Common Council Regular Meeting Agenda (PDF)

COMMON COUNCIL MEETING AGENDA AUGUST 18, 2026 7:00 P.M. Common Council Chambers 8040 S. 6TH Street Oak Creek, WI 53154 (414) 766-7000 Daniel Bukiewicz - Mayor Alicia Haase – 1st District Greg Loreck – 2nd District James Ruetz – 3rd District Lisa Marshall – 4th District Kenneth Gehl – 5th District Chris Guzikowski – 6th District The City’s Vision Oak Creek: A dynamic regional leader driving the future of the south shore. Visit our website at www.oakcreekwi.gov for the agenda and accompanying common council reports. This meeting will be live streamed on the City of Oak Creek YouTube page via http://ocwi.org/livestream. 1. Call Meeting to Order / Roll Call 2. Pledge of Allegiance. 3. Approval of Minutes: 7/21/26. New Business PUBLIC WORKS AND UTILITY 4. Resolution: Consider Resolution 12715-081826, a Resolution Authorizing the Issuance and Sale of up to $56,934,626 Waterworks System Revenue Bonds, Series 2026, and Providing for Other Details and Covenants With Respect Thereto, and Approval of Related Financial Assistance Agreement (by Committee of the Whole). FINANCE 5. Annual Tax Increment District (TID) Review Presentation. ADMINISTRATION 6. Motion: Consider a motion to accept the Community Partnership Agreement between the City of Oak Creek and Buc-ee’s, Oak Creek (5th District). 7. Motion: Consider a motion to award the RFP for an Organizational and Operational Assessment (multiple City functions) to MGT Impact Solutions LLC (“MGT”) in an amount not to exceed $75,000 (by Committee of the Whole). COMMUNITY DEVELOPMENT 8. Resolution: Consider Resolution No. 12709-081826, approving Project Plan Amendment No. 4 for Tax Incremental District No. 11, City of Oak Creek, Milwaukee County, Wisconsin (2nd District). August 18, 2026 Council Meeting 2 9. Resolution: Consider Resolution No. 12710-081826, approving Project Plan Amendment No. 2 for Tax Incremental District No. 12, City of Oak Creek, Milwaukee County, Wisconsin. (1st and 2nd Districts). 10. Resolution: Consider Resolution No. 12711-081826, approving territory subtractions/addition and Project Plan Amendment No. 1 for Tax Incremental District No. 15, City of Oak Creek, Milwaukee County, Wisconsin (1st District). 11. Resolution: Consider Resolution No. 12712-081826, approving a Certified Survey Map reconfiguring the properties located at 7502 and 7512 South Howell Avenue (Tax Key Nos. 781- 9034-000 and 781-9033-000) (1st Aldermanic District) 12. Resolution: Consider Resolution 12716,081826, approving the Final Plat for Edgemont Estates Subdivision located at 10670 South Nicholson Road (Tax Key No. 958-9995-006) (5th District). ENGINEERING 13. Resolution: Consider Resolution No. 12717-081826, approving the Creek Two Spec Building Infrastructure Development Agreement (5th District). 14. Resolution: Consider Resolution No. 12718-081826, approving Jurisdictional Transfer 388 Pertaining to West Elm Road (5th District). 15. Resolution: Consider Resolution No. 12719-081826, approving Extended Working Hours to Super Excavators, Inc., for the MMSD Oak Creek Southwest MIS Extension Project (5th District). 16. Resolution: Consider Resolution No. 12720-081826, accepting the land donation at the property located at 2500 West Drexel Avenue from OC Land Holdings, LLC (2nd District). LICENSE COMMITTEE 17. Motion: Consider a motion to approve the various license requests as listed on the 8/18/26 License Committee Report (by Committee of the Whole). VENDOR SUMMARY 18. Motion: Consider a motion to approve the July 29, 2026, Vendor Summary Report in the amount of $455,684.54 (by Committee of the Whole). 19. Motion: Consider a motion to approve the August 12, 2026, Vendor Summary Report in the amount of $1,840,548.65 (by Committee of the Whole). August 18, 2026 Council Meeting 3 MISCELLANEOUS 20. Motion: Consider a motion to convene into closed session pursuant to Wisconsin State Statutes, Section 19.85, to discuss the following: (a) Section 19.85(1)(e) Wis. Stats. to deliberate and consider possible terms and provisions of a potential amendment to the finance development agreement between the City of Oak Creek and OC 27 LLC relating to potential commercial and residential development, for market competition and bargaining reasons, and the investing of public funds, that includes the property consisting of approximately 115 acres north of West Drexel Avenue and east of South 27th Street. 21. Motion: Consider a motion to reconvene into open session. 22. Motion: Consider a motion to take action, if required. Adjournment. Next Common Council Meetings: 9/1/26 and 9/15/26. Public Notice Upon reasonable notice, a good faith effort will be made to accommodate the needs of disabled individuals through sign language interpreters or other auxiliary aid at no cost to the individual to participate in public meetings. Due to the difficulty in finding interpreters, requests should be made as far in advance as possible preferably a minimum of 48 hours. For additional information or to request this service, contact the Oak Creek City Clerk at 414-766-7000, by fax at 414-766-7976, or by mail at 8040 S. 6th Street, Oak Creek, Wisconsin 53154. It is possible that members of and possibly a quorum of members of other governmental bodies of the municipality may attend the above-stated meeting to gather information; no action will be taken by any governmental body at the above-stated meeting other than the governmental body specifically referred to above in this notice. OAKCREEK Meeting Date: August 18,2026 - wtscoNstN - COMMON COUNCIL REPORT Item No. + Item: Recommendation: Resolution No. 12715-081826, a Resolution Authorizing the lssuance and Sale of Up to 956,934,626 Waterworks System Revenue Bonds, Series, and Providing for Other Details and Covenants with Respect Thereto, and Approval of Related Financial Assistance Agreement. That the Common Council adopts Resolution No. 12715-081826, a Resolution Authorizing the lssuance and Sale of Up to $5ó,934,ó2ó Waterworks System Revenue Bonds, Series, and Providing for Other Details and Covenants with Respect Thereto, and Approval of Related Financial Assistance Agreement. (Project No. 22118)(All Aldermanic Districts) Fiscal lmpact All debt service will be paid by Water Utility revenues. Critical Success Factor(s): n Active, Vibrant, and Engaged Community X Financial Stability and Resiliency n Thoughtful Growth and Prosperous Local Economy n Clean, Safe, and Welcoming fi lnspired, Aligned, and Proactive City Organization [l Quality lnfrastructure, Amenities, and Services n Not Applicable Background: The Underground Facilities Rehabilitation project (UFR), which focuses on addressing deficiencies identified by the Wisconsin Department of Natural Resources (WDNR), has been awarded for construction to C.D. Smith Construction, lnc. at a cost of $49,565,000. The primary issues to be corrected by the project involve the underground chlorine contact tank and the high-lift clear well, both of which are located below the groundwater elevation. Deficiencies associated with the chlorine contact tank include venting concerns, overflow limitations, and buried suction lines that lack continuous pressure. The selected alternative includes construction of an above-ground storage tank, an intermediate pump station with UV treatment, and a new high-lift pump station. The project will also construct new electrical components for the pumping needs and a new fluoride room. Approval of the Resolution No. 12715-081826 will allow the Utility to finance the UFR project through the Wisconsin Department of Natural Resources Safe Drinking Water Loan Program (SDWLP). The resolution authorizes the City to borrow up to $56,934,626 for project costs, including legal, fiscal, engineering, and other related expenses. The bonds would be sold to the SDWLP at par through the related Financial Assistance Agreement. The SDWLP requires bond proceeds to be deposited into a segregated fund and be used solely to pay eligible project costs. The SDWLP also requires that funds received from the State be disbursed within three business days and not invested in an interest-bearing account. The SDLWP loan bears a fixed interest rate at 2.365% per annum, with interest calculated on amounts actually drawn. Debt service payments commence on May 1,2027 and are interest-only until May 1,2029. The average debt service payment will be approximately $3.9 million annually from May 1,2029 to the final maturity on May 1,2046. Lastly, the SDWLP loan also requires a minimum debt service coverage ratio of 1.10x, meaning the Water Utility must maintain net revenues equal to at least 110% of annual debt service requirements. The SDWLP provides a favorable funding source for the Utility's UFR project as the fixed interest rate of 2.365% is advantageous relative to many conventional long-term borrowing alternatives and provides predictable financing costs over the life of the issue. The financing does not place the City's general obligation credit or statutory debt capacity at risk because repayment is limited to Water Utility revenues. However, the size of the borrowing is significant and will require the Utility to file a conventional rate case with the Public Service Commission (PSC) shortly after the project is complete d in 2Q29. Staff will also need to complete continued monitoring of utility revenues, rate sufficiency, debt coverage, and capital planning over the repayment period. Staff will continue to evaluate the Water Utility's long-term financial plan and will incorporate the Series 2026 debt service into future budget and rate-setting discussions. Options/Alternatives: The Common Council could choose a different means to finance the UFR project, however, the conventional long-term borrowing alternatives will have a significantly higher interest rate than the SDWLP. Respectfully Submitted: Andrew J. Vickers, MPA City Administrator Fiscal Review: trl4,,ttl MaxwellGagin, MPA Deputy City Administrator / Finance Officer Prepared: ß..1¿rb Brian L. Johnston, Pt Director of Utilities + Attachments: - Resolution No. 12715 -081826 - Financial Assistance Agreement RESOLUTION NO. 127 I 5.08T826 RESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF UP TO $56,93 4,626 WATERV/ORKS SYSTEM REVENUE BONDS, SERIES 2026, AND PROVIDING FOR OTHER DETAILS AND COVENANTS WITH RESPECT THERETO, AND APPROVAL OF RELATED FINANCIAL ASSISTANCE AGREEMENT WHEREAS, the City of Oak Creek, Milwaukee County, Wisconsin (the "Municipality") owns and operates a waterworks system (the "System") which is operated for a public purpose as a public utility by the Municipality; and WHEREAS, pursuant to a resolution adopted by the Governing Body on October 15, 1991 (the '1991Resolution"), as previously amended and supplemented and fuither amended and supplemented by a resolution adopted by the Governing Body on September 15,2020 (collectively, with the 1991 Resolution, the "Senior Resolution"), the Municipality has heretofore issued its Taxable Waterworks System Revenue Refunding Bonds, Series 2020F, dated November 18,2020 (the "Senior Bonds"), which are payable from the income and revenues of the System; and WHEREAS, pursuant to a resolution adopted by the Governing Body on December 15, 2009 (the '2010 Resolution"), the Municipality has heretofore issued its Waterworks System Revenue Bonds, Series 2010, dated January 13,2010 (the "2010 Bonds"), which are payable from the income and revenues of the System on a basis junior and subordinate to the Senior Bonds; and WHEREAS, pursuant to a resolution adopted by the Governing Body on November 15, 2011 (the '2011Resolution"), the Municipality has heretofore issued its Waterworks System Revenue Bonds, Series 2011, dated November 23,2011 (the "2017 Bonds"), which are payable from the income and revenues of the System on a basis junior and subordinate to the Senior Bonds and on apanty with the 2010 Bonds; and WHEREAS, pursuant to a resolution adopted by the Governing Body on April 16,2013 (the "2013 Resolution"), the Municipality has heretofore issued its Waterworks System Revenue Bonds, Series 2013, dated May 8, 2013 (the "2013 Bonds"), which are payable from the income and revenues of the System on a basis junior and subordinate to the Senior Bonds and on apanty with the 2010 Bonds and the 2011 Bonds; and WHEREAS, pursuant to a resolution adopted by the Governing Body on May 20,2014 (the"2014 Resolution"), the Municipality has heretofore issued its Waterworks System Revenue Bonds, Series 2014, dated lilay 28,2014 (the'2014 Bonds"), which are payable from the income and revenues of the System on a basis junior and subordinate to the Senior Bonds and on apanty with the 2010 Bonds, the 201I Bonds and the 2013 Bonds; and V/HEREAS, the 2010 Bonds, the 2011 Bonds, the20l3 Bonds and the 2014 Bonds shall collectively be referred to as the "Prior Bonds"; and QB\10373 1576.1 WHEREAS, the 2010 Resolution, the2011 Resolution, the 2013 Resolution andthe2014 Resolution shall collectively be referred to as the "Prior Resolutions"; and WHEREAS, certain improvements to the System are necessary to meet the needs of the Municipality and the residents thereof, consisting of the construction of a project (the "Project") assigned Safe Drinking Water Loan Program Project No. 4869-08 by the Department of Natural Resources, and as described in the Department of Natural Resources approval letter for the plans and specifications of the Project, or portions thereof, issued under Section 281.41, Wisconsin Statutes, assigned No. W-2025-0509 and dated July 24,2025by the DNR; and WHEREAS, under the provisions of Chapter 66, 'Wisconsin Statutes any municipality may, by action of its governing body, provide for purchasing, acquiring, constructing, extending, adding to, improving, operating and managing a public utility from the proceeds of bonds, which bonds are to be payable only from the revenues received from any source by such utility, including all rentals and fees; and V/HEREAS, the Municipality deems it to be necessary, desirable and in its best interest to authorize and sell waterworks system revenue bonds of the Municipality payable solely from the revenues of the System, pursuant to the provisions of Section 66.0621, Wisconsin Statutes, to pay the cost of the Project; and WHEREAS, the Prior Resolutions permit the issuance of additional bonds on a parity with the Prior Bonds upon certain conditions, and those conditions have been met; and WHEREAS, other than the Senior Bonds and the Prior Bonds, no bonds or obligations payable from the revenues of the System are now outstanding. NO'W, THEREFORE, be it resolved by the Governing Body of the Municipality that: Section 1. Definitions. The following terms shall have the following meanings in this Resolution unless the text expressly or by implication requires otherwise: (a) rrActrt means Section 66.0621, Wisconsin Statutes; (b) "Bond Registrar" means the Municipal Treasurer which shall act as Paying Agent for the Bonds; (c) "Bonds" means the $56,934,626Waterworks System Revenue Bonds, Series 2026, of the Municipality dated their date of issuance, authonzed to be issued by this Resolution; (d) "Bond Year" means the twelve-month period ending on each May 1; (e) "Current Expenses" moans the reasonable and necessary costs of operating, maintaining, administering and repairing the System, including salaries, wages, costs of materials and supplies, insurance and audits, but shall exclude depreciation, debt service, tax equivalents and capital expenditures; -2- QB\10373 1576.1 (Ð "Debt Service Fund" means the Waterworks System Special Redemption Fund of the Municipality, which shall be the "special redemption fund" as such term is defined in the Act; (g) "Financial Assistance Agreement" means the Financial Assistance Agreement by and between the State of 'Wisconsin by the Department of Natural Resources and the Department of Administration and the Municipality pursuant to which the Bonds are to be issued and sold to the State, substantially in the form attached hereto and incorporated herein by this reference; (h) "Fiscal Year" means the twelve-month period ending on each December 31; (i) "Goveming Body" means the Common Council, or such other body as may hereafter be the chief legislative body of the Municipality; CI) "Gross Earnings" means the gross earnings of the System, including earnings of the System derived from water charges imposed by the Municipality, all payments to the Municipality under any service agreements between the Municipality and any contract users of the System, and any other monies received from any source including all rentals and fees, any tax incremental district revenues or other revenues of the Municipality appropriated by the Governing Body to the System pursuant to Section 9, and any special assessments levied and collected in connection with the Project; (k) "Municipal Treasurer" means the Treasurer of the Municipality who shall act as Bond Registrar and Paying Agent; (l) "Municipality" means the City of Oak Creek, Milwaukee County, Wisconsin; (m) "Net Revenues" means the Gross Earnings of the System after deduction of Current Expenses; (n) "Parity Bonds" means bonds payable from the revenues of the System other than the Bonds but issued on a parity and equality with the Bonds pursuant to the restrictive provisions of Section l1(b) of this Resolution; (o) "Prior Bonds" means the 2010 Bonds, the 2011 Bonds, the 2013 Bonds and the 2014 Bonds, collectively; (p) "Prior Resolutions" means the 2010 Resolution,the20ll Resolution,the2013 Resolution and the 2014 Resolution, collectively; (q) "Project" means the Project described in the preamble to this Resolution. All elements of the Project are to be owned and operated by the Municipality as part of the System as described in the preamble hereto; G) "Record Date" means the close of business on the fifteenth day of the calendar month next preceding any principal or interest payment date; J QB\103731s76.1 (s) "Senior Bonds" means the Municipality's Taxable Waterworks System Revenue Refunding Bonds, Series 2020F, dated November 18, 2020, and any future bonds issued by the Municipality that quali$ as "Additional Senior Bonds" under Section 11(a) of this Resolution (the Senior Bonds are payable on a basis senior to the Bonds, the Prior Bonds and any Parity Bonds); (t) "Senior Resolution" means a resolution adopted by the Goveming Body on October 15,l99l as previously supplemented and amended, and as further supplemented and amended by a resolution adopted by the Governing Body on September 15, 2020 authonzingthe issuance of the Senior Bonds; (u) "System" means the entire waterworks system of the Municipality specifically including that portion of the Project owned by the Municipality and including all property of every nature now or hereafter owned by the Municipality for the extraction, collection, treatment, storage and distribution of water, including all improvements and extensions thereto made by the Municipality while any of the Bonds and Parity Bonds remain outstanding, including all real and personal property of every nature comprising part of or used or useful in connection with such waterworks system and including all appurtenances, contracts, leases, franchises, and other intangibles; (v) "2010 Bonds" means the Municipality's Waterworks System Revenue Bonds, Series 2010, dated January 13,2010; (w) "2010 Resolution" means a resolution adopted by the Goveming Body on December 15,2009 authorizing the issuance of the 2010 Bonds; (x) '2011Bonds" means the Municipality's Waterworks System Revenue Bonds, Series 201I, dated November 23,201I; (V) '2011Resolution" means a resolution adopted by the Governing Body on November 15,20ll authonzing the issuance of the 2011 Bonds; (z) '2013 Bonds" moans the Municipality's Waterworks System Revenue Bonds, Series 2073, dated May 8, 2013; (aa) '2013 Resolution" means a resolution adopted by the Governing Body on April 16, 2013 authonzingthe issuance of the 2013 Bonds; (bb) '2014 Bonds" means the Municipality's'Waterworks System Revenue Bonds, Series 2014, dated May 28, 20141' and (cc) "2014 Resolution" means a resolution adopted by the Governing Body on lr/.ay 20,2014 avthonzingthe issuance of the 2014 Bonds. Section 2. Authorizationof the Bonds and the Financial Assistance Agregment. For the purpose of paying the cost of the Project (including legal, fiscal, engineering and other expenses), there shall be borrowed on the credit of the income and revenue of the System up to the sum of $56,934,626; and fully registered revenue bonds of the Municipality are authorized to -4- QB\l03731s76.1 be issued in evidence thereof and sold to the State of Wisconsin Safe Drinking Water Loan Program in accordance with the terms and conditions of the Financial Assistance Agreement, which is incorporated herein by this reference and the Mayor and City Clerk of the Municipality are hereby authorized, by and on behalf of the Municipality, to execute the Financial Assistance Agreement. Section 3. Terms of the Bonds. The Bonds shall be designated "'Waterworks System Revenue Bonds, Series 2026' (the "Bonds"); shall be dated their date of issuance; shall be numbered one and upward; shall bear interest at the rate of 2.365%o per annum; shall be issued in denominations of $0.01 or any integral multiple thereof; and shall mature on the dates and in the amounts as set forth in Exhibit B of the Financial Assistance Agreement and in the Bond form attached hereto as Exhibit A as it is from time to time adjusted by the State of Wisconsin based upon the actual draws made by the Municipality. Interest on the Bonds shall be payable commencing on May 1,2027 and semiannually thereafter on May 1 and November 1 of each year. The Bonds shall not be subject to redemption prior to maturity except as provided in the Financial Assistance Agreement. The schedule of maturities of the Bonds is found to be such that the amount of annual debt service payments is reasonable in accordance with prudent municipal utility practices. Section 4. Form. Execution. Registration and Pa)¡ment of the Bonds. The Bonds shall be issued as registered obligations in substantially the form attached hereto as Exhibit A and incorporated herein by this reference. The Bonds shall be executed in the name of the Municipality by the manual signatures of the Mayor and City Clerk, and shall be sealed with its official or corporate seal, if any. The principal of, premium, if any, and interest on the Bonds shall be paid by the Municipal Treasurer, who is hereby appointed as the Municipality's Bond Registrar. Both the principal of and interest on the Bonds shall be payable in lawful money of the United States of America by the Bond Registrar. Payment of principal of the final maturity on the Bond will be payable upon presentation and surrender of the Bond to the Bond Registrar. Payment of principal on the Bond and each installment of interest shall be made to the registered owner of each Bond who shall appear on the registration books of the Municipality, maintained by the Bond Registrar, on the Record Date and shall be paid by electronic transfer or by check or draft of the Municipality (as directed by the registered owner) and if by check or draft, mailed to such registered owner at his or its address as it appears on such registration books or at such other address may be furnished in writing by such registered owner to the Bond Registrar. Section 5. Security for the Bonds. The Bonds, together with interest thereon, shall not constitute an indebtedness of the Municipality nor a charge against its general credit or taxing porwer. The Bonds, together with interest thereon, shall be payable only out of the Debt Service Fund hereinafter continued, and shall be a valid claim of the registered owner or owners thereof only against such Debt Service Fund and the revenues of the System pledged to such fund, junior and subordinate to the pledge granted to the holders of the Senior Bonds and on apanty with the pledge granted to the holders of the Prior Bonds. Sufficient revenues are hereby pledged to said -5- QB\103731576.1 Debt Service Fund, and shall be used for no other purpose than to pay the principal of, premium, if any, and interest on the Senior Bonds, the Prior Bonds, the Bonds and any Parity Bonds as the same becomes due. Section 6. Funds and Accounts. In accordance with the Act, for the purpose of the application and proper allocation of the revenues of the System, and to secure the payment of the principal of and interest on the Senior Bonds, the Prior Bonds, the Bonds and Parity Bonds, certain funds of the System which were created and established by the 1991 Resolution are hereby continued and shall be used solely for the following respective purposes: (a) Waterworks System Revenue Fund (the "Revenue Fund"), into which shall be deposited as received the Gross Earnings of the System, which money shall then be divided among the Operation and Maintenance Fund, the Debt Service Fund, the Depreciation Fund and the Surplus Fund in the amounts and in the manner set forth in Section 7 hereof and used for the purposes described below. (b) Waterworks System Operation and Maintenance Fund (the "Operation and Maintenance Fund"), which shall be used for the payment of Current Expenses. (c) Waterworks System Special Redemption Fund (the "Debt Service Fund"), which shall be divided into two separate accounts to be known as the "Interest and Principal Account" and the "Reserve Account". The Interest and Principal Account shall be used for the payment of the principal of, premium, if any, and interest on, first, the Senior Bonds and, second, the Prior Bonds, the Bonds and Parity Bonds as the same becomes due. The Reserve Account established by the Senior Resolution is not pledged to the payment of the principal of or interest on the Prior Bonds or the Bonds and moneys on deposit therein shall under no circumstances be used to pay principal of or interest on the Prior Bonds or the Bonds. (d) Waterworks System Depreciation Fund (the "Depreciation Fund"), which shall be used to provide a proper and adequate depreciation account for the System. (e) 'Waterworks System Sumlus Fund (the "Surplus Fund"), which shall first be used whenever necessary to pay principal of, premium, if any, or interest on the Senior Bonds, the Prior Bonds, the Bonds and Parity Bonds when the Debt Service Fund shall be insufficient for such purpose, and thereafter shall be disbursed as follows: (i) at any time, to remedy any deficiency in any of the funds or accounts provided in this Section 6 hereof; and (ii) monoy thereafter remaining in the Surplus Fund at the end of any Fiscal Year may be transferred to any of the funds or accounts created or continued herein or to reimburse the general fund of the Municipality for advances made by the Municipality to the System. Section 7. Application of Revenues. After the delivery of the Bonds, the Gross Earnings of the System shall be deposited as collected in the Revenue Fund and shall be transferred monthly to the funds listed below in the following order of priority and in the manner set forth below: -6- QB\10373 1576.1 (a) to the Operation and Maintenance Fund, in an amount equal to the estimated Current Expenses for such month and for the following month (after giving effect to available amounts in said Fund from prior deposits); (b) to the Debt Service Fund, for monthly transfer to the Interest and Principal Account thereof, an amount equal to one-sixth (l/6) of the next installment of interest coming due on the Senior Bonds, the Prior Bonds, the Bonds and any Parity Bonds then outstanding and an amount equal to one-twelfth (1112) of the installment of principal of the Senior Bonds, the Prior Bonds, the Bonds and any Parity Bonds coming due during such Bond Year (after giving effect to available amounts in said Fund from accrued interest, any premium or any other source); (c) to the Debt Service Fund, for monthly transfer to the Reserve Account thereot any amounts required by the Senior Resolution to fund the Reserve Account; (d) to the Depreciation Fund, an amount determined by the Governing Body to be sufficient to provide a proper and adequate depreciation account for the System and any amount required by the Senior Resolution while the Senior Bonds are outstanding; and (e) to the Surplus Fund, any amount remaining in the Revenue Fund after the monthly transfers required above have been completed. Transfers from the Revenue Fund to the Operation and Maintenance Fund, the Debt Service Fund, the Depreciation Fund and the Surplus Fund shall be made monthly not later than the tenth day of each month, and such transfer shall be applicable to monies on deposit in the Revenue Fund as of the last day of the month preceding. Any other transfers and deposits to any fund required or permitted by subsection (a) through (e) of this Section, except transfers or deposits which are required to be made immediately or annually, shall be made on or before the tenth day of the month. Any transfer or deposit required to be made at the end of any Fiscal Year shall be made within sixty (60) days after the close of such Fiscal Year. If the tenth day of any month shall fall on a day other than a business day, such transfer or deposit shall be made on the next succeeding business day. It is the express intent and determination of the Goveming Body that the amounts transferred from the Revenue Fund and deposited in the Debt Service Fund shall be sufficient in any event to pay the interest on the Senior Bonds, the Prior Bonds, the Bonds and any Parity Bonds as the same accrues and the principal thereof as the same matures, and to provide any amounts required to be paid into the Reserve Account. Section 8. Deposits and Investments. The Debt Service Fund shall be kept apart from monies in the other funds and accounts of the Municipality and the same shall be used for no purpose other than the prompt payment of principal of and interest on, first, the Senior Bonds and, noxt, the Prior Bonds, the Bonds and any Parity Bonds as the same becomes due and payable. All monies therein shall be deposited in special and segregated accounts in a public depository selected under Chapter 34, Wisconsin Statutes and may be temporarily invested until needed in legal investments subject to the provisions of Section 66.0603(1m),'Wisconsin -7- QB\10373 1576. I Statutes. The other funds herein created or continued (except the Waterworks System SDWLP Project Fund) may be combined in a single account in a public depository selected in the manner set forth above and may be temporarily invested until needed in legal investments subject to the provisions of Section 66.0603(1m), Wisconsin Statutes. Section 9. Service to the Municipality. The reasonable cost and value of services rendered to the Municipality by the System by furnishing water services for public purposes shall be charged against the Municipality and shall be paid in monthly installments as the service accrues, out of the current revenues of the Municipality collected or in the process of collection, exclusive of the revenues derived from the System; that is to say, out of the tax levy of the Municipality made by it to raise money to meet its necessary current expenses. The reasonable cost and value of such service to the Municipality in each year shall be equal to an amount which, together with other revenues of the System, will produce in each Fiscal Year Net Revenues equivalent to not less than the annual principal and interest requirements on the Senior Bonds, the Prior Bonds, the Bonds, any Parity Bonds and any other obligations payable from the revenues of the System then outstanding, times the greater of (i) 1 l0o/o or (ii) the highest debt service coverage ratio required with respect to any obligations payable from revenues of the System then outstanding. However, such pa¡rment out of the tax levy shall be subject to (a) approval of the Public Service Commission, or successors to its function, if applicable, (b) yearly appropriations therefor, and (c) applicable levy limitations , if any; and neither this Resolution nor such payment shall be construed as constituting an obligation of the Municipality to make any such appropriation over and above the reasonable cost and value ofthe services rendered to the Municipality and its inhabitants or to make any subsequent payment over and above such reasonable cost and value. Section 10. Operation of Sl¡stem; Municipalit)¡ Covenants. It is covenanted and agreed by the Municipality with the owner or owners of the Bonds, and each of them, that the Municipality will perform all of the obligations of the Municipality as set forth in the Financial Assistance Agreement. Section 11. Additional Bonds. (a) Additional Senior Bonds. The Bonds are issued on a basis junior and subordinate to the Senior Bonds. The Municipality may issue obligations payable from the revenues of the System in such a manner as to enjoy priority over the Bonds ("Additional Senior Bonds"), provided that all of the following conditions are met: (1) The Net Revenues of the System for the Fiscal Year immediately preceding the issuance of such Additional Senior Bonds must have been in an amount at least equal to the maximum annual interest and principal requirements on all obligations outstanding payable from the revenues of the System, and on the bonds then to be issued, times the greater of (i) I .10 or (ii) the highest debt service coverage ratio to be required with respect to the Additional Senior Bonds to be issued or any other obligations payable from the revenues of the System then outstanding. Should an increase in permanent rates and charges, including those made to the Municipality, be properly ordered and made effective during the Fiscal Year immediately prior to the issuance of such additional bonds or during that part of the Fiscal Year of issuance prior to such issuance, then Net -8- QB\l 0373 I 576. l Revenues for purposes of such computation shall include such additional revenues as a registered municipal advisor, independent certified public accountant, consulting professional engineer or the Wisconsin Public Service Commission may calculate would have accrued during the prior Fiscal Year had the new rates been in effect during that entire immediately prior Fiscal Year. (2) Upon such issuance, the rating classification of the Additional Senior Bonds would be confirmed by a publicly released municipal rating of the "4" quality investment group, or better, as assigned by Moody's Investors Service, or S&P Global Ratings, or by a similar nationally recognized rating agency, without regard to any credit enhancement provided for such Additional Senior Bonds. (3) The payments required to be made into the funds enumerated in Section 6 of this Resolution must have been made in fuIl. (4) The Additional Senior Bonds must have principal maturing on December I of each year in which principal falls due and interest falling due on June I and December 1 of each year. (5) The proceeds of the Additional Senior Bonds must be used only for the purpose of providing extensions or improvements to the System, or to refund obligations issued for such purpose. (b) Additional Junior and Parity Bonds. The Bonds are issued on a parity with the Prior Bonds. Additional obligations may be issued if the lien and pledge is junior and subordinate to that of the Bonds. Parity Bonds may be issued only under the following circumstances: (a) Additional Parity Bonds may be issued for the purpose of completing the Project and for the purpose of financing costs of the Project which are ineligible for payment under the State of 'Wisconsin Safe Drinking Water Loan Program. However, such additional Parity Bonds shall be in an aggregate amount not to exceed 20o/o of the face amount of the Bonds; or (b) Additional Parity Bonds may also be issued if all of the following conditions are met: (1) The Net Revenues of the System for the Fiscal Year immediately preceding the issuance of such additional bonds must have been in an amount at least equal to the maximum annual interest and principal requirements on all bonds outstanding payable from the revenues of the System, and on the bonds then to be issued, times the greater of (i) 1 .10 or (ii) the highest debt service coverage ratio to be required with respect to the Additional Parity Bonds to be issued or any other obligations payable from the revenues of the System then outstanding. Should an increase in permanent rates and charges, including those made to the Municipality, be properly ordered and made effective during the Fiscal Year immediately prior to the issuance of such additional bonds or during thatpart of the Fiscal Year of issuance prior to such issuance, then Net Revenues -9- QB\10373 ls76.l for purposes of such computation shall include such additional revenues as a registered municipal advisor, an independent certified public accountant, consulting professional engineer or the W'isconsin Public Service Commission may calculate would have accrued during