A RESOLUTION AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $489,749 BONDS OF THE COUNTY OF DUTCHESS, NEW YORK, TO PAY A PORTION OF THE COST OF THE CULVERT REPLACEMENT ON COUNTY ROUTE 49 (TITUSVILLE ROAD), IN AND FOR SAID COUNTY

PUBLIC WORKS RESOLUTION NO. 2026098 A RESOLUTION AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $489,749 BONDS OF THE COUNTY OF DUTCHESS, NEW YORK, TO PAY A PORTION OF THE COST OF THE CULVERT REPLACEMENT ON COUNTY ROUTE 49 (TITUSVILLE ROAD), IN AND FOR SAID COUNTY. Legislators VALDÉS SMITH, ATKINS, MUNN, POLASEK, ALEXANDER, BRENDLI, CASWELL and HOUSE offer the following and move its immediate adoption: 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, by Resolution No. 2023226, a bond resolution dated December 18, 2023, duly adopted on said date, the County Legislature of the County of Dutchess, New York, authorized the issuance of $1,166,651 bonds of said County to pay a part of the cost of the culvert replacement of County Route 49 (Titusville Road) over Wappinger Creek Tributary, including incidental improvements and expenses in connection therewith, in and for said County, at a maximum estimated cost of $2,666,651 with $1,500,000 grants-in-aid monies, and WHEREAS, it has now been determined that the maximum estimated cost of such specific object or purpose is $3,156,400, an increase of $489,749 over the $2,666,651 previously authorized; and WHEREAS, it is now desired to authorize the issuance of an additional $489,749 bonds of said County for such specific object or purpose; 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. The culvert replacement of County Route 49 (Titusville Road) over Wappinger Creek Tributary, in and for the County of Dutchess, New York, including incidental improvements and expenses in connection therewith, in and for said County of Dutchess, New York, is hereby authorized at a revised maximum estimated cost of $3,156,400. Section 2. It is hereby determined that the plan for the financing of said specific object or purpose is as follows: a. by the issuance of the $1,166,651 bonds of said County authorized to be issued pursuant to a bond resolution dated and duly adopted December 18, 2023 as described in the preambles hereof; b. by the expenditure of $1,500,000 State grants-in-aid monies as authorized in the bond resolution dated and duly adopted December 18, 2023, as described in the preambles hereof; and c. by the issuance of an additional $489,749 bonds of said County hereby authorized to be issued therefore pursuant to the provisions of the Local Finance Law. Section 3. It is hereby determined that the period of probable usefulness of the aforesaid specific object or purpose is 20 years, pursuant to subdivision 10 of paragraph a of Section 11.00 of the Local Finance Law, calculated from the date of issuance of the first serial bonds/bond anticipation notes for said specific object or purpose. Section 4. The faith and credit of said County of Dutchess, New York, are hereby irrevocably 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. 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 serial -2- 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. 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 7. 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 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 -3- 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: 1) Such obligations are authorized for an object or purpose for which said County is not authorized to expend money, or 2) 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 -4- 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-061-26 G-0145-B CEB/rjw 5/13/26 Fiscal Impact: See Attached APPROVED Susan Serio SUSAN J. SERINO COUNTY EXECUTIVE Dato July 24, 2006 STATE OF VEW YORK ss. COUNTY OF DUTCHESS This is to certift that I, the undersigned Clerk of the Legislature of the Count of Dutchess, hate compared the foregoing Resolution with the original Resolution noir on file in the office of said Clerk, and which was adopted br said Legislature on the 13th day of July 2026, and the same a true and correct transcript of said original Resolution and the whole thereo: IN WITNESS ITHEREOF, I hare hereunto set mr hand and seal of said Legislature this 14th dar of Jult 2026. JULIE SHIROISHI, CLERK OF THE LEGISLATURE -5- The foregoing resolution was duly