NOTICE OF DETERMINATION
Pursuant to Indiana Code § 6-1.1-20-5, notice is hereby given that the Board of Commissioners of the Indianapolis Public Schools has preliminarily determined to enter into a lease agreement and issue bonds in the aggregate principal amount of $121,205,000 to fund the remaining Rebuilding Stronger Projects, which include the construction of one new elementary school; construction of additions and renovations to multiple schools for classroom instruction and extracurricular activities; maintenance, athletics, and site improvements throughout the School Corporation; and the procurement of equipment and technology.
Dated: October 17, 2025
/s/ Secretary, Board of Commissioners
Indianapolis Public Schools
10/17, 10/24/2025 11741945 hspaxlp