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2021-08-30 SID 608 Minutes CERTIFICATE The undersigned hereby certify that they are the Chairperson and Clerk of Sanitary and Improvement District Number 608 of Douglas County,Nebraska,(the"District")and hereby further certify as follows: 1. Annexed to this certificate is a true and correct transcript of the proceedings of the Board of Trustees of the District relating to a meeting of said District held on the date and at the time reflected in the meeting minutes contained in said foregoing transcript(the"Meeting"). All of the proceedings of the District and of the Board of Trustees thereof which are set out in the annexed and foregoing transcript have been fully recorded in the journal of proceedings of the District and the undersigned District Clerk has carefully compared the annexed and foregoing transcript with said journal and with the records and files of the District which are in such Clerk's official custody and said transcript is a full, true and complete copy of said journal,records and files which are set out therein. 2. Advanced notice for the Meeting was given by publication as set forth in the affidavit of publication contained in the foregoing transcript and was mailed to the Clerk of the municipality or county within whose zoning jurisdiction the District is located at least seven days prior to the date of the Meeting. Advanced notice for the Meeting, including notice of agenda subjects, was given to all members of the Board of Trustees. All news media requesting notification of meetings of said body were provided with advanced notice of the times and places of such meetings and the subjects to be discussed. 3. All of the subjects addressed at the Meeting were contained in the agenda for the Meeting, which agenda was kept continually current and readily available for public inspection at the address listed in the meeting notice for the Meeting and a copy of which is attached to this Certificate; such subjects were contained in said agenda for at least 24 hours prior to the Meeting and each agenda item was sufficiently descriptive to give the public reasonable notice of the matters to be considered at the Meeting. 4. A current copy of the Nebraska Open Meetings Act was available and accessible to members of the public, posted during the Meeting in the room in which such Meeting was held and all in attendance at the Meeting were informed that such copy of the Nebraska Open Meetings Act was available for review and were informed of the location of such copy in the room in which such Meeting was being held. At least one copy of all resolutions and other reproducible written materials,for which actions are shown in said proceedings,was made available for examination and copying by members of the public at the Meeting. 5. The minutes of the Meeting were in written form and available for public inspection within ten(10)working days after the Meeting or prior to the next convened meeting, whichever occurred earlier, at the office of the District; within thirty(30)days after the date of the Meeting, a copy of the minutes of the Meeting was sent to the Clerk of the municipality or county within whose zoning jurisdiction the District is located. 6. No litigation is now pending or threatened to restrain or enjoin the District from the issuance and delivery of any warrants or other obligations issued by the District or the levy and collection of tax or other revenues or relating to any of the improvements for which any such warrants or other obligations were or are issued nor in any manner questioning the proceedings and authority under which any such warrants or other obligations were or are issued or affecting the validity thereof; neither the corporate existence or boundaries of the District nor the title of its present officers to their respective offices is being contested; no authority or proceedings for the issuance of any warrants or other obligations by the District have been repealed,revoked or rescinded as of the date hereof. All actions taken by the Board of Trustees referred to in said transcript were taken at a public meeting while open to the attendance of the public. IN WITNESS WHEREOF,we have hereunto affixed our official signatures this 30°'day of August,2021. 442 Jeff k iolthairman Drew Snyder,Clerk MINUTES OF THE MEETING OF THE BOARD OF TRUSTEES OF SANITARY AND IMPROVEMENT DISTRICT NO. 608 OF DOUGLAS COUNTY, NEBRASKA HELD AT 9:30 A.M. ON AUGUST 30, 2021 AT 20010 MANDERSON STREET, OMAHA, NEBRASKA. The meeting of the Board of Trustees of Sanitary and Improvement District No. 608 of Douglas County, Nebraska was convened in open and public session at 9:30 a.m. on August 30, 2021 at 20010 Manderson Street, Omaha, Nebraska, 68022, said meeting held in accordance with the Nebraska Open Meetings Act, a copy of which was made available for review to all in attendance at these proceedings, in accordance with State Law. Present at the meeting were Trustees Drew Snyder, Jeff Elliott, Christian Kloster and Carson Stratman. Also present were Larry A. Jobeun of Fullenkamp Jobeun Johnson & Beller, LLP, attorneys on behalf of the District, Brad Huyck of Thompson Dreessen & Dorner, Inc., consulting engineers on behalf of the District, and Adam Flanagan of Kuehl Capital Corporation, municipal advisors on behalf of the District. Trustee Scott Kinkaid was absent. Notice of the meeting was given in advance thereof by publication in The Daily Record on August 25, 2021, a copy of the Proof of Publication being attached to these minutes. Notice of the meeting was simultaneously given to all members of the Board of Trustees and a copy of their Acknowledgement of Receipt of Notice is attached to these minutes. Availability of the agenda was communicated in the published notice and in the notice of the Trustees of this meeting. All proceedings of the Board were taken while the convened meeting was open to the attendance of the public. The Clerk then certified that notice of this meeting had been given to the City of Omaha, Nebraska and the Douglas County Clerk at least seven days prior to the time set by the Board of Trustees for this meeting and filed his Certificate to that effect, said Certificate being attached to these minutes and made part hereof by this reference. The Budget Hearing of Sanitary and Improvement District No. 608 was held the 30th day of August, 2021 at 9:30 a.m. Three (3) copies of the proposed budget statement were available to the public. The Chairman then presented the proposed budget of the District outlining the key provisions of the proposed budget statement, including, but not limited to, a comparison with the prior year's budget and advised that the Budget Summary had been published in The Daily Record a legal newspaper of Douglas County, Nebraska on August 25, 2021, a copyof the Proof of Publication being attached to these minutes. The floor was then opened for public comment on the proposed budget statement. All members of the public wishing to address the governing body were provided a reasonable amount of time to do so. It was then advised that no one owning property or having a vested interest in the property located within the boundaries of the District appeared at this hearing on the proposed Budget and Budget Summary to offer support, opposition, criticism, suggestions, or observations concerning the proposed Budget. The Chairman noted that the budget complies with the current provisions of the Nebraska Lid Law, and that the property taxes for the Bond Fund and General Fund are as follows: Bond Fund $-0- $0.0 General Fund $41,793.03 $0.900000 Total $41,793.03 $0.900000 Following discussion concerning the budget, a motion was duly made, seconded, and approved by unanimous vote of the Board of Trustees to adopt the budget as proposed for the 2021/22 fiscal year. The Clerk was then directed to attach a copy of the budget as adopted to these minutes. The compliance officer for the District, Jeff Elliott, the duly acting Chairman and a Trustee on behalf of the District, acknowledged that Kuehl Capital Corporation, as Municipal Advisor for the District, completed the Post Issuance Tax Exempt Compliance Review and the District is adhering to its post issuance compliance obligations. The Board next discussed the letter from Kuehl Capital Corporation dated August 19, 2021 and regarding the warrant interest due and owing on outstanding Construction Fund Warrants of the District, the same being due on October 1, 2021 and in the amount of $72,603.47. Then, upon a motion duly made, seconded, and upon a roll call vote of"aye" by all of the Trustees present, the payment of$72,603.47 from the Construction Fund Account of the District as part of these proceedings was unanimously approved. The Clerk was then directed to attach a copy of the above letter to these minutes. The Warrant Offering Circular in even date herewith and prepared by Kutak Rock, LLP, special disclosure counsel on behalf of the District was then presented. It was then noted that the WOC was in connection with the South Streams portion of the District, the same having been annexed to be included within the boundaries of the District. Then, upon a motion duly made, seconded, and upon a roll call vote of "aye" by all of the Trustees present, the following resolutions were unanimously adopted and accepted: BE IT RESOLVED that the Offering Circular dated August 30, 2021 (including the Addendum attached thereto,the "Offering Circular")pertaining to the offering by the District from time to time of its construction fund warrants and general fund warrants is: (1) hereby approved in substantially the form attached hereto; (2)the Chair of the Board of Trustees is hereby authorized and directed to execute the Offering Circular in substantially the form and content attached hereto, but with such changes, modifications, deletions or additions therein as shall to the Chair seem necessary, desirable or appropriate (provided that Kuehl Capital Corp., acting as municipal advisor to the District, and without further approving action by the Chair or this Board, is hereby authorized to insert on behalf of the District into each Addendum relating to an offering of construction fund warrants or general fund warrants, the numerical and statistical information specific to each such offering as shall be accepted and used by the Underwriter to offer the additional warrants described in such addendum); (3) the Offering Circular as of its date is hereby deemed final within the meaning of Rule 15c2-12 under the Securities Exchange Act of 1934 (the "Rule"), as amended (except for any one or more of the permitted omissions specified by paragraph (b) of the Rule); and (4) the distribution of the Offering Circular by First National Capital Markets, Inc. as underwriter, with respect to each offering of construction fund warrants or general fund warrants described by an Addendum is hereby authorized and approved. BE IT FURTHER RESOLVED that the District hereby approves and enters into the continuing disclosure undertaking for the benefit of the holders of the District's warrants, as required by the Rule and set out as Appendix D of the Offering Circular which is hereby incorporated by reference into this resolution as if set forth herein. Next, the Chairman presented the Agreement to Purchase/Place Obligations to be entered into by and between the District and First National Capital Markets (FNCM), for and in consideration of FNCM's purchase and placement of warrants to be issued in connection with the development of the South Streams portion of the District. Then, upon a motion duly made, seconded, and upon a roll call vote of"aye" by all of the Trustees present, the above agreement was unanimously approved the Chairman and Clerk were directed to execute the same on behalf of the District. The Clerk was further instructed to attach a copy of the agreement to these minutes and by this reference is hereby incorporated. The Chairman then presented the proof of publication in connection with the Resolution of Necessity for the construction of the South Streams Sanitary Sewer— Section I improvements of the District, the same having been published on August 18 and 25, 2021 in The Daily Record, a paper of general circulation in Douglas County, Nebraska. It was then noted that no one from the public appeared in opposition of the above resolution and the same had been posted in three (3) conspicuous places within the boundaries of the District. After discussion, the Resolution contained in Exhibit "A" attached hereto and by this reference incorporated herein was duly introduced, seconded and upon a roll call vote of"aye" by the Trustees, was unanimously adopted; the Trustees then passed the following resolutions: BE IT RESOLVED by the Board of Trustees of Sanitary and Improvement District No. 608 of Douglas County, Nebraska that the Resolution of Advisability and Necessity for the construction of the 204th &N Street Traffic signal improvements, be and hereby is approved, the same having been presented and approved in form at the August 9th meeting of the District. The Chairman next presented the proof of publication for the Resolution of Necessity in connection with the Water Main Extension Agreement, to be entered into by and between the District and Metropolitan Utilities District for the construction of the water main extension and payment of pioneer main fees in connection therewith, the same having been published on August 18 and 25, 2021, in The Daily Record, a newspaper of general circulation in Douglas County, Nebraska. It was then stated that the resolution was posted in three (3) conspicuous places within the boundaries of the District and that no one from the public had appeared at these proceedings in opposition of the same. After discussion, the Resolution contained in Exhibit "B" attached hereto and by this reference incorporated herein was duly introduced, seconded and upon a roll call vote of"aye" by the Trustees, was unanimously adopted; the Trustees then passed the following resolutions: BE IT RESOLVED by the Board of Trustees of Sanitary and Improvement District No. 608 of Douglas County, Nebraska that the Resolution of Necessity for the District to enter into a Water Main Extension Agreement with MUD for the construction of the water main extension and related appurtenances in South Streams Water — Section I and the payment of related pioneer main fees, the same having been proposed before the Board at the August 9, 2021 meeting of the District. BE IT FURTHER RESOLVED that the Board of Trustees authorized the payment of$2,224,559.00 to Metropolitan Utilities District from the Construction Fund Account as part of these proceedings, to-wit. The Chairman next presented the following invoices and statements to be paid out of the General Fund Account of the District: a. Thompson, Dreessen& Dorner, Inc. for engineering services $2,315.46 relating to general maintenance (No. 145542). b. Fullenkamp Jobeun Johnson& Beller, LLP for legal services $11,945.08 rendered in connection with the budget and annual expenses of the District. c. Kuehl Capital Corporation for advisory fees on the General $ 356.51 Fund Warrants issued at this meeting (2.5%). d. First National Capital Markets for warrant processing fee on $ 365.43 General Fund Warrants issued at this meeting (2.5%). The Chairman next presented the following invoices and statements to be paid out of the Construction Fund Account of the District: a. Thompson, Dreessen & Dorner, Inc. for engineering and $155,000.00 design services relating to various infrastructure projects of the District(No. 145539, 145540, 145541, 145543). b. L.G. Roloff Construction Co. for completion of a portion $936,210.30 of the Storm Sewer and Paving—Section I North improve- ments and in accordance with Pay Est. No. 3. c. Metropolitan Utilities District for construction of the Water $2,224,559.00 System—Section I in South Streams and in accordance with the above approved WMEA. d. Fullenkamp Jobeun Johnson& Beller, LLP for legal serv- $91,301.70 ices rendered in connection with items b. and c. hereinabove (5% and 2%). e. Thiele Geotech, Inc. for compaction testing within ROWs $2,675.64 for Storm Sewer and Paving—Section I (No. 71206, 71612). £ Utilities Service Group for televising of storm sewer mains $2,040.64 in Section I—North (#14972). g. UMB Bank, N.A. for payment of warrant interest due on $72,603.47 outstanding Construction Fund Warrants of the District due 10/1/2021. h. Kuehl Capital Corporation for advisory fees on the Construc- $87,109.77 tion Fund Warrants issued at this meeting (2.5%). i. First National Capital Markets for warrant underwriting fee $89,287.51 on Construction Fund Warrants issued at this meeting (2.5%). Upon a motion made, seconded and upon a roll call vote of"aye", the Board voted four (4) "ayes" and zero (0) "nay" to approve the payments from the General Fund Account and the Construction Fund Account of the District. The Clerk was then directed to attach copies of the invoices to these minutes. After discussion the Resolution contained herein below and by this reference incorporated was duly introduced, seconded and upon a roll call vote of"aye" by the Trustees, was unanimously adopted: BE IT RESOLVED by the Board of Trustees of Sanitary and Improvement District No. 608 of Douglas County, Nebraska that the Chairman and Clerk be and hereby are authorized and directed to execute and deliver Warrants No. 402 through 485, inclusive, of the District, dated the date of this meeting, to the payees, for the following services and in the following amounts, said warrants to draw interest at the rate of 6% per annum, Warrants No. 402 through 407, inclusive, to be payable from the General Fund Account of the District and to be redeemed no later than three (3) years of the date hereof being August 30, 2024 (the "General Fund Warrants"), and Warrants No. 408 through 485, inclusive, to be payable from the Construction Fund Account of the District (interest payable annually) and to be redeemed no later than five (5) years of the date of August 30, 2026 (the "Construction Fund Warrants"), subject to extension of said maturity date by order of the District Court of Douglas County, Nebraska after notice is given as required by law,to-wit: a) Warrant No. 402 for $2,315.46 made payable to Thompson Dreessen & Dorner, Inc. for engineering services relating to general maintenance of the District. b) Warrants No. 403 and 404 for $5,000.00 each and Warrant No. 405 for $1,945.08, all made payable to Fullenkamp Jobeun Johnson & Beller, LLP for legal services and expenses of the District for FY 2021. c) Warrant No. 406 for $356.51 made payable to Kuehl Capital Corporation for advisory fees on the General Fund Warrants issued at this meeting (2.5%). d) Warrant No. 407 for $365.43 made payable to First National Capital Markets for warrant processing fee on General Fund Warrants issued at this meeting (2.5%). e) Warrants No. 408 through 410 for $50,000.00 each and Warrant No. 411 for $5,000.00, all made payable to Thompson Dreessen & Dorner, Inc. for construction design and engineering services on various projects of the District. CF f) Warrant Nos. 412 through 429 for $50,000.00 each and Warrant No. 430 for $36,210.30, all made payable to the L.G. Roloff Construction Co. for completion of a portion of the Storm Sewer & Paving— Section I NORTH improvements and in accordance with Pay Est. No. 3. CF g) Warrants No. 431 through 474 for $50,000.00 each and Warrant No. 475 for $24,559.00, all made payable to Metropolitan Utilities District for construction of the South Streams Water — Section I improvements and water main extension. CF h) Warrant No. 476 for $50,000.00 and Warrant No. 477 for $41,310.70, both made payable to Fullenkamp Jobeun Johnson & Beller, LLP for legal services rendered in connection with items f.) and g.) hereinabove. CF i) Warrant No. 478 for $2,675.64 made payable to Thiele Geotech, Inc. for geotechnical and materials testing of newly constructed Storm Sewer & Paving — Section North improvements. CF j) Warrant No. 479 for $2,040.64 made payable to Utilities Service Group for mandrel testing and televising of newly constructed storm sewer in both Section 1 —North. CF k) Warrant No. 480 for $50,000.00 and Warrant No. 481 for $22,603.47, both made payable to UMB Bank, N.A. for warrant interest due on outstanding Construction Fund Warrants 10/1/2021. CF 1) Warrant No. 482 for $50,000.00 and Warrant No. 483 for $37,109.77, both made payable to Kuehl Capital Corporation for advisory fees on the Construction Fund Warrants issued at this meeting (2.5%). CF m) Warrant No. 484 for $50,000.00 and Warrant No. 485 for $39,287.51, both made payable to First National Capital Markets for warrant underwriting fee on Construction Fund Warrants issued at this meeting (2.5%). CF BE IT FURTHER RESOLVED by the Board of Trustees of Sanitary and Improvement District No. 608 of Douglas County, Nebraska, that the District hereby finds and determines and covenants, warrants and agrees as follows in connection with the issuance of the Construction Fund Warrants: (i) the improvements being financed by the Construction Fund Warrants are for essential governmental functions of the District and are designed to serve members of the general public on an equal basis; (ii) all said improvements have from the time of their first acquisition and construction been owned, are owned and are to be owned by the District or another political subdivision; (iii) to the extent special assessments have been or are to be levied for any of said improvements, such special assessments have been or are to be levied under Nebraska law as a matter of general application to all property specially benefited by said improvements in the District; (iv) the development of the land in the District is for residential or commercial use and the development of the land in the District for sale and occupation by the general public has proceeded and is proceeding with reasonable speed; (v) other than any incidental use of said improvements by a developer during the initial period of development of said improvements, there have been, are and will be no persons with rights to use such improvements other than as members of the general public; (vi) none of the proceeds of said Construction Fund Warrants have been or will be loaned to any private person or entity; and (vii) and the District does not reasonably expect to sell or otherwise dispose of said improvements, in whole or in part, prior to the last maturity of the Construction Fund Warrants. BE IT FURTHER RESOLVED by the Board of Trustees of Sanitary and Improvement District No. 608 of Douglas County, Nebraska that the District hereby covenants and agrees as follows in connection with the issuance of the Construction Fund Warrants: (i) it will comply with all applicable provisions of the Code, including Sections 103 and 141 through 150, necessary to maintain the exclusion from gross income for federal income tax purposes of the interest on the Construction Fund Warrants and (ii) it will not use or permit the use of any proceeds of the Construction Fund Warrants or any other funds of the District nor take or permit any other action, or fail to take any action, if any such action or failure to take action would adversely affect the exclusion from gross income of the interest on the Construction Fund Warrants. In addition, the District will adopt such other resolutions and take such other actions as may be necessary to comply with the Code and with all other applicable future laws, regulations, published rulings and judicial decisions, in order to ensure that the interest on the Construction Fund Warrants will remain excluded from federal gross income to the extent any such actions can be taken by the District. The District covenants and agrees that (i) it will comply with all requirements of Section 148 of the Code to the extent applicable to the Construction Fund Warrants, (ii) it will use the proceeds of the Construction Fund Warrants as soon as practicable and with all reasonable dispatch for the purposes for which the Construction Fund Warrants are issued, and (iii) it will not invest or directly or indirectly use or permit the use of any proceeds of the Construction Fund Warrants or any other funds of the District in any manner, or take or omit to take any action, that would cause the Construction Fund Warrants to be "arbitrage bonds" within the meaning of Section 148(a) of the Code. The District covenants and agrees that it will pay or provide for the payment from time to time of all amounts required to be rebated to the United States pursuant to Section 148(f) of the Code and any Regulations applicable to the Construction Fund Warrants from time to time. This covenant shall survive payment in full of the Construction Fund Warrants. The District specifically covenants to pay or cause to be paid to the United States, the required amounts of rebatable arbitrage at the times and in the amounts as determined by reference to the Code and the Regulations. Pursuant to the "small issuer exception" set forth below, the District does not believe the Construction Fund Warrants will be subject to rebate. The District covenants and agrees that (to the extent within its power or direction) it will not use any portion of the proceeds of the Construction Fund Warrants, including any investment income earned on such proceeds, directly or indirectly, in a manner that would cause any Construction Fund Warrant to be a "private activity bond". The District makes the following representations in connection with the exception for small governmental units from the arbitrage rebate requirements under Section 148(f)(4)(D) of the Code: (i) the District is a governmental unit under Nebraska law with general taxing powers; (ii) none of the Construction Fund Warrants is a private activity bond as defined in Section 141 of the Code; (iii) ninety-five percent or more of the net proceeds of the Construction Fund Warrants are to be used for local governmental activities of the District; (iv) the aggregate face amount of all tax-exempt obligations (other than "private activity bonds," but including any tax-exempt lease-purchase agreements) to be issued by the District during the current calendar year is not reasonably expected to exceed $5,000,000; and (v) the District (including all subordinate entities thereof) will not issue in excess of $5,000,000 of tax-exempt indebtedness (other than "private activity bonds" and certain refunding bonds, but including any tax-exempt lease-purchase agreements) during the current calendar year without first obtaining an opinion of nationally recognized counsel in the area of municipal finance that the excludability of the interest on the Construction Fund Warrants from gross income for federal tax purposes will not be adversely affected thereby. BE IT FURTHER RESOLVED by the Board of Trustees of Sanitary and Improvement District No. 608 of Douglas County, Nebraska that the District hereby designates the Construction Fund Warrants as its "qualified tax-exempt obligations"under Section 265(b)(3)(B)(i)(III) of the Code. BE IT FURTHER RESOLVED by the Board of Trustees of Sanitary and Improvement District No. 608 of Douglas County, Nebraska that this and the preceding Resolutions are hereby adopted as the Certificate with Respect to Arbitrage of the District pertaining to the Construction Fund Warrants and the District hereby further certifies, as of the date of the registration of the Construction Fund Warrants with Douglas County,Nebraska as follows: 1. The District reasonably anticipates that a portion of the monies in its Bond Fund will be expended for payment of principal of and interest on its bonds and/or construction fund warrants of the District within 12 months after receipt of such monies. The District hereby establishes a reserve fund within its Bond Fund in connection with the issuance of the Construction Fund Warrants in the amount equal to the least of (i) 10% of the stated principal amount of the Construction Fund Warrants, (ii) the maximum annual debt service due on the Construction Fund Warrants during any fiscal year, or (iii) 125% of the average annual debt service for the Construction Fund Warrants over the term of such warrants. That amount that is currently held in the District's Bond Fund which exceeds the amount to be expended for payment of principal and interest on the bonds and/or construction fund warrants of the District within 12 months after receipt of such monies, plus that amount arrived at pursuant to the immediately preceding sentence, will not be invested in any securities or any other investment obligations which bear a yield, as computed in accordance with the actuarial method, in excess of the yield on the Construction Fund Warrants. 2. To the best of their knowledge, information, and belief, the above expectations are reasonable. 3. The District has not been notified of any listing of it by the Internal Revenue Service as an issuer that may not certify its debt. 4. This Certificate is being passed, executed and delivered pursuant to Section 1.148-2 (b) (2) of the Income Tax Regulations under the Code (the "Regulations"). BE IT FURTHER RESOLVED by the Board of Trustees of Sanitary and Improvement District No. 608 of Douglas County, Nebraska the District hereby authorizes and directs the Chair or Clerk to file or cause to be filed, when due, an information reporting form pursuant to Section 149(e) of the Internal Revenue Code of 1986, as amended (the "Code"), pertaining to the General Fund Warrants and the Construction Fund Warrants; and, No opinion of nationally recognized counsel in the area of municipal finance has been delivered with respect to the treatment of interest on the General Fund Warrants. Purchasers of the General Fund Warrants are advised to consult their tax advisors as to the tax consequences of purchasing or holding the General Fund Warrants. (Remainder of page intentionally left blank; signatures on following page) MINUTES SIGNATURE PAGE FROM THE MEETING OF SANITARY AND IMPROVEMENT DISTRICT NO. 608 OF DOUGLAS COUNTY, NEBRASKA, HELD ON AUGUST 30, 2021 — ANNUAL BUDGET MEETING There being no further business to come before the meeting,the meeting was adjourned. Jeff 1 ' , hairman Drew Snyder, Clerk ACKNOWLEDGMENT OF RECEIPT OF NOTICE OF MEETING The undersigned Trustees of Sanitary and Improvement District No.608 of Douglas County, Nebraska do hereby acknowledge receipt of advanced notice of a meeting of the Board of Trustees of said District and that the agenda for such meeting,held at 9:30 a.m. on August 30,2021,at 20010 Manderson Street, Elkhorn, Nebraska, is kept continuously current and available for public inspection at the office of the District's counsel at 11440 W.Center Road,Omaha,Nebraska during normal business hours. DATED this day of August, 2021. CERTIFICATE The undersigned being Clerk of Sanitary and Improvement District No. 608 of Douglas County,Nebraska hereby certifies that Notice of meeting of the Board of Trustees of said District held on August 30, 2021, was delivered to the City Clerk of Omaha, Nebraska, via facsimile or electronic mail transmittal, at least seven(7) days prior to the date of said meeting. The undersigned further certifies that the agenda for the meeting of the Board of Trustees of said District was prepared and available for public inspection pursuant the instructions contained in the notice of meeting given in advance thereof by publication in The Daily Record on August 25, 2021, and that no items were added to the agenda after the commencement of the meeting; and further,that the minutes for the meeting were available for public inspection within ten(10)days of the date of said meeting and that a copy of the minutes of this meeting were sent to the Douglas County Clerk, Omaha, Nebraska and the City Clerk of Omaha, Nebraska within thirty (30) days from the date of this meeting. Drew Snyder, Clerk RESOLUTION AND EXTRACT OF MINUTES OF BUDGET HEARING AND SPECIAL PUBLIC HEARING TO ADOPT BUDGET AND SET FINAL TAX REQUEST SANITARY AND IMPROVEMENT DISTRICT NO. 608 OF DOUGLAS COUNTY,NEBRASKA The Budget Hearing of Sanitary and Improvement District No.608 was held the 30's day of August, 2021 at 9:30 a.m. Three (3) copies of the proposed budget statement were available to the public. The Chairman then presented the proposed budget of the District outlining the key provisions of the proposed budget statement, including, but not limited to, a comparison with the prior year's budget and advised that the Budget Summary had been published in The Daily Record a legal newspaper of Douglas County, Nebraska on August 25, 2021, a copy of the Proof of Publication being attached to these minutes. The floor was then opened for public comment on the proposed budget statement.All members of the public wishing to address the governing body were provided a reasonable amount of time to do so. It was then advised that no one owning property or having a vested interest in the property located within the boundaries of the District appeared at this hearing on the proposed Budget and Budget Summary to offer support,opposition,criticism,suggestions,or observations concerning the proposed Budget.The Chairman noted that the budget complies with the current provisions of the Nebraska Lid Law, and that the property taxes for the Bond Fund and General Fund are as follows: Bond Fund $-0- $0.0 General Fund $41,793.03 $0.900000 Total $41,793.03 $0.900000 Following discussion concerning the budget, a motion was duly made, seconded,and approved by unanimous vote of the Board of Trustees to adopt the budget as proposed for the 2021/22 fiscal year. The Clerk was then directed to attach a copy of the budget as adopted to these minutes. The undersigned hereby certifies that he is the duly elected, qualified and acting Clerk of Sanitary and Improvement District No. 608 of Douglas County, Nebraska, and that the foregoing extract is a full, true, and complete copy of that portion of the Minutes as it claims to be and that the foregoing resolutions have been spread upon the minutes of the District. Dated this 30th day of August, 2021. DREW SNYDER, CLERK 0 to co e a a a a = CD CD -o. a d o o -1 0` p o. p N IVN.) re Co CD 13 A o 0) v o i a m m D 'A cn =� 0 1 m a co o cto 5 n co coJ CD 0 O N o a) °I cn O p w w Z c o rn coo co w 0 > 7 y 1- CD 4a. 