NOTICE OF PUBLIC HEARING MOORPARK CITY COUNCIL

NOTICE OF PUBLIC HEARING MOORPARK CITY COUNCIL June 24, 2026 A public hearing will be held before the Moorpark City Council (the "City Council") on July 1, 2026 at or after 6:30 p.m. at Moorpark City Hall, 323 Science Drive, Moorpark, California 93021, to consider the proposed issuance by the California Municipal Finance Authority (the "Authority") of its mobile home park revenue tax-exempt and/or taxable bonds pursuant to a plan of financing in one or more series in the aggregate principal amount of not to exceed $15,610,000 (the "Authority Bonds") pursuant to Chapter 8 of Part 5 of Division 31 of the California Health and Safety Code. Certain requirements of the City Council to its approval of such issuance are set forth in a draft Resolution of the City Council, a copy of which is on file with the City Clerk as a public record and is available for public inspection. Any approval shall be subject to the provisions set forth in such Resolution. Interested individuals may attend and participate in the public hearing in person or via the Clerk of the City Clerk's website at https://www.moorparkca.gov/citycouncilmeetings. The proceeds from the sale of the Authority Bonds, if any are issued, are intended to be used to make a loan to Augusta Communities II LLC, a California limited liability company, or a related party of which Augusta Homes, a California nonprofit public benefit corporation, will be the sole member (the "Borrower"), to be used, along with other funds available to the Borrower, to (i) refinance a mobile home park with approximately 241 spaces known as the Villa del Arroyo Mobile Home Park located in Moorpark, California at 15750 Arroyo Drive and finance improvements thereto (the "Project") and (ii) finance certain costs of issuing the Authority Bonds. The Borrower will be the initial owner and operator of the Project. The Authority Bonds and the obligation to pay principal of and interest thereon and any redemption premium with respect thereto do not constitute indebtedness or an obligation of the City of Moorpark, the Authority, the State of California or any political subdivision thereof, within the meaning of any constitutional or statutory debt limitation, or a charge against the general credit or taxing powers of any of them. The Authority Bonds shall be a limited obligation of the Authority, payable solely from certain revenues duly pledged therefor and generally representing amounts paid by the Borrower. This public notice is intended to comply with public notice requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended. The Authority Bonds will be issued as Qualified 501(c)(3) Bonds and the Project is required to be occupied in part by persons of low and very low income in accordance with California laws and the requirements of Section 145 of the Internal Revenue Code of 1986, as amended. If you challenge the final decision in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City Council at, or prior to, the public hearing. Subject to exhaustion of administrative remedies, Code of Civil Procedure Section 1094.6 requires you to initiate such proceeding in court within 90 days of the final decision in this matter. Further information on this matter may be obtained by calling the Finance Director, at (805) 517-6271. Written comments may be submitted to the City Clerk of the City of Moorpark, at Moorpark City Hall, 323 Science Drive, Moorpark, California 93021 via mail or via email to moorpark@moorparkca.gov. Written comments should be submitted in sufficient time to be received before the public hearing. Any person may appear and comment at the hearing. Subsequent to the public hearing, the City Council will consider approving the issuance of the Authority Bonds. June 24 2026 LYRK0542058