2023-04-05 SID 600 Minutes CERTIFICATE
The undersigned hereby certify that they are the Chairperson and Clerk of Sanitary and Improvement District Number 600
of Douglas County,Nebraska,(the"District")and hereby further certify as follows:
1. Annexed to this certificate is a true and correct transcript ofthe 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 the annexed
and foregoing transcript have been fully recorded in the joumal 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. Advance 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.Advance 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 advance
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 offici: .ignatures this •ayyopril2023.
V
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MINUTES OF THE MEETING OF THE BOARD OF
TRUSTEES OF SANITARY AND IMPROVEMENT
DISTRICT NO. 600 OF DOUGLAS COUNTY,
NEBRASKA
The meeting of the Board of Trustees of Sanitary and Improvement District No. 600
of Douglas County, Nebraska was convened in open and public session at 9:30 A.M. on
April 5, 2023 at 1414 North 205th Street #1, Omaha, Nebraska.
Present at the meeting were John Birge, Jeff Johannesmeyer, Chris Hoegemey, Mike
Kriha and Mike Moravec. Also present were Brent Beller, attorney for the District,
Bluestem Capital Partners, financial advisors of the District and E & A Consulting Group,
engineers for the District.
Notice of the meeting was given in advance thereof by publication in The Daily
Record (https://www.omahadailyrecord.com) on March 24, 2023, 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 Acknowledgment of
Receipt of Notice is attached to these minutes. Availability of the agenda was
communicated in the published notice and in the notice to 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 Clerk
of Omaha, Nebraska 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.
The Chairman called the meeting to order and called the roll of the Board Members.
The Chairman then stated that a copy of the Nebraska Open Meeting Laws was
available for review and inspection and stated the location of said copy in the room in
which such meeting was being held.
The Chairman then presented Bluestem Capital's Financial Snapshot for the
Board's review and any questions and/or concerns and the Clerk was then directed to attach
a copy to these minutes.
The Chairman then presented the following statements for payment from the Construction
Fund Account of the District and the Clerk was directed to attach a copy of said statement to these
minutes:
a) E & A Consulting Group for engineering services in connection
with Sanitary Sewer— Section 1 and II, Storm Sewer- Section 1 and
Paving - Section 1 and II, Sidewalk Improvements— Section 1
and II, Storm Sewer— Section I and II, and Outfall Sewer—Section
I. (#164781) $44,372.75
b) SID Services LLC for dissemination and paying agent and registrar
annual fees from July 1, 2022 to June 30, 2023. (#610, 773) $1,275.00
c) Bluestem Capital Partners for advisor fees for Construction
Fund warrants issued at this meeting. (2.50%) $1,141.19
d) Piper/Sandler& Co. for underwriting fees for the Construction
Fund warrants issued at this meeting. (2%) $935.78
The Chairman then presented the following statements for payment from the General Fund
Account of the District and the Clerk was directed to attach a copy of said statement to these
minutes:
a) E &A Consulting Group for engineering services.
(#164158, 164636, 165005, 165398, 165815) $7,477.11
b) Lutz& Company PC for completion of audit and IRS forms.
(#320626, 322209) $4,480.00
c) Commercial Seeding Contractors for cleaning SWPPP
inlet filters. (#27650, 27683) $1,362.50
d) SID Services LLC for paying agent and registrar annual fees
for July 1, 2022 to June 30, 2023. (688) $1,000.00
e)Bluestem Capital Partners for advisor fees for General
Fund warrants issued at this meeting. (2.50%) $357.99
0 Piper/Sandler& Co. for underwriting fees for the General Fund
warrants issued at this meeting. (2%) $293.55
Then, upon a motion duly made, seconded and upon a roll call vote of"aye"by the Trustees,the
following Resolutions were unanimously adopted:
RESOLVED by the Board of Trustees of Sanitary and Improvement
District No. 600 of Douglas County, Nebraska that the Chairman and
Clerk be and they hereby are authorized and directed to execute and
deliver Warrants No.494 through 508,inclusive,of the District,dated the
date of this meeting, to the following payees, for the following services
and in the following amounts, said warrants to draw interest at the rate of
7% per annum, Warrant Nos. 494 through 499, inclusive, to be payable
from the Construction Fund Account of the District(interest to be payable
on December 1 of each year) (the "Construction Fund Warrants") and
shall be redeemed no later than five years from the date hereof being April
5, 2028, 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; and Warrant Nos. 500 through 508, inclusive,to be payable from the
General Fund Account of the and to be redeemed no later than three (3)
years of the date hereof, being April 5, 2026, (the "General Fund
Warrants"); to-wit:
a) Warrant No. 494 through 495, inclusive, each for $20,000.00 and
Warrant No.496 for$4,372.75 all payable to E&A Consulting Group for
engineering services in connection with Sanitary Sewer—Section I and II,
Storm Sewer — Section I, Paving — Section I and II, Sidewalk
Improvements - Section I and II, and Outfall Sewer -
Section I.
b) Warrant No. 497 for $1,275.00 payable to SID Services LLC for
dissemination and paying agent and registrar annual fees July 1, 2022 to
June 30, 2023.
c) Warrant No. 498 for $1,141.19 payable to Bluestem Capital Partners
for advisor fees for the Construction Fund warrants issued at this meeting.
d) Warrant No. 499 for $935.78 payable to Piper/Sandler & Co. for
underwriting fees for the Construction Fund warrants issued at this
meeting.
e) Warrant No. 500 through 501, inclusive, each for $3,000.00 and
Warrant No. 502 for$1,477.11 all payable to E&A Consulting Group for
engineering services.
f) Warrant No. 503 for$3,000.00 and Warrant No. 504 for$1,480.00 all
payable to Lutz& Company PC for completion of audit and IRS filings.
g) Warrant No. 505 for $1,362.50 payable to Commercial Seeding
Contractors for cleaning SWPPP inlet filters.
h)Warrant No. 506 for$1,000.00 payable to SID Services LLC for paying
agent and registrar annual fee for July 1,2022 to June 30, 2023.
i) Warrant No. 507 for$357.99 payable to Bluestem Capital Partners for
advisor fees for the General Fund warrants issued at this meeting.
j) Warrant No. 508 for $293.55 payable to Piper/Sandler & Co. for
underwriting fees for the Construction Fund warrants issued at this
meeting.
BE IT FURTHER RESOLVED by the Board of Trustees of Sanitary and
Improvement District No. 600 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 and/or facilities being financed by the
Construction Fund Warrants are for essential governmental functions 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 and/or facilities,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. 600 of Douglas County, Nebraska that the
District covenants and agrees concerning the Construction Fund Warrants
that:(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," 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. 600 of Douglas County, Nebraska that the
District hereby covenants,warrants and agrees that to the extent that it may
lawfully do so, 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. 600 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 the 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. 600 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 Construction Fund Warrants and the General Fund Warrants;
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.
The Chairman then presented a proposed Bond Resolution authorizing the issuance
of$1,350,000 principal amount of bonds of the District. After discussion, the Resolution
attached to these minutes, identified as "Bond Resolution" and by this reference made a
part hereof as if fully incorporated herein, was duly moved, seconded and upon a roll call
vote of"aye" by the Trustees, was adopted. Said Bond Resolution having been consented
to by a unanimous vote of the Board of Trustees, was by the Clerk declared passed and
adopted, and the Chairman and Clerk be, and they hereby are authorized and directed to
execute said Bond Resolution on behalf of the District. The Clerk was then directed to
attach a fully executed copy to these minutes. The attorney for the District was then
instructed to proceed with securing a hearing date for the issuance of said bonds and
approval of the District Court for same. Following further discussion, a motion was made,
seconded and the following Resolutions unanimously adopted:
RESOLVED that UMB Bank N.A. has been appointed as
Paying Agent and Registrar for the payment of principal and
interest on the Series 2023 Bonds of the District issued
May 17, 2023, which appointment is hereby confirmed and
ratified, and the County Treasurer of Douglas County,
Nebraska, as ex-officio treasurer of this District is hereby
authorized and directed to pay, from time to time, to said
Paying Agent, from funds of the District, such amounts of
money as such Paying Agent shall certify in writing to the
County Treasurer as shall be needed for paying of principal and
interest on the bonds of the District, such certificate of the
Paying Agent to show the amounts needed for payment of
principal or interest, the date upon which amount is due, and
the date when due transfer shall be made to the Paying Agent
by the County Treasurer for each transfer of funds requested
by the Paying Agent.
BE IT FURTHER RESOLVED that the Chairman and Clerk
of this District shall certify this Resolution to said County
Treasurer who may deem this Resolution to be a continuing
Resolution and authorization to make transfers to such Paying
Agent, until and unless the County Treasurer is notified of
termination of such authority.
(Remaining page left intentionally blank, signatures on next page)
There being no further business to come before the meeting,the meeting was adjourned.
Chairman Clerk
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ACKNOWLEDGMENT OF RECEIPT OF
NOTICE OF MEETING
The undersigned Trustees of Sanitary and Improvement District No. 600 of
Douglas County, Nebraska do hereby acknowledge receipt of advance notice of a meeting of the
Board of Trustees of said District and the agenda for such meeting held at 9:30 A.M. on April
5, 2023 at 1414 North 205th Street #1, Omaha, Nebraska.
DATED this 5th p • k p a 0 3.
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CERTIFICATE
The undersigned being Clerk of Sanitary and Improvement District No. 600 of
Douglas County, Nebraska hereby certifies that Notice of a Meeting of the Board of Trustees of
said District held on April 5. 2023 was sent to the City Clerk of Omaha at least seven 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 at the address designed
in the notice of meeting published in The Daily Record on March 24, 2023 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 City Clerk of
Omaha, Nebraska within thirty days from the date of this meeting.
