1. Resolution No. 2025-059 – A Resolution taking additional action on proposal to enter into a Water Revenue Loan and Disbursement Agreement — Resoluiton

May 29, 2025 VIA EMAIL Doug Boldt City Administrator/City Hall Tiffin, Iowa Re: $15,000,000 SRF Water Revenue Loan and Disbursement Agreement Our File No. 436989-42 Dear Doug: We have prepared and attach proceedings for the June 3, 2025, City Council meeting related to the public hearing and additional action on the Water Revenue Loan and Disbursement Agreement (the “Agreement”). The proceedings attached include the following items: 1. Minutes of the meeting covering the public hearing, followed by the resolution taking additional action in connection with the Agreement. This resolution simply sets forth the City Council’s determination to enter into the Agreement in the future and its adoption constitutes the “additional action” required by the Iowa Code. 2. Attestation Certificate with respect to the validity of the transcript. On June 3, the City Council should meet as scheduled and hold the hearing on its intention to enter into the Agreement. The minutes as drafted assume that no objections will be filed or made. Please return one fully executed copy of these proceedings to our office as soon as possible. Please call Emily Hammond, Erin Regan, Severie Orngard or me if you have questions. Best regards, John P. Danos Attachments cc: Abigail Hora Tracy Scebold Tony Toigo Lee Wagner Heidi Kuhl Clint Weinen 801 Grand Avenue | Suite 4100 | Des Moines, IA | 50309-8002 | T 515.283.1000 | dorsey.com