NOTICE OF PROPOSAL TO LEASE CITY-OWNED PROPERTY NOTICE IS HEREBY GIVEN that the City Council of the City of Des Moines, Iowa, shall consider leasing a portion of city-owned property located north of and adjoining 2200 Maury Street, subject to any and all easements, restrictions and covenants of record, and further subject to all terms contained in the Lease Agreement: A PORTION OF LOT 1, LAKE SHORE PLACE, AND A PORTION OF SCOTT STREET ADJOINING LOTS 1 AND 48, BLOCK 4, AND LOTS 1 AND 48, BLOCK 5, JACKS PLAT, ALL OFFICIAL PLATS, ALL NOW FORMING A PART OF THE CITY OF DES MOINES, POLK COUNTY, IOWA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGININNING AT THE SW CORNER THE SOUTHWEST QUARTER (SW1/4) OF SECTION 1, TOWNSHIP 78 NORTH, RANGE 24 WEST OF THE 5TH P.M.; THENCE NORTH 00°(DEGREES) 08' (MINUTES) 00" (SECONDS) WEST, 349.94 FEET ON THE WEST LINE OF SAID LOT 1; THENCE NORTH 73°27'31" EAST, 26.38 FEET; THENCE SOUTHEASTERLY ON A 2936.00 FOOT RADIUS CURVE TO THE RIGHT, 227.40 FEET (LONG CHORD BEARS SOUTH 78°38'32" EAST, 227.34); THENCE SOUTH 69°30'24" EAST, 119.70 FEET; THENCE SOUTHEASTERLY ON A 2924.00 FOOT RADIUS CURVE TO THE RIGHT, 89.78 FEET (LONG CHORD BEARS SOUTH 73°12'53" EAST, 89.78 FEET); THENCE SOUTHEASTERLY ON A 80.00 FOOT RADIUS CURVE TO THE RIGHT, 109.84 FEET (LONG CHORD BEARS SOUTH 33°00'02" EAST, 101.42 FEET); THENCE SOUTHERLY ON A 585.00 FEET RADIUS CURVE TO THE LEFT, 171.67 FEET (LONG CHROD BEARS SOUTH 02°04'23" EAST, 171.06 FEET); THENCE SOUTH 10°28'47" EAST, 14.30 FEET TO THE SOUTH RIGHT OF WAY LINE OF SCOTT STREET; THENCE SOUTH 89°27'04" WEST, 510.98 FEET ON SAID SOUTH RIGHT OF WAY LINE; THENCE NORTH 00°16'06" WEST, 30.11 FEET TO THE POINT OF BEGINNING, CONTAINING: (165,258 SQUARE FEET) 3.79 ACRES, MORE OR LESS. NOTICE IS FURTHER GIVEN, that the City Council of the City of Des Moines, Iowa, has adopted a resolution setting a hearing relating to a proposal to lease such City-owned property to Kemin Holdings, L.C. for a ten-year lease with a one-time rent payment of $100.00, and additional consideration. NOTICE IS FURTHER GIVEN that the City Council will consider the approval of the proposed lease after a public hearing to be held at 5:00 p.m., in the City Council Chamber, City Hall, 400 Robert D. Ray Drive, Des Moines, Iowa, on November 3, 2025. Persons interested in the proposal will be given the opportunity to express their views at that hearing. PUBLISHED IN THE DES MOINES REGISTER ON October 22,2025. October 22 2025 LIOW0386891