Clerl
Snapshot Report
SID NO. 600 - EVERT PLACE BLUESTEM
As of April 04,2023 CAPITAL PARTNERS
VALUATION VALUE NET DEBT TO VALUE
2021 $3,154,400.00 53.43%
2022 $3,150,600.00 53.49%
2023 Preliminary $12,493,200.00 13.49%
CASH AND INVESTMENTS AS OF 02/28/2023
GENERAL FUND BOND FUND
CASH $7,073.20 $332,527.11
INVESTMENTS $0.00 $0.00
TOTAL CASH AND INVESTMENTS $7,073.20 $332,527.11
SPECIAL ASSESSMENTS AS OF 01/31/2023
DATE OF LEVY LEVIED BALANCE
06/21/2021 $481,456.58 $367,656.24
$481,456.58 $367,656.24
BONDS OUTSTANDING FISCAL YEAR
DATE OF ISSUE ISSUE AMOUNT BALANCE DEBT SERVICE
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
WARRANTS OUTSTANDING
GENERAL FUND BOND FUND
2023 $34,875.35 $0.00
2024 $47,402.65 $0.00
2025 $54,323.98 $1,396,942.76
2026 $0.00 $762,135.18
2027 $0.00 $226,391.32
$136,601.98 $2,385,469.26
LEVY (FISCAL YEAR 2021-20221 LEVY (FISCAL YEAR 2022-20231
RATE PER$100 NET TAX REVS RATE PER$100 NET TAX REVS
BOND FUND $0.0000 $0.00 BOND FUND $0.0000 $0.00
GENERAL FUND $0.9000 $27,821.81 GENERAL FUND $0.9000 $27,788.29
TOTAL LEVY $0.9000 TOTAL LEVY $0.9000
1414 N.205th St.,Ste. 1 • Omaha,NE 68022 • 402-391-7977
4/4/2023 10:20 Member FINRA/SIPC Page 1 of 7
Sources and Uses of Funds
SID NO. 600 - EVERT PLACE C L�LUESTEM
July 12022 to June 302023 A R I T A L PARTNERS
CASH AND INVESTMENTS BEGINNING OF PERIOD GENERAL FUND BOND FUND
CASH $3,446.49 $308,391.61
INVESTMENTS $0.00 $0.00
TOTAL CASH AND INVESTMENTS $3,446.49 $308,391.61
SOURCES OF FUNDS
REAL PROPERTY TAXES 21-22 $8,712.83 $0.00 •
REAL PROPERTY TAXES 22-23 $4,658.68 $0.00
INT ON REAL PROPERTY TAXES 21-22 $146.54 $0.00
MOTOR VEH PRO RATE ALLOCATION $15.81 $0.00
PROPERTY TAX CREDIT ALLOCATION $524.03 $0.00
COLLECTION IN DISTRICT $0.00 $24,135.50
TOTAL SOURCES OF FUNDS $14,057.89 $24,135.50
USES OF FUNDS
REGISTERED WARRANT ($10,160.83) $0.00
TRES COMMISSION DISTR-TAXES ($270.35) $0.00
TOTAL USES OF FUNDS ($10,431.18) $0.00
CHANGE IN CASH AND INVESTMENTS $3,626.71 $24,135.50
CASH AND INVESTMENTS END OF PERIOD $7,073.20 $332,527.11
1414 N.205th St.,Ste.1 • Omaha, NE 68022 • 402-391-7977
4/4/2023 10:20 Member FINRA/SIPC - Page 2 of 7
Statement of Activities
SID NO. 600 - EVERT PLACE C QLUESTE
July 2022 to June 2023 ARITAL PARTNERS
Current Year July 2022 to June 2023
GENERAL FUND BOND FUND
REVENUES
TOTAL REVENUES $14,057.89 $24,135.50
EXPENDITURES
ACCOUNTING-BOOKKEEPING $3,250.00 $0.00
ENGINEERING $6,307.31 $0.00
FINANCIAL ADVISORY FEES $6,000.00 $0.00
LEGAL EXPENSES-SID ATTORNEY $11,640.21 $3,137.06
PAVING(INTERNAL) $0.00 $1,050.00
SIDEWALKS $0.00 $49,390.05
SIGNS-SIGN REPAIR $680.00 $0.00
SWPPP $637.50 $0.00
TRES COMMISSION DISTR-TAXES $270.35 $0.00
UNDERWRITING FEES $581.56 $4,207.04
WARRANT INTEREST EXPENSE $0.00 $151,644.00
WARRANT STRUCTURING FEES $562.88 $5,130.53
TOTAL EXPENDITURES $29,929.81 $214,558.68
REVENUES OVER EXPENDITURES
(EXPENDITURES OVER REVENUES) ($15,871.92) ($190,423.18)
Note:Statement of Activities does not reflect the bond payments nor interest on warrant redemptions.
1414 N.205th St.,Ste. 1 • Omaha, NE 68022 • 402-391-7977
4/4/2023 10:20 Member FINRA/SIPC Page 3 of 7
Statement of Activities
SID NO. 600 EVERT PLACE BLUESTEM
July 2021 to June 2022 CAPITAL, PARTNERS
Previous Year July 2021 to June 2022 Previous Year July 2020 to June 2021
GENERAL FUND BOND FUND GENERAL FUND BOND FUND
REVENUES
TOTAL REVENUES $13,655.78 $1,014,154.96 $2,555.77 $45,949.97
EXPEN DITU RES
Accounting-Bookkeeping $7,050.00 $0.00 $2,030.00 $0.00
Bond Counsel $0.00 $3,000.00 $0.00 $0.00
City-County Review Fees $0.00 $0.00 $0.00 $2,913.00
Community Park Fees $0.00 $0.00 $0.00 $7,708.00
Dissemination Agent Fees $0.00 $275.00 $0.00 $0.00
Electrical $0.00 $0.00 $0.00 $28,350.00
Engineering $14,903.69 $26,508.89 $5,261.29 $230,326.88
Erosion Control $10,141.97 $0.00 $1,750.50 $0.00
Financial Advisory Fees $6,000.00 $0.00 $6,000.00 $0.00
Green Area Maintenance $4,400.00 $0.00 $0.00 $0.00
Insurance $0.00 $0.00 $865.41 $0.00
Legal Expenses-SID Attorney $10,322.84 $0.00 $26,242.16 $90,187.52
Locate Fees $17.81 $0.00 $17.32 $0.00
Paving Repairs $0.00 $0.00 $1,599.50 $0.00
Paying Agent&Registrar Fees $1,500.00 $1,500.00 $898.85 $898.85
Sanitary Sewer(Internal) $0.00 $0.00 $0.00 $3,598.95
Sanitary Sewer and Paving $0.00 $0.00 $0.00 $118,765.78
Sanitary Sewer Outfall $0.00 $0.00 $0.00 $394,929.52
Sanitary Sewer,Storm&Paving $0.00 $0.00 $0.00 $1,113,385.72
Sanitary Storm and Sewer $0.00 $0.00 $0.00 $5,285.50
Sediment Basins $6,468.75 $0.00 $0.00 $0.00
Storm Sewer $0.00 $0.00 $0.00 $9,047.18
TRES COMMISSION DISTR-TAXES $251.29 $2,328.33 $47.53 $0.00
Underwriting Fees $1,243.48 $3,234.88 $912.63 $44,233.97
Warrant Interest Expense $0.00 $126,516.02 $0.00 $32,440.05
Warrant Structuring Fees $1,370.10 $3,944.99 $966.63 $53,943.88
Water Main Extension $0.00 $0.00 $0.00 $119,916.00
TOTAL EXPENDITURES $63,669.93 $167,308.11 $46,591.82 $2,255,930.80
REVENUES OVER EXPENDITURES
(EXPENDITURES OVER REVENUES) ($50,014.15) $846,846.85 ($44,036.05) ($2,209,980.83)
Note:Statement of Activities does not reflect the bond payments nor interest on warrant redemptions.
1414 N.205th St.,Ste. 1 • Omaha,NE 68022 • 402-391-7977
4/4/2023 10:20 Member FINRA/SIPC Page 4 of 7
Warrant Issuance Report (By Category)
SID No. 600 - EVERT PLACE QLUESTEM
July 1, 2022-June 30,2023 ' C A P I T A L PARTNERS
ACCOUNTING - BOOKKEEPING
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
GF 460 09/14/2022 Lutz&Company $3,000.00 $3,000.00 100%
GF 461 09/14/2022 Lutz&Company $250.00 $250.00 100%
$3,250.00
ENGINEERING
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
GF 456 09/14/2022 E&A Consulting Group,Inc. $3,000.00 $3,000.00 100%
GF 457 09/14/2022 E.&A Consulting Group,Inc. $1,311.89 $1,311.89 100%
GF 478 10/19/2022 E&A Consulting Group,Inc. $1,995.42 $1,995.42 100%
$6,307.31
FINANCIAL ADVISORY FEES
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
GF 467 09/14/2022 Bluestem Capital Partners $3,000.00 $3,000.00 100%
GF 468 09/14/2022 Bluestem Capital Partners $3,000.00 $3,000.00 100%
$6,000.00
LEGAL EXPENSES-SID ATTORNEY
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
CF 475 10/19/2022 Fullenkamp,Jobeun,Johnson&Beller $3,015.31 $3,015.31 100%
CF 482 11/22/2022 Fullenkamp,Jobeun,Johnson&Beller $121.75 $121.75 100%
GF 462 09/14/2022 Fullenkamp,Jobeun,Johnson&Beller $3,000.00 $3,000.00 100%
GF 463 09/14/2022 Fullenkamp,Jobeun,Johnson&Beller $3,000.00 $3,000.00 100%
GF 464 09/14/2022 Fullenkamp,Jobeun,Johnson&Beller $3,000.00 $3,000.00 100%
GF 465 09/14/2022 Fullenkamp,Jobeun,Johnson&Beller $2,640.21 $2,640.21 100%
$14,777.27
PAVING (INTERNAL)
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
CF 453 09/14/2022 Thiele Geotech $1,050.00 $1,050.00 100%
$1,050.00
SIDEWALKS
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
1414 N.205th St.,Ste. 1 • Omaha, NE 68022 • 402-391-7977
4/4/2023 10:20 Member FINRA/SIPC Page 5 of 7
Warrant Issuance Report (By Category)
SID No. 600 - EVERT PLACE [3LUESTEM
July 1, 2022-June 30,2023
ci. oiT7a � � � r-eTN � ras
SIDEWALKS
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
CF 470 10/19/2022 Jackson's Complete Concrete $10,000,00 $10,000,00 100%
CF 471 10/19/2022 Jackson's Complete Concrete $10,000.00 $10,000.00 100%
CF 472 10/19/2022 Jackson's Complete Concrete $10,000.00 $10,000.00 100%
CF 473 10/19/2022 Jackson's Complete Concrete $10,000.00 $10,000.00 100%
CF 474 10/19/2022 Jackson's Complete Concrete $6,265.05 $6,265.05 100%
CF 481 11/22/2022 Jackson's Complete Concrete $2,435.00 $2,435.00 100%
CF 491 11/22/2022 Thiele Geotech $690,00 $690.00 100%
$49,390.05
SIGNS-SIGN REPAIR
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
GF 458 09/14/2022 Stanek Construction Co $680.00 $680.00 100%
$680.00
SWPPP
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
GF 459 09/14/2022 Commercial Seeding Contractors $637.50 $637.50 100%
$637.50
UNDERWRITING FEES
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
CF 455 09/14/2022 Piper Sandler&Co. $21.53 $21.53 100%
CF 477 10/19/2022 Piper Sandler&Co. $1,010.25 $1,010.25 100%
CF 493 11/22/2022 Piper Sandler&Co. $3,175.26 $3,175.26 100%
GF 469 09/14/2022 Piper Sandler&Co. $540.65 $540.65 100%
GF 480 10/19/2022 Piper Sandler&Co. $40.91 $40.91 100%
$4,788.60
WARRANT INTEREST EXPENSE
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
CF 483 11/22/2022 UMB Bank $20,000.00 $20,000.00 100%
CF 484 11/22/2022 UMB Bank $20,000.00 $20,000.00 100%
CF 485 11/22/2022 UMB Bank $20,000.00 $20,000.00 100%
CF 486 11/22/2022 UMB Bank $20,000.00 $20,000.00 100%
CF 487 11/22/2022 UMB Bank $20,000.00 $20,000.00 100%
1414 N.205th St.,Ste. 1 • Omaha, NE 68022 • 402-391-7977
4/4/2023 10:20 Member FINRA/SIPC Page 6 of 7
Warrant Issuance Report (By Category)
SID No. 600 - EVERT PLACE A
July 1, 2022-June 30,2023 (IIEILUESTEA AR I T A L P A R T N C R S
WARRANT INTEREST EXPENSE
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
CF 488 11/22/2022 UMB Bank $20,000.00 $20,000.00 100%
CF 489 11/22/2022 UMB Bank $20,000.00 $20,000.00 100%
CF 490 11/22/2022 UMB Bank $11,644.00 $11,644.00 100%
$151,644.00
WARRANT STRUCTURING FEES
EXPENSE WARRANT
TYPE WARRANT# ISSUE DATE PAYEE AMOUNT VALUE PERCENTAGE
CF 454 09/14/2022 Bluestem Capital Partners $26.25 $26.25 100%
CF 476 10/19/2022 Bluestem Capital Partners $1,232.01 $1,232.01 100%
Cr 492 11/22/2022 Bluestem Capital Partners $3,872.27 $3,872.27 100%
GF 466 09/14/2022 Bluestem Capital Partners $512.99 $512.99 100%
GE 479 10/19/2022 Bluestem Capital Partners $49.89 $49.89 100%
$5,693.41
TOTAL FOR EVERT PLACE $244,218.14
1414 N.205th St.,Ste. 1 • Omaha, NE 68022 • 402-391-7977
4/4/2023 10:20 Member FINRA/SIPC Page 7 of 7
E&A Consulting Group,Inc.
