A RESOLUTION AUTHORIZING THE ISSUANCE OF $2,829,079 SERIAL BONDS OF THE COUNTY OF DUTCHESS, NEW YORK, TO PAY THE COST OF BATHROOM IMPROVEMENTS AT COUNTY BUILDINGS AT 22 AND 60 MARKET STREET, IN POUGHKEEPSIE, NEW YORK IN AND FOR SAID COUNTY

PUBLIC WORKS & CAPITAL PROJECTS DISCUSSION ONLY 11/6/2025 RESOLUTION NO. 2025195 BOND RESOLUTION DATED DECEMBER 8, 2025. A RESOLUTION AUTHORIZING THE ISSUANCE OF $2,829,079 SERIAL BONDS OF THE COUNTY OF DUTCHESS, NEW YORK, TO PAY THE COST OF BATHROOM IMPROVEMENTS AT COUNTY BUILDINGS AT 22 AND 60 MARKET STREET, IN POUGHKEEPSIE, NEW YORK IN AND FOR SAID COUNTY WHEREAS, the capital project hereinafter described, as proposed, has been determined to be a Type II Action pursuant to the regulations of the New York State Department of Environmental Conservation promulgated pursuant to the State Environmental Quality Review Act, which it has been determined will not have any significant adverse impact on the environment; and WHEREAS, it is now desired to authorize the financing of such capital project; NOW, THEREFORE BE IT RESOLVED, by the affirmative vote of not less than two-thirds of the total voting strength of the County Legislature of the County of Dutchess, New York, as follows: Section 1. Bathroom improvements to conform with Americans with Disabilities Act requirements at County buildings at 22 and 60 Market Street, in Poughkeepsie, New York, in and for the County of Dutchess, New York, including original furnishings, equipment, machinery, apparatus, appurtenances, and incidental improvements and expenses in connection therewith, is hereby authorized at a maximum estimated cost of $2,829,079. Section 2. It is hereby determined that the maximum estimated cost of the aforesaid class of objects or purposes is $2,829,079, and that the plan for the financing thereof shall be by the issuance of $2,829,079 serial bonds of said County hereby authorized to be issued pursuant to the provisions of the Local Finance Law. Section 3. It is hereby determined that the period of probable usefulness of the aforesaid class of objects or purposes is twenty-five years, pursuant to subdivision 12(a)(1) of paragraph a of Section 11.00 of the Local Finance Law. Section 4. The faith and credit of said County of Dutchess, New York, are hereby irrevocable pledged for the payment of the principal of and interest on such bonds as the same respectively become due and payable. An annual appropriation shall be made in each year sufficient to pay the principal of and interest on such bonds becoming due and payable in such year. To the extent not paid from other sources, there shall annually be levied on all the taxable real property of said County, a tax sufficient to pay the principal of and interest on such bonds as the same become due and payable. Section 5. Subject to the provisions of the Local Finance Law, the power to authorize the issuance of and to sell bond anticipation notes in anticipation of the issuance and sale of the bonds herein authorized, including renewals of such notes, is hereby delegated to the Commissioner of Finance, the chief fiscal officer. Such notes shall be of such terms, form and contents, and shall be sold in such manner, as may be prescribed by said Commissioner of Finance, consistent with the provisions of the Local Finance Law. Section 6. The powers and duties of advertising such bonds for sale, conducting the sale and awarding the bonds, are hereby delegated to the Commissioner of Finance, who shall advertise such bonds for sale, conduct the sale, and award the bonds in such manner as she shall deem best for the interests of the County; provided, however, that in the exercise of these delegated powers, she shall comply fully with the provisions of the Local Finance Law and any order or rule of the State Comptroller applicable to the sale of municipal bonds. The receipt of the Commissioner of Finance shall be a full acquittance to the purchaser of such bonds, who shall not be obliged to see to the application of the purchase money. Section 7. Such bonds shall be in fully registered form and shall be signed in the name of the County of Dutchess, New