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07.13.2026 Village Board Agenda 07.13.26 VB AGENDA.PDF 07.13.2026 Village Board Packet 07.13.26 VB PACKET.PDF 1. Documents: 2. Documents: Page 1 of 3 Village of Cross Plains Board of Trustee Meeting Regular Meeting Notice and Agenda Village Hall 2417 Brewery Road Cross Plains, WI 53528 (608) 798-3241 July 13, 2026 6:00 pm The Village of Cross Plains will provide opportunities for the public to monitor the meeting virtually or by calling in. Please take note that the meeting will continue even if technical problems occur. The log in information is as follows: Zoom Virtual Meeting Link: https://us02web.zoom.us/j/88215999241 Conference telephone line: +1 312 626 6799 Meeting ID: 882 1599 9241 I. Call to Order II. Roll Call III. Pledge of Allegiance IV. Public Comment - This is an opportunity for anyone to address the Village Board on any issue. Please observe the time limit of 3 minutes. While the Village Board encourages input from residents, it may not discuss or act on any issue that is not duly noticed on the agenda. Please see the Public Comment instructions at the end of this agenda. V. Consent Agenda – Upon request of any Trustee, any item may be removed from the Consent Agenda for separate consideration under General Business. 1. Approve Minutes of Regular Village Board Meeting Held on June 22, 2026. 2. Approve Total Disbursements from 6/17/26 through 7/8/26 in the amount of $450,071.19 as follows: • 110 – General Fund $329,305.62 • 120 – Capital Fund $23,459.31 • 130 – Library Fund $6,716.34 • 150 – Debt Service Fund $0.00 • 200 – Library Endowment Fund $1,325.43 • 310 – TID $0.00 Page 2 of 3 • 660 – Water Utility $58,326.79 • 670 – Sewer Utility $30,937.70 3. Approve Sewer Adjustment Request – 3725 Conrad Dr. 4. Approve Temporary Class B Alcohol License, Holy Cross Congregation – July 19, 2026 5. Approve Special Event Permits A. IRONMAN – September 13, 2026 B. Hill & Valley Auto and Americana Show – September 19, 2026 VI. Report of Village Officers 1. Village President 2. Village Vice President 3. Other Trustee Reports 4. Village Administrator 5. Village Department Heads/Other Reports VII. General Business 1. 2026 Sidewalk Replacement Project – Special Assessments for Public Improvements A. Discussion and Possible Action Regarding Preliminary Assessment Resolution B. Preliminary Assessment Hearing 2. Discussion and Possible Action Regarding Phasing Cost Scenarios for Park Street Improvements. 3. Discussion and Possible Action Regarding Resolution Providing for the Sale of Approximately $4,330,000 General Obligation Promissory Notes, Series 2026A. 4. Discussion and Possible Action Regarding Village Investment Policy Revisions. 5. Discussion and Possible Action Regarding New Village Hall and Police Department. A. Construction Update B. Financial Update C. Phone System D. Dane County Electric Vehicle Site Host Agreement E. Payment Application #7 Page 3 of 3 VIII. Future Agenda Items IX. Adjournment This meeting notice constitutes an official meeting of the above referenced group and was posted in accordance with all applicable laws related Open Meetings Law. It is possible that members of and possibly a quorum of members of other governmental bodies of the municipality may be in attendance at 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. Upon reasonable notice, efforts will be made to accommodate the needs of disabled individuals. For additional information or to request this service, contact the Village Hall at (608) 798-3241 or bobbi@cross-plains.wi.us. PUBLIC COMMENT INSTRUCTIONS WRITTEN: Send written comments by 12:00 p.m. on the Friday before the date of the meeting on any matter, either on or not on the agenda to be included in the meeting packet, by emailing bobbi@cross-plains.wi.us or in writing to Village Board, 2417 Brewery Rd., Cross Plains, WI 53528. All written comments received after 12:00pm on Friday will be distributed at the meeting. IN-PERSON: Public comment forms are available at the Board Room entrance. Please fill out and hand to staff prior to start of meeting. Comments are limited to three- minutes per person and must be delivered at the designated microphone for recording purposes. Accommodations can be provided for those unable to access the microphone. VIRTUAL: When public comments are allowed, attendees on Zoom wishing to participate should click “raise hand” if on video or press *9 if on phone call. Attendees will be called on in the order in which hands are raised. Those wishing to provide oral comments remo tely must have their full name displayed within the Zoom application and must state address of residence. *As permitted by the Wisconsin open meetings law and while not required, the Village Board has chosen to allow public comments during their meetings. This is specifically listed on the agenda as PUBLIC COMMENT. The Village Board may not engage in discussio n or take action during this period but may consider deferring the subject to a later meeting with notice. State statute and/or Village Code require the Village Board to hold PUBLIC HEARINGS on certain specified matters where the public can comment. The me eting chairperson will identify rules for providing comments. Other items on the agenda which are not listed for public hearing do not require the Board to allow public comment, however the meeting chairperson can at their own discretion allow limited publ ic comments. Village of Cross Plains Board of Trustee Meeting Regular Meeting Notice and Agenda V illage Hall 2417 Brewery Road Cross Plains, WI 53528 (608) 798-3241 July 13, 2026 6:00 pm T he Village of Cross Plains will provide opportunities for the public to monitor the meeting virtually or by calling in. Please take note that the meeting will continue even if technical problems occur. The log in information is as follows: Zoom Virtual Meeting Link: https://us02web.zoom.us/j/88215999241 Conference telephone line: +1 312 626 6799 Me eting ID: 88 2 1599 9241 I. Call to Order II. Roll Call III. Pledge of Allegiance IV. Public Comment - This is an opportunity for anyone to address the Village Board on any issue. Please observe the time limit of 3 minutes. While the Village Board encourages input from residents, it may not discuss or act on any issue that is not duly noticed on the agenda. Please see the Public Comment instructions at the end of this agenda. V. Consent Agenda – Upon request of any Trustee, any i tem may be removed from the Consent Agenda for separate consideration under General Business. 1. Approve Minutes of Regular Village Board Meeting Held on June 22, 2026. P. 4-6 2. Approve Total Disbursements from 6/17/26 through 7/8/26 in the amount of $450,071.19 as follows: P. 7 • 110 – General Fund $329,305.62 • 120 – Capital Fund $23,459.31 • 130 – Library Fund $6,716.34 • 150 – Debt Service Fund $0.00 • 200 – Library Endowment Fund $1,325.43 • 310 – TID $0.00 1 • 660 – Water Utility $58,326.79 • 670 – Sewer Utility $30,937.70 3. Approve Sewer Adjustment Request – 3725 Conrad Dr. P. 8-10 4. Approve Temporary Class B Alcohol License, Holy Cross Congregation – July 19, 2026 P. 11-13 5. Approve Special Event Permits A. IRONMAN – September 13, 2026 P. 14-17 B. Hill & Valley Auto and Americana Show – September 19, 2026 P. 18-21 VI. Report of Village Officers 1. Village President 2. Village Vice President 3. Other Trustee Reports 4. Village Administrator 5. Village Department Heads/Other Reports VII. General Business 1. 2026 Sidewalk Replacement Project – Special Assessments for Public Improvements P. 22-23 A. Discussion and Possible Action Regarding Preliminary Assessment Resolution B. Preliminary Assessment Hearing 2. Discussion and Possible Action Regarding Phasing Cost Scenarios for Park S treet Improvements. P. 24 3. Discussion and Possible Action Regarding Resolution Providing for the Sale of Approximately $4,330,000 General Obligation Promissory Notes, Series 2026A. P. 25-39 4. Discussion and Possible Action Regarding Village Investment Policy Revisions. P. 40-52 5. Discussion and Possible Action Regarding New Village Hall and Police Department. A. Construction Update P. 53-54 B. Financial Update P. 55 C. Phone System P. 56-70 D. Dane County Electric Vehicle Site Host Agreement P. 71-91 E. Payment Application #7 P. 92-98 2 VIII. Future Agenda Items IX . Adjournment This meeting notice constitutes an official meeting of the above referenced group and was posted in accordance with all applicable laws related Open Meetings Law. It is possible that members of and possibly a quorum of members of other governmental bodies of the municipality may be in attendance at 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. Upon reasonable notice, efforts will be made to accommodate the needs of disabled individuals. For additional information or to request this service, contact the Village Hall at (608) 798-3241 or bobbi@cross-plains.wi.us. P UBLIC COMMENT INSTRUCTIONS W RITTEN: Send written comments by 12:00 p.m. on the Friday before the date of the meeting on any matter, either on or not on the agenda to be included in the meeting packet, by emailing bobbi@cross-plains.wi.us or in writing to Village Board, 2417 Brewery Rd., Cross Plains, WI 53528. All written comments received after 12:00pm on Friday will be distributed at the meeting. I N-PERSON: Public comment forms are available at the Board Room entrance. Please fill out and hand to staff prior to start of meeting. Comments are limited to three- minutes per person and must be delivered at the designated microphone for recording purposes. Accommodations can be provided for those unable to access the microphone. VIRTUAL: When public comments are allowed, attendees on Zoom wishing to participate should click “raise hand” if on video or press *9 if on phone call. Attendees will be called on in the order in which hands are raised. Those wishing to provide oral comments remo tely must have their full name displayed within the Zoom application and must state address of residence. * As permitted by the Wisconsin open meetings law and while not required, the Village Board has chosen to allow public comments during their meetings. This is specifically listed on the agenda as PUBLIC COMMENT. The Village Board may not engage in discussion or take action during this period but may consider deferring the subject to a later meeting with notice. State statute and/or Village Code require the Village Board to hold PUBLIC HEARINGS on certain specified matters where the public can comment. The me eting chairperson will identify rules for providin g c omments. Other items on the agenda which are not listed for public hearing do not require the Board to allow public comment, however the meeting chairperson can at their own discretion allow limited publ ic comments. 3 Village of Cross Plains Board of Trustee Meeting Regular Meeting Minutes V illage Hall 2417 Brewery Rd Cross Plains, WI 53528 (608) 798-3241 Monday, June 22, 2026 6:00 pm The video link to this meeting can be found at: https://www.youtube.com/watch?v=WEjn797HI-Y I. Ca ll to Order President Lengfeld called the Village Board meeting to order at 6:00 PM. I I. Roll Call Present: Trustees Jed Henry , Cameron Bjorklund, Michael Pomykalsk i, Judy Ketelboeter and President Jay Lengfeld. A bsent: Trustees Bill Brosius and Sarah Borchardt. A lso Present: Village Administrator Carly Persson, Village Clerk Bobbi Zauner, Public Facilities Director Matt Couey, Chief of Police Tony Ruesga, Parks and Recreation Director Kane Browskowski, Library Director Elizabeth Clauss, and Brian Berquist of Town & Country Engineering. P resent via teleconference and/or web meeting: Matt Bickel of Wold Architects, Joe Pertzborn, and K evin Murphy. III. Pledge of Allegiance I V. Public Comment – None. V. C onsent Agenda 1. A pprove Minutes of Regular Village Board Meeting Held on June 8, 2026. 2. App rove Total Disbursements from 6/5/26 through 6/16/26 in the amount of $ 811,579.82 as f ollows: • 11 0 – General Fund: $110,000.83 • 120 – Capital Fund: $667,545.64 • 130 – Library Fund: $4,297.41 • 150 – Debt Service - $0.00 • 200 – Library Endowment Fund: $1 ,211.32 • 310 – TID Fund: $0.00 • 660 – Water Fund: $8,653.96 • 670 – Sewer Fund: $19,870.66 4 3. A pprove Resolution Regarding the 2025 Compliance Annual Maintenance Report. 4. A pprove Honeybee License Application – 3014 Shady Circle. P resident Lengfeld requested that Consent Agenda Item #4 be moved to the General Business section of the agenda. Lengfeld also pointed out that a few dates needed to be updated in the 2025 Compliance Annual Maintenance Report (CMAR). A motion was made by Ketelboeter , seconded by Bjorklund, and unanimously carried by the Village Board to approve the Consent Agenda as amended, including the date changes to the CMAR as discussed. VI . Report of Village Officers 1. V illage President A. Lengfeld reported that he will be researching both green golf courses and water quality and will report back to the Village Board. 2. V illage Vice President A. Ketelboeter recognized the following employee work anniversaries: i. Bobbi Zauner, 10 years on May 16 ii. Elizabeth Clauss, 3 years on June 10 3. O ther Trustee Reports A. Henry reported that the Sustainability Committee appointed Melissa Gavin as the co-chair. 4. V illage Administrator A. Persson reported the hiring of Sayer Larson ( Parks & Forestry Manager ) and Stefan Rhodehumphries (Public Facilities II). 5. Vi llage Department Heads/Other Reports – None. V II. General Business 1. D iscussion and Possible Action Regarding Engineering Task Order for Park Street. Following an overview by Brian Berquist of Town & Country Engineering and discussion, a motion was made by Bjorklund and seconded by Henry to approve the task order for Park Street. Following further discussion, a voice vote was called. Motion carried, 5-0. 2. D iscussion and Possible Action Regarding Award of Technology Package for New Village Hall a nd P olice Department. Persson and Matt Bickel of Wold Architects provided an overview of the bid results. The Village Board discussed the possibility of splitting the bid package into a security portion and an audio/video portion. A motion was made by Henry, seconded by Bjorklund, and unanimously carried by the Village Board to reject the technology package bids. 3. D iscussion and Possible Action Regarding Village Investment Policy Revisions. Following an overview by Finance Director Bobbi Zauner and discussion, a motion was made by Henry and seconded by Bjorklund to postpone this agenda item. Following discussion, a voice vote was called. Motion carried, 5 -0. Zauner will send out the red -line version of the policy and calculate the interest that would have been allocated to the applicable funds for YTD 2026. 