Engineering Answers
10909 Mill Valley Road,Suite 100
Omaha,NE 68154-3950
402.895.4700
Douglas County SID#600 December 31,2022
c/o Mr.Brent Beller,Attorney Project No: P2017.053.011
11440 West Center Road Invoice No: 164781
Omaha,NE 68144
Project P2017.053.011 Evert Place @ 192nd&Famam Streets in Omaha,NE-SID Development
Professional Services from December 11 2021 to December 18,2022
Phase 010 Design Services-Sanitary Sewer Section I
Fee
Estimated Construction Cost 162,385.03
Fee Percentage 10.50
Total Fee 17,050.43
Percent Complete 100.00 Total Earned 17,050.43
Previous Fee Billing 10,934.49
Current Fee Billing 6,115.94
Total Fee 6,115.94
Total this Phase $6,115.94
Phase 011 Design Services-Storm Sewer Section I
Fee
Estimated Construction Cost 246,447.50
Fee Percentage 12.00
Total Fee 29,573.70
Percent Complete 100.00 Total Earned 29,573.70
Previous Fee Billing 35,088.84
Current Fee Billing -5,515.14
Total Fee -5,515.14
Total this Phase -$5,515.14
Phase 012 Design Services-Paving Section I
Fee
Estimated Construction Cost 576,770.55
Fee Percentage 8.50
Total Fee 49,025.50
Percent Complete 100.00 Total Earned 49,025.50
Previous Fee Billing 44,232.13
Current Fee Billing 4,793.37
Total Fee 4,793.37
Total this Phase $4,793.37
Phase 013 Design Services-Sidewalk Improvements Section 1
Fee
Estimated Construction Cost 21,912.85
Fee Percentage 14.00
Total Fee 3,067.80
•
Project P2017.053.011 Evert Place @ 192nd&Farnam Streets in Invoice 164781
Percent Complete 100.00 Total Earned 3,067.80
Previous Fee Billing 3,333.38
Current Fee Billing -265.58
Total Fee -265.58
Total this Phase -$265.58
Phase 015 Design-Outfall Sewer Section 1
Fee
Estimated Construction Cost 329,584.25
Fee Percentage 9.50
Total Fee 31,310.50
Percent Complete 100.00 Total Earned 31,310.50
Previous Fee Billing 27,428.15
Current Fee Billing 3,882.35
Total Fee 3,882.35
Total this Phase $3,882.35
Phase 020 Construction Management&Staking Services-Sanitary Sewer Section I
Fee
Estimated Construction Cost 162,385.03
Fee Percentage 10.50
Total Fee 17,050.43
Percent Complete 100.00 Total Earned 17,050.43
Previous Fee Billing 10,934.49
Current Fee Billing 6,115.94
Total Fee 6,115.94
Total this Phase $6,115.94
•
Phase 021 Construction Management&Staking Services-Storm Sewer Section 1
Fee
Estimated Construction Cost 246,447.50
Fee Percentage 10.50
Total Fee 25,876.99
Percent Complete 100.00 Total Earned 25,876.99
Previous Fee Billing 30,702.74
Current Fee Billing -4,825.75
Total Fee -4,825.75
Total this Phase -$4,825.75
Phase 022 Construction Management&Staking Services-Paving Section 1
Fee
Estimated Construction Cost 576,770.55
Fee Percentage 8.50
Total Fee 49,025.50
Percent Complete 100.00 Total Earned 49,025.50
Previous Fee Billing 44,232.13
Current Fee Billing 4,793.37
Total Fee 4,793.37
Total this Phase $4,793.37
Phase 023 Construction Management&Staking Services-Sidewalk Improvements Section I
Page 2
Project P2017.053.011 Evert Place @ 192nd&Famam Streets in Invoice 164781
Fee
Estimated Construction Cost 21,912.85
Fee Percentage 14.00
Total Fee 3,067.80
Percent Complete 100.00 Total Earned 3,067.80
Previous Fee Billing 280.71
Current Fee Billing 2,787.09
Total Fee 2,787.09
Total this Phase $2,787.09
Phase 024 Construction Management&Staking Services-Outfall Sewer Section I
Fee
Estimated Construction Cost 329,584.25
Fee Percentage 9.50
Total Fee 31,310.50
Percent Complete 100.00 Total Earned 31,310.50
Previous Fee Billing 27,240.14
Current Fee Billing 4,070.36
Total Fee 4,070.36
Total this Phase $4,070.36
Phase 040 As-Built Plans-Sanitary Sewer,Storm Sewer,and Paving Section I
Fee
Total Fee 5,500.00
Percent Complete 100.00 Total Earned 5,500.00
Previous Fee Billing 990.00
Current Fee Billing 4,510.00
Total Fee 4,510.00
Total this Phase $4,510.00
Phase 043 As-Built Plans-Sidewalks Improvements Section I
Fee
Total Fee 2,000.00
Percent Complete 100.00 Total Earned 2,000.00
Previous Fee Billing 0.00
Current Fee Billing 2,000.00
Total Fee 2,000.00
Total this Phase $2,000.00
Phase 044 As-Built Plans-Outfall Sewer Section I
Fee
Total Fee 3,500.00
Percent Complete 100.00 Total Earned 3,500.00
Previous Fee Billing 0.00
Current Fee Billing 3,500.00
Total Fee 3,500.00
Total this Phase $3,500.00
Phase 050 Assessments Section I
Fee
Page 3
•
Project P2017.053.011 Evert Place Q 192nd&Famam Streets in Invoice 164781
Total Fee 5,000.00
Percent Complete 100.00 Total Earned 5,000.00
Previous Fee Billing 4,800.00
Current Fee Billing 200.00
Total Fee 200.00
Total this Phase $200.00
Phase 210 Design Services-Sanitary Sewer Section II
Fee
Estimated Constmction Cost 85,662.50
Fee Percentage 12.50
Total Fee 10,707.81
Percent Complete 100.00 Total Earned 10,707.81
Previous Fee Billing 10,902.44
Current Fee Billing -194.63
Total Fee -194.63
Total this Phase -$194.63
Phase 211 Design Services-Storm Sewer Section II
Fee
Estimated Construction Cost 42,067.00
Fee Percentage 15.00
Total Fee 6,310.05
Percent Complete 100.00 Total Earned 6,310.05
Previous Fee Billing 6,382.20
Current Fee Billing -72.15
Total Fee -72.15
Total this Phase -$72.15
Phase 212 Design Services-Paving Section II
Fee
Estimated Construction Cost 110,424.81
Fee Percentage 10.50
Total Fee 11,594.61
Percent Complete 100.00 Total Earned 11,594.61
Previous Fee Billing 11,643.93
Current Fee Billing -49.32
Total Fee -49.32
Total this Phase -$49.32
•
Phase 213 Design Services-Sidewalk Improvements Section II
Fee
Estimated Construction Cost 26,787.20
Fee Percentage 14.00
Total Fee 3,750.21
Percent Complete 100.00 Total Earned 3,750.21
Previous Fee Billing 2,642.68
Current Fee Billing 1,107.53
Total Fee 1,107.53
Page 4
Project P2017.053.011 Evert Place @ 192nd&Famam Streets in Invoice 164781
Total this Phase $1,107.53
Phase 220 Construction Management&Staking Services-Sanitary Sewer Section II
Fee
Estimated Construction Cost 85,662.50
Fee Percentage 12.50
Total Fee 10,707.81
Percent Complete 100.00 Total Earned 10,707.81
Previous Fee Billing 10,902.44
Current Fee Billing -194.63
Total Fee -194.63
Total this Phase -$194.63
Phase 221 Construction Management&Staking Services-Storm Sewer Section II
Fee
Estimated Construction Cost 42,067.00
Fee Percentage 14.00
Total Fee 5,889.38
•
Percent Complete 100.00 Total Earned 5,889.38
Previous Fee Billing 5,658.88
Current Fee Billing 230.50
Total Fee 230.50
Total this Phase $230.50
Phase 222 Construction Management&Staking Services-Paving Section II
Fee
Estimated Construction Cost 110,424.81
Fee Percentage 10.50
Total Fee 11,594.61
Percent Complete 100.00 Total Earned 11,594.61
Previous Fee Billing 7,917.87
Current Fee Billing 3,676.74
Total Fee 3,676.74
Total this Phase $3,676.74
Phase 223 Construction Management&Staking Services-Sidewalk Improvements Section II
Fee
Estimated Construction Cost 26,787.20
Fee Percentage 14.00
Total Fee 3,750.21
Percent Complete 100.00 Total Earned 3,750.21
Previous Fee Billing 83.45
Current Fee Billing 3,666.76
Total Fee 3,666.76
Total this Phase $3,666.76
Phase 240 As-Built Plans-Sanitary Sewer,Storm Sewer,and Paving Section II
Fee
Total Fee 4,000.00
Percent Complete 100.00 Total Earned 4,000.00
Page 5
Project P2017.053.011 Evert Place @ I 92nd&Famam Streets in Invoice 164781
Previous Fee Billing 560.00
Current Fee Billing 3,440.00
Total Fee 3,440.00
Total this Phase $3,440.00
Phase 250 Assessments Section II
Fee
Total Fee 5,000.00
Percent Complete 100.00 Total Earned 5,000.00
Previous Fee Billing 4,400.00
Current Fee Billing 600.00
Total Fee 600.00
Total this Phase $600.00
Total this Invoice $44,372.75
Approved By: Douglas Walter
Page 6
Invoice
Date Invoice#
2/23/2023 610
SID Services LLC
1414 N 205th Street Ste 1A
Omaha,NE 68022
(402) 504-3967
Bill To
SID #600 of Douglas County Nebraska
do: Fullenkamp, Jobeun, Johnson&Beller
Attn: Mr. Brent Beller
11440 West Center Road, Ste. C
Omaha,NE 68144-4421
Description - Amount
Dissemination Annual Fee July 1,2022 to June 30,2023:DISSEMINATION FEE 275.00
Total $275.00
Invoice
Date Invoice#
2/24/2023 773
SID Services LLC
1414 N 205th Street Ste 1A
Omaha,NE 68022
(402) 504-3967
Bill To
SID #600 of Douglas County Nebraska
do: Fullenkamp, Jobeun, Johnson&Beller
Attn: Mr. Brent Beller
11440 West Center Road, Ste. C
Omaha,NE 68144-4421
Description Amount
Paying Agent and Registrar Annual Fee July 1,2022 to June 30,2023: 1,000.00
CONSTRUCTION FUND
Total $1,000.00
E&A Consulting Group,Inc.
Engineering Answers
10909 Mill Valley Road,Suite 100
Omaha,NE 68154-3950
402.895.4700
Douglas County SID#600 October 31,2022
do Mr.Brent Beller,Attorney Project No: P2017.053.000
11440 West Center Road - Invoice No: 164158
Omaha,NE 68144
Project P2017.053.000 600-Evert Place in Omaha,NE-District Maintenance
Professional Services from September 12,2022 to October 16,2022
Phase 122 2022 District Maintenance
Task 135 Diggers Hotline
Professional Personnel
Hours Rate Amount
Construction Technician III .10 121.00 12.10
Totals .10 12.10
Total Labor 12.10
Total this Task $12.10
Task 440 Repairs/Maintenance
Professional Personnel
Hours Rate Amount
Administrative Assistant IV .50 115.00 57.50
Engineer X 1.50 270.00 405.00
Construction Technician II 1.00 108.00 108.00
Totals 3.00 570.50
Total Labor 570.50
Total this Task $570.50
Total this Phase $582.60
Phase 222 2022 Erosion&Sediment Control Inspecting/Reporting
Task 196 Erosion Control
Professional Personnel
Hours Rate Amount
Environmental Scientist i .25 85.00 21.25
Environmental Scientist .17 85.00 14.45
Environmental Scientist III 5.67 121.00 686.07
Environmental Scientist X .50 260.00 130.00
Totals 6.59 851.77
Total Labor 851.77
Total this Task $851.77
Total this Phase $851.77
Phase 999 Reimbursables
' Project P2017.053.000 600-Evert Place-DM Invoice 164158
Unit Billing
Mileage 36.25
Total Units 36.25 36.25
Total this Phase $36.25
Total this Invoice $1,470.62
Approved By: Robert Czerwinski
Page 2
E&A Consulting Group,Inc.