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N o O THEDAILY RECORD Public Notice Placement Confirmation Please notify us of any changes ASAP at lectalsa.omahadailyrecord.com Scheduled Publication 8/25 FULLENKAMPJOBEUN JOHNSON&BELLER LLP 11440 West Center Road Omaha,Nebraska 68144 SANITARY AND IMPROVEMENT DISTRICT NO.608 OF DOUGLAS COUNTY,NEBRASKA NOTICE OF BUDGET HEARING AND BUDGET SUMMARY PUBLIC NOTICE is hereby given,in compliance with the provisions of State Statute Sections 13- 501 to 13-513,that the governing body will meet on the 30th day of August,2021 at 9:30 A.M.at 20010 Manderson Street,Omaha,Nebraska,for the purpose of hearing support, opposition,criticism,suggestions,or observations of taxpayers relating to the following proposed budget.The budget details for this meeting are available for public inspection at the office of the Clerk at 11440 West Center Road,Omaha,Nebraska during regular business hours,which meeting will be open to the public. 2019-2020 Actual Disbursements&Transfers $ - 2020-2021 Actual Disbursements&Transfers $ 2,137,331.00 2021-2022 Proposed Budget of Disbursements&Transfers $ 10,163,500.00 2021-2022 Necessary Cash Reserve $ 6,473.56 2021-2022 Total Resources Available $ 10,169,973.56 Total 2021-2022 Personal&Real Property Tax Requirement $ 41,793.03 Unused Budget Authority Created For Next Year N/A Breakdown of Property Tax: Personal and Real Property Tax Required for Non-Bond Purposes $ 41,793.03 Personal and Real Property Tax Required for Bonds $ _ NOTICE OF SPECIAL PUBLIC HEARING TO SET FINAL TAX REQUEST PUBLIC NOTICE is hereby given, In compliance with the provisions of State Statute Section 77-1601.02,that the governing body will meet on the 30th day of August,2021,and will commence immediately upon adjournment of the preceding Budget Hearing and Budget Summary,which will begin at 9:30 A.M.at 20010 Manderson Street,Omaha, Nebraska for the purpose of hearing support,opposition,criticism,suggestions,or observations of taxpayers relating to setting the final tax request at a different amount than the prior year tax request. 2020 2021 Change Operating Budget - $10,163,500.00 0% Property Tax Request - $ 41,793.03 0% Valuation $ -0- $ 4,643,670 0% Tax Rate - 0.900000 0% Tax Rate If Prior Tax Request was at Current Valuation - 8/25 ZNEZ FULLENKAMPJOBEUN JOHNSON&BELLER LLP 11440 West Center Road Omaha,Nebraska 68144 SANITARY AND IMPROVEMENT DISTRICT NO.608 OF DOUGLAS COUNTY,NEBRASKA NOTICE OF REGULAR MEETING NOTICE IS HEREBY GIVEN that the regular board meeting of Sanitary and Improvement District No.608 of Douglas County,Nebraska will commence immediately upon adjournment of the preceding Budget Hearing and Special Public Hearing,which will begin at 9:30 A.M.on August 30,2021,and continue until all attendee(s)testimony has concluded,which meeting will be open to the public.An agenda for such meeting,kept continuously current is available for public Inspection at 11440 West Center Road,Omaha,Nebraska,and Includes the payment of bills and other business of the District. Clerk of the District 8/25 ZNEZ All notice submissions, changes and cancellations must be made by 2 p.m. two weekdays prior to publication, or by earlier deadlines noted in your confirmation email in advance of court holidays. Please note the The Daily Record reserves the right to delay publication if we are unable to reach you to resolve questions or concerns. Sanitary and Improvement District#608 IN Douglas County, Nebraska NOTICE OF BUDGET HEARING AND BUDGET SUMMARY PUBLIC NOTICE is hereby given, in compliance with the provisions of State Statute Sections 13-501 to 13-513,that the governing body will meet on the day of 2021,at o'clock , at for the purpose of hearing support, opposition, criticism, suggestions or observations of taxpayers relating to the following proposed budget. The budget detail is available at the office of the Clerk during regular business hours. 2019-2020 Actual Disbursements&Transfers $ _ III 2020-2021 Actual Disbursements&Transfers $ 2,137,331.00 2021-2022 Proposed Budget of Disbursements&Transfers $ 10,163,500.00 2021-2022 Necessary Cash Reserve $ 6,473.56 2021-2022 Total Resources Available $ 10,169,973.56 Total 2021-2022 Personal&Real Property Tax Requirement $ 41,793.03 Unused Budget Authority Created For Next Year N/A Breakdown of Property Tax: Personal and Real Property Tax Required for Non-Bond Purposes $ 41,793.03 Personal and Real Property Tax Required for Bonds $ - NOTICE OF SPECIAL HEARING TO SET FINAL TAX REQUEST PUBLIC NOTICE is hereby given, in compliance with the provisions of State Statute Section 77-1601.02,that the governing body will meet on the day of 2021, at o'clock , at for the purpose of hearing support, opposition,criticism, suggestions or observations of taxpayers relating to setting the final tax request. 2020 2021 Change Operating Budget - 10,163,500.00 0% Property Tax Request $ - $ 41,793.03 0% Valuation 0 4,643,670 0% Tax Rate - 0.900000 0% Tax Rate if Prior Tax Request was at Current Valuation - CERTIFICATION OF TAXABLE VALUE And VALUE ATTRIBUTABLE TO GROWTH TAX YEAR 2021 TO: Whom it May Concern TAXABLE VALUE LOCATED IN THE COUNTY OF DOUGLAS Name of Subdivision *2021 Value 2021 Total Political Subdivision Type Attributable to Growth Taxable Value 608 SID $522,070 $4,643,670 * Value attributable to growth is determined pursuant to section 13-518 which includes real and personal property and annexation, if applicable. Pursuant to section 13-509, I Diane L. Battiato, CPO, Douglas County Assessor/Register of Deeds hereby certifies that the valuation listed herein is, to the best of my knowledge and belief, the true and accurate taxable valuation for the current year. clogoanal "'I* & e August 20, 2021 Date CC: County Clerk, Douglas County Note to political subdivision: A copy of the certification of Value must be attached to budget document. Form provided by the State of Nebraska Department of Property Assessment&Taxation, 2010 St: W N N N N N N N N N Z O (O OD J °) 01 A W N O 8 8 V 8 N A W it a‘ O (DDaJ a Di A W N O ;1 0 CO 1 1 1 '- 0 0 0 0 0 0 0 0 1 1 1 r r r co (n (n m -n a N O 5 Z CO CC) m S' 0 0 io a µ a Q .5. a m Q 30 = = 2 0 0 (onff E' S) m d a o C c_ m ^ (c N N 3 N !n (n N D) @ C 41 () N N (D (D (D o O ° .- O _ A on O m m 0 (D (D (D (D O - @ A A m x 73 A X 33703,9 d = '7 3 N = CD CD CD n O c O O y 0 0 N N 0 0 X CD CC O = V 'O "O V -O O -a 2 = �' y N W w VT7 -a D ° O o O t CO O m 0 &I m co &7 LT in m m -�-a A C c � w OII- $ Cf R c m 3 3 a ,o< c3 m 90 ° 1 c O 5 m v O [n 3 ci m s y EDI 0 g = y Et s a c > v m Dl d 1) c 2 o 0 0 H m P. o T2 c w TO m tg Qe 73 o, co m m m = �' a D 1.a co iO m CD el COCDCD a' a o (u m m {..1 1)2 y (4 ` D) m n ID N a y d N N N a .D�. r C N X O X N 1 j V '' I m = x m _ ^ -loo A y a 0 a x ? � 0 o 5 m m 0 u, m a ° �' ? 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E \ a X a ° z o k % 2 8 E � \ o m a { { -i \ ( . m $ O \ i 0 Cl, Z » 0 k % r- a E & CO 0 \ r E CO 0 / _c. aa \ 3 / ° CD » > 2 0 j / \ 73m SID # 608 in Douglas County 2021-2022 LID SUPPORTING SCHEDULE Calculation of Restricted Funds Total Personal and Real Property Tax Requirements 1 ) $ 41,793.03 Motor Vehicle Pro-Rate (2) $ - In-Lieu of Tax Payments (3) $ Transfers of Surplus Fees (4) $ Prior Year Budgeted Capital Improvements that were excluded from Restricted Funds. Prior Year Capital Improvements Excluded from Restricted Funds (From Prior Year Lid Exceptions, Line (10)) $ - (5) LESS: Amount Spent During 2020-2021 $ - (6) LESS: Amount Expected to be Spent in Future Budget Years $ - (7) Amount to be included as Restricted Funds(Cannot be a Negative Number) (8) $ Nameplate Capacity Tax (8a) $ TOTAL RESTRICTED FUNDS (A) (9) $ 41,793.03 Lid Exceptions Capital Improvements (Real Property and Improvements on Real Property) $ - (10) LESS: Amount of prior year capital improvements that were excluded from previous lid calculations but were not spent and now budgeted this fiscal year (cannot exclude same capital improvements from more than one lid calculation.) Agrees to Line(7). $ - (11) Allowable Capital Improvements (12) $ - Bonded Indebtedness (13) $ - Public Facilities Construction Projects (Statutes 72-2301 to 72-2308) (14) Interlocal Agreements/Joint Public Agency Agreements (15) $ - Judgments (16) Refund of Property Taxes to Taxpayers (17) Repairs to Infrastructure Damaged by a Natural Disaster (18) TOTAL LID EXCEPTIONS (B) (19) $ - TOTAL RESTRICTED FUNDS For Lid Computation (To Line 9 of the Lid Computation Form) $ 41,793.03 To Calculate: Total Restricted Funds(A)-Line 9 MINUS Total Lid Exceptions(B)-Line 19 Total Restricted Funds for Lid Computation cannot be less than zero. See Instruction Manual on completing the Lid Supporting Schedule. Page 4 SID#608 in Douglas County LID COMPUTATION FORM FOR FISCAL YEAR 2021-2022 PRIOR YEAR RESTRICTED FUNDS AUTHORITY OPTION 1 OR OPTION 2 OPTION 1 2020-2021 Restricted Funds Authority=Line(8)from last year's Lid Computation Form - Option 1 -(1) OPTION 2 On/v use if a vote was taken last year at a townhall meeting to exceed Lid for one year Line(1)of Prior Year Lid Computation Form Option 2-(A) Allowable Percent Increase Less Vote Taken From Prior Year Lid Computation Form Line(6)-Line(5) Option 2-(B) I Dollar Amount of Allowable Increase Excluding the vote taken Line(A)times Line(B) - I�, Option 2-(C) Calculated 2020-2021 Restricted Funds Authority(Base Amount) Line(A) Plus Line(C) - Option 2-(1) CURRENT YEAR ALLOWABLE INCREASES I 1 BASE LIMITATION PERCENT INCREASE(2.5%) 2.50 % (2) ElALLOWABLE GROWTH PER THE ASSESSOR MINUS 2.5% - % 522,070.00 / - _ - % (3) 2021 Growth 2020 Valuation Multiply times per Assessor 100 To get% ❑3 ADDITIONAL ONE PERCENT BOARD APPROVED INCREASE - % / _ - % (4) #of Board Members Total#of Members Must be at least voting"Yes"for Increase in Governing Body at .75(75%)of the Meeting Governing Body ATTACH A COPY OF THE BOARD MINUTES APPROVING THE INCREASE. SPECIAL ELECTIONITOWNHALL MEETING-VOTER APPROVED%INCREASE (5) Please Attach Ballot Sample and Election Results OR Record of Action From Townhall Meeting TOTAL ALLOWABLE PERCENT INCREASE= Line(2)+Line(3)+ Line(4)+ Line(5) 2.50 % (6) Allowable Dollar Amount of Increase to Restricted Funds=Line(1)x Line(6) - (7) Total Restricted Funds Authority= Line (1)+Line(7) - (8) Less: Restricted Funds from Lid Supporting Schedule 41,793.03 (9) Total Unused Restricted Funds Authority=Line(8)-Line(9) N/A (10) LINE(10)MUST BE GREATER THAN OR EQUAL TO ZERO OR YOU ARE IN VIOLATION OF THE LID LAW. The amount of Unused Restricted Funds Authority on Line(10)must be published in the Notice of Budget Hearing. Page 5 SID # 608 in Douglas County 2021-2022 CAPITAL IMPROVEMENT LID EXEMPTIONS Description of Capital Improvement Amount Budgeted Total -Must agree to Line 10 on Lid Support Page 4 $ - Page 8 2021-2022 Levy Limit Form Sanitary and Improvement Districts SID # 608 in Douglas County Total Personal and Real Property Tax Request $ 41,793.03 (1) Less Personal and Real Property Tax Request for: Judgments (not paid by liability insurance coverage) ( (A) Preexisting lease-purchase contracts approved prior to July 1. 1998 ( ) (B) Bonded Indebtedness ( $ - ) (c) Public Facilities Construction Projects (Statutes 72-2301 to 72-2308) ( ) (D) Total Exclusions ( $ - ) (2) Personal and Real Property Tax Request subject to Levy Limit $ 41,793.03 (3) Valuation(Per the County Assessor) $ 4,643,670.00 (4) Calculated Levy for Levy Limit Compliance 0.900000 [Line(3) Divided By Line(4) Times 1001 (5) Note : Levy Limit established by State Statute Section 77-3442: Sanitary and Improvement District(SID) Levy-40 cents Attach supporting documentation if a vote was held to exceed levy limits. Page 7 REPORT OF JOINT PUBLIC AGENCY AND INTERLOCAL AGREEMENTS REPORTING PERIOD JULY 1, 2020 THROUGH JUNE 30, 2021 SID #608 Douglas County SUBDIVISION NAME COUNTY Amount Used as Lid Parties to Agreement Agreement Period Description Exemption (Column 7) (Column 2) (Column 3) (Column 4) Total Amount used as Lid Exemption $ - REPORT OF TRADE NAMES, CORPORATE NAMES, BUSINESS NAMES REPORTING PERIOD JULY 1, 2020 THROUGH JUNE 30, 2021 SID #608 Douglas County SUBDIVISION NAME COUNTY List all Trade Names, Corporate Names and Business Names under which the political subdivision conducted business. Sanitary and Improvement District No.608 of Douglas County, Nebraska 2020/2021 Valuations-Final 0 2020/2021 Levy General Fund 0.000000 Bond Fund 0.000000 Total Levy 0.0000 2020/2021 Estimated Taxes General Fund 0.00 Bond Fund 0.00 0.00 2021/2022 Valuations -Final 4,643,670 2021/2022 Levy General Fund 0.009000 Bond Fund 0.000000 Total Levy 0.0090 2021/2022 Estimated Taxes General Fund 41,793.03 Bond Fund 0.00 41,793.03 2021/2022 GROWTH 522,070 2021/2022 GROWTH ALLOCATION #DIV/0! LESS: BASE LIMITATION 2.50% ALLOWABLE GROWTH LESS BASE #DIV/0! D n. g a) v °- m m 3 0 /1\ -c _ mY fD 0 x NJ 1 C = co O OJ 1D D —1 *. ,=. O M D = N T < D N W, .4 = .G N O 0 v� d, O =CI to NJ N m t71 F. 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Qx o = O NUNN N NNN : n 2 d dd O OAAmOo N a 1A j 3 CIO O m m N a 0 vi ' D -1 c O r d o = m o N °-) � o f0 n 5 C) -I a A y i d c d (3p m ci m o A y :LaiQ. 2 m o o a = _. ? d c a D < n m A -I �) iss m 2 v , m m Q N m m . n e d W a m 0 d n n O mr ii CD a)W 'O N N N la N -0 N r -C'o N x N x 5 ? d 9 (O I ro p0 o ° m a - -0 it CD CD d D N N N st to- U .d'. x V N N n s 0 3 m m •o 2 m C 2 N y > r v m 2 0 .. c v o 2 c 5. m o d z N v4 y 1 0 69 69 69 69 -9 69 69 a e) EA 69 ei e) e) el 69 el 69 -9 69 of EA e) 69 vi d V_) :,4::::: d Q 0 (I) ei fA 69 CO e3 69 69 e) 69 69 69 69 69 e) e> el 69 69 69 69 (A e) 69 e) e) i' I 3 m m m t'; o 14 a m -Cf r. c Pi S " n e) e) e) e) ▪3' m c a 3 m S n <9 e) 49 fA E9 4 69 69 69 9 vi 69 69 ei 69 69 .9 9 e) 69 69 69 69 !A v) ^ nr 0 ▪ r > m r C O O 0 A • FULLENKAMP JOBEUN THE DAILY RECORD JOHNSON&BELLER LLP 11440 West Center Road 1�11'�Ilt�OM A h A Omaha,Nebraska 68144 OF SANITARY AND IMPROVEMENT JASON W.HUFF,Publisher DISTRICT COU NO.608 OFN BR PROOF OF PUBLICATION DOUDISSCCTN NOTICE-OF MEETING AND RESOLUTION UNITED STATES OF AMERICA, NOTICE IS HEREBY GIVEN that a meeting The State of Nebraska, as. of the Board of Trustees of Sanitary and District of Nebraska, Improvement District No. 608 of.Douglas County will be held at 20010 Manderson County of Douglas, Street,Elkhorn,Nebraska;68022,on August City of Omaha, 30,2021 at 9:OO a.m.,which meeting will be open to the public and held in accordance with the Nebraska Open Meetings Act. An Agenda JASON W.HUFF and/or SCOTT STEWART for such meeting,kept continuously current,is available for public inspection at 11440 West being duly sworn,deposes and say that they are the Center Road, Omaha, Nebraska and includes the payment of bills of the District and the consideration and passing or amending and PUBLISHER and/or MANAGING EDITOR BE passing T RES the OILVED that the Board f Trustees of THE DAILY RECORD, of Omaha, a legal8 newspaper,printed and of Sanitary and Improvement District No. published daily in the English language, having a bona fide paid 608 of Douglas County, Nebraska find and determine that it is advisable and necessary to circulation in Douglas County in excess of 300 copies, printed in construct the SOUTH STREAMS SANITARY Omaha,in said County of Douglas,for more than fifty-two weeks last SEWER be constructed as N follows:h improvements past; that the printed notice hereto attached was published in THE Construct 8-inch I.D. Sanitary Sewer in the following locations: DAILY RECORD,of Omaha.on IN:R STREET August 18 Beginning at point 10 feet West and 40 feet North of the northerly-most corner of Lot 55,South Streams,a subdivision as surveyed, & 25, 2021 platted and recorded in Douglas County, Nebraska;thence,southeasterly for a distance of 77 feet,more less,to a point 6 feet east and:25.feet north of the northwesterly-most corner of Lot 56, said subdivision; thence, That said Newspaper during that time was regularly published and easterly for a distance of 595 feet, more or ty o Douglas,and State of Nebraska. less,to a point 2 feet west and 25 feet north GENERAL NOTARY-State of Nebraska of the northeasterly-most corner of Lot 63, ELLEN FREEMAN said subdivision; thence, southeasterly for a distance of 60 feet,more or less,to a point 44 � My Comm.EIp.December 11,2021 •,, -• in my presence and sworn to before feet east and 23 feet south of the northeasterly- '" 392.48 25th most corner of Lot 63,said subdivision. publisher's Fee $ m: this day of Beginning at a point 36 feet west and 22 feet south of the southwesterly most.corner Au!to st • of Lot 3, South Streams, a subdivision as Additional Copies $ - 2 surveyed, platted and recorded in Douglas Total $392.48 'fir . i County, Nebraska; thence, easterly for a F, f • distance of 270 feet,more or less,to a point 25 ary Public in and for Douglas County,feet south of the southwesterly-most corner of State of Nebraska Lot 7,said subdivision. Beginning at a point 7 feet west and 25 feet south of the southwesterly-most corner of Lot 9, South Streams, a subdivision as surveyed, platted and recorded in Douglas County, Nebraska;thence,easterly for a distanceof 310 feet,more or less,to a point 9 feet north and 24 feet west of the southerly-most corner of Lot 13,said subdivision;thence,southerly for a distance of 250 feet,more or less,to a point 42 I 4 feet east and 2 feet north of the easterly-most corner of Lot 16,said subdivision. • • • • IN 199TH(MCI F IN V STREET IN EASEMENT Beginning at a point 25 feet west and 48 feet Beginning at a point 30 feet west and 28 feet Beginning at a point 56 feet west and 8 feet north of the northwesterly-most corner of Lot south of the southwesterly-most corner of Lot north of the northeasterly-most corner of Lot 20,South.Streams,a subdivision as surveyed, 119,South Streams,a subdivision as surveyed, 208,South Streams,a subdivision as surveyed, platted and recorded in Douglas County, platted and recorded in Douglas County, platted and recorded in Douglas County, Nebraska; thence, northerly for a distance of Nebraska; thence, easterly for a distance of 'i. Nebraska;thence,northwesterly for a distance 125 feet,more or less,to a point 7 feet west 705 feet,more or less,to oint 21 feet north of 222 feet,more or less,to a point 8 feet east and 25 feet south of the southwesterly-most and 14 feet west of the northwesterly-most and 20 feet south of the northeasterly-most corner of Lot 9,said subdivision. corner of Lot 156, said subdivision;thence, corner of Lot 214,said subdivision. Beginning at a point 19 feet west and 17 feet northeasterly for a distance of 1,565 feet,more IN 200TH CIRCLE north of the northwesterly-most corner of Lot or less,to a point 42 feet east and 2 feet north Beginning at a point 20 feet west and 15 226,South Streams,a subdivision as surveyed, of the easterly-most corner of Lot 16, said feet south of the northwesterly-most corner platted and recorded in Douglas County, subdivision. of Lot 224, South Streams, a subdivision as Nebraska; thence, northerly for a distance of IN Ohm OT H surveyed, platted and recorded in Douglas 112 feet,more or less,to a point 10 feet west Beginning at a point 20 feet south and 15 County, Nebraska; thence, north and I and 45 feet south of the southwesterly-most east of the southeasterly-most corner of Lot northwesterly for a distance of 595 feet,more corner of Lot 228,said subdivision. 129,South Streams,a subdivision as surveyed, or less, to a point 10 feet west and 25 feet IN S STREET platted and recorded in Douglas County, north of the northeasterly-most corner of Lot Beginning at a point 25 feet north of the Nebraska; thence, southwest and southerly 219,said subdivision. northeasterly-most corner of Lot 75, South for a distance of 150 feet, more or less, to The above-described work shall include Streams,a subdivision as surveyed,platted and a point 22 feet east and 12 feet north of the the construction of all excavating, sewer taps recorded In Douglas County,Nebraska;thence, southeasterly-most corner of Lot 132, said to existing manholes, service wyes, sewer easterly for a distance of 800 feet, more or subdivision; thence, southeastand westerly slants, sewer stubs, manholes, removal and less, to a point 25 feet west and 5 north of for a distance of 230 feet, more or less, to relocating cutfall sewer and all other work the northwesterly-most corner of Lot 167,said '.. a point 7 feet west and 24 feet north of the necessary to the construction of South Streams subdivision. northeasterly-most corner of Lot 137, said Sanitary Sewer for Sanitary and Improvement IN T STREET : subdivision; thence, northeast and easterly District No.608 of Douglas County,Nebraska In Beginning at a point 25 feet north of the for a distance of 500 feet,more or less,to a accordance with the plans and specifications. northeasterly-most corner of Lot 96, South : point 25 feet west and 20 feet north of the The outer boundaries of the area which Streams, a subdivision as surveyed, platted I: southwesterly-most corner of Lot 152, said may become subject to special assessments and recorded In Douglas County, Nebraska; : subdivision. for said improvements are proposed to be thence, easterly for a distance of 570 feet, , Beginning at a point 25 feet south of the the same as the outer boundaries of Sanitary more or less,to a point 32 feet west and 25 southeasterly-most corner of Lot 127, South and Improvement District No.608 of Douglas south of the southwesterly-most corner of Lot Streams, a subdivision as surveyed, platted County,Nebraska. 88,said subdivision;thence,southeasterly for and recorded in Douglas County, Nebraska; Said plans and spedfications have been a distance of 100 feet,more or less,to a point thence, easterly for a distance of 230 feet, prepared and reviewed by Thompson Dreessen 40 feet east of the northeasterly-most corner of :. more or less, to a point 6 feet west and 24 &Dorner, Inc., engineers for the District and Lot 103,said subdivision. feet south of the southeasterly-most corner of said engineers have filed with the Clerk of TN II STREET Lot 123,said subdivision;thence,southeasterly the District, prior to the first publication of Beginning at a point 25 feet south of the for a distance of 120 feet,more or less,to a this Resolution,an estimate of the total costs. southeasterly-most corner of Lot 109, South point 28 feet west and 10 feet north of the of said improvement, Including engineering Streams, a subdivision as surveyed, platted northeasterly-most corner of Lot 143, said fees,legal fees,fiscal fees,interest and other and recorded in Douglas County, Nebraska; subdivision. miscellaneous costs, which estimate is In the thence, easterly for a distance of290 feet, IN HWS CI FVELAND BLVD sum of$2,100,000.00. more or less,to a point 14 feet west and 19 Beginning at a point 65 feet south and 30 To pay the cost of said Improvement the south of the southwesterly-most corner of Lot feet east of the southeasterly-most corner Board of Trustees shall have the power to 109, said subdivision; thence, southeasterly of Lot 198, South Streams, a subdivision as issue negotiable bonds of the District after for a distance of 100 feet, more or less, to surveyed, platted and recorded in Douglas such improvements have been completed and a point 35 feet east and 20 feet north of the County, Nebraska; thence, westerly for a accepted; said bonds to be called "Sanitary northeasterly-most corner of Lot 114, said _distance of 430 feet,more or less,to a point 25 and Improvement District Bonds"and shall be subdivision. - feet west and 70 feet south of the southerly-701st STREET Y payable andt bear State interest as provided by the most corner of Lot 194,said subdivision. Statutes of the State of Nebraska. Beginningtat a pointo e9 feet east and 23 STREETatThe Board of Trusteesbnt shall assess to the feetsouth of the nStreams, corner Beginningtf a point 25 feet west r and 70 ot of special benefits, the cost specially of Lot , South ands a innivDou as feet94 south Streams,the a subdimostc slur ofa Lot improvements y _ properties specially surveyed, pated and recorded Doorlaa , p94t South a niviDou la surveyed, which thereby.be .edll-sped the ments County, Nebraska;0fethence,r southerly for a, platted and e,recorded in Douglas County, spsl may be levied uponimthe properties 0feet distance o 450 feet, more or less,to a point I forNebraska;a ir thence, north and northeasterly to a when collected,be by such de and constitute shall,a most corner stct east and 10 ,north subdivision;f the ssn ence, pot d4tfeet o and;.mare orw less,toe : sinks collected,be set y aof inter st d mot er yf or 8di stanceof0 thence, point feet north and 50 feet west the sinking fund for the payment. heof interest and southwesterly le , for a distance of feet,t more; northwesterly-mosto ;thence,corner of Lot 195, said prindpal of said bonds. The District shall e or less,to a point rl feett east and 20 feet north; subdivision; eastm and northeasterly less,to nt cause to be leviedannuallythe a tax upon the of the northeasterly-most corner of Lot 114,! a distance of 520 feet,more or less,to a point assessed value of all of the taxable property said subdivision. 16 feet west and 19 feet north of the westerly- in the District except intangible property,which Beginning at a point 25 feet west and 20 feet most corner of Lot 204,said subdivision. together with said sinking fund derived from north of the southwesterly-most corner of Lot Beginning at a point 13 feet west and 21 special acoeots shall be sufficient to meet 152,South Streams,a subdivision as surveyed, feet north of the northwesterly-most corner payment off the the interest and principal of said platted and recorded In Douglas County, of Lot 206,South Streams, a subdivision as bonds as the same become due;said tax.shall Nebraska;thence,southerly for a distance of surveyed, platted and recorded in Douglas be known as the Sanitary and Improvement 90 feet,more or less,to a point 7 feet east and County, Nebraska; thence, northeast and District Tax and shall be payable annually.in 42 north of the southeasterly-most comer of easterly for a distance of 710 feet, more or money. Lot 144,said subdivision;thence,southeasterly less,to a point 25 feet north and 3 feet west If a petition opposing this Resolution,signed for a distance of 290 feet,more or less,to a I of the northwesterly-most corner of Lot 210, by property owners representing a majority of point 178-feet east and 193 feet south of the said subdivision. the front footage which may become subject to southeasterly-most comer of Lot 143, said IN OUTI OT K assessment for the cost of the improvements subdivision. Beginning at a point 53 feet west.and 107 as set forth herein,is filed with the Clerk of the IN 201ST AVFNUE feet north of the southerly-mosfcornerofOutlot District within three(3)days before the date of Beginning at a point 35 feet north and 20 ! K,South Streams,a subdivision as surveyed, the hearing on this Resolution,this Resolution feet west of the northerly-most corner of Lot platted and recorded in Douglas County, shall not be passed. 168,South Streams,a subdivision as surveyed, Nebraska; thence, westerly for a distance of platted and recorded in Douglas County, 112 feet,more or less,to a point 12 feet west SANITARY AND IMPROVEMENT DISTRICT Nebraska;thence,southeasterly for a distance and 75 feet north of the southwesterly-most NO.608 OF DOUGLAS COUNTY,NEBRASKA. of 405 feet, more or less,to a point 10 feet 1 corner of Lot 194,said subdivision. west and 40 feet south of the southerly-most Beginning at a point 14 feet north and 50 By: Jeff Elliot corner of Lot 164,said subdivision. feet west of the northwesterly-most corner Chairman IN 702ND AVENUE of Lot 195, South Streams, a subdivision as Drew Snyder Beginning at a point 5 feet south and 30 surveyed, platted and recorded in Douglas east of the northeasterly-most corner of Lot County, Nebraska; thence, northwesterly Clerk 238,South Streams,a subdivision as surveyed, for a distance of 145 feet, more or less, to platted and recorded In Douglas County, a point 8 feet west and 17 feet north of the 8/18,8/25 ZNEZ Nebraska;thence,southerly for a distance of northwesterly-most corner of Lot 185, said 800 feet,more or less,to a point 30 feet west subdivision. and 28 feet south of the southwesterly-most corner of Lot 119,said subdivision. FULLENKAMP JOBEUN THE DAILY RECORD JOHNSON&BELLER LLP 11440 West Center Road OF OM,`H,,1�i11.11Li Omaha,Nebraska 68144 SANITARY AND IMPROVEMENT JASON W.HUFF,Publisher RCIOTNO. DISTRICT COUNTY, NEBRASKA 608 O OOUDISPROOF OF PUBLICATION NOTICE OF MEETING AND RESOLUTION UNITED STATES OF AMERICA, NOTICE IS HEREBY GIVEN that a meeting The State of Nebraska, ss. of the Board of Trustees of Sanitary and District of Nebraska, Improvement District No. 608 of Douglas County, Nebraska will be held at 9:30 A.M. County of Douglas, on August 30,.2021,at 11440 W.Center City of Omaha, Road, Omaha, Nebraska, which meeting will be open to the public. The agenda for such meeting, kept continuously current, is JASON W.HUFF and/or SCOTT STEWART available for public inspection at 11440 West Center Road, Omaha, Nebraska and includes. the payment of bills of the District and the being duly sworn,deposes and say that they are the consideration and passing or amending and passing the following Resolution,to-wit: PUBLISHER and/or MANAGING EDITOR BE IT RESOLVED that the Board of Trustees of Sanitary and Improvement District No.608 of of THE DAILY RECORD, of Omaha, a legal newspaper, printed and Douglass County,Nebble andka find assa dy for the, published in the havinga bona fide paid that it is advisable necessary for the daily English language, District to enter Into the Water Main Extension circulation in Douglas County in excess of 300 copies, printed in Agreement with.MUD for the construction of a South Streams Water—Section I improvements Omaha,in said County of Douglas,for more than fifty-two weeks last and related equipment,pioneer main fees and past;that the printed notice hereto attached was published in THE future costs for Phase 1 Connections(Phase 1— South Streams),which improvements shall be DAILY RECORD of of Omaha,on constructed in accordance with the following August 18 agreement: g WATER MAIN EXTENSION AGREEMENT & 25, 2021 District lob No.10o0550r11767& 100055001374 THIS AGREEMENT is entered into on , between the METROPOLITAN. UTILITIES That said Newspaper during that time was regularly published and DISTRICT OF OMAHA, NEBRASKA,("District") and Sanitary Improvement District *608 of -= ; "+ "'' • r unty o ,and S - of Nebraska. Douglas County("Applicant"). GENERAL NOTARY-State of Nebraska In consideration of the Applicant's payment l ELLEN FREEMAN • of Two Million Two Hundred Twenty-Four ., Comm.Exp.December Thousand Five Hundred Fifty-Nine and 00/100 .+ My 11 2021 'bed in my presence sworn to before Dollars($2,224,559.00)to the District,receipt 290.Si 25th " of which is acknowledged, the District shall Publisher's Fee $ m"this day of install,as soon as is reasonably possible, Z 100055001362-Install 2,000'+(- of 12', Additional Copies $ , I ' gust 2U 1 2,400'+/-of 8';and 1,800'+/-of 6"DI Total $296.83 /1\ water main in North Streams Subdivision:' (north)southeast of 5.204th St.&"I"St.to fib tary Public in and for Douglas County, serve lots 1-83.($615,496) State of Nebraska 100055001374-Install.2,965'+/-of 12, 6,580'+/-of 8"and 980'+/-of 6"DI water main in North Streams Subdivision (south) northeast of S.204th.St.&"Q"St.to serve lots 84-208.($1,012,807)as shown on the. • attached plat marked Exhibit-"A; together, with such appurtenances, as the District, deems necessary(the"main"or"mains"). 4 • • • • • • i r • This consideration includes(1)the estimated The Board of Trustees shall assess to the total cost of the main installation($1,628,303) The District shall use reasonable efforts to extent of special benefits, the cost of such and (2) the estimated contributions to other avoid damaging or removing erosion control improvements upon properties specially pioneer mains.