LEGAL NOTICE LOWER PROVIDENCE TOWNSHIP MONTGOMERY COUNTY, PENNSYLVANIA NOTICE IS HEREBY GIVEN that the Board of Supervisors (the “Board”) of Lower Providence Township, Montgomery County, Pennsylvania (the “Township”), at a meeting duly held on December 4, 2025, enacted an ordinance (the “Ordinance”) authorizing, among other things, the incurrence of non-electoral indebtedness by the issuance of the Township’s General Obligation Bonds, in the principal amount of $7,970,000. The approved indebtedness shall be evidenced by this issuance of the Township’s General Obligation Bonds, Series of 2026. The caption and summary of the Ordinance enacted by the Board at such meeting is as follows: AN ORDINANCE OF THE LOWER PROVIDENCE TOWNSHIP BOARD OF SUPERVISORS, MONTGOMERY COUNTY, PENNSYLVANIA (THE “TOWNSHIP”) PURSUANT TO THE ACT OF THE GENERAL ASSEMBLY OF THE COMMONWEALTH OF PENNSYLVANIA, KNOWN AS THE LOCAL GOVERNMENT UNIT DEBT ACT, 53 Pa. C.S. Chs. 80-82 (THE “DEBT ACT”); SETTING FORTH ITS INTENTION TO AUTHORIZE AND DIRECT THE INCURRENCE OF NON-ELECTORAL DEBT THROUGH THE ISSUANCE OF ITS GENERAL OBLIGATION BONDS, SERIES OF 2026 IN THE AGGREGATE PRINCIPAL AMOUNT OF $7,970,000 (THE “BONDS”) FOR THE PURPOSE OF PROVIDING FUNDS TO FINANCE (I) THE CONSTRUCTION, DEVELOPMENT AND DESIGN OF REAL PROPERTY FOR USE AS THE TOWNSHIP’S NEW MUNICIPAL BUILDING AND VARIOUS OTHER CAPITAL IMPROVEMENTS, AND (II) THE PAYMENT OF THE COSTS OF ISSUANCE ON THE BONDS (COLLECTIVELY, THE “PROJECT”); MAKING CERTAIN FINDINGS AND DETERMINATIONS IN CONNECTION WITH THE PROJECT; FINDING THAT A PRIVATE INVITED SALE OF THE BONDS IS IN THE BEST FINANCIAL INTEREST IN THE TOWNSHIP AND ACCEPTING A PROPOSAL FOR THE PURCHASE OF THE BONDS; PROVIDING FOR THE MANNER OF EXECUTION AND OTHER PROVISIONS OF THE BONDS; APPOINTING A PAYING AGENT; COVENANTING TO BUDGET IN EACH FISCAL YEAR WHEN DUE; PLEDGING THE FULL FAITH, CREDIT AND TAXING POWER OF THE TOWNSHIP FOR THE TIMELY PAYMENT OF DEBT SERVICE ON THE BONDS; ESTABLISHING A SINKING FUND AND PROVIDING FOR PAYMENT OF THE BONDS THEREFROM; DIRECTING THE DEPOSIT OF THE PROCEEDS OF THE BONDS; AUTHORIZING AND DIRECTING THE PREPARATION, VERIFICATION AND FILING OF A DEBT STATEMENT, BORROWING BASE CERTIFICATE AND RELATED MATERIAL WITH THE PENNSYLVANIA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT TOGETHER WITH AN APPLICATION BY THE TOWNSHIP FOR THE APPROVAL OF THE INCURRENCE OF SUCH NON-ELECTORAL DEBT AND ISSUANCE OF THE BONDS; MAKING CERTAIN COVENANTS WITH RESPECT TO THE BONDS RELATING TO FEDERAL TAX AND SECURITIES LAWS; AUTHORIZING AND DIRECTING THE EXECUTION AND DELIVERY OF THE BONDS, AND SUCH OTHER DOCUMENTS AS MAY BE NECESSARY OR ADVISABLE IN CONNECTION WITH THE ISSUANCE OF THE BONDS, UPON THE APPROVAL OF PENNSYLVANIA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT; DIRECTING THE PROPER OFFICERS AND OFFICIALS OF THE TOWNSHIP TO DO ALL THINGS NECESSARY TO CARRY OUT SUCH ORDINANCE; AND RESCINDING ALL INCONSISTENT ORDINANCES. NOTICE IS ALSO GIVEN that the Ordinance as enacted reflects the acceptance by the Board of a bond purchase proposal submitted by FHN Financial Capital Markets (the “Bond Proposal”), and the terms and conditions of the Bond Proposal, which are incorporated into the Ordinance. Interest rates on the Bonds will not exceed 5.000%. The purchase price for the Bonds is $8,053,319.50, which price includes a premium of $169,342.10 and an underwriter’s discount of $86,022.60. NOTICE IS ALSO GIVEN that the Board amended the form of the Ordinance prior to its adoption to reduce the principal amount of the Bonds from $8,050,000 to $7,970,000. The final form of the Ordinance as enacted, together with the form of the Bond Proposal as accepted by the Township may be examined by any member of the public at the Lower Providence Township Administration Building, 100 Parklane Drive, Eagleville, Pennsylvania, on any business day between the hours of 8:00 A.M. and 5:00 P.M or on the Township website at https://www.lowerprovidence.org/. This Notice is given in accordance with the requirements of Section 8003 of the Local Government Unit Debt Act, as amended, of the Commonwealth of Pennsylvania. BOARD OF SUPERVISORS LOWER PROVIDENCE TOWNSHIP E.J. Mentry, Township Manager Michael Clarke, Esquire, Township Solicitor NTH Dec 10 a-1