Engineering Answers
10909 Mill Valley Road,Suite 100
Omaha,NE 68154-3950
402.895.4700
Douglas County SID#600 November 30,2022
do Mr.Brent Beller,Attorney Project No: P2017.053.000
11440 West Center Road Invoice No: 164636
Omaha,NE 68144
Project P2017.053.000 600-Evert Place in Omaha,NE-District Maintenance
Professional Services from October 17,2022 to November 13.2022
Phase 122 2022 District Maintenance
Task 135 Diggers Hotline
Professional Personnel
Hours Rate Amount
Construction Technician III .30 121.00 36.30
Totals .30 36.30
Total Labor 36.30
Total this Tad $36.30
Task 440 Repairs/Maintenance
Professional Personnel
Hours Rate Amount
.SID Manager X 2.00 260.00 520.00
Totals 2.00 520.00
Total Labor 520.00
Total this Tash $520.00
Total this Phase $556.30
Phase 222 2022 Erosion&Sediment Control Inspecting/Reporting _
Task 196 Erosion Control
Professional Personnel
Hours Rate Amount
Environmental Scientist I .50 85.00 42.50
Environmental Scientist I .25 85.00 21.25
Environmental Scientist III 4.84 121.00 585.64
Environmental Scientist IV .25 139.00 34.75
Totals 5.84 684.14
Total Labor 684.14
Total this Tad $684.14
Total this Phase $684.14
Phase 999 Reimbursables
Reimbursable Expenses
Permits and Fees 100.00
Total Reimbursables 100.00 100.00
Project P2017.053.000 600-Evert Place-DM Invoice 164636
Unit Billing
Mileage 29.38
Total Units 29.38 29.38
Total this Phase $129.38
Total this invoice $1,369.82
Approved By: Robert Czerwinski
Page 2
E&A Consulting Group,Inc.
Engineering Answers
10909 Mill Valley Road,Suite 100
Omaha,NE 68154-3950
• 402.895.4700
Douglas County SID#600 December 31,2022
c/o Mr.Brent Beller,Attorney Project No: P2017.053.000
11440 West Center Road Invoice No: 165005
Omaha,NE 68144
Project P2017.053.000 600-Evert Place in Omaha,NE-District Maintenance
Professional Services from November 14.2022 to December 18.2022
Phase 122 2022 District Maintenance
Task 010 As-Builts
Professional Personnel
Hours Rate Amount
Technician VI 2.00 148.00 296.00
Totals 2.00 296.00
Total Labor 296.00
Total this Tash $296.00
Task 135 Diggers Hotline
Professional Personnel
Hours Rate Amount
Construction Technician III 1.25 121.00 151.25
Totals 1.25 151.25
Total Labor 151.25
Total this Tad $151.25
Task 440 Repairs/Maintenance
Professional Personnel
Hours Rate Amount
Administrative Assistant IV .25 115.00 28.75
SID Manager X 2.00 260.00 520.00
Totals 2.25 548.75
Total Labor 548.75
Total this Tad . $548.75
Total this Phase $996.00
Phase 222 2022 Erosion&Sediment Control Inspecting/Reporting
Task 196 Erosion Control
Professional Personnel
Hours Rate Amount
Environmental Scientist i 1.00 85.00 85.00
Environmental Scientist IT .17 106.00 18.02
Environmental Scientist III 8.04 121.00 972.84
Environmental Scientist IV .75 139.00 104.25
Totals 9.96 1,180.11
Total Labor 1,180.11
, Project P2017.053.000 600-Evert Place-DM invoice 165005
Total this Task $1,180.11
Total this Phase $1,180.11
Phase 999 Reimbursables
Unit Billing
Mileage 51.25
Total Units 51.25 51.25
Total this Phase $51.25
Total this Invoice $2,227.36
Approved By: Robert Czerwinski
Page 2
E&A Consulting Group,Inc.
Engineering Answers
10909 Mill Valley Road,Suite 100
Omaha,NE 68154-3950
402.895.4700
Douglas County SID#600 January 31,2023
do Mr.Larry Johann,Attorney Project No: P2017.053.000
11440 West Center Road Invoice No: 165398
Omaha,NE 68144
Project P2017..053.000 600-Evert Place in Omaha,NE-District Maintenance
Professional Services from December 19.2022 to January 22,2023
Phase 122 .2022 District Maintenance
•
Task 135 Diggers Hotline
Professional Personnel
Hours Rate Amount
Construction Technician III .10 121.00 12.10
Totals .10 12.10
Total Labor 12.10
Total this Task $12.10
Total this Phase $12.10
Phase 123 2023 District Maintenance
Task 135 Diggers Hotline
Professional Personnel
Hours Rate Amount
Construction Technician III .45 129.00 58.05
Totals .45 58.05
Total Labor 58.05
• Total this Task $58.05
Task 440 Repairs/Maintenance
Professional Personnel
Hours Rate Amount
Project Coordinator II .25 127.00 31.75
•
Totals .25 31.75
Total Labor 31.75
Total this Task $31.75
Total this Phase $89.80
Phase 222 2022 Erosion&Sediment Control Inspecting/Reporting
Task 196 Erosion Control
Professional Personnel
Hours Rate Amount
Environmental Scientist I .42 85.00 35.70.
Environmental Scientist III 2.88 121.00 348.48
Totals 3.30 384.18
Total Labor 384.18
Project P2017.053.000 600-Evert Place-DM Invoice 165398
Total this Task $384.18
Total this Phase $384.18
Phase 223 2023 Erosion&Sediment Control Inspecting/Reporting
Task 196 Erosion Control
Professional Personnel
Hours Rate Amount
• Environmental Scientist 11 .08 111.00 8.88
Environmental Scientist III 5.08 129.00 655.32
Environmental Scientist IV .25 150.00 37.50
Totals 5.41 701.70
Total Labor 701.70
Total this Task $701.70
Total this Phase $701.70
Phase 999 Reimbursables
Unit Billing
Mileage 42.50
Total Units 42.50 42.50
Total this Phase $42.50
Total this Invoice $1,230.28
Approved By: Robert Czerwinski
Page 2
f
E&A Consulting Group,Inc.
Engineering Answers
10909 Mill Valley Road,Suite 100 .
Omaha,NE 68154-3950
402.895.4700
Douglas County SID#600 February 28,2023
c/o Mr.Larry Jobeun,Attorney Project No: P2017.053.000
11440 West Center Road Invoice No: 165815
Omaha,NE 68144
Project P2017.053.000 600-Evert Place in Omaha,NE-District Maintenance
Professional Services from January 23.2023 to February 19 2023
•
Phase 123 2023 District Maintenance
Task 098 County EPA Reports
Professional Personnel
• Hours Rate Amount
Project Coordinator l .50 112.00 56.00
Construction Manager II .25 163.00 40.75
Totals - .75 96.75
Total Labor 96.75
Total this Task $96.75
Task 135 Diggers Hotline
Professional Personnel
Hours Rate Amount
Construction Technician III 1.55 129.00 199.95
Totals 1.55 199.95
Total Labor 199:95
Total this Task $199.95
Task 440 Repairs/Maintenance
Professional Personnel
Hours Rate - Amount
Project Coordinator II • .25 127.00 31.75
Construction Technician I .75 99.00 74.25
Totals 1.00 106.00
Total Labor 106.00
Total this Task $106.00
Task 570 Surveying
Professional Personnel •
-
Hours Rate Amount
Project Coordinator I .50 112.00 56.00
Totals .50 56.00
Total Labor 56.00
Total this Task $56.00
Total this Phase $458.70
Phase 223 2023 Erosion&Sediment Control Inspecting/Reporting
Project P2017.053.000 600-Evert Place-DM Invoice 165815
Task 196 Erosion Control
Professional Personnel
Hours Rate Amount
Environmental Scientist I .13 89.00 11.57
Environmental Scientist I .17 89.00 15.13
Environmental Scientist 111 2.50 129.00 322.50
Environmental Scientist IV 1.75 150.00 262.50
Totals 4.55 611.70
Total Labor - 611.70
Total this Tash $611.70
Total this Phase $611.70
Phase 999 Reimbursables
Reimbursable Expenses
Permits and Fees 58.00
Total Reimbursables 58.00 58.00
Unit Billing
Mileage - 50.63
Total Units 50.63 50.63
Total this Phase $108.63
Total this Invoice $1,179.03
Approved 13y: Robert Czerwinski
Page 2
Lu tz
MIND WHAT MATTERS
Sanitary Imp. District#600 Evert Place
11440 W Center Road #C
Omaha, NE 68144
Invoice No. 320626
Date 12/31/2022
Client No. 17009.1700 Sanitary Imp. District#600 Evert Place
Please include Client No. with payment Pay Online at www.lutz.us/pay
For Professional Services Rendered:
Final bill for completion of audited financial statements for the
year ended June 30, 2022
Current Amount Due $ 4,150.00
•
ACCOUNTING • FINANCIAL • TECH • M&A • TALENT
13616 CALIFORNIA STREET, SUITE 300, OMAHA, NE 68154-5336 1402.496.8800 I INFO@LUTZ.US I WWW.LUTZ.US
W-9 INFORMATION:LUT2&COMPANY. PC IS A CORPORATION AND ITS ElN IS 47-06 2 5 816.
Lu ` a
MIND WHAT MATTERS
Sanitary Imp. District#600 Evert Place
11440 W Center Road #C
Omaha, NE 68144
Invoice No. 322209
Date 01/31/2023
Client No. 17009.1700 Sanitary Imp. District#600 Evert Place
Please include Client No. with payment Pay Online at www.lutz.us/pay
For Professional Services Rendered:
Preparation of forms 1099 and 1096.
Current Amount Due $ 330.00
ACCOUNTING • FINANCIAL • TECH • M&A • TALENT
13616 CALIFORNIA STREET, SUITE 300, OMAHA, NE 68154-5336 1402.496.8800 I INFO@LUTZ.US I WWW,LUTZ.US
W-9 INFORMATION:LUTZ&COMPANY,PC 15 A CORPORATION AND ITS EIN IS A'-O625816
Commercial Seeding Contractors Invoice
26365 Reichmuth Circle
Valley,NE 68064 ECEIVE1Date Invoice#
1
12/27/2022 27650
BY:
Bill To
SID 600 s Place
do E&A Consulting Group 1 1
10909 Mill Valley Road,Suite 100
Omaha,NE 68154
COMMERCIAL
SEEDING CONTRACTORS
P.O. No. Terms Project
SID 600 Evert Place
Quantity Description U/M Rate Amount
SWPPP work performed as requested by Jason
8 Laborers(Hours)to clean inlet filters 47.50 380.00
Approv y ysulting Group, Inc.
Date: 8
Initials:SID
SID No.
Project No.7tn C€3.OOO
cl &5o n Ritek + Total $380.00
Commercial Seeding Contractors
26365 Reichmuth Circle E C E IVE Invoice
Valley,NE 68064 JAN 24 2023 D
Date Invoice#
1/16/2023 27683
BY:
Bill To
SID 600 Evert Ming
do E&A Consulting Group
10909 Mill Valley Road,Suite 100
Omaha,NE 68154
COMMERCIAL.