5 4. D iscussion and Possible Action Regarding the Approval/Renewal of the Following License Classes for the Period of July 1, 2026, through June 30, 2027: A. Cigarette & Tobacco/Vapor Products Retail License A motion was made by Pomykalski, seconded by Bjorklund, and unanimously carried by the Village Board to approve the cigarette and tobacco/vapor products retail licenses. B. “Class A” Intoxicating Liquor and Class “A” Fermented Malt Beverages A motion was made by Pomykalski, seconded by Henry, and unanimously carried by the Village Board to approve the “Class A” Intoxicating Liquor and Class “A” Fermented Malt Beverage licenses. C. “Class B” Intoxicating Liquor and Class “B” Fermented Malt Beverages A motion was made by Pomykalski, seconded by Bjorklund, and unanimously carried by the Village Board to approve the “Class B” Intoxicating Liquor and Class “B” Fermented Malt Beverage licenses. D. “Class C” Wine and Class “B” Fermented Malt Beverages A motion was made by Pomykalski, seconded by Henry, and unanimously carried by the Village Board to approve the “Class C” Wine and C lass “B” Fermented Malt Beverage licenses. E. Operator’s Licenses A motion was made by Pomykalski, seconded by Bjorklund, and unanimously carried by the Village Board to approve the operator’s licenses. 5. D iscussion and Possible Action Regarding Trout Days After Action Report. Chief of Police Tony Ruesga presented the Trout Days After Action Report. Following discussion, no action was taken. 6. Approve Honeybee License Application – 3014 Shady Circle. Lengfeld reminded everyone that the Village does not get involved in neighborhood covenants. A motion was made by Bjorklund, seconded by Henry, and unanimously carried by the Village Board to approve the honeybee license application for 3014 Shady Circle. V III. Future Agenda Items – None. I X. Adjournment A motion was made by Henry , seconded by Bjorklund, and unanimously carried by the Village Board to adjourn. The meeting ended at 7:11 p.m. Proper notice of this meeting was given to the public and posted on the public bulletin boards in accordance with the Open Meeting Law. R espectfully submitted, ___ _________________________ Bobbi Zauner Finance Director/Clerk 6 Village of Cross Plains Finance Department M emorandum To: Village of Cross Plains Trustees From: Bobbi Zauner, Village of Cross Plains Finance Director Date: July 8, 2026 Re: Check Disbursements, 6/17/26 – 7/8/26 T o view the check disbursements for the period of June 17 – July 8, 2026, please click on the link below: h ttps://www.cross-plains.wi.us/DocumentCenter/View/2670/Check-register-61726-7826 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 RESOLUTION NO. 2026- _____ A P RELIMINARY RESOLUTION DECLARING INTENT TO LEVY SPECIAL ASSESSMENTS UNDER MUNICIPAL POLICE POWER PURSUANT TO §66.0703, STATS. R ESOLVED, by the governing body of Cross Plains, Wisconsin: 1. Th e Village of Cross Plains hereby declares its intention to exercise its police power under §66.0703, Stats., to levy special assessments upon property in the Assessment District hereafter described for benefits conferred upon such property by reason of the following public work and improvements: sidewalk repair and replacement. 2 . The property to be assessed lies within the following described assessment district, all lying within the Village of Cross Plains, Dane County, Wisconsin: a) T he Lots fronting both sides of Bourbon Rd, Continental Ln, Hillebrand Dr, Ludden Dr, and Tubbs Ct. 3 . The total amount assessed against the properties in the described assessment district shall not exceed 100% of the administrative expenses and total costs of the improvements. 4. T he Village Board determines that the improvements constitute an exercise of the police power for the health, safety and general welfare of the municipality and its inhabitants. 5. T he municipal Public Facilities Director shall prepare a report which shall consist of: a. Preliminary plans and specifications for the improvements. b. Schedule of proposed assessments for properties within the assessment district. 6. W hen the report is completed, the Public Facilities Director shall file a copy of the report with the Village Clerk for public inspection. 7. A ll interested persons and owners of the property affected by this special assessment shall be provided with the notice and hearing requirements as set forth in sec. 66.0703(7)(a), Stats. 22 8. The assessment against any parcel may be paid in cash or in annual installments the number of which shall be determined at the public hearing on the proposed assessments. Da ted this 13th day of July, 2026. S igned _____________________ Jay Lengfeld, Village President Attest ______________________ Bobbi Zauner, Village Clerk 23 Village of Cross Plains Park Street Improvements Cost Estimate Summary 6/17/2025 All costs include 13% estimated engineering, 4% estimated inspection, and 10% contingency Street and Utility Projects Gen. Fund Water Util. Sewer Util. Gen. Fund Street Name From To Comments Street1 Water Sewer2 Storm Sewer3 Total Park Street Water Street East Street Flat San. Sewer roots/offset joints/infiltration $458,227 $360,744 $206,872 $216,694 $1,242,536 Park Street East Street Wilson Street Flat San. Sewer roots/offset joints/infiltration $460,876 $365,157 $208,929 $222,758 $1,257,719 Park Street Wilson Street Caesar Street Flat San. Sewer roots/offset joints/infiltration $529,002 $309,292 $193,647 $68,072 $1,100,012 Subtotals $1,448,104 $1,035,192 $609,447 $507,524 $3,600,267 Approximate Costs - All Phases Combined General Fund $868,863 $0 $0 $304,514 $1,173,377 Clean Water Fund $289,621 $0 $609,447 $101,505 $1,000,573 Safe Drinking Water Fund $289,621 $1,035,192 $0 $101,505 $1,426,317 Annual CWF Payment 63,881$ Debt Service $257,244 per year Annual SDW Payment 91,063$ 1487 User Count Annual General Fund Payment 102,300$ $180.00 per year $15.00 per month Approximate Costs - Phase 1 Only General Fund $274,936 $0 $0 $130,016 $404,952 Clean Water Fund $91,645 $0 $206,872 $43,339 $341,856 Safe Drinking Water Fund $91,645 $360,744 $0 $43,339 $495,728 Annual CWF Payment 21,826$ Debt Service $88,781 per year Annual SDW Payment 31,650$ 1487 User Count Annual General Fund Payment 35,306$ $60.00 per year $5.00 per month 1Street costs assumed existing sidewalk will need replacement and all road edges will receive new curb & gutter 2Sanitary Sewer costs shown assume 100% of sewer infrastructure will need replacement. 3Storm Sewer costs shown assume that all piping and structures will be replaced, without any upsizing unless requested by Village staff J:\JOB#S\Cross Plains\CP-172-M4 2027 Park Street Improvements - Preliminary Engineering\3. Funding\Phasing Cost Scenarios 6/17/2026 24 July 13, 2026 PRE-SALE REPORT FOR Village of Cross Plains, Wisconsin $4,330,000 General Obligation Promissory Notes, Series 2026A Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Advisors: Ariana Schmidt, Associate Municipal Advisor Greg Johnson, Senior Municipal Advisor BUILDING COMMUNITIES. IT’S WHAT WE DO. 25 Presale Report Village of Cross Plains, Wisconsin July 13, 2026 Page 1 Proposed Issue: $4,330,000 General Obligation Promissory Notes, Series 2026A Purposes: The proposed issue includes financing for the Village’s 2026 capital improvement plan, including the Village Hall construction project, streets/sidewalks, public works truck/equipment, flood mitigation project, library building updates, fire truck replacement, and water utility infrastructure project. All debt service, except for the water utility infrastructure project, will be paid by ad valorem property taxes. The water utility infrastructure project will be paid by water utility revenues. Additionally, there is a Current Refunding of Series 2023 Bank Note incorporated. This debt service will be paid by ad valorem property taxes. The interest rate on the obligations proposed to be refunded is 5.29%. The refunding is expected to reduce debt service expense by approximately $16,815 over the next 7 years. This refunding is considered to be a Current Refunding as the obligations being refunded are callable (pre-payable) now. Authority: The Notes are being issued pursuant to Wisconsin Statute(s): • 67.12(12) The Notes will be general obligations of the Village for which its full faith, credit and taxing powers are pledged. The Notes count against the Village’s General Obligation Debt Capacity Limit of 5% of total Village Equalized Valuation. Following issuance of the Notes, the Village’s total General Obligation debt principal outstanding will be approximately $11,648,000, which is 33% of its limit. Remaining General Obligation Borrowing Capacity will be approximately $23,260,470. Term/Call Feature: The Notes are being issued for a term of 20 years. Principal on the Notes will be due on April 1 in the years 2027 through 2046. Interest will be due every six months beginning April 1, 2027. The Notes will be subject to prepayment at the discretion of the Village on April 1, 2035 or any date thereafter. Bank Qualification: Because the Village is expecting to issue no more than $10,000,000 in tax exempt debt during the calendar year, the Village will be able to designate the Notes as “bank qualified” obligations. Bank qualified status broadens the market for the Notes, which can result in lower interest rates. EXECUTIVE SUMMARY OF PROPOSED DEBT 26 Presale Report Village of Cross Plains, Wisconsin July 13, 2026 Page 2 Rating: We recommend selling this issue non -rated as the cost of the rating would not be expected to be offset by the potential lower interest rates resulting from obtaining a rating. For a larger bond issue, or a longer term bond issue, a rating might broaden the market for the Notes and result in an overall reduction in interest costs. Basis for Recommendation: Based on your objectives, financial situation and need, risk tolerance, liquidity needs, experience with the issuance of Notes and long-term financial capacity, as well as the tax status considerations related to the Notes and the structure, timing and other similar matters related to the Notes, we are recommending the issuance of Notes as a suitable option . Ehlers has reviewed other reasonably feasible alternatives to the recommended issuance of municipal securities. Method of Sale/Placement: We are recommending the Notes be issued as municipal securities and offered through a competitive underwriting process. You will solicit competitive bids, which we will compile on your behalf, for the purchase of the Notes from underwriters and banks. An allowance for discount bidding will be incorporated in the terms of the issue. The discount is treated as an interest item and provides the underwriter with all or a portion of their compensation in the transaction. If the Notes are purchased at a price greater than the minimum bid amount (maximum discount), the unused allowance may be used to reduce your borrowing amount. Premium Pricing: In some cases, investors in municipal bonds prefer “premium” pricing structures. A premium is achieved when the coupon for any maturity (the interest rate paid by the issuer) exceeds the yield to the investor, resulting in a price paid that is greater than the face value of the bonds. The sum of the amounts paid in excess of face value is considered “reoffering premium.” Any premium amount received for that portion of the Note being issued for the purpose of refunding existing debt will be used to reduce the issue size. Any premium amount received for the remainder of the Notes that is in excess of the underwriting discount and any capitalized interest amounts must be placed in the debt service fund and used to pay a portion of the interest payments due on the Notes. These adjustments may slightly change the true interest cost of the original bid, either up or down. We ant icipate using any premium amounts received to reduce the issue size. The amount of premium allowed can be restricted in the bid specifications. Restrictions on premium may result in fewer bids, but may also eliminate large adjustments on the day of sale and unintended results with respect to debt service payment impacts. Eh lers will identify appropriate premium restrictions for the Notes intended to achieve the Village’s objectives for this financing. Other Considerations: The Notes will be offered with the option of the successful bidder utilizing a term bond structure. By offering underwriters the option to “term up” some of the maturities at the time of the sale, it gives them more flexibility 27 Presale Report Village of Cross Plains, Wisconsin July 13, 2026 Page 3 in finding a market for your Notes. This makes your issue more marketable, which can result in lower borrowing costs. In the event that the successful bidder utilizes a term bond structure, we recommend the Village retain a paying agent to handle responsibility for processing mandatory red emption/call notices associated with term bonds. Review of Existing Debt: We have reviewed all outstanding indebtedness for the Village and find that, other than the obligations proposed to be refunded by the Notes, there are no other refunding opportunities at this time. We will continue to monitor the market and the call dates for the Village’s outstanding debt and will alert you to any future refunding opportunities. Continuing Disclosure: Because the Village has more than $10,000,000 in outstanding debt subject to a continuing disclosure undertaking (including this issue) and this issue does not meet an available exemption from continuing disclosure, the Village will be agreeing to provide certain updated Annual Financial Information and its Audited Financial Statement annually, as well as providing notices of the occurrence of certain reportable events to the Municipal Securities Rulemaking Board (the “MSRB”), as required by rules of the Securities and Exchange Commission (SEC). The Village is already obligated to provide such reports for its existing bonds, and has contracted with Ehlers to prepare and file the reports. Arbitrage Monitoring: The Village must ensure compliance with certain sections of the Internal Revenue Code and Treasury Regulations (“Arbitrage Rules”) throughout the life of the issue to maintain the tax-exempt status of the Notes. These Arbitrage Rules apply to amounts held in construction, escrow, reserve, debt service account(s), etc., along with related investment income on each fund/account. IRS audits will verify compliance with rebate, yield restriction and records retention requirements within the Arbitrage Rules. The Village’s specific arbitrage responsibilities will be detailed in the Tax Exemption Certificate (the “Tax Compliance Document”) prepared by your Bond Attorney and provided at closing. The Notes may qualify for one or more exception(s) to the Arbitrage Rules by meeting 1) small issuer exception, 2) spend down requirements, 3) bona fide debt service fund limits, 4) reasonable reserve requirements, 5) expenditure within an available period limitations, 6) investments yield restrictions, 7) de minimis rules, or; 8) borrower limited requirements. An Ehlers arbitrage expert will contact the Village within 30 days after the sale date to review the Village’s specific responsibilities for the Notes. The Village is currently receiving arbitrage services from Ehlers in relation to the Notes. Investment of Note Proceeds: Ehlers can assist the Village in developing a strategy to invest your Note proceeds until the funds are needed to pay project costs and to redeem the refunded obligations. 