NOTICE TO TAXPAYERS REGARDING A DETERMINATION OF THE METROPOLITAN SCHOOL DISTRICT OF WARREN TOWNSHIP, MARION COUNTY, INDIANA, TO ENTER INTO A PROPOSED SIXTH AMENDMENT TO MASTER LEASE OF FACILITIES OPERATED BY THE SCHOOL CORPORATION The taxpayers of the Metropolitan School District of Warren Township, Marion County, Indiana (the "School Corporation"), are hereby notified that on July 15, 2026, the Board of Education of the School Corporation (the "Board"), did adopt a resolution determining that the School Corporation will take all actions necessary to enter into a sixth amendment to an existing master lease (the "Sixth Amendment to Master Lease"), between the M.S.D. of Warren Township Vision 2005 School Building Corporation (the "Building Corporation"), as lessor, and the School Corporation, as lessee, which in turn will allow the Building Corporation to issue (a) one or more series of first mortgage bonds to pay for all or any portion of the 2026-2028 Secondary Schools Facility Improvement and Long-Term Maintenance and Equipping Project, as defined in the resolution adopted by the Board on July 16, 2025 (the "2026-2028 Secondary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds"), and (b) one or more series of first mortgage bonds to pay for all or any portion of the 2026-2028 High School and Elementary Schools Facility Improvement and Long-Term Maintenance and Equipping Project, as defined in the resolution adopted by the Board on March 9, 2026 (the "2026-2028 High School and Elementary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds") (the 2026-2028 Secondary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds and the 2026-2028 High School and Elementary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds, collectively, the "2026-2028 Secondary Schools/High School and Elementary Schools Bonds"). Each of the 2026-2028 Secondary Schools/High School and Elementary Schools Bonds will be payable from the lease rentals received from the School Corporation pursuant to the terms of the proposed Sixth Amendment to Master Lease. The 2026-2028 Secondary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds may be issued in one or more series or issues in an original aggregate principal amount estimated not to exceed Seventy-Five Million Dollars ($75,000,000), for the purpose of procuring funds to pay for all or a portion of the costs of the 2026-2028 Secondary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds together with interest on the 2026-2028 Secondary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds and the costs of issuance of the 2026-2028 Secondary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds. The 2026-2028 High School and Elementary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds may be issued in one or more series or issues in an original aggregate principal amount estimated not to exceed Forty Million Dollars ($40,000,000), for the purpose of procuring funds to pay for all or a portion of the costs of the 2026-2028 High School and Elementary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds together with interest on the 2026-2028 High School and Elementary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds and the costs of issuance of the 2026-2028 High School and Elementary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds. The proposed master lease, as amended by the Sixth Amendment to Master Lease (collectively, the "Master Lease"), will have an increased term not to exceed twenty-two (22) calendar years (which is six (6) years longer than current final term of the Master Lease, assuming the Sixth Amendment to Master Lease is recorded no later than December 31, 2026) and for an increased annual lease rental not to exceed Eleven Million Dollars ($11,000,000) with respect to the 2026-2028 Secondary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds during this period of time and not to exceed Ten Millin Dollars ($10,000,000) with respect to the 2026-2028 High School and Elementary Schools Facility Improvement and Long-Term Maintenance and Equipping Project Bonds, all of which annual lease rentals will be payable in semiannual installments commencing no earlier than June 30, 2027, and thereafter on June 30 and December 31 of each year during the remaining term of the Master Lease. Dated this 17th day of July, 2026. METROPOLITAN SCHOOL DISTRICT OF WARREN TOWNSHIP, MARION COUNTY, INDIANA By: Dr. Timothy Hanson, Superintendent July 17, 24 2026 LSBN0552553