NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF GRANGER, STATE OF IOWA, ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LOAN AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $4,000,000 GENERAL OBLIGATION CAPITAL LOAN NOTES OF THE CITY (FOR ESSENTIAL CORP

NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF GRANGER, STATE OF IOWA, ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LOAN AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $4,000,000 GENERAL OBLIGATION CAPITAL LOAN NOTES OF THE CITY (FOR ESSENTIAL CORPORATE PURPOSES), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Granger, State of Iowa, will hold a public hearing on the 10th day of June, 2026, at 7:00 P.M., in the Granger Community Center, 2200 Walnut Street, Granger, Iowa, 50109, at which meeting the Council proposes to take additional action for the authorization of a Loan Agreement and the issuance of not to exceed $4,000,000 General Obligation Capital Loan Notes, for essential corporate purposes, to provide funds to pay the costs of opening, widening, extending, grading and drainage of the right-of-way of streets, sidewalks, trails, highways, avenues, alleys, and public grounds; the construction, reconstruction, and repairing of any street, sidewalk, bridges, culverts, retaining walls, underpasses and approaches thereto and streetscape improvements, with related signage, utility, traffic control devices, street lighting fixtures, and the acquisition of real estate for such purposes; and the acquisition construction, reconstruction, extension, improvement and equipping of works and facilities useful for (i) the collection, treatment, and disposal of sewage, (ii) the collection and disposal of surface waters and streams, and (iii) waterworks, water mains, and extensions useful for providing potable water. Principal and interest on the proposed Loan Agreement will be payable from the Debt Service Fund. The annual increase in property taxes as the result of the issuance on a residential property with an actual value of one hundred thousand dollars is estimated not to exceed $94.75. This estimate only considers the impact on property taxes of financing authority established by this hearing for the above-described project(s). The notes may be issued in one or more series over a number of years. Finance authority established by this hearing may be combined with additional finance authority, causing the estimate for the annual increase in property taxes for the entire issuance to be greater than the estimate stated herein. Changes in other levies may cause the actual annual increase in property taxes to vary. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the Council will at the meeting or at any adjournment thereof, take additional action for the authorization of a Loan Agreement and the issuance of the Notes to evidence the obligation of the City thereunder or will abandon the proposal to issue said Notes. This notice is given by order of the City Council of the City of Granger, State of Iowa, as provided by Sections 384.24A and 384.25 of the Code of Iowa. Dated this 13 day of May, 2026. Kristy Trzeciak, City Clerk, City of Granger, State of Iowa May 28 2026 LIOW0520223