NOTICE OF REFUNDING $39,710,000 AD VALOREM PROPERTY TAX FIRST MORTGAGE BONDS, SERIES 2016A OF NORTH WEST HENDRICKS MULTI-SCHOOL BUILDING CORPORATION DATED FEBRUARY 23, 2016 July 15, 2026 $2,060,000 5.000% 66328RCA2 January 15, 2027 1,280,000 3.750 66328RCB0 July 15, 2027 1,665,000 4.000 66328RCC8 July 15, 2028 3,430,000 4.000 66328RCD6 July 15, 2029 3,315,000 4.000 66328RCE4 July 15, 2030 2,445,000 4.000 66328RCF1 July 15, 2030 1,000,000 3.000 66328RCL8 January 15, 2031 1,770,000 3.000 66328RCG9 U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association as Trustee (the "Trustee") under a Trust Indenture, dated as of June 1, 2008, as supplemented by a First Supplemental Indenture, dated as of October 1, 2008, a Second Supplemental Trust Indenture, dated as of February 1, 2016 and a Third Supplemental Trust Indenture, dated as of November 1, 2016 (as supplemented, the "Indenture"), which Indenture provided for the issuance of $39,710,000 North West Hendricks Multi-School Building Corporation Ad Valorem Property Tax First Mortgage Bonds, Series 2016A dated as of February 23, 2016 (the "Series 2016A Bonds"), hereby gives notice to the holders of the Series 2016A Bonds as follows: (i) There is on deposit with the Trustee under the Indenture, cash and direct, noncallable obligations of the United States of America which are sufficient to pay the principal of and interest on the Bonds when due and to call Bonds maturing on or after January 15, 2026 to be redeemed for redemption on December 2, 2025. (ii) On October 28, 2025, the Trustee, executed a partial release and discharge of the Indenture, solely as to the Series 2016A Bonds, in accordance with the provisions of Section 8.04 of the Indenture. Dated this 31st day of October, 2025. *The Undersigned shall not be held responsible for the selection or use of the CUSIP numbers in this Notice, nor is any representation made as to its correctness. It is included solely for the convenience of the Holders. U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee HSPAXLP November 5 2025 LSBN0400287