($596,256).The estimated.total measures. The District may remove erosion improvements benefittedthereby. All special assessments cost of the main installation is$1,628,303,of control measures if the District determines that which may be levied upon the properties which cost the District shall assume$0,which such measures Interfere with the installation, specially benefitted by such improvements shall, is the estimated difference in cost between a repair,or maintenance of the District's mains. when collected,be set aside and constitute a 12',8"&6"mainrequired and a 12';8"&6" The Applicant shall repair or replace erosion sinkingfund for the payment of interest and'. main.installed. - control- measures after. the District has princial of said bonds. of District shall also If the estimated total cost for the installation completed the part of the main installation cause to be levied annually a tax upon the, of the main or the estimated contributions to that required damage to or removal of the assessed value of all of the taxable property other pioneer mains,or both,are not sufficient erosion control measures. The District shall in the District except a intangible property,which to cover the actual costs and/or contributions, not be responsible for damage to or removal together with said sinking fund derived from Applicant shall pay to the District the actual of erosion control measures and shall not be special assessments shall be sufficient to meet.. costs and/or contributions,over the estimated responsible to repair or replace them. The payment of the interest and principal of said'.. costs and/or contributions. The District may Applicant shall indemnify the District from all bonds as the same become due;said tax shall'. refuse service from the main until such liabilities,federal,state,local or personal,that be known as the Sanitary and Improvement payment(s)has/have been made.If the actual may arise due to such damage or removal. District Tax and shall be payable annually in total cost for the installation of the main and This main installation is subject to the money. appurtenances or the estimated contributions approval of the District's Board of Directors.If If a petition opposing this Resolution,signed'. to other pioneer mains,or both,are less than the installation is not approved,this Agreement by property owners representing a majority of the amount paid, the difference,of either or is void.If the Applicant cancels this Agreement the front footage which may become subject to' both, whichever the case may be,shall be or fails to perform under It,the Applicant shall :. assessment for the cost of the improvements refunded to the Applicant. pay the District's design costs, and all other as set forth herein,is filed with the Clerk of the The District may permit others to tap the costs and expenses incurred. District within three(3)days before the date of main, but when an application to connect to Applicant shall' not landscape or allow the hearing a Resolution,this Resolution the main is granted to serve the following real anyone else to landscape in the street right- shall not be passed. property: of-way or in easements obtained for main The S. 150'+/-of the E. 536'+/ of W. installation prior to the main installation. If SANITARY IM PROVEMENT DISTRICT 618.6'+/- of the NW 1/4 of the NW.1/4.of Applicant does so,the'District may remove any NO.606 OE AND PS COUNTY,NEBRASKA Section.6, T.14 N., R.11;E., lying east-of.N.l landscaping necessary for installation of the 204th Street and directly north of and abutting water mains.Applicant shall pay the additional By: Jeff Elliot J Street abutting the main, the District shall costs of main installation caused by such Chairman collect the connection charge in accordance landscaping. Landscaping is defined as the with the District's Water Rules and Regulations placing of any decorative materials, including Drew Snyder and procedures. The District. shall refund to but not limited to,the planting of trees or Clerkde the Applicant the connection charges collected shrubbery and the placing of large rocks or on an annual basis The District shall not make, other large decorative objects. 8/18,8/25 ZNEZ refunds more than twenty(20)years after the This Agreement is conditioned upon receipt main extension agreement is approved by the, of all permits and easements necessary for the District. - main installation. The..District shall demand payment of If the main installation is delayed due to connection charges but shall not be obligated severe cold weather or when there is more to pursue litigation to collect a connection; than eight(8) inches of frost In the ground, charge for refund purposes, but the District' the.District's Contractor shall not be required shall refuse individual connections to the water' to work on the project without additional main until the individual connection charge compensation and/or an appropriate time is paid.The Applicant shall be regarded as a extension. If frost is more than eight (8) third-party beneficiary under this Agreement,. inches in depth, the additional compensation to pursue the Applicant's own collection of an to Install and/or the appropriate time extension unpaid connection charge. will be-negotiated between the District and The Applicant shall not change the location the Contactor and will be approved by the or grade of the street(s)over which Applicant' Applicant before proceeding. has control, as shown on Exhibit "A". The The outer boundaries of the area which Applicant shall grade the street(s)to conform to may,become subject to special assessments Exhibit" before the main installation.Where for said improvements vements are proposed to be streets will not be paved, the right-of-way the same as the outer boundaries of Sanitary CR.O.W.")shall be graded to conform to the and Improvement District No.608 of Douglas grade that has been legally established by the County,Nebraska. appropriate governing,body.Where the grade Said agreement has been reviewed by has not been established,the grade shall be Thompson Dreessen&Darner,:Inc.,engineers for the District and said engineers have filed satisfactorybepaved, to the Districttsh Where notrbstreets are main installation ulpplil not begin the j with theClerk of the District,priorto first :until the:Applicant has completed ! publication of this id Improvements, Resolution, an estimate of street paving,storm sewer inlet installation and I the total costs of saidlm fis ents,including finish grading of the R.O.W.If,within: five(5) engineering fees, Beal fees,fiscal fees,interest years from date the main Installation is placed and other miscellaneous costs,which estimate in service,the District deems it necessary to I is in the sum of$2,900,000:00.relocate,lower or raise the grade of all or part; To pay the cost of said Improvement the of the main as a result of the Applicant's failure ; Board of Trustees shall have the power to to have brought the street(s)to grade before Issue negotiable bonds of the District after the main installation or a change in the grade I such improvements have been completed and or location of the street(s),then the.Applicant I accepted; said bonds to be called "Sanitary shall pay the District's costs of raising,lowering l and Improvement District Bon .and shall be or relocating the main: payable and bear interest as provided by the The main shall be owned by and under Statutes of the State of Nebraska the control of the District, its successors and assigns. Vrit KUEHL CAPITAL filik MUNICIPAL FINANCIAL ADVISORS August 19, 2021 Board of Trustees Sanitary&Improvement District No. 608 Douglas County, Nebraska do Mr. Larry Jobeun Fullenkamp, Jobeun, Johnson&Beller 11440 West Center Road Omaha,NE 68144 Dear Board Members: Under the provisions of LB313 of the 1986 Nebraska Legislature, which became effective on July 12, 1976, your District elected to pay interest on an annual basis on all warrants after that date. Beginning with warrant #8 of the construction fund, all warrants have a notice on their face that interest will be paid October 1 on an annual basis. Enclosed is a schedule by warrant numbers, amounts, registration dates and our calculation of interest due on each warrant through October 1, 2021. We propose that the District issue warrants drawn on the construction fund payable to "UMB Bank NA" in the amount of $72,603.47 representing the interest due. The warrants shall draw interest at a rate of 6.00% per annum and be payable on October 1, 2022 and annually thereafter. We would appreciate the District delivering said warrants and minutes to us at least a week to ten days prior to October 01, 2021 so that the warrants may be registered, approval of the minutes obtained from bond counsel, and timely payment of interest made to the construction fund warrant holders on October 01, 2021. The warrants will be registered as of October 01,2021. If you have any questions, please feel free to contact us. Sincerely, KUEHL C AL CORPORATION effrey S. P tora Enclosures cc: SID Services 14747 California St.,Suite 1,Omaha, NE 68154 1402-391-7977 I www.kuehlcapital.com SANITARY AND IMPROVEMENT DISTRICT 608 OF DOUGLAS COUNTY "NORTH STREAMS" PRINCIPAL AND INTEREST CALCULATION REPORT AS OF FRIDAY, OCTOBER 1, 2021 Type Warrant# Payee Principal Rate Interest Registration Maturity Last Paid CF 8 Millard 35, LLC $10,000.00 6.00% $521.67 11/18/2020 11/09/2025 CF 9 Millard 35, LLC $10,000.00 6.00% $521.67 11/18/2020 11/09/2025 . CF 10 Millard 35, LLC $10,000.00 6.00% $521.67 11/18/2020 11/09/2025 CF 11 Millard 35, LLC $10,000.00 6.00% $521.67 11/18/2020 11/09/2025 CF 12 Millard 35, LLC $10,000.00 6.00% $521.67 11/18/2020 11/09/2025 CF 13 Millard 35, LLC $10,000.00 6.00% $521.67 11/18/2020 11/09/2025 CF 14 Millard 35, LLC $8,917.50 6.00% $465.20 11/18/2020 11/09/2025 CF 15 Fullenkamp,Jobeun,Johnson&Beller $1,378.35 6.00% $71.90 11/18/2020 11/09/2025 CF 16 Kuehl Capital Corporation $1,757.39 6.00% $91.68 11/18/2020 11/09/2025 CF 17 First National Capital Markets $1,801.33 6.00% $93.97 11/18/2020 11/09/2025 CF 24 Fullenkamp,Jobeun,Johnson&Beller $2,067.53 6.00% $86.84 01/19/2021 01/06/2026 CF 25 Utilities Service Group $1,160.88 6.00% $48.76 01/19/2021 01/06/2026 CF 26 Thompson Dreessen&Dorner $2,020.00 6.00% $84.84 01/19/2021 01/06/2026 CF 27 Kuehl Capital Corporation $131.21 6.00% $5.51 01/19/2021 01/06/2026 r CF 28 First National Capital Markets $134.49 6.00% $5.65 01/19/2021 01/06/2026 CF 32 Thiele Geotech $2,653.00 6.00% $96.83 02/22/2021 02/02/2026 CF 33 Kuehl Capital Corporation $66.33 6.00% $2.42 02/22/2021 02/02/2026 CF 34 First National Capital Markets $67.98 6.00% $2.48 02/22/2021 02/02/2026 CF 40 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 41 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 'I CF 42 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 43 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 44 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 45 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 46 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 47 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 48 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 49 Trail Creek Grading&Maintenance $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 50 Trail Creek Grading&Maintenance $7,837.60 6.00% $273.01 03/02/2021 02/23/2026 CF 51 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 52 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 53 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 54 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 55 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 56 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 57 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 58 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 59 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 60 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 61 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 62 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 63 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 64 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 l CF 65 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 66 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 67 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 i Thursday,August 19 2021 KUEHL CAPITAL CORPORATION Page 1 of 8 SANITARY AND IMPROVEMENT DISTRICT 608 OF DOUGLAS COUNTY "NORTH STREAMS" PRINCIPAL AND INTEREST CALCULATION REPORT AS OF FRIDAY, OCTOBER 1, 2021 Type Warrant# Payee Principal Rate Interest Registration Maturity Last Paid CF 68 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 69 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 70 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 71 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 72 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 73 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 74 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 75 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 76 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 77 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 78 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 79 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 80 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 81 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 ip CF 82 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 f CF 83 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 IIII CF 84 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 85 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 86 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 87 L.G.Roloff Construction $5,438.65 6.00% $189.45 03/02/2021 02/23/2026 CF 88 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 89 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 90 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 91 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 92 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 93 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 94 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 95 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 96 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 97 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 98 L.G. Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 99 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 100 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 101 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 102 L.G.Roloff Construction $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 103 L.G. Roloff Construction $3,889.22 6.00% $135.47 03/02/2021 02/23/2026 CF 104 Fullenkamp,Jobeun,Johnson&Beller $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 105 Fullenkamp,Jobeun,Johnson&Beller $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 106 Fullenkamp,Jobeun,Johnson&Beller $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 107 Fullenkamp,Jobeun,Johnson&Beller $1,358.27 6.00% $47.31 03/02/2021 02/23/2026 CF 108 Thiele Geotech $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 109 Thiele Geotech $7,925.00 6.00% $276.05 03/02/2021 02/23/2026 CF 110 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 111 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 112 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 Thursday,August 19 2021 KUEHL CAPITAL CORPORATION Page 2 of 8 SANITARY AND IMPROVEMENT DISTRICT 608 OF DOUGLAS COUNTY "NORTH STREAMS" PRINCIPAL AND INTEREST CALCULATION REPORT AS OF FRIDAY,OCTOBER 1, 2021 Type Warrant# Payee Principal Rate Interest Registration Maturity Last Paid CF 113 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 114 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 115 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 116 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 117 Thompson Dreessen&Dorner $10,000.00 6.00% , $348.33 03/02/2021 02/23/2026 CF 118 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 119 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 120 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 121 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 122 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 123 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 124 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 125 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 126 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 127 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 128 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 129 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 130 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 131 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 132 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 133 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 134 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 135 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 136 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 137 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 138 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 139 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 140 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 141 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 142 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 143 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 144 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 145 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 146 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 147 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 148 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 149 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 150 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 151 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 152 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 ff CF 153 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 154 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 155 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 156 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 157 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 158 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 Thursday,August 19 2021 KUEHL CAPITAL CORPORATION Page 3 of 8 SANITARY AND IMPROVEMENT DISTRICT 608 OF DOUGLAS COUNTY "NORTH STREAMS" PRINCIPAL AND INTEREST CALCULATION REPORT AS OF FRIDAY, OCTOBER 1, 2021 Type Warrant# Payee Principal Rate Interest Registration Maturity Last Paid CF 159 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 160 Thompson Dreessen&Dorner $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 161 Thompson Dreessen&Dorner $186.00 6.00% $6.48 03/02/2021 02/23/2026 CF 162 Kuehl Capital Corporation $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 163 Kuehl Capital Corporation $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 164 Kuehl Capital Corporation $9,665.87 6.00% $336.69 03/02/2021 02/23/2026 CF 165 First National Capital Markets $10',000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 166 First National Capital Markets $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 167 First National Capital Markets $10,000.00 6.00% $348.33 03/02/2021 02/23/2026 CF 168 First National Capital Markets $407.52 6.00% $14.20 03/02/2021 02/23/2026 CF 175 Pierson Enterprises, LLC $10,000.00 6.00% $278.33 04/14/2021 03/30/2026 CF 176 Pierson Enterprises, LLC $10,000.00 6.00% $278.33 04/14/2021 03/30/2026 CF 177 Pierson Enterprises, LLC $5,000.00 6.00% $139.17 04/14/2021 03/30/2026 CF 178 Fullenkamp,Jobeun,Johnson&Beller $1,250.00 6.00% $34.79 04/14/2021 03/30/2026 CF 179 Thiele Geotech $1,511.50 6.00% $42.07 04/14/2021 03/30/2026 CF 180 Thompson Dreessen&Dorner p $10,000.00 6.00% $278.33 04/14/2021 03/30/2026 CF 181 Thompson Dreessen&Dorner $2,980.00 6.00% $82.94 04/14/2021 03/30/2026 CF 182 Kuehl Capital Corporation $1,018.54 6.00% $28.35 04/14/2021 03/30/2026 CF 183 First National Capital Markets $1,044.00 6.00% $29.06 04/14/2021 03/30/2026 CF 188 Thiele Geotech $2,285.00 6.00% $55.98 05/04/2021 04/20/2026 CF 189 Kuehl Capital Corporation $57.13 6.00% $1.40 05/04/2021 04/20/2026 CF 190 First National Capital Markets $58.55 6.00% $1.43 05/04/2021 04/20/2026 CF 195 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 196 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 197 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 198 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 199 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 200 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 201 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 202 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 203 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 204 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 205 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 206 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 207 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 208 City of Omaha $10,000.00 6.00% $220.00 05/19/2021 05/04/2026 CF 209 City of Omaha $2,766.00 6.00% $60.85 05/19/2021 05/04/2026 CF 210 Fullenkamp,Jobeun,Johnson&Beller $7,138.30 6.00% $157.04 05/19/2021 05/04/2026 CF 211 Kuehl Capital Corporation $3,747.61 6.00% $82.45 05/19/2021 05/04/2026 CF 212 First National Capital Markets $3,841.30 6.00% $84.51 05/19/2021 05/04/2026 CF 216 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 217 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 218 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 219 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 220 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 Thursday,August 19 2021 - KUEHL CAPITAL CORPORATION Page 4 of 8 SANITARY AND IMPROVEMENT DISTRICT 608 OF DOUGLAS COUNTY "NORTH STREAMS" PRINCIPAL AND INTEREST CALCULATION REPORT AS OF FRIDAY, OCTOBER 1, 2021 Type Warrant# Payee Principal Rate Interest Registration Maturity Last Paid CF 221 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 222 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 223 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 224 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 225 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 226 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 227 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 228 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 229 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 230 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 231 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 232 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 233 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 k CF 234 L.G. Roloff Construction $7,171.20 6.00% $133.86 06/09/2021 06/01/2026 CF 235 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 236 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 237 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 238 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 239 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 240 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 241 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 242 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 243 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 244 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 245 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 246 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 247 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 248 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 249 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 250 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 251 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 252 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 253 L.G.Roloff Construction $7,574.67 6.00% $141.39 06/09/2021 06/01/2026 CF 254 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 255 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 256 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 257 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 258 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 259 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 260 L.G. Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 261 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 262 L.G.Roloff Construction $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 263 L.G. Roloff Construction $9,312.82 6.00% $173.84 06/09/2021 06/01/2026 CF 264 Fullenkamp,Jobeun,Johnson&Beller $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 265 Fullenkamp,Jobeun,Johnson&Beller $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 266 Fullenkamp,Jobeun,Johnson&Beller $3,702.93 6.00% $69.12 06/09/2021 06/01/2026 Thursday,August 19 2021 KUEHL CAPITAL CORPORATION Page 5 of 8 SANITARY AND IMPROVEMENT DISTRICT 608 OF DOUGLAS COUNTY "NORTH STREAMS" PRINCIPAL AND INTEREST CALCULATION REPORT AS OF FRIDAY, OCTOBER 1, 2021 Type Warrant# Payee Principal Rate Interest Registration Maturity Last Paid CF 267 Utilities Service Group $6,878.69 6.00% $128.40 06/09/2021 06/01/2026 CF 268 Thiele Geotech $6,371.50 6.00% $118.93 06/09/2021 06/01/2026 CF 269 Thompson Dreessen&Dorner $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 F CF 270 Kuehl Capital Corporation $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 CF 271 Kuehl Capital Corporation $3,025.30 6.00% $56.47 06/09/2021 06/01/2026 4 CF 272 First National Capital Markets $10,000.00 6.00% $186.67 06/09/2021 06/01/2026 F CF 273 First National Capital Markets $3,350.93 6.00% $62.55 06/09/2021 06/01/2026 CF 279 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 280 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 281 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 282 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 283 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 284 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 285 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 286 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 287 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 288 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 289 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 290 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 F CF 291 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 292 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 293 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 294 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 295 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 296 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 297 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 298 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 299 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 300 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 301 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 302 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 303 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 304 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 305 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 I CF 306 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 307 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 308 L.G.Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 309 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 310 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 311 L.G. Roloff Construction $10,000,00 6.00% $106.67 07/27/2021 07/19/2026 CF 312 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 313 L.G. Roloff Construction $8,400.51 6.00% $89.61 07/27/2021 07/19/2026 CF 314 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 315 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 316 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 Thursday,August 19 2021 KUEHL CAPITAL CORPORATION Page 6 of 8 SANITARY AND IMPROVEMENT DISTRICT 608 OF DOUGLAS COUNTY "NORTH STREAMS" PRINCIPAL AND INTEREST CALCULATION REPORT AS OF FRIDAY, OCTOBER 1, 2021 Type Warrant# Payee Principal Rate Interest Registration Maturity Last Paid CF 317 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 318 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 319 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 320 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 321 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 322 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 .I CF 323 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 324 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 325 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 326 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 327 L.G. Roloff Construction $10,000.00 6.00% $106,67 07/27/2021 07/19/2026 CF 328 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 329 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 330 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 331 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 332 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 333 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 334 L.G. Roloff Construction $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 335 L.G. Roloff Construction $7,911.12 6.00% $84.39 07/27/2021 07/19/2026 CF 336 Fullenkamp,Jobeun,Johnson&Beller $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 337 Fullenkamp,Jobeun,Johnson&Beller $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 338 Fullenkamp,Jobeun,Johnson&Beller $8,315.58 6.00% $88.70 07/27/2021 07/19/2026 CF 339 Utilities Service Group $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 340 Utilities Service Group $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 341 Utilities Service Group $3,619.44 6.00% $38.61 07/27/2021 07/19/2026 CF 342 Thiele Geotech $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 343 Thiele Geotech $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 344 Thiele Geotech $4,344.50 6.00% $46.34 07/27/2021 07/19/2026 CF 345 Thompson Dreessen&Dorner $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 346 Thompson Dreessen&Dorner $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 347 Thompson Dreessen&Dorner $4,000.00 6.00% $42.67 07/27/2021 07/19/2026 CF 348 Kuehl Capital Corporation $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 349 Kuehl Capital Corporation $6,664.78 6.00% $71.09 07/27/2021 07/19/2026 CF 350 First National Capital Markets $10,000.00 6.00% $106.67 07/27/2021 07/19/2026 CF 351 First National Capital Markets $7,081.40 6.00% $75.53 07/27/2021 07/19/2026 CF 361 Thompson Dreessen&Dorner $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 j CF 362 Thompson Dreessen&Dorner $2,517.87 6.00% $17.63 08/19/2021 08/09/2026 CF 363 L.G. Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 364 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 365 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 366 L.G.R,oloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 367 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 368 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 369 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 370 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 371 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 Thursday,August 19 2021 KUEHL CAPITAL CORPORATION Page 7 of 8 SANITARY AND IMPROVEMENT DISTRICT 608 OF DOUGLAS COUNTY "NORTH STREAMS" PRINCIPAL AND INTEREST CALCULATION REPORT AS OF FRIDAY, OCTOBER 1, 2021 Type Warrant# Payee Principal Rate Interest Registration Maturity Last Paid CF 372 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 I CF 373 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 374 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 I CF 375 L.G. Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 376 L.G. Roloff Construction $10,000.00 6,00% $70.00 08/19/2021 08/09/2026 CF 377 L.G. Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 378 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 379 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 380 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 381 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 382 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 383 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 384 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 385 L.G.Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 386 L.G. Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 387 L.G. Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 388 L.G. Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 389 L.G. Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 390 L.G. Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 391 L.G. Roloff Construction $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 392 L.G. Roloff Construction $7,301.39 6.00% $51.11 08/19/2021 08/09/2026 CF 393 Fullenkamp,Jobeun,Johnson&Beller $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 394 Fullenkamp,Jobeun,Johnson&Beller $4,865.07 6.00% $34.06 08/19/2021 08/09/2026 CF 395 Utilities Service Group $2,735.12 6.00% $19.15 08/19/2021 08/09/2026 CF 396 Thiele Geotech $10,000.00 6.00% $70.00 08/19/2021 08/09/2026 CF 397 Thiele Geotech $9,020.00 6.00% $63.14 08/19/2021 08/09/2026 CF 398 Thiele Geotech $4,850.50 6.00% $33.95 08/19/2021 08/09/2026 CF 399 SID Services $500.00 6.00% $3.50 08/19/2021 08/09/2026 CF 400 Kuehl Capital Corporation $8,794.75 6.00% $61.56 08/19/2021 08/09/2026 CF 401 First National Capital Markets $9,014.62 6.00% $63.10 08/19/2021 08/09/2026 District Totals: $3,148,886.74 $72,603.47 Total: $3,221,490.21 1 1 1 Thursday,August 19 2021 KUEHL CAPITAL CORPORATION Page 8 of 8 OFFERING CIRCULAR NEW ISSUE NOT RATED In the opinion of Bond Counsel, assuming compliance with certain covenants, under existing law, the interest on the Construction Fund Warrants described by the Addendum attached hereto is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of the federal alternative minimum tax. Bond Counsel also is of the opinion that,under existing laws of the State of Nebraska,interest on the Construction Fund Warrants is exempt from Nebraska state income taxation as long as it is exempt for purposes of the federal income tax. No tax opinion has been delivered in connection with the issuance of the General Fund Warrants. Purchasers of the General Fund Warrants are advised to consult their tax advisors as to the tax consequences of purchasing or holding the General Fund Warrants. See "TAX MATTERS"herein. Sanitary and Improvement District No.608 Sanitary and Improvement District No.608 of Douglas County,Nebraska of Douglas County,Nebraska (The Streams) (The Streams) Construction Fund Warrants General Fund Warrants Dated: See Addendum attached hereto. Due: See Addendum attached hereto. THIS OFFERING CIRCULAR MUST BE READ TOGETHER WITH THE ADDENDUM ATTACHED HERETO AND MADE A PART HEREOF. The Construction Fund Warrants(the"Construction Fund Warrants")and the General Fund Warrants(the"General Fund Warrants" and collectively with the Construction Fund Warrants, the "Warrants") of Sanitary and Improvement District No. 608 of Douglas County, Nebraska(the"District")offered hereby,as more fully described in the Addendum attached hereto(the"Addendum"),are being issued by the District to (i)in the case of the Construction Fund Warrants,pay the costs of acquiring, constructing and installing streets,utilities and other infrastructure improvements within the District or pay the annual interest on outstanding construction fund warrants of the District and(ii)in the case of the General Fund Warrants,pay operating and maintenance costs of the District,each as authorized by applicable statutes of the State of Nebraska(the"State")and resolutions of the Board of Trustees of the District. The Addendum sets forth the interest rates,the maturity dates,the aggregate principal amounts and the offering price of the Warrants,as well as the current aggregate principal amount of the District's outstanding debt obligations,including earlier issues of construction fund warrants,bonds and general fund warrants. The Construction Fund Warrants are obligations of the District payable solely from moneys of the District available for such purpose,including collections of special assessments on the real property within the District benefited by the improvements,ad valorem taxes levied and collected against all real property within the District and the proceeds of the District's bonds,if and when issued for such purpose. The District is not pledging its full faith and credit to the payment of the Construction Fund Warrants. The General Fund Warrants are obligations of the District payable solely from moneys of the District available for such purpose, including ad valorem taxes levied and collected against all real property within the District. The District has not pledged its full faith and credit to the payment of the General Fund Warrants. The Warrants are not secured by any mortgage, lien or other interest on any property in the District and are not obligations of Douglas County, Nebraska (the "County"), the State or any other political subdivision thereof (other than the District). See "WARRANTHOLDERS'RISKS"herein. The Warrants are being issued in fully registered form in varying denominations. Interest is payable annually on the Construction Fund Warrants each October 1 of every year until maturity,commencing on the date set forth in the Addendum,by warrant or check mailed to the registered owner of record. Interest on the General Fund Warrants is payable at maturity. Principal of the Warrants is payable at the local office of SID Services,LLC,Omaha,Nebraska,as Paying Agent and Registrar(the"Paying Agent"),in the order registered with the Douglas County Treasurer. Interest on the Construction Fund Warrants may be paid in the form of additional interest-bearing construction fund warrants issued for such purpose by the District, and not by check. The maturity date of the Construction Fund Warrants may be extended from that set forth in the Addendum by order of the Douglas County District Court. The Warrants are redeemable by the District at any time in the principal amounts thereof on or before their stated maturity dates in the order registered with the Douglas County Treasurer,from funds available for such purpose. Under certain circumstances,the Warrants may be redeemed at less than the principal amount thereof See"WARRANTHOLDERS'RISKS." SEE"WARRANTHOLDERS' RISKS" HEREIN FOR A DISCUSSION OF CERTAIN RISK FACTORS THAT SHOULD BE CONSIDERED(IN ADDITION TO THE OTHER MATTERS SET FORTH HEREIN) IN EVALUATING THE INVESTMENT QUALITY OF THE WARRANTS. THE WARRANTS ARE OFFERED BY THIS OFFERING CIRCULAR SUBJECT TO THE CONDITIONS SET FORTH HEREIN, INCLUDING RECEIPT OF A FULLY COMPLETED AND SIGNED INVESTMENT LETTER,THE FORM OF WHICH IS ATTACHED TO THIS OFFERING CIRCULAR AS APPENDIX C. This cover page contains information for quick reference only. It is not a summary of the issue. Investors must read the entire Offering Circular(including the Addendum)to obtain information essential to the making of an informed investment decision. The Construction Fund Warrants are offered when, as and if issued, subject to approval as to their legality by Kutak Rock LLP, Omaha,Nebraska, Bond Counsel, and certain other conditions. No opinion will be given with respect to the General Fund Warrants. Kutak Rock LLP,Disclosure Counsel, will provide certain legal advice to the District. The Addendum states the anticipated delivery date in Omaha, Nebraska, of the Warrants. Kuehl Capital Corporation has provided municipal advisor services to the District in connection with the offering of the Warrants. 0 First National Capital Markets Date:August 30,2021 SANITARY AND IMPROVEMENT DISTRICT NO.608 OF DOUGLAS COUNTY,NEBRASKA BOARD OF TRUSTEES Jeff Elliot Chair Drew Snyder Clerk Christian Kloster Trustee Scott Kinkaid Trustee Carson Stratman Trustee BOND COUNSEL Kutak Rock LLP ATTORNEY FOR DISTRICT Fullenkamp Jobeun Johnson&Beller LLP DEVELOPER Woodsonia North Streams,LLC ', MUNICIPAL ADVISOR Kuehl Capital Corporation PAYING AGENT AND REGISTRAR SID Services,LLC ACCOUNTANT Lutz&Company,P.C. UNDERWRITER First National Capital Markets,Inc. DISCLOSURE COUNSEL Kutak Rock LLP NO DEALER, BROKER, SALESPERSON OR OTHER PERSON HAS BEEN AUTHORIZED BY THE DISTRICT OR THE UNDERWRITER TO GIVE ANY INFORMATION OR TO MAKE ANY REPRESENTATIONS WITH RESPECT TO THE WARRANTS REFERRED TO HEREIN OTHER THAN THOSE CONTAINED IN THIS OFFERING CIRCULAR, AND, IF GIVEN OR MADE, SUCH OTHER INFORMATION OR REPRESENTATIONS MUST NOT BE RELIED UPON AS HAVING BEEN AUTHORIZED BY ANY OF THE FOREGOING. THIS OFFERING CIRCULAR DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE WARRANTS BY ANY PERSON IN ANY JURISDICTION IN WHICH IT IS UNLAWFUL FOR SUCH PERSON TO MAKE SUCH OFFER, SOLICITATION OR SALE. THE INFORMATION SET FORTH HEREIN HAS BEEN FURNISHED BY THE DISTRICT AND IS BELIEVED TO BE RELIABLE,BUT SUCH INFORMATION IS NOT GUARANTEED AS TO ACCURACY OR COMPLETENESS,AND IS NOT TO BE CONSTRUED AS A REPRESENTATION, BY THE UNDERWRITER. THE INFORMATION AND EXPRESSIONS OF OPINION HEREIN ARE SUBJECT TO CHANGE WITHOUT NOTICE, AND NEITHER THE DELIVERY OF THIS OFFERING CIRCULAR NOR ANY SALE MADE HEREUNDER SHALL, UNDER ANY CIRCUMSTANCES,CREATE ANY IMPLICATION THAT THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE DISTRICT SINCE THE DATE HEREOF. THIS OFFERING CIRCULAR IS SUBMITTED IN CONNECTION WITH THE SALE OF THE WARRANTS REFERRED TO HEREIN AND MAY NOT BE REPRODUCED OR USED, IN WHOLE OR IN PART, FOR ANY OTHER PURPOSE. THE UNDERWRITER MAY OFFER AND SELL WARRANTS TO CERTAIN DEALERS AND TO OTHERS AT PRICES LOWER THAN THE OFFERING PRICES STATED ON THE ADDENDUM HERETO. THE OFFERING PRICE MAY BE CHANGED FROM TIME TO TIME BY THE UNDERWRITER. TABLE OF CONTENTS Page Page INTRODUCTORY STATEMENT 1 Bankruptcy of Property Owners 9 WARRANT PAYMENT PROCEDURES 2 Challenges to Property Tax System 9 General Information 2 Absence of Rating 9 Redemption 2 Lack of Secondary Market 9 Notice of Redemption 3 Risks Specific to Construction Fund Warrants 9 Transfer and Registration 3 Risks Specific to General Fund Warrants Payable in Order Registered 3 Warrants 10 THE CONSTRUCTION FUND WARRANTS 3 UNDERWRITING 10 Authority for Issuance 4 MUNICIPAL ADVISOR 11 Description of the Construction Fund TAX MATTERS 11 Warrants 4 Legal Opinion 11 Construction Fund Warrants Junior to Tax Exemption 11 Bonds 4 Sources of Payments on the NO LITIGATION 12 Construction Fund Warrants 4 ONGOING DISCLOSURE 12 THE GENERAL FUND WARRANTS 5 FINANCIAL STATEMENTS 12 MISCELLANEOUS 12 Authority for Issuance 5 AUTHORIZATION OF OFFERINC Description of the General Fund CIRCULAR 13 Warrants 5 Sources of Payments on the General APPENDIX A LOCATION MAP OF THE DISTRICT Fund Warrants 5 APPENDIX B DOUGLAS COUNTY,NEBRASKA INFORMATION NEBRASKA DEVELOPMENTS RELATED TO APPENDIX C FORM OF INVESTOR LETTER BUDGETS AND DELINQUENCIES 6 APPENDIX D CONTINUING DISCLOSURE Remedies for Delinquencies 6 UNDERTAKING Budget and Levy Limitations 7 APPENDIX E FINANCIAL INFORMATION& Description of Budget Process 7 OPERATING DATA OF THE DISTRICT WARRANTHOLDERS'RISKS 8 Adverse Property Development Conditions 8 Bankruptcy of District 8 IN MAKING AN INVESTMENT DECISION INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE DISTRICT AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. THE WARRANTS HAVE NOT BEEN RECOMMENDED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY,AND THE WARRANTS HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION BY REASON OF THE PROVISIONS OF SECTION 3(a)(2)OF THE SECURITIES ACT OF 1933,AS AMENDED. THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS DOCUMENT. ANY REPRESENTATION TO THE CONTRARY MAY BE A CRIMINAL OFFENSE. CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS THIS OFFERING CIRCULAR CONTAINS STATEMENTS WHICH SHOULD BE CONSIDERED "FORWARD-LOOKING STATEMENTS," MEANING THEY REFER TO FORECASTED, EXPECTED OR PROJECTED FUTURE EVENTS OR CONDITIONS. SUCH STATEMENTS ARE GENERALLY IDENTIFIABLE BY WORDS SUCH AS "PLAN," "EXPECT," "ESTIMATE" AND "BUDGET" OR SIMILAR WORDS. THE ACHIEVEMENT OF CERTAIN RESULTS OR OTHER EXPECTATIONS CONTAINED IN SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE ACTUAL RESULTS,PERFORMANCE OR ACHIEVEMENTS DESCRIBED TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. THE DISTRICT DOES NOT EXPECT OR INTEND TO ISSUE ANY UPDATES OR REVISIONS TO THOSE FORWARD-LOOKING STATEMENTS IF OR WHEN ITS EXPECTATIONS, OR EVENTS,CONDITIONS OR CIRCUMSTANCES ON WHICH SUCH STATEMENTS ARE BASED,OCCUR. Sanitary and Improvement District No.608 Sanitary and Improvement District No.608 of Douglas County,Nebraska of Douglas County,Nebraska (The Streams) (The Streams) Construction Fund Warrants General Fund Warrants INTRODUCTORY STATEMENT The purpose of this Offering Circular, including the Addendum attached hereto (the "Addendum" and, collectively with this Offering Circular, the "Offering Circular") relating to the particular issue of (i) the Construction Fund Warrants (the "Construction Fund Warrants") or (ii) the General Fund Warrants (the "General Fund Warrants" and together with the Construction Fund Warrants, the "Warrants") of Sanitary and Improvement District No. 608 of Douglas County, Nebraska (the "District") identified by the Addendum, is to provide certain information concerning the issuance by the District of the Warrants. INVESTORS MUST READ THE ENTIRE OFFERING CIRCULAR, INCLUDING THE ADDENDUM,BEFORE MAKING AN INVESTMENT DECISION. By authority of Sections 31-727 et seq., Reissue Revised Statutes of Nebraska, as amended (the "Act"), sanitary and improvement districts may, among other things,finance the capital costs of acquiring,constructing and installing public improvements within the boundaries of the district and the costs of other operational services performed in and for the district. The owner of the property that comprises a potential subdivision traditionally establishes a sanitary and improvement district. In the case of the District, Woodsonia North Streams, LLC (the "Developer") is the developer of the District and formed the District in July of 2020. See "APPENDIX E—The Developer". Once duly established, a sanitary and improvement district is a body corporate and politic and a political subdivision of the State of Nebraska (the "State"), with the powers to issue warrants and bonds for its authorized purposes and to assess special assessments and levy ad valorem taxes to repay such indebtedness. In particular, the Act authorizes the District to issue the Construction Fund Warrants for paying amounts owed by the District to contractors and vendors with respect to the financing of capital costs in connection with the installation of public improvements and public infrastructure in the District. The Construction Fund Warrants and all other construction fund warrants heretofore and hereafter issued by the District are obligations of the District payable from the moneys of the District available for such purpose,including its special assessments,Bond Fund ad valorem tax levy and proceeds of the District's bonds. It is expected that delinquencies in the collection of special assessments will occur, which could adversely affect the payment of principal on the stated maturity date of the Construction Fund Warrants. The stated maturity date of the Construction Fund Warrants may be extended by order of the Douglas County District Court (the "County District Court"). The annual interest payment on the Construction Fund Warrants may be in the form of additional construction fund warrants issued for such purpose, and not a check. Additionally, the Act authorizes the District to issue the General Fund Warrants to pay operating and maintenance expenses of the District. The General Fund Warrants and all other general fund warrants heretofore and hereafter issued by the District are obligations of the District payable from the moneys of the District available for such purpose,particularly the tax revenues from the District's General Fund ad valorem tax levy. The Warrants are not secured by any mortgage, lien or other interest on any property in the District and are not obligations of Douglas County, Nebraska (the "County"), the State or any other political subdivision thereof (other than the District). In addition, the Warrants may, under certain circumstances, be redeemed at less than the principal amount thereof. Prospective investors are advised to read carefully "WARRANTHOLDERS' RISKS" herein for a description of certain risk factors that should be considered(in addition to other matters set forth herein) in evaluating the investment quality of the Warrants. The principal of individual Warrants(together with all unpaid interest accrued thereon)is payable in full in the order of registration with the County Treasurer by SID Services,LLC,as paying agent and registrar(the"Paying Agent"), at its local office in Omaha, Nebraska. The Addendum describing each issue of Warrants, states the aggregate principal amount of construction fund warrants,general fund warrants and other District debt outstanding at the time of issuance of such Warrants. The purchase of the Warrants offered by this Offering Circular is subject to the receipt of a fully completed and signed investment letter,the form of which is attached to this Offering Circular as Appendix C. Brief descriptions of the Warrants, the security therefor and the District are included in this Offering Circular together with summaries of certain provisions of the Warrants and the District's related resolutions. Such descriptions do not purport to be comprehensive or definitive. All references herein to the Warrants and the District's related resolutions and agreements are qualified in their entirety by reference to the complete documents, copies of which are available for inspection at the office of Kuehl Capital Corporation, acting as Municipal Advisor for the District,at Suite 1, 14747 California Street,Omaha,Nebraska 68154,during normal business hours. WARRANT PAYMENT PROCEDURES General Information Warrants are orders of the District to the County Treasurer, as ex-officio Treasurer of the District, to pay debts of the District. The Board of Trustees(the"Board")of the District must authorize all warrants. Warrants are drawn on the District's General Fund, which is used to pay operating expenses of the District, or its Bond Fund, which is used to pay debt service costs on the District's bonds and construction fund warrants. The Construction Fund Warrants are not payable from the General Fund tax levy and the General Fund Warrants are not payable from the Bond Fund tax levy. The Construction Fund Warrants may also be repaid from the levy and collection of special assessments. Construction fund warrants must be presented for payment to the paying agent named on such construction fund warrant or to the County Treasurer, who will issue a check if money is available in the Bond Fund. General fund warrants must be presented for payment to the County Treasurer,who will issue a check if money is available in the General Fund. Warrants so presented and not paid because adequate funds are not then on hand in the particular fund,including warrants offered for investment such as the Warrants,are then registered and bear interest at the rate shown on the warrant from the date of registration until paid. Interest on construction fund warrants is paid annually and at redemption or final maturity, while interest on general fund warrants is paid at maturity or redemption of the warrant. The Warrants are issued in fully registered form,with principal and interest payments made by the Paying Agent from its local office in Omaha,Nebraska. Warrants are paid or redeemed by the Paying Agent from moneys obtained from the County Treasurer. The Paying Agent pays warrantholders in the order in which such warrants were initially registered with the County Treasurer, so that warrants first registered are paid in full before any principal payment is made on later registered warrants. No warrantholder has any right or claim to any particular special assessment,tax levy or other source of payment, and warrants are not paid on a pro rata basis but rather by !, priority based on their respective dates of registration with the County Treasurer. Interest is payable annually on the Construction Fund Warrants each October 1 of every year until maturity, commencing on the date set forth in the Addendum, by warrant or check mailed to the registered owner of record, while the interest on General Fund Warrants is payable at maturity. Redemption The Warrants are subject to redemption by the District in whole at any time in advance of their stated maturity (or maturity as extended by court order in the case of the Construction Fund Warrants) at the principal amount thereof plus accrued interest to the redemption date. If the General Fund Warrants are not redeemed or paid, prior to or on their maturity date they will continue to accrue interest at the stated rate until they are paid. 2 Notice of Redemption The District shall mail or cause to be mailed notice of redemption prior to maturity of a Warrant to the registered owner thereof at least seven days prior to the redemption date. Transfer and Registration The ownership of a Warrant may be transferred only by presentation thereof to the Paying Agent, accompanied by an assignment in form satisfactory to the Paying Agent duly executed by the registered owner or its duly authorized agent. The Warrants may not be sold, transferred, or otherwise disposed of except (i) in material compliance with all applicable state and federal securities laws, including Rule 15c2-12 promulgated by the Securities and Exchange Commission pursuant to the Securities and Exchange Act of 1934, as amended, (ii) with full and accurate disclosure of all material facts, to the extent required by law, to the prospective purchaser(s) or transferee(s), and(iii) either under effective federal and state registration statements (which the District shall in no way be obligated to provide)or pursuant to exemptions from such registrations. Warrants Payable in Order Registered As set forth in the Addendum, the District may have other warrants outstanding and expects to issue from time to time additional warrants. Warrants are payable in the order in which registered with the County Treasurer. No warrantholder has any right or claim to any particular special assessments(if applicable),tax levy or other source of payment, and warrants are not paid on a pro rata basis but rather by priority based on their respective dates of registration with the County Treasurer. Consequently, the earlier the registration date of a particular warrant, the more likely it is that such warrant will be paid or called for redemption in advance of maturity for payment from the proceeds of special assessment collections(if applicable)and tax revenues. In the event of significant delinquencies in the collection of special assessments (if applicable) and ad valorem taxes, the principal of an earlier registered warrant is more likely to be paid than that of subsequently registered warrants. See "WARRANTHOLDERS' RISKS"herein. THE CONSTRUCTION FUND WARRANTS The Construction Fund Warrants must become due within five years from their date of issuance,except that the County District Court may extend the maturity date (with such extension not constituting a default) upon application of the District. The County District Court may extend the maturity date if it finds that the District does not have funds to retire the Construction Fund Warrants and either (a)the District cannot sell bonds in an amount sufficient to retire the Construction Fund Warrants or(b)an unreasonably high tax levy, as compared to the levy on other similar property within the County, would be required to cover debt service requirements on bonds issued to retire the Construction Fund Warrants. Upon making such a determination, the County District Court may make such orders concerning retirement of the Construction Fund Warrants as it shall determine proper under the circumstances of the District, including ordering an increase in the tax levy of the District to provide funds for construction fund warrant redemption. However, the County District Court may not order a tax levy for such purpose that would cause the total tax levy of the District to be unreasonably high as compared with the tax levy of other similar property in the County. Notice of any such extension application must be published three weeks before the County District Court hearing and mailed to each construction fund warrantholder known to the District. Construction Fund Warrantholders may appear before the County District Court at such hearing. The Construction Fund Warrants are paid from special assessment collections, if any, ad valorem tax revenues, and other funds available for the purpose, including, if and when issued, the proceeds of the District's bonds. Sanitary and Improvement Districts typically retire the majority of construction fund warrants with the proceeds of a bond issue. Bonds to redeem construction fund warrants are issued at one time or from time to time as the development and taxable valuation of the District increase so that the debt service on the bonds can be covered by a reasonable Bond Fund ad valorem tax levy. The issuance of bonds by the District will depend on numerous factors, including the availability of a purchaser therefor. See"UNDERWRITING" and "WARRANTHOLDERS' RISKS"herein. 3 Authority for Issuance The Board must adopt a resolution contained in the minutes of the District authorizing each issue of the Construction Fund Warrants in order to finance the costs of the public improvements in the District or to pay interest on the District's outstanding construction fund warrants. Such costs, with respect to each such issuance, may include, among other things, capital construction costs identified to the Board by the District's engineer and bills submitted by the District's counsel,the Underwriter and other professional service providers. Description of the Construction Fund Warrants The Construction Fund Warrants shall have the specific terms set out in the Addendum attached to this Offering Circular. The Construction Fund Warrants will be issued as fully registered warrants without coupons in varying denominations. Interest on the Construction Fund Warrants shall be payable annually on October 1, accruing from the date of registration with the County Treasurer by check mailed by the Paying Agent to the registered owners thereof at the owner's address as it appears on the registration books to be kept by the Paying Agent in its capacity as Paying Agent at its local office in Omaha,Nebraska,or at such other address as is furnished to the Paying Agent by the registered owner. If the District does not then have on hand sufficient funds to make such interest payment by check,the interest on the Construction Fund Warrants may be payable by directly issuing such additional construction fund warrants in lieu of cash to the existing warrantholders. Any such additional construction fund warrants shall bear interest until paid at the interest rate per annum set at the time of issuance of such additional construction fund warrants. The principal of the Construction Fund Warrants shall be payable in lawful money of the United States of America at the local office of the Paying Agent upon presentation of the Construction Fund Warrants to the Paying Agent and shall be paid in the order of registration with the County Treasurer to the extent that the Paying Agent has sufficient funds to make such payment. Construction Fund Warrants Junior to Bonds The District may issue general obligation bonds and apply the proceeds thereof to the payment of its outstanding construction fund warrants, including the Construction Fund Warrants. The payment of the principal of and interest on the District's construction fund warrants, including the Construction Fund Warrants, will be subordinate to that of any payments on any bonds issued by the District, regardless of the respective issuance and registration dates of such warrants and of such bonds. See "WARRANTHOLDERS' RISKS—Risks Specific to Construction Fund Warrants—Inability to Issue Bonds"herein. Sources of Payments on the Construction Fund Warrants The Construction Fund Warrants and the interest payable thereon are payable from the collections of special assessments on specially benefited properties within the District and ad valorem taxes levied annually by the District against all real property within the District and collected by the County on behalf of the District and by other available moneys of the District, including the proceeds of bonds, if and when issued for such purpose. The Construction Fund Warrants are not secured by a lien or mortgage interest on any property located within the District's boundaries. No landowner in the District is personally liable for the special assessments or ad valorem taxes relating to such landowner's properties. Neither the full faith and credit nor the taxing power of the District is pledged to the payment of the Construction Fund Warrants,and the Construction Fund Warrants are not obligations of the County. Special Assessments. Under the Act, the District assesses against specially benefitted property, a portion of the costs of the work for which the District issues construction fund warrants. After the Board of Trustees of the District levies such assessments, the County Treasurer collects them on behalf of the District. Special assessments relating to the District's improvements constitute a lien in favor of the District on the assessed property,but do not constitute a personal or corporate indebtedness of the owners of property within the District. The lien of the District is inferior only to the general taxes levied by the State and its political subdivisions, including the District. Special assessments are due without interest 50 days after the date of levy, but if not so paid they shall bear interest thereafter on a per annum basis. Interest accrues on annual installments at the interest rate per annum of the greater of(a)the rate of interest accruing on the construction fund warrants registered against the District 60 days prior to the actual levy of the special assessments or (b)the average rate of interest accruing on the District's construction 4 fund warrants issued to pay for the improvements for which the special assessments are to be levied adjusted to the next greater V2%. Such assessments shall become delinquent in equal annual installments over such periods of years (not exceeding 20 years and typically 10 years),as the Board of Trustees determines at the time of making the levy. Delinquent installments bear interest at the rate of 2%per annum above the rate set by the District on such installments before delinquency,subject to a 14%per annum ceiling(subject to adjustment from time to time by the Legislature). If three or more annual installments become delinquent, the Board of Trustees of the District may declare all remaining annual installments due and payable and increase to 14%per annum (subject to adjustment from time to time by the Legislature)the interest rate on all installments. Ad Valorem Tax. The District is a start-up district and it will not levy its first ad valorem tax until December 31,2021. Start-up districts generally allocate their entire initial ad valorem tax levy to the General Fund. Thus, the District expects for the initial years of the District that its General Fund levy will be $0.90 and its Bond Fund levy will be $0.00 per$100 of taxable valuation upon all real property in the District. The County Treasurer collects ad valorem taxes on behalf of the District in the same manner and at the same time as it collects all other ad valorem taxes levied against real property within the County. The District may apply ad valorem tax revenues generated by the District's Bond Fund portion of its overall property tax levy to the payment of the principal or interest on the Construction Fund Warrants. THE GENERAL FUND WARRANTS Authority for Issuance General fund warrants must become due within three years of their date of issuance and are payable from the proceeds of the District's General Fund tax levy budgeted for that purpose and other sources of revenue for the District's operating budget for the year. The District will authorize the issuance of the General Fund Warrants pursuant to resolutions of the District contained in the District's minutes and adopted at publicly held meetings. Description of the General Fund Warrants The General Fund Warrants shall have the specific terms set out in the Addendum attached to this Offering Circular. The General Fund Warrants will be issued as fully registered general fund warrants without coupons in varying denominations. Interest on the General Fund Warrants shall be payable at maturity,accruing from the date of registration with the County Treasurer. The principal of the General Fund Warrants shall be payable in lawful money of the United States of America at the local office of the Paying Agent upon presentation of the General Fund Warrants to the Paying Agent and shall be paid in the order of registration with the County Treasurer to the extent the Paying Agent has sufficient funds to make such payment. Sources of Payments on the General Fund Warrants The General Fund Warrants and the interest payable thereon are payable from the collection of ad valorem taxes levied annually by the District against all real property within the District and collected by the County on behalf of the District and by other legally available moneys of the District. The General Fund Warrants are not secured by a lien or mortgage interest on any property located within the District's boundaries. No landowner in the District is personally liable for the ad valorem taxes relating to such landowner's properties. Neither the full faith and credit nor the taxing power of the District is pledged to the payment of the General Fund Warrants, and the General Fund Warrants are not obligations of the County. Ad Valorem Tax. The District is a start-up district and it will not levy its first ad valorem tax until December 31,2021. Start-up districts generally allocate their entire initial ad valorem tax levy to the General Fund. Thus, the District expects for the initial years of the District that its General Fund levy will be $0.90 and its Bond • Fund levy will be $0.00 per$100 of taxable valuation upon all real property in the District. The County Treasurer collects ad valorem taxes on behalf of the District in the same manner and at the same time as it collects all other ad valorem taxes levied against real property within the County. The District applies the portion of ad valorem tax revenues generated by the General Fund levy to pay the District's administrative costs in accordance with its budget, including the payment of the District's general fund warrants, such as the General Fund Warrants. 