the prior Fiscal Year had the new rates been in effect during that entire immediately prior Fiscal Year. (2) The payments required to be made into the funds enumerated in Section 6 of this Resolution must have been made in full. (3) The additional bonds must have principal maturing on May 1 of each year and interest falling due on May 1 and November 1 of each year. (a) The proceeds of the additional bonds must be used only for the purpose of providing extensions or improvements to the System, or to refund obligations issued for such purpose. Section 12. Sale of Bonds. The sale of the Bonds to the State of Wisconsin Safe Drinking Water Loan Program for the purchase price of up to 556,934,626 and atpar, is ratified and confirmed; and the officers of the Municipality are authorized and directed to do any and all acts, including executing the Financial Assistance Agreement and the Bonds as hereinabove provided, necessary to conclude delivery of the Bonds to said purchaser, as soon after adoption of this Resolution as is convenient. The purchase price for the Bonds shall be paid upon requisition therefor as provided in the Financial Assistance Agreement, and the officers of the Municipality are authorized to prepare and submit to the State requisitions and disbursement requests in anticipation of the execution of the Financial Assistance Agreement and the issuance of the Bonds. Section 13. Application of Bond Proceeds. The proceeds of the sale of the Bonds shall be deposited by the Municipality into a special fund designated as "W'aterworks System SDWLP Project Fund." The Waterworks System SDIVLP Project Fund shall be used solely for the purpose of paying the costs of the Project as more fully described in the preamble hereof and in the Financial Assistance Agreement. Moneys in the'Waterworks System SDWLP Project Fund shall be disbursed within three (3) business days of their receipt from the State of V/isconsin and shall not be invested in any interest-bearing account. Section 14. Amendment to Resolution. After the issuance of any of the Bonds, no change or alteration of any kind in the provisions of this Resolution may be made until all of the Bonds have been paid in full as to both principal and interest, or discharged as herein provided, except: (a) the Municipality may, from to time, amend this Resolution without the consent of any of the owners of the Bonds, but only to cure any ambiguity, administrative conflict, formal defect, or omission or procedural inconsistency of this Resolution; and (b) this Resolution may be amended, in any respect, with a written consent of the owners of not less than two-thirds (2/3) of the principal amount of the Bonds then outstanding, exclusive of Bonds held by the Municipality; provided, however, that no amendment shall permit any change in the pledge of revenues derived from the System or the maturity of any Bond issued hereunder, or a reduction in the rate of interest on any Bond, or in the amount of the principal obligation thereof, or in the amount of the redemption premium payable in the case of redemption thereof or change the -10- QB\103731576. r terms upon which the Bonds may be redeemed or make any other modification in the terms of the payment of such principal or interest without the written consent of the owner of each such Bond to which the change is applicable. Section 15. Defeasance. IVhen all Bonds have been discharged, all pledges, covenants and other rights granted to the owners thereof by this Resolution shall coase. The Municipality may discharge all Bonds due on any date by irrevocably depositing in escrow with a suitable bank or trust compaîy a sum of cash andlor bonds or securities issued or guaranteed as to principal and interest of the U.S. Government, or of a commission, board or other instrumentality of the U.S. Government, maturing on the dates and bearing interest at the rates required to provide funds sufficient to pay when due the interest to accrue on each of said Bonds to its maturity or, at the Municipality's option, if said Bond is prepayable to any prior date upon which it may be called for redemption, and to pay and redeem the principal amount of each such Bond at maturity, or at the Municipality's option, if said Bond is prepayable, at its earliest redemption date, with the premium required for such redemption, if any, provided that notice of the redemption of all prepayable Bonds on such date has been duly given or provided for. Section 16. Rebate Fund. Unless the Bonds are exempt from the rebate requirements of the Internal Revenue Code of 1986, as amended (the "Code"), the Municipality shall establish and maintain, so long as the Bonds and any Parity Bonds are outstanding, a separate account to be known as the "Rebate Fund." The sole purposo of the Rebate Fund is to provide for the payment of any rebate liability with respect to the Bonds under the relevant provisions of the Code and the Treasury Regulations promulgated thereunder (the "Regulations"). The Rebate Fund shall be maintained by the Municipality until all required rebate payments with respect to the Bonds have been made in accordance with the relevant provisions of the Code and the Regulations. The Municipality hereby covenants and agrees that it shall pay to the United States from the Rebate Fund, at the times and in the amounts and mannor required by the Code and the Regulations, the portion of the "rebate amount" (as defined in Section 1.148-3(b) of the Regulations) that is due as of each "computation date" (within the meaning of Section 1.148-3(e) of the Regulations). As of the date of this Resolution, the provisions of the Regulations specifuing the required amounts of rebate installment payments and the time and manner of such payments are contained in Sections 1.148-3(f) and (g) of the Regulations, respectively, Amounts held in the Rebate Fund and the investment income therefrom are not pledged as security for the Bonds or any Parity Bonds and may only be used for the payment of any rebate liability with respect to the Bonds. The Municipality may engage the services of accountants, attomeys or other consultants necessary to assist it in determining the rebate payments, if any, owed to the United States with respect to the Bonds. The Municipality shall maintain or cause to be maintained records of determinations of rebate liability with respect to the Bonds for each computation date until six (6) years after the retirement of the last of the Bonds. The Municipality shall make such records available to the State of Wisconsin upon reasonable request therefor. -11- QB\l 0373 l s76. I Section 17. Resolution a Contract. The provisions of this Resolution shall constitute a contract between the Municipality and the owner or owners of the Bonds, and after issuance of any of the Bonds no change or alteration of any kind in the provisions of this Resolution may be made, except as provided in Section 14,vrúil all of the Bonds have been paid in full as to both principal and interest. The owner or owners of any of the Bonds shall have the right in addition to all other rights, by mandamus or other suit or action in any court of competent jurisdiction, to enforce such owner's or owners'rights against the Municipality, the Governing Body thereof and any and all officers and agents thereof including, but without limitation, the right to require the Municipality, its Governing Body and any other authorized body, to fix and collect rates and charges fully adequate to carry out all of the provisions and agreements contained in this Resolution. Section 18. Continuins Disclosure. The officers of the Municipality are hereby authorized and directed, if requested by the State of V/isconsin, to provide to the State of 'Wisconsin Safe Drinking Water Loan Program and to such other persons or entities as directed by the State of Wisconsin such ongoing disclosure regarding the Municipality's financial condition and other matters, at such times and in such manner as the Safe Drinking Water Loan Program may require, in order that securities issued by the Municipality and the State of Wisconsin satisflr rules and regulations promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended and as it may be amended from time to time, imposed on brokers and dealers of municipal securities before the brokers and dealers may buy, sell, or rocommend the purchase of such securities. -t2- QB\103731s76.1 Section 19. Conflicting Resolutions. All ordinances, resolutions (other than the Senior Resolution and the Prior Resolutions), or orders, or parts thereof heretofore enacted, adopted or entered, in conflict with the provisions of this Resolution, are hereby repealed and this Resolution shall be in effect from and after its passage. In case of any conflict between this Resolution and the Senior Resolution or the Prior Resolutions, the Senior Resolution and the Prior Resolutions shall control as long as any of the respective Senior Bonds or Prior Bonds are outstanding. Passed: August 18,2026 August 18,2026Approved: Daniel Bukiewicz Mayor Attest: Catherine A. Roeske City Clerk -1 3- QB\103731576.1 REGISTERED NO. EXHIBIT A (Form of Municipal Obligation) I-INITED STATES OF AMERICA STATE OF WISCONSIN MILWAUKEE COTINTY CITY OF OAK CREEK WATERWORKS SYSTEM REVENUE REGISTERED $ Final Maturit)¡ Date Date of Orieinal Issue }i4ay 1,2046 -,20-REGISTERED OWNER: STATE OF WISCONSIN SAFE DRINKING WATER LOAN PROGRAM FOR VALUE RECEIVED the City of Oak Creek, Milwaukee County, Wisconsin (the "Municipality") hereby acknowledges itself to owe and promises to pay to the registered owner shown above, or registered assigns, solely from the fund hereinafter specified, the principal sum of an amount not to exceed DOLLARS ($ ) (but only so much as shall have been drawn hereunder, as provided below) on May 1 of each year commencing May 1,2029 until the final maturity date written above, together with interest thereon (but only on amounts as shall have been drawn hereunder, as provided below) from the dates the amounts are drawn hereunder or the most recent payment date to which interest has been paid, at the rate of 2.365Vo per annum, calculated on the basis of a 360-day year made up of twelve 30-day months, such interest being payable on the first days of May and November of eachyear, with the first interest being payable on May I,2027 . The principal amount evidenced by this Bond may be drawn upon by the Municipality in accordance with the Financial Assistance Agreement entered by and between the Municipality and the State of Wisconsin by the Department of Natural Resources and the Department of Administration including capitalized interest transferred (if any). The principal amounts so drawn shall be repaid in installments on May I of each year commencing on May 1,2029 in an amount equal to an amount which when amofüzed over the remaining term of this Bond plus current payments of interest (but only on amounts drawn hereunder) at Two and 365ll000ths percent (2.365%) per annum shall result in equal annual payments of the total of principal and the semiannual payments of interest. The State of Wisconsin Department of Administration shall record such draws and corresponding principal repayment schedule on a cumulative basis in the format shown on the attached Schedule A. A-1 QB\l 0373 I 576.1 Both principal and interest hereon are hereby made payable to the registered owner in lawful money of the United States of America. On the final maturity date, principal of this Bond shall be payable only upon presentation and surrender of this Bond atthe office of the Municipal Treasurer. Principal hereof and interest hereon shall be payable by electronic transfer or by check or draft dated on or before the applicable payment date (as directed by the registered owner) and if by check or draft, mailed from the office of the Municipal Treasurer to the person in whose name this Bond is registered at the close of business on the fifteenth day of the calendar month next preceding such interest payment date. This Bond shall not be redeemable prior to its maturity, except with the consent of the registered owner. This Bond is transferable only upon the books of the Municipality kept for that purpose at the office of the Municipal Treasurer, by the registered owner in person or its duly authorized attorney, upon suffender of this Bond, together with a written instrument of transfer (which may be endorsed hereon) satisfactory to the Municipal Treasurer, duly executed by the registered owner or its duly authorized attomey. Thereupon a replacement Bond shall be issued to the transferee in exchange therefor. The Municipality may deem andlreat the person in whose name this Bond is registered as the absolute owner hereof for the purpose of receiving payment of or on account of the principal or interest hereof and for all other purposes. This Bond is issuable solely as a negotiable, fully-registered bond, without coupons, and in denominations of $0.01 or any integral multiple thereof. This Bond is issued for the purpose of providing for the payment of the cost of constructing improvements to the Waterworks System of the Municipality, pursuant to Article XI, Section 3, of the Wisconsin Constitution, Section 66.0621, Wisconsin Statutes, a,nd a resolution adopted August 18,2026, and entitled: "Resolution Authorizingthe Issuance and Sale of Up to $56,934,626Waterworks System Revenue Bonds, Series 2026, and Providing for Other Details and Covenants With Respect Thereto, and Approval of Related Financial Assistance Agreement" (the "Resolution") and is payable only from the income and revenues of the 'Waterworks System of the Municipality (the "Utility"). Such revenues have been set aside and pledged as a special fund for that purpose and identified as "Special Redemption Fund," created by a resolution adopted by the Governing Body on October 15,1991, and continued by the Resolution. The Bonds are issued on a basis junior and subordinate to the Municipality's Taxable Waterworks System Revenue Refunding Bonds, Series 2020F, dated November 18,2020 and on apanty with the Municipality's Waterworks System Revenue Bonds, Series 2010, dated January 13,z}I},Waterworks System Revenue Bonds, Series 2017, dated November 23,201I, Waterworks System Revenue Bonds, Series 2013, dated May 8, 2013 and Waterworks System Revenue Bonds, Series 2014, dated }l4ay 28,2014, as to the pledge of income and revenues of the Utility. This Bond does not constitute an indebtedness of said Municipality within the meaning of any constitutional or statutory debt limitation or provision. It is hereby certified, recited and declared that all acts, conditions and things required to exist, happen, and be performed precedent to and in the issuance of this Bond have existed, have happened and have been performed in due time, form and manner as required by law; and that sufficient of the income and revenue to be received by said Municipality from the operation of its ^-2 QB\l 0373 I 576.1 Utility has been pledged to and will be set aside into a special fund for the payment of the principal of and interest on this Bond. IN WITNESS WHEREOF, the Municipality has caused this Bond to be signed by the signatures of its Mayor and City Clerk, and its corporate seal to be impressed hereon, all as of the date of original issue specified above. CITY OF OAK CREEK, WISCONSIN (sEAL) By: A. Clerk A-3 QB\r03731576.1 (Form of Assignment) FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto (Please print or typewrite name and address, including ztp code, Please insert Social Security or other identi$ring number of the within Bond and allrights thereunder, hereby and appointing Attomey to transfer said Bond on the substitution in the premises. thereof power of Dated: of this assignment must name as it appears upon the Bond in every particular, without or enlargement or any change whatever. guaranteed by A-4 QB\r03731576.1 SCHEDULE A s56,934,626 CITY OF OAK CREEK, WISCONSIN WATERV/ORKS SYSTEM REVENUE BONDS, SERIES 2026 Amount of Disburse- ment Date of Disbursement Series of Bonds Princi Principal Balance SA-1 QB\103731576,1 Date SCHEDULE A (continued) PRINCIPAL REPAYMENT SCHEDULE Princþal Amount t, l, 1, May May May May May May May May May May May May May May May May May May t, l, t, l, t, t, l, l, l, t, t, t, t, 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 92,574,112.42 2,634,990.18 2,697 347. 2,76 2,926,399,02 ,243.35 68.56 3,1 1.76,807.70 1,939.20 847.57 s74.8t 1,63.96 659.03 ,105.12 48.36 3, 1,2042 1,2043 2 SA-2 QB\103731576.1 s56,934,626 City of Oak Creek, Wisconsin Waterworks System Revenue Bonds, Series 2026 CLOSING CERTIFICATE Daniel Bukiewicz, the Mayor, and Catherine A. Roeske, the City Clerk of the City of Oak Creek, Milwaukee County, Wisconsin (the "Municipality"), hereby certify as follows: 1. We are the duly qualifïed and acting Mayor and City Clerk of the Municipality and have been such at all times pertinent to the authorization and delivery of the "Waterworks System Revenue Bonds, Series 2026'of the Municipality (the "Bonds"). 2. We have executed and sealed the negotiable, fully-registered Bonds. The Bonds are in the aggregate principal amount of $56,934,626, arc dated September 9, 2026, and arc numbered from I upward. The Bonds mature in installments of principal due on May 1 of each of the years2029 through 2046, and bear interest atarate of 2.365% per annum. We were duly authorized to execute the same. 3. Attached in the Closing Transcript is a true and complete copy of a resolution entitled: "Resolution Authorizing the Issuance and Sale of Up to $56,934,626 Waterworks System Revenue Bonds, Series 2026, and Providing for Other Details and Covenants With Respect Thereto, and Approval of Related Financial Assistance Agreementl' (the "Bond Resolution"). The Bond Resolution was duly adopted by the Common Council of the Municipality (the "Govorning Body") on August 18,2026. The Bond Resolution has not been repealed, amended or modified in any respect and remains in full force and effect today. 4. Attached in the Closing Transcript is a true and complete copy of the Certifîcate of Compliance with Open Meeting Law Publio Notice Requirements with respect to the August 18,2026 meeting of the Governing Body of the Munioipality, evidencing compliance with Subchapter V of Chapter 19, Vy'isconsin Statutes. 5. Attached in the Closing Transcript is a true and cornplete copy of the part of the minutes of the August 18,2026 meeting of the Governing Body wherein the Governing Body adopted the Bond Resolution. 6. Attached in the Closing Transcript is a true and complete copy of a sworn affidavit from an authorized representative of the official nevvspaper of the Municipality, in which a notice has been published pursuant to Section 893.77, Wisconsin Statutes, regarding the adoption of the Bond Resolution. 7. Attached in the Closing Transcript is a Specimen Bond. The signatures of Daniel Bukiewicz, the Mayor, and Catherine A. Roeske, the City Clerk of the Municipality, are their respective true signatures, and the seal of the Municipality appearing on the Bonds is an accurate impression or facsimile of the seal of the Municipality. QB\r 03732740. l 8. Attached in the Closing Transcript is a true and complete copy of the Financial Assistance Agreement relating to the Bonds; said Financial Assistance Agrèement has not been amended or modified in any respect and remains in full force and effect today. 9. The Municipality is a duly organized and existing municipal corporation of the State of Wisconsin. 10. There are no rules or resolutions in efflect which require any officer or official of the Municipality, other than the Mayor and the City Clerk of the niunicipàity, to execute bonds of the Municipalify. 11. Each meeting of the Goveming Body or any committee of the Municipality at which the Bond Resolution was taken up was held at the place and time and called and notified in the manner routinely established by the Goveming Body or such committee and proceeded in accotdance with a written agenda; was notifîed to the public and news media and conducted in full compliance with the "open meeting'r laws of the State of Wisconsin, and particularly Subchapter V, Chapter 19, Wisconsin Statutes; was held in a public, accessibie place in the Munioipality, with doors open at all times to the public; and no secret ballot was tak"tt thereat; and no such meeting was commenced, subsequently convened in closed session and thereafter reconvened in open session, unless public notice ofsuch subsequent open session was given at the same time and in the same manner as the public notice of the meeting convened priãr to the closed session. Al1 such meetings were fully lawful and in all respects in accordance with the rules of the Municipality. Each such meeting was a regular meeting or duly-called special meeting, held at the place in the Municipality, on the date and at the time and notifreã in the manner routinely established by rule of the Governing Body. 12. The meeting of the Governing Body was held on August 18,2026, at which a quorum was present throughout. The Governing Body consists of six Alderpersons. At such meeting, the Bond Resolution was introduced by one of the Governing Body members in accordance with routinely established procedures of the Governing Body (all Governing Body members having full copies thereof in advance and adequate time to read and examine prior tã adoption, and no member objecting); and, on motion duly made and seconded, duly adópted by the affirmative vote of the members present, upon an aye or no vote duly recorded in the Governing Body minutes. 13. The City Clerk of the Municipality has recorded a full and correct statement of every step or proceeding had or taken in the course of authorizing and issuing the Bonds in a separate record book as required by law. This record has been available for public inspection during normal business hours at the City Clerk's office in the Municipality anA no person was denied the right to inspect or duplicate it. 14. V/e have reviewed the Additional Bonds Certificate, the No Arbitrage Certificate, the Bond Resolution and the Form 8038-G, all appearing in the Closing Transcript, and to the best of our information and belief all of the statements made in each respective document are true and correct. -¿- QB\r 03732740, r 15. No litigation is pending or, to our knowledge, threatened (i) to restrain or enjoin the issuance or delivery of any of the Bonds, or (ii) in any way contesting or affecting the validity of the Bonds or the Bond Resolution. 16. There is no litigation pending or, to our knowledge, threatened against the Municipality or involving any of the property or assets under the control of the Municipality that involves the possibility of any judgment or uninsured liability which may result in any material adverse change in the business, properties, assets or in the condition, financial or otherwise, of the Municipality or the Waterworks System. L7. Neither the corporate existencs nor boundaries of the Municipality nor the title of its present or former officers to their respective offices is being contested, and no authority or proceedings for the issuance of the Bonds have been repealed, revoked or rescinded. No petition has been filed requesting that the Bonds not be issued. 18. Based on our inquiry, information and belief, no part of the funds of the Municipality or the'Waterworks System derived from the issuance and sale of the Bonds shall inure to the benefit of or be distributable to any official of the Waterworks System or of the Municipality, except for the lawful payment or compensation for seryices rendered and its lawful reimbursement of expenses incurred, and no loans shall be made, and no property or services shall be purchased or sold, leased or otherwise disposed of, to any such off,rcial as a result of the use of such funds by the Municipality or by the Waterworks System. 19. Based on our inquiry, information and beliet no official of the Waterworks System or of the Municipality has any private interest, direct or indirect, in any of the proceedings relating to the authorization, issuance and sale of the Bonds. 20. The Municipality is able to pay all of its current operating expenses in the usual course as they come due without need for special or exceptional tax levies. 21, The Bonds are payable only from and secured by a pledge of the income and Levenues of the Waterworks System of the Municipality; anddo not constitute an indebtedness of the Municipality within any constitutional or statutory limitation. 22, There are no obligations outstanding payable from a pledge of the income and revenues of the 'Waterworks System of the Municipality, other than the Municipality's Waterworks System Revenue Bonds, Series 2010, dated January 13,2010, Waterworks System Revenue Bonds, Series 2011, dated November 23, 2071, Vy'aterworks System Revenue Bonds, Series 2013, dated May 8,2073, Waterworks System Revenue Bonds, Series 2014, dated May 28,2014, Taxable Waterworks System Revenue Refunding Bo4ds, Series 2020F, dated November 18,2020, and the Bonds. 23. The Municipality is not in default on any borrowed money obligation. -J- QB\103732740,r 24. The Municipality has received a disbursement of Bond proceeds from the State on the date of this Certificate, tepresenting the purchase price of the Bondl as provided in the Bond Resolution. IN V/ITNESS WHEREOF, we have hereunto set our hands and affixed the official seal of the Municipality as of September 9,2026. CITY OF OAK CREEK, WISCONSIN (sEAL) By Daniel Bukiewicz Mayor By: Catherine A. Roeske City Clerk -4- QB\103732740.t box if Amended Room/suite ssue 11 12 13 14 15 16 17 18 (a) Flnal malurity date (b) lssue price Bonds. entire wh¡ch (d) Welshtsd average maturity (o) Stated redemptlon prlce at matur¡ty 05/0r/2046 $ 56.934_626 56.934.626 11.772 VEATS Bond lssueof 22 23 25 0 26 0 27 c 28 0 29 30 Part I Part ll Part lll Part lV Part V '*'8038-G(Rev. October 2021) Departmênt of the Treasury lnternal Revenue Serv¡ce lnformation Return for Tax-Exempt Governmentat Bonds Þ Under lnternal Revenue Code soction 149(e) cauríon: rr rre issffi;üi'ffi Håi;üï;" Fo rm 8038-GC.Þ Go to www.rrs,govrF1OSBG for instructions and the ratesr information, 1 lssuor's name Oak 3a Name of person (othêrthan iseuer) with whom the IRS 4 Numbôr and dtreei (or P.O. box if mall ls not delivsred to streêt address) South 6 C¡ty, town, or post offico, state, and Zlp cöde I Name of issue 'l0a Name and t¡tle of offlcsr or other employee of thê lssuer whom the IRS may call for mors informatlon See the instructions and attach 2 lssuer's employer ¡dentlflcailon number (EtNl may communicate about thls return (see instrucilons) 3b Telephonê number oJ othêr person shown on Ba 5 Rêport number(For Use Only) 7 Date of ibsuÒ 9 CUSIP number OMB No. 1545-0047 7 or other (e) Yleld vears 'l0b Telephone number of officerômployes shown on 10a 11 12 13 14 15 16 17 18 19a b 20 Education . Health and hospital Transpodation Publíc safety , Environment (including sewage bonds) Housing Utilities Other, Describe Þ lf bonds are TANs or BANs, check only box 19a lf bonds are BANs, check only box 19b lf bonds are in the form of a lease or cheok box Proceeds used for accrued interest lssue price of entire issue (enter amount from line 21 , column (b)) Proceêds used for bond issuance costs (including underwriters: discount) Proceeds used for credit enhancement . Proceeds allocated to reasonably required reserve or replacement fund Prooeeds used to refund prior tax-exempt bonds. Gomplete part V . 21 22 23 24 25 26 27 28 29 30 o/o 0 24 Proceeds used to refund prior taxable bonds. Complete part V Total (add lines 24 through 28) . 31 92 33 34 Nonrefu Enter the rernaining weighted Enter the ieniaining weighted of the issue line 29 from line 23 and enter amount average maturity of the tax-exempt bonds to be refunded average maturity of the taxable bonds to be refunded years Enter the last date on which the refunded tax-exempt bonds will be oalled (MM/DD/YYYY) Enter the date(s) the refunded bonds were issued Þ (MM/D D/fYYY) For Papenvork Reduct¡on Aot Notice, see sepårate lnstructions, Cat. ño,63773S Porm 8038-G (Rev. 1o-zo2t) QB\103732884.1 35 36a 37 Part Vl Form 8038-G (Rev. 10-2021) laneous 43 44 45a lf the issuer has established written procedures to ensure that all nonqualified bonds of this issue are remediated according to the requiremeRts under the Code and Regulations (see instructions), check box > lf the issuer has established wrilten procedures to monitor the requirements of section 148, check box . > lf some portion of the proceeds was used to reimburse expenditures, check here Þ EJ and enter the amount of reimbursement >b Enter the date the officiai intent 2 35 36a Enter the amount of the state volume cap allocated to the issue under seotion j41(bXS) Ent_er the amount of gross proceeds invested or to be invested in a guaranteed investment contract (GlC), See instructions b Enter the final maturity date of the ctO > (MM/DD/yyyT c Enter the name of the GIC providerÞ 37 Pooled financings: Enter the to other governmental unitS , amount of the proceeds of this issue that are to be used to make loans 38a lf this issue is a loan made from the proceeds of another tax-exempt issue, check box Þ ø ahd enter the following information: b Enter the date of the master pool bond > (MMiDDlyyyy) See Ex A c Enter the EIN of the issuer of the master pool bond Þ 39-5028867 d Enter the name of the issuer of the master pool bond Þ State of Wisconsin 39 lf the issuer has designated the issue under section l) (small issuer exception), check box 40 lf the lssuer has elected to pay â penalty in lieu of arbitrage rebate, check box 41a lf the issuer has identified a hedge, check here Þ n and enter the following information b Name of hedge provider Þ c Type of hedge Þ d Term of hedge Þ 42 lf the issuer has superintegrated the hedge, check box ø the b6st of mv knowlodoa lñformation, ás neoessàiy toSignature and Gonsent oglost2026 Dariiel Bukiewicz, Mayor Paid Preparer Use Only P PrinVType preparer's name Jacob P. Lichter I De{e .zf oercstzozø Check I ir solÈemployed Flrm'6name ÞOuarles aer.#tti7 -/ -4.' Flrm's address Þ 4 1 1 East Wíscn nl*&(íío¡.,oé fz Slgnature of authorized reprgsentetivê Date prlnt.nams and title Flrm's EIN Þ PTIN rorm 8038-G (Rov. to-2021) QB\103732884.1 Exhibit A Attachment to IRS tr'orm B03B-G CITY OF OAK CREEK (E.r.N. 39-6022803) WATERWORKS SYSTEM REVENUE BONDS, SERIES 2026 DATED SEPTEMBER 9,2026 Line 38a Line 38b Line 38c Line 38d See above. See above. Proceeds of another tax-exempt issue(s) issued by the state of wisconsin (E.I.N. 39'6028867) may be used to make the initial or future disbursements of proceeds on this issue for nonrefunding pu{poses, but the date of such issue(s) and amount, if any, are unknor¡m at this time. See above. QB\r03733 148. I $56,934,626 City of Oak Creek, V/isconsin Waterworks System Revenue Bonds, Series 2026 ADDITIONAL BONDS CERTIFiCATE The undersigned City Clerk of the City of Oak Creek, Milwaukee County, Wisconsin (the "City") hereby certifies, in connection with the issuance of the City's'Waterworks System Revenue Bonds, Series 2026, dated September 9, 2026 (the "Bonds"), ihat: 1. (a) Pursuant to a resolution adopted on December 15, 2009 (the "2010 Resolution"), the City issued its Waterworks System Revenue Bonds, Series 20i0, dated January 13, 2010 (the "2010 Bonds"), and set certain conditions on the issuance of additional bonds on u puiity - with the 2010 Bonds (Section 11(b). (b) Pursuant to a resolution adopted on November 15, 2011 (the '1207I Resolution"), the City issued its'Waterworks System Revenue Bonds, Series 2011, dated November 23, Z1Ii (the "201 1 Bonds"), and set certain conditions on the issuance of additional bonds on a parity with the 2011 Bonds (Section 1f (b). (c) Pursuant to a resolution adopted on April 16, 2013 (the "20 13 Resolution"), the City issued its Waterworks System Revenue Bonds, Series 2,}l3rdated May B,Z0I3 qtheïZO3 Bonds"), and set certain conditions on the issuance of additional bonds on a parity wiifr the ZOt¡ Bonds (Section I l(b). (d) Pursuant to a resolution adopted on May 20,2014 (the "2014 Resolution"), the City issued its Waterworks System Revenue Bonds, Series 2O!4, dated May Zg,Z0l4 (the "2014 Bonds"), and set certain conditions on the issuance of additional bonds on a parity with the 2014 Bonds (Section 11(b). The City also has outstanding its Taxable Waterworks System Revenue Refunding Bonds, Series 202AF, dated November 18, 2020 (the "Senior Bonds") which are payable õn a basis senior to the Bonds, the 2010 Bonds, the 2011 Bonds, the 2013 Bonds and the 2014 Bonds. The 2010 Bonds, the 201 1 Bonds, the20l3 Bonds and the 2014 Bonds shall collectively be referted to as the "Prior Bonds". The 2010 Resolution, fhe2011 Resolution, the 2013 Resolution and the 2014 Resolution shall collectively be referred to as the "Prior Resolutions". 2, Such conditions are met in connection with the issuance of the Bonds, as follows: (a) The Net Revenues (as defined in the Prior Resolutions) of the City's Waterworks System for Fiscal Year 2025 were in an amount at least equal to the maximum annual interest and principal requirements on the Senior Bonds, the Prior Bonds and the Bonds (94,720,278) times 1.25 ($5,900,347), as follows; QB\r 03733r96.1 Gross Earnings: Less Current Expenses: Net Revenues: $13,718,156 4.939^028 8 8,779,129 1.25 is the highest debt service coverage ratio to be required with respect to the Senior Bonds, the Prior Bonds and the Bonds (which are the only obligations payable from the revenues of the Waterworks System currently outstanding). (b) The payments required to be made into the funds enumerated in Section 6 of the Prior Resolutions have been made in full. (c) The Resolution authorizing the Bonds provides that the Bonds shall mature on May I of each year and that interest thereon is payable semiannually on May 1 and November I of each year. (d) The proceeds of the Bonds will be used only for the purpose of providing extensions and improvements to the'Waterworks System. Dated September g, 2026. CITY OF OAK CREEK, WISCONSIN Catherine A. Roeske Ci{y Clerk QB\103733t96.1 $56,934,626 City of Oak Creek, Wisconsin'Waterworks System Revenue Bonds, Series 2026 NO A.R,BITRAGE CERTIFICATE The undersigned officers of the City of Oak Creek, Milwaukee County, Wisconsin (the "Municipality") hereby certiff as follows with regard to the Municipality's issuance of up to 556,934,626 Waterworks System Revenue Bonds, Series 2026, dated September 9, 2026 (the "Bonds"). I. IN GENERAL 1.1 Authoritv. The undersigned are officers of the Municipality charged by law and a resolution adopted by the Common Council of the Municipality on August18,2026 authorizing the issuance of the Bonds (the "Bond Resolution") with responsibility for issuing the Bonds and are acting for and on behalf of the Municipality in executing this Certificate. 1.2 Nature of Certiûcate. This Certificate accompanies the transcript of proceedings for the issuance of the Bonds and describes the Municipality's reasonable expectations as of this date, regarding the amount and use of the proceeds of the Bonds (the "Bond Proceeds"). 1.3 Date of Certificate. This Certificate is made as of the date of issue, that is, the date on which there is a physical delivery of some or all of the Bonds in exchange for an amount of the purchase price for the Bonds exceeding the lesser of $50,000 or five percent of the issue price of the Bonds. II. PURPOSE 2.1 Govemmental Purpose. The Bonds are being issued for the govemmental pu{pose of constructing improvements and extensions to the waterworks system (the "Waterworks System") of the Municipality, consisting of construction of a project (the "Project") assigned Safe Drinking Water Loan Program Project No. 4869-08 by the Department of Natural Resources, and as described in the Department of Natural Resources approval letter for the plans and specifications under Section 281.41of the Wisconsin Statutes, assigned Number W-2025- 0509 and dated J-uly 24,2025 by the DNR. 2,2 Isçliance Co$ts. $75,000 of the proceeds of the Bonds will be used to pay issuance costs with respect to the Bonds. 2,3 New Money Proceeds. The balance of the proceeds (the "New Money Proceeds") will be used to pay the costs of the Project and to pay administrative expenses related to the Project. QB\103733640.1 2.4 No Replaoement Proceed!. The Bonds are not being issued to replace any proceeds of an earlier issue of governmental obligations that were not expended on the project for which such earlier issue was intended. Neither the Municipality or *y related p*ry oftn"Municipality has or is reasonably expected to have any moniei (otúer than sale proceeds or investment proceeds 9f1he Bonds) that (i) could be used for the governmental pirposes for which the Bonds are being issued and (ii) are not reasonably expécted to be used for other purposes. 2.5 Not a Tax Anticipation Note. The Bonds are not being issued in anticipation of taxes or other revenues, such as tolls, fees, grants or awards. 