NOTICE OF PUBLIC HEARING The Board of Commissioners (the "Board") of the Town of Wake Forest, North Carolina (the "Town") has determined to consider whether to enter into an installment financing agreement (the "Agreement") pursuant to Section 160A-20 of the General Statutes of North Carolina obligating the Town to make installment payments thereunder in a principal amount not to exceed $18,000,000, plus interest thereon. The Agreement is being entered into for the purpose of providing funds, together with any other available funds, to pay the costs of acquiring, constructing and equipping a new fire station (the "Project"). To secure its obligations under the Agreement, the Town will grant a lien on the site of the Project, together with any improvements or fixtures located or to be located thereon. Section 160A-20(g) of the General Statutes of North Carolina requires that the Town hold a public hearing prior to entering into the Agreement. If the Board so determines, an application will be submitted to the Local Government Commission of North Carolina for approval of the Agreement. Please take notice that the Board will conduct a public hearing in the Board Chambers of the Town Hall located at 301 S. Brooks Street in Wake Forest, North Carolina at 6:00 p.m. on March 17, 2026, at which time any person may be heard regarding the proposed Agreement. Any person wishing to comment in writing regarding the proposed Agreement should do so prior to March 17, 2026 to the Town of Wake Forest, North Carolina, 301 S. Brooks Street, Wake Forest, North Carolina 27587, Attention: Evelyn Wright, Town Clerk. Evelyn Wright Town Clerk Town of Wake Forest, North Carolina IPL0319642 Mar 6 2026