5 NEBRASKA DEVELOPMENTS RELATED TO BUDGETS AND DELINQUENCIES Remedies for Delinquencies. Tax Certificate Sale and Tax Deed. Nebraska law provides two statutory schemes for clearing the tax liens of delinquent special assessment installments and ad valorem taxes. Both processes require several years to reach conclusion. The first method is the sale of tax certificates by the county in which the property in question is located. County treasurers are empowered to sell tax certificates for real estate on which taxes or assessments have not been paid as provided by law for an amount equal to all of the taxes and, if so requested by the levying district, special assessments. The county treasurer conducts tax certificate sales in March following three weekly notice publications in general circulation newspapers in the county. For the tax certificate sale to occur, the county treasurer must receive a sale price at least equal to the sum of the delinquent assessments, delinquent ad valorem taxes, if any, and certain statutory expenses. If a tax certificate is sold,the liens of the special assessments and any other taxes are transferred to the purchaser,and the county treasurer will distribute to the district that portion of sale price attributable to the delinquent special assessment installments and the district's share of unpaid ad valorem taxes. Subject to the priority of outstanding bonds,the district then may retire warrants in full in the order registered to the extent of the amount of the proceeds of the tax certificate sale. The owner of the property will have three years from the tax certificate sale date to redeem the tax certificates, after which time the purchaser of the tax certificates, if not so redeemed, may obtain a tax deed pursuant to Nebraska law, or foreclose on the tax lien via a sheriffs sale as discussed below. If the purchaser exercises its right to acquire a tax deed, the district's lien for special assessments, if not so included in the tax certificate sale,will remain and the tax deed will be subject to the lien of special assessments. In order to obtain a tax deed or a sheriffs deed,the tax certificate holder must act under either method within nine months of the end of the three-year redemption period. If a tax certificate is not sold, the owner retains the property, but interest still will. accrue as aforesaid. The County Treasurer conducts the tax certificate sale and maintains the records. Foreclosure Proceedings and Sheriff's Deed. The second statutory method for clearing liens of taxes or assessments is foreclosure against the property in question. The sanitary and improvement district, an individual holder of a tax certificate,or the county may exercise the right to foreclose; however, a district may only foreclose its tax lien in the case of delinquent special assessments. Upon exercising the remedy of foreclosure pursuant to its tax certificate lien,the county court may immediately confirm the sale and issue a sheriffs deed to the tax certificate purchaser. The district's board of trustees may initiate foreclosure proceedings once special assessment installments are delinquent for three years running and may bid its lien in the amount of delinquent special assessments at the sheriff sale. The district will take the property if there are no other adequate bids and may resell the property, in which event the proceeds of the resale must be divided among the affected taxing jurisdictions,including the district, in proportion to their respective liens. However, the district is not entitled to any surplus unless the County Treasurer has first offered the special assessments for sale via the tax certificate sale process describe above. Alternatively,the county may foreclose the lien of delinquent taxes or special assessments against property within a district. If taxes or assessments are delinquent for three years or more,the county must foreclose in order to recapture anticipated proceeds from property taxes and special assessments. If the special assessments are not requested by a district to be included in the tax foreclosure proceeding and the county treasurer has not previously offered the delinquent special assessments for sale, then the district's special assessment lien will survive the foreclosure sale. Confirmation of the sale of foreclosed property pursuant to a sheriffs sale is not available until the passage of a two—year redemption period(during which time the delinquent property owner may satisfy the delinquency and remove the outstanding lien of taxes or special assessments),running from the sale date. Thus,the winning bidder must wait two years before receiving clear title. However,the purchaser of a tax certificate may foreclose its lien at the conclusion of the three year redemption period specifically associated with the tax certificate sale and will not be subject to an additional two year redemption period. Under the foreclosure proceedings,there is no requirement that the auction price equal or exceed the special assessments and ad valorem taxes then owing;the recovery, if any,can be insufficient to make warrantholders whole. 6 Warrantholders are paid the principal of and the interest on warrants issued by sanitary and improvement district's generally from ad valorem taxes and special assessments. Individual warrantholders do not enjoy a lien on the real property within a district. The remedies of a tax certificate sale and foreclosure available to the district or the county may accrue to the benefit of the warrantholders,but are not directly available to warrantholders. If there is warrantholder unanimity, the warrantholders may waive or otherwise settle any defaults or delinquencies with the district. If the payment of warrant principal has been in default for over 90 days, a majority of the warrantholders may also petition for the appointment of an administrator in lieu of the district's board of trustees. The board of trustees or the new administrator, if any, may negotiate agreements to compromise the indebtedness, including the issuance of new bonds and warrants in conjunction with a workout. This effort can include a voluntary Chapter 9 bankruptcy filing by a district. There is no assurance under such circumstances that warrantholders will receive full payment of amounts owed to them on their warrants. See"WARRANTHOLDERS' RISKS." Budget and Levy Limitations The State Legislature has imposed budget limitations and property tax restrictions on Nebraska political subdivisions, including sanitary and improvement districts, intended to reduce the level of property taxation and expenditures in the State. State law prohibits governmental units, including sanitary and improvement districts in existence for more than five years, from adopting budgets in excess of 102.5%of the prior fiscal year's budget plus allowable growth (which includes increases in taxable valuation for such things as new construction and annexations). However, such budgetary limitations do not apply, among other things,to revenues pledged to retire bonded indebtedness, or budgeted for capital improvements, such as the proceeds of the Construction Fund Warrants. Provision also is made for a governmental unit to exceed the budget limit for a given fiscal year by up to an additional 1%upon the affirmative vote of at least 75%of the governing body or in such amount as is approved by a majority vote of the electorate. State law also limits the maximum rates that may be levied by each type of governmental unit. The General Fund levy by a sanitary and improvement district in existence for more than five years is limited to a maximum of 400 per$100 of taxable valuation(districts in existence less than five years are not subject to any maximum General Fund levy until they reach their fifth anniversary). The levy limit does not apply to tax levies for bonds approved according to law and secured by a levy on property (such as the Bond Fund levy of the District). Taxable value of motor vehicles no longer constitutes a portion of the ad valorem tax base of sanitary and improvement districts and districts do not receive motor vehicle taxes. Special assessments are not property taxes subject to the levy limitation. State law permits a political subdivision to exceed its levy limitation for a period of up to five years by majority vote of the electorate. There can be no assurance that the State's system of assessing and taxing real property will remain substantially unchanged. Such changes could materially and adversely affect the amount of property tax revenues the District could collect in future years. The District does not believe that the State Legislature, subject to constitutional restrictions, if any,would leave the District without adequate taxing resources to pay for its programs and meet its financial obligations,including the repayment of its warrants,bonds and other obligations. Description of Budget Process A sanitary and improvement district is required by State law to file its budget with the county clerk and the State Auditor on or before September 20 of each year. Each district's accountant prepares a budget draft in July of each year based on actual expenses and revenues for the three preceding fiscal years and proposed expenses and revenues for the coming fiscal year. District budgets as proposed and adopted can frequently differ substantially from actual figures reviewed after the fact, especially in those years with major changes in tax rates or valuation. Such differences are principally due to the fact that while the fiscal year for a district begins on July 1,tax dollars generated by the budget are not received by the district until the following calendar year. The first half of such tax receipts is received during the spring of the following calendar year(April 1). The second half tax receipts are not received until the late summer of the following calendar year(August 1),several weeks into the ensuing fiscal year. The proposed budget contains line items detailing, among other things, revenues and expenses in both the General Fund and the Bond Fund. Revenues in the General Fund cover noncapital expenses (i.e., operating expenses) including insurance, streetlights, legal and accounting fees and maintenance expenses. Revenues in the 7 Bond Fund cover principally construction expenses(including associated professional fees),principal redemption of registered construction fund warrants, interest on registered construction fund warrants and payments of principal and interest on outstanding bond issues. Revenues in the General Fund are generated primarily by ad valorem taxes, with a small amount coming from various state and local sources. Bond fund revenues are generated in the same way, plus special assessments and interest thereon. The proposed budget compares total anticipated expenses with total anticipated revenues,other than those to be collected from property taxes,to arrive at a net amount that must be generated from ad valorem taxes. The proposed budget is reviewed by the board of trustees of a district, in consultation with the district's attorney, accountant and municipal advisor, if applicable. Prior to its adoption, a budget summary is published in a local legal newspaper one time at least five days prior to the budget meeting, with a copy of the meeting notice being given at least one week prior to the meeting. At the meeting, the budget is discussed in open and public session, after which it can be adopted as proposed or as modified at the meeting. If modified, a summary of the modifications must be published one time in a legal newspaper within 20 days of adoption of the budget. While district budgets must "balance," that balance is often accomplished through the registration of warrants. Under the warrant registration process, a warrant drawn on a district is not paid when presented to the County Treasurer if adequate funds are not then on hand in that particular district fund to pay the warrant. It is then registered with the date of presentment for payment determining the date when interest begins to accrue and determining the priority of payment. Warrants are paid in the order of registration. WARRANTHOLDERS'RISKS Adverse Property Development Conditions The District is a start-up district and, as such, is particularly susceptible to impediments to development. The development and sale of District properties are contingent upon numerous factors. Changes in general economic conditions, including fluctuations in the local real estate market, interest rates on construction loans, the availability of mortgage money, and other similar factors, may adversely affect the development of the District. Other factors influencing decisions to buy property in the District would include the overall tax levels, the convenience to local shopping and employment, accessibility to major highways and interstates,the proximity and reputation of schools and the availability and cost of utility services. Land development is subject to comprehensive federal, state and local regulations. There can be no assurance that future government policies will not adversely affect land development operations within the District. The ultimate consequence of such adverse conditions may be an inability by the District to pay its debts,including the Warrants. The financial strength, ability and reputation of the Developer is critical, because, although the Developer is not directly obligated on the Warrants, business problems or business failure on the part of the Developer would likely cause delays in the development of the District. The Developer owns a substantial portion of the real property within the District. Because of this concentration of ownership and development responsibilities in the Developer, the District is particularly exposed to the business risks of the Developer. See "APPENDIX E—The Developer" herein. Bankruptcy of District Significant delays in the development of a sanitary and improvement district after the incurrence of indebtedness for public improvements while interest on such indebtedness continues to compound can result in a debt burden and a significant tax levy that discourage sale of property and impedes the ability of the district to provide services to current residents, landowners or tenants. For such reasons, among others, several Nebraska sanitary and improvement districts over the years have filed bankruptcy petitions under Chapter 9 of the United States Bankruptcy Code. Such a filing by the District would result in an automatic stay of certain District payments, including its debt service payments, and enforcement actions against the District or its property. The consequences for the District's warrantholders of a Chapter 9 bankruptcy filing could include material modification of the terms of the Warrants and related documents and significant delays in the payment,or loss of all or a portion,of the principal of and interest on the Warrants. The Nebraska Supreme Court has held that the payment of a district's bonds would 8 have priority over the payment of such district's construction fund warrants, including those construction fund warrants issued before the bonds. Bankruptcy of Property Owners The payment of property owners' taxes and special assessments and the ability of the District or the County to foreclose the lien of a delinquent unpaid tax or special assessment, as discussed herein, may be limited by bankruptcy, insolvency or other laws generally affecting creditors' rights or by the laws of the State relating to judicial foreclosure or tax certificate sales. Bond Counsel's approving legal opinion regarding the Construction Fund Warrants, will be qualified, as to the enforceability of the various legal instruments, by bankruptcy, reorganization,insolvency or other similar laws affecting the rights of creditors generally. Although bankruptcy proceedings would not extinguish the outstanding ad valorem taxes or special assessments, the bankruptcy of a property owner could result in a delay in prosecuting foreclosure proceedings. Such delay in prosecuting foreclosure proceedings would increase the likelihood of a delay or default in payment of the principal of and interest on the Warrants and the possibility of partial or incomplete payments on delinquent installments of taxes or special assessments. The Developer and its affiliates own a significant percentage of the property within the District; the risk of delay in payment of the principal of and interest on the Warrants due to the bankruptcy filing of a single property owner (namely, the Developer) will decrease upon the dispersal of the ownership of the District's lots to a larger number of property owners. See"APPENDIX E District Development" herein. Challenges to Property Tax System The levy and collection of ad valorem taxes by taxing jurisdictions in the State has been the object of legislative,judicial and elector action. Ad valorem tax revenues are a source of payment of the Warrants; any diminution in the legal authority to levy and collect such taxes could adversely affect the timely payment of the Warrants. Absence of Rating Neither the Warrants nor any other debt obligations of the District is rated by a securities rating agency. The District has not applied, and does not intend to apply, for any such rating. The absence of a rating may adversely affect the marketability of the Warrants. Lack of Secondary Market The Underwriter has not agreed to maintain a secondary market for the Warrants, and the District does not anticipate that such a market will exist. Prospective purchasers of the Warrants should be prepared, therefore, to hold their Warrants until retired by the District. Risks Specific to Construction Fund Warrants Delinquent Special Assessments. Even in the absence of adverse property development conditions, the District anticipates that, from time to time, the payment of special assessments, with respect to various parcels of property in the District, will be delinquent. A district may collect special assessments at the time of the sale of a developed lot with the sale price inclusive of the amount of the special assessments outstanding. Altematively,the owner may assume the obligation to repay the special assessments in installments. Installments of special assessments are due and payable annually,but the development and sale of District properties(and related collection of special assessments) may not occur by the time necessary to avoid delinquencies. Amounts available to the District from ad valorem tax revenues and other sources may not be sufficient to make up any special assessment shortfall. Interest Payable. Interest is payable annually on the Construction Fund Warrants each October 1 of every year until maturity,commencing on the date set forth in the Addendum,by warrant or check mailed to the registered 9 owner of record. Interest on all construction fund warrants, including the Construction Fund Warrants, paid in the form of a check or cash, is paid by the Paying Agent to the holders thereof in order of their registration with the County Treasurer. Extension of Warrant Maturity. Construction fund warrants of the District,such as the Construction Fund Warrants offered hereby,must become due no later than five years after their date of issuance. The Act permits the extension of such maturity(without there being a default),upon petition by the District to the County District Court, for a period determined by the County District Court(often three years). The District may file such a petition if for any reason there are insufficient funds to pay the principal of the construction fund warrants of the District at the original maturity. Warrantholders receive notice of and may appear at the hearing held by the County District Court preliminary to the issuance of the court's order. Because the Construction Fund Warrants will be paid and retired in the order registered, the holders of later registered Construction Fund Warrants are more exposed to delay in or nonpayment of the payment of their principal than are the holders of the Construction Fund Warrants first registered. Inability to Issue Bonds. The Act authorizes sanitary and improvement districts to issue bonds for retiring construction fund warrants. The District may issue its bonds to retire the Construction Fund Warrants;however,the District may be unable to issue such bonds or, if issued, such bonds may be insufficient in amount(together with other available moneys) to retire all the Construction Fund Warrants. General market conditions or changes in federal or State laws, including income tax laws, may preclude such an issuance. The District also may not issue such bonds unless and until the District has sufficient taxable value to support (together with special assessment collections and other available moneys)the payment of debt service on such bonds. There can be no assurance that the District in fact will be able to issue bonds for retiring the Construction Fund Warrants, in which case the timely payment of the Construction Fund Warrants will remain dependent on the collection of special assessments (if applicable)and ad valorem taxes. Risks Specific to General Fund Warrants No Legal Opinion. No legal opinion has been delivered by Bond Counsel in connection with the issuance and sale of the General Fund Warrants. Purchasers of the General Fund Warrants are advised to consult their tax advisors as to the tax consequences of purchasing or holding the General Fund Warrants. UNDERWRITING First National Capital Markets,Inc., as Underwriter, is purchasing the Warrants from the District for resale at a purchase price of 100%of the principal amount plus accrued interest, if any. The Underwriter will receive a fee (payable in additional warrants)from the District equal to 2.5%of the aggregate principal amount of the Warrants it so purchases. The Underwriter shall make a public offering of the Warrants at prices not in excess of the public offering prices set forth in the Addendum. The Underwriter may offer and sell the Warrants to certain dealers at prices other than such public offering prices,and the Underwriter may change such public offering prices from time to time. Pursuant to its agreement with the District, the Underwriter has agreed to place or purchase all of the District's warrants. Such agreement is subject, among other factors, to the continued availability of unqualified Bond Counsel opinions as to the tax-exempt status of any interest coming due on any construction fund warrants issued by the District. From time to time,employees of the Underwriter may be offered and may purchase general fund warrants issued by the District. The Underwriter has the right to purchase warrants for its own account, and any profit made or loss suffered on any subsequent resale of such warrants shall be for the account of the Underwriter. The District is required to pay annual interest upon its outstanding construction fund warrants, and the District may issue additional construction fund warrants to pay such interest. The Underwriter has a limited 10 obligation to purchase or place such construction fund warrants to provide cash for interest payments on outstanding construction fund warrants. If cash is not available for payment of interest on the construction fund warrants, such additional construction fund warrants for interest due may be issued directly to the Warrantholder. MUNICIPAL ADVISOR The District has retained the firm of Kuehl Capital Corporation, Omaha, Nebraska, to provide municipal advisor services in connection with the offering of the Warrants. TAX MATTERS Legal Opinion The legal opinion of Kutak Rock LLP, Omaha,Nebraska("Bond Counsel"), approving the validity of the Construction Fund Warrants only will be provided to purchasers at the time of original delivery. No opinion will be delivered with respect to the General Fund Warrants. Bond Counsel has examined a transcript of the District's proceedings and relied thereon without undertaking to verify the same by independent investigation. Tax Exemption In the opinion of Bond Counsel,to be delivered at the time of original issuance of the Construction Fund Warrants, under existing laws, regulations, rulings and judicial decisions, interest on the Construction Fund Warrants (including any original issue discount treated as interest) (a) is excludable from gross income for federal income tax purposes and(b)is not a specific item of tax preference for purposes of calculating the federal alternative minimum tax. The accrual or receipt of interest on the Construction Fund Warrants may otherwise affect the federal income tax liability of certain recipients, such as banks, thrift institutions, property and casualty insurance companies,corporations(including S corporations and foreign corporations operating branches in the United States), Social Security or Railroad Retirement benefit recipients, taxpayers otherwise entitled to claim the earned income credit or taxpayers who may be deemed to have incurred (or continued) indebtedness to purchase or carry tax-exempt obligations. The nature and extent of these other tax consequences will depend upon the recipients' particular tax status or other items of income or deduction. Bond Counsel expresses no opinion regarding any such consequences, and investors should consult their own tax advisors regarding the tax consequences of purchasing or holding the Construction Fund Warrants. In Bond Counsel's further opinion, under the existing laws of the State of Nebraska, the interest on the Construction Fund Warrants is exempt from Nebraska state income taxation so long as it is exempt for purposes of the federal income tax. Bond Counsel expresses no opinion with respect to the validity of the General Fund Warrants or the treatment of interest on the General Fund Warrants. The opinions set forth above are subject to continuing compliance by the District with its covenants regarding federal tax laws in the respective resolutions. Failure to comply with such covenants could cause interest on the Construction Fund Warrants to be included in gross income retroactive to the date of issue of the Construction Fund Warrants. From time to time, there are legislative proposals in the Congress and in the states that, if enacted, could alter or amend the federal and state tax matters referred to above or adversely affect the market value of the Construction Fund Warrants. It cannot be predicted whether or in what form any such proposal might be enacted or whether if enacted it would apply to bonds or warrants issued prior to enactment. In addition,regulatory actions are from time to time announced or proposed and litigation is threatened or commenced which, if implemented or concluded in a particular manner, could adversely affect the market value of the Construction Fund Warrants. Purchasers of the Construction Fund Warrants should consult their tax advisors regarding any pending or proposed 11 legislation, regulatory initiatives or litigation. The opinions expressed by Bond Counsel are based upon existing legislation and regulations as interpreted by relevant judicial and regulatory authorities as of the date of issuance and delivery of the Construction Fund Warrants, and Bond Counsel has expressed no opinion as of any date subsequent hereto or with respect to any pending legislation,regulatory initiatives or litigation. The rights of the holders of the Warrants and the priorities and enforceability thereof may be subject to valid bankruptcy, insolvency, reorganization, moratorium, extension, compromise and other similar laws for the relief of debtors. NO LITIGATION No litigation is pending or,to the knowledge of the District,threatened in any court to restrain or enjoin the issuance or delivery of any of the Warrants or in any way contesting or affecting the validity of the Warrants or the District's resolutions approving the Warrants or contesting the powers or authority of the District to issue the Warrants or to adopt such resolutions. ONGOING DISCLOSURE Subject to the provisions of a Dissemination Agent Agreement, by and between the District and SID Services, LLC, as dissemination agent, the District has undertaken (the "Undertaking") on behalf of the Warrantholders to provide to the Municipal Securities Rulemaking Board ("MSRB"), in an electronic format accompanied by identifying information as prescribed by the MSRB, (a) financial information and operating data about the District, (b) notices of the listed events specified by the Securities and Exchange Commission Rule 15c2-12 under the Securities Exchange Act of 1934, as amended (the "Rule"), and (c) notice of a failure to provide the information in (a) by the time set in the Undertaking. See "APPENDIX D—CONTINUING DISCLOSURE UNDERTAKING." A failure by the District to comply with the Undertaking will not constitute an event of default with respect to the Warrants, although any holder will have any available remedy at law or in equity, including seeking specific performance by court order,to cause the District to comply with its obligations under the Undertaking. Pursuant to the Act, the District must annually file its independently audited financial statements with the Nebraska State Auditor of Public Accounts,where they are available as public records for inspection during normal business hours. See"FINANCIAL STATEMENTS." FINANCIAL STATEMENTS The Developer organized the District in July of 2020 and as such, the District does not have any audited financial statements. The State Auditor often waives the formal audit requirements with respect to the early years of a district, and the District expects the State Auditor will do so in its case. Once prepared, the audited financial statements for the District will be available,once filed, for inspection at the offices of the attorney for the District in Omaha,Nebraska and at the offices of the State Auditor of Public Accounts in Lincoln,Nebraska. The District has retained Lutz&Company,P.C.,as its accountant. MISCELLANEOUS The Chair of the Board executed and delivered this Offering Circular on behalf of the District. At the date of this Offering Circular and at the date of delivery of the Warrants, (a)the information and statements, including financial statements, of or pertaining to the District, contained in this Offering Circular were and are correct in all material respects; and (b)insofar as the District and its affairs, including its financial affairs, are concerned, this Offering Circular did not and does not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made,not misleading. The District further confirms that insofar as the descriptions and statements, including financial data, contained in this Offering Circular of or pertaining to nongovernmental bodies or governmental bodies other than the District are concerned, such descriptions, statements and data have been 12 obtained from sources believed by the District to be reliable, and that the District has no reason to believe that they are untrue or incomplete in any material respect. The appendices and the Addendum attached hereto are an integral part of this Offering Circular and must be read in conjunction with the foregoing material. So far as any statements made in this Offering Circular involve matters of opinion, forecasts or estimates, whether or not expressly stated,they are set forth as such and not as representations of fact. [Remainder of Page Intentionally Left Blank] 13 AUTHORIZATION OF OFFERING CIRCULAR The District has duly authorized this Offering Circular and its distribution and use by the Underwriter. SANITARY AND IMPROVEMENT DISTRICT NO.608 OF DOUGLAS COUNTY, NEBRASKA By Is/Jeff Elliot Chair,Board of Trustees APPENDIX A LOCATION MAP OF THE DISTRICT . .. . . . , - . r • • • •. . ,r• rtr t•-•••,'"3: trt... • • . •:. •• •• • , • ...„ • .. : --•r • - : ,. .. . . . „ •. . , . . . .. „ , ... . . • • Lt.L...:,,.. tt '•-..' •-,,: • „tit.,' r1 • :„. 4,tri-; -•":„1„t4ttt•-'11:4,-1--ttl.-..„, •1 . . • •• 1 ...strtt rr 'sit/ , •' -••'•" • • OrtuntrvH{34:ise Rf-tsiderrilet7•.:" rrtr •S.-. 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Ac-xs.Cirierrua,Jr2+, .3. tr r:' r'r rtrrjr t--r• ...•,;•-•.• „ I"— : r 1 1 r i i''-..... •ti Googie i-- . . ,..___i_•:), 1 . 7 1 ---,. •,,,e...: ,,,. . 1 1 ,.. .." .,-...-4 ap data 62021 finaget y.02021cMaxar Technologies,LIS.Geological Survey,USDArFaratSenrice Agency . or Scribble Maps ... .