I-1 - Preliminary Official Statement - GO Bond 2025

Industrial Park The City currently has a 35-acre industrial park, located within the City. Commercial/Industrial Development Building construction and commercial/industrial development completed within the past twelve months have been as follows: Description Name Product/Service of Construction Year 1100 Boardwalk Strip mall/residential 4 story 2024 Building Permits 1 Building permits issued for the past five calendar years are as follows: New Commercial/ New Total Industrial Residential Number of Total Number Number Building Permit Year of Permits of Permits Permits Valuation 2024 1 120 321 $46,100,102 2023 16 153 353 62,764,822 2022 6 142 345 66,526,011 2021 5 248 410 64,319,141 2020 8 187 377 56,410,164 2019 1 240 357 41,159,396 Banking/Financial Institutions 2 Banking/financial services in the City are provided by Solon State Bank, Farmers State Bank, Hills Bank and Greenstate Credit Union. Education City residents are served by the Clear Creek Amana Community School District, which is comprised of the communities of Amana, Cosgrove, Oxford, North Liberty, and Tiffin. 1 Building permits do not include sign, plumbing and electrical, or mechanical permits. 2 Source: Federal Deposit Insurance Corporation (FDIC). – 18 –