2.6 No Abusivç Arbitraee Dev-ice. In connection with the issuance of the Bonds, the Municipality has not and will not engage in any transaction or series of transactions (i) "nublirrgthe Municipality to exploit the difference between tax-exempt and taxable interest rates to gai;a material fìnancial advantage, or (ii) increasing the burden on the market for tax-exempt obligations in any manner including, without limitation, by selling Bonds that would not otherwise be sold or selling more Bonds, or issuing them sooner, ãr ailowing them to remain outstanding longer, than would otherwise be necessary to accomplish the gorr"**"ntal purposes of the Bonds. No device has been employed in connection with th" irsuao"e of the Bonds to obtain a material financial advantage (based on arbitrage) apart from savings attributable to lower interest rates. 2.7 No Other Obligations. There are no other obligations of the Municipality which(a) have been or will be sold within 15 days of the date of sale of the Bonds; (b) are sold pursuant to the same plan of financing together with the Bonds; and (c) are reasonably expected to be paid out of substantially the same source of funds as the Bonds. 2.8 Covenant. The Municipality will not make or permit any use of the Bond Proceeds which, if such use had been reasonably expected on the date of issuance of the Bonds, would have caused the Bonds to be "arbitrage bonds" within the meaning of Section 148 of the Internal Revenue Code of 1986, as amended (the "Code") and any applicable income tax regulations (the "Regulations"), and hereby fuither covenants ttrai it ølt observe and not violate the requirements of Section 148 of the code or any applicable Regulations. III. PROCEEDS AND FLINDS 3.1 Disposition of Proceeds. For tax purposes, the Bonds are considered issued on the date hereof because an amount of Bond Proceeds exceeding the lesser of $50,000 or five percent (5%) of the Bond Proceeds is to be advanced on the date hereof pursuant to the Financial Assistance Agreement to either (i) reimburse the Municipality for Projeót expenses previously paid in anticipation of the receipt of Bond Proceeds or (ii) pay, withinthree åays of ttre date hereof invoices previously received for Project costs. Subsequent advances oiBond proceeds shall be made, in an aggregate amount which, after adding the first advance, does not exceed the face amount of the Bonds. Such subsequent advances will be applied either to (i) reimburse the Municipality for Project expenses previously paid in anticipation of the receipt oîBond proceeds or (ii) pay Project invoices, as specified earlier, within three days of the date ãf receipt of such funds. Prior to the payment of Project invoices, the proceeds of the sale of the Bonds shall be -2- QB\103733640.1 deposited by the Muuricipality into a special fund designated as ,'Waterworks Systern SDWLPProject Fund'" The Waterworks System SDWLP Proþct Fund shall be used solely for thepurpose of paying the costs of the Project as described above and in the Financial Assistance {g19ement relating to the Project dated September 9, 2026. Moneys in the Waterworks SystemSDWLP Project Fund shall be disbursed within three business days of their receipt from the State of Wisconsin and shall not be invested in any interest-bearing account. 3,2 Not an Overissuance. The total cost of the Project is expected to be greater thanthe principal sum of the Bonds. The net amounts received Uy ttre Municipality allocable to theProject will not exceed the aggregate amount necessary for tire project. 3'3 Projec*t Expenditures: Ng Payments to- Related Parties. All New Money proceeds slaJl be used solely to pay costs of the Project. the tvtunicipality teasonably expects that 100%of the New Money Proceeds will be allocated to expenditurèr on the projeci during a 3-yearperiod beginning on the date of delivery of the Bonds, No New Money Þroceeds will be allocated to any payment to a related party to the payor. 3.4 Substantial Biqding Oblisations. The Municipality has incurred substantial binding obligations to third parties (which are not subject to a cotrtingency within the control ofthe Municipality or of a related party of the Municipaiity) to expen¿ ãt teast 5% of the NewMoney Proceeds on the Project. 3.5 V/ork.or Acquisition Will Proceed with Due Dilieence. The Municipality expects that work on or acquìsition of the Project will proceed *itn aue Aitigence to completion, *d tfrutthe allocation of the New Money Proceeds to expenditures on the Pioject will proceed with due diligence. 3.6 Project Not to be Sold. The Project will not be sold or otherwise disposed of inwhole or in part, prior to the last maturity of the Bonds. 3.7 Debt Service Fund. Revenues of the Waterworks System collected for payment of principal and interest on the Bonds will be deposited when received into a sinking funä, u,required by law, and amounts therein may only be used to pay principal and interest on theBonds and other outstanding revenue bonds of the Municipality. Th; sinking fund, designated the "Debt Service Fund," for the Bonds is used primarily to acñieve a propeimatching oi revenues and principal and interest payments within each year. Basedon^the debt service requirements of the Bonds and the expected dates of colleôtion of revenues to pay such debt service, the Municipality expects that (i) the Debt Service Fund will be depleted ät least once each year except for a reasonable carry-over amount which is not expecteá to exceed the greater of (a) the earnings from the investment of the Debt Service Fund for the immediately pr.J.dirrg bond year, or (b) ll12 of the principal and interest payments on the Bonds and otheroutstanding revenue bonds for the immediately preceding bond year; (ii) amounts deposited in the Debt Service Fund will only be invested for a period less than i3 months (assuming a first-in-first-out method of accounting for deposits to the Debt Service Fund); and (iii) all eaniings from the investment of the Debt Service Fund will be invested for a period notto exceed ãn. y.u. before bei-nq expended for payment of debt service on the Bonds. The Municipality has not established and does not expect to establish any other sinking fund or similar nn¿ øttr respect to the Bonds. a-J- QB\103733640.1 There are no other funds which are reasonably expeoted to be used to pay principal or interest.on the Bonds or which are pledged to secure the Bonds. 3.8 No Bond Insuranc-g. No premiums have been paid or will be paid to insure the Bonds 3.9 No Reserve Fund. No reserve or replacement fund has been or will be established with regard to the Bonds. 3.10 Trade or Business, Not more than ten percent (10%) of either the proceeds of the Bonds or the Project is to be used (directly or indirectly) in a trade or business canied on by any person (other than a governmental unit), and not more than ten percent (10%) of the payrnent oî the Bonds is (directly or indirectly): (i) secured by any interest in property used or to be used for a trade or business or payments in respect of such property; or (ii) derived from payments (whether or not to the Municipality) in respect of property or borrowed money, used or to be used for a trade or business. Not more than five percent (5%) of either the proceeds of the Bonds or the Project is to be or has been used (directly or indirectly) for any trade or business canied on by any person (other than a governmental unit) which is not related to any governmental use of such proceeds or of the Project, and not more than fîve percent (5%) of the payment of the principal of; or interest on, the Bonds is (directly or indirectly): (a) secured-by any interest in properly used or to be used for a trade or business or payments in respect of such property; or (b) derived from payments (whether or not to the Municipality) in respect of properly or bomowed money, used or to be used in a trade or business. None of the proceeds of the Bonds wiil be used (directly or indirectly) to make or finance loans to persons other than governmental units. All users of the Municipality's Waterworks System have access to and use the System, and pay charges for use of the System, on the same basis as all other members of the general puUtió. IV. REBATE 4.1 Rebate. The Municipality shall comply with the requirements of Section 148(f) of the Code, and applicable regulations thereunder, including Reg. $$ 1.148-1 through t.t+S-it as provided in the Bond Resolution. Because the Municipality wíllnot invest the Bond Proceeds in anything other than a non-interest bearing checking account, and will disburse all Bond Proceeds received as described in Seotion 3.1 above, the Municipality will not earn a yield in excess of the Bond yield and is therefore anticipated to have no rebate liability. In addition, the Municipality reasonably anticipates that all Bond Proceeds will be disbursed within the time periods set forth in Section 148(Ð(4) of the Code. Further, the Municipality has covenanted in the Bond Resolution that, unless the Bonds are exempt from the rebate requirement of the Code, it will establish a Rebate Fund and calculate and pay to the United States any rebate amount payable with respect to the Bonds. 4.2 Records, The Municipality shall maintain or cause to be maintained records of such determinations for each computation period until six (6) years after payment in full of the Bonds and shall make such records available upon reasonable request therefor. -4- QB\103733640.r V. OTHERTAXMATTERS 5.1 No Federal Guarantee. Except as permitted under Section 149(bX3) of the Code, (a) the payment of principal of or interest with respect to the Bonds will not be guaranteed, eíther directly or indirectly, in whole or in part, by the United States or any agency or instrumentality thereof and (b) none of the proceeds of the Bonds will be (i) used in making loans the payment of principal or interest with respect to which are to be guaranteed, in whole or in part, by the United States or any agency or instrumentality thereof or (ii) invested directly or indirectly in federally insured deposits or accounts. 5.2 Not Hedge Bonds. None of the proceeds of the Bonds will be invested in nonpurpose investments having a substantially guaranteed yield for a period of four years or more, 5.3 Reimbursement. Any expenditures already paid by the Municipality priorto the date hereof for which the Municipality is to be reimbursed withproceeds of the Bonds (a) were paid no earlier than 60 days prior to June 17,2025, the date on which the Munioipality adopted a resolution, a true and correct copy of which is attached hereto in the Closing Transcript, stating its expectation to reimburse itself from the proceeds of the Bonds for any expenditures relating to the Project which it paid from other flurds of the Municipality prior to receipt of the proceeds of the Bonds or (b) are preliminary expenditures relating to the Project (such as architectural, engineering, surveying, soil testing and similar costs that are incured prior to coÍrmencement of acquisition, construction, or rehabilitation of a project, other than land acquisition, site preparation and similar costs incident to the commencement of construction) which are in an amount which is less than20o/o of the aggregate issue price of the Bonds and any other issues that finance or are reasonably expected to finance the Project, The Project has not been placed in service as of the date hereof. Proceeds of the Bonds in an amount equal to the amount of expenditures on the Project which have been paid from other funds of the Municipality prior to the date hereof are hereby allocated to the reimbursement of those original expenditures. 5.4 Avef4ge..Maturity. The term of the Bonds is no longer than reasonably necessary for the governmental purposes of the issue. The weighted average maturity of the Bonds (11,772 years) does not exceed 120% of the average reasonably expected economic life of the Project. 5.5 Form 8038-G. To the best of the Municipality's knowledge and belief, the information contained in the Information Return (Form 8038-G) attached in the transcript is complete and accurate. -5- QB\t 03733640.1 VI. CONCLUSION 6.1 Expectations are Reasonable. To the best of our knowledge and belief there are no other facts, estimates or circumstances that would rnaterially change any of the Municipality's expectations as to future events desoribed in this Certificate, and said expectations are reasonable. IN V/ITNESS WHEREOF, we have set our hands as of September 9,2026. CITY OF OAK CREEK, WISCONSIN By: Daniel Bukiewicz Mayor By: Catherine A. Roeske City Clerk -6- QB\t03733640.r REGISTERED NO. 1 I.INITED STATES OF AMERICA STATE OF V/ISCONSIN MILWAUKEE COUNTY CITY OF OAK CREEK REGISTERED s56,934,626 Final Date of Maturitv Date Original Issue May 1,2046 SePtember 9,2026 REGISTERED OWNER: STATE OF V/ISCONSIN SAFE DRINKING WATER LOAN PROGRAM FOR VALUE RECEIVED the City of Oak Creek, Milwaukee County, Wisconsin (the ,,Municipality") hereby acknowledges itseif to owe and promises to pay to the registered owTrer shown u'uouå ó. regisiered assigns, solely from the frind hereinafter speeified, the,principal sum Of AN AMOUNT NOt tO CXCEEd FIFÍY-SIX MILLION NINE HUNDRED THIRTY-FOUR THOUSAND SIX HTINDRED T'WENTY-SIX DOLLARS ($56,934,626) (but onlv so much as shall have been drawn hereunder, as provided below) on May 1 of each year commencing May t, 202g untilthe final maturity åate written above, together with interest thereon (but only on ámounts as shall have been drawn hereunder, as provided below) from the dates the amounts are drawn hereunder or the most recent payment date to which interest has been paid, at the rate of 2.365%per annum, calculated on thJbasis of a 360-day year made up of twelve 30-day months, ,uòh int"r"rt teing payable on the first days of May and November of each year, with the first interest being payable on May l'2027 ' The principal amount evideneed by this Bond may be drawn upon by the Municipalþ in accordance with the Financial Assistance Agreement entered by and between the Municipality and the State of Wisconsin by the Department of Natural Resources and the Department of Administration includin g capitalized interest transferred (if any). The principal amounts so drawn shall be repaid inlnstãilments on May I of each yeal commencing on May t,2029 inan amount equal to ån amount which when amortized over the remaining term of this Bond plus "r"-.nt payments of interest (but only on amounts drawn hereunder) at Two and-365/1000ths percent (2:3 65yo)peruoournìhuil reiult in equal annual payments of the total of principal and the semiannual payments of interest. The State of Wisconsin Department of Administration shall record such draws *d roorrponding principal repayment schedule on a cumulative basis in the format shown on the attached Schedule A. QB\103733814.1 Both principal and interest hereon are hereby made payable to the registered olvner in lawful money of the United States of America. On the final maturity date, principal of this Bond shall be payable only upon presentation and surrender of this Bond at the office of the Municipal Treasurer. Principal hereof and interest hereon shall be payable by electronic transfer or by check or draft dated on or before the applicable payment date (as directed by the registered owner) and if by check or dtaft, mailed from the office of the Municipal Treasurer to the person in whose name this Bond is registered at the close of business on the fifteenth day of the calendar month next preceding such interest payment date. This Bond shall not be redeemable prior to its maturity, except with the consent of the registered owner. This Bond is transferable only upon the books of the Municipality kept fsr that purpose at the offlroe of the Municipal Treasurer, by the registered owner in person or its duly authorized attorney, upon sunender of this Bond, together with a written instrument of transfer (which may be endorsed hereon) satisfactory to the Municipal Treasurer, duly executed by the registered owner or its duly authorized attorney. Thereupon a replacement Bond shall be issued to the transferee in exchange therefor. The Municipality may deem and treat the person in whose name this Bond is registered as the absolute owner hereof for the purpose of receiving payment of or on account of the principal or interest hereof and for all other purposes. This Bond is issuable solely as a negotiable, fully-registered bond, without coupons, and in denominations of $0.01 or any integral multiple thereof. This Bond is issued for the purpose of providing for the payment of the cost of constructing improvements to the Waterworks System of the Municipality, pursuant to Article XI, Section 3, of the Wisconsin Constitution, Section 66.Q621, 'Wisconsin Statutes, and a resolution adopted August 18,2026, and entitled: "Resolution Authorizing the Issuanoe and Sale of Up to $56,934,626 Waterwolks System Revenue Bonds, Series 2026, and Providing for Other Details and Covenants V/ith Respect Thereto, and Approval of Related Financial Assistance Agreement" (the "Resolution") and is payable only from the income and revenues of the 'Waterworks System of the Municipality (the "Utility"). Such revenues have been set aside and pledged as a special fund for that purpose and identified as "Special Redemption Fund," created by a resolution adopted by the Governing Body on October 15, 1991, and continued by the Resolution. The Bonds are issued on a basis junior and subordinate to the Municipality's Taxable Waterworks System Revenue Refunding Bonds, Series 2020F, dated November 18, 2020 and on a parity with the Municipality's Waterworks System Revenue Bonds, Series 2010, dated January 73,2010, Waterworks System Revenue Bonds, Series 2017, dated November 23,20II, Waterworks System Revenue Bonds, Series 2013, dated May 8, 2013 and Waterworks System Revenue Bonds, Series 2}l4,dated May 28,2014, as to the pledge of income and revenues of the Utility. This Bond does not constitute an indebtedness of said Municipality within the meaning of any constitutional or statutory debt limitation or provision. -2- QB\103733814.1 It is hereby certified, recited and declared that all acts, conditions and things required to exist, happen, and be performed precedent to and in the issuance of this Bond have existed, have happened and have been performed in due time, forrn and manner as required by law; and that sufficient of the income and revenue to be received by said Municipality from the operation of its Utility has been pledged to and will be set aside into a special fund for the payment of the principal of and interest on this Bond. IN WITNESS WHEREOF, the Municipaliry has caused this Bond to be signed by the signatures of its Mayor and City Clerk, and its corporate seal to be impressed hereon, all as of the date of original issue specified above. CITY OF OAK CREEK, WISCONSIN (sEAL) By: Daniel Bukiewicz Mayor By: Catherine A. Roeske City Clerk -3- QB\103733814.1 ASSIGNMENT FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto (Please print or typewrite name and address, including zip code, of Assignee) Please insert Social Seourity or other identifying number of Assignee the within Bond and all rights thereunder, hereby irrevocably constituting and appointing Attomey to transfer said Bond on the books kept for the registration thereof with full power of substitution in the premises. Dated: NOTICE: The signature of this assignment must correspond with the name as it appears upon the face of the within Bond in every particular, without alteration or enlargement or any change whatever. Signature(s) guaranteed by -4- QB\r037338 r4.l SCHEDULE A 956,934,626 CITY OF OAK CREEK, WISCONSIN WATERWORKS SYSTEM REVENUE BONDS, SERIES 2026 Amount of Disburse- nient Date of Disbursement Series of Bonds Principal Repaid Principal Balance A-1 QB\103733814,r Date ' SCHEDULE A (continued) PRINCIPAL REPAYMENT SCHEDULE Principal Amount May May May May May May May May May May May May May May May May May May 1, 7, 1, 1, 1, t, 1, 1, 1, 1o 1, 1, 1, 1o 1, 1, 1, l, 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 $2,574,1,12,42 2,634,990.18 2,697,307,70 2,761,099.02 2,826,399.02 2,893,243.35 2,961,668,56 3,031,712,02 3,r03,41,2.01 3,176,807.70 3,25r,939.24 3,328,847.57 3,407,574,8I 3,488,163.96 3,570,659,03 3,655,105.I2 3,747,548.36 3,830,035.97 A-2 QB\1037338t4.1 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F State of Wisconsin DEPARTMENT OF NATURAL RESOURCES 101 S. Webster Street Box7921 Madison Wl 53707-792'l Tony Everc, Governor Karen Hyun, Ph.D., Secretary Telephone ø08-26e-2621 Toll Free 1 -888-936-7463 TTY Access via relay - 7'l'l August 11,2026 BRIAN JOHNSTON, DIRECTOR OF UTILITIES CITY OF OAK CREEK 8O4O SOUTH 6TH STREET PO BOX 27 OAK CREEK WI 53154 SUBJECT Safe Drinking Water Loan Program, Project No. 4869-08 Construct New Chlorine Contact Tank, UV Disinfection, Lift Pumps, and Piping Financial Assistance Agreement - September 9, 2026 Dear Mr. Johnston Your project manager prepared the following documents for your Safe Drinking Water Loan Program (SDWLP) loan closing: 1. SDWLP Loan Closing Schedule -Attachment I 2. Financial Assistance Agreement Summary/Distribution Sheet - Attachment 2 3. FinancialAssistanceAgreement(FAA) To close the loan on September 9,2026, we need to follow the Loan Closing Schedule (Attachment 1). The City of Oak Creek has three (3) working days upon receipt of wired SDWLP funds to do one or more of the following: 1. Pay the project invoices identified in the SDWLP disbursement request. 2. Reimburse an internal municipal account from which eligible project costs were paid. This reimbursement must adhere to current U.S. Treasury Regulations. 3. Disburse payments to the bank or financial institution for projects that are being refinanced. Execution of the FAA creates a binding obligation in all respects. Any negotiation of terms and conditions or determinations must occur prior to adoption of the Municipal Obligation Resolution and execution of the enclosed FAA document. The Project Manager Summary Page (Exhibit F of the FAA) further explains certain assumptions and decisions affecting preparation of your FAA. Please contact your project manager, Ryan Atkinson, at 608-640-0510, for assistance with execution of the FAA, Request for Disbursement (Form 8700-215), or other SDWLP documents. Thank you for your interest in the Safe Drinking Water Loan Program. Sincerely, Becky Scott, Section Manager Environmental Loans Section Bureau of Community Financial Assistance Electronic Copies Jacob Lichter, Quarles & Brady LLP - Milwaukee Jamie Behrens, Jacobs Engineering Group - Milwaukee Brent Binder - DNR SE/Milwaukee Capital Finance Office - DOA/10 OEPT, OF NATURAL BESOURCES \^/ISCONSIN dnu-gov rco(xrgn-gpv NaturøllywlscoNSIN 6rw",- Docusign Envelope lD: 4CBDB3F8-4BBB-8D86-8232-09E6E43D762F Page 2 ATTACHMENT #I Safe Drinking Water Loan Program Project No. 4869-08 City of Oak Creek Construct New Chlorine Contact Tank, UV Disinfection, Lift Pumps, and Piping Financial Assistance Agreement - Closing Schedule By July 28,2026: Department of Natural Resources (DNR) project manager distributes FinancialAssistance Agreement (FAA) to Department of Administration (DOA)for review. ByAugust 11,2026: Quarles & Brady LLP distributes draft Municipal Obligation Resolution and other bond documents to the City of Oak Creek and DOA for review. Project manager sends FAA to municipality. On August 18,2026l. Municipality holds properly noticed meeting at which time: 1. Municipal Obligation Resolution is adopted. 2. Bond related documents are signed by municipalofficials' 3. DNR FAA is signed by municipal officials using DocuSign. NOTE: Most documents must be signed by Highest Elected Official & ClerUSecretary and some documents must have municipal seal applied. Do not sign any Exhibits. By September7,2026: Quarles & Brady LLP sends original signed and sealed Bond R-1 and emails a copy of the fully executed bond transcript to DOA. September 9,2026: Loan Closing Day. Quarles & Brady LLP contacts municipality and DOA to confirm that closing may proceed, and DOA wire transfers the first disbursement to municipal bank account. Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6843D762F Safe Drinking Water Loan Program Project No' 4869-08 City of Oak Creek Construct New Chlorine Contact Tank, UV Disinfection, Lift Pumps, and Piping Financial Assistance Agreement Summary Distribution Sheet LOAN INFO Total Project Amount: $56,934,626 Pledge: Watenruorks SYstem Revenue Federal Equivalency Project: Yes Page 3 ATTACHMENT #2 SDWLP Funding Amount: $56,934,626 Lien Priority: Junior-Parity Loan Term: 20 Years Composite lnterest Rate: 2.365% DOCUMENT INFO Date of Municipal Obligation Resolution - August 18,2026 CLOSING INFO Refinancing: None Date of Refinancing: N/A Estimated First Disbursement: $2,1 91,375.08 MUNICIPAL INFO Municipal lD: 40265 Substantial Completion Date: March 9, 2029 Plans and Specifications: W-2025-0509, approved July 24,2025 DISTRIBUTION Department of Natural Resources Ryan Atkinson Bureau of Community Financial Assistance 101 South Webster Street, 2nd Floor PO Box7921 Madison W 53707-7921 608-640-051 0 ryan.atkinson@wisconsin.gov Municipalitv Brian Johnston City of Oak Creek 8040 South 6th Street Oak Creek Wl 53154 414-766-6624 bjoh nston@oakcreekwi. gov Municioal Bond Counsel Jacob Lichter Quarles & Brady LLP 411 East Wisconsin Avenue Milwaukee W 53202-4426 414-277-5000 jacob. lichter@quarles.com Deoartment of Administration Andrea Ceron State of Wisconsin DOA Capital Finance Office 101 EastWilson Street, 1Oth Floor PO Box 7864 Madison W 53707-7864 608-267-0374 and rea. ce ron@wisconsin. gov Enqineerinq Firm Jamie Behrens Jacobs Engineering Group 1610 North 2nd Street, Suite 201 Milwaukee W 53212 414-272-2426 jamie.behrens@jacobs.com Docusign Envelope lD: 4CBD83F8-4BBB-8D86-8232-09E6E43D762F State of \Msconsin Department of Natural Resources Bureau of Community Financial Assistance 101 South Webster Street PO Box 7921 Madison, Wsconsin 53707-7921 Financial Assistance Agreement Safe Drinking Water Loan Program Form8700-214 rev 1126 STATE OF WISCONSIN SAFE DRINKING WATER LOAN PROGRAM STATE OF WISCONSIN DEPARTMENT OF NATURAL RESOURCES DEPARTMENT OF ADMINISTRATION and CITY OF OAK CREEK $56,934,626 FI NANCIAL ASSI STANCE AGREEM ENT Dated as of Septembet 9,2026 ThisconstitutesaundertheStateofWisconsin'sSafeDrinkingWater Loan Program. This agreement is awarded pursuant to ss. 28'1 .59 and 281 .61, Wis. Stats. The purpose of this agreement is to award financial assistance from the Safe Drinking Water Loan Program. This agreement also discloses the terms and conditions of this award. This agreement is only effective when signed by authorized officers of the municipality, the State of Wisconsin Department of Natural Resources, and the State of Wisconsin Department of Administration. The Department of Natural Resources and the Department of Administration may rescind or terminate this agreement if the municipality fails to comply with the terms and conditions contained within. Any determination or certification made in this agreement by the Department of Natural Resources or the Department of Administration is made solely forthe purpose of providing financial assistance underthe Safe Drinking Water Loan Program. Municipal ldentification No. 40265 Safe Drinking Water Loan Program Project No. 4869-08 Docus¡gn Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F Section 1.0'1. Definitions Section '1.02. Rules of lnterpretation TABLE OF CONTENTS ARTICLE I DEFINITIONS; RULES OF INTERPRETATION ARTICLE II REPRESENTATIONS 2 5 Section 2.01. Representations of the SDWLP Section 2.02. Representations of the Municipality Section 3.01. Section 3.02. Section 3.03. Section 3.04. Section 3.05. Section 3.06. Section 3.07. Section 3.08. Section 3.09. Section 4.01 Section 4.02 Section 4.03 Section 4.04 Section 4.05 Section 4.06 Section 5.0'1. Section 5.02. Section 5.03. Section 5.04. Section 5.05. Section 5.06. Section 5.07. Section 5.08. Section 5.09. Section 5.10. Section 5.1'1. Section 5.12. Section 5.13. Section 5.14. 5 þ ARTICLE III LOAN PROVISIONS Loan Clauses Type of MunicipalObligation and Security Loan Amortization Sale and Redemption of Municipal Obligations Disbursement of Loan Proceeds Remedies Security for the Loan Effective Date and Term OtherAmounts Payable ARTICLE IV CONSTRUCTION OF THE PROJECT lnsurance Construction of the Project Performance Bonds Completion of the Project Payment of Additional Project Costs No Warranty Regarding Condition, Suitability, or Cost of Project ARTICLE V COVENANTS Application of Loan Proceeds Operation and Maintenance Compliance with Law Public Ownership Establishment of Project Accou nts; Audits Records ProjectAreas Engineering lnspection Tax Covenants User Fee Covenant Notice of lmpaired System Hold Harmless Nondiscrimination Covenant Employees II l0 10 10 11 12 12 12 13 13 13 13 14 14 14 14 '15 15 15 15 15 15 16 16 '16 17 17 17 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F Adequate Funds Management Reimbursement Unpaid User Fees Rebates Maintenance of Legal Existence Wage Rate Requirements American lron and Steel and Build America, Buy America Federal Single Audit Federal Eq u ivalency Project ARTICLE VI MISCELLANEOUS Notices Binding Effect Severability Amendments, Supplements, and Modifications Execution in Counterparts Applicable Law Benefit of Financial Assistance Agreement Further Assurances Assignment of Municipal Obligations Covenant by Municipality as to Compliance with Program Resolution Termination Rescission PROJECT BUDGET SHEET LOAN AMORTIZATION SCHEDULE FEDERAL REQUIREMENTS COMPLIANCE CERÏIFICATION OPERATING CONTRACTS uTrLrzATroN oF DISADVANTAGED BUSINESS ENTERPRISES (DBE) PROJECT MANAGER SUMMARY PAGE LIST OF FEDERAL LAWS AND AUTHORITIES Section Section Section Section Section Section Section Section Section Section 5.15. 5.1 6. 5.17. 5.18. 5.19. 5.20. 5.21. 5.22. 5.23. 5.24 17 17 18 18 18 18 '18 l8 19 '19 Section Section Section Section Section Section Section Section Section Section Section Section 6.01. 6.02. 6.03. 6.04. 6.05. 6.06. 6.07. 6.08. 6.09. 6.10. 6.11. 6.12. 19 20 20 20 20 20 20 20 20 20 21 21 EXHIBITA EXHIBIT B EXHIBIT C EXHIBIT D EXHIBIT E EXHIBIT F EXHIBIT G Docusign Envelope lD: 4CBD83F8-4BBB-8D86-8232-09E6E43D762F WITNESSETH: WHEREAS, this is a FINANCIAL ASSISTANCE AGREEMENT (the "FAA"), dated September 9, 2026, between the STATE OF WISCONSIN Safe Drinking Water Loan Program (the'SDWLP'), by the Department of Natural Resources (the "DNR") and the Department of Administration (the "DOA"), acting under authority of ss. 281 .59 and 281.61 , Wis. Stats., as amended (the "Statute"), and the City of Oak Creek, a municipality within the meaning of the Statute, duly organized and existing under the laws of the State of Wisconsin (the "Municipality"); and WHEREAS, the United States, pursuant to the Federal Safe Drinking Water Act Amendments of 1996 (the "Act"), requires each state to establish a drinking water revolving loan fund to be administered by an instrumentality of the state before the state may receive capitalization grants for eligible projects from the United States Environmental Protection Agency (the "EPA"), or any successor which may succeed to the administration of the program established by the Act; and WHEREAS, the State of Wisconsin, pursuant to the Statute, established the SDWLP to be used in part for purposes of the Act; and WHEREAS, the State of Wisconsin, pursuant to s. 25.43, Wis. Stats., established a State of Wisconsin Environmental lmprovement Fund which includes the SDWLP; and WHEREAS, DNR and DOA have the joint responsibility to provide SDWLP financial assistance to municipalities for the construction of eligible drinking water projects, all as set forth in the Statute; and WHEREAS, the Municipality submitted to DNR an application for financial assistance (the 'Application") for a project (the "Project"), and DNR has approved the Application and determined the Application meets DNR criteria for Project eligibility established in applicable state statutes and regulations; and WHEREAS, DNR determined that the Municipality and the Project are not ineligible for financial assistance under s. 281.61(29), Wis. Stats.; and WHEREAS, DOA determined the SDWLP will provide financialassistance to the Municipality by making a loan (the "Loan") pursuant to s. 281.59(9), Wis. Stats., for the purposes of that subsection; and WHEREAS, the Municipality pledged the security, if any, required by DOA, and the Municipality has demonstrated to the satisfaction of DOA the financial capacity to ensure sufficient revenues to operate and maintain the Project for its useful life and to pay debt service on the obligations it issues for the Project; and WHEREAS, the Municipality certifies to the SDWLP that it has created a dedicated source of revenue, for repayment of the Loan; and WHEREAS, the Municipality obtained DNR approval of facility plans or engineering reports, and Plans and Specifications for the Project, subject to the provisions of applicable State environmental standards set forth in law, rules, and regulations; NOW, THEREFORE, in consideration of the promises and of the mutualrepresentations, covenants, and agreements herein set forth, the SDWLP and the Municipality, each binding itself, its successors, and its assigns, do mutually promise, covenant, and agree as follows: Docusign Envelope lD: 4CBD83F8-4BBB-8D86-8232-0986843D762F ARTICLE I DEFINITIONS; RULES OF INTERPRETATION Section 1.01 . Definitions The following capitalized terms as used in this FAA shall have the following meanings: "Act" means the federal Safe Drinking Water Acl, 42 U.S'C. 300f to 300j-26' "American lron and Steel" means the requirements for using American iron and steel as mandated under EPA's Drinking Water State Revolving Fund program. "Application" means the written application of the Municipality dated June 26, 2025, for financial assistance under the Statute. "Bonds" means bonds or notes issued by the State pursuant to the Program Resolution, all or a portion of the proceeds of which shallbe applied to make the Loan. "Build America, Buy America" means Title lX of the lnfrastructure lnvestment and Jobs Act, Publ. L. No. 117-58, SS 70901-52. "Business Day" means any day on which State offices are open to conduct business. "Code" means the lnternal Revenue Code of 1986, as amended, and any successor provisions. "CWFP" means the State of Wisconsin Clean Water Fund Program, established pursuant to ss. 281.58 and 281.59, Wis. Stats., and managed and administered by DNR and DOA' "DNR" means the State of Wisconsin Department of Natural Resources and any successor entity. "DOA" means the State of Wisconsin Department of Administration and any successor entity. "EpA" means the United States Environmental Protection Agency or any successor entity that may succeed to the administration of the program established by the Act. "FAA" means this Financial Assistance Agreement. "Fees and Charges" means the costs and expenses of DNR and DOA in administering the SDWLP. "Final Completion" means the Project construction is complete, DNR or agents thereof have certified that the project was constructed according to DNR approved Plans and Specifications and that the facilities are operating according to design, and DNR has completed all necessary Project closeout procedures. "Financial Assistance Agreement" means this FinancialAssistance Agreement between the SDWLP by DNR, DOA, and the Municipality, as the same may be amended from time to time in accordance with Section 6.04 hereof. "Loarì" means the loan or loans made by the SDWLP to the Municipality pursuant to this FAA. "Loan Disbursement Table" means the table with columns for inserting the following information: (a) amount of each disbursement, (b) date of each disbursement, (c) the series of Bonds from which each disbursement is made, (d) principalamounts rePaid, and (e) outstanding principal balance. 