SEEDING CONTRACTORS
P.O. No. Terms Project
SID 600 Evert Place
Quantity Description U/M Rate Amount
SWPPP work performed as requested by Jason
3 Laborers(Hours)to clean inlet filters 47.50 142.50
8 GeoCurve Inlet Filters(Each) 105.00 840.00
Approved pry g&A Consulting Group, Inc.
Date: /FYN
Initials: 7'4:8
SD No. G700
Project No. 70I`1 O`-i-'-,.ce i
eTotal $982.50
Josai ,9 &cC '
Invoice
Date Invoice#
2/24/2023 688
SID Services LLC
1414 N 205th Street Ste 1A
Omaha,NE 68022
(402) 504-3967
Bill To
SID #600 of Douglas County Nebraska
do: Fullenkamp, Jobeun,Johnson&Beller
Attn: Mr. Brent Beller
11440 West Center Road, Ste. C
Omaha,NE 68144-4421
Description Amount
Paying Agent and Registrar Annual Fee from July 1,2022 to June 30,2023: 1,000.00
GENERAL FUND
Total $1,000.00
BOND RESOLUTION
BE IT RESOLVED,by the Board of Trustees of Sanitary and Improvement District No. 600 of
Douglas County,Nebraska(the"District"), as follows:
Section 1. Authorization. The Board of Trustees (the"Board")finds and determines that:
(a) Such District was duly organized under the provisions of Section 31-727 et seq.
Reissue Revised Statutes of Nebraska,as amended(the"Act"); that the Board previously adopted
Resolutions of Necessity for the installation of certain public improvements, that all of such
improvements have been installed and the work completed,has been and is hereby accepted by the
Board of Trustees of the District, and the District has outstanding construction fund warrants used
to pay the cost of such improvements, in the total principal amount of $1,234,318.97 and
$39,841.34 in accrued interest as of the Redemption Date.
(b) The Board further finds that after applying all other funds available for the public
improvements it is now necessary and appropriate for the District to issue bonds in the principal
amount of$1,350,000 to provide funds to redeem outstanding construction fund warrants in the
principal and interest amount of approximately$1,274,160.31 (the "Refunded Warrants"). The
Refunded Warrants are numbered by the District as Warrant Nos. 97—253.
(c) The District hereby calls the Refunded Warrants for redemption on May 17, 2023
(the"Redemption Date")and directs the Paying Agent named herein to provide notice of such call
to the holders of the Refunded Warrants;provided,however,that said Refunded Warrants shall not
be called for redemption, and this direction to call the Refunded Warrants shall be of no force and
effect if the District does not issue, sell and deliver its $1,350,000 aggregate principal amount of
General Obligation Bonds, Series 2023, on or before the Redemption Date. After the Redemption
Date,the Refunded Warrants shall no longer bear interest.
Section 2. Conditions Satisfied. The Board hereby further finds and determines that it is
necessary and advisable for the District to issue and sell its general obligation bonds in the principal amount
of$1,350,000 to provide for the redemption of the Refunded Warrants; and that all conditions, acts and
things required by law to exist or to be done precedent to the issuance of the general obligation bonds of
the District in the amount of$1,350,000 pursuant to the Act, do exist and have been done as required by
law.
Section 3. Bond Terms. For the purposes specified in Sections 1 and 2 there are hereby ordered
issued fully registered bonds of the District in the total principal amount of $1,350,000which shall be
designated as"General Obligation Bonds, Series 2023", (hereinafter referred to as"Bonds")and shall bear
interest at the rates per annum and mature on November 15 in each of the years and in the principal amounts
as follows:
Type Maturity Date Principal Interest Price Type Maturity Date Principal Interest Price
(November 15) Amount Rate (November 15) Amount Rate
Serial 2027 $55,000 3.70% 100% Serial 2032 $ 65,000 4.00% 100%
Serial 2028 55,000 3.75 100 Serial 2033 70,000 4.10 100
Serial 2029 60,000 3.80 100 Term 2038 400,000 4.65 100
Serial 2030 60,000 3.85 100 Term 2043 520,000 5.10 100
Serial 2031 65,000 3.90 100
(a) Bonds maturing on or after November 15,2028 are subject to redemption in whole
or in part prior to maturity at the option of the District at any time on or after May 15, 2028, at the
4860-6248-2777.1
principal amount thereof plus accrued interest to the date set for redemption, with no redemption
premium. The District may select the maturity of the Bonds so to be redeemed in its sole discretion.
(b) The Bonds maturing in the years November 15 in the years 2038 and 2043 are
Term Bonds and are required to be redeemed in part prior to their maturity date, commencing on
November 15, 2034, and continuing on each November 15 set forth below,from moneys required
to be deposited by the District into the Bond Fund for such mandatory sinking fund redemptions,
which redemptions shall be in the years and for the principal amounts as follows:
Years of Redemption Principal Years of Redemption Principal
(November 15) Required to be (November 15) Required to be
Redeemed Redeemed
2034 $70,000 2039 $95,000
2035 $75,000 2040 $95,000
2036 $80,000 2041 $105,000
2037 $85,000 2042 $110,000
2038(final maturity) $90,000 2043 (fmal maturity) $115,000
Such scheduled mandatory sinking fund redemptions shall be at a price equal to 100% of
the principal amount redeemed plus interest accrued on the principal amount being redeemed to the
date fixed for redemption. The Paying Agent shall select for redemption from the outstanding
Bonds subject to annual mandatory sinking fund redemption,the scheduled principal amount to be
redeemed,using any random method of selection deemed appropriate by the Paying Agent.
(c) The Bonds shall be issued in the form of fully registered bonds, in the
denomination of$5,000 or any integral multiple thereof("Authorized Denominations"),and may
contain such variations, omissions and insertions as are incidental to such differences of series,
denomination and form. The bonds initially issued shall be dated May 17, 2023 and bonds issued
upon exchanges and transfer of bonds shall be dated so that no gain or loss of interest shall result
from such transfer. Each bond shall bear interest from the date thereof and bonds shall be numbered
1 upward, in order of their issuance. Interest on the bonds shall be payable semi-annually on May
15 and November 15 of each year, (each an "Interest Payment Date") commencing November
15, 2023. The principal of the Bonds shall be payable upon presentation and surrender thereof at
the principal corporate trust office of UMB Bank,N.A., West Des Moines, Iowa, which is hereby
designated as Paying Agent and Registrar for the bonds (the "Paying Agent"). Interest on said
bonds will be paid on each Interest Payment Date by wire transfer, check or draft mailed by the
Paying Agent,to the person in whose name the ownership of each bond is registered on the books
of the Paying Agent at the close of business on the first day of the month in which an Interest
Payment Date occurs (the "Record Date"). Said interest shall be computed on the basis of a
360-day year consisting of twelve 30-day months. If payments of interest due on the Bonds on an
Interest Payment Date are not timely made, such interest shall cease to be payable to the registered
owners as of the Record Date for such Interest Payment Date and shall be payable to the registered
owners of the Bonds as of a special date of record for payment of such defaulted interest as shall
be designated by the Paying Agent whenever monies for the purpose of paying such defaulted
interest become available. The principal and interest on the Bonds are payable in lawful money of
the United States of America.
Section 4. Book-Entry Bonds; Execution of Bonds. The Bonds shall be executed on behalf of
the District with the manual or facsimile signatures of the Chair and Clerk of the District in office on May
17, 2023. In case any officer whose signature shall appear on the Bonds ceases to be such officer before
the delivery of the Bonds, such signature shall, nevertheless, be valid and sufficient for all purposes, the
same as if such officer had remained in office until delivery.
2
4860-6248-2777.1
Each Bond shall have endorsed thereof a certificate of authentication substantially in the form
hereinafter set forth, duly executed by the Paying Agent. No Bonds shall be valid or obligatory for any
purpose unless and until such certificate of authentication shall have been duly executed by the Paying
Agent and such executed certificate upon any such Bond shall be conclusive evidence that such bond has
been authenticated and delivered in accordance with this Bond Resolution.
At the request of the Purchaser of the Bonds,the District hereby provides and directs that the Bonds
may be issued initially in "book-entry-only" form under the services of The Depository Trust Company
(the "Depository"), with one typewritten bond per maturity being issued to the Depository. In such
connection, said officers are authorized to execute and deliver a Letter of Representation in the form
required by the Depository, for and on behalf of the District which shall thereafter govern matters with
respect to registration,transfer,payment and redemption of the Bonds. Upon the issuance of the Bonds as
"book-entry-only"bonds,the following provisions shall apply:
(a) The District and the Paying Agent shall have no responsibility or obligation to any
broker-dealer, bank or other financial institution for which the Depository holds the Bonds as
securities depository (each, a"Bond Participant")or to any person who is an actual purchaser of
a Bond from a Bond Participant while the Bonds are in book-entry form (each, a `Beneficial
Owner")with respect to the following:
(i) the accuracy of the records of the Depository, any nominees of the
Depository or any Bond Participant with respect to any ownership interest in the Bonds;
(ii) the delivery to any Bond Participant, any Beneficial Owner or any other
person, other than the Depository, of any notice with respect to the Bonds, including any
notice of redemption; or
(iii) the payment to any Bond Participant, any Beneficial Owner or any other
person, other than the Depository, of any amount with respect to the Bonds. The Paying
Agent shall make payments with respect to the Bonds only to or upon the order of the
Depository or its nominee,and all such payments shall be valid and effective fully to satisfy
and discharge the obligations with respect to such Bonds to the extent of the sum or sums
so paid. No person other than the Depository shall receive an authenticated Bond.
(b) Upon receipt by the Paying Agent of written notice from the Depository to the
effect that the Depository is unable or unwilling to discharge its responsibilities,the Paying Agent
shall issue, transfer and exchange Bonds requested by the Depository in appropriate amounts.
Whenever the Depository requests the Paying Agent to do so,the Paying Agent will cooperate with
the Depository in taking appropriate action after reasonable notice (i) to arrange, with the prior
written consent of the District, for a substitute depository willing and able upon reasonable and
customary terms to maintain custody of the Bonds or (ii) to make available Bonds registered in
whatever the name or names the Beneficial Owners transferring or exchanging such Bonds shall
designate.
(c) If the District determines that it is desirable that certificates representing the Bonds
be delivered to the ultimate Beneficial Owners of the Bonds and so notifies the Paying Agent in
writing,the Paying Agent shall so notify the Depository,whereupon the Depository will notify the
Bond Participants of the availability through the Depository of bond certificates representing the
Bonds. In such event, the Paying Agent shall issue, transfer and exchange bond certificates
representing the Bonds as requested by the Depository in appropriate amounts and in Authorized
Denominations.
3
4860-6248-2777.1
(d) Notwithstanding any other provision of this Bond Resolution to the contrary, so
long as any Bond is registered in the name of the Depository or any nominee thereof,all payments
with respect to such Bond and all notices with respect to such Bonds shall be made and given,
respectively,to the Depository as provided in the Letter of Representation.
(e) Registered ownership of the Bonds may be transferred on the books of registration
maintained by the Paying Agent,and the Bonds may be delivered in physical form to the following:
(i) any successor securities depository or its nominee;
(ii) any person, upon(A)the resignation of the Depository from its functions
as depository or(B)termination of the use of the Depository pursuant to this Section and
the terms of the Paying Agent and Registrar's Agreement.
(f) In the event of any partial redemption of a Bond unless and until such partially
redeemed Bonds has been replaced in accordance with the provisions of this Bond Resolution,the
books and records of the Paying Agent shall govern and establish the principal amount of such
Bond as is then outstanding and all of the Bonds issued to the Depository or its nominee shall
contain a legend to such effect.
