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SCHEDULES <br />ATTACHED: <br />SALE TERMS AND <br />MARKETING: <br />Schedules attached for the Bonds include the sources and uses of funds and debt service schedules for <br />the Bonds as a whole and by purpose. . <br />Variability of Issue Size: A specific provision in the sale terms permits modifications to the issue size <br />and/or maturity structure to customize the issue once the price and interest rates are set on the day of <br />sale. <br />Prepayment Provisions: Bonds maturing on or after February 1, 2024 may be prepaid at a price of par <br />plus accrued interest on or after February 1, 2023. <br />Bank Qualification: The City does not expect to issue more than $10 million in tax-exempt obligations that <br />count against the $10 million limit for 2015; therefore, the Bonds are designated as bank qualified. <br />Good Faith Deposit: The lowest bidder will be required to provide a good faith deposit within a specified <br />time after receipt of proposals. The good faith deposit will be deducted from the purchase price <br />otherwise due at the time of closing. In the event the lowest bidder fails to comply with the accepted bid <br />proposal, the Issuer will retain the good faith deposit. <br />RISKS/SPECIAL The outcome of this financing will rely on the market conditions at the time of the sale. Any projections <br />CONSIDERATIONS: included herein are estimates based on current market conditions. <br />5pringsted <br />Page 4 <br />