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<br />SCHEDULES Schedules attached for the Bonds include the sources and uses of funds, a pricing <br />summary, and projected net debt service schedule for the Bonds, based on the current <br />ATTACHED: <br />interest rate environment. <br /> <br />RISKS/SPECIAL The outcome of this financing will rely on the market conditions at the time of the sale. <br />CONSIDERATIONS: Any projections included herein are estimates based on current market conditions. <br />The Bonds have been structured assuming premium pricing based on current market <br />conditions; however, actual market conditions are likely to be different. As a result, the <br />principal amount of the Bonds could be higher or lower than what is presented herein. The <br />principal amount will be adjusted on the day of pricing to stay within the constraints <br />discussed above in the Structuring Summary. <br /> <br />Additionally, the bond structure has assumed a certain level of sales tax revenues, if <br />revenues are less than projections, the City may be required to levy taxes for any shortfall. <br />SALE TERMS AND Variability of Issue Size: A specific provision in the sale terms permits modifications to <br />MARKETING: the issue size and/or maturity structure to customize the issue once the price and interest <br />rates are set on the day of sale. <br />Prepayment Provisions: Bonds maturing on or after December 1, 2029 may be prepaid <br />at a price of par plus accrued interest on or after December 1, 2028. <br />Bank Qualification: The City is issuing more than $10 million in tax-exempt obligations in <br />2019; therefore, the Bonds are not designated as bank qualified. <br />SUPPLEMENTAL Supplementary information will be available to staff including detailed terms and <br />conditions of sale, comprehensive structuring schedules and information to assist in <br />INFORMATION AND <br />meeting post-issuance compliance responsibilities. <br />BOND RECORD: <br /> <br />Upon completion of the financing, a bond record will be provided that contains pertinent <br />documents and final debt service calculations for the transaction <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and wholly-owned subsidiary of Baker Tilly Virchow Krause, LLP, an accounting <br />firm. Baker Tilly Virchow Krause, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of <br />which are separate and independent legal entities. © 2019 Baker Tilly Municipal Advisors, LLC. <br /> Page 4 <br /> <br />