2 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-0980843D762F "Municipal Obligation Counsel Opinion" means the opinion of counsel satisfactory to DOA, issued in conjunction with the Municipal Obligations, stating that: (a) this FAA and the performance by the Municipality of its obligations thereunder have been duly authorized by all necessary actions by the governing body of the Municipality, and this FAA has been duly executed and delivered by the Municipality; (b) the Municipal Obligations have been duly authorized, executed, and delivered by the Municipality and sold to the SDWLP; (c) each of this FAA and the Municipal Obligations constitutes a legal, valid, and binding obligation of the Municipality, enforceable against the Municipality in accordance with its respective terms (provided that enforceability thereof may be subject to bankruptcy, insolvency, reorganization, moratorium, and other similar laws affecting creditors' rights heretofore or hereafter enacted to the extent constitutionally applicable and that its enforcement may also be subject to the exercise of judicial discretion in appropriate cases); (d) the Municipal Obligations constitute specialobligations of the Municipalíty secured as to payment of principal, interest, and redemption price by the pledged revenues as set forth therein; (e) interest on the Municipal Obligations is not included in gross income of the owners thereof for federal income taxation purposes under existing laws, regulations, rulings, and judicial decisions; (f) the Municipal Obligations are not "arbitrage bonds" within the meaning of Section 148 of the Code and the arbitrage regulations; and (g) the Municipal Obligations are not "private activity bonds" as defined in Section 141(a) of the Code. "Municipal Obligation Resolution" means that action taken by the governing body of the Municipality authorizing the issuance of the Municipal Obligations. "Municipal Obligations" means the bonds or notes issued and delivered by the Municipality to the SDWLP, a specimen copy of which is included in the Municipal Obligations transcript. "Municipality" means the City of Oak Creek, a "local governmental unit" within the meaning of the Statute, duly organized and existing under the laws of the State, and any successor entity. "Parity Obligations" means the Municipality's $879,848 Waterworks System Revenue Bonds, Series 2010, dated January 13, 2010; its $5,889,583 Waterworks System Revenue Bonds, Series 2011 , dated November 23,2011; its $2,598,203 Watenruorks System Revenue Bonds, Series 2013, dated May I, 2013; its ç5,471,070 Watenruorks System Revenue Bonds, Series 2014, dated May 28, 2014; and any other obligations issued on a parity with the Municipal Obligations pursuant to the restrictive provisions of Section '11 of the MunicipalObligation Resolution. "Plans and Specifications" means the Project design plans and specifications assigned No. W-2025-0509, approved by DNR on July 24,2025, as the same may be amended or modified from time to time in accordance with this FAA. "Program Resolution" means the Amended and Restated Program Resolution for State of Wisconsin Environmental lmprovement Fund Revenue Obligations adopted by the State of Wisconsin Building Commission on February 15,2017, as such may from time to time be further amended or supplemented by Supplemental Resolutions in accordance with the terms and provisions of the Program Resolution. "Progress Payments" means payments for work in place and materials or equipment that have been delivered or are stockpiled in the vicinity of the construction site. This includes payments for undelivered 3 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F spec¡fically manufactured equipment if: (1) designated in the specifications, (2) could not be readily utilized or diverted to another job, and (3) a fabrication period of more than 6 months is anticipated. "Project" means the project assigned SDWLP Project No. 4869-08 by DNR, described in the Project Manager Summary Page (Exhibit F), and further described in the DNR approval lette(s) for the Plans and Specifications, or portions thereof, issued under s. 281.41, Wis. Stats. "Project Costs" means the costs of the Project that are eligible for financial assistance from the SDWLP under the Statute, which are allowable costs under the Regulations, which have been incurred by the Municipality, an estimate of which is set forth in ExhibitA hereto and made a part hereof. "Regulations" means theAct; chs. NR 108, NR 150, NR 151, NR 166, NR 809, NR 810, and NR 8'11, Wis. Adm. Code, the regulations of DNR; and ch. Adm. 35, Wis. Adm. Code, the regulations of DOA, adopted pursuant to and in furtherance of the Statute, as such may be adopted or amended from time to time. "SDWLP" means the State of Wisconsin Safe Drinking Water Loan Program, established pursuant to the Statute and managed and administered by DNR and DOA. "senior Municipal Obligations" means the Municipality's $4,705,000 Taxable Waterworks System Revenue Refunding Bonds, Series 2020F, dated November'18, 2020: and any obligations issued ín the future on a parity with such bonds pursuant to the restrictive provisions of the Municipal Obligation Resolution. "servicing Fee" means any servicing fee that may be imposed by DNR and DOA pursuant to s. 281 .61(5)(b), Wis. Stats., which shall cover the estimated costs of reviewing and acting upon the Application and servicing this FAA, and which the Municipality is obligated to pay as set forth in Section 3.09 hereof. "State" means the State of Wisconsin "Statute" means ss. 281.59 and 281.61, Wis. Stats., as amended. "substantial Completion" means the date on which construction of the Project is sufficiently complete in accordance with the contract documents so that the owner can occupy and utilize the Project for its intended use. "supplemental Resolution" shall have the meaning set forth in the Program Resolution. "Trustee" means the trustee appointed by the State pursuant to the Program Resolution and any successor trustee. "User Fees" means fees charged or to be charged to users of the Project or the Water System of which the Project is a part pursuant to the Water Rates or otherwise. "Water Diversion Permit" means a DNR permit issued to the Municipality under s. 30.18(2), Wis. Stats., to divert water from a stream or lake in Wisconsin. "Water Rates" means a charge or system of charges levied on users of a water system for the user's proportional share of the revenue requirement of a water system which consists of operation and maintenance expenses, depreciation, taxes, and return on investment. "Water System" means allstructures, conduits, and appurtenances by means of which water ís delivered to consumers, except piping and fixtures inside buildings served and service pipes from buildings to street mains. 4 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6843D762F Section 1.02. Rules of lnterpretation Unless the context clearly indicates to the contrary, the following rules shall apply to the context of this FAA: (a) Words importing the singular number shall include the plural number and vice versa, and one gender shall include all genders. (b) All references herein to particular articles or sections are references to articles or sections of this FAA. (c) The captions and headings herein are solely for convenience of reference and shall not constitute a part of this FAA, nor shall they affect its meaning, construction, or effect. (d) The terms "hereby", "hereof', "hereto", "herein", "hereunder", and any similar terms as used in this FAA refer to this FAA in its entirety and not the particular article or section of this FAA in which they appear. The term "hereafter" means after and the term "heretofore" means before the date of delivery of this FAA. (e) All accounting terms not otherwise defined in this FAA have the meanings assigned to them in accordance with generally accepted accounting principles, and all computations provided for herein shall be made in accordance with generally accepted accounting principles. ARTICLE II REPRESENTATIONS Section 2.01. Representations of the SDWLP The SDWLP represents and warrants as follows: (a) The State is authorized to issue the Bonds in accordance with the Statute and the Program Resolution and to use the proceeds thereof to provide funds for the making of the Loan to the Municipality to undertake and complete the Project. (b) The SDWLP has complied with the provisions of the Statute and has full power and authority to execute and deliver this FAA, consummate the transactions contemplated hereby, and perform its obligations hereunder. (c) The SDWLP is not in violation of any of the provisions of the Constitution or laws of the State which would affect its powers referred to in the preceding paragraph (b). (d) Pursuant to the Statute, the SDWLP is authorized to execute and deliver this FAA, and to take actions and make determinations that are required of the SDWLP under the terms and conditions of this FAA. (e) The execution and delivery by the SDWLP of this FAA and the consummation of the transactions contemplated by this FAA shall not violate any indenture, mortgage, deed of trust, note, agreement, or other contract or instrument to which the State is a party, or by which it is bound, or, to the best of the SDWLP's knowledge, any judgment, decree, order, statute, rule, or regulation applicable to the SDWLP; all consents, approvals, authorizations, and orders of governmental or regulatory authorities that are required for the consummation of the transactions contemplated thereby have been obtained. (f) To the knowledge of the SDWLP, there is no action, suit, proceeding, or investigation, at law or in equity, before or by any court, public board, or body, threatened against, pending, or affecting the SDWLP, or, to the knowledge of the SDWLP, any basis therefor, wherein an unfavorable decision, ruling, or finding would adversely affect the transactions contemplated 5 Docusign Envelope lD: 4CBDB3F8-4BBB-8D86-8232-09E6E43D762F hereby or which, in any way, could adversely affect the validity of this FAA or any agreement or instrument to which the State is a party and which is used or contemplated for use in consummation of the transactions contemplated by each of the foregoing. (g) The Project is on the DNR funding list for the 2026 state fiscal year. Section 2.02. Representations of the Municipalitv The Municipality represents and warrants as of the date of 1¡¡s pa¡, anC with respect to paragraphs (n), (s), and (u), covenants throughout the term of this FAA, as follows: (a) The Municipality possesses the legal municipal form of a city under ch. 62, Wis. Stats. The Municipality is located within the State and is a "municipality" within the meaning of the Statute, duly organized and existing under the laws of the State, and has full legal right, power, and authority to: (1) conduct its business and own its properties, (2) enter into this FAA, (3) adopt the Municipal Obligation Resolution, (+¡ issue and deliver the Municipal Obligations to the SDWLP as provided herein, and (S¡ carry out and consummate all transactions contemplated by each of the aforesaid documents. (b) The Municipality is in compliance with its Water Diversion Permit (if any). (c) With respect to the issuance of the Municipal Obligations, the Municipality has complied with the Municipal Obligation Resolution and with all applicable laws of the State. (d) The governing body of the Municipality has duly approved the execution and delivery of this ÈÁn anOlne issuánce and delivery of the Municipal Obligations in the aggregate principal amount of $56,934,626 and authorized the taking of any and all action as may be required on the part of the Municipality and its authorized officers to carry out, give effect to, and consummate the transactions contemplated by each of the foregoing. (e) This FAA and the Municipal Obligations have each been duly authorized, executed, and delivered, and constitute legal, valid, and binding obligations of the Municipality, enforceable in accordance with their respective terms. (f) To the knowledge of the Municipality, there is no action, suit, proceeding, inquiry, or investigation, at law or in equity, before or by any court, public board, or body, threatened against, pending, or affecting the Municipality, or, to the knowledge of the Municipality any basis therefor: (1) affecting the creation, organization, or existence of the Municipality or the title of its officers to their respective offices; (2) seeking to prohibit, restrain, or enjoin the execution of this FAA or the issuance or delivery of the Municipal Obligations; (3) in any way contesting or affecting the validity or enforceability of the Municipal Obligation Resolution, the Municipal Obligations, this FAA, or any agreement or instrument relating to any of the foregoing or used or contemplated for use in the consummation of the transactions contemplated by this FAA; or (4) wherein an unfavorable decision, ruling, or finding could adversely affect the transactions contemplated hereby or by the Municipal Obligation Resolution or the MuniciPal Obligations. 6 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F (g) The Municipality is not in any material respect in breach of or in default under any applicable law or administrative regulation of the State or the United States, any applicable judgment or decree, or any agreement or other instrument to which the Municipality is a party, or by which it or any of its properties is bound, and no event has occurred that, with the passage of time, the giving of notice, or both, could constitute such a breach or default. The execution and delivery of this FAA, the issuance and delivery of the Municipal Obligations, the adoption of the Municipal Obligation Resolution, and compliance with the respective provisions thereof shall not conflict with, or constitute a breach of or default under, any applicable law or administrative regulation of the State or of the United States, any applicable judgment or decree, or any agreement or other instrument to which the Municipality is a party, or by which it or any of its property is bound. (h) The MunicipalObligations constitute validly-issued legally-binding specialobligations of the Municipality secured as set forth therein. (i) The resolutions of the Municipality accepting the Loan and the Municipal Obligation Resolution have been duly adopted by the Municipality and remain in full force and effect as of the date hereof. fi) The Municipality has full legal right and authority, and all necessary permits, licenses, easements, and approvals (other than such permits, licenses, easements, or approvals that are not by their nature obtainable prior to Substantial Completion of the Project) required as of the date hereof to own the Project, carry on its activities relating thereto, undertake and complete the Project, and carry out and consummate all transactions contemplated by this FAA. (k) The Municipality represents that it has not made any commitment or taken any action that shall result in a valid claim for any finders' or similar fees or commitments in respect to the issuance and sale of the Municipal Obligations and the making of the Loan under this FAA. (l) The Project is eligible under s. 281.61(2), Wis. Stats., for financing from the SDWLP, and the Project Costs are equal to or in excess of the principal amount of the Municipal Obligations. The Project has satisfied the requirements of the State Environmental Review Procedures contained in the Regulations. Portions of the Project that are ineligible for financing from the SDWLP are listed within the Project Manager Summary Page attached hereto as Exhibit F. The Municipality intends the Project to be eligible under the Statute throughout the term of this FAA. (m) All amounts shown in Exhibit A of this FAA are costs of a Project eligible for financial assistance from the SDWLP under the Statute. All proceeds of any borrowing of the Municipality that have been spent and which are being refinanced with the proceeds of the Loan made hereunder have been spent on eligible Project Costs. All Project Costs are reasonable, necessary, and allocable by the Municipality to the Project under generally accepted accounting principles. None of the proceeds of the Bonds shall be used directly or indirectly by the Municipality as working capital or to finance inventory, as opposed to capital improvements. (n) The Project is and shall remain in compliance with all applicable federal, state, and local laws and ordinances (including rules and regulations) relating to zoning, building, safety, and environmentalquality. The Municipality has complied with and completed all requirements of DNR necessary to commence construction of the Project prior to the date hereof. The Municipality intends to proceed with due diligence to complete the Project pursuant to Section 4.04 hereof. (o) The Municipality does not intend to lease the Project or enter into a long-term contract for operation of the Project except as set forth in Exhibit D. 7 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-0986E43D762F (p) The Municipality shall not take or omit to take any action which action or omission shall in any way cause the proceeds of the Bonds to be applied in a manner contrary to that provided in the Program Resolution. (q) The Municipality has not taken and shall not take any action, and presently knows of no action that any other person, firm, or corporation has taken or intends to take, that would cause interest on the Municipal Obligations to be includable in the gross income of the owners of the Municipal Obligations for federal income tax purposes. The representations, certifications, and statements of reasonable expectation made by the Municipality as referenced in the Municipal Obligation Counsel Opinion and No Arbitrage Certificate are hereby incorporated by this reference as though fully set forth herein. (r) Other than (1) "preliminary expenditures" as used in Treas. Regs. 26 CFR 1.150-2 in an amount not exceeding20% of the principalamount of the MunicipalObligations, or (2) an amount not exceeding the lesser of $100,000 or 5% of the principal amount of the Municipal Oblígations, all of the proceeds of the Bonds loaned to the Municipality (other than refunding proceeds, if any) shall be used for Project Costs paid by the Municipality subsequent to a date which is 60 days prior to the date on which the Municipality adopted a reimbursement resolution pursuant to Treas. Regs. 26 CFR 1 .150-2 stating its intent to reimburse other funds of the Municipality used to finance the Project, or subsequent to the issuance date of the Municipal Obligations. (s) The Municipality represents that it has satisfied and shall continue to satisfy all the applicable requirements in ss. 281.61(4), (5), and (8m), Wis. Stats., and ch. NR 166, Wis. Adm. Code. (t) The Municipality has adopted a rate, charge, or assessment schedule that will generate annually sutficient revenue to pay the principal of and interest on the Municipal Obligations. (u) The Municipality is in substantial compliance and shall remain in substantial compliance with all applicable conditions, requirements, and terms of financial assistance previously awarded through any federal construction grants program, the SDWLP or the CWFP. (v) The Municipality has met allterms and conditions contained within and received DNR approval for the Plans and Specifications described in the definitions hereof. (w) The Municipality represents that it submitted to DNR a bid tabulation for the Project with a recommendation to DNR for review and concurrence. The expected Substantial Completion date of the Project is March 9,2029. (x) lf the Municipality fails to make a principal repayment or interest payment after its due date, DOA shall place on file a certified statement of all amounts due under this section and s. 28'1.58 or 281.61 or s. 281.60, 2021 stats. After consulting with DNR, DOA may collect all amounts due by deducting those amounts from any state payments due the municipality or may add a special charge to the amount of taxes apportioned to and levied upon the county under s. 70.60. lf DOA collects amounts due, it shall remit those amounts to the fund to which they are due and notify DNR of that action. (y) The Municipality acknowledges that the State reserves the right upon default by the Municipality hereunder to have a receiver appointed to collect User Fees from the operation of the Water System or, in the case of a joint utility system, to bill the users of the Water System directly. (z) The representations of the Municipality in the Application are true and correct as of the date of this FAA and are incorporated herein by reference as if fully set forth in this place. I Docusign Envelope ID: 4C8DB3F8-4BBB-8D86-8232-0986843D762F (aa) There has been no material adverse change in the financial condition or operation of the Municipality or the Project since the submission date of the Application. (bb) The Municipality submitted a water rate application to the Public Service Commission. This waier rate application is for Water Rates that shall generate sufficient revenues, together with other funds available to the Municipality, to pay all costs of operating and maintaining the facilities of the Municipality's entire Water System, in accordance with this FAA. The Municipality implemented'the Water Rates upon the Wisconsin Public Service Commission's approval of the rate order. ARTICLE III LOAN PROVISIONS Section 3.01. Loan Clauses (a) Subject to the conditions and in accordance with the terms of this FAA, the SDWLP hereby àgre"s to make the Loan and the Municipality agrees to accept the Loan- As_evidence of the Lóan made to the Municipality, the Municipality hereby agrees to sell to the SDWLP Municipal Obtigations in the aggregate principal amount of $56,934,626. The SDWLP shall pay for the Municipal Obligations in lawful money of the United States, which shall be disbursed as provided in this FAA. (b) Prior to disbursement, Loan proceeds shall be held by the SDWLP or by the Trustee for the account of the SDWLP. Earnings on undisbursed Loan proceeds shall be for the account of the SDWLP. Loan proceeds shall be disbursed only upon submission by the Municipality of disbursement requests and approvalthereof as set forth in Section 3.05 hereof. (c) The Loan shall bear interest at the rate of two and 365/1000ths percent (2.3650/o) per annum, ànd ¡nterest shall accrue and be payable only on Loan proceeds actually disbursed from the date of disbursement until the date such amounts are repaid. (d) The Department of Administration shall maintain a Loan Disbursement Table on its website Ètto://eif.doa.wi.oov/start.asp. DOA shall make entries as each disbursement is made and as eacl.frincþal arnount is repaid; the SDWLP and the Municipality agree that such entries shall be mutually binding. (e) Upon Final Completion of the Project, DOA may request that the Municipality issue substitute Municipal Obligations in the aggregate principal amount equal to the outstanding principal balance of the Loan. (f) The Municipality shall deliver, or cause to be delivered, a Municipal Obligation Counsel tjpinion to the SDWLP concurrently with the delivery of the Municipal Obligations. Section 3.02. Tvpe of Municipal Obliqation and Securitv The Municipality's obligation to meet annual debt service requirements shall be a revenue obligation evidenced by issuance of revenue bonds pursuant to s. 6b.0621, Wis. Stats. The security for the Municipality's obligation shall be a pledge of reuenues to be derived from the Water System, and the Municipality shall agree that, if revenues from the Water System are insufficient to meet annual debt service requirements, the Municipality shall purchase water services in amounts sufficient to meet annual debt service requirements as provided in and set forth in Section 9 of the Municipal Obligation Resolution. The annual revenues net of all current expenses shall be equal to not less than the annual principal and interest requirements on the Senior Municipal Obligations, the Municipal Obligations, any Parity Obligations, and any other debt obligations I Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F payable from the revenues of the Water System then outstanding, times the greater of (i) 110 percent or (ii) the highest debt service coverage ratio required with respect to the Senior Municipal Obligations, any Parity Obligations, or any other debt obligations payable from the revenues of the Water System then outstanding. As of the date of this FAA, the required debt service coverage ratio is '125 percent; however, this percentage is subject to change as outlined in the prior sentence. The Loan is also secured as provided in Section 3.07 hereof. Section 3.03. Loan Amortization Principaland interest payments on the Loan (and on the Municipal Obligations evidencing the Loan) shall be due on the dates set forth in Exhibit B of this FAA. The payment amounts shown on Exhibit B are for informational purposes only and assume the fullamount of the Loan is disbursed to the Municipality on September 9,2026. lt is understood that the actual amount of the Municipality's Loan payments shall be based on the actual dates and amounts of Loan disbursements for the Project. Notwithstanding the foregoing or anything in the Municipal Obligations, the Loan shall be for no longer than twenty (20) years from the date of this FAA and shall mature and be fully amortized not later than twenty (20) years after the original issue date of the Municipal Obligations. Repayment of principal on the Loan shall begin not later than twelve (12) months after the expected or actual Substantial Completion date of the Project. Section 3.04. Sale and Redemption of Municipal Obliqations (a) Municipal Obligations may not be prepaid without the prior written consent of the SDWLP The SDWLP has sole discretion to withhold such consent. (b) The Municipality shall pay all costs and expenses of the SDWLP in effecting the redemption of the Bonds to be redeemed with the proceeds of the prepayment of the Municipal Obligations. Such costs and expenses may include any prepayment premium applicable to the SDWLP and any investment losses incurred or sustained by the SDWLP resulting directly or indirectly from any such prepayment. (c) Subject to subsection (a), the Municipality may prepay the Loan with any settlements received from any third party relating to the design or construction of the Project. (d) Prepayments of the Municipal Obligations shall be applied pro rata to all maturities of the Municipal Obligations. Section 3.05. Disbursement of Loan Proceeds (a) Each disbursement request shall be delivered to DNR. Each request must contain invoices or other evidence acceptable to DNR and DOA that Project Costs for which disbursement of Loan proceeds is requested have been incurred by the Municipality. (b) The SDWLP, through its agents or Trustee, plans to make disbursements of Loan proceeds on a semimonthly basis upon approval of each disbursement request by DNR and DOA. Such approval by DNR and DOA may require adjustment and corrections to the disbursement request submitted by the Municipality. The Municipality shall be notified whenever such an adjustment or correction is made by DNR or DOA. (c) Disbursements made to the Municipality are subject to pre- and post-payment adjustments by DNR or DOA. (1) lf the Loan proceeds are not yet fully disbursed, and SDWLP funds were previously disbursed for costs not eligible for SDWLP funding or not eligible under this FAA, the SDWLP shall make necessary adjustments to future disbursements. (2) lf the Loan proceeds are fully disbursed, including disbursements for any costs not eligible for SDWLP funding or not eligible under this FAA, the Municipality agrees to 10 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6843D762F repay to the SDWLP an amount equal to the non-eligible costs within 60 days of notification by DNR or DOA. The SDWLP shallthen apply the amount it receives as a Loan prepayment. (d) The SDWLP or its agent shall disburse Loan proceeds only to the Municipality's account by electronic transfer of funds. The Municipality hereby covenants that it shall take actions and provide information necessary to facilitate these transfers. (e) Disbursement beyond ninety-five percent (95%) of the principal amount of the Loan, unless otherwise agreed to by DNR and DOA pursuant to a written request from the Municipality, may be withheld until: (1) DNR is satisfied that the Project has been completed in accordance with the Plans and Specifications, and DNR has approved all change orders relating to the Project; (2) the Municipality certifies to DNR its acceptance of the Project from its contractors; (3) the Municipality certifies in writing to DNR its complíance with applicable Federal requirements (certification must be as prescribed on Exhibit C); and (4) DNR certifies in writing to DOA the Municipality's compliance with all applicable requirements of this FAA. (f) Treas. Regs. 26 CFR S 1 .148-6(dX1)(iii) applies to project expenditures; it states, in part, "An issuer must account for the allocation of proceeds to expenditures not later than '18 months after the later of the date the expenditure is paid or the date the project, if any, that is financed by the issue is placed in service". Section 3.06. Remedies (a) lf the Municipality: (1) or any authorized representative is not complying with federal or state laws, regulations, or requirements relating to the Project, and following due notice by DNR the Project is not brought into compliance within a reasonable period of time; or (2) is not complying with or is in violation of any provision set forth in this FAA; or (3) is not in compliance with the Statute or the Regulations; then DNR may, until the Project is brought into compliance or the FAA non-compliance is cured to the satisfaction of DNR or DOA, impose one (1) or more of the following sanctions: (i) Progress payments or disbursements othenruise due the Municipality of up to 20o/o ma! be withheld. (ii) Project work may be suspended. (¡ii) DNR may request a court of appropriate jurisdiction to enter an injunction or afford other equitable or judicial relief as the court finds appropriate. (iv) Other administrative remedies may be pursued. (b) lf the Municipality fails to make any payment when due on the Municipal Obligations or fails to observe or perform any other covenant, condition, or agreement on its part under this FAA for a period of thirty (30) days after written notice is given to the Municipality by DNR, specifying the 11 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F default and requesting that it be remedied, the SDWLP is provided remedies by law and this FAA. These remedies include, but are not limited to, the following rights: (1) Pursuant to s. 281 .59(1 1Xb), Wis. Stats., DOA shall place on file a certified statement of all amounts due the SDWLP under this FAA. DOA may collect all amounts due the SDWLP by deducting those amounts from any State payments due the Municipality, or adding a special charge to the amount of taxes apportioned to and levied upon the county in which the Municipality is located under s. 70.60, Wis. Stats. (2) The SDWLP may, without giving bond to the Municipality or anyone claiming under it, have a receiver appointed for the SDWLP's benefit of the Project and the Water System and of the earnings, income, rents, issues, and profits thereof, with such powers as the court making such appointment shallconfer. The Municipality hereby irrevocably consents to such aPPointment. (3) ln the case of a joint utility system, the SDWLP may bill the users of the Water System directlY. (4) The SDWLP may declare the principal amount of the Municipal Obligations immediately due and PaYable. (5) The SDWLP may enforce any right or obligation under this FAA, including the right to seek specific performance or mandamus, whether such action is at law or in equity. (6) The SDWLP may increase the interest rate set forth in Sêction 3.01 hereof to the market interest rate as defined in the Statute and Regulations. Section 3.07. Securitv for the Loan ln accordance with the terms of the Municipal Obligation Resolution: (a) as security for the Loan hereunder, the Municipality hereby pledges the revenue to be derived from the Municipality's Water Rates (which is a dedicated source of revenue); and (b) other than as already pledged to the outstanding Parity Obligations and Senior Municipal Obligations, the Municipality shall not pledge the revenues, except as provided in Section 11 of the Municipal Obligation Resolution, to be derived from the Municipality's Water Rates or other revenues pledged under Section 3.07(a) above, to any person other than the SDWLP, unless the revenues pledged to such other person meet the highest debt coverage ratio then applicable to the Municipality Section 3.08. Effective Date and Term This FAA shall become effective upon its execution and delivery by the parties hereto, shall remain in full force and effect from such date, and shall expire on such date as the Municipal Obligations shall be discharged and satisfied in accordance with the provisions thereof. Section 3.09. Other Amounts Pavable The Municipality hereby expressly agrees to pay to the SDWLP: (a) such Servicing Fee as the SDWLP may impose pursuant to s. 281.61(5Xb), Wis. Stats., which shall be payable in semiannual installments on each interest payment date; such a Servicing Fee shall be imposed upon the Municipality after approval of a future Biennial Finance Plan by the State of Wisconsin Building Commission which contains a Servicing Fee requirement, schedule, and amount; and (b) the Municipality's allocable share of the Fees and Charges as such costs are incurred. Allocable share shallmean the proportionate share of the Fees and Charges based on the outstanding principal of the Loan. 12 Docusign Envelope lD: 4C8D83F8-4BBB-8D86-8232-09E6E43D762F Amounts paid by the Municipality pursuant to this Section 3.09 shall be deposited in the Equity Fund established pursuant to the Program Resolution. ARTICLE IV CONSTRUCTION OF THE PROJECT Section 4.01. lnsurance The Municipality agrees to maintain property and liability insurance for the Water System and Project that is reasonable in amount and coverage and that is consistent with prudent municipal insurance practices for the term of the Loan. The Municipality agrees to provide written evidence of insurance coverage to the SDWLP upon request at any time during the term of the Loan. ln the event the Water System or Project is damaged or destroyed, the Municipality agrees to use the proceeds from its insurance coverage either to repay the Loan or to repair or replace the Water System. Section 4.02. Construction of the Proiect The Municipality shall construct the Project, or cause it to be constructed, to Final Completion in accordance with the Application and the Plans and Specifications. The Municipality shall proceed with the acquisition and construction of the Project in conformity with law and with all applicable requirements of governmental authorities having jurisdiction with respect thereto, subject to such modifications of Plans and Specifications that alter the cost of the Project, use of space, Project scope, or functional layout, as may be previously approved by DNR. Section 4.03. Performance Bonds The Municipality shall provide, or cause to be provided, performance bonds assuring the performance of the work to be performed under all construction contracts entered into with respect to the Project. All performance bonds required hereunder shall be issued by independent surety companies authorized to transact business in the State. Section 4.04. Completion of the Proiect (a) The Municipality agrees that it shall undertake and complete the Project for the purposes and in the manner set forth in this FAA and in accordance with all federal, state, and local laws, ordinances, and regulations applicable thereto. The Municipality shall, with all practicaldispatch and in a sound and economical manner, complete or cause to be completed the acquisition and construction of the Project and do all other acts necessary and possible to entitle it to receive User Fees with respect to the Project at the earliest practicable time. The Municipality shall obtain all necessary approvals from any and all governmental agencies prior to construction which are requisite to the FinalCompletion of the Project. (b) The Municipality shall notify DNR of the Substantial Completion of the Project. The Municipality shall cause to be prepared as-built plans for the Project at or prior to completion thereof. (c) The Municipality shall take and institute such proceedings as shall be necessary to cause and require all contractors and material suppliers to complete their contracts diligently and in accordance with the terms of the contracts including, without limitation, the correcting of defective work. (d) Upon Final Completion of the Project in accordance with the Plans and Specifications, the Municipality shall: (1) certify to DNR its acceptance of the Project from its contractors, subject to claims against contractors and third parties; 13 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F (2) complete and deliver to DNR the completed Utilization of Disadvantaged Business Enterprises (DBE) form attached hereto as Exhibit E of this FAA; (3) prepare and deliver to DNR the completed Federal Requirements Compliance Certification attached hereto as Exhibit C of this FAA;and (4) obtain all required permits and authorizations from appropriate authorities for operation and use of the Project. Section 4.05. Payment of Additional Project Costs (a) ln the event of revised eligibility determinations, cost overruns, and amendments exceeding the Loan amount, the SDWLP may allocate additionalfinancialassistance to the Project. The allocation of additional financial assistance may be