I-1 - Finance Plan Tiffin 2021A Refunding

Calendar of Events The following checklist of items denotes each milestone activity as well as the members of the finance team who will have the responsibility to complete it. Please note this proposed timetable assumes regularly scheduled City Council meetings. December 2020 January 2021 Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu Fri Sat 1 2 3 4 5 1 2 6 7 8 9 10 11 12 3 4 5 6 7 8 9 13 14 15 16 17 18 19 10 11 12 13 14 15 16 20 21 22 23 24 25 26 17 18 19 20 21 22 23 27 28 29 30 31 24 25 26 27 28 29 30 31 February 2021 March 2021 Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu Fri Sat 1 2 3 4 5 6 1 2 3 4 5 6 7 8 9 10 11 12 13 7 8 9 10 11 12 13 14 15 16 17 18 19 20 14 15 16 17 18 19 20 21 22 23 24 25 26 27 21 22 23 24 25 26 27 28 28 29 30 31 Holiday Action Required Date Action Responsible Party December 1, 2020 Set Hearing on Loan Agreement for the Bonds City Council Action, Bond Counsel December 15, 2020 Hold Hearing on Loan Agreement for the Bonds City Council Action, Bond Counsel January 12, 2021 Preliminary Official Statement and Finance Plan sent to Northland City for Meeting Packets January 19, 2021 Approve Preliminary Official Statement and Review City Council Action, Finance Plan Northland, Bond Counsel February 2, 2021 Pricing City Council Action, Bond Purchase Contract Signed Northland, Bond Counsel February 16, 2021 Issuance Resolution Adopted City Council Action, Bond Counsel March 9, 2021 Closing on the Bond (Proceeds Available to Call the Northland, City Staff, Series 2015A Bonds) Bond Counsel May 24, 2021 Bond Proceeds Wired to Paying Agent to Prepay the City Staff Series 2015A Bonds (Callable June 1, 2021) Northland Securities, Inc. Page 3