EXHIBIT E STATEMENT OF BOISE CITY ATTORNEY AS TO ADEQUACY OF SUMMARY OF ORDINANCE NO. ORD-23-26 I, the undersigned City Attorney for and legal advisor to the City of Boise City, Idaho, hereby certify that I have read the foregoing Summary of Ordinance No. ORD-23-26 of the City of Boise City, and that the same is true and complete and provides adequate notice to the public of the contents of said Ordinance. DATED this 2nd day of June, 2026. Mary Grant Deputy City Attorney CITY OF BOISE CITY ADA COUNTY, IDAHO Summary of Ordinance No. ORD-23-26 Adopted June 2, 2026 SERIES ORDINANCE AN ORDINANCE OF THE CITY OF BOISE CITY, ADA COUNTY, IDAHO, AUTHORIZING THE ISSUANCE OF ITS WATER RENEWAL REVENUE BONDS, SERIES 2026, TO PROVIDE FUNDS NECESSARY TO FINANCE IMPROVEMENTS TO THE CITY'S WATER RENEWAL SYSTEM; FIXING THE FORM OF THE BONDS TO BE ISSUED; AUTHORIZING EXECUTION AND DELIVERY OF BOND PURCHASE AGREEMENT, AN OFFICIAL STATEMENT, AND A CONTINUING DISCLOSURE AGREEMENT; DELEGATING AUTHORITY TO APPROVE THE TERMS AND PROVISIONS OF THE SALE OF THE BONDS PURSUANT TO A BOND PURCHASE AGREEMENT; PROVIDING FOR THE REGISTRATION AND AUTHENTICATION OF THE BONDS; PLEDGING REVENUES FOR PAYMENT OF DEBT SERVICE ON BONDS; PROVIDING FOR CERTAIN FEDERAL TAX COVENANTS WITH RESPECT TO THE BONDS; PROVIDING FOR OTHER MATTERS PROPERLY RELATING THERETO; ORDERING PUBLICATION; APPROVING A SUMMARY OF THE ORDINANCE; PROVIDING FOR WAIVER OF THE READING RULES AND PROVIDING AN EFFECTIVE DATE. CITY OF BOISE CITY, ADA COUNTY, STATE OF IDAHO WATER RENEWAL REVENUE BONDS, SERIES 2026 Section 101 (Definitions) defines certain capitalized terms used in the Series Ordinance. Section 201 (Authority for Series Ordinance) Provides that the Series Ordinance is adopted by the City of Boise City, Ada County, Idaho (the "City") pursuant to the provisions of the Act and the Master Ordinance. Section 202 (Finding and Purpose) Provides findings and determinations required to provide funds to finance and refinance certain improvements to the City's Water Renewal System with proceeds of issuance and sale of the Series 2026 Bonds. Section 203 (Authorization of Series 2026 Bonds, Designation; Confirmation of Pledged Revenues) Authorizes the Series 2026 Bonds; provides the designation of the Series 2026 Bonds, and security of payment thereof from Net Revenues. Section 204 (Issue Date) Provides that the issue date shall be the date of delivery of the Series 2026 Bonds. Section 205 (Description of the Series 2026 Bonds) Provides that the Series 2026 Bonds shall be issued in fully registered form in Authorized Denominations; provides the form of the Series 2026 Bonds; and provides that principal and interest on the Series 2026 Bonds shall be payable as provided in the Delegation Certificate. Section 206 (Authorization of Actions Preliminary to Sale of Series 2026 Bonds) Provides for the negotiated sale of the Series 2026 Bonds to the Underwriter; authorizes publication of a notice pursuant to Idaho Code Section 57-215; and approves substantial forms of the Bond Purchase Agreement, the Preliminary Official Statement, the Official Statement, and the Continuing Disclosure Agreement. Section 207 (Sale of Series 2026 Bonds, Delegation Authority) Provides for delegation to Mayor or Director of Finance, each a Delegated Officer, to approve the final terms of the Series 2026 Bonds and for execution by the Delegated Officer of the Terms Certificate upon approval of the final terms. Section 208 (Execution of Series 2026 Bonds) Provides for the manner of execution of the Series 2026 Bonds. Section 209 (Registration of Series 2026 Bonds) Provides that Zions Bancorporation, National Association shall act as Series 2026 Bond Registrar for the Series 2026 Bonds and provides for the registration of the Series 2026 Bonds. Section 210 (Redemption and Purchase) Provides for the manner of redeeming and/or purchasing the Series 2026 Bonds by the City. Section 301 (Creation of Accounts and/or Subaccounts under Funds) Creates and/or ratifies the following: 2026 Debt Service Account under Bond Fund for payment of debt service on the Series 2026 Bonds; Series 2026 Project Account under the Project Fund for payment of the costs of the Series 2026 Project and costs of issuance of the Series 2026 Bonds. Section 401 (Pledge of Revenues) The City covenants and agrees that to pay the principal of and interest on the Series 2026 Bonds, the City shall transfer from the Revenue Fund such amounts sufficient, together with funds then on deposit in the 2026 Debt Service Account, to meet the debt service requirements on the Series 2026 Bonds. The Pledged Revenues of the City are hereby pledged for the prompt payment of principal of and interest on the Series 2026 Bonds as the same become due on parity with all Outstanding Bonds. Section 402 (Non-Arbitrage) Provides that the City shall not take any action to cause the Series 2026 Bonds to be arbitrage bonds, within the meaning of Section 103 and 148 of the Code. Authorizes the City's Tax Certificate to comply with federal tax requirements. Section 501 (Effect of Series Ordinance) Provides that the Master Ordinance is amended and supplemented as provided by the Series Ordinance. Section 502 (Ratification) Ratifies, confirms and approves all proceedings, resolutions, and ordinances in connection with the sale and issuance of the Series 2026 Bonds. Section 503 (Severability) Provides that other covenants and agreements in the Series Ordinance are not affected if one is made invalid. Section 504 (Conflict) Repeals all resolutions, orders and regulations or parts thereof conflicting with the Series Ordinance. Section 505 (Captions) Provides that table of contents and captions and headings are for convenience only. Section 506 (Savings Clause) Provides that except as amended by the Series Ordinance, the Master Ordinance shall remain in full force and effect. Section 507 (Effective Date) Provides that the Series Ordinance shall take effect from and after its passage and publication of this summary as required by law. Section 508 (Publication) Provides for the publication of a summary of the Series Ordinance and approves the form and content of this Summary of Ordinance. Exhibit A: Sets forth the substantial form of the Series 2026 Bonds. Exhibit B: Sets forth the substantial form of the Notice of Private Negotiated Bond Sale. Exhibit C: Sets forth the substantial form of the Bond Purchase Agreement. Exhibit D: Sets forth the substantial form of the Terms Certificate. Exhibit E: Sets forth this summary for publication. The full text of Ordinance No. ORD-23-26 is available at City Hall and will be provided to any citizen upon personal request during normal office hours. DATED this 2nd day of June, 2026. City of Boise City, Idaho ATTEST: Lauren McLean Jamie Heinzerling MAYOR CITY CLERK IPL0346471 Jun 7 2026