in the form of a loan at less than the market interest rate, which is established pursuant to the Statute and Regulations. The allocation of additional financial assistance shall depend upon availability of funds, pursuant to the Statute and the Regulations. (b) ln the event Loan proceeds are not sufficient to pay the costs of the Project in full, the Municipality shall nonetheless complete the Project and pay that portion of the Project Costs as may be in excess of available Loan proceeds, and shall not be entitled to any reimbursement therefor from the SDWLP, or the owners of any Bonds, except from the proceeds of additional financing which may be provided by the SDWLP pursuant to an amendment to this FAA or through a separate financial assistance agreement. Section 4.06. No Warrantv Resardinq Condition, Suitability. or Cost of Proiect Neither the SDWLP, DOA, DNR, nor the Trustee makes any warranty, either express or implied, as to the Project or its condition, or that it shall be suitable for the Municipality's purposes or needs, or that the proceeds of the Loan shall be sufficient to pay the costs of the Project. Review or approval of engineering reports, facilities plans, the Plans and Specifications, or other documents, or the inspection of Project construction by DNR, does not relieve the Municipality of its responsibility to properly plan, design, build, and effectively operate and maintain the Project as required by laws, regulations, permits, and good management practices. DNR or its representatives are not responsible for increased costs resulting from defects in the Plans and Specifications or other Project documents. Nothing in this section prohibits a Municipality from requiring more assurances, guarantees, or indemnity or other contractual requirements from any party performing Project work. ARTICLE V COVENANTS Section 5.01. Application of Loan Proceeds The Municipality shall apply the proceeds of the Loan solely to Project Costs. Section 5.02. Operation and Maintenance (a) After completion of the Project, the Municipality shall: ('1) at all times operate the Project or otherwise cause the Project to be operated properly and in a sound and economical manner, including proper training of personnel; (2) maintain, preserve, and keep the Project or cause the Project to be maintained, preserved, and kept in good repair, working order, and condition; and 14 Docusign Envelope lD: 4CBD83F8-4BBB-8D86-8232-09E6E43D762F (3) periodically make, or cause to be made, all necessary and proper repairs, reptacements, and renewals so that at all times the operation of the Project may be properly conducted in a manner that is consistent with the Project performance standards contained in the Application and the requirements of the Water Diversion Permit (if any). (b) So long as the Loan is outstanding, the Municipality shall not, without the approval of DNR, discontinue operation of, sell, or othenruise dispose of the Water System or Project, except for portions of the Water System sold or othen¡vise disposed of in the course of ordinary repair and replacement of parts. Section 5.03. Compliance with Law At all times during construction of the Project and operation of the Water System, the Municipality shall comply with all applicable federal, state, and local laws, ordinances, rules, regulations, permits, and approvals, and with this FAA, including, without limitation, the Statute, the Regulations, and the Water Diversion Permit (if any). Section 5.04. Public Ownership The Municipality shall at all times retain ownership of the Project and the Water System of which it is a Part. Section 5.05. Establishment of Proiect Accounts: Audits (a) The Municipality shall maintain Project accounts in accordance with generally accepted accounting principles (GAAP), including standards relating to the reporting of infrastructure assets and directions issued by the SDWLP. Without any request the Municipality shall furnish to DOA as soon as available, and in any event within one hundred eighty ('180) days after the close of each fiscal year, a copy of the audit report for such year and accompanying GAAP-based financial statements for such period, as examined and reported by independent certified public accountants of recognized standing selected by the Municipality and reasonably satisfactory to DOA, whose reports shall indicate that the accompanying financial statements have been prepared in conformity with GAAP and include standards relating to the reporting of infrastructure assets. (b) The Municipality shall maintain a separate account that reflects the receipt and expenditure of all SDWLP funds for the Project. All Loan proceeds shall be credited promptly upon receipt thereof and shall be reimbursement for or expended only for Project Costs. The Municipality shall: permit any authorized representative of DNR or DOA, or agents thereof, the right to review or audit all records relating to the Project or the Loan; produce, or cause to be produced, all records relating to any work performed under the terms of this FAA for examination at such times as may be designated by any of them; permit extracts and copies of the Project records to be made by any of them; and fulfill information requests by any of them. Section 5.06. Records The Municipality shall retain allfiles, books, documents, and records relating to construction of the Project for at least three years following the date of Final Completion of the Project, or for longer periods if necessary due to any appeal, dispute, or litigation. All other files and records relating to the Þroject shall be retained so long as this FAA remains in effect. As-built plans for the Project shall be retained for the useful life of the Project. Section 5.07. Proiect Areas The Municipality shall permit representatives of DNR access to the Project and related records at all reasonable times, include provisions in all contracts permitting such access during construction and operation of the Water System, and allow extracts and copies of Project records to be made by DNR representatives. Section 5.08. Enqineering lnspection The Municipality shallprovide competent and adequate inspection of all Project construction under the direction of a professional engineer licensed in the State. The Municipâlity shall direct such engineer to inspect work necessary for the construction of the Project and to determine whether such work has been performed in accordance with the Plans and Specifications. Any 15 Docusign Envelope lD: 4CBDB3F8-4BBB-8D86-8232-09E0E43D762F such work not in accordance with the Plans and Specifications shall be remedied unless such noncompliance is waived bY DNR. Section 5.09. Tax Covenants (a) The Municipality covenants and agrees that it shall not take any action, or omit to take any action, which action oromission would result in the loss of the exclusion of the interest on any Municipal Obligations now or hereafter issued from gross income for purposes of federal income taxation as that status is governed by Section 103(a) of the Code or any successor provision. (b) The Municipality shall not take any action, or omit to take any action, which action or omission would cause its Municipal Obligations to be "private activity bonds" within the meaning of Section 141(a) of the Code or any successor provision. (c) The Municipality shall not directly or indirectly use, or permit the use of, any proceeds of the Bonds (or amounts replaced with such proceeds) or any other funds, or take any action, or omit to take any action, which use or action or omission would cause the Bonds to be "arbitrage bonds" within the meaning of Section 1a8(a) of the Code or any successor provision. The Municipality hereby further covenants to ensure that all amounts actually received by such Municipality from the SDWLP are advanced within three Business Days to the entity submitting the invoice (or to reimburse the Municipality) to which each amount relates, and that all amounts actually received by such Municipality from the SDWLP shall not be invested in any interest- bearing account. (d) The Municipality shall not use (directly or indirectly) the proceeds of the Bonds in any manner that would constitute an "advance refunding" within the meaning of Section 149(dX2) of the Code or any successor provision. Without limiting the foregoing, any proceeds of the Bonds used to repay interim or other prior financing of Project Costs shall be applied within three (3) Business Days of receipt of the proceeds to the payment of principal of such financing. Section 5.10. User Fee Covenant (a) The Municipality hereby certifies that it has adopted and shall charge User Fees with respect to the Project in accordance with applicable laws and the Statute and in amounts such that revenues of the Municipality with respect to the Project shall be sufficient, together with other funds available to the Municipality for such purposes, to pay all costs of operating and maintaining the Project in accordance with this FAA and to pay all amounts due under this FAA and the Municipal Obligations. (b) The Municipality covenants that it shall adopt and shall adequately maintain for the design life of the Project a system of User Fees with respect to the Project. The Municipality covenants that it shall, from time to time, revise and charge User Fees with respect to the Project such that the revenues and funds described in paragraph (a) shall be sufficient to pay the costs described in paragraph (a). Section 5.11. Notice of lmoaired Svstem The Municipality shall promptly notify DNR and DOA in the case of: any material damage to or destruction of the Project or any part thereof; any actual or threatened proceedings for the purpose of taking or otherwise affecting by condemnation, eminent domain, or othenrise, all or a part of the Water System; or any action, suit, or proceeding at law or in equity, or by or before any governmental instrumentality or agency, or any other event which may impair the ability of the Municipality to construct the Project, operate the Water System, or set and collect User Fees as set forth in Section 5.10. '16 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F Section 5.12. Hold Harmless The Municipality shallsave, keep harmless, and defend DNR and DOA, and all their officers, employees, and agents, against any and all liability, claims, and costs of whatever kind and nature for injury to or death of any person or persons and for loss or damage to any property occurring in connection with or in any way incident to or arising out of the construction, occupancy, use, service, operation, or performance of work in connection with the Project, the Water System, or acts or omissions of the Municipality's employees, agents, or representatives. Section 5.13. Nondiscrimination Covenant (a) ln connection with the Project, the Municipality agrees to comply with fair employment practices pursuantto subchapter llof ch. 111, Wis. Stats. This provision shallinclude, but is not limited to, the following: employment, upgrading, demotion, or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship. The Municipality agrees to post in conspicuous places, available for employees and applicants for employment, notices setting forth the provision of the nondiscrimination clause. (b) The Municipality shall incorporate the following provision into all Project contracts which have yet to be executed: "ln connection with the performance of work under this contract, the contractor agrees not to discriminate against any employee or applicant because of age, race, religion, color, handicap, sex, physicalcondition, developmentaldisability, or national origin. The contractor further agrees to comply with fair employment practices pursuant to subchapter ll of ch.111, Wis. Stats. This provision shall include, but not be limited to, the following: employment, upgrading, demotion, or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship. The contractor further agrees to take affirmative action to ensure equal employment opportunities for persons with disabilities. The contractor agrees to post in conspicuous places, available for employees and applicants for employment, notices setting forth the provisions of the nondiscrimination clause." (c) The Municipality shall follow all federal statutes and regulations prohibiting discrimination, without limitation, including the following: (1) Age Discrimination Act, Pub. L. 94-135 (2) Equal Employment Opportunity, Executive Order 11246 (3) Section 13 of the Clean WaterAct, Pub. 1.92-500 (4) Section 504 of the Rehabilitation Act, Pub. L 93-112 supplemented by Executive Orders 11914 and 11250 (5) Title Vl of the Civil Rights Act, Pub. L 88-352 (6) Participation by Disadvantaged Business Enterprises in Procurement, s. NR 162.08(4) and s. NR 166.11(4) Wis. Adm. Code. Section 5.'14. Emplovees The Municipality or its employees or agents are not employees or agents of the DNR or DOA for any purpose including worker's compensation. Section 5.'15. Adequate Funds The Municipality shall have sufficient funds available to repay the Loan The Municipality shall have sufficient funds available when construction of the Project is completed to ensure effective operation and maintenance of the Project for purposes constructed. Section 5.16. Manaqement The Municipality shall provide and maintain competent and adequate management, supervision, and inspection at the construction site to ensure that the completed work 17 Docusign Envelope lD: 4CBD83F8-4BBB-8D86-8232-09E6843D7 62F conforms with the Plans and Specifications. The Municipality shall furnish progress reports and such other information as DNR may require. Section 5.17. Reimbursement Any disbursement made under the Loan to the Municipality in excess of the amount determined by final audit to be due the Municipality shall be reimbursed to DOA within 60 days after DNR or DOA provides a notice stating the amount of excess funds disbursed. Section 5.18. Unpaid User Fees The Municipality shall, to the fullest extent permitted by law, take all actions necessary to certify any unpaid User Fees to the county treasurer in order that such unpaid User Fees shall be added as a special charge to the property tax bill of the user. Section 5.'19. Rebates The Municipality agrees to pay to the SDWLP any refunds, rebates, credits, or other amounts received for Project Costs for which disbursement of funds has already been made by the SDWLP. The SDWLP shall then apply the amount it receives as a Loan prepayment Section 5.20. Maintenance of Leqal Existence (a) Except as provided in par. (b), the Municipality shall maintain its legalexistence and shall not dissolve or otherwise dispose of all or substantially all of its assets and shall not consolidate with or merge into another legalentity. (b) A Municipality may consolidate with or merge into any other legal entity, dissolve or othen¡vise dispose of all of its assets or substantially all of its assets, or transfer all or substantially all of its assets to another legal entity (and thereafter be released of all further obligation under this FAA and the Municipal Obligations) if: (1) the resulting, surviving, or transferee legal entity is a legal entity established and duly existing under the laws of Wisconsin; (2) such resulting, surviving, or transferee legal entity is eligible to receive financial assistance under the Statute; (3) such resulting, surviving, or transferee legal entity expressly assumes in writing all of the obligations of the Municipality contained in this FAA and the Municipal Obligations and any other documents the SDWLP deems reasonably necessary to protect its environmental and credit interests; and (4) the SDWLP consents in writing to such transaction, which consent may be withheld in the absolute discretion of the SDWLP. Section 5.21. Waqe Rate Requirements The Municipality represents that it shall comply with Section 1450(e) of theAct (42 USC 300j-9(e)), which requires that all laborers and mechanics employed by contractors and subcontractors funded directly by, or assisted in whole or in part with, funding under the Loan shall be paid wages at rates not less than those prevailing on projects of a character similar in the locality as determined by the Secretary of Labor (DOL) in accordance with subchapter lV of chapter 31 of title 40, United States Code. Section 5.22. American lron and Steel and Build America. Buv America The Municipality agrees to comply with all federal requirements applicable to the Project, including those imposed by the lnfrastructure lnvestment and JobsAct, which the Municipality understands requires that all iron and steel, manufactured products, and construction materials used in the Project are to be produced in the United States (Build America, Buy America requirements) unless the Municipality requested and obtained a waiver from the cognizant agency pertaining to the Project or the Project is otherwise covered by a general applicability waiver. lf the Municipality is exempt from Build America, Buy America requirements due to a waive¡ the Municipality shall comply with the requirements for use of American lron and Steel contained in Public 18 Docusign Envelope lD: 4CBDB3F8-4BBB-8D86-8232-0986Ê43D762F Law 11 5-114 for products used in the Project that are made primarily of iron and/or steel. lf the Municipality is not exempt from Build America, Buy America requirements, EPA views the American lron and Steel requirements as meeting the iron and steel product requirements of Build America, Buy America Section 70914. The Municipality agrees to comply with all record keeping and reporting requirements under all applicable legal authorities, including any reports required by the funding authority (such as EPA and/or the SÓWte¡, such as records regarding performance indicators of program deliverables, information on costs, and Project progress reports. The Municipality understands that: (i) each contract and subcontract related to the Project is subject to audit by appropriate federal and state entities, and (ii) failure to comply with the applicable legal requirements and this FAA may result in a default hereunder that results in: a repayment of the assistance agreement in advance of the maturity of the Bonds; termination and/or repayment of grants, cooperative agreements, or direct assistance; or other remedial actions. Section 5.23. Federal Sinqle Audit At the time of signing of this FAA, the funds awarded to the Municipality for this Project are considered to be subject to federal single audit requirements, but such consideration may change subsequent to this FAA if any changes are made to federal single audit requirements applicable to municipalities. To the extent applicable, the Municipality shall comply with the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Rewards (Uniform Guidance) For auditor's reference, the SDWLP Project falls under Catalog of Federal DomesticAssistance number 66.468. Without any request the Municipality shall furnish to DOA, at doaeif@wisconsin.qov as soon as available, and in any event within 30 days after completion, the Federal Single Audit. Notification must include acknowledgement of any state revolving fund findings and/or resolution of prior year findings. Section 5.24 . Federal Equivalencv Project The Municipality covenants that the Project shall comply with federal requirements applicable to activities supported with federal funds, a list of which is included as Exhibit G of this FAA. ARTICLE VI MISCELLANEOUS Section 6.01. Notices All notices, certificates, or other communications hereunder shall be sufficiently given, and shall be deemed given, when electronically delivered, hand delivered or mailed by registered or certified mail, postage prepaid, return receipt requested to the addresses set forth below: (a) DEPARTMENT OF ADMINISTRATION OFFICE OF CAPITAL FINANCE SAFE DRINKING WATER LOAN PROGRAM 101 EAST WILSON STREET IOTH FLOOR MADISON Wl 53702-0004 OR PO BOX 7864 MADISON W 53707-7864 (b) DEPARTMENT OF NATURAL RESOURCES BUREAU OF COMMUNITY FINANCIAL ASSISTANCE 101 SOUTH WEBSTER STREET CF/2 MADTSON Wl 53702-0005 OR PO BOX 7921 MADTSON W 53707-7921 19 Docusign Envelope lD: 4CBD83F8-4BBB-8D86-8232-09E6E43D762F (c) US BANK CORP TRUST DIANE PUTZEL EP-MN.WS3T 60 LIVINGSTON AVENUE ST PAUL MN 55I01-2292 (d) clTY oF oAK CREEK 8O4O SOUTH 6TH STREET PO BOX 27 OAK CREEK WI 53,154 Any of the foregoing parties may designate any further or different addresses to which subsequent nofices, certificates, or other communications shall be sent, by notice in writing given to the others. Any notice herein shall be delivered simultaneously to DNR and DOA. Section 6.02. Bindinq Effect This FAA shall be for the benefit of, and shall be binding upon, the SDWLP and the Municipality and their respective successors and assigns. Section 6.03. Severabilitv ln the event any provision of this FAA shall be held illegal, invalid, or unenforceable by any court of competent jurisdiction, such holding shall not invalidate, render unenforceable, or othen¡vise affect any other provision hereof. Section 6.04. Amendments, Supplements, and Modifications This FAA may be amended, supplemented, or modified to provide for additional loans for the Project by the SDWLP to the Municipality or for other purposes. All amendments, supplements, and modifications shall be in writing between the SDWLP (by DNR and DOA acting under authority of the Statute) and the Municipality. Section 6.05. Execution in Counterparts This FAA may be executed in several counterparts, each of which shallbe an original, and allof which shallconstitute but one and the same instrument. Section 6.06. Applicable Law This FAA shall be governed by and construed in accordance with the laws of the State, including the Statute. Section 6.07. Benefit of Financial Assistance Aqreement This FAA is executed, among other reasons, to induce the purchase of the Municipal Obligations. Accordingly, allduties, covenants, obligations, and agreements of the Municipality herein contained are hereby declared to be for the benefit of, and are enforceable by, the SDWLP, the Trustee, or their authorized agents. Section 6.08. Further Assurances The Municipality shall, at the request of DNR and DOA, authorize, execute, acknowledge, and deliver such further resolutions, conveyances, transfers, assurances, financing statements, and other instruments as may be necessary or desirable for better assuring, conveyiñg, granting, assigning, and confirming the rights, security interests, and agreements granted or intended to be granted by this FAA and the Municipal Obligations. Section 6.09. Assiqnment of Municipal Obliqations The Municipality hereby agrees that the Municipal Obligations may be sold, transferred, pledged, or hypothecated to any third party without the consent of the Municipality. Section 6.'10. Covenant by Municipality as to Compliance with Proqram Resolution The Municipality covenants and agrees that it shall comply with the provisions of the Program Resolution with respect to the Municipality ánd that the Trustee and the owners of the Bonds shall have the power and authority provided in the Program Resolution. The Municipality further agrees to aid in the furnishing to DNR, DOA, or the Trustee of opinions that may be required under the Program Resolution. 20 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F Section 6.11 following: Termination This FAA may be terminated in whole or in part pursuant to one or more of the (a) The SDWLP and the Municipality may enter into an agreement to terminate this FAA at any time. The termination agreement shall establish the effective date of termination of this FAA, the basis for settlement of termination costs, and the amount and date of payment of any sums due either party. (b) lf the Municipality wishes to unilaterally terminate all or any part of the Project work for which financial assistance has been awarded, the Municipality shall promptly give written notice to DNR. lf the SDWLP determines that there is a reasonable basis for the requested termination, the SDWLP may enter into a termination agreement, including provisions for FAA termination costs, effective with the date of cessation of the Project work by the Municipality. lf the SDWLP determines that the Municipality has ceased work on the Project without reasonable basis, the SDWLP may unilaterally terminate financial assistance or rescind this FAA. Section 6.'12. Rescission The SDWLP may rescind this FAA prior to the first disbursement of any funds hereunder if it determines that: (a) there has been substantial non-performance of the Project work by the recipient without justification under the circumstances; (b) there is substantial evidence this FAA was obtained by fraud; (c) there is substantial evidence of gross abuse or corrupt practices in the administration of the Project; (d) the Municipality has failed to comply with the covenants contained in this FAA; or (e) any of the representations of the Municipality contained in this FAA were false in any material respect. 21 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F lN WITNESS WHEREOF, the SDWLP and the Municipality have caused this FAA to be executed and delivered, as of the date and year first written above. CITY OF OAK CREEK By Daniel Bukiewicz Mayor CatherineA. Roeske City Clerk STATE OF WISCONSIN DEPARTMENT OF ADMINISTRATION Authorized Officer STATE OF WISCONSIN DEPARTMENT OF NATURAL RESOURCES Authorized Officer 22 Docus¡9n Envelopê lD: 4C8DB3F8-4BBB-8D86-8232-09E6Ê4307 62F CITY OF OAK CREEK SDWLP Project No. 4869-08 EXHIBIT A PROJECT BUDGET SHEET A-1 Total Project CostsrsDWLP Tota¡ Aurard Amount for thls Pro¡ect Force Account 0 lnterim Financing 0 Preliminary Engineering 2,191,376 Land or Easement Acquisition 0 Engineering/Construction Mgmt. 2,600,000 Construction/Equ ipment 49,565,000 Contingency 2,478,250 Miscellaneous Costs 25,000 SDWLP Closing Costs 75,000 TOTAL $56,934,626 Docusign Envelope lD: 4CBD83F8-4BBB-8D86-8232-09E6E43D762F Oak Creek, Wisconsin Project 4869-08 Safe Drinking Water Fund Program Loan Closing Date: SePtember 9, 2026 Payment Date 1-May-27 1-Nov-27 1-May-28 I -Nov-28 1-May-29 1-Nov-29 1-May-30 1-Nov=30 1-May-31 '1-Nov-31 1-May-32 1-Nov-32 1-May-33 1-Nov-33 1-May-34 1-Nov-34 '1-May-35 1-Nov-35 1-May-36 1-Nov-36 1-May-37 '1-Nov-37 l-May-38 1-Nov-38 1-May-39 1-Nov-39 l-May-40 '1-Nov-40 1-May-41 1-Nov-41 1-May-42 1-Nov-42 1-May-43 I -Nov-43 1-May-44 1-Nov-44 1-May-45 1-Nov-45 1-May-46 Principal Pavment 0.00 0.00 0.00 0.00 2,574,112.42 0.00 2,634,990.18 0,00 2,697,307.70 0.00 2,761,099.A2 0.00 2,826,399.02 0.00 2,893,243.35 0.00 2,961,6ô8.56 0.00 3,031,712.02 0.00 3,103,412.01 0.00 3J76,807.70 0.00 3,251,939.20 0.00 3,328,847.57 0.00 3,407,574.81 0.00 3,488,'163.96 0.00 3,570,659.03 0.00 3,655,105.'12 0.00 3,741,548.36 0.00 3,830,035.97 lnterest Pavment 867,746.96 673,251.95 673,251.95 673,251.95 673,251.95 642,813.07 642,813.07 611,654.31 611,654.31 579,758.65 579,758.65 547,108,65 547,108.65 5'13,686.49 513,686.49 479,473.88 479,473.88 444,452.15 444,4,52.1d 408,602.16 408,602.16 371,904.31 371,904.31 334,338.56 334,338.56 295,884.38 295,884.38 256,520.76 256,520.76 216,226.18 216,226.18 174,978.65 174,978.65 132,755.60 132,755.60 89,533.98 89,533.98 45,290.18 45,290.18 Principal& lnterest 867,746.96 673,251.95 673,251.95 673,251.95 3,247,364.37 642,813.07 3,277,803.25 6'1'1,654.31 3,308,962.01 579,758.65 3,340,857.67 547,108.65 3,373,507.67 5'13,686.49 3,406,929.84 479,473.88 3,441,142.44 444,452.15 3,476,164.17 408,602.16 3,512,014.17 371,904.31 3,548,712.01 334,338.56 3,586,277.76 295,884.38 3,624,731.95 256,520.76 3,664,095.57 216,226,18 3,704,390.14 174,978.65 3,745,637.68 132,755.60 3,787,860.72 89,533.98 3,83'1,082.34 45,290.18 3,875,326.'1 5 Bond Year Debt Service 867,746.96 0.00 1,346,503.90 0.00 3,920,6'16.32 0.00 3,920,616.32 0.00 3,920,616.32 0.00 3,920,616.32 0.00 3,920,616.32 0.00 3,920,616.33 0.00 3,920,616.32 0.00 3,920,616.32 0.00 3,920,616.33 0.00 3,920,616.32 0.00 3,920,616,32 0.00 3,920,616.33 0.00 3,920,616.33 0.00 3,920,616.32 0.00 3,920,616.33 0.00 3,920,616.32 0.00 3,920,616.32 0.00 3,920,616.33 Exhibit B Calendar Year Debt Service 0.00 '1,540,998.91 0.00 '1,346,503.90 0.00 3,890,177.44 0.00 3,889,457.56 0.00 3,888,720.66 0.00 3,887,966.32 0.00 3,887,194.16 0.00 3,886,403.72 0,00 3,885,594.59 0.00 3,884,766.33 0.00 3,883,918.48 0.00 3,883,050.57 0.00 3,882J62.14 0.00 3,881,252.71 0.00 3,880,321.75 0.00 3,879,368.79 0.00 3,878,393.28 0.00 3,877,394.70 0.00 3,876,372.52 3,875,326.15 lnterest Rate 2.3650/o 2.365% 2.365% 2.365% 2.3650/0 2.3650/o 2.3650/o 2.365% 2.365% 2.365% 2.365% 2.3650/0 2.365% 2.365% 2.3650/o 2.365% 2.365% 2.365% 2.3650/0 2365% 2.3650/0 236s% 2.3650/o 2.3650/0 2.365% 2.365% 2.3650/o 2.3650/o 2.365% 2.365% 2.365% 2.365% 2.365% 2.3650/o 2.3650/o 2.365% 2.365% 2.3650/o 2.365% Totals 56,934,626.00 15,850,718.68 72,785,344.68 72,785,344.68 72,785,344.68 Net lnterest Rate 2.36500/o Bond Years 670,220.6394 Average Life 11.7718 The above schedule assumes full disbursement of the loan on the loan closing date 07-Jul-26 Wisconsin Department of Administration B-l Docusign Envelope lD: 4CBDB3F8-4BBB-8D86-8232-09E6E43D762F EXHIBIT C FEDERAL REQUIREMENTS COMPLIANCE CERTIFICATION [Prepare on Municipal Letterhead at Project Completion and Closeout] The undersigned officials of the City of Oak Creek (the "Municipality") hereby certify that, for all expenditures made for construction of DNR Project No. 4869-08 (the "Project"), the Municipality has met the prevailing wage rate requirements of the Davis-Bacon Act. The Municipality further certifies that, after taking into account any national or project-specific waivers approved by the U.S. Environmental Protection Agency, DNR Project No. 4869-08 has met the requirements for Build America, Buy America of the lnfrastructure lnvestment and Jobs Act, Public Law No. 117-58, SS 70901-52, and the use of American lron and Steel mandated under EPA's Drinking Water State Revolving Fund program. The above certification is determined, after due and diligent investigation, to be true and accurate to the best of my knowledge. By: Dated as of: [Name of Municipal Officialor Authorized Representativel [Title] Attest: Dated as of: [Name of Clerk or Secretary] lTitlel c-1 Docusign Envelope lD: 4C8DB3F8-4BBB-8D8ô-8232-09E6Ê.43D762F EXHIBIT E UTILIZATION OF DISADVANTAGED BUSINESS ENTERPRISES (DBE) Notice: This form is authorized by ss. 281,58, 281.59, and 281.61, Ws. Stats. Submittal of a completed form to the DNR is mandator pr¡or to receiv¡ng a final disbursement. Dollar and may be provided to requesters to the extent requ¡red by Wsconsin's Public Records Law [ss. 19.31-19.39, VMs. Stats.l. Are any DBES to be utilized on the project? lf yes, list below. Yes X No tr are limited to pav¡ng, trucking, and equ¡pment. ãrs seru¡ces, engin€ering, land acqu¡sition, and suppl¡es. I hereby certify that, to the best of my knowledge and belief, the ¡nformation provided on this form ¡s accurate and correct. Signature of Municipal Representative Date Signed Name of Person Completing Th¡s Form Email Address Phone Number E-1 Project Number 4869-08 Municipality City of Oak Creek Project Descr¡pt¡on Construct New Chlorine Contact Tank, UV Disinfection, Lift Pumps, and Pioinõ Enter at Closeout Non-construction 10,000SAMPLE: ABC Eng¡neering, LLC. 326,000ConstructionBelonger Corporation, lnc. Construction or Non-construction* Certifying Agency or ListContract Estimate ($)DBE Firm Actual Amount Paid to the DBE Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-09E6E43D762F EXHIBIT F PROJECT MANAGER SUMMARY PAGE CITY OF OAK CREEK SDWLP Project No. 4869-08 1. Project Description: The Project consists of construction of a new above grade chlorine contact tank, intermediate pumping station, UV disinfection equipment, intermediate pump wet well, fluoride chemical feed equipment, and piping modifications. 2. lneligible Costs: No ineligible costs were identified in the review of this Project. lf the DNR identifies ineligible costs as the Project progresses, the Department will notify the Municipality. 3. Miscellaneous Costs: As shown in the Project Budget Sheet (Exhibit A), SDWLP funding in the amount of $25,000 is included in the miscellaneous category for: r Bid Advertising - $5,000 r Administrative Expenses - $20,000 4. Contingency Allowance: The contingency allowance of $2,478,250 is five percent of the amount of uncompleted construction work. The Municipality must obtain DNR construction management engineer (CME) approval of change orders prior to requesting reimbursement' 5. Disadvantaged Business Enterprise (DBE) Good Faith Effort: The Municipality and C. D. Smith Construction, lnc., made good faith efforts to meet DBE solicitation requirements during advertising and bidding. The Municipality made a good faith effort by encouraging DBEs to submit bids in their bid advertisement. C. D. Smith Construction, lnc., made a good faith effort by encouraging DBEs to submit dibs in their bid advertisement and by contacting DBEs directly for subcontracting work. Belonger Corporation, lnc., is expected to perform HVAC work on the Project for an estimated amount of $326,000. Contractors are required to solicit for DBEs if they do any subcontracting. 6. Green Project Reserve: No GPR elements were identified during the review of this Project. 7 . Build America, Buy America: This Project is subject to the Build America, Buy America requirements of Title lX of the lnfrastructure lnvestment and JobsAct, Public Law No. 117-58, SS 70901-52. lf this Project is exempt from Build America, Buy America requirements under a project specific or general applicability waiver, the Project is still subject to use of American lron and Steel requirements of Section 1452 of the Act. 8. Environmental Review: The SDWLP has determined through an environmental assessment that the Project will result in a categorical exclusion, under 56.204 (aX1) with requirements and recommendations. A construction site storm water permit may be required if the contiguous Project area exceeds one acre. Additionally, Rusty Patched Bumble Bee conservation measures are recommended, where applicable. To avoid adverse effect on historic properties, a plaque on the new building stating the year of construction must be placed to differentiate it from the existing buildings. Upon completion of the Project, a photo of the new building in relation to the original building must be sent to Wisconsin Historical Society. g. Federal Single Audit: This Project is being financed with federal funds and is subject to the Federal Single Audit requirements referenced in Section 5.23 of this FAA. lf the Municipality receives more than $1,000,000 of money that originates from any federal source in a calendar year, then it must commission a Federal Single Audit as part of its regular financial audit. The Catalog of Federal Domestic Assistance number is 66.468 for drinking water project disbursements funded with federal money. F-1 Docusign Envelope lD: 4C8DB3F8-4BBB-8D86-8232-0986843D762F EXHIBIT G LIST OF FEDERAL LAWS AND AUTHORITIES The Municipality acknowledges that the Project is designated as a Federal Equivalency project, which is subject to additional federal requirements listed below. o Administration of the Clean Air Act and the Federal water Pollution Control Act of 1973, (Executive Order '1 1738) o Section 306 of the Clean Air Act, 42 U.S.C. 57606 et seq. o Section 508 of the Clean Water Act, 33 U.S.C. 51368 et seq. . Archaeological and Historic Preservation Act of 1974 (P.L. 93-291, as amended) 16 U.S.C. $469a-1 . Build America, Buy America Act (BABA), P.L.117'58, SS 70901-52 . CivilRights Laws o Title Vl of the Civil Rights Act of 1964 (P.L 88-352), 42 U.S.C S2000d et seq. o Section 504 of the Rehabilitation Act of 1973, 29 U.S.C 5794 o The Age Discrimination Act of 1975, 42 U.S.C. 56102 et seq. r Clean Air Act Conformity (P.1. 95-95, as amended) 42 U.S.C. S7506(c) o Coastal Barriers Resources Act (P.L. 97-348) 16 U.S.C. $3501 et. seq. . CoastalZone ManagementAct (P.L. 92-583, as amended) 16 U.S.C. $'1451 et. seq. . Debarment and Suspension (Executive Order 12549) . Demonstration Cities & Metropolitan DevelopmentAct (P.L. 89-754, as amended) 42 U.S.C. $3331 et. seq. . Endangered Species Act (P.L. 93-205, as amended) 16 U.S.C. $1531 et. seq. . Enhancing Public Awareness of SRF Assistance Agreements (EPA Office of Water Memo dated June 3,2015) ¡ Farmland Protection Policy Act (P.1. 97-98) 7 U.S.C. $4201 et. seq. o Federal Single Audit Act (2 CFR 200 Subpart F) o Fish and Wildlife Coordination Act (P.1. 