„ . . „ . APPENDIX B DOUGLAS COUNTY,NEBRASKA INFORMATION The following financial and economic information about Douglas County, Nebraska is included because the District is located within the County. The Warrants are not a debt of, nor are they payable by, Douglas County. General Information Douglas County is a political subdivision of the State of Nebraska (the "State"). Its governmental responsibilities include general social welfare, operation of a long term care facility and community health center, operation of correctional facilities,maintenance of streets and highways not within any incorporated city,village or sanitary and improvement district, legal court related activities,licensing,recording, assessment of real property,tax collection for all State public entities within the County,conducting elections, law enforcement and sanitary landfill and solid waste disposal. The County is governed by a seven-person Board of Commissioners who are elected by district on a political ballot for staggered four-year terms(the"Board"). One commissioner is chosen by the others to be Chairperson of the Board. The Board is responsible for fixing the property levy for the County. It prepares a county budget and sets salaries of county employees and hears and makes decisions on complaints or petitions of county citizens. The Board controls matters concerning bridges, public works and all County institutions, and approves or denies all liquor licenses outside of city and village limits. The Board meets as a Board of Equalization to determine fairness of property valuations within the County. The area of Douglas County lies on the eastern border of the State with the Missouri River as its eastern boundary. Douglas County is the most populous of the 93 counties of the State. The County covers an area of approximately 331 square miles or 0.43% of the land area of the State. Most residents of the County reside in Omaha;however,the County also encompasses the first-class city of Ralston,the second-class cities of Bennington and Valley, and the villages of Waterloo and Boys Town. In addition, the fire districts of Ralston, Boys Town, Bennington,Elkhorn, Irvington,Millard,Ponca Hills,Valley and Waterloo are located in the County. Residents of the County participate in the election of 14 of the 49 members of the State Legislature. The County seat is located in Omaha,Nebraska. The County is bordered by Dodge County on the northwest, Washington County on the north, Sarpy County on the south, Saunders County on the west, and by Pottawattamie County, Iowa on the east. Major highways serving the County area include Interstates 80 and 29 and U.S. Highways 275, 75 and 6. The Union Pacific, Burlington Northern, and Chicago Northwestern Railroads provide rail facilities to the area. Two public airports are located in Omaha. The rural portion of the County is mainly agricultural with the principal crops being corn and soybeans,along with livestock operations in such portion of the County. Ten Largest Employers(2019) Company No.of Employees 1.CHI 5,000+ 2.Methodist Health System 5,000+ 3.First Data 2,500-4,999 4.Children's Hospital 2,500-4,999 5.Nebraska Medicine 2,500-4,999 6.University of Nebraska Medical Center 2,500-4,999 7.First National Bank 2,500-4,999 8.Union Pacific Railroad 2,500-4,999 9.Mutual of Omaha 2,500-4,999 10.Omaha Public Power District 1,000—2,499 Source: Greater Omaha Chamber of Commerce Employment History Nebraska U.S.Unemployment Douglas Co. Unemployment Rate Rate(Civilian Unemployment (Not Seasonally Noninstitutional Year Labor Force Employment Rate Adjusted) Population) 2018 293,923 284,929 3.1% 2.8% 3.9% 2017 290,535 281,448 3.1 2.9 4.4 2016 287,729 278,212 3.3 3.1 4.9 2015 286,637 277,160 3.3 3.0 5.3 2014 286,124 275,745 3.6 3.3 6.2 Source: Nebraska Department of Labor(NE Works) Demographic and Economic Statistics Calendar Years 2013-2017 High Personal Per Capita School Bachelor's Income Personal Median Graduate Degree or School Year Population (000's) Income Age or Higher Higher Enrollment 2017 561,620 $33,378,563 $58,640 34.3 89.7 37.9 151,104 2016 554,168 $32,778,766 $59,061 34.1 89.4 37.6 152,512 2015 549,168 $30,920,092 $57,850 34.3 86.9 37.1 152,870 2014 543,312 $30,879,187 $57,126 34.2 89.3 36.6 153,534 2013 537,438 $27,840,309 $51,798 34.0 89.5 36.4 153,146 Source: Population-US.Census Bureau/Population Division Personal Income-US.Bureau of Economic Analysis iTable Per Capita Personal Income-U.S.Bureau of Economic Analysis iTable Median Age-US.Census Bureau-2012-2016 American Community Survey Education-Level in Years of Schooling-U.S.Census Bureau-2012-2016 American Community Survey School Enrollment-US.Census Bureau American Community Survey-2012-2016 American Community Survey School Enrollment 2010 Census ACS 2016 ACS 2017 Nursery School,Preschool 9,529 9,913 9,582 Kindergarten 7,153 7,903 8,106 Elementary School(1-8) 55,468 60,629 60,849 Secondary School(9-12) 29,776 29,560 29,406 College or Graduate School 43,070 44,508 43,161 Source: 2010 U.S.Census Bureau:American Community Survey 2016,2017 TOTAL POPULATION (2014-2018) Change From Preceding Period Year Population Number Percent(Rounded to Nearest 0.1) 2018 566,880* 5,260 1.0 2017 561,620 6,625 1.2 2016 554,995 5,827 1.1 2015 549,168 5,856 1.1 2014 543,312 5,829 1.1 Source: US.Census Bureau,Population Division(*Based on Census Bureau Vintage 2018 Population Estimate) B-2 Population by Age and Sex (2017) General Demographic Characteristics Estimate Total population 549,709* Sex and Age Male 270,917 Female 278,789 Under five years 41,820 5-9 years 39,884 10-14 years 38,100 15-19 years 36,341 20-24 years 36,724 25-34 years 87,468 35-44 years 71,513 45-54 years 68,407 55-59 years 33,910 60-64 years 29,894 65-74 years 38,279 75-84 years 18,603 85 years and over 8,763 Source: U.S. Census Bureau;American Community Survey 2016(*Note the population number in this table is an estimate only for purposes of these statistics) Principal Property Taxpayers (2018) OWNER NAME TAXABLE VALUE REAL ESTATE First National Bank of Omaha $229,706,350 SFI LTD Partnership 170,274,200 East Campus Realty LLC 104,099,600 Westroads Mall LLC 92,748,100 168th and Dodge LP 90,866,500 Conagra 89,512,670 Wal-Mart 89,703,400 City of Omaha - 87,752,900 TD Ameritrade Service Co 87,466,500 Riverfront Campus Developers 84,225,900 Oak View Mall LLC 80,440,300 Quadtech LLC 77,130,600 First Data 75,955,600 Nebraska Furniture Mart 67,434,100 Target Corporation 59,989,600 Source: Douglas County Assessor's Records Taxable Valuation and Tax Levies Tax Year Levy County-Wide (0/$100 Taxable Value) Taxable Value* 2018-19 28.059 $44,225,933,115 2017-18 28.059 42,036,416,590 2016-17 28.059 40,268,944,370 2015-16 28.059 39,038,137,635 2014-15 28.059 37,585,330,630 'Does not include motor vehicle valuations. Source: Douglas County(2018-2019 Adopted Budget) B-3 Net Taxable Sales—Based on Sales Tax (Sales in Thousands of Dollars) Year Douglas County 2018 $10,023,420 2017 9,351,531 2016 9,152,773 2015 8,925,845 2014 8,897,828 Source: Nebraska Department of Revenue New Privately Owned Housing Units Authorized in Permit Issuing Places Year Units 2017 - 3,402 2016 2,703 2015 2,788 2014 2,572 2013 2,657 Source: US.Census Bureau(quickfacts) B-4 APPENDIX C FORM OF INVESTOR LETTER [Date] First National Capital Markets,Inc. Omaha,Nebraska Sanitary and Improvement District No.608 of Douglas County,Nebraska Kutak Rock LLP Omaha,Nebraska Re: $ [Construction] [General]Fund Warrants Ladies and Gentlemen: The undersigned is the purchaser (the "Purchaser") of $ in aggregate principal amount of [Construction] [General] Fund Warrants(the"Warrants")issued by Sanitary and Improvement District No. 608 of Douglas County,Nebraska (the "District") and is making the representations, agreements and statements set forth in this investor letter(this"Letter")as an inducement to the District to issue and sell the Warrants to the Purchaser. In connection with the purchase of the Warrants,the Purchaser acknowledges,agrees and represents as follows: 1. The Purchaser has been advised that: (a)the Warrants are not registered under the Securities Act of 1933,as amended(the"Securities Act"),or with any state securities agency or commission; and(b)the District is not presently required to register under Section 12 of the Securities and Exchange Act of 1934,as amended(the "Exchange Act"). The Purchaser therefore understands that,if and when it wishes to resell the Warrants,there may not be available current business and financial information about the District. In addition,the Purchaser will not offer, sell or otherwise dispose of the Warrants, except (i) in material compliance with all applicable state and federal securities laws, including Rule 15c2-12 (ii) with full and accurate disclosure of all material facts, to the extent required by law,to the prospective purchaser(s)or transferee(s), and(iii) either under effective federal and state registration statements(which the District shall in no way be obligated to provide)or pursuant to exemptions from such registrations. Accordingly, the Purchaser understands that it may need to bear the risks of this investment for an indefinite time since any sale or transfer prior to the maturity of the Warrants may not be possible or permitted or may be at a price below that which the Purchaser is paying for the Warrants. 2. The Purchaser is (a)a bank, registered investment company, insurance company or other institutional"accredited investor" as defined in Rule 501(a)(1), (2),(3)or(7) of Regulation D promulgated by the Securities and Exchange Commission pursuant to the Securities Act, (b)a"qualified institutional buyer"as defined in Rule 144A promulgated by the Securities and Exchange Commission pursuant to the Exchange Act and under various state securities laws and is not an individual or(c)described in Paragraph 4. 3. The Purchaser is duly and validly organized under the laws of its jurisdiction of incorporation or organization, is duly and legally authorized to purchase obligations such as the Warrants and has satisfied itself that the Warrants are a lawful investment for this organization under all applicable laws. The Purchaser can bear the economic risk of the purchase of the Warrants and has such knowledge and experience in business and financial matters, including the analysis of a participation in the purchase of similar investments,as to be capable of evaluating the merits and risks of an investment in the Warrants and are aware of the use of the proceeds and the risks involved therein. 4. If not described in Paragraph 2, the Purchaser is a registered investment advisor purchasing the Warrants for inclusion in the portfolio of a registered investment.company advised by the Purchaser and over whose transactions it has discretionary power. If described in this Paragraph 4,it has such knowledge and experience in business and financial matters, including the analysis of a participation in the purchase of similar investments, as to be capable of evaluating the merits and risks of an investment in the Warrants, and the investment company for which the Purchaser is purchasing the Warrants is duly and validly organized under the laws of its jurisdiction of incorporation or organization and can bear the economic risk of the purchase of the Warrants. 5. The Warrants have been purchased for the account of the Purchaser(except as described in Paragraph 4, in which instance it has been purchased for the account of one registered investment company managed by the Purchaser) for investment and not with a view to the distribution,transfer or resale of all or any portion thereof, provided that the Purchaser may transfer the Warrants to an affiliate at any time, and provide further that the disposition of the Warrants shall at all times be within the sole control of the Purchaser (subject to the provisions of Paragraph 1). The Purchaser agrees to indemnify and hold harmless the addressees of this Letter with respect to any and all claims arising from or related to its sale or transfer of the Warrants. 6. The Purchaser has been offered a sufficient opportunity to conduct an investigation concerning the terms and conditions of the offering of the Warrants and to obtain any information on the status of the District. The Purchaser is familiar with the condition, financial or otherwise, of the District and has been furnished all operational and financial information about the District deemed necessary to the Purchaser to evaluate the merits and risks of an investment in the Warrants. 7. The Purchaser has received and reviewed a copy of the resolutions adopted by the Board of Trustees of the District approving the issuance of the Warrants, each of the documents approved thereby and any other documents it deemed necessary in connection therewith. 8. The Purchaser has not relied and does not rely on any party other than the District or its agents for furnishing or verifying information requested by the Purchaser relating to the District or information relating to the terms of the Warrants and terms of the underlying transactions related to the Warrants. All statements and representations of the Purchaser in this Letter are made solely and exclusively in connection with its purchase of the Warrants and are made solely for the benefit of the addressees hereto and no other party shall or may be a third party beneficiary hereof. The foregoing statements and representations shall survive the execution and delivery to the Purchaser of the Warrants and the instruments and documents contemplated thereby. Very truly yours, PURCHASER By: Title: C-2 APPENDIX D CONTINUING DISCLOSURE UNDERTAKING The following comprises the District's continuing disclosure undertaking pursuant to Securities and Exchange Commission Rule 15c2-12(b)(5) which the District has incorporated by reference into the resolution approving this Offing Circular. (a) The District does hereby covenant and agree and enters into the written undertaking set forth below(the"Undertaking")for the benefit of the holders of the construction fund warrants and the general fund warrants (collectively, the "Warrants") issued pursuant to the Offering Circular to which this Undertaking is attached in accordance with Section(b)(5) of Securities and Exchange Commission Rule 15c2-12 under the Securities Exchange Act of 1934, as amended(17 C.F.R. §240.15c2-12)(the"Rule"). Capitalized terms used in this Undertaking and not otherwise defined in this Undertaking shall have the meanings assigned such terms in subsection(d)hereof. It being the intention of the District that there be full and complete compliance with the Rule, this Undertaking shall be construed in accordance with the written interpretative guidance and no-action letters published from time to time by the Securities and Exchange Commission and its staff with respect to the Rule. (b) The District undertakes to provide,via SID Services,LLC, as Dissemination Agent pursuant to a Dissemination Agent Agreement between the District and SID Services, LLC (the "Dissemination Agent"),the following information as provided in this Undertaking: (i) Annual Financial Information; (ii) Audited Financial Statements, if any;and (iii) Listed Event Notices. (c) The District shall provide any information or notice required by this Undertaking to the Dissemination Agent. The Dissemination Agent will not be responsible for compiling any of the information required by this Undertaking. The District shall while any Warrants are outstanding provide: (i) the Annual Financial Information on or before March 31 of each year(the"Report Date")to the MSRB in an electronic format accompanied by identifying information as prescribed by the MSRB. If the District changes its fiscal year, it shall provide written notice of the change of fiscal year to the MSRB. It shall be sufficient if the District provides to the MSRB any or all of the Annual Financial Information by specific reference to documents previously provided to the MSRB or filed with the Securities and Exchange Commission and, if such a document is a final official statement within the meaning of the Rule,available from the MSRB. (ii) If not provided as part of the Annual Financial Information, the District shall provide the Audited Financial Statements when and if available while any Warrants are outstanding to the MSRB. (Hi) If a Listed Event occurs while any Warrants are outstanding, the District shall provide a Listed Event Notice in a timely manner, not in excess of 10 business days after the occurrence of the event, to the MSRB. Each Listed Event Notice shall be so captioned and shall prominently state the date and title of the Warrants. (iv) The District shall provide in a timely manner to the MSRB notice of any failure by the District while any Warrants are outstanding to provide to the MSRB Annual Financial Information on or before the Report Date. (v) Any filing or report under this Undertaking may be made solely by transmitting such filing or report to the MSRB in an electronic format accompanied by identifying information as prescribed by the MSRB. (d) The following are the definitions of the capitalized terms used in this Undertaking and not otherwise defined in this Undertaking: (i) "Annual Financial Information" means the financial information or operating data with respect to the District, provided at least annually,of the type included in Appendix E in the final offering circular. The financial statements included in the Annual Financial Information shall be prepared in accordance with generally accepted accounting principles ("GAAP") for governmental units as prescribed by the Govemment Accounting Standards Board ("GASB"). Such financial statements may,but are not required to be,Audited Financial Statements. (ii) "Audited Financial Statements" means the District's annual financial statements, prepared in accordance with GAAP for governmental units as prescribed by GASB, which financial statements shall have been audited by such auditor as shall be then required or permitted by the laws of the State of Nebraska. (iii) "Listed Event"means any of the following events with respect to the Warrants: (A) Principal and interest payment delinquencies; (B) Non-payment related defaults,if material; (C) Unscheduled draws on debt service reserves reflecting financial difficulties; (D) Unscheduled draws on credit enhancements reflecting financial difficulties; (E) Substitution of credit or liquidity providers,or their failure to perform; (F) Adverse tax opinions, the issuance by the Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701— TEB) or other material notices or determinations with respect to the tax status of the Warrants,or other material events affecting the tax status of the Warrants; (G) Modifications to rights of Warrantholders,if material; (H) Warrant calls,if material,and tender offers; (I) Defeasances; (J) Release, substitution or sale of property securing repayment of the Warrants,if material; (K) Rating changes; (L) Bankruptcy,insolvency,receivership or similar event of the District; (M) The consummation of a merger, consolidation or acquisition involving the District or the sale of all or substantially all of the assets of the District other than in the ordinarycourse of business,the entry ry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material; D-2 (N) Appointment of a successor or additional paying agent or the change of name of a paying agent,if material; (0) Incurrence of a financial obligation of the District, if material, or agreement to covenants, events of default, remedies,priority rights,or other similar terms of a financial obligation of the District,any of which affect security holders, if material;and (P) Default, event of acceleration,termination event, modification of terms, or other similar events under the terms of a financial obligation of the District, any of which reflect financial difficulties. (iv) "Listed Event Notice"means electronic notice of a Listed Event. (v) "MSRB" means the Municipal Securities Rulemaking Board. On July 1, 2009 the MSRB became the sole repository to which the District must electronically submit Annual Financial Information, Audited Financial Statements, if any, and Listed Event Notices pursuant to this Undertaking. Reference is made to Commission Release No. 34-59062, December 8, 2008 (the "Release") relating to the MSRB's Electronic Municipal Market Access ("EMMA") system for municipal securities disclosure which became effective on July 1, 2009. To the extent applicable to this Undertaking,the District shall comply with the Release and with EMMA. (e) The continuing obligation hereunder of the District to provide Annual Financial Information, Audited Financial Statements, if any, and Listed Event Notices shall terminate immediately once the Warrants no longer are outstanding. This Undertaking,or any provision hereof, shall be null and void in the event that the District obtains an opinion of nationally recognized bond counsel to the effect that those portions of the Rule which require this Undertaking, or any such provisions, are invalid, have been repealed retroactively or otherwise do not apply to the Warrants, provided that the District shall have provided notice of such delivery and the cancellation of this Undertaking to the MSRB. (f) This Undertaking may be amended, without the consent of the Warrantholders, but only upon the District obtaining an opinion of nationally recognized bond counsel to the effect that such amendment, and giving effect thereto, will not adversely affect the compliance of this Undertaking by the District with the Rule, provided that the District shall have provided notice of such delivery and of the amendment to the MSRB. Any such amendment shall satisfy, unless otherwise permitted by the Rule, the following conditions: (i) The amendment may only be made in connection with a change in circumstances that arises from a change in legal requirements, change in law or change in the identity, nature or status of the District or type of business conducted; (ii) This Undertaking, as amended, would have complied with the requirements of the Rule at the time of the primary offering, after taking into account any amendments or interpretations of the Rule,as well as any change in circumstances;and (Hi) The amendment either(i)is approved by the Warrantholders in the same manner as provided in the Resolution for amendments thereto with the consent of Warrantholders, or (ii) does not, in the opinion of the Dissemination Agent or nationally recognized bond counsel, materially impair the interests of the Warrantholders. (g) The initial Annual Financial Information after the amendment shall explain, in narrative form, the reasons for the amendment and the effect of the change, if any, in the type of operating data or financial information being provided. (h) Any failure by the District to perform in accordance with this Undertaking shall not constitute an event of default with respect to the Warrants. If the District fails to comply herewith, any Warrantholder may take such actions as may be necessary and appropriate, including seeking specific performance by court order,to cause the District to comply with its obligations hereunder. D-3 APPENDIX E FINANCIAL INFORMATION AND OPERATING DATA OF THE DISTRICT Operating Data THE DISTRICT General Woodsonia North Streams,LLC(the"Developer")established Sanitary and Improvement District No.608 of Douglas County,Nebraska,commonly known as The Streams(the"District"),in July of 2020 in accordance with Section 31-727 et seq.,Reissue Revised Statutes of Nebraska,as amended(the"Act"). The District lies within the zoning jurisdiction of the City of Omaha,Nebraska(the "City"). The District and the Developer entered into a Subdivision Agreement with the City pursuant to which the City approved the zoning and platting of the District and the District agreed to levy special assessments with respect to the District's public improvements and to levy ad valorem taxes. The District receives its water and gas services from the Metropolitan Utilities District. Omaha Public Power District and the City of Omaha provide the District and its residents with electrical services and sanitary sewer services,respectively. The District lies within the Millard Public School District and the Gretna Public School District. A location map of the District and related information about the County are included in Appendix A and Appendix B, respectively,attached hereto. District Development The District is located on the north side and south side of Q Street to the east of 204'h Street.The District is split into North Streams, which is north of Q Street, and South Streams, which is south of Q Street in Douglas County,Nebraska. The infrastructure for North Streams is expected to be installed in two phases and consist of 27 acres of commercial lots, 23 acres of multi-family lots, 3.5 acres for a senior living facility, and 311 single-family lots.Phase 1 infrastructure for North Streams is currently being installed and the District will have buildable lots for Phase I by the spring of 2022. Phase II infrastructure for North Streams will be installed when necessary,which is estimated to be in 2024. The infrastructure for South Streams is expected to be installed in one phase and consist of 9.5 acres of commercial lots, 233 single family lots, and one custom multi-family residential building. The installation of the infrastructure for South Streams will begin in the fall of 2021 and South Streams should have buildable lots by the end of 2022. Board of Trustees A five-member Board of Trustees governs the District. The current members are as follows: Jeff Elliot Chair Drew Snyder Clerk Christian Kloster Trustee Scott Kinkaid Trustee Carson Stratman Trustee All current members of the Board of Trustees are associated with the Developer. Thus, the Developer effectively controls the decisions of the Board of Trustees relating to District matters, including the letting of construction contracts and the issuance of bonds and warrants. Under the Act, elections for members of the Board of Trustees occur every two years. The next Board of Trustees election is in September 2022. As provided by the Act, over a period of six to eight years, the control of the District by the Developer through the Board of Trustees may shift to resident property owners of the District. Financial Information The District currently has outstanding approximately $3,148,887 in construction fund warrants, approximately $87,995 in general fund warrants, and no outstanding general obligation bonds. The District expects E-2 to issue construction fund warrants to pay for costs of the public infrastructure in the District totaling $38,487,170. The District expects to issue no more than $250,000 of general fund warrants annually to pay for operating expenses. The estimated taxable valuation upon completion of the development in the District is $356,297,600.In addition to the District's tax levy(which, for the 2020/2021 fiscal year is set at$0.00 per$100 of taxable valuation, but is expected to be set at$0.90 for the 2021/2022 fiscal year), the levy payable by District property owners will also include the following taxing entities: 2020/2021 Other Taxing Entities Douglas County 0.29559 County Library 0.02085 Metro Community College 0.09500 Papio/Missouri NRD 0.03738 ESU No.3 0.01500 Learning Community 0.01605 Millard Suburban Fire 0.13603 Millard Schools(North Streams) 1.22600 Gretna Schools(South Streams) 1.41592 The Developer Drew Snyder and Jeff Elliot will be making the development decisions for the Developer. Drew Snyder started his real estate career in 2005 as a commercial broker in Lincoln,Nebraska. He relocated to Kansas City and began investing in real estate throughout the Midwest. He has since moved back to Omaha, Nebraska, where he founded Woodsonia Real Estate ("Woodsonia"), which invests in new developments and current commercial buildings. Woodsonia owns and manages over $120 million in properties all over the Midwest. Jeff Elliot joined Woodsonia in 2014. Jeff is a registered professional engineer and was the President of E&A Consulting before joining Woodsonia. Jeff has over 30 years of professional experience with new residential and commercial developments. Jeff previously served on the Greater Omaha Chamber of Commerce and the Sarpy County Economic Development Corporation and is currently a member of the City of Omaha Urban Design Review Board. The Developer is critical to the development of the District as a residential, commercial, and multi-family subdivision and to the ultimate payment of the District's warrants, including the Warrants. The Developer is responsible for the planning and organization of the District and for the sale of lots in the District. This is particularly the case of the District because of its start-up nature. The real property owned by the Developer within the District is subject to a lien for the payment of all special assessments and ad valorem taxes. As the initial sole landowner in the District,the Developer's ability to pay timely such special assessments and ad valorem taxes will be crucial to the timely payment of the Warrants. The Developer is not personally liable for the payment of any such assessments or taxes, and the District has no recourse in the event of delinquency against any assets of the Developer (or any other property owner) other than its real property located in the District on which the taxes are levied. PERSONAL FINANCIAL STATEMENTS OF THE DEVELOPER ARE NOT AVAILABLE,HAVE NOT BEEN PROVIDED TO THE UNDERWRITER OR THE MUNICIPAL ADVISOR, AND WILL NOT BE PROVIDED IN THE FUTURE. Conflicts in the allocation of time and resources may arise with respect to the Developer as between the District and the other districts organized by the Developer, potentially to the detriment of the District. None of the Subdivision Agreement, the resolutions or the District's governing documents directly restricts the business activities of the Developer or any affiliates. Accordingly, the Developer or any affiliates may become engaged in other full time business activities and only devote such of their time and attention to the operation or success of the District as they, in their discretion, determine necessary in the circumstances. The Developer or any of its affiliates may develop additional sanitary and improvement districts, whether such districts are in the vicinity of the District or are in competition with the District. E-3 Plan of Financing The District is a start-up district for which the level of residential housing demand is untested. The District expects the development of the District to be substantially complete within ten years. Because of the start-up nature of the District,however,the District is unable to determine whether in fact there will be sufficient demand to realize such plans. As set forth above, the District expects to issue approximately $38,487,170 of construction fund warrants to fund the costs of installing public infrastructure in the District. 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CO =4. y ,,,,,, c .....1-y <4",..1 C ffiyi a) E ro :.M-1- .:T=.9.-..-5 Ii..1 LL s c co Er,,,, U. gig0- 10'g = 0,L) 1-" , , l CO l;), aCo Li. =mai Co - E 3, C i 333, L.. ,-,,-, c CO c 33. 0 C . 3.a 83 '33 AT, WrI a ri co i A,a'ara:..-a „c„......„ 00 - rl r, "3.3 5 3,1 4 al N ,__, N Ln op Mg 0 L Ca , I 0 N ,0 ,1 CO aai° :,gl ri 0 .,., C9 CN L-I CO e-I in ria':g u- oo +-• a.1 r4(» at 'u_ rfir;.;0 -T::: , I6- Et' Figa la 7-2, u ',arra ilarar U. ..•„1; brarri rn u 05 ar, t i mi ...., E.- E, Eig E ...E-er?, &---, ,,-:Lin rarrr N aartar rn 0 ', 'N r.