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Series 2024B Bonds Maturing February 1, 2041 Principal Year Amount 2040 $1,655,000 2041 (maturity) 1,720,000 Series 2024B Bonds Maturing February 1, 2047 Principal Year Amount 2042 $1,790,000 2043 1,860,000 2044 1,935,000 2045 2,010,000 2046 2,090,000 2047 (maturity) 2,175,000 Series 2024B Bonds Maturing February 1, 2049 Principal Year Amount 2048 $2,265,000 2049 (maturity) 2,355,000 In case any outstanding bond is in a denomination greater than $5,000, each $5,000 of face value of such bond shall be treated as a separate bond of the denomination of$5,000. The City has covenanted in the Authorizing Ordinance that Surplus Bond Tax Receipts, being collections of the Bond Tax in excess of the amount necessary to (a) ensure the prompt payment of the principal of, interest on and Trustee's fees and expenses and other administrative charges in connection with the bonds as the same become due, (b)pay any arbitrage rebate payments due under Section 148(f) of the Internal Revenue Code of 1986, as amended, (c) maintain the debt service reserve in the required amount and(d)pay any amounts due with respect to the municipal bond insurance policy issued in connection with the bonds, must be used from time to time on each interest payment date,but in any event not less often than annually, as and to the extent available to redeem outstanding bonds prior to maturity. The debt service reserve shall be used as part of the Surplus Bond Tax Receipts for the purpose of making the final principal and interest payment on the bonds, whether at maturity or at redemption prior to maturity. Surplus Bond Tax Receipts shall be used to redeem the Series 2024A Bonds in full before any Series 2024B Bonds are redeemed from Surplus Bond Tax Receipts. 15