NOTICE OF PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF WAUKEE IN THE STATE OF IOWA, ON THE MATTER OF THE PROPOSAL TO ENTER INTO A FIRST AMENDMENT TO THE AGREEMENT FOR PRIVATE DEVELOPMENT WITH CALIBER LAND COMPANY, LLC, KETTLESTONE CENTRAL, L.C., AND

NOTICE OF PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF WAUKEE IN THE STATE OF IOWA, ON THE MATTER OF THE PROPOSAL TO ENTER INTO A FIRST AMENDMENT TO THE AGREEMENT FOR PRIVATE DEVELOPMENT WITH CALIBER LAND COMPANY, LLC, KETTLESTONE CENTRAL, L.C., AND IOWA YOUTH ATHLETIC FOUNDATION, AND THE HEARING THEREON PUBLIC NOTICE is hereby given that the Council of the City of Waukee in the State of Iowa, will hold a public hearing on November 3, 2025, at 5:30 P.M. in the Council Chambers, City Hall, 230 West Hickman Road, Waukee, Iowa, at which meeting the Council proposes to take action on the proposal to enter into a First Amendment (the "First Amendment") to the Agreement for Private Development ("Agreement") with Caliber Land Company, LLC (the "Caliber"), Kettlestone Central, L.C. (the "Kettlestone Central"), and Iowa Youth Athletic Foundation (the "IYAF" and collectively with Caliber and Kettlestone Central, the "Developers"). Pursuant to the Agreement, Caliber agreed to construct certain "Phase 2 Commercial Improvements" and Kettlestone Central agreed to construct certain "Phase 1 Commercial Improvements", "Phase 3 Commercial Improvements", and "Phase 4 Commercial Improvements" and, further, IYAF agreed to construct certain "Arena Improvements", all on distinct portions of the Kettlestone Phase 1 Commercial Urban Renewal Area, the Kettlestone Phase 2 Commercial Urban Renewal Area, the Kettlestone Phase 3 Commercial Urban Renewal Area, and the Kettlestone Phase 4 Commercial Urban Renewal Area; and the City agreed to provide certain Economic Development Grant incentives to IYAF, subject to the Developers' compliance with the Agreement. The City and Developers desire to make additional changes to the terms of the Agreement, pursuant to the proposed First Amendment to (i) revise the Agreement terms and exhibits to account for the creation of a Kettlestone Phase 5 Commercial Urban Renewal Area; and (ii) increase the Cumulative Maximum Amount of Grants to $55,000,000. A copy of the Agreement is on file for public inspection during regular business hours in the office of the City Clerk, City Hall, City of Waukee, Iowa. At the above meeting the Council shall receive oral or written objections from any resident or property owner of said City, to the proposal to enter into the Agreement. After all objections have been received and considered, the Council will at this meeting or at any adjournment thereof, take additional action on the proposal or will abandon the proposal to authorize said Agreement. This notice is given by order of the City Council of the City of Waukee in the State of Iowa, as provided by Section 364.6, Code of Iowa. Dated this 20th day of October, 2025. Rebecca D. Schuett City Clerk, City of Waukee, State of Iowa October 30 2025 LIOW0393931