If for any reason the Depository resigns and is not replaced,the District shall immediately provide
a supply of printed bond certificates for issuance upon the transfers from the Depository and subsequent
transfers or in the event of partial redemption. In the event that such supply of bond certificates shall be
insufficient to meet the requirements of the Paying Agent for issuance of replacement Bonds upon transfer
or partial redemption, the District agrees to order printed an additional supply of bond certificates and to
direct their execution by facsimile or manual signatures of its then duly qualified and acting Chair and
Clerk. In case any officer whose signature or facsimile thereof shall appear on any Bond ceases to be such
officer before the delivery of such Bond (including bond certificates delivered to the Paying Agent for
issuance upon transfer or partial redemption), such signature or such facsimile signature shall nevertheless
be valid and sufficient for all purposes the same as if such officer or officers had remained in office until
the delivery of such Bond.
Section 5. Registration, Transfer and Payment. The District and the Paying Agent may treat
the registered owner of any Bond as the absolute owner of such bond for the purpose of making payment
thereof and for all other purposes and neither the District nor the Paying Agent shall be bound by any notice
or knowledge to the contrary, whether such bonds shall be overdue or not. All payments of or on account
of interest to any registered owner of any Bond and all payments of or on account of principal to the
registered owner of any Bond, shall be valid and effectual and shall be a discharge of the District and the
Paying Agent, in respect of the liability upon the bond or claim for interest,as the case may be,to the extent
of the sum or sums paid.
The District will cause books for the registration and transfer of the Bonds to be kept at the principal
office of the Paying Agent at all times while any of such bonds shall be outstanding. Any Bond may be
transferred pursuant to its provisions at the principal office of the Paying Agent by surrender of such bond
for cancellation, accompanied by a written instrument of transfer in a form satisfactory to such Paying
Agent duly executed by the registered owner in person or by his or her duly authorized agent,and thereupon
the Paying Agent will authenticate and deliver at the office of the Paying Agent(or send by registered mail
to the owner thereof at such owner's expense), in the name of the transferee or transferees, a new bond of
the same series, interest rate, principal amount and maturity, dated so there shall result no gain or loss of
interest as a result of such transfer. Subject to the limitation of Authorized Denominations set forth herein,
one bond may be transferred for several other bonds of this issue, series, interest rate and maturity, and for
4
4860-6248-2777.1
a like aggregate principal amount and several such bonds of this issue may be transferred for one or several
such bonds, respectively, of this issue, series, interest rate and maturity and for a like aggregate principal
amount.
As a condition of any registration or transfer, the Paying Agent may at its option require the
payment of a sum sufficient to reimburse it or the District for any tax or other governmental charge that
may be imposed thereon. The Paying Agent may charge reasonable fees for a transfer provided, however,
the District shall not pay any such fees.
The Paying Agent shall not be required (a) to issue, transfer or exchange bonds from the Record
Date until the next Interest Payment Date;(b)to issue,register or transfer any bonds for a period of 15 days
immediately preceding any selection of bonds for redemption or for a period of 15 days thereafter;or(c)to
register, transfer or exchange any bonds which have been designated for redemption within a period of
30 days immediately preceding the date fixed for redemption.
Transfer of interests in the Bonds, will be governed by the procedures described under Section 5
herein so long as the Depository is in place.
Section 6. Effect of Redemption. Notice of redemption of any Bonds or a portion thereof shall
be given by first class mail to the registered owner of such bond,addressed to his or her registered address
and placed in the mail not less than 30 nor more than 60 days prior to the date fixed for redemption. Such
notice shall specify the numbers of the Bonds called for redemption, the redemption date and the place
where the redemption amount will be payable, and in the case of Bonds to be redeemed in part only, such
notice shall specify the respective portion of the principal amount thereof to be redeemed. A notice of
optional redemption shall describe whether and the conditions under which the call for redemption shall be
revoked. If the Paying Agent shall hold funds sufficient for such redemption on the date fixed for
redemption and such notice shall have been given, the Bonds or the portion thereof thus called for
redemption shall not bear interest after the date fixed for redemption.
If less than all of the Bonds of any maturity are to be redeemed,the Paying Agent shall determine,
in its sole discretion in any manner deemed by it to be fair and equitable, the particular portions of such
maturity so to be redeemed. Any Bond shall be subject to redemption in part in a principal amount equal
to $5,000 or any integral multiple thereof.
In case of any optional redemption at the election of the District,the District shall, at least 45 days
prior to the redemption date fixed by the District(unless a shorter notice shall be satisfactory to the Paying
Agent) give written notice to the Paying Agent directing the Paying Agent to call Bonds for redemption
and give notice of redemption specifying the redemption date,the principal amount, and portions of Bonds
to be called for redemption, the applicable redemption price or prices and the provision or provisions of
this Bond Resolution pursuant to which such Bonds are to be called for redemption.
Section 7. Security for Bonds. The District agrees that it will collect all special assessments
levied against the property within the District and will cause the same to be set aside and constitute a sinking
fund for the payment of the interest on and principal of bonds and construction warrants of the District now
or hereafter issued and outstanding. The District further agrees that it will cause to be levied annually upon
all the taxable property in the District, a tax which, together with such sinking fund, will be sufficient to
meet the payment of interest on and principal of the Bonds and other bonds issued by the District, as such
interest and principal become due. The District hereby irrevocably pledges its full faith,credit and resources
and the taxing power of the District for the prompt payment of the principal and interest on the Bonds as
the same become due.
5
4860-6248-2777.1
The Clerk shall make and certify in duplicate a complete transcript and statement of all proceedings
had and done by the District precedent to the issuance of the Bonds, which shall be delivered to the
Purchaser. The Clerk shall cause the information filing required by Section 10-140, Reissue Revised
Statutes of Nebraska,as amended,with respect to the Bonds to be filed with the Auditor of Public Accounts,
as provided by law.
Section 8. Designation of Paying Agent. UMB Bank,N.A., West Des Moines, Iowa, is hereby
appointed as Paying Agent for the Bonds. The Chair and Clerk of this District are hereby authorized to
execute and deliver an agreement with said Paying Agent, setting forth the respective duties of the parties
in such form as the Chair and Clerk shall determine. The District agrees to pay the fees and expenses of
said Paying Agent, on or before any interest or principal payment date or any date upon which the Bonds
are to be redeemed. The District shall transfer to the Paying Agent funds sufficient to pay the principal and
interest due on such payment or redemption date and the Chair and Clerk then serving are hereby authorized
and directed,without further authorization or direction,to make such transfers of funds and draw warrants
upon the County Treasurer, as Treasurer of the District, in such amounts and at such times as shall be
necessary to provide to the Paying Agent funds sufficient for such purpose.
Section 9. Bond Form. The Bonds shall be in substantially the following form, with such
modifications as shall be necessary or advisable to comply with the terms of this Bond Resolution.
6
4860-6248-2777.1
UNITED STATES OF AMERICA
STATE OF NEBRASKA
SANITARY AND IMPROVEMENT DISTRICT NO. 600
OF DOUGLAS COUNTY,NEBRASKA
GENERAL OBLIGATION BOND
SERIES 2023
R- $
Interest Rate Maturity Date Date of Original Issue CUSIP
November 15, May 17,2023
[MATURITY]
Registered Owner: Cede& Co.
Principal Amount:
KNOW ALL MEN BY THESE PRESENTS: That Sanitary and Improvement District No. 600 of
Douglas County, Nebraska, being organized and existing under Chapter 31, Article 7, Reissue Revised
Statutes of Nebraska, as amended, (the "Act") hereby acknowledges itself to owe and for value received
promises to pay to the registered owner specified above,or registered assigns,on the maturity date specified
above(unless sooner redeemed),the principal amount specified above upon surrender of this bond, and to
pay interest on said amount from the date hereof to maturity or earlier redemption at the rate per annum
specified above, payable semi-annually on May 15 and November 15 of each year, commencing on
November 15, 2023. Said interest shall be computed on the basis of a 360-day year consisting of twelve
30-day months. The principal on this bond is payable upon presentation and surrender hereof at the
principal corporate trust office of UMB Bank,N.A.,West Des Moines,Iowa,as Paying Agent and Registrar
(the "Paying Agent"). Interest on this bond will be paid on each interest payment date by wire transfer,
check or draft mailed to the person in whose name this bond is registered on the books of the Paying Agent
at the close of business on the first day of the month in which an interest payment date occurs. Interest in
default shall be paid to the registered owner hereof as of any special record date designated by the Paying
Agent. The principal and interest on this bond are payable in lawful money of the United States of America;
7
4860-6248-2777.1
and for the prompt payment of such principal and interest,as the same become due,the full faith, credit and
resources of said District are hereby irrevocably pledged.
The bonds of the series of which this bond is one are subject to redemption as set forth in the Bond
Resolution.
Notice of redemption of this bond or any portion hereof shall be given by first class mail to the
registered owner addressed to his or her last registered address and placed in the mail not less than 30 days
no more than 60 days prior to the date fixed for redemption. If funds sufficient for such redemption shall
be held by the Paying Agent on the date fixed for redemption and such notice shall have been given, the
bonds or the portion thus called for redemption shall not bear interest after the date fixed for redemption.
This bond is one of an issue of bonds, all originally dated May 17, 2023 and of like tenor herewith
except as to amount,date of maturity,and rate of interest,in the total principal amount of$1,350,000 issued
by said District for the purpose of paying a portion of the cost of construction of certain public
improvements in and for the District, and the construction fund warrants issued in connection therewith in
strict compliance with the provisions of the Act; and the issuance of said bonds has been duly authorized
by proceedings duly had and a Bond Resolution duly passed and adopted by the Chair and Board of Trustees
of said District, and approved by the District Court of Douglas County,Nebraska in an action brought for
that purpose.
Special assessments have been levied upon the properties within the District, which special
assessments are valid liens against the respective lots and parcels of land upon which they have been levied.
The District agrees that it will collect said special assessments and that the same shall be set aside and
constitute a sinking fund for the payment of the interest on and principal of this bond and other bonds and
construction warrants of the District now or hereafter issued; and that the District will cause to be levied
annually upon all taxable property in said District a tax which, together with such sinking fund derived
from the special assessments, will be sufficient to meet the payments of interest on and principal of this
bond and other bonds of the District now or hereafter outstanding, as such principal and interest become
due.
8
4860-6248-2777.I
This bond is transferable by the registered owner or his or her attorney duly authorized in writing
at the principal office of the Paying Agent upon surrender and cancellation of this bond, and thereupon a
new bond(or bonds)in the same principal amount(or in any multiple of$5,000)and with the same interest
rate and maturity will be issued to the transferee as provided in the Bond Resolution. The District and
Paying Agent and any other person may treat the person in whose name this bond is registered as the
absolute owner thereof for the purpose of receiving payment and for all other purposes, and shall not be
affected by any notice to the contrary whether this bond be overdue or not.
This bond shall not be valid and binding on the District until authenticated by the Paying Agent in
the space herein below indicated.
AS PROVIDED IN THE BOND RESOLUTION REFERRED TO HEREIN, UNTIL THE
TERMINATION OF THE SYSTEM OF BOOK-ENTRY-ONLY TRANSFERS THROUGH THE
DEPOSITORY TRUST COMPANY,NEW YORK,NEW YORK, REFERRED TO HEREINAFTER AS
"DTC" TOGETHER WITH ANY SUCCESSOR SECURITIES DEPOSITORY APPOINTED
PURSUANT TO THE BOND RESOLUTION AND NOTWITHSTANDING ANY OTHER
PROVISIONS OF THE BOND RESOLUTION TO THE CONTRARY, A PORTION OF THE
PRINCIPAL AMOUNT OF THIS BOND MAY BE PAID OR REDEEMED WITHOUT SURRENDER
HEREOF TO THE PAYING AGENT. DTC, OR A NOMINEE, TRANSFEREE, OR ASSIGNEE OF
DTC OF THIS BOND MAY NOT RELY UPON THE PRINCIPAL AMOUNT INDICATED HEREON
AS THE PRINCIPAL AMOUNT OUTSTANDING AND UNPAID. THE PRINCIPAL AMOUNT
HEREOF OUTSTANDING AND UNPAID SHALL FOR ALL PURPOSES BE THE AMOUNT
DETERMINED IN THE MANNER PROVIDED IN THE BOND RESOLUTION.
