NOTICE OF INTENT TO ISSUE A LIMITED GENERAL OBLIGATION BOND AND CONDUCT A PUBLIC HEARING

| May 31, 2011 1:00 PM

NOTICE IS HEREBY GIVEN that the Board of Directors of Warden

School District No. 146-161, Grant and Adams Counties, Washington

intends to issue a non-voted limited general obligation bond and

will hold a public hearing on June 9, 2011in the Library of Warden

High School, for the purpose of hearing comments from the public on

the proposed issuance of the Bond.

NOTICE IS HEREBY GIVEN that the Board of Directors (the “Board”) of Warden School District No. 146-161, Grant and Adams Counties, Washington (the “District”) intends to issue a non-voted limited general obligation bond (the “Bond”) and will hold a public hearing on June 9, 2011, starting at 7:00 PM, or as soon thereafter as possible, in the Library of Warden High School, 101 W. Beck Way, Warden, Washington, for the purpose of hearing comments from the public on the proposed issuance of the Bond. The proposed Bond will be issued as a limited general obligation bond under RCW 28A.530.080; will be in the principal amount of not to exceed $500,000; will be dated its date of delivery to the purchaser thereof; will be issued only in fully registered form; will bear interest at the rate(s) to be determined based on market conditions; will mature within two (2) years of the date of issue; will be subject to prepayment prior to maturity of the Bond; will be issued and sold in such manner, at such time as will be required for the purpose for which the Bond is to be issued; and will include other related terms and conditions, all as deemed necessary and advisable by the Board. The exact date, form, terms, price, interest rate(s), maturity date, purchaser and repayment schedule of the Bond will be hereafter fixed by resolution of the Board. The proceeds of the Bond will be used to pay costs of expanding and renovating the cafeteria-kitchen facility and renovating the Warden High School gymnasium. The principal of and interest on the Bond will be paid from money from the District’s Capital Projects Fund (including, but not limited to, tax proceeds received from the District’s Capital Levy to Expand and Renovate School Facilities approved by the voters on November 3, 2009) and General Fund, and from other legally available money of the District. Any person wishing to be heard for or against the proposed issuance of the Bond should appear at the public hearing and present their views. Alternatively, or in addition, such interested persons may submit their views for or against the proposed issuance of the Bond in writing and deliver them to: Sandra Sheldon, Secretary to the Board, 101 W. Beck Way, Warden, Washington 98857-9401, on or before the date of the public hearing.

WARDEN SCHOOL DISTRICT NO. 146-161

GRANT AND ADAMS COUNTIES, WASHINGTON

/s/ Sandra Sheldon

Secretary to the Board of Directors

#05043/1678962

Pub.: May 24 & 31, 2011