put to a vote which resulted as follows: AYES: NOES: ABSENT: The resolution was thereupon declared duly adopted. * * *… * -6- 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 June 8, 2026, 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 _________ ayes and _________ noes, with _________ 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 _________________, 2026, in accordance with the provisions of Section 3.02 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 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 IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the County Legislature this June ____, 2026. ______________________________________ Clerk, County Legislature (CORPORATE SEAL) -2- LEGAL NOTICE The following entitled bond resolution, a summary of which is published herewith, has been adopted on June 8, 2026, and the validity of the obligations authorized by such resolution may be hereafter contested only if such obligations were authorized for an object or purpose for which the County of Dutchess, New York, is not authorized to expend money, or if the provisions of law which should have been complied with as of the date of publication of this notice were not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the Constitution. A complete copy of the resolution summarized herewith is each available for public inspection during regular business hours at the Office of the Clerk of the Legislature for a period of twenty days from the date of publication of this Notice. Dated: Poughkeepsie, New York, June 8, 2026 /s/Julie Shiroishi Clerk, County Legislature RESOLUTION NO. 2026098 A RESOLUTION AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $489,749 BONDS OF THE COUNTY OF DUTCHESS, NEW YORK, TO PAY A PORTION OF THE COST OF THE CULVERT REPLACEMENT ON COUNTY ROUTE 49 (TITUSVILLE ROAD), IN AND FOR SAID COUNTY. Specific object or purpose: Culvert replacement on County Route 49 (Titusville Road) over Wappinger Creek Tributary (Town of LaGrange) Period of probable usefulness: 20 years Revised maximum estimated cost: $3,156,400 Previously authorized: $1,166,651 bonds (12/18/25 bond resolution) Other monies: $1,500,000 State grants-in-aid Additional amount of obligations to be issued: $489,749 bonds SEQRA Status: Type II Action -3- COORDINATION Initialing indicates information only: County Executive Cas County Attorney (as to form) PIcs Public Works SD CtS Finance Do un Comptroller Budget H0629 - BridgeNY CR 49 Culvert Replacement PIN 8763.21 APPROPRIATIONS Increase H0629.5120.3450 H0629.5120.3900 Bridges -Reconstruction Bond Issuing Costs REVENUES Increase H0629.5120.57100 Serial Bonds $484,900 $4,849 $489,749 $489,749 $489,749 Year 1 2 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 2026 - Culvert Replacement CR 49 cost estimate increase PRIN O/S $489,749 465,262 440,774 416,287 391,799 367,312 342,824 318,337 293,849 269,362 244,875 220,387 195,900 171,412 146,925 122,437 97,950 73,462 48,975 24,487 PRIN PAYMENT INTEREST $24,487 $20,423 24,487 19,401 24,487 18,380 24,487 17,359 24,487 16,338 24,487 15,317 24,487 14,296 24,487 13,275 24,487 12,254 24,487 11,232 24,487 10,211 24,487 9,190 24,487 8,169 24,487 7,148 24,487 6,127 24,487 5,106 24,487 4,085 24,487 3,063 24,487 24,487 2,042 1,021 $489,749 $24,487 $214,437 $10,722 TOTAL $44,910 43,889 42,868 41,847 40,825 39,804 38,783 37,762 36,741 35,720 34,699 33,678 32,656 31,635 30,614 29,593 28,572 27,551 26,530 25,509 $704,186 $35,209 TOTAL AVG. PER YEAR FISCAL IMPACT STATEMENT TOTAL PRINCIPAL $489,749 ANTICIPATED INTEREST RATE (1) TERM 20 YEARS ANTICIPATED FEES: ANTICIPATED ANNUAL COST (PRIN + INT): TOTAL PAYBACK (ANNUAL COST × TERMS): PREPARED BY SHANNON DECKER ' Rate is subject to change based upon a) maket conditions at time of debl issuance and b) term of financing which is dependent upon the structuring of all debt issued when this project is ultimately financed. 4.17% $4,849 $35,209 $704,186 SUE SERINO COUNTY EXECUTIVE ROBERT H. BALKIND, P.E. 