UNLESS THIS BOND IS PRESEN I ED BY AN AUTHORIZED OFFICER OF DTC(A)TO THE
PAYING AGENT FOR REGIS['RATION OF TRANSFER OR EXCHANGE OR(B)TO THE PAYING
AGENT FOR PAYMENT OF PRINCIPAL, AND ANY BOND ISSUED IN REPLACEMENT HEREOF
OR SUBSTITUTION HEREOF IS REGISTERED IN THE NAME OF DTC AND ANY PAYMENT IS
MADE TO DTC OR ITS NOMINEE, ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR
VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL BECAUSE ONLY THE
REGISTERED OWNER HEREOF,DTC OR ITS NOMINEE,HAS AN INTEREST HEREIN.
IT IS HEREBY CERTIFIED AND WARRANTED that all conditions, acts and things required
by law to exist or to be done precedent to and in the issuance of this bond, did exist, did happen, and were
done and performed in regular and due form and time as required by law, and that the indebtedness of the
District including this bond, does not exceed any limitation imposed by law.
9
4860-6248-2777.1
IN WITNESS WHEREOF, Sanitary and Improvement District No. 600 of Douglas County,
Nebraska, has caused this bond to be executed on its behalf with the manual or facsimile signatures of its
Chair and Clerk, all as of the date specified above.
SANITARY AND IMPROVEMENT DISTRICT NO.
600 OF DOUGLAS COUNTY,NEBRASKA
By:
Chair
Al LEST:
Clerk
CERTIFICATE OF AUTHENTICATION
This bond is one of the bonds of the issue designated therein and issued under the provisions of the
Bond Resolution authorizing said issue.
UMB Bank,N.A.
West Des Moines, Iowa
By:
Authorized Signature
10
4860-6248-2777.1
ASSIGNMENT
For value received hereby sells, assigns and
transfers unto the within mentioned bond and
hereby irrevocably constitutes and appoints Attorney,to transfer the
same on the books of registration in the office of the within-mentioned Paying Agent with full power of
substitution in the premises.
Dated:
Registered Owner
Registered Owner
Witness:
NOTE: The signature of this assignment must correspond with the name as written on the face of
the within-mentioned bond in every particular,without alteration,enlargement or any change whatsoever.
11
4860-6248-2777.I
Section 10. Sale of Bonds. The Bonds shall be and are hereby sold to Piper Sandler& Co. (the
"Purchaser"), at a price equal to $1,323,000 (the "Purchase Price"), which represents the aggregate
principal amount of the Bonds, less a 2.00% underwriter's discount. The Purchase Price shall be paid to
the County Treasurer of Douglas County,Nebraska(the"Treasurer") and applied as provided herein.
Section 11. Use of Bond Proceeds. A portion of the Purchase Price in the amount of$1,256,550
along with cash from the District's Bond Fund in the amount of $17,610.31 shall be applied to the
redemption of the Refunded Warrants. The Treasurer shall apply $66,450 of the Purchase Price of the
Bonds to pay the cost of issuing the Bonds, allocated as follows:the payment of a municipal advisor fee to
Bluestem Capital Partners in the amount of$54,000,the payment of a bond counsel and disclosure counsel
fee to Kutak Rock LLP in the amount of$5,400,the payment of a district attorney fee to Fullenkamp Jobeun
Johnson & Beller LLP in the amount of$6,750 and the initial fee of the Paying Agent in the amount of
$300.
Section 12. Delivery of Bonds to Purchaser. Upon receipt by the Paying Agent of evidence
satisfactory to it that the Purchase Price for the Bonds has been paid to the Treasurer, said Paying Agent
shall deliver the Bonds to the Purchaser.
Section 13. Tax Covenants. The District covenants and agrees that:
(a) (i) it will comply with all applicable provisions of the Internal Revenue Code of
1986,as amended(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 Bonds and
(ii)it will not use or permit the use of any proceeds of the Bonds 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 Bonds. 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 Bonds will remain excluded
from federal gross income,to the extent any such actions can be taken by the District.
(b) (i) it will comply with all requirements of Section 148 of the Code to the extent
applicable to the Bonds, (ii) it will use the proceeds of the Bonds as soon as practicable and with
all reasonable dispatch for the purposes for which the Bonds are issued, and (iii) it will not invest
or directly or indirectly use or permit the use of any proceeds of the Bonds or any other funds of
the District in any manner, or take or omit to take any action, that would cause the Bonds to be
"arbitrage bonds"within the meaning of Section 148(a) of the Code.
(c) the public improvements refinanced by the proceeds of the Bonds are for essential
governmental functions and are designated to serve members of the general public on an equal
basis; that there are no persons with rights to use said infrastructure other than as members of the
general public;that ownership and operation of said improvements is with the District or another
political subdivision; that none of the proceeds of the Bonds will be loaned to any person and to
the extent that special assessments have been or are levied for any of said assets, 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 such public infrastructure in the District; that the development
of the land in the District is for residential or commercial use; that the development of the land in
the District for sale,lease and occupation by the general public is proceeding with reasonable speed;
and that the District hereby authorizes and directs the Chair or Clerk to file, when due, an
information reporting form pursuant to Section 149(e)of the Code pertaining to the Bonds.
12
4860-6248-2777.1
(d) it will not use any portion of the proceeds of the Bonds, including any investment
income earned on such proceeds, directly or indirectly, in a manner that would cause any Bond to
be a"private activity bond".
(e) 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 Bonds 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 Bonds are to be used
for local governmental activities of the District;
(iv) the aggregate face amount of all tax-exempt bonds (other than private
activity bonds) 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 bonds (including the Bonds but excluding private
activity bonds) 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 Bonds from gross income for federal tax purposes will not be adversely
affected thereby.
(f) The District hereby designates the Bonds as"qualified tax-exempt obligations"as
defined in Section 265(b)(3) of the Code. In connection therewith, the District hereby represents
that:
(i) the aggregate face amount of all tax-exempt obligations(other than private
activity bonds that are not"qualified 501(c)(3)bonds")which will be issued by the District
(and all subordinate entities thereof) during the current calendar year is not reasonably
expected to exceed$10,000,000; and
(ii) the District (including all subordinate entities thereof) will not issue an
aggregate principal amount of tax-exempt obligations (other than private activity bonds
that are not "qualified 501(c)(3) bonds") during the current calendar year, including the
Bonds, in excess of $10,000,000, without first obtaining an opinion of nationally
recognized counsel in the area of municipal finance that the designation of the Bonds as
"qualified tax-exempt obligations"will not be adversely affected.
The Chair and the Clerk are hereby authorized to take such other action as may be necessary to
make effective the designation in this subsection(f).
Section 14. Continuing Disclosure Undertaking. The District (a) authorizes and directs the
Chair of its Board(or if the Chair is unavailable, any member of the Board authorized to bind the District),
to execute and deliver, on the date of the issuance of the Bonds, a Continuing Disclosure Certificate (the
"Disclosure Certificate") in such form that satisfies the requirements of Rule 15c2-12 of the Securities
Exchange Act of 1934 and is acceptable to the Purchaser and Bond Counsel and (b) covenants that it will
13
4860-6248-2777.1
comply with and carry out all of the provisions of the Disclosure Certificate. Notwithstanding any other
provisions of this Bond Resolution,failure of the District to comply with the Disclosure Certificate will not
be considered a default under this Bond Resolution or the Bonds; however, any Bondholder or Beneficial
Owner may take such actions as may be necessary and appropriate, including seeking mandate or specific
performance by court order, to cause the District to comply with its obligations under this Section and the
Disclosure Certificate. For purposes of this Section,`Beneficial Owner"means any person who(i)has the
power, directly or indirectly, to vote or consent with respect to, or to dispose of ownership of, any Bonds
(including persons holding Bonds through nominees, depositories or other intermediaries),or(ii) is treated
as the owner of any Bonds for federal income tax purposes.
Section 15. [Reserved].
Section 16. Discharge. The District's obligations under this Bond Resolution shall be fully
discharged and satisfied as to the Bonds authorized and issued hereunder, and said Bonds shall no longer
be deemed outstanding hereunder when payment of the principal of the Bonds and accrued interest thereon
to the date of maturity or redemption thereof, (a)shall have been made, or caused to have been made, in
accordance with the terms hereof; or(b) shall have been provided for by depositing with the Paying Agent,
or in escrow with a national or state bank having trust powers in trust solely for such payment of the Bonds
(i) sufficient monies to make such payments;or(ii)direct general obligations of;or obligations the principal
and interest of which are unconditionally guaranteed by, the United States of America (herein referred to
as "Government Obligations"), in such amounts and with such maturities as to principal and interest as
will insure the availability of sufficient monies to make such payments,and the Bonds shall thereupon cease
to draw interest from the date fixed for their redemption or maturity and, except for the purposes of such
payment, shall no longer be entitled to the benefits of this Bond Resolution; provided that with respect to
any Bonds called or to be called for redemption prior to the stated maturity thereof, notice of redemption
shall have been duly given. If monies or Government Obligations shall have been deposited in accordance
with the terms hereof with the Paying Agent or escrow agent in trust for that purpose sufficient to pay the
principal of such Bonds, and all interest due thereon to the due date thereof or to the date fixed for the
redemption thereof, all liability of the District for such payment shall forthwith cease, determine and be
completely discharged, and the Bonds shall no longer be considered outstanding.
Section 17. Execution and Delivery; Additional Authorization. Without in any way limiting
the power, authority, or discretion elsewhere herein granted or delegated, the Board hereby(a) authorizes
and directs each of the Chair and Clerk and all agents of the District to carry out, or cause to be carried out,
and to perform such obligations of the District and such other actions as they, or any one of them shall
consider necessary, advisable, desirable, or appropriate in connection with this Bond Resolution and the
issuance, sale, and delivery of the Bonds, including, without limitation and whenever applicable, the
execution and delivery thereof and of all other related documents, instruments, certificates, and opinions;
and (b)delegates, authorizes, and directs to the Chair and the Clerk the right, power, and authority to
exercise her or his own independent judgment and absolute discretion in determining and finalizing the
terms,provisions, form and contents of each of the foregoing. The execution and delivery by the Chair or
the Clerk or by any other officer, officers, agent, or agents of the District of any such documents,
instruments, certifications, and opinions, or the doing by them of any act in connection with any of the
matters which are the subject of this Bond Resolution, shall constitute conclusive evidence of both the
District's and their approval of all changes, modifications, amendments, revisions, and alterations made
therein,and shall conclusively establish their absolute,unconditional,and irrevocable authority with respect
thereto from the District and the authorization, approval, and ratification by the District of the documents,
instruments,certifications,and opinions so executed and the action so taken.
Section 18. Severable. If any one or more of the provisions of this Bond Resolution should be
determined by a court of competent jurisdiction to be contrary to law,then such provisions shall be deemed
14
4860-6248-2777.1
severable from the remaining provisions of this Bond Resolution and the invalidity thereof shall in no way
affect the validity of the other provisions of this Bond Resolution or of the Bonds and the owners of the
Bonds shall retain all the rights and benefits accorded to them under this Bond Resolution and under any
applicable provisions of law.