28 Presale Report Village of Cross Plains, Wisconsin July 13, 2026 Page 4 Risk Factors: G.O. with Planned Abatement: The issuer is abating all or a portion of G.O. debt service payments for the issue with water utility revenues. In the event these revenues are not available, the Village is obligated to levy property taxes in an amount sufficient to make all debt payments. Current Refunding: The Notes are being issued to finance a current refunding of prior Village debt obligations. Those prior debt obligations are callable on or after March 1, 2024. The new Notes will not be pre -payable until April 1, 2035. This refunding is being undertaken based in part on an assumption the Village does not expect to partially or fully redeem this debt prior to the new call date and that market conditions warrant the refunding at this time. Other Service Providers: This debt issuance will require the engagement of other public finance service providers. This section identifies those other service providers, so Ehlers can coordinate their engagement on your behalf. Where you have previously used a particular firm to provide a service, we have assumed that you will continue that relationship. For services you have not previously required, we have identified a service provider. Fees charged by these service providers will be paid from proceeds of the obligation, unless y ou notify us that you wish to pay them from other sources. Our pre-sale bond sizing includes a good faith estimate of these fees, but the final fees may vary. If you have any questions pertaining to the identified service providers or their role, or if you would like to use a different service provider for any of the listed services please contact us. Bond Counsel and Disclosure Counsel: Quarles & Brady LLP Paying Agent: Bond Trust Services Corporation Rating Agency: This issue will not be rated. 29 Presale Report Village of Cross Plains, Wisconsin July 13, 2026 Page 5 Pre-Sale Review by Village Board: July 13, 2026 Distribute Official Statement: August 3, 2026 Village Board Meeting to Award Sale of the Notes: August 10, 2026 Estimated Closing Date: August 27, 2026 Redemption Date for the Obligations Being Refunded: August 28, 2026 Attachments Table 1: Existing G.O. Debt Base Case Table 2: Capital Improvement Plan & Funding Table 3: Estimated Sources and Uses of Funds Table 4: Estimated Proposed Debt Service Schedule Table 5: Financing Plan Tax Impact Table 6: General Obligation Debt Capacity Analysis Table 7: Estimated Current Refunding Analysis Table 8: All In Utility Debt Coverage EHLERS’ CONTACTS Ariana Schmidt, Associate Municipal Advisor (262) 796-6181 Greg Johnson, Senior Municipal Advisor (262) 796-6168 Sue Porter, Lead Public Finance Analyst (262) 796-6167 Beth Mueller, Senior Financial Analyst (651) 697-8553 PROPOSED DEBT ISSUANCE SCHEDULE EHLERS’ CONTACTS 30 Table 1 Existing G.O. Debt Base Case Village of Cross Plains, WI Annual Taxes Year G.O. Debt Less: Less: Less: Tax Rate $100,000 Year Ending Expense TID 3 Sewer Water Per $1,000 Home Ending 2026 1,523,731 7,000 128,099 2,220 (252,050) (103,835) (48,815) 1,256,350 639,262,100 $1.97 $196.53 2026 2027 1,263,444 7,000 130,620 (122,650) (96,150) (42,550) 1,139,714 669,069,189 $1.70 $170.34 2027 2028 1,131,286 7,000 130,600 (119,550) (98,375) (46,200) 1,004,761 759,173,402 $1.32 $132.35 2028 2029 1,049,051 7,000 130,580 (116,275) (65,975) (44,750) 959,631 794,571,635 $1.21 $120.77 2029 2030 731,147 7,000 130,560 (112,850) 0 (28,625) 727,231 831,620,394 $0.87 $87.45 2030 2031 690,556 7,000 130,539 (109,300) (27,825) 690,969 870,396,637 $0.79 $79.39 2031 2032 680,234 7,000 130,517 (105,650) (27,025) 685,076 910,980,913 $0.75 $75.20 2032 2033 622,045 7,000 130,496 (101,900) (26,219) 631,422 953,457,526 $0.66 $66.22 2033 2034 461,525 7,000 130,473 0 (25,406) 573,592 997,914,710 $0.57 $57.48 2034 2035 379,550 7,000 130,451 0 517,001 1,044,444,814 $0.50 $49.50 2035 2036 294,925 7,000 130,428 432,353 1,093,144,493 $0.40 $39.55 2036 2037 222,600 7,000 130,404 360,004 1,144,114,908 $0.31 $31.47 2037 2038 216,200 7,000 130,380 353,580 1,197,461,938 $0.30 $29.53 2038 2039 219,600 7,000 62,938 289,538 1,253,296,398 $0.23 $23.10 2039 2040 217,700 7,000 62,925 287,625 1,311,734,270 $0.22 $21.93 2040 2041 215,600 7,000 62,911 285,511 1,372,896,944 $0.21 $20.80 2041 2042 218,200 7,000 62,897 288,097 1,436,911,470 $0.20 $20.05 2042 2043 215,500 7,000 62,883 285,383 1,503,910,824 $0.19 $18.98 2043 2044 217,500 7,000 0 224,500 1,574,034,178 $0.14 $14.26 2044 2045 214,200 7,000 221,200 1,647,427,198 $0.13 $13.43 2045 Total 10,784,592 140,000 (1,040,225) (364,335) (317,415) 11,213,538 Total Notes: Legend: 1. 2028 EV includes TID closure. Represents +/- 25% Change over previous year Total G.O. Debt Payments Net Tax Levy Equalized Value (TID OUT) Existing Debt Levied Revenue Debt Excess from 2025A 31 Table 2 Capital Improvement Plan & Funding Uses Village of Cross Plains, WI Projects Purpose/Dept. Plan Issue Funding 2026 2027 2028 2029 2030 Totals Village Hall - Construction/Architect Fees Administration 2026 G.O. Notes 20 year G.O. Debt 3,300,000 3,300,000 Streets/sidewalks Public Facilities 2026 G.O. Notes 10 year G.O. Debt 200,000 200,000 Truck/equipment Public Facilities 2026 G.O. Notes 5 year G.O. Debt 135,000 135,000 Flood mitigation project Public Facilities 2026 G.O. Notes 5 year G.O. Debt 25,000 25,000 Building updates Library 2026 G.O. Notes 5 year G.O. Debt 27,000 27,000 Truck replacement Fire Dept 2026 G.O. Notes 5 year G.O. Debt 73,525 73,525 Marchstone Water Infrastructure Water Utility 2026 G.O. Notes Water G.O. Debt 200,000 200,000 2027 Capital (including Park Street, Streets Portion) 2027 G.O. Notes 15 year G.O. Debt 2,200,000 2,200,000 2027 Park Street Project - Water Water Utility 2027 G.O. Notes 15 year G.O. Debt 1,000,000 1,000,000 2027 Park Street Project - Sewer Sewer Utility 2027 G.O. Notes 15 year G.O. Debt 1,000,000 1,000,000 2028 Capital 2028 G.O. Notes 10 year G.O. Debt 1,500,000 1,500,000 2029 Capital 2029 G.O. Notes 20 year G.O. Debt 5,000,000 5,000,000 2030 Capital 2030 G.O. Notes 20 year G.O. Debt 1,500,000 1,500,000 Actual CIP Costs 3,960,525 4,200,000 1,500,000 5,000,000 1,500,000 16,160,525 Debt Obligations 2026 G.O. Notes 20 year 3,300,000 0 0 0 0 3,300,000 2026 G.O. Notes 10 year 200,000 0 0 0 0 200,000 2026 G.O. Notes 5 year 260,525 0 0 0 0 260,525 2026 G.O. Notes Water 200,000 0 0 0 0 200,000 2027 G.O. Notes 15 year 0 4,200,000 0 0 0 4,200,000 2028 G.O. Notes 10 year 0 0 1,500,000 0 0 1,500,000 2029 G.O. Notes 20 year 0 0 0 5,000,000 0 5,000,000 2030 G.O. Notes 20 year 0 0 0 0 1,500,000 1,500,000 None Total 3,960,525 4,200,000 1,500,000 5,000,000 1,500,000 16,160,525 Notes: 32 Table 3 Sources and Uses of Funds Village of Cross Plains, WI 2026 2027 2028 2029 2030 G.O. Notes 20 year Portion 10 year Portion 5 year Portion Water Portion Refunding Portion G.O. Notes 15 year Portion Water Portion Sewer Portion G.O. Notes 10 year Portion G.O. Notes 20 year Portion G.O. Notes 10 year Portion CIP Projects1 Capital Projects 4,022,476 3,300,000 200,000 260,525 261,951 2,200,000 2,200,000 1,500,000 1,500,000 5,000,000 5,000,000 1,500,000 1,500,000 Water Projects 200,000 200,000 1,000,000 1,000,000 - - - Sewer Projects - 1,000,000 1,000,000 - - - Subtotal Project Costs 4,222,476 3,300,000 200,000 260,525 200,000 261,951 4,200,000 2,200,000 1,000,000 1,000,000 1,500,000 1,500,000 5,000,000 5,000,000 1,500,000 1,500,000 CIP Projects1 4,222,476 3,300,000 200,000 260,525 200,000 261,951 4,200,000 2,200,000 1,000,000 1,000,000 1,500,000 1,500,000 5,000,000 5,000,000 1,500,000 1,500,000 Estimated Issuance Expenses 135,025 105,401 6,393 8,420 6,393 8,420 135,713 71,088 32,313 32,313 76,600 76,600 148,588 148,588 76,600 76,600 TOTAL TO BE FINANCED 4,357,501 3,405,401 206,393 268,945 206,393 270,370 4,335,713 2,271,088 1,032,313 1,032,313 1,576,600 1,576,600 5,148,588 5,148,588 1,576,600 1,576,600 Estimated Interest Earnings 3.00% (29,704) (24,750.00) (1,500.00) (1,953.94) (1,500.00) 0 3.00% (31,500) (16,500) (7,500) (7,500) 3.00% (11,250) (11,250) 3.00% (37,500) (37,500) 3.00% (11,250) (11,250) Assumed spend down (months) 3.00 3.00 3.00 3.00 3.00 Rounding 2,203 (651) 107 3,009 107 (370) 788 413 188 188 4,650 4,650 3,913 3,913 4,650 4,650 NET ISSUE SIZE 4,330,000 3,380,000 205,000 270,000 205,000 270,000 4,305,000 2,255,000 1,025,000 1,025,000 1,570,000 1,570,000 5,115,000 5,115,000 1,570,000 1,570,000 Notes: 1) 2026 Project Total Estimates per CIP 6.24.26 2) 2027 CIP includes estimated Park Street project. 3) 2029 CIP includes estimated Pool project. 33 Table 4 Allocation of Debt Service - 2026 G.O. Notes Village of Cross Plains, WI Year Year Ending Principal Est. Rate1 Interest Total Principal Est. Rate Interest Total Principal Est. Rate Interest Total Principal Est. Rate Interest Total Principal Est. Rate Interest Total Ending Principal (4/1) Interest Total 2026 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 2026 0 0 0 2027 0 3.06% 149,315 149,315 20,000 3.06% 7,297 27,297 55,000 3.06% 8,530 63,530 20,000 3.06% 7,297 27,297 35,000 3.06% 9,090 44,090 2027 130,000 181,528 311,528 2028 100,000 3.11% 134,875 234,875 20,000 3.11% 6,024 26,024 55,000 3.11% 6,025 61,025 20,000 3.11% 6,024 26,024 40,000 3.11% 7,102 47,102 2028 235,000 160,048 395,048 2029 115,000 3.16% 131,503 246,503 20,000 3.16% 5,397 25,397 55,000 3.16% 4,301 59,301 20,000 3.16% 5,397 25,397 35,000 3.16% 5,927 40,927 2029 245,000 152,523 397,523 2030 115,000 3.23% 127,828 242,828 20,000 3.23% 4,758 24,758 55,000 3.23% 2,543 57,543 20,000 3.23% 4,758 24,758 35,000 3.23% 4,809 39,809 2030 245,000 144,695 389,695 2031 160,000 3.31% 123,323 283,323 20,000 3.31% 4,104 24,104 50,000 3.31% 828 50,828 20,000 3.31% 4,104 24,104 35,000 3.31% 3,664 38,664 2031 285,000 136,022 421,022 2032 150,000 3.40% 118,125 268,125 20,000 3.40% 3,433 23,433 3.40% 0 20,000 3.40% 3,433 23,433 40,000 3.40% 2,405 42,405 2032 230,000 127,395 357,395 2033 160,000 3.45% 112,815 272,815 20,000 3.45% 2,748 22,748 3.45% 0 20,000 3.45% 2,748 22,748 50,000 3.45% 863 50,863 2033 250,000 119,173 369,173 2034 180,000 3.55% 106,860 286,860 20,000 3.55% 2,048 22,048 3.55% 0 20,000 3.55% 2,048 22,048 3.55% 0 2034 220,000 110,955 330,955 2035 180,000 3.65% 100,380 280,380 20,000 3.65% 1,328 21,328 3.65% 0 20,000 3.65% 1,328 21,328 3.65% 0 2035 220,000 103,035 323,035 2036 180,000 3.85% 93,630 273,630 25,000 3.85% 481 25,481 3.85% 0 25,000 3.85% 481 25,481 3.85% 0 2036 230,000 94,593 324,593 2037 195,000 3.95% 86,314 281,314 3.95% 0 3.95% 0 3.95% 0 3.95% 0 2037 195,000 86,314 281,314 2038 195,000 4.05% 78,514 273,514 4.05% 0 4.05% 0 4.05% 0 4.05% 0 2038 195,000 78,514 273,514 2039 195,000 4.15% 70,519 265,519 4.15% 0 4.15% 0 4.15% 0 4.15% 0 2039 195,000 70,519 265,519 2040 195,000 4.25% 62,329 257,329 4.25% 0 4.25% 0 4.25% 0 4.25% 0 2040 195,000 62,329 257,329 2041 195,000 4.35% 53,944 248,944 4.35% 0 4.35% 0 4.35% 0 4.35% 0 2041 195,000 53,944 248,944 2042 195,000 4.45% 45,364 240,364 4.45% 0 4.45% 0 4.45% 0 4.45% 0 2042 195,000 45,364 240,364 2043 195,000 4.55% 36,589 231,589 4.55% 0 4.55% 0 4.55% 0 4.55% 0 2043 195,000 36,589 231,589 2044 195,000 4.65% 27,619 222,619 4.65% 0 4.65% 0 4.65% 0 4.65% 0 2044 195,000 27,619 222,619 2045 195,000 4.75% 18,454 213,454 4.75% 0 4.75% 0 4.75% 0 4.75% 0 2045 195,000 18,454 213,454 2046 285,000 4.85% 6,911 291,911 4.85% 0 4.85% 0 4.85% 0 4.85% 0 2046 285,000 6,911 291,911 Total 3,380,000 1,685,208 5,065,208 205,000 37,614 242,614 270,000 22,226 292,226 205,000 37,614 242,614 270,000 33,860 303,860 Total 4,330,000 1,816,521 6,146,521 Notes: 1) Estimated Rate assumes current GO BQ NR w/Ins. market rates + 40 bps 20 year Portion 10 year Portion 5 year Portion Water Portion Refunding Portion Totals 34 Table 5 Financing Plan Tax Impact - 2026-2030 CIP Village of Cross Plains, WI 2026 G.O. Notes 2027 G.O. Notes 2028 G.O. Notes 2029 G.O. Notes 2030 G.O. Notes Net Debt Change Annual Taxes 4,330,000 4,305,000 1,570,000 5,115,000 1,570,000 Total Levy Change Total Tax Annual Taxes Annual Taxes Annual Taxes Year Service From Prior Tax Rate $100,000 Dated: 8/27/2026 Dated: 6/1/2027 Dated: 6/1/2028 Dated: 6/1/2029 Dated: 6/1/2030 Less: Less: Less: Net Debt from Prior Rate for $100,000 Difference Difference Year Ending Levy Year Levy Per $1,000 Home Total P&I Total P&I Total P&I Total P&I Total P&I Water Sewer Refunded Debt Service Levy Year Debt Service Home From Prior Year From Existing Ending 2026 1,256,350 639,262,100 $1.97 $196.53 0 0 0 0 0 0 0 1,256,350 $1.97 $197 $0 2026 2027 1,139,714 (116,636) 669,069,189 $1.70 $170.34 311,528 0 0 0 0 (27,297) 0 (43,754) 1,380,191 123,842 $2.06 $206 $10 $36 2027 2028 1,004,761 (134,953) 759,173,402 $1.32 $132.35 395,048 363,136 0 0 0 (118,744) (92,721) (47,167) 1,504,314 124,122 $1.98 $198 ($8) $66 2028 2029 959,631 (45,130) 794,571,635 $1.21 $120.77 397,523 380,958 147,200 0 0 (118,238) (92,842) (45,316) 1,628,916 124,602 $2.05 $205 $7 $84 2029 2030 727,231 (232,400) 831,620,394 $0.87 $87.45 389,695 373,709 179,352 329,943 0 (115,787) (91,029) (43,464) 1,749,650 120,734 $2.10 $210 $5 $123 2030 2031 690,969 (36,262) 870,396,637 $0.79 $79.39 421,022 376,124 180,023 316,194 142,227 (118,194) (94,091) (41,613) 1,872,661 123,011 $2.15 $215 $5 $136 2031 2032 685,076 (5,893) 910,980,913 $0.75 $75.20 357,395 368,178 175,512 318,543 196,580 (115,450) (92,018) (44,761) 1,849,054 (23,607) $2.03 $203 ($12) $128 2032 2033 631,422 (53,654) 953,457,526 $0.66 $66.22 369,173 389,538 175,800 315,749 201,224 (117,561) (94,814) (54,970) 1,815,559 (33,495) $1.90 $190 ($13) $124 2033 2034 573,592 (57,830) 997,914,710 $0.57 $57.48 330,955 385,086 175,815 322,706 205,371 (114,521) (92,474) 0 1,786,531 (29,029) $1.79 $179 ($11) $122 2034 2035 517,001 (56,591) 1,044,444,814 $0.50 $49.50 323,035 394,906 209,885 324,293 199,171 (116,303) (94,975) 0 1,757,013 (29,518) $1.68 $168 ($11) $119 2035 2036 432,353 (84,648) 1,093,144,493 $0.40 $39.55 324,593 383,934 242,275 320,648 231,889 (117,761) (92,280) 0 1,725,649 (31,364) $1.58 $158 ($10) $118 2036 2037 360,004 (72,349) 1,144,114,908 $0.31 $31.47 281,314 426,420 233,585 346,230 228,395 (94,379) (94,379) 0 1,687,190 (38,459) $1.47 $147 ($10) $116 2037 2038 353,580 (6,424) 1,197,461,938 $0.30 $29.53 273,514 412,480 224,565 