NOTICE OF PUBLIC HEARING TO CONSIDER APPROVAL OF A PROPOSED KETTLESTONE PHASE 5 COMMERCIAL URBAN RENEWAL PLAN FOR A PROPOSED URBAN RENEWAL AREA IN THE CITY OF WAUKEE, STATE OF IOWA

NOTICE OF PUBLIC HEARING TO CONSIDER APPROVAL OF A PROPOSED KETTLESTONE PHASE 5 COMMERCIAL URBAN RENEWAL PLAN FOR A PROPOSED URBAN RENEWAL AREA IN THE CITY OF WAUKEE, STATE OF IOWA The City Council of the City of Waukee, State of Iowa, will hold a public hearing before itself at its meeting which commences at 5:30 P.M. on September 15, 2025 in the Council Chambers, City Hall, 230 West Hickman Road, Waukee, Iowa, to consider adoption of a proposed Kettlestone Phase 5 Commercial Urban Renewal Plan (the "Plan") concerning a proposed Urban Renewal Area in the City of Waukee, State of Iowa. The Kettlestone Phase 5 Commercial Urban Renewal Area is proposed to contain the land legally described as follows: Lot 14, Kettlestone Central Plat 1, an Official Plat, now included in and forming a part of the City of Waukee, Dallas County, Iowa; and Street Lot A, Kettlestone Central Plat 1, an Official Plat, now included in and forming a part of the City of Waukee, Dallas County, Iowa; and Street Lots A and B, Kettlestone Central Apartments Plat 1, an Official Plat, now included in and forming a part of the City of Waukee, Dallas County, Iowa; and Parcel 22-121 a part of Parcel 21-96 as shown on the Plat of Survey recorded in Book 2021, Page 31554 being a part of Government Lot 12 in Section 3 and a part of Government Lot 16 in Section 4, all being in Township 78 North, Range 26 West of the Fifth Principal Meridian in the City of Waukee, Dallas County, Iowa; and Lot 1, Kettlestone Central DWR Plat 1, an Official Plat, now included in and forming a part of the City of Waukee, Dallas County, Iowa. A copy of the Plan is on file for public inspection in the office of the City Clerk, City Hall, City of Waukee, Iowa. The City of Waukee, State of Iowa is the local public agency which, if such Plan is approved, shall undertake the urban renewal activities described in such Plan. The general scope of the urban renewal activities under consideration in the Plan is to promote the growth and retention of qualified industries and businesses in the Urban Renewal Area through various public purpose and special financing activities outlined in the Plan. To accomplish the objectives of the Plan, and to encourage the further economic development of the Urban Renewal Area, the Plan provides that such special financing activities may include, but not be limited to, the making of loans or grants of public funds to private entities under Chapter 15A, Code of Iowa. The City also may reimburse or directly undertake the installation, construction and reconstruction of substantial public improvements, including, but not limited to, street, water, sanitary sewer, storm sewer or other public improvements. The City also may acquire and make land available for development or redevelopment by private enterprise as authorized by law. The Plan provides that the City may issue bonds or use available funds for purposes allowed by the Plan and that tax increment reimbursement of the costs of urban renewal projects may be sought if and to the extent incurred by the City. The Plan initially proposes no specific public infrastructure or site improvements to be undertaken by the City, and provides that the Plan may be amended from time to time. Any person or organization desiring to be heard shall be afforded an opportunity to be heard at such hearing. This notice is given by order of the City Council of the City of Waukee, State of Iowa, as provided by Section 403.5, Code of Iowa. Dated this 18th day of August, 2025. Rebecca D. Schuett City Clerk, City of Waukee, State of Iowa September 4 2025 LIOW0356086