NOTICE TO TAXPAYERS REGARDING A DECISION OF THE SOUTH BEND REDEVELOPMENT COMMISSION TO ENTER INTO A PROPOSED LEASE WITH THE SOUTH BEND REDEVELOPMENT AUTHORITY RELATING TO CERTAIN LOCAL PUBLIC IMPROVEMENT PROJECTS The taxpayers of the South Bend Redevelopment District (the “District”) are hereby notified that on June 25, 2026, the South Bend Redevelopment Commission (the “Commission”), the governing body of the District, did adopt a resolution (the “Resolution”) determining that the Commission will take all actions necessary to enter into a lease (the “Lease”) with the South Bend Redevelopment Authority (the “Authority”), which in turn will allow the Authority to issue lease rental revenue bonds (the “Bonds”), payable from the lease rentals received from the Commission pursuant to the terms of the Lease. The Bonds shall be issued in one (1) or more series or issues, in an aggregate issued amount estimated not to exceed Thirty-Three Million Dollars ($33,000,000), for the purpose of financing local public improvement projects in the River West Development Area in the City of South Bend, Indiana (the “City”), including all or any portion of the following: (i) Coal Line Trail Phase III which consists of the extension of the existing Coal Line Trail from Lincoln Way West to the Martin Luther King Jr. Dream Center, and any related improvements; (ii) College Street streetscape improvements in connection with Phase III of the Coal Line Trail, and any related improvements; (iii) infrastructure improvements consisting of roads, storm water, sewer, and water utility infrastructure improvements along or adjacent to Old Cleveland Road, and any related improvements; (iv) the acquisition, construction, renovation and equipping of a new Rum Village Neighborhood Center, and any related improvements; (v) acquisition of land in the near west side of the City for a new neighborhood park, and any related improvements; (vi) infrastructure improvements to support the redevelopment of the former Drewry’s property and improvements to the adjacent Muessel Grove Park, and any related improvements; (vii) acquisition, construction and equipping of a new parking garage structure attached to the Morris Performing Arts Center, and any related improvements; and (viii) all projects related to any of the projects described in clauses (i) through and including (vii), each as more fully described in the Resolution. The proposed Lease will have a term ending not longer than nineteen (19) years from the date of acquisition of the leased premises set forth in the Lease, with an annual lease rental not to exceed Five Million Dollars ($5,000,000) payable in semiannual installments. This Notice is being provided pursuant to I.C. §6-1.1-20-5. Dated this 26th day of June, 2026. SOUTH BEND REDEVELOPMENT COMMISSION HSPAXLP 6/26, 7/3/2026