355,744 219,595 (91,304) (91,304) 0 1,656,870 (30,320) $1.38 $138 ($9) $109 2038 2039 289,538 (64,042) 1,253,296,398 $0.23 $23.10 265,519 447,138 0 525,799 210,595 (93,048) (93,048) 0 1,552,493 (104,377) $1.24 $124 ($14) $101 2039 2040 287,625 (1,913) 1,311,734,270 $0.22 $21.93 257,329 440,150 0 511,624 133,023 (94,499) (94,499) 0 1,440,752 (111,741) $1.10 $110 ($14) $88 2040 2041 285,511 (2,113) 1,372,896,944 $0.21 $20.80 248,944 422,550 0 550,855 0 (90,759) (90,759) 0 1,326,342 (114,410) $0.97 $97 ($13) $76 2041 2042 288,097 2,586 1,436,911,470 $0.20 $20.05 240,364 306,825 0 552,990 0 (86,934) (86,934) 0 1,214,409 (111,934) $0.85 $85 ($12) $64 2042 2043 285,383 (2,714) 1,503,910,824 $0.19 $18.98 231,589 0 0 583,058 0 0 0 0 1,100,030 (114,379) $0.73 $73 ($11) $54 2043 2044 224,500 (60,883) 1,574,034,178 $0.14 $14.26 222,619 0 0 541,993 0 0 0 0 989,111 (110,918) $0.63 $63 ($10) $49 2044 2045 221,200 (3,300) 1,647,427,198 $0.13 $13.43 213,454 0 0 452,760 0 0 0 0 887,414 (101,698) $0.54 $54 ($9) $40 2045 2046 0 (221,200) 1,724,242,339 $0.00 $0.00 291,911 0 0 488,494 0 0 0 0 780,405 (107,009) $0.45 $45 ($9) $45 2046 2047 0 0 1,804,639,166 $0.00 $0.00 0 0 0 628,103 0 0 0 0 628,103 (152,303) $0.35 $35 ($10) $35 2047 2048 0 0 1,888,784,682 $0.00 $0.00 0 0 0 490,835 0 0 0 0 490,835 (137,268) $0.26 $26 ($9) $26 2048 2049 0 0 1,976,853,679 $0.00 $0.00 0 0 0 349,265 0 0 0 0 349,265 (141,570) $0.18 $18 ($8) $18 2049 2050 0 0 2,069,029,099 $0.00 $0.00 0 0 0 0 0 0 0 0 0 (349,265) $0.00 $0 ($18) $0 2050 Total 11,213,538 6,146,521 5,871,130 1,944,011 8,625,821 1,968,070 (1,630,777) (1,388,163) (321,045) 1,876$ Total Cost of new debt to Sample Taxpayer Notes: Proposed DebtExisting Debt Equalized Value (TID OUT) Abatements Debt Service Levy Taxes 35 Table 6 General Obligation Debt Capacity Analysis - Impact of Financing Plan Village of Cross Plains, WI Projected Existing Combined Principal Year Equalized Principal Existing Year Ending Value (TID IN)1 Debt Limit Outstanding % of Limit 2026 G.O. Notes 2027 G.O. Notes 2028 G.O. Notes 2029 G.O. Notes 2030 G.O. Notes & Proposed Ending 2025 698,169,400 34,908,470 8,797,627 25% $8,797,627 25% $26,110,843 2025 2026 731,450,732 36,572,537 7,463,877 20% 4,330,000 $11,793,877 32% $24,778,659 2026 2027 766,318,566 38,315,928 6,456,115 17% 4,200,000 4,305,000 $14,931,354 39% $23,384,575 2027 2028 802,848,530 40,142,426 5,553,378 14% 3,965,000 4,165,000 1,570,000 $15,218,641 38% $24,923,786 2028 2029 841,119,856 42,055,993 4,701,595 11% 3,720,000 3,945,000 1,500,000 5,115,000 $18,946,812 45% $23,109,181 2029 2030 881,215,553 44,060,778 4,141,798 9% 3,475,000 3,725,000 1,375,000 5,115,000 1,570,000 $19,367,001 44% $24,693,777 2030 2031 923,222,590 46,161,129 3,601,986 8% 3,190,000 3,495,000 1,245,000 5,045,000 1,515,000 $18,057,174 39% $28,103,956 2031 2032 967,232,078 48,361,604 3,052,172 6% 2,960,000 3,265,000 1,115,000 4,970,000 1,380,000 $16,702,358 35% $31,659,246 2032 2033 1,013,339,472 50,666,974 2,540,000 5% 2,710,000 3,005,000 980,000 4,895,000 1,235,000 $15,312,828 30% $35,354,146 2033 2034 1,061,644,780 53,082,239 2,170,000 4% 2,490,000 2,740,000 840,000 4,810,000 1,080,000 $14,130,000 27% $38,952,239 2034 2035 1,112,252,774 55,612,639 1,870,000 3% 2,270,000 2,455,000 660,000 4,720,000 925,000 $12,900,000 23% $42,712,639 2035 2036 1,165,273,221 58,263,661 1,645,000 3% 2,040,000 2,170,000 440,000 4,630,000 730,000 $11,655,000 20% $46,608,661 2036 2037 1,220,821,123 61,041,056 1,485,000 2% 1,845,000 1,830,000 220,000 4,510,000 530,000 $10,420,000 17% $50,621,056 2037 2038 1,279,016,961 63,950,848 1,325,000 2% 1,650,000 0 4,375,000 330,000 $7,680,000 12% $56,270,848 2038 2039 1,339,986,960 66,999,348 1,155,000 2% 1,455,000 4,060,000 130,000 $6,800,000 10% $60,199,348 2039 2040 1,403,863,365 70,193,168 980,000 1% 1,260,000 3,745,000 0 $5,985,000 9% $64,208,168 2040 2041 1,470,784,721 73,539,236 800,000 1% 1,065,000 3,375,000 $5,240,000 7% $68,299,236 2041 2042 1,540,896,179 77,044,809 610,000 1% 870,000 2,985,000 $4,465,000 6% $72,579,809 2042 2043 1,614,349,811 80,717,491 415,000 1% 675,000 2,545,000 $3,635,000 5% $77,082,491 2043 2044 1,691,304,934 84,565,247 210,000 0% 480,000 2,125,000 $2,815,000 3% $81,750,247 2044 2045 1,771,928,463 88,596,423 (0) 0% 285,000 1,775,000 $2,060,000 2% $86,536,423 2045 2046 1,856,395,270 92,819,764 0% 0 1,370,000 $1,370,000 1% $91,449,764 2046 2047 1,944,888,561 97,244,428 0% 800,000 $800,000 1% $96,444,428 2047 2048 2,037,600,275 101,880,014 0% 340,000 $340,000 0% $101,540,014 2048 2049 2,134,731,504 106,736,575 0% 0 $0 0% $106,736,575 2049 2050 2,236,492,922 111,824,646 0% $0 0% $111,824,646 2050 2051 2,343,105,248 117,155,262 0% $0 0% $117,155,262 2051 2052 2,454,799,722 122,739,986 0% $0 0% $122,739,986 2052 2053 2,571,818,608 128,590,930 0% $0 0% $128,590,930 2053 2054 2,694,415,716 134,720,786 0% $0 0% $134,720,786 2054 Notes: 1) Projected TID IN EV based on discounted 5-year average at 4.77% annual inflation. % of Limit Residual Capacity Proposed DebtExisting Debt 36 Table 7 Current Refunding Analysis - Estimated Savings Village of Cross Plains, WI Preliminary Prior Issue Total DS Funds Savings Amount Amount Dated Dated Year Prin (5/1) Rate Interest Total Year Prin (5/1) Rates Interest Total 2026 0 2026 0 0 0 2027 29,762 5.29% 13,992 43,754 2027 35,000 3.06% 9,090 44,090 (336) 2028 34,737 5.29% 12,430 47,167 2028 40,000 3.11% 7,102 47,102 65 2029 34,783 5.29% 10,533 45,316 2029 35,000 3.16% 5,927 40,927 4,389 2030 34,797 5.29% 8,667 43,464 2030 35,000 3.23% 4,809 39,809 3,655 2031 34,812 5.29% 6,801 41,613 2031 35,000 3.31% 3,664 38,664 2,949 2032 39,814 5.29% 4,947 44,761 2032 40,000 3.40% 2,405 42,405 2,356 2033 52,172 5.29% 2,798 54,970 2033 50,000 3.45% 863 50,863 4,108 Total 260,877 60,168 321,045 Total 270,000 33,860 303,860 17,186 Notes: Plus Rounding (370) FUTURE VALUE SAVINGS NET OF COSTS 16,815 $415,000 $4,330,000 07/31/26 8/27/2026 Existing Debt Service Proposed Debt Service To Be Refunded (No Longer Paid) After Refunding (to be Paid) Issue General Obligation Promissory Note, Series 2023 Issue General Obligation Promissory Notes, Series 2026A 37 Table 8 All In Debt Coverage - Impact of Financing Plan Village of Cross Plains, WI Year Existing Revenue Debt (paid by water user fees) Existing G.O. Debt (paid by water user fees) Less: TID Transfer for SDWFL Proposed Debt Total Debt Coverage D.S. Capacity Existing Revenue Debt (paid by sewer user fees) Existing G.O. Debt (paid by sewer user fees) Proposed Debt Total Debt Coverage D.S. Capacity Year 277,868 @ 1x $713,897 @ 1x 2025 Net Revenues 2025 Net Revenues 2026 454,685 48,815 (33,500) 0 470,000 0.59 (192,132) 131,795 103,835 0 235,630 3.03 478,267 2026 2027 454,619 42,550 (33,500) 27,297 490,965 0.57 (213,097) 131,766 96,150 0 227,916 3.13 485,981 2027 2028 454,552 46,200 (33,500) 118,744 585,996 0.47 (308,128) 131,737 98,375 92,721 322,833 2.21 391,064 2028 2029 454,483 44,750 (33,500) 118,238 583,971 0.48 (306,103) 131,707 65,975 92,842 290,523 2.46 423,374 2029 2030 454,414 28,625 (33,500) 115,787 565,325 0.49 (287,457) 131,676 0 91,029 222,706 3.21 491,191 2030 2031 454,342 27,825 (33,500) 118,194 566,861 0.49 (288,993) 131,645 94,091 225,735 3.16 488,162 2031 2032 454,270 27,025 (33,500) 115,450 563,245 0.49 (285,377) 131,613 92,018 223,630 3.19 490,267 2032 2033 454,196 26,219 (33,500) 117,561 564,476 0.49 (286,608) 131,580 94,814 226,394 3.15 487,503 2033 2034 454,120 25,406 (33,500) 114,521 560,548 0.50 (282,680) 131,546 92,474 224,020 3.19 489,877 2034 2035 454,043 0 (33,500) 116,303 536,846 0.52 (258,978) 131,512 94,975 226,487 3.15 487,410 2035 2036 364,382 117,761 482,143 0.58 (204,275) 26,339 92,280 118,619 6.02 595,278 2036 2037 364,316 94,379 458,695 0.61 (180,827) 26,335 94,379 120,714 5.91 593,183 2037 2038 364,249 91,304 455,553 0.61 (177,685) 26,330 91,304 117,634 6.07 596,263 2038 2039 293,638 93,048 386,685 0.72 (108,817) 3,875 93,048 96,922 7.37 616,975 2039 2040 293,581 94,499 388,079 0.72 (110,211) 3,874 94,499 98,373 7.26 615,524 2040 2041 293,522 90,759 384,281 0.72 (106,413) 3,873 90,759 94,632 7.54 619,265 2041 2042 293,463 86,934 380,397 0.73 (102,529) 3,872 86,934 90,806 7.86 623,091 2042 2043 34,276 0 34,276 8.11 243,592 3,872 0 3,872 184.40 710,026 2043 2044 0 0 N/A 277,868 0 0 0 N/A 713,897 2044 Total 6,845,150 1,630,777 8,458,342 2,829,893 1,388,163 4,582,391 Total Notes: 1. Water Net revenues reduced by PILOT payment. 2. Transfer out from TID for SDWFL Water Debt Service Sewer Debt Service 38 Resolution No. _____ RESOLUTION PROVIDING FOR THE SALE OF APPROXIMATELY $4,330,000 GENERAL OBLIGATION PROMISSORY NOTES, SERIES 2026A WHEREAS, the Village of Cross Plains, Dane County, Wisconsin (the "Village") is presently in need of approximately $4,330,000 for public purposes, including (a) paying the cost of constructing a Village Hall, street maintenance, building improvements, water system improvements and acquiring vehicles and equipment (collectively, the "Project") and (b) current refunding the Village's General Obligation Promissory Note, dated July 31, 2023; and W HEREAS, it is desirable to borrow said funds through the issuance of general obligation promissory notes pursuant to Section 67.12(12), Wisconsin Statutes. N OW, THEREFORE, BE IT RESOLVED by the Village Board of the Village that: S ection 1. Issuance of the Notes. The Village shall issue its General Obligation Promissory Notes, Series 2026A (the "Notes") in the approximate amount of $4,330,000 for the purposes described above. S ection 2. Sale of the Notes. The Village Board hereby authorizes and directs that the Notes be offered for public sale. At a subsequent meeting, the Village Board shall consider such bids for the Notes as may have been received and take action thereon. S ection 3. Notice of Sale. The Village Clerk (in consultation with Ehlers & Associates, Inc. ("Ehlers")) be and hereby is directed to cause notice of the sale of the Notes to be disseminated in such manner and at such times as the Village Clerk may determine and to cause copies of a complete Notice of Sale and other pertinent data to be forwarded to interested bidders as the Village Clerk may determine. S ection 4. Official Statement. The Village Clerk (in consultation with Ehlers) shall cause an Official Statement to be prepared and distributed. The appropriate Village officials shall determine when the Official Statement is final for purposes of Securities and Exchange Commission Rule 15c2-12 and shall certify said Official Statement, such certification to constitute full authorization of such Official Statement under this resolution. S ection 5. Reimbursement. The Village Board hereby officially declares its intent pursuant to Treasury Regulation Section 1.150-2 to reimburse any expenditures made in connection with the Project prior to the issuance of the Notes with the proceeds of the Notes in an amount not to exceed $4,065,000. A dopted, approved and recorded July 13, 2026. _____________________________ Jay Lengfeld President ATTEST: ____________________________ Bobbi Zauner Village Clerk (SEAL) 39 St aff/Department: Bobbi Zauner, Finance Director / Clerk Subject Matter: Investment Policy Revisions Meeting Date: July 13, 2026 Referral History: Finance Advisory & Enhancement Committee-2/4/26, 4/1/26, 5/6/26 E xecutive Summary: Project Background: Code/Policy Review: Fiscal Impact: Recommendation: Appendices: The Village’s Investment Policy, created in 2014 and revised in 2020, provides investment guidelines for the Village’s daily banking and investment activities. The Finance Advisory & Enhancement Committee is recommending the following changes to the policy: 1) Allocating investment interest earned from pooled cash 2) Updating title changes for Village Administrator and Finance Director 3) Adding “Insured Cash Sweep” to authorized investment choices 4) Adding language to review this policy every 3 years or sooner if requested 5) Updating list of authorized financial institutions Investment Policy https://cross-plains.wi.us/DocumentCenter/View/1691/2014-01---Investment-Policy- revised?bidId= Net effect of policy is $0. However, the interest earned from pooled cash has historically been recorded to the General Fund. The policy states that interest earned from pooled cash should be allocated amongst funds. Allocating interest from January – May 2026 would have the following adjustments: • General Fund – decrease of $42,456 • Capital Fund – increase of $12,637 • Water Utility – increase of $14,915 • Sewer Utility – increase of $14,904 Additionally, the Library Fund would have earned $8,866 during this time frame (which would further decrease the amount allocated to the General Fund). Review the changes to the Investment Policy as recommended by the Finance Advisory & Enhancement Committee. Red-lined version of Investment Policy showing changes from the Finance Advisory & Enhancement Committee. 