York, by the manual or facsimile signature of the Commissioner of Finance and a facsimile of its corporate seal shall be imprinted or impressed thereon and may be attested by the manual or facsimile signature of the County Clerk. Section 8. All other matters, except as provided herein relating to such bonds including determining whether to issue such bonds having substantially level or declining annual debt service and all matters related thereto, prescribing whether manual or facsimile signatures shall appear on said bonds, prescribing the method for the recording of ownership of said bonds, appointing the fiscal agent or agents for said bonds, providing for the printing and delivery of said bonds (and if said bonds are to be executed in the name of the County by the facsimile signature of the Commissioner of Finance, providing for the manual countersignature of a fiscal agent or of a designated official of the County), the date, denominations, maturities and interest payment dates, place or places of payment, and also including the consolidation with other issues, shall be determined by the Commissioner of Finance. It is hereby determined that it is to the financial advantage of the County not to impose and collect from registered owners of such serial bonds any charges for mailing, shipping and insuring bonds transferred or exchanged by the fiscal agent, and, accordingly, pursuant to paragraph c of Section 70.00 of the Local Finance Law, no such charges shall be so collected by the fiscal agent. Such bonds shall contain substantially the recital of validity clause provided for in section 52.00 of the Local Finance Law and shall otherwise be in such form and contain such recitals in addition to those required by section 52.00 of the Local Finance Law, as the Commissioner of Finance shall determine. Section 9. This resolution shall constitute a statement of official intent for purposes of Treasury Regulations Section 1.150-2. Other than as specified in this resolution, no monies are, or are reasonably expected to be, reserved, allocated on a long-term basis, or otherwise set aside with respect to the permanent funding of the object or purpose described herein. Section 10. The validity of such bonds and bond anticipation notes may be contested only if: Such obligations are authorized for an object or purpose for which said County is not authorized to expend money, or The provisions of law which should be complied with at the date of publication of this resolution are not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty days after the date of such publication, or 3) Such obligations are authorized in violation of the provisions of the Constitution. Section 11. This resolution, which takes effect immediately, shall be published in full in The Poughkeepsie Journal and The Southern Dutchess News, the official newspapers of said County, together with a notice of the Clerk of the County Legislature in substantially the form provided in Section 81.00 of the Local Finance Law. CA-142-25 G-0145-B CEB/mar/rjw 10/23/2025 Fiscal Impact: See Attached. CERTIFICATION FORM STATE OF NEW YORK ) SS.: COUNTY OF DUTCHESS I, the undersigned Clerk of the County Legislature of the County of Dutchess, New York (the "Issuer"), DO HEREBY CERTIFY: That I have compared the annexed extract of the minutes of the meeting of the County Legislature of said County, including the resolution contained therein, held on December 8, 2025, with the original thereof on file in my office, and that the same is a true and correct transcript therefrom and of the whole of said original so far as the same relates to the subject matters therein referred to. I FURTHER CERTIFY that said County Legislature consists of 25 members; that the vote on the foregoing resolution was 24 ayes and 0 noes, with 1 members being absent or abstaining from voting. I FURTHER CERTIFY that the foregoing resolution as adopted by said County Legislature was duly approved by the County Executive of said County on December 10, 2025, in accordance with the provisions of Section 3.03 of the Dutchess County Charter. I FURTHER certify that all members of said