2= 0.79 mills Total 1.31 mills

The millage equivalent from the estimated bond issue of 1.31 mills less the indirect cost savings of (1.35) mills equals a total millage equivalent of (0.04) mills.

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

NORTHERN LEBANON SCHOOL DISTRICT SERIES OF 2021 TOTAL ISSUE= $20,000,000 TABLE 1 Settled 2/25/2021 Dated 2/25/2021

1 2 3 4 5 6 7 8 9 10 11 Proposed Proposed Existing Total Semi-Annual Fiscal Year Less: Local Local Local Millage Date Principal Rate Interest Debt Service Debt Service State Aid Effort Effort Effort Equivalent 44256 9/1/2021 322,619.58 322,619.58 3/1/2022 312,212.50 312,212.50 634,832.08 634,832.08 1,227,551.73 1,862,383.81 0.46 9/1/2022 25,000 2.130 312,212.50 337,212.50 3/1/2023 311,946.25 311,946.25 649,158.75 649,158.75 1,225,832.58 1,874,991.33 0.01 9/1/2023 100,000 2.150 311,946.25 411,946.25 3/1/2024 310,871.25 310,871.25 722,817.50 722,817.50 1,230,414.92 1,953,232.42 0.05 9/1/2024 105,000 2.160 310,871.25 415,871.25 3/1/2025 309,737.25 309,737.25 725,608.50 725,608.50 1,246,985.68 1,972,594.18 9/1/2025 105,000 2.210 309,737.25 414,737.25 3/1/2026 308,577.00 308,577.00 723,314.25 723,314.25 1,250,791.34 1,974,105.59 9/1/2026 110,000 2.290 308,577.00 418,577.00 3/1/2027 307,317.50 307,317.50 725,894.50 725,894.50 1,248,249.84 1,974,144.34 9/1/2027 120,000 2.390 307,317.50 427,317.50 3/1/2028 305,883.50 305,883.50 733,201.00 733,201.00 1,246,455.86 1,979,656.86 9/1/2028 120,000 2.490 305,883.50 425,883.50 3/1/2029 304,389.50 304,389.50 730,273.00 730,273.00 1,248,393.62 1,978,666.62 9/1/2029 625,000 2.560 304,389.50 929,389.50 3/1/2030 296,389.50 296,389.50 1,225,779.00 1,225,779.00 1,225,779.00 9/1/2030 650,000 2.630 296,389.50 946,389.50 3/1/2031 287,842.00 287,842.00 1,234,231.50 1,234,231.50 1,234,231.50 9/1/2031 670,000 2.700 287,842.00 957,842.00 3/1/2032 278,797.00 278,797.00 1,236,639.00 1,236,639.00 1,236,639.00 9/1/2032 685,000 2.760 278,797.00 963,797.00 3/1/2033 269,344.00 269,344.00 1,233,141.00 1,233,141.00 1,233,141.00 9/1/2033 705,000 2.830 269,344.00 974,344.00 3/1/2034 259,368.25 259,368.25 1,233,712.25 1,233,712.25 1,233,712.25 9/1/2034 725,000 2.920 259,368.25 984,368.25 3/1/2035 248,783.25 248,783.25 1,233,151.50 1,233,151.50 1,233,151.50 9/1/2035 745,000 2.970 248,783.25 993,783.25 3/1/2036 237,720.00 237,720.00 1,231,503.25 1,231,503.25 1,231,503.25 9/1/2036 770,000 3.020 237,720.00 1,007,720.00 3/1/2037 226,093.00 226,093.00 1,233,813.00 1,233,813.00 1,233,813.00 9/1/2037 785,000 3.060 226,093.00 1,011,093.00 3/1/2038 214,082.50 214,082.50 1,225,175.50 1,225,175.50 1,225,175.50 9/1/2038 815,000 3.100 214,082.50 1,029,082.50 3/1/2039 201,450.00 201,450.00 1,230,532.50 1,230,532.50 1,230,532.50 9/1/2039 840,000 3.140 201,450.00 1,041,450.00 3/1/2040 188,262.00 188,262.00 1,229,712.00 1,229,712.00 1,229,712.00 9/1/2040 865,000 3.180 188,262.00 1,053,262.00 3/1/2041 174,508.50 174,508.50 1,227,770.50 1,227,770.50 1,227,770.50 9/1/2041 890,000 3.220 174,508.50 1,064,508.50 3/1/2042 160,179.50 160,179.50 1,224,688.00 1,224,688.00 1,224,688.00 9/1/2042 925,000 3.260 160,179.50 1,085,179.50 3/1/2043 145,102.00 145,102.00 1,230,281.50 1,230,281.50 1,230,281.50 9/1/2043 955,000 3.290 145,102.00 1,100,102.00 3/1/2044 129,392.25 129,392.25 1,229,494.25 1,229,494.25 1,229,494.25 9/1/2044 985,000 3.320 129,392.25 1,114,392.25 3/1/2045 113,041.25 113,041.25 1,227,433.50 1,227,433.50 1,227,433.50 9/1/2045 1,020,000 3.350 113,041.25 1,133,041.25 3/1/2046 95,956.25 95,956.25 1,228,997.50 1,228,997.50 1,228,997.50 9/1/2046 1,055,000 3.370 95,956.25 1,150,956.25 3/1/2047 78,179.50 78,179.50 1,229,135.75 1,229,135.75 1,229,135.75 9/1/2047 1,095,000 3.380 78,179.50 1,173,179.50 3/1/2048 59,674.00 59,674.00 1,232,853.50 1,232,853.50 1,232,853.50 9/1/2048 1,130,000 3.390 59,674.00 1,189,674.00 3/1/2049 40,520.50 40,520.50 1,230,194.50 1,230,194.50 1,230,194.50 9/1/2049 1,170,000 3.400 40,520.50 1,210,520.50 3/1/2050 20,630.50 20,630.50 1,231,151.00 1,231,151.00 1,231,151.00 9/1/2050 1,210,000 3.410 20,630.50 1,230,630.50 3/1/2051 0.00 0.00 1,230,630.50 1,230,630.50 1,230,630.50