40 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 1 of 12 Revised: May 26, 2020, June 8, 2026 Investment Policy Policy #2014-01 Purpose The purpose of these investment guidelines is to formalize the framework for the Village’s daily banking and investment activities. The guidelines are intended to be broad enough to allow the Investment Officials to function properly within the parameters of responsibility and authority, yet specific enough to adequately safeguard the Village’s accounts. The primary objectives of this policy, in order of priority, are safety, liquidity and yield. This policy shall apply to all cash and investments of the Village, including all funds, excluding the investment of employees' retirement funds. Unless prohibited by law or contract, the Village may pool cash from several different funds to maximize returns. Funds subject to additional federal, state and/or contractual laws and regulations will be invested according to those laws and regulations. Investment income will be allocated to the various fundsvarious funds based on the percentage of their respective participationpro rata portion of each fund. The investment income apportioned to the Library Fund, Debt Service Fund, and TID will be accorded to the General Fund.. For the purposes of financial statements, all cash and investments with an original maturity of three months or less will be considered cash and cash equivalents. Investments will be reported at fair values, based on quoted market values. Application The investment program shall be operated in conformance with federal, state, local, and other legal requirements as applicable. The Village Administrator/Clerk-Treasurer and Assistant Village Administrator Finance Director are the Village’s Investment Officials. The Investment Officials will establish internal control procedures over cash and investment accounts. All purchases and sales of investments will be authorized by the Village Administrator /Clerk-Treasurer, executed by the Assistant Village Administrator Finance Director and reviewed during the annual Village Audit process. The standard of prudence to be used by Village Investment Officials shall be the "prudent person" standard and shall be applied in the context of managing an overall portfolio. Investment Officials acting in accordance with written procedures and this investment policy and exercising due diligence shall be relieved of personal responsibility for an individual security's credit risk or market price changes, provided deviations from expectatio ns are reported in a timely fashion and the liquidity and the sale of securities are carried out in accordance with the terms of this policy. The "prudent person" standard states that, "Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the probable income to be derived." Formatted: Not Highlight Formatted: Not Highlight Formatted: Not Highlight 41 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 2 of 12 Revised: May 26, 2020, June 8, 2026 Employees involved in the investment process shall refrain from personal business activity that could conflict with proper execution of the investment program or which could impair their ability to make impartial investment decisions. All Investment Officials shall abide by the Village Policy #1.03 (Conflicts of Interest) and Chapter 6 (Code of Ethics) of Village Ordinances. Safety, Credit Risk and Authorized Investments Safety and preservation of principal in the overall portfolio is the foremost investment objective. To ensure the safety of the Village’s deposits and investments, the Village’s policy includes sections on what investments are suitable, on how balances are protected and provides guidelines for institutions to be used. Credit risk is the risk that the Village would lose money due to the default of a bond or securities issuer. The Village reduces our exposure to this risk by restricting our allowed investments. The Village’s investments are restricted in accordance with Wisconsin statutes section 66.0603 (see appendix A). The Village chooses to further limit our cash and investments to the following: 1. 1. Checking and saving accounts; 2. Insured cash sweep accounts; 32. Local government investment pools either state -administered or developed through joint powers statutes and other intergovernmental agreement legislation, such as the Local Government Investment Pool and Wisconsin Investment Series Cooperative; 34. Certificates of deposits (fully FDIC insured for principal and/or fully collateralized as described below) and certificates of deposit purchased through the Certificate of Deposit Account Registry Service (CDARS); 5.4. Money market mutual funds regulated by the Securities and Exchange Commission and whose portfolios consist of only of dollar-denominated securities; 56. Bonds and securities issued by the federal government or a commission, board or other instrumentality of the federal government; 67. Bonds of any county, city, drainage district, technical college, village, town or school district of this state; 78. Commercial paper if rated in the highest tier (e.g. A -1, P-1, AAA) by a nationally recognized rating agency; and 89. Overnight repurchase agreements with a public depository as defined in statute 34.01 (5), provided that the agreement is secured by bonds or securities issued or guaranteed as to principal and interest by the federal government and held by a Formatted: Font: 12 pt Formatted: Font: 12 pt Formatted: List Paragraph, Indent: Left: 1", First line: 0" Formatted: List Paragraph, Numbered + Level: 1 + Numbering Style: 1, 2, 3, … + Start at: 1 + Alignment: Left + Aligned at: 0.5" + Indent at: 1" Formatted: Font: 12 pt Formatted: Indent: Left: 0.5", First line: 0" 42 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 3 of 12 Revised: May 26, 2020, June 8, 2026 third party custodian. The Village shall be informed of the specific collateral and investments in the repurchase agreements and the agreemen t shall be collateralized at 102% of the value of the Village’s investment. 910. Prohibited Investments - Village funds will not be invested in derivative type investments such as collateralized mortgage obligations, strips, floaters, etc. Certain types of such investments may qualify under state statute but are not deemed appropriate for use by the Village. The Village will engage in diversification of investments (type, length of maturity and institution) to the extent practicable considering yield, collateralization, investment costs and available bidders. The Village will get quotes from Authorized Financial Institutions whenever seeking investment opportunities for funds as deemed necessary by the Investment Officials . Concentration of credit risk is the risk that losses become substantial due to the magnitude of the Village’s investment in a single issu er. The Village shall make an effort to reduce this risk whenever possible. Custodial Credit Risk Custodial credit risk is the risk of default by the holding institution, i.e. the bank holding cash or securities. The Village shall reduce this risk by ensuring substantially all funds are either insured, collateralized or registered to the Village. The terms “substantially all funds” recognizes that there are times when minimal amounts may not be protected in this manner, such as with cash on hand or in cases where the market value exceeds the face value of an investment. This risk is also reduced through the Village’s selection of authorized financial institutions. 1. Village deposits will be protected through insurance: a. The Federal Deposit Insurance Corporation (FDIC) currently protects deposits up to $250,000 for checking and $250,000 for savings accounts. b. The Wisconsin State Deposit Guarantee Fund protects public deposits under Statutes 20.144(1)(a) and 34.08(2) up to $400,000, after FDIC coverage, for any one public depositor in any individual public depository. 2. Village deposits in excess of insurance will be protected through collateral: a. With a market valued of at least 102% of the uninsured balances; b. Consisting of bonds or securities issued by the federal government, its agencies or instrumentalities or by any county, city, drainage district, technical college, village, town or school district; and c. Held by an independent third party custodian with whom the Village has a current custodial agreement. 43 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 4 of 12 Revised: May 26, 2020, June 8, 2026 Collateral agreements are to prohibit the release of pledged assets without the Village’s authorization, however substitution of like collateral (value and type) is allowed. The market value increases on FDIC insured certificates of deposit are exempt from this requirement. 3. Proof of Village ownership of securities will be protected by: a. Securities will be registered through the Direct Registration System in the Village’s name. b. Securities Investor Protection Corporation (SIPC) protects investors by obtaining the securities registered in the Village’s name in the event of a failed brokerage firm. After securities have been obtained by the SIPC, other balances are covered through S IPC protection up to $500,000 maximum per customer, including $250,000 in cash balances. c. Trades of marketable securities will be executed by delivery vs. payment (DVP) to ensure that securities are deposited in an eligible financial institution prior to the release of funds. Authorized Financial Institutions The Village Administrator/Clerk-TreasurerFinance Director shall select and maintain a list of financial institutions to be utilized by the Village. The list of qualified institutions shall be presented to the Village Board for approval on a periodic basis. As required under State Statutes, the Village will approve institutions as public depositories separately thro ugh a Village Board resolution. For a financial institution to be considered for use by the Village, they must have: 1. Provided proof of state registration; 2. Completed a signed certificate of having read, understood and agreeing to comply with the Village’s investment policy (included in Appendix B) 3. Provide evidence of participation in FIDC and/or SIPC programs, such as FDIC certificate number and specific name of registration. 4. A Safe and Sound rating of 3 (performing) or better according to the site www.bankrate.com. Another industry used rating system may be substituted, by Investment Officials or by Village Board approval. 5. Meet the FDIC’s threshold to be considered a well-capitalized bank: a. Total risk-based capital ratio of 10% or higher; b. Has a Tier 1 risk-based capital ratio of 6% of greater; and c. Has a leverage ratio of 5% or greater 44 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 5 of 12 Revised: May 26, 2020, June 8, 2026 6. Broker/dealers will provide their most recent Broker check report from the Financial Industry Regulatory Authority, Inc (FINRA) along with all Central Registration Depository (CRD) numbers. 7. Safekeeping institutions will also provide a copy of their report on internal controls as applicable to custody procedures. The Village investment policy requires items 3 -7 be reviewed by the Finance Director-Treasurer or designee annually for financial institutions doing more than $1.0 million in investment purchases, deposits or safekeeping balances. Items 3 -7 will be reviewed by the Village Administrator/Clerk-Treasurer or designee at a minimum of every three years for all other authorized intuitions. The Village may enter into a contract with one or more investment advisors only upon approval of the Village Board. If used, the selection of an investment advisor will be based on the utilization of request for proposal, interviews and reference reviews. Liquidity The Investment Officials shall ensure that we have adequate funds in usable form to be able to meet ongoing business needs that may be reasonably anticipated. This is accomplished by structuring the portfolio so that securities mature concurrent with cash needs to meet anticipated demands (static liquidity). Furthermore, since all possible cash demands cannot be anticipated, the portfolio should consist largely of securities with active secondary or resale markets (dynamic liquidity). Interest rate risk is the risk that changes in the market interest rates will negatively affect the fair value of an investment. Generally, the fair value of longer maturity investments is more sensitive to changes in the market interest rate. The Village shall mitigate this risk by: 1. Structuring the investment portfolio so that securities mature to meet cash requirements for ongoing operations, thereby avoiding the need to sell securities on the open market prior to maturity. 2. Limiting the maturities of all investments when purchased to less than five (5) years. 3. Laddering investments to meet cash flow needs. Yield The investment portfolio shall be designed with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the investment risk constraints and liquidity needs. Return on investment is of secondary impor tance compared to the safety and liquidity objectives described above. The core of the Village’s investment strategy is limited 45 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 6 of 12 Revised: May 26, 2020, June 8, 2026 to relatively low risk securities in anticipation of earning a fair return relative to the risk being assumed. Securities shall generally be held until maturity with the following exceptions: 1. A security with declining credit may be sold early to minimize loss of principal. 2. A security sale would improve the quality, yield, or target duration in the portfolio. 3. Liquidity needs of the portfolio require that the security be sold. Given the passive nature of the Village’s investment strategy, appropriate benchmarks for comparison include: the average Federal Funds rate, local government investment pool rate, and average return on the U.S. Treasury Bills. Policy Considerations The Village Administrator/Clerk-TreasurerFinance Director or designee shall provide a cash and investment report to the Village Board at least bi-annuallyquarterly. The report shall summarize investments held and transactions made. It shall also discuss the current portfolio in terms of maturity, rates of return, market values and other features. All bank and investment accounts will be reconciled monthly. All investments will be marked to market monthly and unrealized gains and/or losses will be included with the investment income and return calculations. Any investments currently held that do not meet the guidelines of this policy when it is adopted shall be exempted from the requirements of this policy. At maturity or liquidation such monies shall be reinvested only as provided in this policy. The investment policy shall be reviewed every three years by the Finance Advisory & Enhancement Committee or sooner at the discretion of the Village Board, Village Administrator, or Finance Director. Investment Policy #2014-01 will take effect immediately upon adoption by the Village Board for the Village of Cross Plains. Dated this 26th day of May, 20208th day of June, 2026. Village of Cross Plains: Attest: By: By: Jay Lengfeld Bill ChangBobbi Zauner Formatted: Superscript Formatted: Tab stops: 3.5", Left 46 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 7 of 12 Revised: May 26, 2020, June 8, 2026 Village President Village Administrator/Clerk 47 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 8 of 12 Revised: May 26, 2020, June 8, 2026 Appendix B Investment Policy Compliance Certificate All financial institutions, broker/dealers, and/or investment advisors the Village conducts banking and investment activities with are required to have completed this certificate, prior to receiving Village funds or within 90 days of approval of this policy. Please read the following statements and initial each individual item and sign below to indicate receipt, acknowledgment, understanding and agreement to comply with the statements and overall investment policy. I have received a copy of the cash and investment policy for the Village of Cross Plains. I have actually read the entire cash and investment policy for the Village of Cross Plains. I understand the rules, regulations and procedures set forth in the cash and investment policy. I agree to abide by the rules, regulations and procedures set forth in the cash and investment policy. I agree to notify all investment officials of the Village if I believe the Village is not in compliance with the rules, regulations and procedures established in the cash and investment policy. I understand that my signature below indicates that I have read, understood and I agree to comply with the Village’s written policy. Date Bank Name Bank Representative Name (Printed) Bank Representative Title Bank Representative Signature 48 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 9 of 12 Revised: May 26, 2020, June 8, 2026 Appendix C List of Authorized Financial Institutions The following financial institutions are considered to be authorized financial institutions that the Village may utilize for cash and investment activity: Anchor Bank Monona Bank Incredible Bank Guaranty Bank JP Morgan Chase Lake Ridge Bank Old National Bank The Park Bank The Peoples Community Bank State Bank of Cross Plains U.S. Bank BMO Harris Wisconsin Investment Series Cooperative Wisconsin Local Government Investment Pool The Village’s Cash and Investment policy requires that each institution being used provide certain annual or periodic information to the Village. Financial institutions currently being used by the Village will have 90 days from the date of the Cash and Investment policy adoption to provide the required information in order to remain authorized. While the Village will consider the institutions listed above as authorized, only those institutions actually in use will be required to supply the information required within the policy. The presence of a financial institution’s name on the list above is not intended to imply, require or guarantee that the Village will do business with a specific institution listed. 