85-624, as amended) 16 U.S.C. 5661 . Floodplain Management (Executive Order 11988, as amended by Executive Order 12148) . National Historic Preservation Act of 1966 (P.L. 89-665, as amended) 54 U.S.C. 5300101 et. seq. . NEPA-Iike Environmental Review (National Environmental Policy Act) ¡ Prohibition on Certain Telecommunications and Video Surveillance Services or Equipment (2 CFR 200.216) ¡ Promoting the Use of Small, Minority, & Women-owned Businesses (Executive Orders 11625,12138, & 12432) . Protection and Enhancement of the Cultural Environment (Executive Order 1 1593) . Protection of Wetlands (Executive Order 1 1990, as amended by Executive Order 12608) . Uniform Relocation Assistance and Real Property Acquisition Policies Act (P.L. 91-646, as amended) . Wild & Scenic Rivers Act (P.L. 90-542, as amended) 16 U.S.C. $1271 et. seq. G-1 -"1 OAKCREEK Meeting Date: August 18,2026 Item No. 9 - wtscoNSrN - COMMON COUNCIL REPORT Item: AnnualTax lncrement District OID) Review Presentation Recommendation: N/A Fiscal lmpact: N/A Critical Success Factor(s): f] Active, Vibrant, and Engaged Community I Financial Stability and Resiliency ffi Thoughtful Growth and Prosperous Local Economy n Clean, Safe, and Welcoming ! lnspired, Aligned, and Proactive City Organization [] Quality lnfrastructure, Amenities, and Services n Not Applicable Background: The Common Council has requested an annual report from City Administration outlining the status of all Tax lncrement Districts OlDs). The attached presentation not only provides the present financial conditions of the City's TlDs, but also serves as a brief TIF education to the public. Further, this presentation demonstrates the Common Council and City Administration's commitment to financial transparency, as espoused in the City's Strategic Action Plan, regarding our use and administration of TlDs (and other finanical matters). Options/Alternatives: N/A Respectfu I ly Su bmitted : Prepared and Fiscal Review: aYlc*' tl,¿ û-;t0 Andrew J. Vickers, MPA City Administrator MaxwellGagin, MPA Assistant City Administrator / Comptroller Attachments: Annual Tax lncrement District (TlD) Presentation OAKCREEK - wtscoNstN - Annual Tax lncrement District (TlD) Review Maxwell Gagin Deputy City Administrator I Finance Officer August 18,2026 Presentation Outline . Overview/Understanding of Tax lncrement Financing (TlF) . The 12% Test . Status of Oak Creek's TlDs . Questions & Answers â\g OAKCREEK - wrscods¡ñ - TIF Y. TID . TIF (Tax lncrement Financing) . An economic development tool available for municipalities to expand its property tax base, where the development would not occur without public assistance . TID (Tax lncrement District) . The contiguous geographical area within a municipality identified for development using TIF . ATID consists of whole units of property assessed for general property tax purposes not including railroad right of ways, rivers or highways, or wetlands â\ttz OAKCREEK sco TlDs by the Numbers . As of April 16, 2026, Wisconsin has 1,420 active TlDs . There are 141 active TlDs in Milwaukee County . EVERY city has at least 1 TID . Only one village - Fox Point - does not have a TID . As of January 1,2026, the equalized value of all active TlDs in Wisconsin was $68.5 billion . The ONLY meaningful tool available to Wisconsin municipalities to engage in economic development @ OAKCREEK - w¡scoNslN * TIF: Understanding the Financing Mechanism . Base value = the equalized value of the real and personal property located within the TID as of the valuation date . lncrement value = the difference in equalized value between the base value and the current value of the TID . Ex: on a $20,000,000 property, full tax revenue is $329,658. The City's portion it keeps for City operations/finances is $105,076. . lf this property was in a TlD, the TID keeps the full tax revenue vs. just the City portion of taxes to repay TID expenses . When the TID "terminates" all taxing jurisdictions get the higher tax revenues generated by development in the TID @ OAKCREEK - wrscoNstN - Mwúcipaþ ftclr{cdÇdþe CounÇ County Tcdn*dColl€ge Munkipality llDTemhrtrdtDCnrrrd II TlÞ8a:e\falæ Aì\9 OAKCREEK H¡stoîy of Early TID Closure & New Tax Base Generated Êarty Closure Vatue Generated $1,298,800 $1,268,9O0 9 25 20 15 10 5 0 $'¡ 2 3 4 5 7 9 lNo, ofYears Open aNo. ofYea¡sAltowed byStatute 3456 lBaseValue rlncrementGenerated @ 2 7 OAKCREEK G.O. Debt by Funding Source TID #8 AVo Storm Water 1o/o TtD #14 OVo T¡D #13 zWo Tax Levy 22+6 rTlD#l3 rTlD#11 rTaxLevy rTlD#î2 rTlDf*8 tTlD#1O lStormWater rTlD#14 @ OAKCREEK TtD #11 2996 TtD #10 30/ø TtD #12 1zvo - wtscoNstr - 12% Test Calculation . The equalized value of the new or amended TlD, plus the value increment of all existing TlDs cannot exceed 12% of the total equalized value within the municipality lmpact: City cannot create a new TID or add territory to an existing TID until it meets the 12o/o test again. TID No. I 26Increment $L61^,244,800 $22.066,300 $242,033,300 $t92,366,300 $81,826,500 $10,833,400 $7,t62,800 sL79,273,400 $896,806,800 t3.O9o/o TID #B TID #10 TID #11 TID #L2 TID #13 TID #14 TID #15 TID #16 TOTAL o/o CALCUIIITIOTY â\g OAKCREEK - dL:cotJi* - Status of Oak Creek's TlDs @ Aæive Tax Jncrcment Districts OAKCREEK Irpe !ror Irorr fîJnou !rorr lllror !mu Irnta @ OAKCREEK + wl9qoxsti - Changes in TID Values TfD # 11112025 Value 1l,1l/2026 Value Difference % Difference 8 10 11 12 13 14 15 16 174,351 ,900 43,531,700 244,131 ,600 174,667,800 75,579,000 1 1,896,500 8,839,900 178,204,800 183,348,500 40,134,400 254,771 ,800 196,104,500 86,530,000 11,474,700 9,062,700 180,822,600 8,996,600 (3,397,300) 10,640 ,200 21,436,700 10,951,000 (421,800) 222,900 2,617,800 5.2% -7.8o/o 4.4o/o 12.3o/o 14.5% '3.5o/o 2.5% 1 .5o/o TOTAL $ 91 1,203,100 $ 962,249,200 $ 51,046,100 5.6% â\gz OAKCREËK - \ sccN, ! - TID No.8 - Oakview Business Park . Creation Date = 1l1l2OO9 . Termination Date = 11112029 . Type = Mixed Use . Remaining acres = 16.7 $200,000,000 $150,000,000 $100,000,000 $50,000,000 . lncrement (11112026¡ = $161 ,244,800 . Fund Balance (1213112025) = $115,146 . G.O. Debt (1213112026) = $3,881,000 . Active FDAs = One . Stella & Cheury's (PAYGO) rrrrr;iil$ol """""ùt"d)"dl"S"$"f .tt""$"S"Sr$.trs)"S"of"dF"ofr$," r Base Value I lncrenrent @ OAKCREEK O a ! .ts-- ¡ ffil :;r.-l I tt' - wtScoN5rN - TID No. 10 r Master Lock AVE OAKCREEK . Creation Date = 91712010 . Termination Date = 91712030 . Type = Mixed Use . Remaining acres = 35.0 . lncrement (11112026) = $22,066,300 . Fund Balance (1213112025) = $535,619 . G.O. Debt (1213112026¡ = Eg . Active FDAs = None r Base Value I Increnìent $50,000,000 lllillllll i I I I I I l, tf I I l, lll "d) "dl "d3 "$ .uS C" "$ di. "S "s,. "d¡ "dp "ot "dF "oú dp" rhr--uffiE k=ff# â\g -L|,, a ll¡. il I a tI I t ff ,1" _T r I - wrscoN!Lñ - TID No. 11 Drexel Town Square . Creation Date = 41312012 . Termination Date = 41312032 . Type = Mixed Use . Remaining acres = 9.6 $3û0,000,000 $250,000,000 $200,000,000 $ 150,000,000 $100,000,000 $s0,000,000 $o . lncrement (11112026¡ = $242,033,300 . Fund Balance (1213112025) = $2,507,984 . G.O. Debt (1213112026) = $29,1 55,000 . Active FDAs = Nine C" C" "d| ,{P "of C" "S "s," --rrll ^uS .uS .uS """ "$ .t|. rlllllll r Base Value I Incre¡nent @ OAKCRËHK T - a I -1 I II - t I -- E TLLL I T - rr -iaa_.rì ¡ - TID No. 12 - IKEA . Creation Date = 712012016 . Termination Date =712012036 . Type = Mixed Use . Remaining acres = 24.8 $250,000,000 $200.000,000 $150,000,000 $100,000,000 $s0,000,000 $0 . lncrement (11112026¡ = $192,366,300 . Fund Balance (1213112025)= $1,096,009 . G.O. Debt (1213112026) = $11 ,700,000 . Active FDAs = Four I ll ,$ ,.,;1. \q 49 4\ ^a ^a ^Dr S ^ro,ì,$" irS' nl,S' .ì,S' .l,S' 1,\' 1,$'- td' iç¡s¡ ¡ g i ¡ tá ) IllrI #Fr Base Value I Increment â\gz OAKCREEK f õr *q¡crþl,ú I ¡- ¡\*{ t ..- I tt * wjscoNs À * TIDNo.f3-Lakefront . Creation Date = 511612017 . Termination Date = 511612044 . Type = Blighted . Remaining acres = 208.6 . lncrement (11112026¡ = $81,826,500 . Fund Balance (1213112025)= $657,067 . G.O. Debt (1213112026) = $29,210,000 . Active FDAs = Four . F Street Group (Upfront + PAYGO) - E? $100,000,000 $80,000,000 $60,000,000 $40,000,000 $20,000,000 $o I I I I I I dtt .Ji" ,$." "d) "dP "dP ^íÈ .udf C' r Base Value t lncrement @ OAKCREEK - wtscoñsrN - TID No. 14 - 6th St. & Rawson AYe. . Creation Date = 411312018 . Termination Date = 411312046 . Type = Blighted . Remaining acres = 0 . lncrement (11112026) = $10,833,400 . Fund Balance (1213112025)= $300,140 ' G.O. Debt (1213112026) = $400,000 . Active FDAs = One . HSA Rawson (Upfront + PAYGO) $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $o I II I I III ^q^sô\^a^5^ù..?,^b"tst .ìrs' "ts' ,\,s' irs, ,ìr$, .ì,su .\,s, r Base Value ¡ Increment @ OAKCREEK I I t - a I I I I ¡ì\ ¡ T - wr\iÔNlrfr - TID No. 15 - Drexel Ave. & 6th St. $10,000,000 . Creation Date = 411312018 . Termination Date = 411312046 . Type = Blighted . Remaining acres = 0 . lncrement (11112026¡ = $7,162,800 . Fund Balance (1213112025) = $104,121 . G.O. Debt (1213112026) = Eg . Active FDAs = One . t-cAP (PAYGO) r Base Value I Increment $8,000,000 $6,000,000 $4,000,000 $2,000,000 $o "o9 ",p" "dÞ ìlP ^ÇF dÈ "df ,s." @ OAKCREEK I * wtscorstN * TID No. 16 - Ryan Business Park . Creation Date = 812112018 . Termination Date = 812112038 . Type = Mixed Use . Remaining acres = 30.6 . lncrement (11112026) = $179,273,400 . Fund Balance (1213112025¡ = $2,642,232 ' G.O. Debt (1213112026) = gg . Active FDAs = Two . Ryan Business Park LLC (Upfront) . Commerce 94 Project (PAYGO) $200,000,000 $ls0,000,000 $100,000,000 $50,000,000 $0 .- IIIIII I "o9 "s," "d| "dP ^íÊ ,s,. .uof .tp" I Base Value t Increment @ OAKCREEK a¡I Ç-I t I I I\r \G --l I - o a&A OAKCREEK Meeting Date: August 18,2026 - wlscoNstH - Item: Recommendation: Fiscal lmpact: COMMON COUNCIL REPORT Item No. b Community Partnership Agreement with Buc-ee's Oak Creek, LLC Critical Success Factor(s): That the Common Council makes a motion to accept the Community Partnership Agreement between the City of Oak Creek and Buc-ee's, Oak Creek, LLC The City will receive a one-time payment of $350,000 for any project elsewhere in the community at the Common Council's discretion. Buc-ee's will also contribute $15,000 annually toward sponsorship of City events. The City is not contributing any public funds to Buc-ee's, and the project is not in a TlD. Buc-ee's will fund 100% of all associated public infrastructure required by WISDOT. The Buc-ee's project will add approximately $20¡¡ of property value to the City's tax base. [l Active, Vibrant, and Engaged Community X Financial Stability and Resiliency X Thoughtful Growth and Prosperous Local Economy n Clean, Safe, and Welcoming ! lnspired, Aligned, and Proactive City Organization I Quality lnfrastructure, Amenities, and Services n Not Applicable Background: The City and Buc-ee's have long discussed the terms of this Agreement and it is coming forward now as construction timelines are clearer. Unlike most other municipalities Buc-ee's has located, there is not a local options sales tax in Wisconsin, and the City is unable to: 1) incentivize the project; or 2) realize tangible financial benefits without a local option sales tax. The State of Wisconsin and Milwaukee County will substantially gain from sales tax generated from Buc-ee's. While the City will realize approximately $20¡n in new tax base, to compensate the City absent local option sales tax, the parties arrived at the terms of this Agreement. lt should be noted this is not a typical arrangement for Buc-ee's and not required by the City to locate in Oak Creek. lt is a voluntary contribution. ln addition to the exchange of funds above, the City will: 1) Support Buc-ee's request to WISDOT to rename the segment of Elm Road from l-41to 2Vh St.; 2) Expedite City reviews and inspections to ensure on-time building delivery; and 3) Provide a Visit Oak Creek "information kiosk" inside the store. Options/Alternatives: The Common Council could not approve the Agreement. The Buc-ee's project would still move forward, but without the City's financial benefit per the terms of the Agreement. COMMUNITY PARTNERSHIP AGREEMENT BETWEEN THE CITY OF OAK CREEK AND BUC-EE'S OAK CREEK, LLC THIS COMMUNITY PARTNERSHIP AGREEMENT ("Agreement") is made and entered into this [DATE], by and between the CITY OF OAK CREEK, a Wisconsin municipal corporation, with principal offices located at 8040 South 6ú Street, Oak Creek, Wisconsin 53154 (..city"), and BUC-EE'S OAK CREEK, LLC, aDelaware limited liability company, with principal offrces located at327 EM 2004 Road, Lake Jackson, Texas 77566 ("Developer"). WHEREAS, Developer has purchased approximately 25.988 acres of property located at 10820 South 27ú Street in the City of Oak Creek, Milwaukee County, Wisconsin (PINS 977- 9999-001,977-9002-000 and 977-9003-001), and as frrther described in the attached Exhibit A incorporated herein; and WHEREAS, Developer intends to construct a fuel service station consisting of 120 fueling positions with canopy, parking area, and a retail travel center consisting of an approximately 74,000 square foot building, and all appurtenances, among other site features (the "Projecf'); and WHEREAS, Developer intends to cause the construction of own and operate the Project, with private investment in the land, infrastructure, and building and site improvements anticipated to total at least $65,000,000; and WHEREAS, Developer estimates the Project will create approximately 200 full-time jobs, excluding construction jobs. NOW, THEREFORE, Developer and the Cþ, desire to enter into this Agreement to address project elements related to construction timelines, real estate taxability, joint marketing and sponsorship opportunities, signage, road names, and development review timelines. L I. DEVELOPER AND CITY OBLIGATIONS A. Developer shall commence construction of the Project not later than September 1, 2026, and be substantially complete by August 1,2028. B. To assist the Project to successful, on-time completion, the City will expeditiously review land development and building permit applications for the Project for completeness within five (5) business days of submittal by Developer or agent, and, after each complete development, land use, or building permit application is submitted, to approve such application within four (4) weeks of the date of submission of such completed application on the condition that such application complies with the Oak Creek Municipal Code, and that Buc-ee's participates in pre-submittal meeting with City staffand appropriate external agencies with jurisdiction over the project. C. Developer shall contribute a one-time donation of Three Hundred Fifty Thousand and no/I00 Dollars ($350,000.00) toward a community project of the City's choosing, payable to the City no later than 30 days after store opening. D. Developer shall contribute Fifteen Thousand and no/l00 ($15,000.00) annually toward sponsorship of City marketing, special events, and community gatherings and celebrations ("Annual Contribution"). The Annual Contribution shall commence when the roadway segment of Elm Road west of Interstate 94 to South 27ú Street (State Highway 241) and green interstate signage receive approval to be named Buc-ee's Boulevard and shall continue for the duration of that signage remaining in place. City Marketing and Public Relations staff shall work with Developer to ensure sponsorship packages provide mutual benefits. E. Developer shall be responsible for the installation and related costs of Buc-ee's Boulevard signage per Wisconsin Department of Transportation (V/ISDOT) requirements. The City will be supportive of Developer's permit requests to WISDOT for this work, wherever necessary. 2 F. Developer shall install a panel with "Oak Creek" on the Developer pylon sign and be responsible for all associated costs. G. Developer shall provide adequate space and connectivity for the placement of a digital City informational kiosk of a type approved, and in a location identified, by Developer inside of the retail travel center ("City kiosk"). H. City shall be responsible for the cost of the City kiosk. II. GENERAL PROVISIONS A. Nothing in this Agreement shall limit or otherwise affect the sovereign immunity of the City. B. This Agreement shall not be construed to create third-party beneficiaries C. This Agreement contains the entire agreement between the parties. D. No portion of the Property may be conveyed to, used by, or leased to any non-affiliated Developer entity that is wholly or partially tax-exempt from federal or state real property taxes, except with the prior written consent of the City. Any assignment of the Agreement shall be subject to the consent of the City, which consent will not be unreasonably withheld. E. This Agreement shall be recorded with the Milwaukee County Register of Deeds or in memorandum form satisfactory to the City. F. The parties state that their duly authorized representatives, by executing this Agreement, hereby state that they are duly authorized to sign this Agreement and to bind the respective party to all of the obligations set forth herein. 3 G. This Agreement shall be construed under and governed by the laws of the State of Wisconsin. The venue for any actions arising under this Agreement shall be the Circuit Court for Milwaukee County. The prevailing party shall be awarded its actual costs of any such litigation, including reasonable attorney fees. H. This Agreement shall be binding upon the parties, their affiliates, agents, and assigns. IN WITNESS WHEREOF, the parties have executed this instrument in duplicate, the day and year first above written, the name and corporate seal of each party being affixed and this instrument duly signed by its authorized representative. City of Oak Creek By: Name/Title: Daniel J. Bukiewi cz, llvÍ.ay or Date: Buc-ee's Oak Creeþ LLC By: Name/Title: Stan Beard, Vice President Date: 4 EXHIBIT A THAT PART OF THE NORTHEAST QUARTER AND THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 31, TOWN 5 NORTH, RANGE 22E.AST, DESCRIBED AS FOLLOWS: BEGINNING AT A FOUND 1" IRON PIPE AT THE SOUTHWEST CORNER OF OUTLOT 1 OF CERTIFIED SURVEY MAP NO. 5498 RECORDED DECEMBER 28, L99O AS DOCUMENT NO. 544594L ALSO BEING A POINT ON THE EAST RIGHT OF WAY OF SOUTH 27TH STREET; THENCE NORTH OO DEGREES 25 MINUTES 30 SECONDS WEST ALONG THE WEST LINE OF SAID OUTLOT l AND LOT 1 IN SAID CERTIFIED SURVEY MAP 5498, A DISTANCE OF 995.60 FEET TO A FOUND 1" IRON PIPE AND THE SOUTH RIGHT OF WAY LINE OF 27TH STREET AS GRANTED PER WARRANTY DEED RECORDED AS DOCUMENT NO. 10099833; THENCE ALONG THE SOUTHERLY, EASTERLY AND WESTERLY LINES OF SAID RIGHT OF WAY GRANTED PER DOCUMENT 10099833 FOR THE FOLLOWING 5 COURSES: 1)THENCE NORTH 89 DEGREES 39 MTNUTES 09 SECONDS EAST, A DISTANCE OF 20.00 FEET; 2)THENCE NORTH 00 DEGREES 25 MTNUTES 30 SECONDS WEST, A DISTANCE OF 231.95 FEET; 3) THENCE NORTH 89 DEGREES 40 MTNUTES L3 SECONDS EAST, A DISTANCE Ot 787.70 FEET; 4)THENCE SOUTH 84 DEGREES 35 MINUTES 54 SECONDS EAST, A DISTANCE OF 309.07 FEET; 5)THENCE SOUTH 39 DEGREES 21 MINUTES 11 SECONDS EAST, A DISTANCE OF 258.33 FEET TO THE NORTHWESTERLY CORNER OF A WARRANTY DEED RECORDED PER DOCUMENT NO. 10099834; THENCE ALONG THE WESTERLY RIGHT OF WAY OF WEST ELM ROAD AND INTERSTATE 94 AS CONVEYED PER SAID WARRANTY DEED FOR THE FOLLOWING 3 COURSES: L) THENCE SOUTH 39 DEGREES 21 MINUTES L1 SECONDS EAST ALONG THE LAST DESCRIBED COURSE, A DISTANCE OF 135.31 FEET; 2) THENCE SOUTH 37 DEGREES 59 MINUTES 58 SECONDS WEST, A DISTANCE OF 915.53 FEET TO A NON-TANGENT CURVE; 3) THENCE SOUTHWESTERLY ALONG SAtD CURVE CONCAVE TO THE SOUTHEAST HAVING A RADIUS OT 4733.66 FEET SUBTENDING A CHORD BEARING SOUTH 36 DEGREES 45 MINUTES 35 SECONDS WEST, AN ARC DISTANCE OF 215.30 FEET AND A CHORD DISTANCE OF 21.5.28 FEET TO A FOUND 1." IRON PIPE AT THE SOUTHEAST CORNER OF SAID OUTLOT 1; THENCE SOUTH 89 DEGREES 35 MINUTES 17 SECONDS WEST ALONG THE SOUTH LINE OF SAID OUTLOT 1., A DISTANCE OF 663.42 FEET TO THE POINT OF BEGINNING, IN THE CITY OF OAK CREEK, M ILWAUKEE COU NTY, WISCONSIN. 5 OAKCREEK Meeting Date: August 18,2026 - wtscoNs¡N - Item: Recommendation: Fiscal lmpact: COMMON COUNCIL REPORT Item No. { Organizational and Operational Assessment consulting proposals CriticalSuccess Factor(s): That the Common Council makes a motion to award the RFP for an Organizational and Operational Assessment (multþle Cíty functíons) to MGT lmpact Solutions LLC (.MGT") in an amount not to exceed $75,000. MGT's proposed not to exceed cost totals $66,328. As this is a complex assignment and includes multiple City functions, City staff is requesting a total not to exceed amount of $75,000 to cover City requests for additional scope, more on-site work/travel, and similar items that may arise as parties get into the engagement. I Active, Vibrant, and Engaged Community X Financial Stability and Resiliency X Thoughtful Growth and Prosperous Local Economy n Clean, Safe, and Welcoming X lnspired, Aligned, and Proactive City Organization X Quality lnfrastructure, Amenities, and Services n Not Applicable Background: The City of Oak Creek is in a period of rapid growth and dynamic change due to both outside development pressure and an aspirational Common Council Strategic Action Plan. To ensure staff can maintain efficient and effective services to all stakeholders, and to ensure the City is properly organized and staffed to ensure delivery of its own capital investments (i.e. Enhanced Surface Transportation Rehab Program, public stormwater infrastructure investment and maintenance, Lakefront projects, Fire Station 2, etc.), the City is seeking outside consultation. Generally, the assessment will include review of organizational structure, process mapping, workflow audits, role and responsibility clarification, etc. for multiple City functions (see attached RFP scoping document). At the July 26,2026, Personnel and Finance Committee meeting, staff presented an RFP scope for review. Following the Committee's suggested amendments, staff sent a final RFP to four pre-qualified consulting firms. All four firms submitted proposals and associated costs as follows: Roftelis-$139,791 Boker Tîlly-$85,120 lt/lotrix Consultí ng G roup - $ 6 8,560 tÁGT- $66,328 A City team consisting of Andrew Vickers, Maxwell Gagin, Matthew Sullivan, Sara Kawczynski, and Carrie Wittlieff reviewed the responses. The team prioritized Project Understanding, Project Methodology, strength of the assigned consulting team, and finally, cost. Ultimately,4/5 staff ranked MGT first, with the final staff ranking MGT second. As such, the team is pleased to recommend MGT as its preferred consultant. OAKCREËK - wlScoNSlN Request for Proposals: Organizational and Operational Assessment (multiple CÍty functÍons) Project Purpose The City of Oak Creek seeks proposals from qualified local government management consultants to evaluate operational workflows and capacity of Building and Permit-related activity, including Engineering, Building Inspections, Planning, and associated administrative/technical staff. The assessment will also review the Administrative Support Division, a pooled administrative service model supporting the building and permitting activities, as well as the Clerk's Offtce, Human Resources, Finance, Marketing & Public Relations, Planning support functions, and general front-counter customer service. The City seeks recommendations focused on workflows, staffing, organizational structure, and customer outcomes-not technology replacement or software implementation. Existing permitting and ERP systems should be assumed as the operational platform. Project Goals and Consultant Deliverables l. Improve the Permit Lifecycle and Process Performance Evaluate the complete permit process from customer intake/online submittal through plan review, permitting, inspections, and final closeout. Identiff opportunities to improve intemal and extemal communication, clarifr roles, reduce delays, and ensure consistent handling of permits across all stages, and between City departments. The consultant should focus on how work moves between the front counter/online submissions, ASA staff, plan reviewers, inspectors, and engineering staff, and identiff where breakdowns in ownership, handoffs, and communication occur, both internally and for the customer. 2. Functionally Design a new Building and Permit Center Model Recommend a new, customer focused Building and Permit "Center" that integrates Engineering, Building Inspections, Permitting, Planning, and Administrative Support processes into a coordinated, resilient, scalable, and customer-focused service model. The model should define clear responsibilities, improve internal coordination, and establish consistent expectations for customer service, responsiveness, and workload management across all employees/functions engaged in providing these services. 3. Optimize the Administrative Support Assistant (ASA) Group Evaluate the City's Administrative Support Assistant (ASA) group, its past evolution and current state, and its cross-departmental staffrng structure providing support for multiple departments. OAKCREEK - wtscoNstN - The Administrative Support Division provides administrative support to the Clerk's Office, Treasury, Human Resources, Finance, Marketing & Public Relations, Community Development support functions, and general City Hall customer service, in addition to supporting building and permitting activities. Recommendations should improve how this pooled administrative support model provides service coverage for departments served. The City is open to reallocation of Division staffing to specific departments, or skill/pay stratification within the Division, if that enables the City to better handle individual department workflows. The consultant should completely understand services the Division provides and make an assessment if stakeholder department's work is adequately covered. 4. Assess Engineering Services and Staffing Review Engineering responsibilities, workload, and staffing as they relate to both development review and capital/public infrastructure work. The City has increased investment in roads/sidewalks, ditching, and stormwater maintenance, and the consultant should provide a clear staffing deployment model to support these priorities. The City is also in a period of high private construction activity which contributes to staffing capacity issues. Identifr opportunities to improve coordination with permitting and inspection functions, clarifr roles, and align staffing with current and future workload demands. 5. Establish Service Standards and Staffing Alignment Recommend clear service expectations for permit review, inspections, and customer communication, along with a staffing model that supports those expectations. This should include recommended timeframes for permit review by type, inspection responsiveness, availability of technical permit support (stakeholder questions), and intemal workload balance across Engineering, Building Inspections, Permitting, and Administrative Support. Expected Deliverables o Assessment of current operations, workflows, and organizational structure within above areas. o Permit lifecycle and process improvement action steps for all permit categories. o A roadmap to create a customer-focused and streamlined Building and Permit "Center" operating model. o Action steps for optimizing the Administrative Support Division to best serve Cþ departments they support (and considering recent efficiencies through technology). o Engineering services assessment and staffing deployment recommendations. o Recommended service expectations (and measures) for permit review, inspections, and customer communication for all staff in the review process. OAKCREEK - wtscoNSrN - A clearly-defined staffing structure, roles and responsibilities refinement, and process improvement roadmap the City can implement immediately and that can scale with continued growth. PROPOSAL REQUIREMENTS: A complete proposal includes the following: l) Cover letter 2) Firm Qualifications and Experience 3) Project team qualifications and roles 4) Project Understanding a. In two pages or less, please describe your understanding of Oak Creek's objectives, and the organizational, operational, customer service, and workflow challenges this assessment is intended to address. 5) Project Approach and Methodology Briefly describe how your firm will: a. Initiate the Project b. Gather all relevant information c. Approach the Organizational Assessment d. Approach the Workflow analyses and Operational Review e. Distribute consultant time on-site versus virtually/remotely f. Present the findings, internally then publicly 6) Project Schedule 7) Proposed Cost SUBMITTAL QUESTIONS AND DEADLINE: Proposals should be submitted not later than Friday, August 7,2026 @ 5:00pm via email to Sara Kawczynski, Director of Administrative Services (skawczynski@oakcreekwi.gov). EXHIBITS: A. City of Oak Creek2026 Organizational Chart B. List of Inspection and Permitting Activities C. ASA Group Position Responsibilities Organizational and 0perational Assessment (mult¡ple City functions) PROPOSAL August 7 ,2026 RFP City of Oak Creek, Wl Kara Skinner Director 4320 WESÏ KENNEDY BLVD SUITE 2OO TAMPA, FLORIDA 33609 888.302.0899 kskinner@mgt.us MGT MGT lmpacting communities for good. 1 . Cover Letter August 7,2026 City of Oak Creek Sara Kawczynski, Director of Administrative Services 8040 South 6th Street Oak Creek, Wl 53154 Dear Ms. Kawczynski: Oak Creek has defined a clear opportunity to strengthen how development-related services operate across departmental boundaries. The City's next operating model must improve ownership throughout the permit lifecycle, align administrative and technical capacity with demand, establish servíce expectations that can be measured and managed, and provide leaders with a practical path to implementation using the systems already in place. This work will create a predictable experience for applicants and residents while giving employees clearer responsibilit¡es, stronger backup coverage, and better tools for managing workload and service performance. MGT lmpact Solutions LLC (MGT) is pleased to support Oak Creek in making those decisions. Our team brings directly relevant experience in municipal organizational assessment, development and permitting operations, shared administrative services, Engineering and public works capacity, workforce alignment, workload analysis, and implementation planning. This experience allows us to evaluate the City's challenges as an integrated operating model. Our public-sector work is grounded in the realities local governments manage every day:variable demand, cross-department dependencies, and the need to improve service without disrupting ongoing operations. For Oak Creek, the value of the assessment will be measured by the clarity and practícality of the recommendations and the implementation plan. The City will receive a validated understanding of how work is performed today; clear options for the Building and Permít Center, Administrative Support, Engineering capacit¡ staffing deployment, and service standards;and a sequenced roadmap that identifies accountable owners, resource implications, dependencies, and measures of progress. Recommendations will be designed to reduce duplication, clarify responsibility for advancing work, strengthen employee effectiveness, and improve communication and predictability for customers. Should you have questions on any aspect of this proposal, please contact Kara Skinner at kskinner@mgt.us. Regards, ¡-r, Chief Operations Officer for Revenue Operations. Authorized to bind the firm ctTY oF oAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 1 2. FIRM QUALIFICATIONS AND EXPERIENCE Oak Creek's assignment requíres a firm that can evaluate municipal operations as a connected service system. Our experience is grounded in the operating conditions local governments manage every day and recommendations that must withstand leadership, employee, and public review. For Oak Creek, this experience means the assessment will present options tested against the work being performed, the capacity available, the skills and authority required, the effect on customers and employees, and the City's ability to implement and sustain the change. Directly Relevant Municipal Experience MGT's relevant work demonstrates the ability to examine development services, organizational structure, shared support functions, staffing capacity, and public-facing recommendations under comparable municipal conditions. Exam ined development-permitt¡ng activity across Codes and Building Safety, Planning, Water, Fire, and Transportation. The work addressed cross-department bottlenecks, staffíng requirements by function and position, process coordination, and operating improvements affectin g permit delivery. Supported analysis and decísion- making involving plan review and inspection services within a large municipal Development Services operation. The work required clear presentat¡on of operational and resource implications for executive and public consideration. Evaluated staff-sharing and central ization opportunities involving multiple county offices. The analysis considered task responsi bilities, workload, coverage, organizational alternatives, and resource-allocation implications. Examined planning and building activitíes, peer practices, service structure, and opportunities to simplify customer-facing requirements and improve transparency. Provides direct experience following one permit service across multiple departments and connecting workflow constraints to staffing, ownersh ip, management, and service decisions. Demonstrates the abil¡ty to address technically complex and organizationally sensitive recommendations, validate them internally, and communicate them clearly in a public decision-making environment. Directly informs Oak Creek's eval uation of Adm inistrative Support by showing how pooled, department-aligned, and shared- service options can be assessed without presuming that one structure is appropriate for every task. Supports Oak Creek's goals for clearer expectations, a more navigable applicant experíence, and service improvements that do not require replacement of the City's current systems. Representative Experience Relevant Work Performed Application to Oak Creek Metropolitan Government of Nashville and Davidson County, Tennessee - Development Permitting and Organizational Reviews City of San Diego, California - Development Services Department Sangamon County, lllinois - Shared Services and Staff- Sharing Feasibility San Luis Obispo County, California - Planning and Building Services MGT PAGE 3CIry OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENT 2. FIRM QUALIFICATIONS AND EXPERIENCE Experience That Addresses Oak Creek's Principal Decisions Coordinating the Full Permit Lifecycle Permit performance ís rarely controlled by one department. Delays may arise from incomplete submissions, unclear ownership, unresolved concurrent reviews, uneven workload, technical dependencies, inconsistent customer communication, or limited visibility into aging work. MGT's development-services experience enables the team to evaluate those conditions across the full lifecycle. For Oak Creek, this experience will support decísions concerning: r Intake, completeness review, triage, and assignment. . Concurrent departmental reviews and checkoffs. . Ownership of customer status and communication. o Escalation of aging, complex, or stalled applications. r Coordination among Planning, Engineering, Building lnspections, Permitting, and Administrative Support. o Service expectations that reflect permit complexity and technical dependencies. Aligning Staffing and Capacity With Actual Demand Municipal staffing requirements cannot be determined through position counts or peer ratios alone. Work volume, complexity, seasonal demand, productive availability, credentials, customer contact, supervision, project obligations, and backup requirements all affect capacity. MGT's organizational and workload assessments connect these factors so leaders can distinguish among: . A workload level that requires additional capacity. . A process or assignment issue that can be corrected without adding staff. . Work that should remain with a licensed or specialized professional. . Administrative or coordination responsibílities that can be reassigned or standardized. . Demand that is best addressed through prioritization, cross-training, external support, or phased staffing. This distinction is centralto City's Engineering, Administrative Support, and permit-service decisions. lt reduces the risk of adding positíons without resolving workflow problems or redesigning processes that remain under-resourced. Evaluating Shared Administrative Services Shared-service structures can strengthen coverage, consistency, and flexíbilít¡ but only when the work assígned to the model is clearly defined. Department-specific knowledge, customer contact, system access, tíme sensitivity, seasonality, supervisory responsibility, and proximity to technical staff may require different service arrangements. MGT's staff-sharing and centralization experience provides a structured basis for examining: . Which responsibilities should continue to be pooled. CIry OF OAK CREEK IAUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 4 2. FIRM QUALIFICATIONS AND EXPERIENCE . Which work requires department-aligned knowledge or access. . Where hybrid assignments may provide the strongest balance. o How