“1 In .D 0 ul gi Nrn I 'Lt.' gai ,"!tn N k ,0 ,- 0 u, a4 u 0 - u .1/4. V)EgiiL 0 AGREEMENT TO PURCHASE/PLACE OBLIGATIONS THIS AGREEMENT TO PURCHASE/PLACE OBLIGATIONS (the "Agreement") is entered into as of , 2021 by and between FIRST NATIONAL CAPITAL MARKETS INC., ("FNCMI") and SANITARY AND IMPROVEMENT DISTRICT NO. 608—"SOUTH STREAMS" OF DOUGLAS COUNTY, NEBRASKA(the"District"). WHEREAS, the District is a sanitary and improvement district duly organized and validly existing under Section 31-727 et seq., Reissue Revised Statutes of Nebraska, as amended (the "Act") and is a body corporate and politic and a political subdivision of the State of Nebraska(the "State"); and WHEREAS, the District is organized for the purposes, among other things, of constructing and installing streets, utilities and other infrastructure improvements and operating and maintaining the District as a political subdivision of the State (collectively, the "Improvements"); and WHEREAS, the District is authorized under the Act to issue and sell its warrants and general obligation bonds to finance the Improvements, and the District desires the services of an underwriter to purchase such warrants or bonds or to assist the District with the placement of such warrants and bonds; and WHEREAS, the District and Kuehl Capital Corporation ("KCC") have entered into Contract for Financial Advisor Services pursuant to which KCC has agreed to serve as financial advisor to the District; and WHEREAS, FNCMI is willing and hereby agrees to purchase or place all of the following obligations of the District which FNCMI and the District mutually agree are marketable (i)the District's general fund warrants (the "General Fund Warrants"), (ii)the District's construction fund warrants in the approximate amounts as outlined in Appendix B and pursuant to Nebraska Statute (the "Construction Fund Warrants" and together with the General Fund Warrants, the "Warrants") and (iii)the District's general obligation bonds (the "Bonds"). NOW, THEREFORE, for good and valuable consideration, the parties hereto agree as follows: Section 1. Warrants. Subject to the limitations set forth in Section 4 below, FNCMI agrees to purchase or place the fully registered Warrants issued by the District which FNCMI and the District mutually agree are marketable (except annual interest Construction Fund Warrants relating to the District's outstanding Construction Fund Warrants that are deemed by FNCMI, in good faith, to be unmarketable) at the principal amount shown on each Warrant. All Warrants shall bear interest at the rate of 6.00%, unless the District and FNCMI mutually agree that Warrants shall be issued bearing interest at a different rate or rates. FNCMI shall comply with all Municipal Securities Rulemaking Board ("MSRB") rules applicable to the Warrants, including G-14, G-32 and G-34. If the District and FNCMI determine to offer the Warrants for sale to the public, the District, at its sole cost and expense, shall hire disclosure counsel and work with disclosure counsel to provide an official statement, offering circular or other offering 4845-6954-3444.3 document acceptable to FNCMI pertaining to the Warrants. If the District and FNCMI determine to place the Warrants pursuant to a private placement, including to FNCMI or an affiliate thereof, FNCMI will deliver to the District an investor letter in connection with each purchase or placement of Warrants in the form attached hereto as Appendix A executed by the purchaser(s) of such Warrants. Section 2. Terms Particular to Warrants. In order to facilitate the purchase or placement of the Warrants by FNCMI, the District and FNCMI hereby agree to the procedures set forth below: (a) KCC, on behalf of the District, will request checks from FNCMI payable to the order of the various payees in an amount equal to the par amount of each Warrant. FNCMI on a mutually agreed interval or at least the end of each month during which KCC requests checks will issue such check(s) within five (5) business days after receipt of check request, FNCMI shall issue such check. If FNCMI fails to issue checks within seven business days, the District may request FNCMI to reimburse the District for any accrued interest from the date of registration to the date the check is presented to the District, or to KCC on behalf of the District; (b) KCC, on behalf of the District, shall deliver each of such Warrants to the registrar with instructions to register the ownership of all such Warrants to FNCMI. Such registration shall constitute a representation and warranty by the District to FNCMI that: (i) each Warrant bears interest at a rate consistent with the rate previously agreed to between FNCMI and the District; (ii) each Warrant has been duly endorsed by the payee; (iii) each Construction Fund Warrant is accompanied by an approving legal opinion of nationally recognized bond counsel acceptable to the District, addressed to the District and FNCMI, that such Construction Fund Warrant has been legally issued by and is a valid obligation of the District and the interest thereon is exempt from federal and State income taxes; and (iv) each Warrant has been registered in the office of the Douglas County Treasurer; and (c) Subject to the limitation set forth in Section 1 hereof, annual interest Construction Fund Warrants will be purchased or placed by FNCMI prior to meeting the requirements of Section 2(b) provided such requirements shall be met as soon as practically possibly and no later than 60 days after the purchase or placement of such Construction Fund Warrants. Section 3. Bonds. FNCMI agrees to purchase or place, subject to the restriction set forth below, at a price to be mutually agreed to by the District and FNCMI (such purchase price may reflect a discount representing the compensation of FNCMI as further discussed in Section 5 hereof) plus accrued interest (if any), the District's registered Bonds in an aggregate principal amount as mutually agreed to by the District and FNCMI. Each issue of Bonds shall bear 2 4845-6954-3444.3 interest at the approximate nationally recognized yield curve scale (MMD, Bloomberg Fair Market Value Curve, etc.) for similar obligations in the current market as well as actual pricing data of local and regional issues of comparable obligations. The interest rates may further be adjusted to reflect changes due to a variety of market conditions that may exist at the time of issuance. If the District and FNCMI fail to reach agreement as to the interest rate(s) on any series of Bonds on a date determined by both parties to be the pricing date for such Bonds, the District has the right to sell said Bonds to another party; provided, however that such action will in no way terminate the District's obligation to place any additional Bonds of the District with FNCMI. In connection with each issuance of the Bonds, FNCMI shall serve as the underwriter (including purchasing for its own account or that of an affiliate) or the placement agent. If the District and FNCMI determine to offer the Bonds for sale to the public, the District shall provide an official statement, offering circular or other offering document acceptable to FNCMI pertaining to the Bonds. FNCMI shall comply with all MSRB rules applicable to the particular series of Bonds, including G-14, G-32 and G-34, and shall be responsible for all of the underwriting risk related to the purchase and reoffering of such Bonds. If the District and FNCMI determine to place the Bonds pursuant to a private placement, including to FNCMI or an affiliate thereof, FNCMI will deliver to the District an investor letter in connection with each purchase of Bonds in the form attached hereto as Appendix A executed by the purchaser(s) of such Bonds. The District shall be responsible for structuring each issuance of Bonds, providing FNCMI, if requested, an offering document and hiring disclosure counsel for the drafting and review of the offering document. In connection with each issuance of the Bonds, the District will arrange for the Bonds to be accompanied by an approving legal opinion of nationally recognized bond counsel acceptable to the District, addressed to the District and FNCMI, that such Bonds have been legally issued by and are valid obligations of the District and the interest thereon is exempt from federal and State income taxes. As used in this Agreement, "Bonds" refers to obligations issued to finance the acquisition, construction and equipping of capital improvements by the redemption of Construction Fund Warrants. "Bonds" does not refer to obligations issued to refund any Bonds. The District, in its sole discretion, may request FNCMI to underwrite or place its general obligation refunding bonds, and if FNCMI so agrees, then "Bonds" shall refer to such refunding bonds. Section 4. Limitations to Obligation to Purchase. Notwithstanding the provisions in Sections 1 and 3 above, FNCMI shall have no obligation to purchase any Warrants or Bonds pursuant to this Agreement if at any time hereafter any of the following shall occur: (a) additional material restrictions not in force as of the date hereof shall have been imposed upon trading in securities generally by any governmental authority or by any national securities exchange; (b) the New York Stock Exchange, or other national securities exchange, or any governmental authority, shall impose, as to the Warrants or the Bonds or obligations 3 4845-6954-3444.3 of the general character of the Warrants or the Bonds, any material restrictions not now in force, or increase materially those now in force, with respect to the extension of credit by, or the charge to the net capital requirements of FNCMI; (c) a general banking moratorium shall have been established by federal,New York or Nebraska authorities; or (d) any action, suit,proceedings, inquiry or investigation at law or in equity or before or by any court, public board or body shall be pending or threatened against the District, which is not now pending or threatened, and which, in FNCMI's reasonable opinion, could adversely affect either the District or the marketing, sale and delivery of the Warrants or the Bonds. Section 5. Compensation. As compensation for purchasing the District's Warrants, FNCMI will receive a fee payable in warrants at the time of such issuance equal to 2.5% of the aggregate principal amount of the Warrants it so purchases (excluding the principal amount of fee warrants issued by the District to pay FNCMI, as underwriter). As compensation in connection with its purchase or placement of the Bonds,FNCMI will receive a fee equal to 2.0% of the aggregate principal amount of the Bonds it purchases or places. Such fee shall be paid from the proceeds of the Bonds and may be taken as a discount from the purchase price of such Bonds, as set forth in Section 3 hereof. If FNCMI agrees to purchase the District's general obligation refunding bonds it will be compensated a percentage mutually agreed to by FNCMI and the District of the aggregate principal amount of such refunding issue. Section 6. Miscellaneous. This Agreement shall be binding upon, and inure to the benefit of, and be enforceable by the parties hereto and their respective successors and assigns, but this Agreement shall not be assignable without the prior written consent of each party hereto, except that, FNCMI may, without consent, assign this Agreement to any affiliate of FNCMI or any corporation, firm or other entity into which FNCMI may merge or consolidate or to which FNCMI may sell all or substantially all of its assets. This Agreement shall be construed, performed and enforced in accordance with, and governed by the laws of the State, without giving effect to the principles of conflicts of law thereof. No waiver of any breach or default hereunder shall be considered valid unless in writing, and no such waiver shall be deemed to be a waiver of any subsequent breach or default of the same or similar nature. This Agreement may not be modified or amended except by a written agreement signed by the parties hereto. This Agreement constitutes the entire contract between the parties relative to the subject matter hereof. [Signature Page to Follow] 4 4845-6954-3444.3 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. FIRST NATIONAL CAPITAL MARKETS INC. By Its SANITARY AND IMPROVEMENT DISTRICT NO. 608 OF DOUGLAS COUNTY,NEBRASKA By Its [Signature Page to Agreement] 4845-6954-3444.3 APPENDIX A FORM OF INVESTOR LETTER [Date] Sanitary and Improvement District No.608 of Douglas County,Nebraska Re: $ [General Obligation Bonds, Series ] [General Fund Warrants] [Construction Fund Warrants],Dated Ladies and Gentlemen: The undersigned is the purchaser (the "Purchaser") of$ in aggregate principal amount of [General Obligation Bonds,Series (the"Bonds")] [Construction Fund Warrants] [General Fund Warrants] (collectively, the "Warrants")] issued by Sanitary and Improvement District No. 608 of [Douglas] [Douglas] County,Nebraska(the"District") and is making the representations, agreements and statements set forth in this investor letter (this "Letter") as an inducement to the District to issue and sell the [Bonds] [Warrants] to the Purchaser. In connection with the purchase of the [Bonds] [Warrants],the Purchaser acknowledges, agrees and represents as follows: 1. The Purchaser has been advised that: (a) the [Bonds] [Warrants] are not registered under the Securities Act of 1933, as amended(the"Securities Act"), or with any state securities agency or commission;(b)the District is not presently required to register under Section 12 of the Securities and Exchange Act of 1934,as amended(the"Exchange Act"); and(c)the [Bonds] [Warrants] are not being issued as part of a transaction which is subject to the provisions of Rule 15c2-12 promulgated by the Securities and Exchange Commission pursuant to the Exchange Act("Rule 15c2-12"). The Purchaser therefore understands that, if and when it wishes to resell the [Bonds] [Warrants], there may not be available current business and financial information about the District. In addition, the Purchaser will not offer, sell or otherwise dispose of the [Bonds] [Warrants], except(i) in material compliance with all applicable state and federal securities laws, including Rule 15c2-12, (ii)with full and accurate disclosure of all material facts,to the extent required by law,to the prospective purchaser(s) or transferee(s) (iii)either under effective federal and state registration statements(which the District shall in no way be obligated to provide) or pursuant to exemptions from such registrations and (iv) upon the delivery by the prospective purchaser(s) or transferee(s) of an investor letter identical in form and substance of this Letter. In addition,the Purchaser will not offer, sell or otherwise dispose of the [Bonds] [Warrants] or any maturity thereof in principal amounts of less than $100,000. Accordingly, the Purchaser understands that it may need to bear the risks of this investment for an indefinite time since any sale or transfer prior to the maturity of the [Bonds] [Warrants] may not be possible or permitted or may be at a price below that which the Purchaser is paying for the [Bonds] [Warrants]. 2. The Purchaser is (a) a bank, registered investment company, insurance company or other institutional "accredited investor" as defined in Rule 501(a)(1), (2), (3) or (7) of Regulation D promulgated by the Securities and Exchange Commission pursuant to the Securities Act, (b) a "qualified institutional buyer" as defined in Rule 144A promulgated by the Securities and Exchange Commission pursuant to the Exchange Act and under various state securities laws and is not an individual or(c)described in Paragraph 4. 3. The Purchaser is duly and validly organized under the laws of its jurisdiction of incorporation or organization, is duly and legally authorized to purchase obligations such as the 4845-6954-3444.3 [Bonds] [Warrants] and has satisfied itself that the [Bonds] [Warrants] are a lawful investment for this organization under all applicable laws. The Purchaser can bear the economic risk of the purchase of the [Bonds] [Warrants] and has such knowledge and experience in business and financial matters, including the analysis of a participation in the purchase of similar investments, as to be capable of evaluating the merits and risks of an investment in the [Bonds] [Warrants] and are aware of the use of the proceeds and the risks involved therein. 4. If not described in Paragraph 2, the Purchaser is a registered investment advisor purchasing the [Bonds] [Warrants] for inclusion in the portfolio of a registered investment company advised by the Purchaser and over whose transactions it has discretionary power. If described in this Paragraph 4, it has such knowledge and experience in business and financial matters, including the analysis of a participation in the purchase of similar investments, as to be capable of evaluating the merits and risks of an investment in the [Bonds] [Warrants], and the investment company for which the Purchaser is purchasing the [Bonds] [Warrants] is duly and validly organized under the laws of its jurisdiction of incorporation or organization and can bear the economic risk of the purchase of the [Bonds] [Warrants]. 5. The [Bonds] [Warrants] have been purchased for the account of the Purchaser (except as described in Paragraph 4, in which instance it has been purchased for the account of one registered investment company managed by the Purchaser) for investment and not with a view to the distribution,transfer or resale of all or any portion thereof, provided that the Purchaser may transfer the [Bonds] [Warrants] to an affiliate at any time, and provide further that the disposition of the [Bonds] [Warrants] shall at all times be within the sole control of the Purchaser (subject to the provisions of Paragraph 1). The Purchaser agrees to indemnify and hold harmless the addressees of this Letter with respect to any and all claims arising from or related to its sale or transfer of the [Bonds] [Warrants]. 6. The Purchaser has been offered a sufficient opportunity to conduct an investigation concerning the terms and conditions of the offering of the [Bonds] [Warrants] and to obtain any information on the status the District. The Purchaser is familiar with the condition, financial or otherwise, of the District and has been furnished all operational and financial information about the District deemed necessary to the Purchaser to evaluate the merits and risks of an investment in the [Bonds] [Warrants]. 7. The Purchaser has received and reviewed a copy of the resolution adopted by the Board of Trustees of the District approving the transactions related to the [Bonds] [Warrants], including the issuance thereof,each of the documents approved thereby and any other documents it deemed necessary in connection therewith. 8. The Purchaser has not relied and does not rely on any party other than the District or its agents for furnishing or verifying information requested by the Purchaser relating to the District or information relating to the terms of[Bonds] [Warrants] and terms of the underlying transactions related to the[Bonds] [Warrants]. All statements and representations of the Purchaser in this Letter are made solely and exclusively in connection with its purchase of the [Bonds] [Warrants] and are made solely for the benefit of the addressees hereto and no other party shall or may be a third party beneficiary hereof. The foregoing statements and representations shall survive the execution and delivery to the Purchaser of the [Bonds] [Warrants] and the instruments and documents contemplated thereby. 4845-6954-3444.3 Very truly yours, [PURCHASER] By: Name: Title: 4845-6954-3444.3 APPENDIX B FINANCING CONDITIONS &LIMITATIONS D-608 South Streams • General Fund Warrant limitations: The District expects to issue approximately$100,000 of General Fund warrants annually for registration for the first five years with increases coming after valuation is established. Any significant adjustments to General Fund warrant issuance will be presented to the Purchaser with feasibility analysis. • Construction Fund Warrant Limitations: The public improvements costs for the South Streams portion of the District are estimated to be $17,408,200; with the distribution of costs to be 41.26% Special Assessments, 52.44% General Obligation and 6.29% General Obligation Reimbursables. Any overage of general obligation costs or increase in the ratio of G.O. costs as a percentage of total costs must be financially feasible and the District will provide the underwriter with the cash flow analysis evidencing the feasibility. These costs are in additional to the North Streams phase 1 and 2 costs and the feasibility analysis will include both North Streams and South Streams. Any amendment to the overall cost limits and/or distribution between General Obligation costs, Special Assessments, and private payment of costs must be financially feasible for the District based on reasonable assumptions. Upon receiving the proposed Special Assessments from the District's Engineer, the District will cause the Municipal Advisor to forward the proposed Special Assessments along with the impact analysis to the Underwriter for review. Any amendment beyond 10% of the issuance amounts detailed at the beginning of each phase must be approved by the Underwriter prior to specials being levied. • Interest on outstanding Construction Fund warrants will be paid annually on October 1st 4845-6954-3444.3 0 First National Capital Markets Member FINRA&SI PC August 9, 2021 First National Capital Markets, Inc. 1620 Dodge Street, Stop 1104 Omaha,NE 68197 Attn: Re: Disclosures by Underwriter Pursuant to MSRB Rule G-17 &G-23 Series 2021 Warrants Dear • We are writing to provide you, as the Chair of Sanitary and Improvement District No. 608 of Douglas County,Nebraska(the "District"), with certain disclosures relating to the above captioned bond issue (the "Bonds"), as required by the Municipal Securities Rulemaking Board ("MSRB") Rule G-17 ("Rule G-17")as set forth in MSRB Notice 2012-25(May 7,2012).1 and MSRB Rule G-23 (together with Rule G-17,the "Rules"). You may engage First National Capital Markets, Inc. ("FNC1VII")to serve as an underwriter, and not as a financial advisor or municipal advisor, in connection with the purchase of the Bonds. As part of our services as underwriter,FNCMI may provide advice concerning the structure,timing,terms, and other similar matters concerning the issuance of the Bonds. Section 1. Disclosures Concerning the Underwriter's Role. In serving as underwriter for the Bonds, these are some important disclosures that clarify FNCMI's role and responsibilities in connection with the Rules: (a) FNCMI is an underwriter and not a financial advisor; (b) Rule G-17 requires an underwriter to deal fairly at all times with both municipal issuers and investors; (c) FNCMI's primary role is to purchase or arrange for the purchase of the Bonds with a view to distribution in an arm's-length commercial transaction with the District. FNCMI has financial and other interests that differ from those of the District in regards to the sale of the Bonds. FNCMI will not engage in a course of conduct that is inconsistent with an arm's length relationship with the District in connection with the issuance and sale of the Bonds; 1 Interpretive Notice Concerning the Application of MSRB Rule G-17 to Underwriters of Municipal Securities (effective August 2,2012). 1620 Dodge Street Stop 1104 • Omaha, Nebraska 68197 • 402.602,7463 • 800.989.2999 • www.fncapitalmarkets.com Page 2 (d) Unlike a municipal advisor,FNCMI does not have a fiduciary duty to the District under the federal securities laws and is, therefore, not required by federal law to act in the best interests of the District without regard to its own financial or other interests; (e) FNCMI has a duty to purchase or arrange for the purchase of the Bonds from the District at a fair and reasonable price,but must balance that duty with its duty to sell or arrange for the sale of the Bonds to investors at prices that are fair and reasonable; and (f) FNCMI will review the official statement for the Bonds in accordance with, and as part of, its responsibilities to investors under the federal securities laws, as applied to the facts and circumstances of this transaction. Section 2. Disclosures Concerning the Underwriter's Compensation. FNCMI will be compensated by a fee that will be set forth in the Bond Purchase Agreement(the"Purchase Agreement"), between the District and the co-underwriter FNCMI selects, relating to the Bonds, to be negotiated and entered into in connection with the sale and delivery of the Bonds. Payment or receipt of the underwriting fee will be contingent on the closing of the transaction and the amount of the fee may be based,in whole or in part, on a percentage of the principal amount of the Bonds. While this form of compensation is customary in the municipal securities market, it presents a conflict of interest since FNCMI may have an incentive to recommend to the District a transaction that is unnecessary or to recommend that the size of the transaction be larger than is necessary. Section 3. Additional Conflicts Disclosures. Conflicts of Interest/Payments to or from Third Parties. FNCMI intends to enter into a separate agreement with a co-underwriter that enables the co- underwriter to distribute the Bonds underwritten by or allocated to FNCMI. Under that agreement,FNCMI will share with co-underwriter a portion of the fee or commission paid to FNCMI. Section 4. Complexity/Risks Associated with the Issuance of the Bonds. The Bonds are tax- exempt obligations. This requires that you comply with various Internal Revenue Service ("IRS") requirements and restrictions relating to how you use and invest the proceeds of the Bonds, how you use any improvements or public infrastructure constructed with proceeds of the Bonds and other restrictions throughout the term of the Bonds. These requirements and restrictions may constrain how you utilize improvements financed with the proceeds of the Bonds and/or finance other improvements in the District. Further,violation of these requirements and restrictions can result in the Bonds becoming taxable and may cause you to become liable to the IRS and to the investors. In addition,in the event of an audit of the Bonds by the IRS, obtaining an independent review of IRS positions with which you legitimately disagree is difficult and may not be practicable. As with any municipal bond issue,your obligation to pay principal and interest will be a contractual obligation that will require you to make these payments no matter what constraints you encounter. This may require the District to substantially raise its bond fund levy prior to maturity of the Bonds. Depending upon the terms of the Bonds, if you fail to make a payment of principal or interest,bondholders may have the right to petition for the appointment of an administrator in lieu of the District Board of Trustees. The Board of Trustees or the new administrator, if any, may negotiate agreements to compromise the Bonds, 2 Under federal securities law, an issuer of securities has the primary responsibility for disclosure to investors. The review of the official statement by FNCMI is solely for purposes of satisfying its obligations under the federal securities laws and such review should not be construed by the District as a guarantee of the accuracy or completeness of the information in the official statement. Page 3 including the issuance of new bonds in conjunction with a workout. This effort can include a voluntary Chapter 9 bankruptcy filing by the District. The District has previously adopted a resolution outlining the Federal tax law and disclosure requirements associated with any issuance of tax-exempt obligations. The issuance of the Bonds will be subject to such procedures, including but not limited to an obligation to review educational resources regarding post-issuance compliance with Federal tax laws and to review tax documents executed in connection with the issuance of the Bonds to ensure compliance with applicable yield restriction requirements under Section 148(a)of the Internal Revenue Code. Section 5. Miscellaneous. If the District has any questions or concerns about these disclosures, then you should make those questions or concerns known immediately to the undersigned. In addition,the District should consult with its own financial and/or municipal, legal, accounting, tax, and other advisors, as applicable,to the extent it deems appropriate. It is our understanding that you have the authority to bind the District by contract with us,and that you are not a party to any conflict of interest relating to the subject transaction. If our understanding is incorrect,please notify the undersigned immediately. Under the Rules,we are required to seek your acknowledgement that you have received this letter. Accordingly,please send me an email to that effect or sign and return the enclosed copy of this letter to me at the address set forth above/below. Depending on the structure of the transaction that the District decides to pursue, Rule G-17 may require us to send you additional disclosures regarding the material financial characteristics and risks of such transaction. Sincerely, FIRST NATIONAL CAPITAL MARKETS,INC. By: aJess2.4.44-frtt iss, President ACKNOWLEDGEMENT OF RECEIPT: By: Name: Title: Thompson, Dreessen & Dorner, Inc. INVOICE Consulting Engineers & Land Surveyors Please remit to: engineering TD2 Nebraska Office TD2 South Dakota Office & surveying 10836 Old Mill Road;Omaha,NE 68154 5000 S.Minnesota Ave.,Ste.300;Sioux Falls,SD 57108 Office:402/330-8860 Fax:402/330-5866 Office:605/951-0886 SID#608(NORTH STREAMS) Invoice number 145542 MR. LARRY JOBEUN Date 08/19/2021 FULLENKAMP JOBEUN JOHNSON &BELLER LLP 11440 WEST CENTER ROAD, SUITE C Project 2238-105 SID#608(NORTH STREAMS) OMAHA, NE 68144 MISCELLANEOUS SERVICES Professional Services from July 5,2021 through August 08,2021 Current Description Billed Civil Engineering Services 931.06 Attend SID meeting, contract administration,project management, site visits regarding sediment basin issues. Erosion Control Monitoring and Reporting Services 1,384.40 Total 2,315.46 Invoice total 2,315.46 Aging Summary Invoice Number Invoice Date Outstanding Current Over 30 Over 60 Over 90 Over 120 145056 07/21/2021 1,975.17 1,975.17 145542 08/19/2021 2,315.46 2,315.46 Total 4,290.63 4,290.63 0.00 0.00 0.00 0.00 Terms Net 30 Days.A Finance Charge of 1 1/2%Per Month(18%per Annum) Will Be Charged on Past Due Accounts.Also Liable for all Legal and Collection Fees. Invoices not paid within 90 days of the invoice date will be subject to possible lien filings. SID#608(NORTH STREAMS) Invoice number 145542 Invoice date 08/19/2021 Page 1 FULLENKAMPn JOHN H. FULLENKAMP J JOBEUN LRK B.JOHNA. SON MARK B.JOHNSON BRENT W.BELLER JOHNSON & JUDE J.BELLER ® B BELLER LLP Writers Email:larry@fdjlaw.com Writers Direct Dish 402-691-5266 August 30, 2021 Chairman and Board of Trustees Sanitary and Improvement District No. 608 of Douglas County,Nebraska Statement of Services Rendered Preparation of Certificate of Indebtedness to be filed with the Register of Deeds. Preparation of letter to accountants re: threatened and pending litigation. Various correspondence with the accountant and municipal advisor on behalf of the District. 2021 Budget Hearing: Draft and prepare notice of meeting, send to paper for publication, County Clerk and Trustees; attend meeting, draft minutes and prepare warrants; send for signatures; send copies of minutes to fiscal agent and County Clerk;telephone conference with accountant re: preparation of Budget Summary, prepare Notices and publication of same; file budget with County Clerk and State Auditor. LEGAL FEES: $5,000.00 EXPENSES: Filing Fees, Publications,Copying, $6,945.08 &Postage TOTAL AMOUNT DUE: $11,945.08 Respectfully submitted, /s/Larry A. Jobeun 11440 WEST CENTER ROAD• OMAFIA,NEBRASICA 68144• PHONE:402-334-0700•FAX:402-334-0815 • 402-691-5270 Thompson, Dreessen & Dorner, Inc. . INVOICE Consulting Engineers & Land Surveyors Please remit to: engineering TD2 Nebraska Office TD2 South Dakota Office & su rveyi ng 10836 Old MITI Road;Omaha,NE 68154 5000 S.Minnesota Ave.,Ste.300;Sioux Falls,SD 57108 Office:402/330-8860 Fax:402/330-5866 Office:605/951-0886 SID#608(NORTH STREAMS) Invoice number 145539 MR. LARRY JOBEUN Date 08/19/2021 FULLENKAMP JOBEUN JOHNSON& BELLER LLP 11440 WEST CENTER ROAD, SUITE C Project 2238-102 SID#608(NORTH STREAMS) OMAHA, NE 68144 STORM SEWER AND PAVING-SECTION 1 Professional Services from February 1, 2021 through August 08,2021 Amount Basic Engineering Services Percent of Construction Complete Contract Amount 300,000.00 Percent Complete 75.00 Total Billed 225,000.00 Prior Billed 150,000.00 Current Billed 75,000.00 Total 75,000.00 Invoice total 75,000.00 Aging Summary Invoice Number Invoice Date Outstanding Current Over 30 Over 60 Over 90 Over 120 145539 08/19/2021 75,000.00 75,000.00 Total 75,000.00 75,000.00 0.00 0.00 0.00 0.00 Terms Net 30 Days.A Finance Charge of 1 1/2%Per Month(18%per Annum) Will Be Charged on Past Due Accounts.Also Liable for all Legal and Collection Fees. Invoices not paid within 90 days of the invoice date will be subject to possible lien filings. SID#608(NORTH STREAMS) Invoice number 145539 Invoice date 08/19/2021 Page 1 Thompson, Dreessen & Dorner, Inc. INVOICE r 3 Consulting Engineers & Land Surveyors -^v Please remit to: engineering TD2 Nebraska Office TD2 South Dakota Office & surveying 10836 Old Mill Road;Omaha,NE 68154 5000 S.Minnesota Ave.,Ste.300;Sioux Falls,SD 57108 Office:402/330-8860 Fax:402/330-5866 Office:605/951-0886 SID#608(NORTH STREAMS) Invoice number 145540 MR. TARRY JOBEUN Date 08/19/2021 FULLENKAMP JOBEUN JOHNSON& BELLER LLP 11440 WEST CENTER ROAD, SUITE C Project 2238-103 SID#308(NORTH STREAMS) OMAHA, NE 68144 POWER-SECTION 1 Professional Services from October 22, 2020 through August 08,2021 Amount Basic Engineering Services Approval of Resolution of Necessity Contract Amount 40,000.00 Percent Complete 50.00 Total Billed 20,000.00 Prior Billed 0.00 Current Billed 20,000.00 Total 20,000.00 Invoice total 20,000.00 Aging Summary Invoice Number Invoice Date Outstanding Current Over 30 Over 60 Over 90 Over 120 145540 08/19/2021 20,000.00 20,000.00 Total 20,000.00 20,000.00 0.00 0.00 0.00 0.00 Terms Net 30 Days.A Finance Charge of 1 1/2%Per Month(18%per Annum) Will Be Charged on Past Due Accounts.Also Liable for all Legal and Collection Fees. Invoices not paid within 90 days of the invoice date will be subject to possible lien filings. SID#608(NORTH STREAMS) Invoice number 145540 Invoice date 08/19/2021 Page 1 Thompson, Dreessen & Dorner, Inc. INVOICE Consulting Engineers & Land Surveyors U '�i`"' Please remit to: engineering TD2 Nebraska Office T02 South Dakota Office & SU rveyirig 10836 Old MIII Road;Omaha,NE 68154 5000 S.Minnesota Ave.,Ste.300;Sioux Falls,SD 57108 Office:402/330-8860 Fax:402/3305866 Office:605/951-0886 SID#608(NORTH STREAMS) Invoice number 145541 MR. LARRY JOBEUN Date 08/19/2021 FULLENKAMP JOBEUN JOHNSON &BELLER LLP 11440 WEST CENTER ROAD, SUITE C Project 2238-104 SID#608 (NORTH STREAMS) OMAHA, NE 68144 WATER AND GAS-SECTION 1 Professional Services from January 19, 2021 through August 08,2021 Amount Basic Engineering Services Approval of Resolution of Necessity Contract Amount 60,000.00 Percent Complete 50.00 Total Billed 30,000.00 Prior Billed 0.00 Current Billed 30,000.00 Total 30,000.00 Invoice total 30,000.00 Aging Summary Invoice Number Invoice Date Outstanding Current Over 30 Over 60 Over 90 Over 120 145541 08/19/2021 30,000.00 30,000.00 Total 30,000.00 30,000.00 0.00 0.00 0.00 0.00 Terms Net 30 Days.A Finance Charge of 1 1/2%Per Month(18%per Annum) Will Be Charged on Past Due Accounts.Also Liable for all Legal and Collection Fees. Invoices not paid within 90 days of the invoice date will be subject to possible lien filings. SID#608(NORTH STREAMS) Invoice number 145541 Invoice date 08/19/2021 Page 1 Thompson, Dreessen & Dorner, Inc. INVOICE Consulting Engineers & Land Surveyors Please remit to; engineering TD2 Nebraska Office TD2 South Dakota Office & su rveyi ng 10836 Old MITI Road;Omaha,NE 68154 5000 S.Minnesota Ave.,Ste.300;Sioux Falls,SD 57108 Office:402/330-8860 Fax:402/330-5866 Office:605/951-0886 SID#608 (NORTH STREAMS) Invoice number 145543 MR. TARRY JOBEUN Date 08/19/2021 FULLENKAMP JOBEUN JOHNSON& BELLER LLP 11440 WEST CENTER ROAD, SUITE C Project 2238-108 SID#608 (NORTH STREAMS) OMAHA, NE 68144 HWY 31 IMPROVEMENTS-SECTION 1 Professional Services from February 1,2021 through August 08,2021 Amount Basic Engineering Services Percent of Construction Complete Contract Amount 60,000.00 Percent Complete 100.00 Total Billed 60,000.00 Prior Billed 30,000.00 Current Billed 30,000.00 Total 30,000.00 Invoice total 30,000.00 Aging Summary Invoice Number Invoice Date Outstanding Current Over 30 Over 60 Over 90 Over 120 145543 08/19/2021 30,000.00 30,000.00 Total 30,000.00 30,000.00 0.00 0.00 0.00 0.00 Terms Net 30 Days.A Finance Charge of 1 1/2%Per Month(18%per Annum) Will Be Charged on Past Due Accounts.Also Liable for all Legal and Collection Fees. Invoices not paid within 90 days of the invoice date will be subject to possible lien filings. SID#608(NORTH STREAMS) Invoice number 145543 Invoice date 08/19/2021 Page 1 August 16, 2021 Page 1 of 5 PAYMENT RECOMMENDATION NO. 3 ON CONTRACT FOR NORTH STREAMS STORM SEWER & PAVING SECTION 1 Owner: Chairman and