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: May 1, 2026 RE: RESOLUTION REQUEST - CAPITAL PROJECT H0629 AMENDMENT PIN 8763.21 CULVERT L-20 REPLACEMENT, TITUSVILLE ROAD (CR 49) TOWN OF LAGRANGE The Department is requesting an amendment to capital project H0629 to increase the appropriations to cover additional project expenses. Capital project H0629 was established via resolution no. 2023226 adopted in December 2023. Resolution no. 2023226 identified the project as a SEQR Type I project, with no adverse environmental impacts. This resolution also authorized project costs at $2,655, 100, with New York State grants (BridgeNY program) totaling $1,500,000. This resulted in a net-to-county project cost of $1,155, 100. A consultant was hired for $300,000 and began working on project design and permitting in 2024. Upon completion of preliminary design in late 2025, the consultant advised that the construction cost estimate was $2,640,000, and construction inspection was estimated at $396,000. With the design consultant's fees factored in, the new estimated project cost was $3,336,000. This exceeded the total project funding authorized via resolution no. 2023226 by $680,900. In an effort to reduce project costs, the Department worked with the consultant to re-design the project. The resulting effort yielded a new project cost of $3,140,000, which includes an increased design fee of $380,000, a reduced construction cost estimate of $2,400,000 and a reduced construction inspection estimate of $360,000. This revised design reduces the overall cost of the project by approximately $220,000 from the original design. The Department is seeking authorization to increase the project's appropriations by $484,900 to fully fund the culvert replacement project. Since New York State grant funding is capped at $1,500,000, the additional $484,900 would be an additional net-to-County expense. New York State requires that the County commit to fully fund the project in order for them to continue to provide the grant funding. Please let me know if you have any questions. cc: Mary F. Aldrich, MA, CPFO, DPW Director of Fiscal Services 626 Dutchess Turnpike, Poughkeepsie, New York 12603 | (845) 486-2085 | www.dutchessny.gov Public Works and Capital Projects Roll Call District Name Yes No District 16 - Fishkill and Beacon Valdés Smith* X District 9 - City of Poughkeepsie Atkins* X District 20 - Red Hook, Tivoli, and Rhinebeck Munn* X District 3 - LaGrange Polasek* X District 12 - East Fishkill Metzger* X District 6 - Town of Poughkeepsie Kaul X District 8 - City and Town of Poughkeepsie Brendli (C) X District 10 - City of Poughkeepsie Johnson ABSENT District 14 - Wappinger and Town of Poughkeepsie Winsby X District 18 - City of Beacon and Fishkill Rhodes (VC) X District 22 - Beekman and Union Vale Tresca X District 24 - Dover and Pawling House X 11 Present: ____ 1 Absent: ____ Vacant: ____ Resolution: ____ Motion: ____ 11 1 Total : ______ ______ Yes No Abstentions: _____ 2026098 AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $489,749 BONDS OF THE COUNTY OF DUTCHESS, NEW YORK, TO PAY A PORTION OF THE COST OF THE CULVERT REPLACEMENT ON COUNTY ROUTE 49 (TITUSVILLE ROAD), IN AND FOR SAID COUNTY Roll Call Sheets District Last Name YES NO District 16 - Fishkill and Beacon Valdés Smith District 9 - City of Poughkeepsie Atkins District 20 - Red Hook, Tivoli, and Rhinebeck Munn District 3 - LaGrange Polasek District 12 - East Fishkill Metzger District 1 - Town of Poughkeepsie Redl District 2 - LaGrange, Pleasant Valley & Town of Poughkeepsie Arnoff District 4 - Hyde Park and Town of Poughkeepsie Lawler District 5 - Town of Poughkeepsie Shah District 6 - Town of Poughkeepsie Kaul District 7 - Hyde Park and Pleasant Valley Darrow District 8 - City and Town of Poughkeepsie Brendli District 10 - City of Poughkeepsie Johnson District 11 - Clinton, Pleasant Valley, and Rhinebeck Kearney District 13 - East Fishkill and Wappinger Giles District 14 - Wappinger and Town of Poughkeepsie Winsby District 15 - Wappinger Faust District 17 - Town and Village of Fishkill McHoul District 18 - City of Beacon and Fishkill Rhodes District 19 - North East, Stanford, Pine Plains, Milan & Red Hook Drago District 21 - East Fishkill Caswell District 22 - Beekman and Union Vale Tresca District 23 - Pawling, Beekman and East Fishkill Rolison District 24 - Dover and Pawling House District 25 - Amenia, Washington, Pleasant Valley & Millbrook Alexander X X X X X X X X X X X X X X X X X X X X X X X X X 25 Present: ____ Absent: ____ Vacant: ____ Resolution: ____ Motion: ____ 25 Total : ______ ______ Yes No Abstentions: ____ CONSENT AGENDA: RESOLUTIONS 096, 097, 098, 103, 108, 109, 110, 111, 114, 115, 117, 120, 121 OF THE YEAR 2026