workload should be distributed and monitored. . What backup, cross-training, and service expectations are required. . What role, classification, supervision, or employee implications must be addressed. The result will be an Administrative Support recommendation based on the City's actual work and service obligations-not a general preference for either centralization or decentralization. Management Tools That Remain Useful After the Assessment The City of Oak Creek's value from the engagement will depend on whether the City can use the work products to manage implementation and future change. MGT's assessments produce practical management tools in addition to narrative findings, including: o Permit lifecycle maps identifying ownership, handoffs, queues, dependencies, rework, customer communication, and escalation. . Responsibility and decision-rights frameworks clarifying how participating departments contribute to one service. ¡ Workload and capacity models connecting demand, available staff time, skills, credentials, backlog, and service expectations. o Administrative Support task inventories and criteria for pooled, dedicated, or hybrid assignments. . Engineering portfolio analyses separating development review, capital delivery, infrastructure, stormwater, field, administrative, and credential-dependent work. . Service-standard frameworks addressing review time, inspection responsiveness, technical availability, communication, backlog, and workload balance. . lmplementation roadmaps identifying responsible owners, sequencing, resource requirements, dependencies, measures, risks, and decision points. These tools give employees and leaders a shared basis for managing the future operating model. Process maps make responsibilities and dependencies visible. Workload models allow staffing assumptions to be revisited as demand changes. Option matrices preserve the rationale for organizational decisions. Service measures give managers a consistent way to identify emerging constra¡nts. The implementation roadmap turns recommendations into assigned and trackable actions. DEFINED BY IMPACT. By strengthening coordination, accountability, and service consistency across development-related functions, this engagement will help residents, businesses, and applicants navígate City processes with greater clarity and confidence. lt will also better equip employees to serve the community while supporting responsible growth and long-term organizational resilience. MGT PAGE 5CIW OF OAK CREEK IAUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENT 3. PROJECT TEAM QUALIFICATIONS AND ROLES This requires a project team capable of evaluat¡ng the City's operating model as a whole-not simply its organizational chart or staffing levels. The analysis must address how work moves across Planning, Engineering, lnspection Services, Permitting, and Administrative Support; where decisions, handoffs, or accountability become unclear;and which organizational, staffing, and process changes are necessary to improve service, equip employees for success, and sustain ímplementation. MGT has structured its team around these requirements. Each team member will contribute to a common evidence base and coordinated anal¡ical framework so that recommendations concerning structure, staffing, workflow, and customer service are developed as components of one integrated operating model. Senior personnel will participate d¡rectly in discovery, interviews, operational analysis, option development, validatíon, and presentation of findings. Oak Creek will be supported by a locally based Project Management Team led by Ann Everhart Warren and Tyler Hall. Their partnership combines senior municipal human resources and organizationaþdesign expertise with municipal administration, operations, stakeholder coordination, and implementation experience. This structure provides continuity throughout the engagement while ensuring that both the organizational and operational dimensions of the assessment receive direct project- management attention. The Project Managers will maintain overall accountability for coordination and delivery, while the technical leads will be responsible for the quality and completeness of their respective analyses. Team Roles and Responsibilities Kara Skinner, Project Executive Ann Everhart Warren, Project Manager and Organizational Design Lead ] Tyler Hall, Project Manager, Municipal Executive oversight; leadership Project governance; Connects coordination; issue organizational and recommendatíons to escalation;fiscaland resourcedecisions; municipalleadership, implementation review;implementation budget, performance, review of major roadmap; internal and and implementation findings and public communication. realities. presentations. Joint project leadership, Day-to-day Project management; projectmanagement; organizational primary City contact; structure; staff engagement; Administrative organizational Support;staffing and assessment; role alignment; Administrative Support employee analysis;roleclarity; engagement; implementation and recommendation workforce validation. considerations. Joint project Project management; leadership, Day-to-day municipal operations; Provides one accountable contact and brings extensive municipal HR and organizational leadership experience to staffing, structure, and employee-impact decisions. Provides continuous, regionally based project Proposed Team Member and Role Primary Responsibilities Client-Facing ValueOak Creek Workstreams MGT PAGE 7crTY oF oAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENT Proposed Team Member and Role 3. PROJECT TEAM QUALIFICATIONS AND ROLES Operations and lmplementation Lead Ricardo Gepin, CPA, CFE, Development Process and Operational Review Lead Sarah McKee Municipal Operations and Engineering Staffing Lead Mike Adams Development Process and Permit Center Specialist Liana Shahapy Workflow and project coordination; City communication; schedule and activity management; stakeholder coordination; municipal operations analysis; issue tracking;cross- workstream integration; implementation planning. Permit lifecycle and operational review; management-study analysis; interviews; process evaluation; option development; service standards; internaland public presentations. Municipal operations analysis; Engineering workload and staffing deployment; public works perspective; cross-department coord ination; service- delivery and implementation review. stakeholder engagement; governance; cross- department coordination; recommendation integration; implementation roadmap. Permit lifecycle; Building and Permit Center;workflow analysis; service standards; operating options; implementation roadmap. leadership and firsthand municipal management experience coordinating complex functions, stakeholders, risks, and organizational priorities. Brings the team's strongest directly comparable permittin g, community- development, and operational-review leadership. Engineering capacity; workload allocation; organizational relationships; service coverage; staffing and external-support options. Grounds Engineering and operating recommendations in practical local- government and public works experience. Development-services analysis; permit- process review; Building and Permit Engineering, Planning, Center;permit and Building lifecycle;customer interfaces; staffing and service; staffing and resource drivers; resource tradeoffs; Permit Center service standards. operating-model design. Connects process design to the operational realities of development review, permitting, inspections, and technical services. Data inventory; Workload and capacity; Makes staffing and workload and capacity peer comparisons; service analysis; peer workflow analysis; recommendations research;staffing staffing scenarios; transparent by Primary Responsibilities Client-Facing ValueOak Creek rkstreams MGT PAGE 8clTY oF oAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENT Proposed Team Member and Role Primary Responsibilities Oak Creek rkstreams 3. PROJECT TEAM QUALIFICATIONS AND ROLES Staffing Analytics Lead Kattrina Schmitzer Quality Assurance and Senior Review scenarios; service measures; process mapping; quantitatíve and qualitative validation. lndependent review of evidence, anal¡ical logic, recommendations, process standardization, implementation feasibility, report quality, and presentation materials. service standards; performance measures. Quality assurance; process improvements; implementation roadmap;draft and final reports; internal and public presentations. documentíng assumptions, ranges, data limitations, and decision criteria. Protects the consistency, credibility, and decision-readiness of findings across all workstreams. Team lntegration and Continuity MGT will maintain one integrated work plan, one consolidated evidence base, and one coordinated recommendation framework. Ann will remain the City's primary contact, with Kara serving as the executive escalation point. Technical leads will be accountable for defined analyses, but all findings will be reviewed across workstreams before recommendations are finalized. This structure ensures that: . Staffing recommendatíons reflect actualworkflow and service demands. o Permit-process changes are supported by clear organizational ownership. . Engineering recommendations account for development review and infrastructure responsibilities. . Administrative Support options address workload, department knowledge, customer access, employee capability, and continuity. . Service standards are tied to realistic staffing and operating conditions. r The implementation roadmap identifies accountable owners, dependencies, resource requirements, and measurable actions. Resumes of the proposed team are provided on the following pages. Resumes Client-Facing Value MGT PAGE 9CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENT Kara Skinner, M.A. Director 0ak Creek Qualifications: 3. PROJECT TEAM QUALIFICATIONS AND ROLES Kara Skinner is a Director at MGT with nearly 20 years of experience in local government finance and strategic operations. She brings a wealth of expertise in budgeting, financial management, and organizational efficiency, gained through her roles as Chief Financial Officer for the City of Boulder and the City of Colorado Springs. Kara has managed multi-million-dollar budgets, led large teams, and guided complex projects, including financialsystem implementations and cost allocation studies. At MGT, she leverages her extensive background to help municipalities optimize financial operations and improve fiscal transparency. With a strong foundation in economics and a track record of leading successful financial initiatives, Kara specializes in advising government agencies on budget development, risk management, and performance improvement. Her leadership and collaborative approach ensure that clients receive tailored, solutions-oriented strategies to enhance financial management and achieve long- term success. Areas of Expertise . Government Financial Management . Budget Development and Strategic Planning . Cost Allocation and Fee Studies . Financial Reporting and Auditing . Risk Management and lnternalControls . Financial Systems lmplementation Education M.A., Economics, Duke University 8.A., Economics, University of Colorado Work Experience MGT lmpact Solutions, LLC, Director, 2024-Present City of Boulder, CO, Chief Financial Officer, 2022-2024; Assistant Director of Finance, 2017-2022 City of Colorado Springs, CO, Chief Financial Officer, 2012-2017; lnterim Budget Director, 2012; Fiscal Planning Manager, 2010- 201 1; Financial Services Manager, 2009-2010; Principal Analyst, 2006-2009 Hawaii Public Utilities Commission, Economist State of Hawaii, Associate Analyst Hawaiian Electric Compan¡ Rate Research Analyst Uníversity of Hawaii at Manoa, College of Business Administration, Adjunct I nstructor, Economics University of North Florida, College of Business Administration, Adjunct I nstructor, Economics Jacksonville University, Adjunct lnstructor, Economics Maine Public Utilities Commission, Utility Analyst Maine Department of Labor, Economic Research Analyst a a Nearly 20 years of municipal finance, strategy, and operational leadership. Former CFO for Bpulder and Colorado Springs, bringing firsthand executivelevel municipal perspective. Connects organizational recommendations to budget, risk, performance, and implementation realíties. Experienced leading large teams, complex initiatives, and financial-system implementations. Provides sen ior oversight to keep recommendations practícal, financially informed, and actionable. o a CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 1O 0ak Creek Qualifications: 3. PROJECT TEAM QUALIFICATIONS AND ROLES Ann Everhart Warren has more than 30 years of experience working in and with local governments, serving as both a municipal leader and human resources partner. She focuses on enhancing the employee experience and strengthening organizational effectiveness at all levels. A lifelong learner, she is dedicated to excellence in training, employee development, and fostering environments of engagement and open communication. Over 32 years across four municipalitíes, Ann has built strong, lasting relationships and is recognized as a trusted leader and mentor to HR professionals. She takes a collaborative approach, prioritizing an understanding of each organization's culture to address its specific needs. Her extensive public sector experience enables her to support major organizational changes and critical personnel decisions, delivering successful outcomes for the organizations and communities she serves. Areas of Expertise . Human Resources Management in LocalGovernment . Employee Experience Enhancement Strategies . Training and Development Program Design and lmplementation . Mentorship and Leadership Development Initiatives . Organizational Assessment, Policy Review, and Development . Classification and Compensation Assessments Education M.4., Communications, Northern lllinois University 8.4., Political Science, North Central College Foreign Policy Studies, American University Memberships & Affiliations Senior Professionalin Human Resources, HRCI Society for Human Resource Management Senior Certified Professional (SHRM-SCP) Labor Relations Professional, National Publíc Employer Labor Relations Association Diversity, Equity, and lnclusion in the Workplace, University of South Florida Work Experience MGT lmpact Solutions, LLC, Senior Consultant, 2025-Present; Ap proved I nd ependent Executive Recru iter, 2023 - 2025 Village of Schaumburg, lL, Director of Human Resources, 2015- 2022 City of Crystal Lake, lL, Director of Human Resources, 2004-2015 City of Longmont, CO, Director of Human Resources, 1999-2003 City of Naperville, lL, Director of Human Resources, 1996-1999 Cíty of Naperville, lL, Human Resources Generalist and Management Analyst, 1 992-1 996 Naper Settlement, Director of Administration, 1990-1992 a a More than 30 years of local- government and municipal HR leadership experience. Served as HR Director for four municipalities, providing direct knowledge of organizational change and workforce implementation. Deep expertise in organizat¡onal assessment, role des¡gn, employee development, and policy review. Strong facilitator who understands how culture, communication, and employee engagement affect implementation. Holds SPHR and SHRM- SCP credentials, strengthening the project's human resources and organizational advisory depth. a a a CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 11 0ak Creek Qualifications: 3. PROJECT TEAM QUALIFICATIONS AND ROLES Tyler Hall is a Senior Consultant at MGT with more than a decade of experience supporting local governments in strengthening operations, financial practices, and community-facing services. His background spans municipal administration, economic development, public safety, and organizational improvement. Tyler has successfully led cost recovery initiatives, secured and managed multimillion-dollar grant funding, and guided the design of programs that improve service delivery fiscal sustainability, and community outcomes. Prior to joining MGT, Tyler served as Assistant Village Manager for the Village of Homewood, where he oversaw human resources, collective bargaining, civic engagement, communications, lT, and risk management. He also brings extensive experience from prior roles in municipal management and public safety agencies, including the Village of Arlington Heights and the City of Highland Park. ln addition to his consulting practice, Tyler serves on the Chicago Police Board, where he contributes to police accountability and governance. He is recognized for his ability to navigate complex intergovernmental issues, build consensus among diverse stakeholders, and deliver actionable solutions that balance operational needs with community priorities. Areas of Expertise . Municipal Operations and Organizational Reviews . Public Finance and Cost Recovery Strategies . Grant Acquisition and Administration (Federal, State, and Foundation Funding) . Economic Development and Public-Private Partnerships . Labor Relations and Collective Bargaining . Public Safety and Community Policing lnitiatives . Risk Management and Compliance Programs . Civic Engagement and Stakeholder Collaboration . Strategic Planning and Policy Development . Governmental Board Leadership and Governance Education M.P.A., Northern lllinois University 8.4., Political Science, Wittenberg University Work Experience MGT lmpact Solutions, LLC, Senior Consultant, 2025-Present Downing Community Advisors, Senior Advisor, 2024-2025 Village of Homewood, lL, Village Manager's Office, Assistant Village Manager, 2023-2024 Village of Arlington Heights, lL, Police Department, Management Analyst, 2017-2023 Cíty of Highland Park lL, Police Department, Crime Analyst/Accreditation M ana ger, 201 5-201 7 ; City M a nager's Office, Administrative lntern, 201 3-201 5 a Former Assistant Village Manager with direct respons¡bil¡ty for HR, labor relations, commun¡cations, lT, risk management, and civic engagement. More than a decade of local-government experience coordinating complex operational, organizat¡onal, and commun¡ty-facing priorities. Brings the cross- department perspective needed to connect Oak Creek's staffing, workflow, governance, and customer- service decisions. Skilled in stakeholder facil itation, consensus building, and translating broad municípal objectives into accountable implementation actions. Provides local project- management continuity and practical municipal judgment throughout discovery, validation, report¡ng, and implementation planning a a o CITY OF OAK CREEK IAUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 12 Oak Creek Qualifications: 3. PROJECT TEAM QUALIFICATIONS AND ROLES Ricardo Cepin, a Director with MGT, is a skilled audit and accounting professional with over 10 years of government audit and consulting experience. With a deep understanding of public sector financial management, Mr. Cepin has successfully led numerous audits and consulting projects for local and state government agencies. ln addition to his technical expertise, Mr. Cepin is a dedicated professional who values integrity, accountability, and continuous improvement. He is passionate about serving the publíc interest and contributing to the sound financial management of government resources. Areas of Expertise . lnternal Controls . Performance Audits . OperationalAudits . Compliance Audits . Management Studies . Organizational Reviews . Data Analytícs . Fluent in Spanish Education M.B.A., Florida State University 8.S., Accounting, University of South Florida Certifications Certified Public Accountant (CPA), Florida, 2015 Gertified Fraud Examiner (CFE), 2016 Work Experience MGT lmpact Solutions, LLC, Director, 2022-P¡esent; Manager, 2A21 - 2022; Senior Consultant, 2019-2021 ; Consultant, 201 8' 2019 Hillsborough County lnternal Auditor's Office, Senior lnternal Auditor, 2017-2018 Florida Auditor General, Senior Auditor, 2016-2017; Auditot 2O14- 2016 a More than 10 years leading government audits, management studies, and operational reviews. Brings disciplined root- cause analysis grounded in evidence, internal controls, and data analyt¡cs. Experienced evaluating organizational structure, compliance, performance, and operational effectiveness. CPA and CFE credentials reinforce analytical rigor and accountab¡l¡ty. Well suited to translate complex operat¡ng findings into clear, supportable management decisions. a a a a Ricardo Cepin, M.B.A., CPA, CFE Director CIW OF OAK CREEK IAUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 13 Sarah McKee, M.P.A. Senior Consultant 0ak Creek Qualifications: 3. PROJECT TEAM QUALIFICATIONS AND ROLES Sarah McKee is a seasoned professional with more than 25 years of experience in local government and nonprofit management. As a Senior Consultant at MGT, she has led recruitment efforts and conducted organizational analyses across 26 states, specializing in departmental organizational analysis, performance evaluations, and classification and compensation studies. Her tenure in city management roles in Johnstown, Ohio, and Rolling Meadows, lllinois, highlights her strategic leadership, including successful community growth initiatives, comprehensive planning, and fiscal management during economic downturns. Prior to her city management experience, Ms. McKee developed extensive expertise in public works, including implementing innovative cost-saving measures such as the establishment of Kentucky's first biosolids composting facility. Her international experience through ICMA and APWA programs includes developing Bulgaria's solid waste management program and contributing to Lebanon's economic development plan. She also served as Executive Director of the lssaquah Highlands Community Association, where she led and managed a large-scale master-planned urban village and enhanced communily services and infrastructure. Areas of Expertise . Local Government Management . Recruitment and Organizational Analysis . Classification and Compensation Studies . Strategic Planning and Fiscal Management Education M.P.A., Organizational Communications, Murray State University 8.S., Business Administration (Management), Murray State University Memberships & Affiliations lnternational City/County Management Association (ICMA), Coach lllinois Government Finance Officers Association lndiana Municipal Managers Association I llinois City/County Management Association American Public Works Association Work Experience MGT lmpact Solutions, LLC, Senior Consultant, 2015-Present lssaquah Highlands Community Association, WA, Executive Director, 2011-2014 City of Rolling Meadows, lL, City Manager, 2008-2011 Village of Johnstown, OH, Village Manager, 2003-2008 City of Paducah, KY, Public Works Department: Public Works Director, 1 999-2003; Solid Waste/Fleet Superintendent, 1994- 1999; Community Development & Planning Department: lntake Coordinator, 1992-1994; Parks & Recreation Department: Administrative Assistant, 1 991 - 1 992 a More than 25 years of local- government management and organizational analys¡s experience. Former City Manager, Village Manager, and Public Works Director with firsthand responsibility for service delivery and staffing. Understands the competing demands of development rev¡ew, infrastructure, fiscal management, and community growth. Bríngs direct experience in public works, community- development intake, organizational analysis, and performance evaluation. Grounds staffing and operating recommendations in practical municipal implementation conditions a a a a CIry OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 14 0ak Creek Qualifications: 3. PROJECT TEAM QUALIFICATIONS AND ROLES Mr. Adams has over 20 years of experience in local government cost accounting, conducting user fee studies and cost allocation plans. His career has spanned multiple firms, including positions with Maximus, Public Resource Management Group, and MGT. Mr. Adams holds a Bachelor of Science in Business from the W. P. Carey School of Business at Arizona State University. Mr. Adams specializes in fee structures and funding models for commercialand residential development and has a deep understanding of engineering, planning, building, and public safety operat¡ons. He led a comprehensive fee study for the Environmental Health Division of the County of Los Angeles Department of Public Health. The study analyzed $gO mill¡on associated with 200 service offerings, which provide in excess of 200,000 annual permits, reviews, and inspections. The study determined that $15 míllion in potential new revenue could be generated. Mr. Adams also performed a cost-of-service study for the Orange County Fire Authority (OCFA). OCFA provides over 350 fire prevention services for all 23 member cities within Orange County. He has conducted comprehensive comparative and cost recovery studies for clients. His expertise spans cities, counties, and state government agencies across the country. He has worked on projects for the City of Flagstaff, Maricopa County, City of Newport Beach, City of Huntington Beach, City of lrvine, City of Long Beach, and St. Louis County, Missouri. Areas of Expertise . Local Government Cost Accounting . User Fee Studies and Cost Allocation Plans . Fee Structures and Funding Models . Development Process Expertise . Public Works, Engineering, Planning, and Building Operations . Staffing and Cost Recovery Strategies . Comparative Studies of Fees and Cost Recovery Structures . Municipal Finance and Budgeting . Project Management in Government Contexts . Consulting for Cities, Counties, and State Government Education 8.S., Business, W. P. Carey School of Business at Arizona State University Work Experience MGT lmpact Solutions, LLC, Director, 2026-Present; User Fee Sr. Consultant & Development Special ist, 2007 -2026 a a More than 20 years working with municipal Engineering, Planning, Building, public safety, and development- service functions. Deep knowledge of permit, review, inspection, staffing, and cost drivers. Led analysis of more than 200,000 annual permits, reviews, and ¡nspections for Los Angeles County. Connects workflow and customer-service recommendations to resource, staffing, and operational implications Brings broad experíence across cities, counties, and state agencies natíonwide. o a CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 15 Oak Creek Qualifications: 3. PROJECT TEAM QUALIFICATIONS AND ROLES Liana Shahapy is a Senior Consultant at MGT with extensive experience managing large-scale financial advisory and strategic planning ínitiatives for state and local governments. She has managed more than $150M in funded projects and excels at driving stakeholder engagement to ensure successful outcomes. With a strong focus on data-driven decision-making and cross- functíonal collaboration, Liana delivers impactful solutions tailored to the needs of state, local, and education sector clients. Prior to joining MGI Liana was a Consultant at Deloitte, where she advised state and localgovernments on strategic initiatives. Her expertise in data analytics and financial management supported the delivery of large-scale projects, including dynamic pricing strategies and the implementation of cloud-based tools to enhance forecasting accuracy. Most recently, she served as a Strategic Partnerships Manager at Warner Bros. Discovery, where she led data-driven initiatives to secure major partnerships and drive revenue and subscriber growth for HBO Max. Areas of Expertise . Strategic Planning and Execution . Project and Financial Management . System lmplementation and Optimization . Data Analytics, Visualization, and Reporting . User Fee and Cost Recovery Studies . Municipal Revenue and Fiscal Policy . Process lmprovement and Operational Efficiency . Stakeholder Engagement and Facilitation . Policy and Program Analysis . Benchmarking and Peer Comparison Studies . Training Material Development . Financial Modeling and Forecastíng . Regulatory and Compliance Review (State and Local) . Performance Measurement and KPI Design Education M.A., Public Policy and Economics, Andrew Young School of public Policy, Georgia State University B.B.A., Business Economics, Georgia State University Work Experience MGT lmpact Solutions, LLC, Senior Consultant, 2024-Present Warner Bros. Discovery (HBO Max), Strategic Partnerships Manager, 2022-2023 Deloitte, Government and Public Sector, Strategy and Analytics Consultant, 2019-2022 a Experienced in data analytics, benchmarking, financial modeling, and performance-measure design. Has managed more than $t so m¡llion in funded public-sector initiatives. Skilled at translating incomplete or complex information into transparent assumptions, scenarios, and decision tools. Brings strong cross- functional facilitation and stakeholder-en ga gement capabilities. Supports measurable staffíng, workload, service standard, and implementation recommendations. a a a a MGT PAGE 16 CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENT 0ak Creek Qualifications: 3. PROJECT TEAM QUALIFICATIONS AND ROLES Kattrina Schmitzer is a seasoned Senior Vice President with 20 years of experience in regulatory compliance, consulting, and leadership within the public sector. Her expertise spans federal compliance and reporting, stakeholder engagement, and project management. Known for her top-tier interpersonal and communication skills, Kattrina has successfully managed statewide and large-scale projects, system implementations, and business process reviews for state agencies, local governments, and nonprofits. With a strong background in data analysis and change management, she excels in structured communication and training, ensuring operat¡onal efficiency and standardized procedures. Areas of Expertise . Working with State Agencies in the Public Sector . 0perational Efficiency and Business Process Review . Systems Development and Change Management . Regulatory Compliance and Reporting . Procedures Development and Standardization . Data Analysis and Presentation Development . Structured Communication and Training . Project Management . StakeholderEngagement . 2 CFR Part 200, Cost Allocation Plans, lndirect Cost Rates, and User Fees Education M.S.l.S.T., lnformation Systems Technology (focus in lnformation Systems Development), George Washington University B.B.A., Finance and lnformation Systems, Minor in French, George Washington Universíty Certifications Executive Presence and lnfluence: Persuasive Leadership Development, The Wharton School Aresty lnstitute of Executive Education Work Experience MGT lmpact Solutions, LLC, Senior Vice President, 2025-Present; Vice Preside nT, 2O21 - 2025 Public Consulting Group, lnc., Client Services Manager, PCG Education (NJ) Public Consulting Group, lnc., Senior Consultant, PCG Education (Fee-for-Service Business Line) Public Consulting Group, lnc., Consultant, PCG Education (NJ/Fee- for-Service Business Line) DC Government Office of the State Superintendent of Education (OSSE), Special Education Data Project Director The George Washington University, Academic Technology Compliance Specialist a Twenty years of public- sector consulting, regulatory compl¡ance, and leadership experience. Deep expertise in business- process review, operational efficiency, and procedure standardization. Experienced managing large-scale projects, system implementations, and organizational change. Strengthens report quality through independent review of evidence, logic, feasibility, and stakeholder implications. Brin gs executive-level communication and presentation experience to internal and public deliverables. a a a Kattrina Schmitzer, M.S. l.S.T. Senior Vice President CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMC',7 PAGE 17 , I Oak Creek's operating environment has changed materially since the C¡ty co-located functions and established its centralized Administrative Support model in 2015. Online access has expanded to approximately 75'/o of permits and licenses, administrative personnel have been redeployed as transaction patterns have changed, and staffing within the centralized support function has declined from 11 employees to eight. At the same time, private development and public infrastructure activity continue to place pressure on Building lnspections, Permitting, Planning, Engineering, and the administrative functions that support them. The assessment must determine whetherthe organizationalstructure, staffing model, workflows, and service expectations developed over the past decade remain aligned with how Oak Creek now operates and serves its customers. The central management issue is how to create clear accountability across functions that retain distinct responsibilities but contribute to one customer experience. Oak Creek needs an operating model that reduces unnecessary or duplicative effort, aligns capacity with changing demand, establishes clear roles and decision authority, and equips employees with the training, procedures, and tools required to perform successfully. A Coordinated Permit and Customer Service Model Oak Creek has made significant progress in expanding online permittíng and licensing. The City is not seeking a replacement permitting or ERP platform; rather, it needs to determine whether existing business practices, staff knowledge, system configuration, and organizational responsibilities allow the current platform to support efficient and transparent service. Opportunities may exist to improve how employees use available system capabilities, but technology should support-not substitute for-clear ownership and effective operating practices. The permít review process is based on concurrent departmental reviews and checkoffs rather than a strictly sequential workflow. Applications may therefore experience delays when one or more reviews remain incomplete, dependencies are not readily visible, responsibility for advancing an application is unclear, or there is no consistent method for escalating aging or stalled items. The assessment must examine how reviews are assigned and coordinated, how unresolved requirements are identified, and who remains accountable for customer communication and overall progress when multiple functions participate. The analysis must also distínguish among the potential causes of each operational issue. Some logjams may result from unclear roles, redundant handling, inconsistent procedures, or limited use of existing system capabilities. Others may reflect sustained workload, incomplete submissions, technical dependencies, or insuffícient specialized capacity. Additional staffing will not correct an unclear process, while process redesign alone will not resolve a recurring capacity shortage. Permit applications vary substantially in complexity and required technical involvement. Routine residential permits cannot be evaluated against the same assumptions as commercial development, stormwater, right-of-way, or infrastructure-related applícations. The proposed Building and Permit Center should be evaluated primarily as an operating and customer service model. Since relevant functions are already co-located, the principal decisions concern how responsibilities, decision rights, workload management, and customer contact should be organized across Engineering, Building lnspections, Permitting, Planning, and Administrative Support. The preferred model should provide customers with a coordinated CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 19 4. PROJECT UNDERSTANDING experience without diminishing the specialized authority or professionaljudgment of participating functions. Administrative Support and Engineer¡ng Capacity Oak Creek's centralized Administrative Support modelwas established to serve both ínternal departments and external customers. lt currently includes support for Planning, Engineering, and lnspections, as well as front-counter and administrative support for other City departments. The assessment must determine whether this two-part structure continues to provide an appropriate balance of centralized service, department-specific knowledge, customer access, and operational flexibility following staffing reductions, expanded online services, and prior employee redeployments. This analysis requires more than comparing staffing totals. Administrative Support serves functions with different daily, recurring, and seasonal demands, including the Clerk's Office, Treasury Finance, Human Resources, Marketing and Public Relations, Community Development, permitting functions, and general City Hall customers. Elections, tax cycles, licensing, financial processing, records responsíbilities, community events, and other time-sensitive activities create service and coverage requirements that may not be visible through average workload measures. Online services may reduce routine counter transactions while increasing the need for customer guidance, issue resolution, completeness review, and assistance with more complex or incomplete submissions. The assessment must identify how the work has changed, where department-specific knowledge is required, where responsibilities are duplicated, and where limited backup or unclear ownership creates service risk. The appropriate future structure may retain the pooled model, modify it, or combine pooled and department-aligned assignments. Recommendations should be based on workload, required skills, service coverage, accountability, seasonal demand, and organizational resilience. Engineering presents a related capacity and deployment issue. lncreased development activity and City investment in roads, sidewalks, ditching, stormwater, and other infrastructure create simultaneous demands for development review, capital project delivery, field coordination, and technicaloversight. The assessment must distinguish work requiring professional credentials and technicaljudgment from responsibilities that may be standardized, reassigned, or supported administratively. lt must also clarify how Engineering priorities and workload should be coordinated with Planning, Building lnspections, Permitting, and Administrative Support. Sustainable Service Commitments Oak Creek needs practical service standards alígned with workload, staffing, technical requirements, and interdepartmental dependencies. These standards should address acknowledgment, completeness review, assignment, status updates, inspection scheduling, escalation, and delayed matters-not only total turnaround time. Success will be reflected in clearer accountabilíty, less duplication, stronger customer service, and a permit process that employees are equipped to deliver and that supports Oak Creek's broader development goals. CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 20 I.:: .