TOTALS 20,000,000 12,715,120.58 32,715,120.58 32,715,120.58 0.00 32,715,120.58 9,924,675.57 42,639,796.16 0.52

PE%= 0.00% Estimated AR%= 63.43% 1 MILL= 1,385,297 Estimated

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

NORTHERN LEBANON SCHOOL DISTRICT SERIES OF 2022 TOTAL ISSUE=$26,975,000 TABLE 2 Settled 5/15/2022 Dated 5/15/2022

1 2 3 4 5 6 7 8 9 10 11 Proposed Proposed Existing Total Semi-Annual Fiscal Year Less: Local Local Local Millage Date Principal Rate Interest Debt Service Debt Service State Aid Effort Effort Effort Equivalent 44621 9/1/2022 313,604.39 313,604.39 3/1/2023 532,535.75 532,535.75 846,140.14 846,140.14 1,874,991.33 2,721,131.47 0.61 9/1/2023 50,000 3.090 532,535.75 582,535.75 3/1/2024 531,763.25 531,763.25 1,114,299.00 1,114,299.00 1,953,232.42 3,067,531.42 0.19 9/1/2024 35,000 3.100 531,763.25 566,763.25 3/1/2025 531,220.75 531,220.75 1,097,984.00 1,097,984.00 1,972,594.18 3,070,578.18 -0.01 9/1/2025 35,000 3.110 531,220.75 566,220.75 3/1/2026 530,676.50 530,676.50 1,096,897.25 1,096,897.25 1,974,105.59 3,071,002.84 9/1/2026 35,000 3.120 530,676.50 565,676.50 3/1/2027 530,130.50 530,130.50 1,095,807.00 1,095,807.00 1,974,144.34 3,069,951.34 9/1/2027 30,000 3.140 530,130.50 560,130.50 3/1/2028 529,659.50 529,659.50 1,089,790.00 1,089,790.00 1,979,656.86 3,069,446.86 9/1/2028 35,000 3.220 529,659.50 564,659.50 3/1/2029 529,096.00 529,096.00 1,093,755.50 1,093,755.50 1,978,666.62 3,072,422.12 9/1/2029 800,000 3.310 529,096.00 1,329,096.00 3/1/2030 515,856.00 515,856.00 1,844,952.00 1,844,952.00 1,225,779.00 3,070,731.00 9/1/2030 820,000 3.390 515,856.00 1,335,856.00 3/1/2031 501,957.00 501,957.00 1,837,813.00 1,837,813.00 1,234,231.50 3,072,044.50 9/1/2031 845,000 3.470 501,957.00 1,346,957.00 3/1/2032 487,296.25 487,296.25 1,834,253.25 1,834,253.25 1,236,639.00 3,070,892.25 9/1/2032 880,000 3.540 487,296.25 1,367,296.25 3/1/2033 471,720.25 471,720.25 1,839,016.50 1,839,016.50 1,233,141.00 3,072,157.50 9/1/2033 910,000 3.610 471,720.25 1,381,720.25 3/1/2034 455,294.75 455,294.75 1,837,015.00 1,837,015.00 1,233,712.25 3,070,727.25 9/1/2034 945,000 3.670 455,294.75 1,400,294.75 3/1/2035 437,954.00 