49 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 10 of 12 Revised: May 26, 2020, June 8, 2026 Appendix D Definitions CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a certificate. Large- denomination CD’s are typically negotiable. COLLATERAL: Securities, evidence of deposit or other property that a borrower pledges to secure repayment of a loan. Also refers to securities pledged by a bank to secure deposit of public monies. COMMERCIAL PAPER: An unsecured promissory note issued primarily by corporations for a specific amount and maturing on a specific day. The maximum maturity for commercial paper is 270 days. DELIVERY VERSUS PAYMENT: There are two methods of delivery of securities: delivery versus payment and delivery versus receipt. Delivery versus payment is delivery of securities with an exchange of money for the securities. Delivery versus receipt is delivery of securities with a n exchange of a signed receipt for the securities. FEDERAL CREDIT AGENCIES: Agencies of the Federal government set up to supply credit to various classes of institutions and individuals, e.g., S&L’s, small business firms, students, farmers, farm cooperatives and exporters. FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC): A federal agency that insures bank deposits, currently up to $250,000 per deposit. FEDERAL HOME LOAN BANKS (FHLB): Government sponsored wholesale banks (currently 12 regional banks) which lend funds and provide correspondent banking services to member commercial banks, thrift institutions, credit institutions and insurance companies. The mission of FHLB is to liquefy the housing related assets of its members who must purchase stock in their district Bank. FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA): FNMA, like GNMA was chartered under the Federal National Mortgage Association Act in 1938. FNMA is a federal corporation working under the auspices of the Department of Housing and Urban Development (HUD). It is the largest single provider of residential mortgage funds in the United States. Fannie Mae, as the corporation is called, is a private stockholder -owned corporation. The corporation’s purchases include a variety of adjustable mortgages and second loans, in addition to fixed-rate mortgages. FNMA’s securities are also highly liquid and are widely accepted. FNMA assumes and guarantees that all security holders will receive timely payment of principal and interest. 50 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 11 of 12 Revised: May 26, 2020, June 8, 2026 FUNDS: A fiscal and accounting entity with a self -balancing set of accounts recording cash and other financial resources, together with all related liabilities and residuals or equities, which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions or limitations. Examples of some of the funds used by the Village include the General Fund (main operating fund), Capital Fund, TID Fund, Water Utility, or Sewer Funds. LIQUIDITY: A liquid asset is one that can be converted easily and rapidly into cash without a substantial loss of value. In the money market, a security is said to be liquid if the spread between bid and asked prices is narrow and reasonable size can be done at those quotes. LOCAL GOVERNMENT INVESTMENT POOL (LGIP): The aggregate of all funds from political subdivisions that are placed in the custody of the State Treasurer for investment and reinvestment. MARKET VALUE: The price at which a security is trading and could presumably be purchased or sold. MASTER REPURCHASE AGREEMENT: A written contract covering all future transactions between the parties to repurchase – reverse repurchase agreements that establish each party’s rights in the transactions. A master agreement will often specify among other things, the right of the buyer-lender to liquidate the underlying securities in the event of default by the seller-borrower. PRUDENT PERSON RULE: An investment standard that states the trustee may invest in a security if it is one that would be bought by a prudent person of discretion and intelligence who is seeking preservation of capital and a reasonable income. PUBLIC DEPOSITORY: Wisconsin State Statute 34.01(5) states the governing board of each public depositor shall, by resolution, designate one or more public depositories, organized and doing business under the laws of this state or federal law and located in this state, in which the treasurer of the governing board s hall deposit all public moneys received by him or her and specify whether the moneys shall be maintained in time deposits subject to the limitations of s. 66.0603(1m), demand deposits, or savings deposits and whether a surety bond or other security shall be required to be furnished under s. 34.07 by the public depository to secure the repayment of such deposits. "Public depository" means a federal or state credit union, federal or state savings and loan association, state bank, savings and trust company, federal or state savings bank, or national bank in this state which receives or holds any public deposits or th e local government pooled- investment fund. RATE OF RETURN: The yield obtainable on a security based on its purchase price or its current market price. This may be the amortized yield to maturity on a bond the current income return. REPURCHASE AGREEMENT (RP OR REPO): A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date. The security 51 Village of Cross Plains Village Board Policy Approved: April 28, 2014 Investment Policy Page 12 of 12 Revised: May 26, 2020, June 8, 2026 “buyer” in effect lends the “seller” money for the period of the agreement, and the terms of the agreement are structured to compensate him for this. Dealers use RP extensively to finance their positions. Exception: When the Fed is said to be doing RP, it is lending money, that is, increasing bank reserves. SAFEKEEPING: A service to customers rendered by banks for a fee whereby securities and valuables of all types and descriptions are held in the bank’s vaults for protection. TREASURY BILLS: A non-interest bearing discount security issued by the U.S. Treasury to finance the national debt. Most bills are issued to mature in three months, six months, or one year. TREASURY BONDS: Long-term coupon -bearing U.S. Treasury securities issued as direct obligations of the U.S. Government and having initial maturities of more than 10 years. TREASURY NOTES: Medium-term coupon -bearing U.S. Treasury securities issued as direct obligations of the U.S. Government and having initial maturities from two to 10 years. U.S. INSTRUMENTALITIES: An organization that serves a public purpose and is closely tied to federal government, but is not a government agency. Many instrumentalities are private companies, and some are charted directly by the federal government. Fannie Mae, Freddie Mac and Sallie Mae are all examples of federal instrumentalities and carry an implicit guarantee from the U.S. Treasury, not an explicit guarantee. 52 St aff/Department: Carly Persson, Village Administrator Subject Matter: New Village Hall & Police Department Update Meeting Date: Village Board – July 13, 2026 E xecutive Summary: Project Background: Construction began on the New Village Hall & Police Department on November 3, 2025. Each month throughout construction, staff will provide an update memo along with a list of costs incurred. If applicable, staff will provide any change order or pay application requests for Village Board review. Timeline: • 10/6/2025 – Village Board Awarded Contract to Brickl Bros., Inc. for construction of 17,500 SF Villag e Hall and Police Station, including all site work and alternate bid #1 • 11/3/2025 – Project Start, estimated completion date of 11/25/26 due to cold delay • 11/11/2025 – First bi-weekly O/AE Meeting with Brickl and Wold, meetings continue through duration. • 12/1/2025 – Groundbreaking Ceremony C onstruction Update: S itework began on November 3, 2025, followed by building construction on December 18, 2025. Since that time, the project has progressed through completion of the concrete foundation and walls, structural steel erection, precast plank installation, lower-level slab placement, roof decking, and interior masonry. Work has now transitioned to building enclosure and interior construction, including exterior sheathing, storefront framing, stair installation, and continued mechanical, electrical, and plumbing rough-ins. P rogress Since Last Construction Update: • 6/ 5/26 – Exterior wall sheathing and continuous insulation substantially completed; entrance canopy and concrete landing progressed; permanent interior steel stairs installed; interior metal stud framin g and MEP rough-ins continued. • 6/19/26 – Building enclosure advanced with weather barrier installation; front vestibule and raised roof framing progressed; interior framing and MEP rough-ins continued throughout the building. • 6/26/26 – Exterior underground utility installation began; parapet wall framing and exterior sheathin g advanced; interior framing and mechanical ductwork installation continued. Other Item Updates: • K eying Meeting – Keying plan finalized at O/AE Meeting on 4/28/26 • Cameras/Key Card Access – AV & Security Bid Opening on 6/19/2026, No Bids Awarded at 6/22/2026 VB Meeting, AV & Security Rebid Opening on 7/23/2026, Possible Bid Award at 7/27/202 6 VB M eeting • Furniture – Contract awarded to Lerdahl on 3/23/26 • Police Lockers – Contract awarded to Bradford Systems on 3/23/26 53 Fiscal Impact: Recommendation: See Village Hall/Police Station cost documents, Contractor Pay Application #7 Staff recommends the Village Board discuss and approve Contractor Payment #7 in the amount of $252,410.83 to Brickl Bros. Inc. Grants: • WEDC Vibrant Spaces Grant – Awarded $32,124, contract signed by Village Board on 4/13/26 Additional grant opportunities continue to be evaluated, including wellness, election, blood drive, artwork, and historical display funding. 54 Village Hall / Police Station Building Revenues Description Actual to date Budget ARPA funds - 1601 Bourbon Rd 264,000 264,000 General Fund fund balance - 1601 Bourbon Rd 131,000 131,000 Capital Fund fund balance 20,671 20,671 2024 GO Borrowing - Architect fees 200,000 200,000 2025 GO Borrowing - Architect fees 200,000 200,000 2025 GO Borrowing - Construction 3,000,000 3,000,000 2026 GO Borrowing - Construction - 3,000,000 Sale Proceeds - 330,000 General Fund fund balance 1,000,000 1,014,329 Grants/other 300 400,000 Total revenues 4,815,971 8,560,000 Expenditures Description Actual to date Budget Appraisal of 1601 Bourbon Rd 2,200 2,200 Purchase of 1601 Bourbon Rd 395,315 395,315 Wetland Deliniation - 1601 Bourbon Rd 2,000 2,000 Phase I Environmental Study - 1601 Bourbon Rd 3,000 3,000 Architect fees 477,394 516,445 Construction contract 2,494,942 7,024,675 Construction contract - alternate bid - 16,365 Soft costs 198,647 600,000 Rest area amenities 5,685 - Total expenditures 3,579,182 8,560,000 Balance 1,236,789 55 St aff/Department: Bobbi Zauner, Finance Director / Clerk Subject Matter: Telephone and Internet Service for new building Meeting Date: July 13, 2026 Referral History: n/a Executive Summary: Project Background: Code/Policy Review: Fiscal Impact: Recommendation: Appendices: Beginning in early 2024, I have been researching different telephone systems for the new building. I took part in demonstrations for the products and got quotes from 4 different vendors (most up-to-date quotes are attached). It was decided early on to move forward with a Voice over Internet Protocol (VoIP) system. There is a significant cost savings in a VoIP system over the traditional phone lines we currently use. The phone system currently in use at Village Hall/PD was initially set up as part of the purchase of the building from Doug Schwartz/Innovative Technologies Worldwide (ITW). The Village has continued to receive technical support and handheld devices from the successor companies of ITW for its phone system. The actual telephone service is provided through TDS at a cost of about $425/month. Separately, the cost for internet and cable TV is also about $425/month. Cable TV service will not be continued upon moving to the new building. Purchasing Policy https://cross-plains.wi.us/DocumentCenter/View/1712/2012-01-Purchasing-Policy- revised?bidId= TDS - initial cost of $230.20 plus $562.74 per month for phone and fiber internet service. C ost over 5 years = $33,994.60 S pectrum VoIP – initial cost of $0.00 plus $533.69 per month for phone only. TDS fiber internet is $84.99 per month. Cost over 5 years = $37,120.80 C learly IP (successor of ITW) – initial cost of $5,018.25 plus $563.82 per month for phone only. TDS fiber internet is $84.99 per month. Cost over 5 years = $43,946.85 R ing Central – initial cost of $2,687.50 plus $687.50 per month phone only. TDS fiber internet is $84.99 per month. Cost over 5 years = $49,036.90 Move forward with quote from TDS for telephone and internet service for the new building. Both the Library and Fire Station use TDS and are happy with the product and service. Quotes from TDS, Spectrum VOIP, RingCentral, and Cleary IP, as well as a quote for stand-alone fiber internet service from TDS. 56 Customer Information - Service Address 6087984625 Business Name: Main Yellow Page Heading: Street: Ordered by: Flr/Rm/Suite: Ordered by Phone: City, State, Zip: Cross Plains, WI, 53528 Ordered by Email: Rent or Own: Own managed IP Hosted Deployment Type (If applicable ): Standard Managed Multiple Locations? Select if