ù: I t: tt'-' ii ) 5. PROJECT APPROACH AND METHODOLOGY Our analysis will be grounded in multiple sources, including operational data, documents, interviews, direct observation, representative permit transactÍons, and relevant municipal practices. Oak Creek's current permitting and ERP systems will remain the operational platform. MGT will not approach this engagement as a technology replacement initiative. We will, however, evaluate whether existing system functionalit¡ configuration, staff knowledge, or operating practices contribute to visibility, assignment, communication, or workload-management issues. Workplan Overview MGT's approach is organized as seven interdependent phases that move the City from verified current-state evidence through organizational and workflow analysis, future-state design, and implementation planning. Each phase includes a defined City participation point so factual findings are confirmed before operating options are developed and recommendations are advanced. A. lnitiate the Project B. Gather All Relevant lnformation Conduct the kickoff meeting; confirm objectives, scope boundaries, deliverables, success criteria, stakeholder groups, data requirements, decision authority, communícation protocols, review cycles, and the existing- system boundary. Finalize the interview plan, on-site and remote activity schedule, project controls, and escalation procedures. Review organizational, staffing, workload, permit, inspection, Administrative Support, En gineerin g, customer-service, and performance information. Conduct 20-25 leadership and staff interviews, observe front- counter and internal operations, trace representative permit and service transactions, assess use of the existing permitting and ERP platforms, and conduct targeted peer and practice research. Designate the project Detailed work plan; sponsor, coord inator, responsi bil ity matrix; department leads, data and document anddataowners. request;stakeholder Confirm participants, engagement and access requirements, interview plan; review periods, milestone and decision-making decision calendar; protocols, and the risk, issue, detailed project assumption, and schedule. decision logs. Provide available documents, data, and system reports; identify interview participants; coordinate access to staff and operations; clarify data defin itions, operating practices, and known limitations. Data inventory and límítations assessment; interview and stakeholder themes; observation findings; permit and service transaction profiles; peer context; initial issue and opportunity inventory. Key Activities City Participation and Decision Points Work Plan Component Primary Outputs ctw oF oAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE22 Work Plan Component Key Activities Primary Outputsand Decision Points Participation 5. PROJECT APPROACH AND METHODOLOGY Evaluate organizational structure, reporting relationships, supervisory spans, decision authority, role clarity, staffing deployment, workload, productive capacity, backup coverage, and reliance on institutional knowledge. C. Approach to the Assess Administrative Support Organizational responsibilitiesandpooled, Assessment dedicated, or hybrid options. Segment Engineering demand across development review capital delivery, infrastructure, field, technical, and administrative work. Develop and compare future-state organizational and staffing oPtions. Map representative permit categories as concurrent review and check-off processes. Analyze intake, completeness review, assignment, technical dependencies, customer D. Approach to the communication, inspections, Workflow escalation, and closeout. Analyses and ldentify root causes of Operational logjams, rework, duplication, Review unclear ownership, and ínconsistent practices. Design future-state workflows, the Building and Permit Center operating model, service Validate current roles, workload assumptions, seasonal requirements, service obligations, credential requirements, and organizational constraints. Review operating alternatives and identify fiscal, labor, policy, employee, and implementation considerations. Organizational and accountability assessment;role and decision-rights findings; workload and capacity analysis; Administrative Support service inventory and options; Engineering deployment findings; future-state organizational and staffing alternatives Validate current- state process maps, exceptions, dependencies, and workarounds. Participate in future- state design sessions and confirm practical requirements for assignment, coordination, communication, escalation, service standards, and Validated current- state and future- state process maps; issue-and- opportunity matrix; root-cause findings; Building and Permit Center operating model; review and check-off responsibility framework; service standards; performance measures; system- use and training opportunities. E. Distribute Consultant Time On-Site Versus Virtually/Remotely standards,andperformance management measures within the City's reporting. existing systems. Apply an activity-based delivery Confirm staff Confirmed on-site model across the engagement. availability, and remote delivery Concentrate on-site tíme on operational access, calendar; efficient interviews, observation, site-visit logistics, deployment of transactionwalk-throughs, meetingformats,andtechnical specialists; current-state validation, future- presentation dates. continuity between state design, leadership Coordinate activities discovery, analysis, working sessions, and to maximize validation, and presentations. Use remote employee reporting; alignment CITY OF OAK CREEK IAUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 23 Work Plan Component City Participation and Decision PointsKey Activities Primary Outputs 5. PROJECT APPROACH AND METHODOLOGY delivery for document and data participation whíle review, workload analysis, peer minimizing research, process mapping, disruption to City scenario development, operations. drafting, routine coordination, and quality review. Review current-state find ings with staff and managers; present preliminary findings and operating options to City leadership; validate the preferred organ izational, staffing, workflow, and service direction; prepare the draft report and implementatíon roadmap; resolve consolidated City comments; and finalize the report and public presentation. Confirm factual accuracy, select or refine the preferred direction, identify implementation owners and constraÍnts, provide consolidated comments, validate public messaging, and approve the final presentation sequence. of consultant time with the approved scope and cost. Validated recommendations; prioritization matrix; preferred operating and staffing model; 30-,60-, and 90-day actions; implementation roadmap; responsibility and management tools; draft and final reports; internal findings presentation; public presentation. F. Presentthe Findings, lnternally then Publicly A. lnitiate the Project MGT will begin with a structured kickoff involving the City's project sponsor, designated project manager, participating department leaders, and MGT's project leadership. The kickoff will establish a common understanding of the decisions the assessment must support and the information required to make those decisions. During project initiation, MGT will: r Confirm the scope, objectives, boundaries, deliverables, and intended outcomes. . Review the project schedule, milestones, City review periods, and presentation sequence . Confirm the departments, employee groups, and stakeholders that will participate. . Finalize the proposed20-25 leadership and staff interviews. . ldentify the principal permit and service categories to be examined in detail. . Confirm available operational data, system reports, documents, and prior analyses. . Establish protocols for confidential interviews, employee communication, and consolidated City comments. ¡ Confirm the distribution of on-site and remote activities. . Define how preliminary findings, operating options, and recommendations will be revíewed before public presentation. Following kickofl MGT will prepare a detailed project management plan that includes: o Task schedule and milestones. ctw 0F oAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 24 5. PROJECT APPROACH AND METHODOLOGY . Responsibility matrix for MGT and City participants. o Document and data request. . lnterview and stakeholder-engagement plan. o Meetíng and decision calendar. . Risk, íssue, and assumption log. o Deliverable review and approval process. MGT's project manager will serve as the City's primary point of contact, provide regular progress updates, and identify data, scheduling, or access issues early enough to protect the agreed schedule. B. Gather All Relevant lnformation MGT will develop the current-state assessment through coordinated document review, data analysis, stakeholder engagement, direct observation, and representative transaction reviews. Recommendations will not be based solely on organizatíonal charts, individual perspectives, or a single workload measure. DOCUMENT AND DATA REVIEW The initial information request will be refined with the City during kickoff. Relevant materials may include: . Organizational charts, reporting relationships, staffing histories, vacancies, and authorized positions. . Job descriptions, work schedules, supervisory assignments, and backup practices. . Standard operating procedures, desk manuals, forms, checklists, customer guidance, and training materials. r Permit and license volumes by type, submission channel, status, and disposition. . Available timestamps for intake, completeness review, assignment, departmental review, corrections, issuance, inspection, and closeout. r lnspection volumes, scheduling practices, response times, cancellations, and rescheduling. . Backlog, aging, incomplete-application, correction, and exception data. . Customer inquiries, complaints, survey results, and other service feedback. . Administrative Support task inventories, frequencies, departmental assignments, seasonal responsibilitíes, and counter requirements. . Engineering workload associated with development review, capital projects, roads, sidewalks, ditching, stormwater, and related infrastructure. . Overtime,leave, external support, consultant use, and workload-shifting practices. r Current performance measures, service commitments, and management reports. MGT will establish a data inventory identifying the information received, relevant time periods, limitations, and assumptions. Where reliable data are unavailable, we will use structured estimates, representative case reviews, and staff validation rather than presenting unsupported precision. CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 25 5. PROJECT APPROACH AND METHODOLOGY LEADERSHIP AND STAFF INTERVIEWS MGT will conduct 20-25 interviews with City leaders, managers, supervisors, technical staff, inspectors, planners, engineers, Administrative Support personnel, and representatives of departments receiving pooled administrative support. lnterview guides will be tailored by role and will examine: ¡ Actual responsibilities compared with formal descriptions. . Decision authority and reporting relationships. . Work assignments, coverage, workload variation, and competing priorities. o Coordination among administrative and technical staff. . Points where responsibility, information, or customer communication becomes unclear . Common logjams, exceptions, repeated work, and service concerns. r Specialized knowledge, credentials, system access, or training required. . Seasonal and recurring work not visible in annual totals. r Opportunities to clarif¡ standardize, reassign, or eliminate work. r Practical considerations that could affect implementation. Themes will be summarized without attributing individual comments unless expressly authorized. DI RECT OBSERVATION AND TRANSACTION WALK.TH ROUGHS MGT will observe how work is performed in practice, including front-counter activity, online and in-person intake, administrative routing, review coordination, inspection scheduling, customer inquiries, and selected back-office processes. Representative permits and service requests will be traced from intake through completion. The sample wíll include different levels of complexity and departmental involvement. Each review willexamine: . Entry point and completeness requirements. . Review assignments and concurrent checkoffs. r Departments and employees involved. . Dependencies among reviews. o Customer communication points. ¡ Active processing time and waiting time. . Corrections, resubmittals, and exceptions. . lnspection and closeout activities. o Responsibility for advancing the application. This work will show how formal procedures and system functionality operate under actual conditions. EXISTI NG.SYSTEM PRACTICES The assessment will examine how the City uses its current permitting and ERP platform to support assignment, concurrent review, checkoffs, status visibility, communication, escalation, CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 26 5. PROJECT APPROACH AND METHODOLOGY and workload monitoring. MGT may identify opportun¡t¡es for improved procedures, configuration review, staff education, or more consistent use of existing capabilities Recommendations will not include system replacement or software implementation PEER AND PRACTICE RESEARCH MGT will conduct targeted research regarding comparable municipal operating models, staffing practices, service standards, centralized support structures, and permit-review processes. Peer selection will consider community scale, development activity, organizational structure, service portfolio, and workload. Peer practices will be used to test the reasonableness of Oak Creek's options-not to impose another jurisdiction's structure without accounting for differences in authority, staffing, workload, and service expectations. C. Approach to the 0rganizational Assessment Structure, Governance & Accountability Reporting relationships, supervisory spans, decision authority, and continuity during peaks Administrative Support Division Shared-service inventory comparing pooled, department-aligned, and hybrid options Role, Responsib¡l¡ty & SkillAlignment Documented vs. actual work, ownership gaps, and a practical decision-rights framework Workload, Capacity & Staffing Capacily-to-demand tested under multiple operating conditions, nol peer ratios alone Future-State Options & , Decision Support Options evaluated against consistent criteria and reviewed with leadership and staff tr E Engineedng Serviccs & Deployment Portfolio segmented across development review, capital delivery, and infrastructure MGT will assess Oak Creek's organizational structure as an operating system: how responsibilities are assigned, how decisions are made, how staff capacity is deployed, and how separate functions coordinate to deliver one customer experience. The analysis will extend beyond the formal organizational chart to examine the working relationshíps, informal responsibilities, supervisory practices, and coverage arrangements that determine how services are delivered in practice. Recommendations will be based on a causal diagnosis. MGT will distinguish among conditions caused by unclear authority, fragmented responsibilities, inefficient work allocation, insufficient capacity, seasonal demand, training gaps, limited backup coverage, or inconsistent use of existing systems. This distinction will allow Oak Creek to direct each recommendation to the underlying issue and avoid shifting work or adding resources without resolvíng the cause of the service constraint. ORGANIZATIONAL STRUCTURE, GOVERNANCE, AND ACCOUNTABILITY MGT will evaluate whether the current organizational structure supports coordinated decision- making, clear accountability, and effective management across Engineering, lnspection Services, Planning, Permitting, Administrative Support, and the other functions involved in permit and customer service delivery. clTY oF oAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMC,T PAGE27 5. PROJECT APPROACH AND METHODOLOGY The review will examine: r Reporting relationships, organizational layers, and supervisory spans. . Placement and alignment of related administrative, technical, inspection, planning, and eng ineering functions. . Decision authority at key points in permit review, inspection, customer communication, and issue resolution. . Responsibility for coordinating work that requires participation from multiple departments. r Areas where authority is overly centralized, distributed without clear ownership, or dependent on informal escalation. o Management capacity to monitor workload, address backlogs, reallocate resources, and maintain service expectations. . Continuity during vacancies, absences, seasonal peaks, and periods of elevated development or infrastructure activity. ¡ Governance practices needed to sustain coordination after the assessment is completed. MGT will document where the formal structure supports effective service and where organizational boundaries create ambiguity, duplication, or gaps in accountabílity. The analysis will also consider whether cross-functional governance mechanisms-such as defined decision protocols, coordinated workload review, or designated service ownership-can resolve issues without requiring a major structural change. ROLE, RESPONSIBILITY, AND SKILL ALIGNMENT Formaljob descriptions do not always reflect the full range of work employees perform, particularly in organizations where staff have been redeployed as services, technology, and customer expectat¡ons have changed. MGT will compare documented responsibilities with actual work assignments, decision authority, system access, customer contact, and coordination requirements. The analysis will identify: r Responsibilities that are duplicated, fragmented, or assigned to multiple positions without clear ownership. . Functions that rely heavily on institutional knowledge or informal workarounds. o Work being performed above or below the intended level of a position. . Tasks that require technical credentials, professionaljudgment, specialized system knowledge, or department-specific expertise. ¡ Administrative or coordination activities that may be standardized, consolidated, reassigned, or supported through cross-training. . Roles requiring clearer decision rights, escalation authority, or customer communication responsibility. . Trainíng, procedural guidance, or system education needed for staff to perform assigned responsibilities consistently. MGT will translate the findings into a practical responsibility and decision-rights framework showing who performs, approves, supports, and remains accountable for major functions. This ctw oF oAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 28 5. PROJECT APPROACH AND METHODOLOGY will provide Oak Creek with more than revísed organizational lines; it will define how the future structure should operate. Where the work supports differentiated administrative roles or skill levels, MGT may recommend role stratífication or clearer progression of responsibilities. Any such recommendation will be limited to the operational needs identified through the assessment and will not expand the engagement into a comprehensíve classification and compensation study or wholesale rewrite of position descriptions. WORKLOAD, CAPACITY, AND STAFFING ANALYSIS MGT will develop a capacity-to-demand assessment using available workload data, staffing information, operational records, employee input, and direct observation. Staffing conclusions will not be based solely on peer ratios or transaction counts. The analysis will account for the complexit¡ timing, and effort associated with the work, as well as responsibilities that are not readily reflected in system reports. The capacity analysis will consider: ¡ Authorized, filled, vacant, and externally supported positions. . Work volumes and trends by major service, permit, inspection, or project category. . Differences in complexity, technical involvement, and level of effort. . Seasonal, cyclical, peaK and time-sensitíve responsibilities. . Productive availability after leave, training, meetings, supervision, administrative requirements, and other non-transactional duties. . Backlogs, aging work, overtime, reassignment practices, and reliance on individual staff. ¡ Coverage required to maintain service during vacancies, absences, and workload surges. ¡ Work requiring licensed, credentialed, supervisory or specialized technicalcapacity. ¡ Service expectations that the staffing model must support. Where reliable task-time data are available, MGT will use them to estimate workload and capacity requirements. Where data are incomplete, MGT will develop structured level-of-effort estimates with employees and managers and test those estimates agaínst transaction samples, observed practices, available system information, and management records. Assumptions and limitations will be stated clearly so that staffing recommendations remain transparent and can be updated as Oak Creek improves its data. MGT will also test staffing needs under more than one operating condition. Scenarios may include current demand, continued development growth, expanded service expectations, seasonal peaks, or reduced availability resulting from vacancies or leave. This approach will help Oak Creek understand not only the staffing required under normal conditions, but also the resilience of each option. Peer information will be used as a contextual reference rather than a substitute for Oak Creek- specific analysis. Differences in service scope, organizational structure, development activity, internalversus contracted services, and expected performance will be considered before peer staffing practices are applied. CITY OF OAK CREEK IAUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 29 5. PROJECT APPROACH AND METHODOLOGY ADMINISTRATIVE SUPPORT DIVISION ASSESSMENT MGT will evaluate the Administrative Support Division as a shared-service modelwith two interconnected responsibilities: support for Planning, Engineering, and lnspection functions, and broader front-counter and administrative support for other City departments. The review will consider how the model has evolved as online services have expanded, staffing has been reduced or redeployed, and the nature of customer and departmental support has changed. MGT will develop a service and responsibility inventory documenting: r Departments and functions supported. o Major tasks and service categories. . Frequency, seasonality, and time sensitivity. ¡ Front-counter, transactional, back-office, and coordination responsibilities. . Required department knowledge, system access, judgment, or authoríty. ¡ Current assignment, workload distributíon, and backup coverage. . Service dependencies and consequences if work is delayed. r Opportunities for standardization, consolidation, reassignment, cross-training, or elimination. This inventory will allow MGT to determine whether staffing is aligned with actual service demand and whether the current pooled model provides sufficient accountability, department knowledge, flexibility, and coverage. The assessment will specifically consider whether greater online access has reduced total administrative demand or shifted staff effort toward customer assistance, troubleshooting, completeness review, exception handling, and more complex transactions. MGT will develop and compare organizational options that may include: r Retaining the current pooled structure with clarified responsibilities and allocation practices. o Assigning selected staff more directly to high-demand departments or service areas. o Establishing a hybríd modelthat combines centralized coverage with department-aligned expertise. ¡ Differentiating responsibilities or skíll levels where the nature and complexity of the work support that distinction. . Strengthening backup, cross-training, scheduling, and workload-management practices. Each option will identify implications for customer service, departmental accountability, employee utilization, seasonal coverage, continuity, supervision, and implementation. ENGINEERING SERVICES AND STAFFING DEPLOYMENT Engineering Services must balance development-related review with capital delivery, roads, sidewalks, ditching, stormwater, field coordination, and other public infrastructure responsíbilities. MGT will segment this portfolio so that staffing and deployment decisions are based on the type of work, required expertise, service expectations, and timing of demand rather than aggregate workload alone. The assessment will examine: CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 30 5. PROJECT APPROACH AND METHODOLOGY . Development and permit review responsibilit¡es. . Capital project planning, design, administration, and delivery. ¡ lnfrastructure maintenance and improvementobligations. . lnspection, field, technical coordination, and customer-support activities. ¡ Work requiring professional licensure, technicaljudgment, or specialized expertise. . Project management, administrative, and technical-support requirements. . Current prioritization and resource-allocation practices. ¡ Coordination with Planning, lnspection Services, Permitting, Administrative Support, Public Works, and external providers. o Use of consultants, contractors, or other external capacity. o Anticipated workload and growth conditions. MGT will determine whether specialized Engineering capacity is being directed to work that requires that expertise and whether selected coordination, documentation, administrative, or technical-support responsibilities can be assigned differently. The analysis will also identify how priorities should be managed when development review and public infrastructure obligations compete for the same resources. Staffing options may include changes in assignment, internal specialization, administrative or technical support, cross-functional coordination, external assistance, or additional capacity. Each option will identify the workload conditions and service expectations that support the recommendation. FUTURE.STATE OPTIONS AND DECISION SUPPORÏ MGT will synthesize the organizational, role, workload, and staffing findings into a set of future- state operating options. These options will not be limited to alternative organizational charts. Each will describe how responsibilities, reporting relationships, decision authority, staffing deployment, service ownership, and cross-department coordination would function in practice. Options will be evaluated against consistent criteria: . lmprovement to customer service and responsiveness. . Clarity of authority, responsibility, and accountability. ¡ Reduction of duplication, fragmentation, and avoidable handling. r Alignment of staffing capacity with workload and service expectations. r Appropriate use of specialized skills and credentials. . Continuity, backup coverage, and organizational resilience. . Training, cross-training, and implementation requirements. . Effect on employee effectiveness, role clarit¡ and retention. . Financial and staffing implications. r Ability to scale as development and infrastructure demands change. . Feasibility within Oak Creek's exísting permitting and ERP platforms. MGT will review the alternatives with City leadership and affected staff to test assumptions, identify implementation constraints, and confirm the preferred direction. The final recommendation will identify not only the proposed structure, but also the management CIW OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 31 5. PROJECT APPROACH AND METHODOLOGY practices, role definitions, staffing actions, and implementation steps required to make that structure effectíve. The organizational assessment will produce a clear current-state diagnosis, workload and capacity findings, Administrative Support and Engineering deployment options, a recommended Building and Permit Center organizational model, and defined roles and decision rights. These outputs will provide the organizational foundation for the future-state workflows, service standards, and implementation roadmap developed through the remaining work plan. D. Approach to the Workflow Analyses and Operational Review Cünent-State Workflow Mapping Root-CauseÀnalysis Existing-Systemthilization Future-Stale Workllow Service Standards & Design Perlormance Measures MGT will evaluate Oak Creek's permit and customer-service workflows as end-to-end operating systems that cross organizational boundaries. The review will examine how work is initiated, assigned, coordinated, monitored, escalated, communicated, and completed-not merely whether each department performs its individual responsibilities. Oak Creek's permit process uses concurrent departmental reviews and checkoffs rather than a strictly sequentialworkflow. Accordingly, MGT will focus on how parallel reviews are managed, how dependencies are identified, and how applications are advanced when one or more required actions remain outstanding. Partícular attention will be given to the condítions that create logjams, including unclear ownership, incomplete information, uneven workload, unresolved review dependencies, inconsistent practices, limited visibility, and gaps in escalation or customer communication. CURRENÏ.STATE WORKFLOW MAPPING MGT will map representative permit and service categories selected with the City. The sample will include transactions that differ in complexity, technical involvement, customer type, and departmental participation. Each current-state map will document: . Entry points and submission channels. . lntakeand completeness-reviewrequirements. . lnitialtriage and assignment. . Concurrent departmental reviews and checkoffs. . Review dependencies and decision points. . Customer communication and status updates. . Corrections, resubmittals, and exception paths. . lnspection scheduling and completion. . Escalatíon of aging, delayed, or disputed matters. . Final approval, documentation, and closeout. . Responsibility for advancing the transaction at each stage. CIry OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 32 5. PROJECT APPROACH AND METHODOLOGY . Use of the City's existing permitting and ERP systems. Where informatíon permits, MGT will distinguish active processing time from queue or waiting time. This distinction will help determine whether delays are attributable to the work itsell assignment and prioritization practices, incomplete submissions, interdepartmental dependencies, staffing capacity, or other operating conditions. ROOT.CAUSE ANALYSIS MGT will evaluate each identified constraint before developing a recommended response. The analysis will distinguish among: . Unclear ownershíp or decision authority. ¡ Redundant or unnecessary handling. . lnconsistent intake or completeness requirements. . Sequential activity that could occur concurrently. . Concurrent activity that lacks coordination or dependency management. . Rework resulting from incomplete, inconsistent, or late information. . Work queues that are not vísible or actively managed. . lnconsistentcustomercommunication. . Exception processes that depend on individual knowledge. . Training, procedural, or system-usé gaps. . Workload or staffing constraints. . Requirements imposed by law, regulation, technical standards, or professionaljudgment Findings will be documented in an issue-and-opportunity matrix identifying the observed condition, supporting evidence, operational effect, likely cause, and potential corrective action. This will provide Oak Creek with a clear connection between the evidence and each proposed improvement. EXISTING-SYSTEM UTILIZATION The assessment will consider whether Oak Creek is using available capabilities within its current permitting and ERP platforms effectively. MGT will examine assignment practices, concurrent review and check-off functionality, status visibility, notifications, workload reporting, agíng information, and escalation support. Recommendations may address: . More consistent use of existing functionality. . Configuration review by the City or its system provider. . Standard operating procedures. r Staff education and refresher training. r Management reporting and queue-monitoring practices. . Customer-facing guidance or communication protocols. MGT will not recommend system replacement or lead a software implementation. Technology- related recommendations will be limited to improvements that support the proposed operating modelwithín the City's existing environment. CITY OF OAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 33 5. PROJECT APPROACH AND METHODOLOGY FUTURE.STATE WORKFLOW DESIGN MGT will facÍlitate working sessions with the employees and leaders responsible for performing and managing the work. These sessions will convert the current-state findings into practical future-state workflows. Future state design will address: ¡ Standardized intake and completeness requirements. . Clear triage and routing rules. . Defined review and check-off responsibilities. ¡ Coordination of concurrent departmental reviews. . Ownership of customer status and communication. . Escalation thresholds for aging or stalled matters. . Decision authority for exceptions and disputed issues. r lnspection scheduling and communicatíon practices. . Backup and continuity procedures. . Closeoutrequirements. o Management visibílity and workload monitoring. The future-state model will preserve required technical authority while reducing avoidable handoffs, duplícate activity, and reliance on informal coordination. Current- and future-state maps will be reviewed with participating staff to confirm that they are accurate, operationally practical, and consistent with the City's legal and technical responsibilities. SERVICE STANDARDS AND PERFORMANCE MEASURES MGT will develop recommended service standards that reflect the complexit¡ workload, technical requirements, and departmental dependencies associated with each major permit or service category. Standards will address more than total turnaround time and may include: . Acknowledgment of submissions. r Completeness review. o Assignment to responsible staff. . Technical review timeframes. . Response to customer questions. . Frequency of status updates. . lnspection scheduling and responsiveness. . Escalation of aging or delayed matters. . Backlog and queue management. r Finalcommunicationandcloseout. Each recommended standard will identify the operating and staffing conditions required to support it. Performance measures wíll be limited to information Oak Creek can reasonably capture, maintain, and use within its existing systems. The workflow and operational review will produce validated current-state maps, future-state process designs, a root-cause issue matrix, recommended service standards, and practical crw oF oAK CREEK I AUGUST 7,2026 RFP I ORGANIZATIONAL AND OPERATIONAL ASSESSMENTMGT PAGE 34 5. PROJECT APPROACH AND METHODOLOGY procedures for assignment, coordination, escalation, communication, and performance monitoring. E. Distribution of Consultant Time 0n-Site and Virtually/Remotely MGT will use an activity-based delivery modelthat assigns consultant time according to the nature of the