If any provision of this Bond Resolution shall be held or deemed to be or shall, in fact, be
inoperative or unenforceable or invalid in any particular case in any jurisdiction or jurisdictions, or in all
cases because it conflicts with any constitution or statute or rule of public policy, or for any other reason,
such circumstances shall not have the effect of rendering the provision in question inoperative or
unenforceable or invalid in any other case or circumstance,or of rendering any other provision or provisions
herein contained inoperative or unenforceable or invalid to any extent whatever.
Section 19. Post Issuance Tax Compliance. The District hereby adopts the Post-Issuance Tax
Compliance Procedures attached to this Bond Resolution as Exhibit A to ensure that all applicable
post-issuance requirements of federal income tax law needed to preserve the tax-exempt status of the Bonds
are met. The District reserves the right to use its discretion as necessary and appropriate to make exceptions
or request additional provisions as it may determine. The District also reserves the right to change these
policies and procedures from time to time,without notice.
Section 20. District Court Action. The Attorney for the District is hereby directed to file this
Bond Resolution in the District Court of Douglas County, Nebraska and request approval of the issuance
of the Bonds, as provided by law. This Bond Resolution shall be in full force and effect from and after its
adoption. The Bonds issued according to this Bond Resolution shall not be valid and binding on the District
until approved by such District Court.
Section 21. Amendments to this Resolution. The terms and provisions of this Bond Resolution
do and shall constitute a contract between the District and the registered owner or registered owners of the
Bonds and no changes, variations or alterations of any kind, except for changes necessary to cure any
ambiguity, formal defect or omission, or any changes that in the opinion of bond counsel will not have a
material adverse effect on the holders of the Bonds, shall be made to this Bond Resolution without the
written consent of the registered owners of two thirds (2/3rds) in principal amount of the Bonds then
outstanding, provided, however, that neither the principal and interest to be paid upon any Bond nor the
maturity date of any Bond shall be changed without the written consent of the holders of all such Bonds
then outstanding. The Paying Agent or any registered owner of a Bond may by mandamus or other
appropriate action or proceedings at law or in equity in any court of competent jurisdiction enforce and
compel performance of this Bond Resolution and every provision and covenant hereof.
[Signature Page to Follow]
15
4860-6248-2777,1
ADOP 1 ED this day of ,2023.
SANITARY AND IMPROVEMENT DISTRICT
NO. 600 F DOUGLAS OUNTY,NEBRASKA
By:
C air
Al 1 EST:
Clerk
4860-6248-2777.I
EXHIBIT A
POST-ISSUANCE TAX COMPLIANCE PROCEDURES
General
In connection with the issuance of the Bonds,the District will execute a federal tax certificate(the
"Tax Certificate") that describes the requirements and provisions of the Code that must be followed in
order to maintain the tax exempt status of interest on such bonds. In addition, the Tax Certificate will
contain the reasonable expectations of the District at the time of issuance of the Bonds with respect to the
use of the gross proceeds of such bonds and the assets to be financed or refinanced with the proceeds
thereof. These Procedures supplement and support the covenants and representations made by the District
in the Tax Certificate related to the Bonds. In order to comply with the covenants and representations set
forth in the Bond Resolution and in the Tax Certificate, the District tracks and monitors the actual use of
the proceeds of the Bonds,the investment and expenditure of the Bond proceeds and the assets financed or
refinanced with the proceeds of such bonds over their life.
Designation of Responsible Person
The Clerk of the District shall maintain an inventory of Bonds and assets financed or refinanced
which contains the pertinent data to satisfy the District's monitoring responsibilities. Any transfer, sale or
other disposition of bond-financed assets must be reviewed and approved by the Board of Trustees of the
District.
Post-Issuance Compliance Requirements
External Advisors/Documentation
The District shall consult with bond counsel and other legal counsel and advisors, as needed,
throughout the bond issuance process to identify requirements and to establish procedures necessary or
appropriate so that the Bonds will continue to qualify for tax-exempt status. Those requirements and
procedures shall be documented in the Tax Certificate and/or other documents finalized at or before
issuance of the Bonds. Those requirements and procedures shall include future compliance with applicable
arbitrage rebate requirements and all other applicable post-issuance requirements of federal tax law
throughout(and in some cases beyond)the term of the Bonds.
The District also shall consult with bond counsel and other legal counsel and advisors, as needed,
following issuance of the Bonds to ensure that all applicable post-issuance requirements in fact are met.
This shall include, without limitation, consultation in connection with future contracts with respect to the
use of bond-financed or refinanced assets.
The District shall train and employ or otherwise engage expert advisors (a "Rebate Analyst")to
assist in the calculation of arbitrage rebate payable in respect of the investment of Bonds proceeds, unless
the Tax Certificate documents provide that arbitrage rebate will not be applicable to the Bonds.
Unless otherwise provided by the Bond Resolution or other authorizing documents relating to the
Bonds, unexpended bond proceeds shall be held in a segregated account by a trustee, treasurer or paying
agent(the "Agent"), and the investment of bond proceeds shall be managed by the District. The District
shall prepare (or cause the Agent to prepare) regular, periodic statements regarding the investments and
transactions involving bond proceeds.
4860-6248-2777.1
Arbitrage Rebate and Yield
Unless the Tax Certificate documents provide that arbitrage rebate will not be applicable to the Bonds,
the District shall be responsible for:
• engaging the services of a Rebate Analyst and, prior to each rebate calculation date, causing the
Agent to deliver periodic statements concerning the investment of bond proceeds to the Rebate
Analyst;
• providing to the Rebate Analyst additional documents and information reasonably requested by the
Rebate Analyst;
• monitoring efforts of the Rebate Analyst;
• assuring payment of required rebate amounts, if any, no later than 60 days after each 5-year
anniversary of the issue date of the Bonds,and no later than 60 days after the last Bond is redeemed;
• during the construction period of each capital project financed in whole or in part by the Bonds,
monitoring the investment and expenditure of bond proceeds and consulting with the Rebate
Analyst to determine compliance with any applicable exceptions from the arbitrage rebate
requirements during each 6-month spending period up to 6 months, 18 months or 24 months, as
applicable,following the issue date of the Bonds; and
• retaining copies of all arbitrage reports and account statements as described below under"Record
Keeping Requirements."
The District, in the Tax Certificate and/or other documents finalized at or before the issuance of the
Bonds, has agreed to undertake the tasks listed above (unless the Tax Certificate documents provide that
arbitrage rebate will not be applicable to an issue of the Bonds).
Use of Bond Proceeds and Bond-Financed or Refinanced Assets:
The District shall be responsible for:
• monitoring the use of bond proceeds and the use of bond-financed or refinanced assets (e.g.,
facilities, furnishings or equipment) throughout the term of the Bonds to ensure compliance with
covenants and restrictions set forth in the Tax Certificate;
• maintaining records identifying the assets or portion of assets that are financed or refinanced with
proceeds of the Bonds, including a final allocation of proceeds as described below under"Record
Keeping Requirements";
• consulting with bond counsel and other legal counsel and advisors in the review of any contracts
or arrangements involving use of bond-financed or refinanced assets to ensure compliance with all
covenants and restrictions set forth in the Tax Certificate;
• maintaining records for any contracts or arrangements involving the use of bond-financed or
refinanced assets as described below under"Record Keeping Requirements";
A-2
4860-6248-2777.I
• conferring at least annually with personnel responsible for bond-financed or refinanced assets to
identify and discuss any existing or planned use of bond-financed or refinanced assets, to ensure
that those uses are consistent with all covenants and restrictions set forth in the Tax Certificate; and
• to the extent that the District discovers that any applicable tax restrictions regarding use of bond
proceeds and bond-financed or refinanced assets will or may be violated, consulting promptly with
bond counsel and other legal counsel and advisors to determine a course of action to remediate all
nonqualified bonds, if such counsel advises that a remedial action is necessary.
The District, in the Tax Certificate and/or other documents finalized at or before the issuance of
the Bonds, has agreed to undertake the tasks listed above.
All relevant records and contracts shall be maintained as described below.
Record Keeping Requirement
The District shall be responsible for maintaining the following documents for the term of the Bonds
(including refunding bonds, if any)plus at least three years:
• a copy of the closing transcript(s) and other relevant documentation delivered to the District at or
in connection with closing of the issue of the Bonds, including any elections made by the District
in connection therewith;
• a copy of all material documents relating to capital expenditures financed or refmanced by bond
proceeds, including (without limitation) construction contracts, purchase orders, invoices,
requisitions and payment records, draw requests for bond proceeds and evidence as to the amount
and date for each draw down of bond proceeds, as well as documents relating to costs paid or
reimbursed with bond proceeds and records identifying the assets or portion of assets that are
financed or refinanced with bond proceeds, including a final allocation of bond proceeds;
• a copy of all contracts and arrangements involving the use of bond-financed or refinanced assets;
• copies of all Agent statements and reports, including arbitrage reports,prepared with respect to the
Bonds; and
• a copy of all records of investments, investment agreements, arbitrage reports and underlying
documents,including Agent statements, in connection with any investment agreements, and copies
of all bidding documents, if any.
A-3
4860-6248-2777.1
SANITARY AND IMPROVEMENT DISTRICT NO. 600
OF DOUGLAS COUNTY,NEBRASKA
EVERT PLACE
Formed 6/12/2019
12/1 - int
BCP 2.50% -FA
**Agenda ahead ** Election
Lutz- acct
E &A-eng
DOC CI 19 NO 4724
TRUSTEES: Piper Sandler& Co -UW 2.00%
John Birge
Jeff Johannesmeyer, Chairman and Compliance Officer
Chris Hoegemeyer
Mike Kriha
Mike Moravec, Clerk
2022/2023 Valuation $3,150,600 Growth $ -0-
General $28,355.40 $0.90000
Bond $ - 0 - $ - 0 -
Total $28,355.40 $0.90000
AGENDA
Sanitary and Improvement District No. 600 of Douglas County, Nebraska; Meeting to be
held on April 5,2023 at 9:30 a.m. at 1414 North 205"' Street#1, Omaha,Nebraska
1. Call to Order and Roll Call.
2. Present Open Meetings Act. •
3. Present Bluestem Capital's Financial Snapshot.
4. Present statements, vote on and approve payment from the Construction Fund Account of the
District for the following:
a)E &A Consulting Group for engineering services in connection
with Sanitary Sewer—Section 1 and II, Storm Sewer- Section 1 and
II, Paving - Section 1 and II, Sidewalk Improvements—Section 1
and II and Outfall Sewer—Section
I. (#164781) $44,372.75
b) SID Services LLC for dissemination and paying agent and registrar
annual fees from July 1, 2022 to June 30, 2023. (#610, 773) $1,275.00
c) Bluestem Capital Partners for advisor fees for Construction
Fund warrants issued at this meeting. (2.50%) $1,141.19
d) Piper/Sandler& Co. for underwriting fees for the Construction
Fund warrants issued at this meeting. (2%) $935.78
Total $47,724.72
5. Present statements, vote on and approve payment from the General Fund Account of the
District for the following:
a)E &A Consulting Group for engineering services.
(#164158, 164636, 165005, 165398, 165815) $7,477.11
b) Lutz & Company PC for completion of audit and IRS forms.
(#320626, 322209) $4,480.00
c) Commercial Seeding Contractors for cleaning SWPPP
inlet filters. (#27650, 27683) $1,362.50
d) SID Services LLC for paying agent and registrar annual fees
for July 1, 2022 to June 30, 2023. (688) $1,000.00
e) Bluestem Capital Partners for advisor fees for General
Fund warrants issued at this meeting. (2.50%) $357.99
f) Piper/Sandler& Co. for underwriting fees for the General Fund
warrants issued at this meeting. (2%) $293.55
Total $14,971.15
6. Present$1,350,000 General Obligation Bond Issue, vote an and approve same.
7. Various other items pertaining to the District.