applicable Billing Information - Bill To Company: Billing Contact Name: Address: Phone: Flr/Rm/Suite: City, State, Zip: Cross Plains, WI, 53528 Monthly Services Charges/Credits: Quantity Term Each Total 1 Mo To Mo Five Static IPs $20.00 $20.00 1 Mo To Mo TDS Provided Modem/Router leased No Charge 5 36 Month Mobility & Management $27.95 $139.75 20 36 Month Simple Seat $24.95 $499.00 2 36 Month Managed Services - 24 Port Fee $35.00 $70.00 1 Mo To Mo Auto Attendant $10.00 $10.00 3 Mo To Mo Block of 10 DID Numbers $5.00 $15.00 3 Mo To Mo Custom Call Routing $3.00 $9.00 1 36 Month Product Management Discount -$250.00 -$250.00 1 36 Month Business Internet - 500M Fiber - 3 Year $49.99 $49.99 *Total Monthly Services Charges/Credits: $562.74 $0.00 to $0.00 Mike McWilliams E-rate/ RHC Effective Date* 1/0/1900 0 Estimated monthly video taxes and governmental fees: Landlord name and email (if applicable): 0 1601 Bourbon Rd Bobbi Zauner Account Number: Description TDS Sales Representative: 5/21/2026 Telecommunications Service Agreement (608) 798-4625 bobbi@cross-plains.wi.us (608) 798-3241 (608) 824-7755 Cross Plains Village of (Village hall) 1601 Bourbon Rd Cross Plains Village of (Village hall) Bobbi Zauner x Page 1 of 3 57 One Time Charges/Credits: Quantity Term Each Total 1 One Time Modem Shipping & Handling Fee $19.95 $19.95 22 One Time Poly Edge E350 POE $180.00 $3,960.00 1 One Time Poly Rove 20 Dect System $170.00 $170.00 2 One Time Polycom Trio 8300 $460.00 $920.00 1 One Time Service Order Charge $20.00 $20.00 1 One Time Service Order Charged - Waived -$20.00 -$20.00 1 One Time mIP Hosted Installation Charge 36 & 60 months $750.00 $750.00 1 One Time mIP Hosted Installation Charge waived -$750.00 -$750.00 1 One Time mIP Hosted Set up Fee $150.00 $150.00 24 One Time mIP Penny Promo Poly Edge/Trio 8300 -$179.99 -$4,319.76 1 One Time mIP Penny Promo Rove 20 -$169.99 -$169.99 1 One Time Courtesy Credit -$500.00 -$500.00 *Total One Time Charges/ Credits: $230.20 Description Page 2 of 3 58 Telecommunications Service Terms and Conditions: • *Total does not include applicable taxes, fees, assessments or surcharges. Additional Directory Listing charges may also apply and are not include in the Totals herein. Local usage charges apply if applicable. After the end of the promotional period, Customer will be billed the full monthly service charges for each product. • Customer is responsible for cancellation of services with current providers. • If Customer has an active alarm line, Customer must advise alarm company of change of service. • TDS reserves the right to block high fraud international long distance locations. • For managedIP Hosted (managed deployment) and managedIP Trunking, if Services ordered necessitate that TDS dispatches a technician to Customer’s premise, Customer will be notified of the visit in advance. It is required that a Customer representative is on site when the technician arrives and that full access to the telecommunication’s closet be provided. In addition, the Customer must ensure that prior to the installation visit, the site is ready with a rack, mounting board or shelf to house TDS equipment and that four unoccupied AC outlets are available within four feet of the equipment. If any of the forgoing conditions are not met, TDS may charge the Customer a $250.00 fee. Each party represents that the person signing this Agreement on its behalf is authorized to do so. Customer further represents that the Customer Information and the Authorized Customer Representative Information is true and correct. If TDS determines that it cannot deliver services to Customer’s service address under TDS’ normal installation and financial guidelines, TDS may terminate this Agreement upon notice to Customer. If TDS is required to engage in construction to provide Customer’s service and Customer cancels this Agreement prior to installation, Customer shall be liable for TDS's reasonable construction charges in addition to any early termination charges. Any equipment not shown as purchased on this Agreement must be returned to TDS upon cancellation of service. This Telecommunications Service Agreement ("Agreement") is between Mid-Plains Telephone, LLC ("TDS") and the Customer identified below ("Customer"). Customer acknowledges and agrees that this Agreement includes and incorporates by reference the Telecommunications Service Terms and Conditions linked below, and binds Customer to such terms and conditions, including any early termination charges that may apply. Mike McWilliams Cross Plains Village of (Village hall) The pricing and products outlined herein are valid for 30 days after the date on page 1. TDS reserves the right to issue an updated agreement if Customer has not returned a signed copy of this agreement to TDS within 30 days. IMPORTANT: PRICING FOR DEDICATED SERVICES IS CONDITIONAL AND MAY CHANGE AFTER TDS COMPLETES ADDITIONAL ENGINEERING WORK. Dedicated services such as, but not limited to, Dedicated Internet Access (DIA) and MetroEthernet, require TDS to perform formal engineering work, which will not be completed until after this Agreement is signed.  If TDS determines at any time during the engineering process that significant capital investments are necessary to complete the delivery of Services, TDS will promptly inform Customer and provide updated pricing for Customer’s review. TDS may require Customer to pay special construction charges and/or higher monthly service charges; Customer may also be required to commit to a longer service term. After receiving TDS’ updated proposal, Customer shall have 30 days to either (a) terminate the Agreement without penalty by notifying their TDS sales associate; or (b) accept the proposal and execute an amendment to the Agreement to memorialize the updated pricing. If Customer fails to exercise either option within the 30-day window, the Agreement will be deemed terminated. Date AGREED TO AND ACCEPTED BY: Customer / Company Name Authorized Customer Representative signature Authorized Customer Representative printed name Date Title Mid-Plains Telephone, LLC Authorized TDS Representative signature Telecommunications Service Agreement created using Version 2026 V5. https://tdsbusiness.com/terms-of-service.html TDS • managedIP SIP, PRI, and Essentials locations must have a minimum of 3 trunks. If a location falls below the minimum requirement, the service will be canceled and cancellation charges will apply. Authorized TDS Representative printed name Title Page 3 of 3 59 60 61 Thank you for the opportunity to earn your business! We’re excited to be your partner for all of your business needs. Ask your salesperson about advanced business texting, our business mobile solution, smart cameras, or managed network service! Date: Customer Details BILL TO: CUSTOMER INFORMATION: SALES REPRESENTATIVE: Proposal March 19th Village of Cross Plains, WI 2417 Brewery Road Cross Plains, WI 53528 Bobbi Zauner 608-798-3241, ext. 106 bobbi@cross-plains.wi.us Maisy Mae Moen Maisy@spectrumvoippartner.com 62 63 Date: To/For: Quote Expiration From: Address: 0 No 36 FALSE 1 150 TRUE FALSE Quote Options and Menu 1 0 0 9 0 No 2 Yes Yes 72 Cloud Seats 25 36 Platform Being Quoted Show Menu 36 STEP 7- Enter Analog Stations 0 ComXchange Controller Hide Menu + IP Guest Stations 0 ClearlyIP Gateways Gateways are in one location + IP Admin Stations 0 ClearlyIP Phones = Total Licensed Stations 0 ClearlyIP VoIP Services Solution IP Phone Brand Licensed External Call Paths 0 ClearlyIP VoIP Services Term NO Call Accounting License FALSE FALSE Billing/Payment Options (for reference only) NO QMetrix Agent Seats 0 QMetrix Seats Show Partner and List Price 0 07-01-19 Yes Quoting New Generation CIP Controllers Show ClearlyIP Phones Show ComXchange Hide ComXchange Show CloudWorksheet Hide Cloud Worksheet Show All Hide "0" QTY Show Gateway Worksheet Hide Gateway Worksheet 25 Clearly Cloud Seats 25 QTY List partner list CUSTOMER TOTAL 25 10 seats1to10 $22.49 #VALUE! $224.85 $224.85 25 15 seats11to50 $20.99 #VALUE! $314.78 $314.78 25 0 seats51to100 $19.49 #VALUE! -$487.13 $0.00 25 0 seats101to250 $17.99 #VALUE! -$1,348.88 $0.00 25 0 seats251above $16.49 #VALUE! -$3,709.13 $0.00 25 25 25 Total Seats User Seats - Each Seat allows up to five device registrations and includes 3000 minutes of US 48/CAN Calling $539.63 25 25 0 *To establish non-profit rates for a customer, first obtain approval from ClearlyIP, rate plan needs to be set before creation of Cloud or Trunking Locations. 50 ClearlyIP VoIP Services 50 SKU LIST LIST TOTAL 26 1 fax-light-callpath $9.99 25% $9.99 25 0 fax-high-callpath $24.99 25% $0.00 45 20 us-can-did $0.60 25% $12.00 25 0 us-toll-free-did $0.75 25% $0.00 27 2 e911-location $0.30 15% $0.60 27 2 e911-callback $0.80 15% $1.60 25 0 SMS-campaign $12.95 $0.00 50 List 50 Sum Additional Monthly Services $24.19 50 50 Estimated Usage Charges - Enter projected usage 50 Estimated Usage SKU LIST LIST TOTAL 50 0 $0.019 15% $0.00 50 0 $0.300 15% $0.00 50 0 $0.009 15% $0.00 50 0 $0.009 15% $0.00 50 0 $0.025 15% $0.000 $0.00 50 #VALUE! List 50 Sum Estimated Monthly Usage Charges $0.00 50 0 63 ClearlyIP Phones & Additional Hardware TRUE FALSE 63 QTY SKU LIST LIST TOTAL 1 0 CIP290V2 $349.00 $0.00 1 0 CIP-USBCAM200 $79.00 $0.00 1 0 CIP-PS290-NA $13.00 $0.00 1 0 CIP280V2 $299.00 $0.00 7 6 CIP270V2 $199.00 $1,194.00 1 0 CIP200V2 $199.00 $0.00 13 12 CIP250V2 $149.00 $1,788.00 8 7 CIP230V2 $115.00 $805.00 1 0 CIP-USBPB50 $57.00 $0.00 1 0 CIPEHS30 CIP EHS30 Electronic Headset Switch $57.00 $0.00 1 0 CIP-USBWBT60 USB BT/WIFI Adapter (FOR CIP 230,250) $57.00 $0.00 26 25 CIP-PS-NA CIP Phone Power Supply North America $6.75 $168.75 1 0 APPL-717FAX1 2-Port Fax Appliance (Requires Fax Call Path) $250.00 $0.00 50 List 50 Subtotal One Time Hardware Cost (Includes ComXchange Hardware From Above) $3,955.75 50 0 Subtotal Monthly IP Phone Rental Hardware Cost $0.00 50 0 68 Initial Setup/One Time Charges 0 0 68 QTY SKU LIST LIST TOTAL 1 1 $995.00 $0.00 $995.00 ### 1 $0.00 $0.00 $67.50 ### List 68 Subtotal Setup Charges $1,062.50 68 1 Summary 1 QTY SKU LIST LIST TOTAL 1 One Time Cost $5,018.25 1 Monthly Recurring Cost $563.82 1 Monthly Usage Estimate $0.00 1 Total Monthly Estimate (Recurring Charges + Usage) $563.82 1 1 36 Month service agreement, for a 1 with minimum monthly charge of $563.82 and an initial one time charge estimate as listed above. 1 1 Rates quoted do not include taxes or regulatory fees, which will vary based on tax jurisdictions. Onsite Installation is NOT included in this package. 1 Additional rates and terms can be found at https://www.clearlyip.com/legal/ This Service is provided by Clearly IP Inc. to Customer pursuant a 1 Signed and Accepted Quote, or Activation of Services via ClearlyIP Online Stores and signer agrees to be bound by the Terms and Conditions as outlined in an Executed Service Agreement and 1 additional standard Terms and Conditions as found on our website https://www.clearlyip.com/legal. Quote Valid Until: 1 1 Printed Name: 1 Authorized Signature: 1 Title: 1 Date: 1 Description Fax Call Path Lite (300 Min/Est Pages) Fax Call Path High (2000 Min./ Est Pages) 03-06-2024 04-05-2024 Clearly Cloud - ClearlyIP will Bill and Manage the system for Customer (Agreement with Customer) seats 101 thru 250 seats 251 and above seats 1 thru 10 seats 11 thru 50 seats 51 thru 100 sthorogood@clearlyip.com Address1, Address 2 Village of Cross Plains Bobbi Zauner 608-798-3241 ClearlyIP bobbi@cross-plains.wi.us Susan Thorogood - 920-372-5356 Billing: 2417 W Brewery Rd, Address 2, Cross Plains, WI 53528 Shipping: 2417 W Brewery Rd, Address 2, Cross Plains, WI 53528 Description Description Estimated Shipping Charges Setup & Configuration Description Service Quoted is based on a CIP 230 IP Phone - w/ 2 Year Warranty CIP USB Panic Button CIP 200 IP Phone - w/ 2 Year Warranty CIP 250 IP Phone - w/ 2 Year Warranty CIP 290 IP Phone - w/ 2 Year Warranty CIP 290 USB Camera CIP 290 Power Supply CIP 270 IP Phone - w/ 2 Year Warranty CIP 280 IP Phone - w/ 2 Year Warranty US 48/CAN Calling 75000 minutes included per month. Fax Plan Selected above includes 0 shared pages minutes/ Estimated pages per month, note Lite Fax Calling Paths are not shared. Description Description Per Minute Charge for Inbound Toll Free Calls (PPM) Per Minute Charge for Inbound Toll Free Faxes (PPM) Per Outbound SMS US or Canada Local Number US Toll Free Number E911 Dispatchable Location E911 Call-Back Profile SMS Campaign Clearly Cloud UCaaS Choose ComXchange Controller Purchase Method Select Analog Gateway Purchase Options Select Software Assurance Plan 36 Month Contract Default - Credit Card On File Show List Price Enter Property Name Here Enter Property ID Here if you know it CXP-6455 ClearlyIP Phones - Purchase with 2 Year Warranty 64 Sales proposal QUOTE PREPARED FOR PREPARED BY Village of Cross Plains Jessica Rapirap Sr Ignite Partner Assist Rep jessica.rapirap@ringcentral.com 65 RingCentral Inc., 20 Davis Drive, Belmont, CA 94002, United States 2 CONFIDENTIAL: This document contains information that is the confidential and proprietary property of RingCentral. Neither this document nor the information herein may be reproduced, used or distributed to or for the benefit of any third party without the prior written consent of RingCentral or pursuant to a confidentiality agreement. This quote is not binding until accepted in writing by Customer and RingCentral. Budgetary Quote Prepared for: Village of Cross Plains 2417 Brewery Rd. Cross Plains WISCONSIN 53528 United States Bobbi Zauner CPA Finance Director/Clerk bobbi@cross-plains.wi.us 608-798-3241 Quote Name: Village of Cross Plains 1 Quote Creation Date: June 4 , 2026th Quote Expiration Date: July 4 , 2026th Estimated Contract Start Date: June 4 , 2026th Initial Term: 48 Months Renewal Term: 48 Months Currency: USD Payment Plan: Monthly RingEX™ Services Recurring Services Summary of Service Qty Rate Subtotal DigitalLine Unlimited Core 25 $22.50 $562.50 Monthly Recurring Services Total $562.50 Recurring Fees Summary of Service Qty Rate Subtotal e911 Service Fee 25 $1.00 $25.00 Compliance and Administrative Cost Recovery Fee 25 $4.00 $100.00 Recurring Fees Total $125.00 Total   Recurring Services and feesMonthly $687.50 One-Time Items Summary of Item(s) Qty Rate Subtotal Yealink T53W Prime Business Phone 25 $107.50 $2,687.50 Yealink WH64 Dual 25 $0.00 $0.00 One-Time Items $2,687.50 One-Time Items Total $2,687.50 Monthly Recurring Services including Fees $687.50 66 RingCentral Inc., 20 Davis Drive, Belmont, CA 94002, United States 3 CONFIDENTIAL: This document contains information that is the confidential and proprietary property of RingCentral. Neither this document nor the information herein may be reproduced, used or distributed to or for the benefit of any third party without the prior written consent of RingCentral or pursuant to a confidentiality agreement. This quote is not binding until accepted in writing by Customer and RingCentral. One-Time Items Total including Fees $2,687.50 Total Amount* $3,375.00 *Amounts are exclusive of applicable Taxes, Fees, and Shipping Charges. "RingCentral Office" and "RingCentral MVP" are now "RingEX™". All references to "RingCentral Office" and "RingCentral MVP", whether in the Agreement or its attachments, Order Forms or descriptions, mean "RingEX™". 