NOTICE OF INTENTION TO ISSUE CITY OF GRAND PRAIRIE, TEXAS COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION TAKE NOTICE that the City Council of the City of Grand Prairie, Texas, shall convene at 6:30 p.m. on August 19, 2025, at the City Council chambers located at 300 W. Main Street, Grand Prairie, Texas, and, during such meeting, the City Council will consider the passage of an ordinance authorizing the issuance of certificates of obligation, in one or more series, in an amount not to exceed FORTY MILLION EIGHTY THOUSAND DOLLARS ($40,080,000) for the purpose of paying contractual obligations to be incurred for (i) designing, acquiring, constructing, improving, equipping, and maintaining City streets, roads, thoroughfares, intersections, bridges, alleys, retaining walls, sidewalks, trails, and pathways, including related traffic signalization and signage, lighting, ADA accessibility, beautification, traffic management equipment, street assessment, utility relocations, drainage and irrigation, and the acquisition of easements, rights-of-way, and other real property interests necessary therefor, (ii) renovating, improving, and equipping existing municipal buildings and facilities, to wit: HVAC improvements, roof repairs, fire safety improvements, electrical and power generator improvements, internal and external lighting and control repair and improvements, and infrastructure repairs and improvements to the City's Public Safety Building, Public Safety Training Complex, fire stations, and administrative office buildings, (iii) designing, constructing, improving and equipping park or recreation facilities that are generally accessible to the public and are part of the municipal park system, (iv) acquiring vehicles and equipment for the City's police, fire, transportation and mobility services, and parks and recreation departments, (v) acquiring and installing telecommunications, wireless communications, and information technology systems, hardware, software, and equipment for City public safety, financial, human resources, purchasing, parks and recreation, city council, and general municipal needs and administrative purposes, and (vi) professional services rendered in connection therewith; such certificates to be payable from ad valorem taxes and a limited pledge of the net revenues of the City's Water and Wastewater System. In accordance with Texas Local Government Code Section 271.049, (i) the current principal amount of all of the City's outstanding public securities secured by and payable from ad valorem taxes is $499,761,000; (ii) the current combined principal and interest required to pay all of the City's outstanding public securities secured by and payable from ad valorem taxes on time and in full is $657,916,024; (iii) the estimated combined principal and interest required to pay the certificates of obligation to be authorized on time and in full is $56,996,258; (iv) the maximum interest rate for the certificates may not exceed the maximum legal interest rate; and (v) the maximum maturity date of the certificates to be authorized is February 15, 2045. The certificates are to be issued, and this notice is given, under and pursuant to the provisions of Texas Local Government Code, Subchapter C of Chapter 271, as amended. Mona Lisa Galicia, City Secretary City of Grand Prairie, Texas IPL0245389 Jun 20,27 2025