Legislature had due notice of said meeting, and that, pursuant to Section 103 of the Public Officers Law (Open Meetings Law), said meeting was open to the general public, and that I duly caused a public notice of the time and place of said meeting to be given to the following newspapers and/or other news media as follows: Newspaper and/or other news media Date given Southern Dutchess News Poughkeepsie Journal December 5, 2025 December 5, 2025 and that I further duly caused public notice of the time and place of said meeting to be conspicuously posted in the following designated public location(s) on the following dates: Designated Location(s) of Posted Notice Date of Posting County Office Building 22 Market Street, 6' Floor Poughkeepsie, New York, 12601 December 5, 2025 IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the County Legislature this 9 day of December, 2025. Nama Philip Deputy Clerk, County Legislature APPROVED sul Deriva SUSAN J. SERINO COUNTY EXECUTIVE Dare deC. 10,2025 Year 2025 ADA Bathroom Renovations 22 and 60 Market Street PRIN O/S PRIN PAYMENT $2,829,079 2,715,916 2,602,753 2,489,590 2,376,426 2,263,263 2,150,100 2,036,937 1,923,774 1,810,611 1,697,447 1,584,284 1,471,121 1,357,958 1,244,795 1,131,632 1,018,468 905,305 792,142 678,979 565,816 452,653 339,489 226,326 113,163 TOTAL AVG. PER YEAR $113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 113,163 $2,829,079 $113,163 FISCAL IMPACT STATEMENT INTEREST $121,085 116,241 111,398 106,554 101,711 96,868 92,024 87,181 82,338 77,494 72,651 67,807 62,964 58,121 53,277 48,434 43,590 38,747 33,904 29,060 24,217 19,374 14,530 9,687 4,843 $1,574,100 $62,964 TOTAL PRINCIPAL $2,829,079 ANTICIPATED INTEREST RATE (1) TERM 25 YEARS ANTICIPATED FEES: ANTICIPATED ANNUAL COST (PRIN + INT): TOTAL PAYBACK (ANNUAL COST × TERMS): PREPARED BY HEIDI SEELBACH "Rate is subject to change based upon a) maket conditions at time of debt issuance and b) term of financin hich is dependent upon the structuring of all debt issued when this project is ultimately finance TOTAL $234,248 229,404 224,561 219,718 214,874 210,031 205,187 200,344 195,501 190,657 185,814 180,971 176,127 171,284 166,440 161,597 156,754 151,910 147,067 142,223 137,380 132,537 127,693 122,850 118,007 $4,403,179 $176,127 4.28% $28,011 $176,127 $4,403,179 H0669 - Restroom Improvements at 22 & 60 Market Street APPROPRIATIONS Increase H0669.1620.4401.105 H0669.1620.3150 H0669.1620.3900 Consultant Mgmt professional services Buildings-Reconstruction Bond Issuing costs REVENUES Increase H0669. 1620.57100 Serial Bonds Note: Contingencies were split as follows: 20% to consultant costs, 80% to construction $300,000 $2,501,068 $28.011 S2.829,079 $2,829.079 $2.829.079 SUE SERINO COUNTY EXECUTIVE ROBERT H. BALKIND, PE. COMMISSIONER DAVID C. WHALEN DEPUTY COMMISSIONER DUTCHESS COUNTY GOVERNMENT DEPARTMENT OF PUBLIC WORKS MEMORANDUM TO: Gregg Pulver, Assistant County Executive FROM: Robert H. Balkind, P.E., Commissioner DATE: October 3, 2025 RE: RESOLUTION REQUEST - CAPITAL PROJECTS RESOLUTION REQUEST RESTROOM IMPROVEMENTS AT 22 & 60 MARKET STREET, POUGHKEEPSIE, NY In June 2022 the Legislature authorized the Department of Public Works to spend up to $3.5M for various building improvements (Resolution No. 2022104) Within the adopted resolution was a specific project identified as: $350,000 for the design, planning and hazardous materials remediation related to the proposed Americans with Disabilities Act ("ADA") restroom renovations at the County Office Building, located at 22 Market Street in the City of Poughkeepsie, and the Department of Community and Family Services (CFS) building, located at 60 Market Street in the City of Poughkeepsie. The architect completed their work, and the Department issued bid solicitation RFB-DCB-13-25 in August 2025. Bids were opened on September 17, 2025, and the combined total of the low bids for the various trades was $2.301M. Additional costs will include construction management and contingencies for $500,000. Therefore, the total construction cost is approximately $2.8M. The detailed construction cost breakdown is: Low Bids - construction $2,301,068 (four prime contracts) Construction management $ 250,000 Contingency $ 250,000 Construction phase cost $2,801,068 The Department is seeking $2,801,068 for construction phase costs to award construction contracts. If funding is approved the Department will issue a solicitation for a construction management firm, and the Department will seek a recommendation from the Legislature's Architect, Engineer and Construction Manager Selection Committee before an award is made. If funding is approved, the work will commence in late 2025 or early 2026 in phases, with the project completed in late 2027 or early 2028. Please contact this office with any questions. cc: Mary F. Aldrich, MA, CPFO, Director of Fiscal Services, DPW attch. 626 Dutchess Turnpike, Poughkeepsie, New York 12603 | (845) 486-2085 | www.dutchessny.gov 2025195 A RESOLUTION AUTHORIZING THE ISSUANCE OF $2,829,079 SERIAL BONDS OF THE COUNTY OF DUTCHESS, NEW YORK, TO PAY THE COST OF BATHROOM IMPROVEMENTS AT COUNTY BUILDINGS AT 22 AND 60 MARKET STREET, IN POUGHKEEPSIE, NEW YORK IN AND FOR SAID COUNTY was offered for discussion only at the November 6, 2025, Public Works and Capital Projects Committee Meeting, and considered at the December 8, 2025, Board Meeting. Roll call vote on the foregoing resolution at that time resulted as follows: AYES: 24 Atkins, Brendli, Caswell, D'Aquanni, Drago, Faust, Garito, Gorman, House, Houston, Kaul, Kearney, Lawler, McHoul, Metzger, Munn, Page, Paoloni, Polasek, Rolison, Travelpiece, Truitt, Valdés Smith, and Versaci NAYS: ABSENT: 1 Johnson Resolution adopted. Public Works and Capital Projects Roll Call District Name District 7 - Hyde Park and Pleasant Valley | Truitt* District 25 - Amenia, Washington, Pleasant Valley & Millbrook Houston* District 3 - LaGrange Polasek* District 16 - Fishkill and Beacon Valdés Smith* District 9 - City of Poughkeepsie Atkins* District 1 - Town of Poughkeepsie Gorman District 10 - City of Poughkeepsie Johnson (VC) District 12 - East Fishkill Metzger (C) District 13 - East Fishkill and Wappinger Paoloni District 15 - Wappinger Faust District 20 - Red Hook, Tivoli, and Rhinebeck Munn District 23 - Pawling, Beekman and East Fishkill Rolison Present: Absent: Vacant: Resolution: Motion: Total: Abstentions: Yes No Abrunt 1L Yes No 025195 A RESOLUTION AUTHORIZING THE ISSUANCE OF $2,829,079 SERIAL BONDS OF THE COUNTY OF DUTCHESS, NEW YORK, TO PAY THE COST OF BATHROOM IMPROVEMENTS AT COUNTY BUILDINGS AT 22 AND 60 MARKET STREET, IN POUGHKEEPSIE, NEW YORK IN AND FOR SAID COUNTY DECEMBER 4, 2025 Roll Call Sheets District Present: Absent: Vacant: District 7 - Hyde Park and Pleasant Valley District 25 - Amenia, Washington, Pleasant Valley & Millbrook District 3 - LaGrange District 16 - Fishkill and Beacon District 9 - City of Poughkeepsie District 1 - Town of Poughkeepsie District 2 - LaGrange, Pleasant Valley & Town of Poughkeepsie District 4 - Hyde Park and Town of Poughkeepsie District 5 - Town of Poughkeepsie District 6 - Town of Poughkeepsie District 8 - City and Town of Poughkeepsie District 10 - City of Poughkeepsie District 11 - Clinton, Pleasant Valley, and Rhinebeck District 12 - East Fishkill District 13 - East Fishkill and Wappinger District 14 - Wappinger and Town of Poughkeepsie District 15 - Wappinger District 17 - Town and Village of Fishkill District 18 - City of Beacon and Fishkill District 19 - North East, Stanford, Pine Plains, Milan & Red Hook District 20 - Red Hook, Tivoli, and Rhinebeck District 21 - East Fishkill District 22 - Beekman and Union Vale District 23 - Pawling, Beekman and East Fishkill 24 District 24 - Dover and Pawling Resolution: _ Motion: Last Name | Truitt Houston Polasek Valdés Smith Atkins Gorman Travelpiece Lawler D'Aquanni Kaul Brendli Johnson Kearney Metzger Paoloni Versaci Faust McHoul Page Drago Munn Caswell Garito Rolison House YES abseut Total : 24 Yes Abstentions: 0 NO No )25195 A RESOLUTION AUTHORIZING THE ISSUANCE OF $2,829,079 SERIAL BONDS OF THE COUNTY OF DUTCHESS, NEW YORK, TO PAY THE COST OF BATHROOM IMPROVEMENTS AT COUNTY BUILDINGS AT 22 AND 60 MARKET STREET, IN POUGHKEEPSIE, NEW YORK IN AND FOR SAID COUNTY DECEMBER 8, 2025