437,954.00 1,838,248.75 1,838,248.75 1,233,151.50 3,071,400.25 9/1/2035 980,000 3.730 437,954.00 1,417,954.00 3/1/2036 419,677.00 419,677.00 1,837,631.00 1,837,631.00 1,231,503.25 3,069,134.25 9/1/2036 1,020,000 3.780 419,677.00 1,439,677.00 3/1/2037 400,399.00 400,399.00 1,840,076.00 1,840,076.00 1,233,813.00 3,073,889.00 9/1/2037 1,065,000 3.830 400,399.00 1,465,399.00 3/1/2038 380,004.25 380,004.25 1,845,403.25 1,845,403.25 1,225,175.50 3,070,578.75 9/1/2038 1,100,000 3.880 380,004.25 1,480,004.25 3/1/2039 358,664.25 358,664.25 1,838,668.50 1,838,668.50 1,230,532.50 3,069,201.00 9/1/2039 1,145,000 3.920 358,664.25 1,503,664.25 3/1/2040 336,222.25 336,222.25 1,839,886.50 1,839,886.50 1,229,712.00 3,069,598.50 9/1/2040 1,195,000 3.960 336,222.25 1,531,222.25 3/1/2041 312,561.25 312,561.25 1,843,783.50 1,843,783.50 1,227,770.50 3,071,554.00 9/1/2041 1,245,000 4.000 312,561.25 1,557,561.25 3/1/2042 287,661.25 287,661.25 1,845,222.50 1,845,222.50 1,224,688.00 3,069,910.50 9/1/2042 1,290,000 4.040 287,661.25 1,577,661.25 3/1/2043 261,603.25 261,603.25 1,839,264.50 1,839,264.50 1,230,281.50 3,069,546.00 9/1/2043 1,345,000 4.080 261,603.25 1,606,603.25 3/1/2044 234,165.25 234,165.25 1,840,768.50 1,840,768.50 1,229,494.25 3,070,262.75 9/1/2044 1,405,000 4.120 234,165.25 1,639,165.25 3/1/2045 205,222.25 205,222.25 1,844,387.50 1,844,387.50 1,227,433.50 3,071,821.00 9/1/2045 1,465,000 4.160 205,222.25 1,670,222.25 3/1/2046 174,750.25 174,750.25 1,844,972.50 1,844,972.50 1,228,997.50 3,073,970.00 9/1/2046 1,525,000 4.190 174,750.25 1,699,750.25 3/1/2047 142,801.50 142,801.50 1,842,551.75 1,842,551.75 1,229,135.75 3,071,687.50 9/1/2047 1,585,000 4.200 142,801.50 1,727,801.50 3/1/2048 109,516.50 109,516.50 1,837,318.00 1,837,318.00 1,232,853.50 3,070,171.50 9/1/2048 1,655,000 4.210 109,516.50 1,764,516.50 3/1/2049 74,678.75 74,678.75 1,839,195.25 1,839,195.25 1,230,194.50 3,069,389.75 9/1/2049 1,730,000 4.220 74,678.75 1,804,678.75 3/1/2050 38,175.75 38,175.75 1,842,854.50 1,842,854.50 1,231,151.00 3,074,005.50 9/1/2050 1,805,000 4.230 38,175.75 1,843,175.75 3/1/2051 0.00 0.00 1,843,175.75 1,843,175.75 1,230,630.50 3,073,806.25