Board of Trustees Contractor L.G. Roloff Construction Co., Inc. Sanitary and Improvement District No. 608 10204 S. 152nd Street of Douglas County, Nebraska Omaha, NE 68138 do Mr. Larry Jobeun, Attorney Fullenkamp Jobeun Johnson & Beller, LLP 11440 West Center Road, Suite C Omaha, NE 68144 ORIGINAL CONTRACT AMOUNT: $5,822,922.98 AMOUNT OF PREVIOUS PAYMENT RECOMMENDATION(S): $484,472.59 Approx. Item Description Quantities Unit Price Amount 1 Mobilization 1 L.S. $ 60,000.00 / L.S. $ 60,000.00 2 Traffic Control 0 L.S. $ 1,365.00 / L.S. $ 0.00 3 Clearing and Grubbing 1 L.S. $ 10,000.00 / L.S. $ 10,000.00 4 Subgrade Preparation, In Place 6,094 C.Y. $ 4.85 / C.Y. $ 29,555.90 5 Install and Remove 54" CMP, In Place 150 L.F. $ 137.32 / L.F. $ 20,598.00 6 202nd Street Culvert Embankment, 18,000 C.Y. $ 3.82 / C.Y. $ 68,760.00 Compacted In Place 7 15" I.D. R.C.P., Class III, W/ Bedding, 149 L.F. $ 44.58 / L.F. $ 6,642.42 In Place 8 18" I.D. R.C.P., Class III, W/ Bedding, 488 L.F. $ 48.77 / L.F. $ 23,799.76 In Place 9 24" I.D. R.C.P., Class III, W/ Bedding, 2,226 L.F. $ 61.95 / L.F. $ 137,900.70 In Place 10 30" I.D. R.C.P., Class III, W/ Bedding, 245 L.F. $ 80.26 / L.F. $ 19,663.70 In Place 11 36" I.D. R.C.P., D(0.01)=1350, W/ 1,371 L.F. $ 99.32 / L.F. $ 136,167.72 Bedding, In Place 12 42" I.D. R.C.P., D(0.01)=1350, W/ 803 L.F. $ 142.50 / L.F. $ 114,427.50 Bedding, In Place 13 48" I.D. R.C.P., D(0.01)=1350, W/ 83 L.F. $ 182.27 / L.F. $ 15,128.41 Bedding, In Place 14 54" I.D. R.C.P., D(0.01)=1350, W/ 0 L.F. $ 214.91 / L.F. $ 0.00 Bedding, In Place 15 Curb Inlet (Type I), In Place 0 EA. $ 4,115.00 / EA. $ 0.00 16 Curb Inlet (Type III), In Place 0 EA. $ 4,115.00 / EA. $ 0.00 17 54" I.D. Storm Sewer Manhole, In Place 0 V.F. $ 619.63 / V.F. $ 0.00 18 60" I.D. Storm Sewer Manhole, In Place 0 V.F. $ 717.05 / V.F. $ 0.00 19 72" I.D. Storm Sewer Manhole, In Place 0 V.F. $ 816.70 / V.F. $ 0.00 20 84" I.D. Storm Sewer Manhole, In Place 0 V.F. $ 1,395.63 / V.F. $ 0.00 21 96" I.D. Storm Sewer Manhole, In Place 0 V.F. $ 1,704.19 / V.F. $ 0.00 22 54" I.D. Flattop Storm Sewer Manhole, 17.5 V.F. $ 619.63 / V.F. $ 10,843.53 In Place TD2 File No. 2238-102.35 Payment Recommendation No. 2 North Streams Storm Sewer & Paving Sect 1 August 16, 2021 Page 2 of 5 Approx. Item Description Quantities Unit Price Amount 23 60" I.D. Flattop Storm Sewer Manhole, 5.6 V.F. $ 717.05 / V.F. $ 4,015.48 In Place 24 72" I.D. Flattop Storm Sewer Manhole, 63.6 V.F. $ 816.70 / V.F. $ 51,942.12 In Place 25 84" I.D. Flattop Storm Sewer Manhole, 30 V.F. $ 1,395.63 / V.F. $ 41,868.90 In Place 26 96" I.D. Flattop Storm Sewer Manhole, 17.1 V.F. $ 1,653.78 / V.F. $ 28,279.64 In Place 27 18" R.C.P Flared End Section with Bar 1 EA. $ 1,863.32 / EA. $ 1,863.32 Grates, In Place 28 24" R.C.P Flared End Section with Bar 1 EA. $ 2,366.82 / EA. $ 2,366.82 Grates, In Place 29 36" R.C.P Flared End Section with Bar 0 EA. $ 3,218.12 / EA. $ 0.00 Grates, In Place 30 48" R.C.P Flared End Section with Bar 2 EA. $ 4,899.57 / EA. $ 9,799.14 Grates, In Place 31 43" x 68" R.C.P. Flared End Section with 1 EA. $ 6,221.89 / EA. $ 6,221.89 Bar Grates, In Place 32 Standard Manhole Ring and Cover, 18 EA. $ 875.59 / EA. $ 15,760.62 In Place 33 10' x 12' Reinforced Concrete Box 0 L.F. $ 4,150.00 / L.F. $ 0.00 Culvert, In Place 34 Crushed Rock, Unstable Trench, 0 TON $ 38.00 / TON $ 0.00 If Necessary 35 Geotextile Fabric, Unstable Trench, 0 S.Y. $ 3.85 / S.Y. $ 0.00 If Necessary 36 7" Uniform P.C.C. L65 Pavement W/ 14,987 S.Y. $ 43.25 / S.Y. $ 648,187.75 Integral Curb, In Place 37 9" Uniform P.C.C. L65 Pavement W/ 0 S.Y. $ 52.75 / S.Y. $ 0.00 Integral Curb, In Place 38 Construct P.C.C. Header, In Place 0 L.F. $ 17.54 / L.F. $ 0.00 39 Adjust Sanitary Sewer Manhole to Grade 27 EA. $ 232.62 / EA. $ 6,280.74 40 Curb Inlet Protection, In Place 0 EA. $ 177.20 / EA. $ 0.00 41 Type "B" Rock Riprap on Non-Woven 0 TON $ 79.38 / TON $ 0.00 Geotextile Fabric, In Place 42 Erosion Control Matting, Eronet S150 0 S.Y. $ 0.93 / S.Y. $ 0.00 (Or Approved Equal), In Place 43 Permanent Type "B" Seed Mix, In Place 0 S.Y. $ 0.27 / S.Y. $ 0.00 44 Construct Traffic Calming Device, In 0 EA. $ 7,950.00 / EA. $ 0.00 Place 45 Tap Existing Area Inlet 0 EA. $ 1,410.00 / EA. $ 0.00 89 Clearing and Grubbing Trees over 9" to 54 EA. $ 440.00 / EA. $ 23,760.00 18" Diameter 90 Clearing and Grubbing Trees over 18" to 26 EA. $ 655.00 / EA. $ 17,030.00 27" Diameter 91 Clearing and Grubbing Trees over 27" to 7 EA. $ 930.00 / EA. $ 6,510.00 36" Diameter TD2 File No. 2238-102.35 Payment Recommendation No. 2 North Streams Storm Sewer& Paving Sect 1 August 16, 2021 Page 3 of 5 Approx. Item Description Quantities Unit Price Amount 92 Clearing and Grubbing Trees over 36"to 1 EA. $ 1,310.00 / EA. $ 1,310.00 48" Diameter 93 Clearing and Grubbing Trees over 48" 0 EA. $ 1,525.00 / EA. $ 0.00 Diameter 94 Topsoil (150 C.Y. Moved Twice), In 0 C.Y. $ 3.27 / C.Y. $ 0.00 Place 95 Install and Remove 24" CMP, In Place 0 L.F. $ 76.33 / L.F. $ 0.00 96 43" x 68" I.D. Elliptical R.C.P., 138.1 L.F. $ 279.42 / L.F. $ 38,587.90 D(0.01)=1350, W/ Bedding, In Place 97 Modified 72" I.D. Storm Sewer Manhole, 21.5 V.F. $ 989.05 / V.F. $ 21,264.58 In Place 98 Concrete Collar Around Manhole Ring, 0 EA. $ 400.00 / EA. $ 0.00 In Place 99 Extra Depth Curb Inlet, In Place 0 EA. $ 6,850.00 / EA. $ 0.00 100 Sawcut to Full Depth, Remove and 0 L.F. $ 15.40 / L.F. $ 0.00 Dispose 2' Curb and Gutter Section 101 Drill and Grout#5 X 18" Epoxy Coated 0 EA. $ 8.67 / EA. $ 0.00 Tie Bar, In Place 102 6" Uniform P.C.C. Median Pavement, In 0 S.Y. $ 72.92 / S.Y. $ 0.00 Place 103 ADA Ramps with Detectable Warnings, 0 EA. $ 1,800.00 / EA. $ 0.00 In Place 104 End of Pavement Barricade, In Place 0 EA. $ 150.00 / EA. $ 0.00 105 5" Wide Preformed (White) Pavement 0 L.F. $ 4.64 / L.F. $ 0.00 Marking Tape, Grooved In Place 106 5" Wide Preformed (Yellow) Pavement 0 L.F. $ 4.64 / L.F. $ 0.00 Marking Tape, Grooved In Place 107 5" Wide (White) Pavement Parking Stall 0 L.F. $ 1.69 / L.F. $ 0.00 Paint, In Place 108 Preformed (White) Pavement Marking 0 EA. $ 490.00 / EA. $ 0.00 Tape Symbol, Grooved In Place 109 Clean and Flush Sanitary Sewer After 0 L.F. $ 0.93 / L.F. $ 0.00 Paving, Complete 114 Install and Remove Gravel Surfacing 0 TON $ 50.74 / TON $ 0.00 115 48" Black Vinyl Coated Chain Link 0 L.F. $ 43.66 / L.F. $ 0.00 Fence, In Place SUBTOTAL INTERIOR STORM AND PAVING $ 1,578,536.54 HIGHWAY 6/31 IMPROVEMENTS 46 Mobilization 0 L.S. $ 8,500.00 / L.S. $ 0.00 47 Traffic Control 0 L.S. $ 5,500.00 / L.S. $ 0.00 48 Clearing and Grubbing 0 L.S. $ 10,550.00 / L.S. $ 0.00 49 Remove and dispose of 24" R.C.P. 0 L.F. $ 21.51 / L.F. $ 0.00 50 Remove and dispose of 30" R.C.P. 0 L.F. $ 27.63 / L.F. $ 0.00 51 Sawcut and Remove P.C.C. Pavement 0 S.Y. $ 11.46 / S.Y. $ 0.00 52 Sawcut and Remove A.C.C. Pavement 0 S.Y. $ 15.28 / S.Y. $ 0.00 53 Remove Existing Pavement Markings 0 L.F. $ 3.55 / L.F. $ 0.00 TD2 File No. 2238-102.35 Payment Recommendation No. 2 North Streams Storm Sewer& Paving Sect 1 August 16, 2021 Page 4 of 5 Approx. Item Description Quantities Unit Price Amount 54 N Street Embankment, Compacted 0 C.Y. $ 3.27 / C.Y. $ 0.00 In Place 55 Subgrade Preparation, In Place 0 C.Y. $ 5.26 / C.Y. $ 0.00 56 18" I.D. R.C.P., Class III, W/ Bedding, 0 L.F. $ 52.52 / L.F. $ 0.00 In Place 57 24" I.D. R.C.P., Class III, W/ Bedding, 0 L.F. $ 64.34 / L.F. $ 0.00 In Place 58 36" I.D. R.C.P., Class III, W/ Bedding, 0 L.F. $ 95.95 / L.F. $ 0.00 In Place 59 Construct 24" Concrete Collar, In Place 0 EA. $ 825.00 / EA. $ 0.00 60 Construct Type I Curb Inlet, In Place 0 EA. $ 4,115.00 / EA. $ 0.00 61 Construct Type III Curb Inlet, In Place 0 EA. $ 4,115.00 / EA. $ 0.00 62 72" I.D. Flattop Storm Sewer Manhole, 0 V.F. $ 914.05 / V.F. $ 0.00 In Place 63 Type II Area Inlet, In Place 0 EA. $ 4,025.00 / EA. $ 0.00 64 Remove, Salvage and Re-Install 24" 0 EA. $ 400.00 / EA. $ 0.00 Flared End Section, Complete 65 36" R.C.P. Flared End Section, In Place 0 EA. $ 2,924.00 / EA. $ 0.00 66 4" Uniform P.C.C. NDOT 47B Pavement, 0 S.Y. $ 58.08 / S.Y. $ 0.00 In Place 67 6" Uniform P.C.C. NDOT 47B Pavement, 0 S.Y. $ 68.85 / S.Y. $ 0.00 In Place 68 9" Uniform P.C.C. NDOT 47B Pavement, 0 S.Y. $ 80.95 / S.Y. $ 0.00 In Place 69 10" Uniform P.C.C. NDOT 47B 0 S.Y. $ 86.39 / S.Y. $ 0.00 Pavement, In Place 70 Aggregate Base Course, In Place 0 TON $ 40.50 / TON $ 0.00 71 5" Wide Preformed (White) Pavement 0 L.F. $ 4.64 / L.F. $ 0.00 Marking Tape, Grooved In Place 72 5" Wide Preformed (Yellow) Pavement 0 L.F. $ 4.64 / L.F. $ 0.00 Marking Tape, Grooved In Place 73 Preformed (White) Pavement Marking 0 EA. $ 490.00 / EA. $ 0.00 Tape Symbol, Grooved In Place 74 Drill and Grout#5 X 18" Epoxy Coated 0 EA. $ 8.67 / EA. $ 0.00 Tie Bar, In Place 75 Granular Subdrain, In Place 0 EA. $ 425.00 / EA. $ 0.00 76 Construct Flex-A-Mat Apron, In Place 0 S.F. $ 16.50 / S.F. $ 0.00 77 Erosion Control Matting, Tensar Eronet 0 S.Y. $ 0.93 / S.Y. $ 0.00 S150 (Or Approved Equal), In Place 78 NDOT Type "B" Permanent Seed Mix, 0 S.Y. $ 0.24 / S.Y. $ 0.00 In Place 79 Install, Maintain, and Remove Fabric Silt 0 L.F. $ 3.18 / L.F. $ 0.00 Fence, In Place 80 Topsoil (450 CY) Moved Twice, In Place 0 C.Y. $ 3.27 / C.Y. $ 0.00 81 Straw Wattle, In Place 0 L.F. $ 3.33 / L.F. $ 0.00 82 Construct 36" Concrete Collar, In Place 0 EA. $ 960.00 / EA. $ 0.00 TD2 File No. 2238-102.35 Payment Recommendation No. 2 North Streams Storm Sewer & Paving Sect 1 August 16, 2021 Page 5 of 5 Approx. Item Description Quantities Unit Price Amount 83 72" I.D. Storm Sewer Manhole, In Place 0 V.F. $ 815.43 / V.F. $ 0.00 84 12" Wide Preformed (White) Pavement 0 L.F. $ 16.37 / L.F. $ 0.00 Marking Tape, Grooved In Place 85 5" Wide Dashed (White) Preformed 0 L.F. $ 4.64 / L.F. $ 0.00 Pavement Marking Tape, Grooved In Place 86 Type "B" Rock Riprap on Non-Woven 0 TON $ 78.00 / TON $ 0.00 Geotextile Fabric, In Place 87 Gabion Baskets 0 EA. $ 1,500.00 / EA. $ 0.00 88 Type II Area Inlet (96" Diameter), In 0 EA. $ 10,000.00 / EA. $ 0.00 Place 110 Extra Depth Curb Inlet, In Place 0 EA. $ 6,850.00 / EA. $ 0.00 111 Modified 72" I.D. Storm Sewer Manhole, 0 V.F. $ 954.81 / V.F. $ 0.00 In Place 112 Standard Manhole Ring and Cover, In 0 EA. $ 875.59 / EA. $ 0.00 Place 113 Concrete Collar Around Manhole Ring, 0 EA. $ 400.00 / EA. $ 0.00 In Place 116 Common Earthwork 0 C.Y. $ 3.27 / C.Y. $ 0.00 TOTAL $1,578,536.54 LESS 10% RETAINED $ 157,853.65 LESS PREVIOUS PAYMENT RECCOMENDATION(S) $ 484,472.59 AMOUNT DUE CONTRACTOR $ 936,210.30 We recommend that payment in the amount of$936,210.30 be made to L.G. Roloff Construction Co., Inc. Resitted, 34 / Bra P.E. THOMPSON, DREESSEN & DORNER, INC. ML/lad cc: L.G. Roloff Construction Co., Inc.(via cjs@roloffinc.com) TD2 File No. 2238-102.35 thompson, dreessen & darner, inc. IU836 Old MITI Rood engineering Omaha, NE 65Ni4 & surveying 40233 -8560 August 4, 2021 Chairman and Board of Trustees Sanitary and Improvement District No. 608 of Douglas County, Nebraska do Mr. Larry Jobeun, Attorney Fullenkamp Jobeun Johnson & Beller LLP 11440 West Center Road, Suite C Omaha, NE 68144 RE: North Streams Water—Section 1 MUD Water Main Extension Agreement TD2 File No. 2238-104.1 Board Members: We have reviewed the plans and engineering estimate provided by Metropolitan Utilities District (MUD) for MUD Job Nos. 100055001362 and 100055001374. We approve the plans as submitted and recommend that S.I.D. 608 contract with MUD for construction of the North Streams Water—Section 1 project. Two copies of the proposed agreement between MUD and S.1.D. 608 are enclosed. Please return the signed agreements to this office. The estimate for the construction of North Streams Water—Section 1 is $2,224,559.00. The estimated total project cost is $2,669,470.00. This includes the estimated costs of MUD, plus an estimate of engineering, legal, and miscellaneous costs. We recommend that S.I.D. 608 make a payment to MUD in the amount of$2,224,559.00. Of the total construction costs, the contribution to other pioneer mains in the amount of$596,256.00 will be considered general obligation to S.I.D. 608. It is estimated that the total project costs for the contribution to other pioneer mains will be $715,510.00, The cost of construction of the interior mains, $1,628,303.00, will be specially assessed to Lots 1 through 208 of North Streams. It is estimated that the total project costs for the interior mains will be $1,953,960.00. We recommend that MUD be requested to submit a statement of all costs upon completion of the project. Respectful) .Submitted, radley . Huyck, P.E. THOMPSON, DREESSEN & DORNER, INC. Enclosures(2) 2 John H.Fullenkamp FULLENKAMP Larry A. Jobeun F fl JOBEUN Mark B.Johnson eller ® JOHNSON St, Brent W.Bffith B Robert T. Griffith BELLER LLP Writers e-mail:larrvafiiblaw.com August 30, 2021 Chairman and Board of Trustees Sanitary and Improvement District No. 608 of Douglas County, Nebraska Statement of Services Rendered For Legal Services rendered in connection with the following: a. L.G. Roloff Construction Co.for completion of a portion $936,210.30 of the Storm Sewer and Paving—Section I North improve- ments and in accordance with Pay Est. No. 3. b. Metropolitan Utilities District for construction of the Water $2,224,559.00 System—Section I in South Streams and in accordance with the above approved WMEA. LEGAL FEES(5%): $158,038.47 EXPENSES: $-0- Filing Fees, Publications, Copying, & Postage TOTAL AMOUNT DUE: $158,038.47 Is/Larry A. Jobeun Attorney for the District 50LA1 BCBWB, 11440 W. Center Road, Ste.C—Omaha,Nebraska,68144—Phone: (402)334-0700—Website:www.fiblaw.com thompson, dreessen & dorner, inc. 10836 Old Mill Road engineering Omaha, NE 68154 & surveying 402 330-8860 August 16, 2021 Chairman and Board of Trustees Sanitary and Improvement District No. 608 of Douglas County, Nebraska do Mr. Larry Jobeun, Attorney Fullenkamp, Jobeun, Johnson & Beller, LLP 11440 West Center Rd., Suite C Omaha, NE 68144 RE: North Streams Grading Thiele Geotech Inc., Invoice Nos. 71206, 71612 TD2 File No. 2238-105.4 Revised Board Members: Enclosed please find Invoice Nos. 71206 and 71612 from Thiele Geotech Inc. for compaction testing for North Streams compaction testing within the right of way intersections. We recommend that the District make a payment in the amount of$2,675.64 directly to Thiele Geotech Inc. for the portion of the testing that was performed within the street intersections. Respectfully submitted, Bradley P. Huyck, P.E. THOMPSON, DREESSEN & DORNER, INC. BPH/ml Enclosure cc: Thiele Geotech Inc. 2 13478 Chandler Road TIx Omaha,Nebraska 68138-3716 `.::1 -WI 402/556-2171 Fax 402/556-7831 We accept major Credit Cards Thiele GGofech Inc INVOICE Project No: 01.20366.00 Invoice#:71206 PM: Kimball,Cody Date:09/25/2020 Dept: Materials Page:1 of 2 SIII to: Project: CN `/ �a SID 608 do Thompson, Dreessen&Dorner, Inc. North Streams-Grading �1 Bradley Huyck Grading 10836 Old Mill Road N.E.corner of 204th&Q Omaha, NE Omaha, NE. 68154 USA OCT 0 b 7020 THOMPSON, DREESSEN & DORNEF(, INC. 1 Date Quant Code Description Sample Rate Amount 08/26/2020 12.00 F-1 Compaction Test(ea.) S-2382 $40.00 5480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2382 $85.00 $65.00 08/27/2020 12.00 F-1 Compaction Test(ea.) S-2383 $40.00 $480.00 1,00 T-1 Trip Charge-Zone 1 (/trip) S-2383 $65.00 $65.00 08/28/2020 12.00 F-1 Compaction Test(ea.) S-2384 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2384 $65.00 $65.00 08/29/2020 6.00 F-1 Compaction Test(ea.) S-2385 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2385 $65.00 $85.00 08/31/2020 6.00 F-1 Compaction Test(ea.) S-2386 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2388 $65.00 $65.00 09/01/2020 12.00 F-1 Compaction Test(ea.) S-2387 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) 5-2387 $65.00 $65.00 09/02/2020 12.00 F-1 Compaction Test(ea.) S-2433 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2433 $65.00 $65.00 09/03/2020 1.00 S-30 Std.Proctor with Atterberg Limits(set) 0-2251 $270.00 $270.00 12.00 F-1 Compaction Test(ea.) 5-2434 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2434 $65.00 $65.00 09/04/2020 12.00 F-1 Compaction Test(ea.) S-2435 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/Trip) 5-2435 $65.00 $65.00 09/11/2020 1.00 S-30 Std.Proctor with Atterberg Limits(set) 0-2298 $270.00 $270.00 09/14/2020 9.00 F-1 Compaction Test(ea.) 8-2436 $40.00 $360.00 1.00 T-1 Trip Charge-Zone 1 (/Trip) S-2436 $65.00 $65.00 09/15/2020 12.00 F-1 Compaction Test(ea,) S-2533 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2533 $65.00 $65.00 09/16/2020 10.00 F-1 Compaction Test(ea.) S-2534 $40.00 $400.00 1.00 T-1 Trip Charge-Zone 1 (/trip) 5-2534 $65.00 $65.00 09/17/2020 9.00 F-1 Compaction Test(ea.) S-2460 $40.00 $360.00 1.00 T-1 Trip Charge-Zone 1 (/trip) 5-2460 $65.00 $65.00 09/18/2020 6.00 F-1 Compaction Test(ea.) S-2494 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2494 $65.00 $65.00 6.00 F-1 Compaction Test(ea.) 5-2599 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2599 $65.00 $65.00 09/19/2020 6.00 F-1 Compaction Test(ea.) S-2600 540.00 $240,00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2600 $65.00 $65.00 09/21/2020 12.00 F-1 Compaction Test(ea,) 5-2601 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2801 $65.00 $65.00 09/22/2020 12.00 F-1 Compaction Test(ea.) S-2602 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2602 $65.00 $65.00 09/23/2020 12.00 F-1 Compaction Test(ea.) S-2603 $40.00 $480.00 TERMS: DUE UPON RECEIPT PAST DUE BALANCES SUBJECT TO 1.25%SERVICE CHARGE PER MONTH 13478 Chandler Road J Omaha,Nebraska 68138-3716 ni 402/556-2171 Fax 402/556-7831 v3 LB`, We accept major Credit Cards Thiele Gootech Inc INVOICE Project No:01.20366.00 Invoice#:71206 PM: Kimball,Cody Date:09/25/2020 Dept: Materials Page:2 of 2 Date Quant Code Description Sample Rate Amount 1.00 T-1 Trip Charge-Zone 1((trip) S-2603 $65.00 $65.00 09/24/2020 12.00 F-1 Compaction Test(ea.) S-2604 $40.00 3480.00 1.00 T-1 Trip Charge-Zone 1 ((trip) S-2604 $65.00 $65.00 09/25/2020 12.00 F-1 Compaction Test(ea.) S-2605 $40.00 6480.00 1.00 T-1 Trip Charge-Zone 1(/trip) S-2605 $65.00 $65.00 8.00 P-3 Project Engineer(/hr.) X-117149 $128.00 $1,024.00 PM Review Invoice Total: $11,489.00 Payment of this invoice constitutes the client's acceptance of the following terms and conditions for the above services and future services provided under this verbal agreement: 'U` 1) ACCESS TO SITES.PERMITS,AND APPROVALS: Unless otherwise agreed,it is the clients responsibility to provide site access end all necessary permits,approvals, licenses,and consents necessary to the performance of the services hereunder. While TG vrill take reasonable precautions to minimize damage to the properly,it is understood by the client that,In the normal course of work,some damage may occur,the restoration of which Is not Included in our fee for service. 2) OWNERSHIP OF DOCUMENTS: All reports,boring logs,data.notes,calculations,estimates,and other documents prepared by TG as instruments of service shall remain the properly of TO. 3) SAMPLE DISPOSAL: Unless otherwise agreed,test samples will be discarded immediately upon completion of the test. 4) CONFIDENTIALITY: TG's technical and pricing information is to be considered confidential and proprietary.and shall not be released or otherwise made available to any third party without the express written consent of TG. 5) STANDARD OF CARE: Services are conducted In a manner consistent with the level of care and skill ordinarily exercised by members of the profession currently practicing under similar conditions. No warranty,express or implied,is made or intended by furnishing oral or written reports of the findings made. The client recognizes that subsurface conditions may vary from those encountered at the location where borings,surveys,tests,or explorations are made,and that the data,Interpretations,and recommendations are based soley upon the data available. TG will be responsible for those data,interpretations,and recommendations,but shell not be responsible for the Interpretation by others of this information. 6) LIMITATION OF LIABILITY: The client agrees to limit TG's liability to the client and all other parties claiming to have relied on TG's work provided through the client to 850.000 or TG's total fee for services rendered on this project,whichever Is greater. This limitation of liability Is a business understanding between the parties voluntarily and knowingly entered into,and shall apply to all theories of recovery including,but not limited to,breach of contract,warranty,tort(including negligence),strict or statutory liability, or any other cause of action except for willful misconduct or gross negligence. .15 e,Ct I " n REMIT TO:THIELE GEOTECH,INC FTIN 47-0794664 13478 Chandler Road Online Payments available at Omaha,Nebraska 68138-3716 vrv/w,thlelegeotech.com ePay 402/556-2171 Fax 402/556-7831 TERMS: DUE UPON RECEIPT PAST DUE BALANCES SUBJECT TO 1,25%SERVICE CHARGE PER MONTH ._-, 13478 Chandler Road Omaha,Nebraska 68138-3716 Ti ` -1 1 402/556-2171 Fax 402/556-7831 We accept major Credit Cards hieie Geolech Inc INVOICE Project No: 01.20366.00 Invoice#:71612 I PM: Kimball, Cody Date: 10/25/2020 I Dept: Materials Page: 1 of 2 Bill to: Project: Woodsonia Real Estate, Inc. North Streams-Grading Jeff Elliott, Project Developer Grading i 17007 Marcy Street N.E.corner of 204th&Q Omaha, NE Suite 2 Omaha, NE. 68118 USA Date Quant Code Description Sample Rate Amount 09/28/2020 12.00 F-1 Compaction Test(ea.) S-2783 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2783 $65.00 $65.00 1.00 F-40 Install Settlement Gauge(includes X-117995 $290.00 $290.00 materials) I 1.50 F-42 Settlement Readings(/hr.) X-117996 $160.00 $240.00 09/29/2020 12.00 F-1 Compaction Test(ea.) S-2784 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2784 $65.00 $65.00 09/30/2020 12.00 F-1 Compaction Test(ea.) S-2785 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) 5-2785 $65.00 $65.00 10/01/2020 12.00 F-1 Compaction Test(ea.) 5-2786 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2786 $65.00 $65.00 10/02/2020 12.00 F-1 Compaction Test(ea.) S-2787 $40.00 $480.00 1.00 T-1 Trip Charge-Zone 1 (Itrip) S-2787 $65.00 $65.00 10/05/2020 9.00 F-1 Compaction Test(ea.) S-2898 $40.00 $360.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2898 $65.00 $65.00 10/06/2020 6.00 F-1 Compaction Test(ea.) S-2899 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (Itrip) S-2899 $65.00 $65.00 10/07/2020 8.00 F-1 Compaction Test(ea.) 5-2900 $40.00 $320.00 1.00 T-1 Trip Charge-Zone 1 (/trip) 5-2900 $65.00 $65.00 10/08/2020 6.00 F-1 Compaction Test(ea.) S-2901 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) 5-2901 $65.00 $65.00 10/09/2020 6.00 F-1 Compaction Test(ea.) S-2902 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (ttrip) S-2902 $65.00 $65.00 10/12/2020 6.00 F-1 Compaction Test(ea.) S-2950 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) 5-2950 $65.00 $65.00 10/13/2020 6.00 F-1 Compaction Test(ea.) S-2953 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2953 $65.00 $65.00 10/14/2020 6,00 F-1 Compaction Test(ea.) 5-2956 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) 5-2956 $65.00 $65.00 10/15/2020 6.00 F-1 Compaction Test(ea.) 5-2959 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2959 $65.00 $65.00 10/16/2020 6.00 F-1 Compaction Test(ea.) S-2962 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2962 $65.00 $65.00 10/17/2020 6.00 F-1 Compaction Test(ea.) 5-2965 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-2965 $65.00 $65.00 10/19/2020 6.00 F-1 Compaction Test(ea.) 5-3000 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) 5-3000 $65.00 $65.00 10/20/2020 2.00 F-41 Extend Settlement Gauge(ea.) 0-2775 $76.00 $152.00 4.00 F-42 Settlement Readings(Thr.) 0-2775 $160.00 $640,00 4.00 T-1 Trip Charge-Zone 1 (/trip) 0-2775 $65.00 $260.00 TERMS: DUE UPON RECEIPT PAST DUE BALANCES SUBJECT TO 1.25%SERVICE CHARGE PER MONTH 13478 Chandler Road • Omaha,Nebraska 68138-3716 �;9+ I 402/556-2171 Fax 402/556-7831 We accept major Credit Cards Thiele Geotecn Inc: INVOICE Project No: 01.20366.00 Invoice#:71612 PM: Kimball, Cody Date: 10/25/2020 Dept: Materials Page: 2 of 2 Date Quant Code Description Sample Rate Amount 6.00 F-1 Compaction Test(ea.) S-3004 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-3004 $65.00 $65.00 10/21/2020 6.00 F-1 Compaction Test(ea.) 5-3008 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (drip) S-3008 $65.00 $85.00 10/22/2020 6.00 F-1 Compaction Test(ea.) S-3013 $40.00 $240.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-3013 $65.00 $65.00 10/23/2020 9.00 F-1 Compaction Test(ea.) S-3016 $40.00 $360.00 1.00 T-1 Trip Charge-Zone 1 (/trip) S-3016 $65.00 $65.00 10/25/2020 13.00 P-3 Project Engineer(/hr.) X-117998 $128.00 $1,664.00 PM Review i 13.00 P-3 Project Engineer(/hr.) X-118017 $128.00 $1,664.00 PM Review Invoice Total: $12,835.00 Payment of this Invoice constitutes the clients acceptance of the following terms and conditions for the above services and future services provided under this verbal agreement: 1) ACCESS TO SITES,PERMITS,AND APPROVALS: Unless otherwise agreed,it is the client's responsibility to provide site access and all necessary permits,approvals, licenses,and consents necessary to the performance of the services hereunder. While TG will take reasonable precautions to minimize damage to the property,it is understood by the client that,in the normal course of work,some damage may occur,the restoration of which is not included in our fee for service. 2) OWNERSHIP OF DOCUMENTS: All reports,boring logs,data,notes,calculations,estimates,and other documents prepared by TG as instruments of service shall remain the property of TG. 3) SAMPLE DISPOSAL: Unless otherwise agreed,test samples will be discarded immediately upon completion of the test. 4) CONFIDENTIALITY: TG's technical and pricing information is to be considered confidential and proprietary,and shall not be released or otherwise made available to any third party without the express written consent of TG. 5) STANDARD OF CARE: Services are conducted in a manner consistent with the level of care and skill ordinarily exercised by members of the profession currently practicing under similar conditions. No warranty,express or implied,is made or Intended by furnishing oral or written reports of the findings made. The client recognizes that subsurface conditions may vary from those encountered at the location where borings,surveys,tests,or explorations are made,and that the data,Interpretations,and recommendations are based soley upon the data available. TG will be responsible for those data,interpretations,and recommendations,but shall not be responsible for the interpretation by others of this information. 6) LIMITATION OF LIABILITY: The client agrees to limit TG's liability to the client and all other parties claiming to have relied on TG's work provided through the client to $50,000 or TG's total fee for services rendered on this project,whichever Is greater. This limitation of liability is a business understanding between the parties voluntarily and knowingly entered into,and shall apply to all theories of recovery including,but not limited to,breach of contract,warranty,tort(including negligence),strict or statutory liability, or any other cause of action except for willful misconduct or gross negligence. • REMIT TO:THIELE GEOTECH, INC FTIN 47-0794664 13478 Chandler Road Online Payments available at Omaha, Nebraska 68138-3716 www.thielegeotech.com ePay 402/556-2171 Fax 402/556-7831 TERMS: DUE UPON RECEIPT PAST DUE BALANCES SUBJECT TO 1.25%SERVICE CHARGE PER MONTH thompson, dreessen & dorner, inc. 10836 Old Mill Road engineering Omaha, NE 68154 & surveying 402330-8860 August 10, 2021 Chairman and Board of Trustees Sanitary and Improvement District No. 608 of Douglas County, Nebraska do Mr. Larry Jobeun, Attorney Fullenkamp Jobeun Johnson & Beller LLP 11440 West Center Road, Suite C Omaha, NE 68144 Re: North Streams Storm Sewer and Paving — Section 1 Utilities Service Group, Invoice No. 14972 TD2 File No. 2238-102.34 Board Members: Enclosed please find Invoice No. 14972 from Utilities Service Group in the amount of $2,040.64 for television inspection of the new storm sewer mains, as required by the project documents. We recommend that payment be made directly to Utilities Service Group at the address shown on their invoice. Respectfully submitted, Maggie Lanigan, P.E. THOMPSON, DREESSEN & DORNER, INC. ML/lad Enclosure cc: Utilities Service Group ✓ 2 .oxTis LTILITIES SERVICE GROUP • USG t SEWER CLEANING-SEWER TELEVISING OMAHA • JetVacmtmTrucics- CCTV Televising Invoice 2623 Center Street, Omaha,NE 682os • o P: oa 626 F: oz 2 28 �l?c;;�� �4 )39---3 �4 )34�JT3� u+ilitiesservicegroup.com Date Invoice# 8/2/2021 14972 Bill To • ' SID 608 Douglas County c/o Thompson,Dreessen&Darner 10836 Old Mill Road Omaha,NE 68154 P.O. No. Terms Project Net 30 SID 608-Douglas C... Description Qty Rate , Amount Reference:North Streams South-OPW 53917-CCTV New Storm Sewer Location:Douglas County,NE 7/30/2021 Televise new 15", 18",24",36"and 42"storm sewer as directed TELEVISE NEW STORM SEWER(per LF) 1,275.4 1.60 2,040.64 Note:Flash drive given to Tyler with Roloff Subtotal $2,040.64 Sales Tax (0.0%) $o.00 • Total $2,040.64 Payments/Credits moo Balance Due $2,040.64 AGENDA Sanitary and Improvement District No. 608 of Douglas County,Nebraska(North Streams);Meeting to be held August 30,2021 at 9:30 a.m. at 20010 Manderson Street,Elkhorn,Nebraska—ANNUAL BUDGET MEETING. 1. Present Nebraska Open Meetings Act; Trustee roll call: • Jeff Elliott—Chair • Drew Snyder—Clerk • Christian Kloster • Carson Stratman • Scott Kinkaid 2. Present proposed 2021/2022 Budget;open session for public discussion;vote on and approve the same. 3. Conduct Special Public Hearing to set Property Tax Request at a different amount than the prior fiscal year. Regular Session Meeting: 4. Kuehl Capital Matters: • Present letter from Kuehl Capital Corporation, MA on behalf of the District, dated August 19, 2021 and relating to the payment of warrant interest due and owing on outstanding Construction Fund Warrants of the District, the same being in the amount of $72,603.47; vote on and approve the payment of the same from the Construction Fund Account of the District as part of these proceedings; • Present Warrant Offering Circular as prepared and submitted by Kutak Rock,LLP, special disclosure counsel on behalf of the District, the same in connection with South Streams; vote on and approve the same; • Present Agreement to Purchase/Place Obligations to be entered into by and between the District and First National Capital Markets for and in consideration of the debt to be issued for the development of South Streams; vote on and approve the same; • Present MSRB Rule G-17 and G-23 letter from FNCM, Inc. in connection with the required disclosures to be made by the underwriter; approve the same. 5. Vote on and approve the Resolution of Necessity recommending the District construct the South Streams Sanitary Sewer—Section I improvement of the District,the same having been approved, in form, at the August 9th meeting of the District. 6. Vote on and approve the Resolution of Necessity recommending the District enter into a Water Main Extension Agreement with Metropolitan Utilities District for and in consideration of the construction of the South Streams Water—Section I improvements and related appurtenances, and the payment of any costs related thereto, the same having been presented and approved, in form, at the August 9th meeting of the District. 7. Present statements, vote on and approve payment from the General Fund Account of the District for the following: a. Thompson, Dreessen & Dorner, Inc. for engineering services $2,315.46 relating to general maintenance (No. 145542). b. Fullenkamp Jobeun Johnson&Beller, LLP for legal services $11,945.08 rendered in connection with the budget and annual expenses of the District. c. Kuehl Capital Corporation for advisory fees on the General $ 356.51 Fund Warrants issued at this meeting (2.5%). d. First National Capital Markets for warrant processing fee on $ 365.43 General Fund Warrants issued at this meeting (2.5%). 8. Present statements,vote on and approve payment from the Construction Fund Account of the District for the following: a. Thompson, Dreessen& Domer, Inc. for engineering and $155,000.00 design services relating to various infrastructure projects of the District (No. 145539, 145540, 145541, 145543). b. L.G. Roloff Construction Co. for completion of a portion $936,210.30 of the Storm Sewer and Paving—Section I North improve- ments and in accordance with Pay Est. No. 3. c. Metropolitan Utilities District for construction of the Water $2,224,559.00 System—Section I in South Streams and in accordance with the above approved WMEA. d. Fullenkamp Jobeun Johnson& Beller, LLP for legal serv- $91,301.70 ices rendered in connection with items b. and c. hereinabove (5% and 2%). e. Thiele Geotech, Inc. for compaction testing within ROWs $2,675.64 for Storm Sewer and Paving—Section I (No. 71206, 71612). f. Utilities Service Group for televising of storm sewer mains $2,040.64 in Section I—North (#14972). g. UMB Bank,N.A. for payment of warrant interest due on $72,603.47 outstanding Construction Fund Warrants of the District due 10/1/2021. h. Kuehl Capital Corporation for advisory fees on the Construc- $87,109.77 tion Fund Warrants issued at this meeting (2.5%). i. First National Capital Markets for warrant underwriting fee $89,287.51 on Construction Fund Warrants issued at this meeting (2.5%). 9. Any and all business before the Board as deemed necessary; meeting adjourned.