I-1 - Finance Plan - 2025 GO Bond

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. January 2025 February 2025 Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu Fri Sat 1 2 3 4 1 5 6 7 8 9 10 11 2 3 4 5 6 7 8 12 13 14 15 16 17 18 9 10 11 12 13 14 15 19 20 21 22 23 24 25 16 17 18 19 20 21 22 26 27 28 29 30 31 23 24 25 26 27 28 March 2025 April 2025 Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu Fri Sat 1 1 2 3 4 5 2 3 4 5 6 7 8 6 7 8 9 10 11 12 9 10 11 12 13 14 15 13 14 15 16 17 18 19 16 17 18 19 20 21 22 20 21 22 23 24 25 26 23 24 25 26 27 28 29 27 28 29 30 30 31 Holiday Date Action Responsible Party January 15 General Information Certificate sent to City for Northland completion January 21 Set Hearing Resolution Adopted City Council Action January 28 General Information Certificate returned to Northland City Staff, Northland February 4 Hold Public Hearing City Council Action February 11 Rating Request made to S&P Northland February 25 Preliminary Official Statement and Finance Plan sent to Northland City for Council Packets March 4 Approve Preliminary Official Statement and Review of City Council Action, Finance Plan Northland, Bond Counsel February 27 Rating Call Held City Staff, Northland, S&P March 10 Rating Received City Staff, Northland, S&P March 18 Pricing Date City Council Action, Bond Purchase Contract Signed – 7:00 p.m. Northland, Bond Counsel April 8 Issuance Resolution Adopted City Council Action, Bond Counsel April 24 Closing on the Bonds (Proceeds Available) Northland, City Staff, Bond Counsel Northland Securities, Inc. Page 3