TOTALS 26,975,000 20,956,130.89 47,931,130.89 47,931,130.89 0.00 47,931,130.89 40,777,412.35 88,708,543.23 0.79

PE%= 0.00% Estimated AR%= 63.43% 1 MILL= 1,385,297 Estimated

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

BOARD RESOLUTION MAXIMUM BUILDING and PROJECT COSTS

ADOPTING MAXIMUM PROJECT COSTS AND MAXIMUM BUILDING CONSTRUCTION COSTS FOR THE NEW CONSTRUCTION OF THE NORTHERN LEBANON ELEMENTARY SCHOOL, AND AUTHORIZING OTHER ACTION IN CONNECTION THEREWITH

WHEREAS, the Public School Code of 1949, as amended by Act 34, approved June 27, 1973 (the “Act”), requires, among other things, that a public hearing be held prior to the construction of new buildings, additions or the substantial renovation of existing buildings; and

WHEREAS, the Northern Lebanon School District (the “District”) has determined to undertake the construction of the new Northern Lebanon Elementary School referred to herein as the “Project”; and

WHEREAS, the Board of School Directors of the District proposes to adopt a maximum project cost and maximum building construction cost for the Project; and

WHEREAS, the Board of School Directors of the District intends to conduct a public hearing to inform the residents of the District with respect to the Project.

NOW, THEREFORE, BE IT RESOLVED THAT:

1. The Board of School Directors of the District hereby adopts a Maximum Project Cost of $47,970,301 and an Act 34 Maximum Building Construction Cost of $40,356,973 for the Project.

2. The Board of School Directors of the District hereby authorizes and directs a public hearing to be held in accordance with the requirements of Act 34 of the Pennsylvania School Code (the “Act”) on February 3, 2021, at 6:30 p.m. in the Northern Lebanon High School Auditorium, 345 School Drive, Fredericksburg, PA 17026 to provide information to the residents of the District with respect to the Project. The Secretary of the District is hereby authorized and directed to cause a notice of such public hearing to be published in the Newspaper, such publication to appear not later than January 14, 2021, not less than 20 days prior to the date of the public hearing stated above.

3. The Board of School Directors of the District hereby approves the description of the Project and related material which has been prepared in accordance with the requirements of the Act, and further authorizes the use and distribution thereof as required by the Act, including the availability thereof to the public not later than January 14, 2021.

4. The Board of School Directors of the District hereby authorizes and directs its (i) administrative staff; (ii) Bond Counsel – Stock & Leader, LLP; (iii) Solicitor – Stock & Leader, LLP; (iv) Architect – Crabtree, Rohrbaugh & Associates, and (v) Financial Advisor – PFM Financial Advisors LLC, to do and perform or cause to be done and performed on behalf of the District any and all acts and things as may be necessary in connection with the Project in order to carry out the purposes of the Act and this Resolution.

NorthernLebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon ElementarySchool CERTIFICATE

I, the undersigned, Secretary of the Northern Lebanon District, Lebanon County, Pennsylvania (the "District"), certify: that the foregoing is a true and correct copy of a Resolution which was duly adopted by affirmative vote of a majority of all members of the Board of School Directors of the District duly convened and held according to law on January 12, 2021, at which meeting a quorum was present; that said Resolution has been duly recorded in the Minutes of the Board of School Directors of the District; and that said Resolution is in full force and effect without amendment, alteration or repeal, as of the date of this Certificate.

I further certify that the Board of School Directors of the District met the advance notice requirements of the Sunshine Act, Act No. 1986-84 of the General Assembly of the Commonwealth of Pennsylvania, approved July 3, 1986, as amended, and supplemented by advertising said meeting and by posting prominently a notice of said meeting at the principal office of the District or at the public building in which said meeting was held, all in accordance with such Act.

IN WITNESS WHEREOF, I set my hand and affix the official seal of the Northern Lebanon School District, this 12th day of January 2021.

Pat Martin, Board Secretary

[SEAL]

26 Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

PUBLIC HEARING NOTICE

Please take notice that a public hearing will be held at Northern Lebanon High School Auditorium and online, 345 School Drive, Fredericksburg, PA 17026, on February 3, 2021 at 6:30 p.m. for the purpose of reviewing with the School Board and the public all relevant matters relating to the construction and equipping of the proposed New Construction of the new Northern Lebanon Elementary School, (the “Project”). The public hearing will be held remotely and will be available as follows:

The hearing will be available for viewing purposes only through the following YouTube link: https://youtu.be/wnuUiY-LEZ4.

To participate in or comment during the hearing, the hearing will be available via Zoom at: https://zoom.us/j/94078835612?pwd=eEJINm50UUh6SWIUeFNUZTdEUVQrQT09. The Passcode is “Viking”.

You may also participate or comment via telephone at any of the following numbers: 1-(301)715-8592 or 1-(312)626-6799 or 1-(646)558-8656 or 1-(346)248-7799 or 1-(669)-900-9128 or 1-(253)215-8782. The ID Code for the telephone is: 940 7883 5612.

A description of the Project, including facts relative to educational, physical, administrative, budgetary and fiscal matters of the Project, will be presented and will be available for consideration at this public hearing, and, no later than, January 14, 2021 a description booklet will be available during the business hours of 8:00 a.m. – 4:00 p.m., Monday through Friday, at the District Administration Offices, 345 School Drive, Fredericksburg, PA 17026. The Project description booklet will also be available for viewing on the District website at: https://www.norleb.org.

Maximum Building Construction Cost for New Construction Only $40,356,973 (Structure Cost, Design Fees, Movable Fixtures, Less Site Costs)

Other Project Costs $ 7,613,328 (Construction Related Costs, Site Costs, Financing, Contingency)

Total Project Cost $47,970,301

This public hearing is being held pursuant to the requirements of the PA Public School Code of 1949, approved March 10, 1949, as amended and supplemented, including amendments made pursuant to Act 34 of the session of 1973 of the General Assembly.

All residents are invited to attend. Anyone wishing to comment during the hearing, to submit written testimony or both, regarding the project should contact the secretary of the Board of School Directors at 717-865-2117, extension 2501, or email at [email protected] until 2:00 p.m. on February 2, 2021. Residents should include their name and address when requesting to speak during the hearing.

Testimony and public comment will be received from the floor at the hearing and those who wish to deliver testimony or provide public comment are directed to observe the following procedure.

Procedure for Public Comment A. Pre-registered speakers / comments

Northern Lebanon School District PUBLIC HEARING On the Proposed New Construction of New Northern Lebanon Elementary School

B. Please wait to be recognized by the Board via Zoom and state your name and address before beginning with comments. C. Each person making a comment will be limited to a period of five (5) minutes per person.

Written comments regarding the Project may also be submitted up to 30 days after the public hearing by mailing comments to Pat Martin, Board Secretary, 345 School Drive, Fredericksburg, PA 17026, or emailed to [email protected]. Comments submitted after the public hearing must be submitted no later than March 5, 2021.