67 Customer Information - Service Address 6087984625 Business Name: Main Yellow Page Heading: Street: Ordered by: Flr/Rm/Suite: Ordered by Phone: City, State, Zip: Cross Plains, WI, 53528 Ordered by Email: Rent or Own: Own managed IP Hosted Deployment Type (If applicable ): Standard Managed Multiple Locations? Select if applicable Billing Information - Bill To Company: Billing Contact Name: Address: Phone: Flr/Rm/Suite: City, State, Zip: Cross Plains, WI, 53528 Monthly Services Charges/Credits: Quantity Term Each Total 1 Mo To Mo Five Static IPs $20.00 $20.00 1 Mo To Mo TDS Provided Modem/Router leased No Charge 1 24 Month Business Internet - 500M Fiber - Data Only - 2 Year $64.99 $64.99 *Total Monthly Services Charges/Credits: $84.99 $0.00 to $0.00 Description TDS Sales Representative: 5/21/2026 Telecommunications Service Agreement (608) 798-4625 bobbi@cross-plains.wi.us (608) 798-3241 (608) 824-7755 Cross Plains Village of (Village hall) 1601 Bourbon Rd Cross Plains Village of (Village hall) Bobbi Zauner E-rate/ RHC Effective Date* 1/0/1900 0 Estimated monthly video taxes and governmental fees: Landlord name and email (if applicable): 0 1601 Bourbon Rd Bobbi Zauner Account Number: Mike McWilliams x Page 1 of 3 68 One Time Charges/Credits: Quantity Term Each Total 1 One Time Service Order Charge $20.00 $20.00 1 One Time Service Order Charged - Waived -$20.00 -$20.00 1 One Time Commercial Installation Charge $150.00 $150.00 1 One Time Modem Shipping & Handling Fee $19.95 $19.95 1 One Time Commercial Installation Charge - Waived -$150.00 -$150.00 *Total One Time Charges/ Credits: $19.95 Description Page 2 of 3 69 Telecommunications Service Terms and Conditions: https://tdsbusiness.com/terms-of-service.html TDS • managedIP SIP, PRI, and Essentials locations must have a minimum of 3 trunks. If a location falls below the minimum requirement, the service will be canceled and cancellation charges will apply. Authorized TDS Representative printed name Title Date AGREED TO AND ACCEPTED BY: Customer / Company Name Authorized Customer Representative signature Authorized Customer Representative printed name Date Title Mid-Plains Telephone, LLC Authorized TDS Representative signature Telecommunications Service Agreement created using Version 2026 V5. • *Total does not include applicable taxes, fees, assessments or surcharges. Additional Directory Listing charges may also apply and are not include in the Totals herein. Local usage charges apply if applicable. After the end of the promotional period, Customer will be billed the full monthly service charges for each product. • Customer is responsible for cancellation of services with current providers. • If Customer has an active alarm line, Customer must advise alarm company of change of service. • TDS reserves the right to block high fraud international long distance locations. • For managedIP Hosted (managed deployment) and managedIP Trunking, if Services ordered necessitate that TDS dispatches a technician to Customer’s premise, Customer will be notified of the visit in advance. It is required that a Customer representative is on site when the technician arrives and that full access to the telecommunication’s closet be provided. In addition, the Customer must ensure that prior to the installation visit, the site is ready with a rack, mounting board or shelf to house TDS equipment and that four unoccupied AC outlets are available within four feet of the equipment. If any of the forgoing conditions are not met, TDS may charge the Customer a $250.00 fee. Each party represents that the person signing this Agreement on its behalf is authorized to do so. Customer further represents that the Customer Information and the Authorized Customer Representative Information is true and correct. If TDS determines that it cannot deliver services to Customer’s service address under TDS’ normal installation and financial guidelines, TDS may terminate this Agreement upon notice to Customer. If TDS is required to engage in construction to provide Customer’s service and Customer cancels this Agreement prior to installation, Customer shall be liable for TDS's reasonable construction charges in addition to any early termination charges. Any equipment not shown as purchased on this Agreement must be returned to TDS upon cancellation of service. This Telecommunications Service Agreement ("Agreement") is between Mid-Plains Telephone, LLC ("TDS") and the Customer identified below ("Customer"). Customer acknowledges and agrees that this Agreement includes and incorporates by reference the Telecommunications Service Terms and Conditions linked below, and binds Customer to such terms and conditions, including any early termination charges that may apply. Mike McWilliams Cross Plains Village of (Village hall) The pricing and products outlined herein are valid for 30 days after the date on page 1. TDS reserves the right to issue an updated agreement if Customer has not returned a signed copy of this agreement to TDS within 30 days. IMPORTANT: PRICING FOR DEDICATED SERVICES IS CONDITIONAL AND MAY CHANGE AFTER TDS COMPLETES ADDITIONAL ENGINEERING WORK. Dedicated services such as, but not limited to, Dedicated Internet Access (DIA) and MetroEthernet, require TDS to perform formal engineering work, which will not be completed until after this Agreement is signed.  If TDS determines at any time during the engineering process that significant capital investments are necessary to complete the delivery of Services, TDS will promptly inform Customer and provide updated pricing for Customer’s review. TDS may require Customer to pay special construction charges and/or higher monthly service charges; Customer may also be required to commit to a longer service term. After receiving TDS’ updated proposal, Customer shall have 30 days to either (a) terminate the Agreement without penalty by notifying their TDS sales associate; or (b) accept the proposal and execute an amendment to the Agreement to memorialize the updated pricing. If Customer fails to exercise either option within the 30-day window, the Agreement will be deemed terminated. Page 3 of 3 70 Staff/Department: Carly Persson, Village Administrator Subject Matter: Dane County Electric Vehicle Site Host Agreement Meeting Date: July 13, 2026 Referral History: Sustainability Committee – June 11, 2025, March 11, 2026 Executive Summary: Project Background: Code/Policy Review: Dane County has selected the Village of Cross Plains to participate in the Charge Up Dane County EV Charging Infrastructure Program. Approval of the Site Host Agreement would allow the Village to move forward with the project, which would include the installation of two dual-port Level 2 electric vehicle charging stations capable of charging up to four vehicles simultaneously at the new Village Hall and Police Department site. The agreement would commit the Village to serving as the site host for five years after the charging stations become operational, while Dane County would own, operate, and maintain the equipment during that time. Construction is dependent on federal funding and is not anticipated until 2027–2028. If the project moves forward, a separate easement would be prepared and presented to the Village Board for consideration at a future meeting. Staff brought the Charge Up Dane County funding opportunity to the Sustainability Committee for discussion in June 2025. Following the discussion, the Village submitted an application identifying the Village-owned parking lot at 1724 Main Street as a proposed host site. During Dane County's site visit, staff determined that dedicating multiple parking stalls to public EV charging at that location could significantly impact parking availability due to its proximity to Zander Park, nearby businesses, and the future Lions pavilion. As a result, staff explored alternative Village-owned locations. Staff later brought the next round of Charge Up Dane County funding to the Sustainability Committee for discussion in March 2026, including the proposed Village Hall and Police Department site. The Village submitted a second application on April 1, 2026. Following a site visit and review by Dane County and its design consultants, the County selected the site to move forward in the program. The proposed layout would dedicate approximately five parking stalls to EV charging, including one ADA - accessible charging space, subject to final design. Approval of the attached Site Host Agreement would allow Dane County to proceed with preliminary design, environmental review, and federal funding approvals. If the project advances, a site- specific easement and final design would be presented to the Village Board for future consideration. Approval of the Site Host Agreement does not require any amendments to the Village Code or existing Village policies. A separate easement and any related property documents would be brought to the Village Board for consideration if the project moves forward. 71 Fiscal Impact: Rec ommendation: A ppendices: 1. 6/16/26 Host Site Discussion with KL Engineering (Dane County’s Engineer) 2. Cross Plains Host Site Agreement Dane County would fund the design, installation, ownership, operation, and maintenance of the EV charging infrastructure through the Charge Up Dane County program. The Village would commit to serving as the site host for five years after the charging stations become operational. During that time, the Village may incur costs related to existing electrical infrastructure incorporated into the new Village Hall and Police Department project, depending on the final charger layout. Those costs, if any, have not yet been determined. Staff recommends approval of the Dane County Electric Vehicle Site Host Agreement. 72 Ch arge Up Dane County 25025-000 Site Host Meeting DATE: 6/16/2026 Site Identification:  Name: Village of Cross Plains – Village Hall and Police Department  Number: R3010 1. Introductions 2. Meeting Goal (Kathy): Provide an update on site design, review overall timeline and facilitate collaboration among the County, Site Host, and engineering consultant on proposed site layout, EV charging access, and electrical approach. 3. Review site layout (KL)  Site Host mentioned that they have current plans for an empty 2” conduit from the main electrical room for two future dual-port EV charging stations.  Site Host mentioned that they are open to having EV chargers on the backside of the building. o Site Host mentioned that the transformer and generator cannot be relocated due to an MG&E easement for the equipment. o Parking stalls at the backside of the building, near the existing access aisle, are where police intake is located. o Site Host mentioned that they were open to the EV chargers near the bioretention basin (see attached).  Site Host mentioned that the parking stalls at the front of the building were not ideal due to ADA compliance concerns. o Slopes near the retaining wall were steep. 4. Review access from EV Charging to Building and roadway/sidewalk – Potential Improvements (KL)  Site Host mentioned that they are planning to add a walkway on the backside of the building to connect to the existing sidewalk. 5. Review Electrical Approach (KL) 6. Review overall timeline, next steps (Kathy)  Dane County is waiting for construction funding from the Federal Highway Administration (FHWA). o Construction would potentially begin 2027-2028.  Dane County would have an easement for 5 years for the EV Chargers. o During those 5 years the chargers will be maintained by Dane County.  The EV chargers will have a set price for the charging. o Dane County will help guide on what the charging cost will be. 73 7. Actions  KL will begin with the 30% EV design for the parking lot. 74 Toll Free (800) 242-8511 F E D C B A 12345678 North Check: Drawn: Date: Comm: WOLD ARCHITECTS AND ENGINEERS 332 Minnesota Street, Suite W2000 St. Paul, Minnesota 55101 woldae.com | 651 227 7773 # VILLAGE OF CROSS PLAINS New Village Hall & Police Department 2417 Brewery Road, Cross Plains, Wisconsin 53528 1601 Bourbon Road Cross Plains, Wisconsin 53528 243047 Revisions DescriptionDateNum CREATE THE VISION MADISON REGIONAL OFFICE 507 WEST VERONA AVENUE, SUITE 500 VERONA, WISCONSIN 53593 P. 608.848.5060 jsdinc.com File: \\JSDINC\projects2\2024\2414055\DWG\Civil Sheets\2414055 - Con Docs.dwg Layout: C400 - GRADING AND EC User: chris.dawson Plotted: Aug 25, 2025 - 5:45pm Xref's: CHG CWD 08/26/2025 C400 GRADING AND EROSION CONTROL PLAN CROSS PLAINS FIRE DEPARTMENT BOURBON ROAD PROPOSED BUILDING FFE = 882.25 GFE = 869.59 FFE = 876.25 FFE = 882.25 FFE = 869.59 FFE = 882.25 PROPOSED BIORETENTION BASIN 75 EV STATION SITE HOST AGREEMENT This Electric Vehicle Charging Station Site Host Agreement (“Agreement”), made upon the date of its full execution (“Effective Date”), is entered into by and between the County of Dane (“County”), a Wisconsin quasi-municipal corporation with offices at 210 Martin Luther King, Jr. Blvd, Room 419, Madison, WI 53705, and Village of Cross Plains (“Site Host”), a local unit of municipal government with facilities at 1601 Bourbon Rd, Cross Plains, WI, 53528. WHEREAS, County applied to the United States Department of Transportation, Federal Highway Administration, for a grant under the Charging and Fueling Infrastructure Discretionary Grant Program (“CFI Grant”) to install electric vehicle charging stations throughout Dane County, and WHEREAS, County conducted an open and competitive process to select installation sites that were unlikely to be prioritized by the private market, and WHEREAS, Site Host is the owner of Village of Cross Plains Village Hall and Police Department located at 1601 Bourbon Rd, Cross Plains, WI, 53528 (“Site’); WHEREAS, Site was selected by County as an installation site for an electric vehicle charging station because it is located in one of the following designated priority areas: (i.) Rural, (ii.) low- and moderate-income neighborhood, (iii.) an area with low ratio of private parking to households, (iv.) an area with high ratio of multifamily dwellings to single family homes, (v.) or an area with active and public transportation services and connections (“Priority Area”); WHEREAS, Site Host desires to have County install an electric vehicle charging station at the Site under the terms and conditions provided for in this Agreement; NOW THEREFORE, and in consideration of the mutual covenants and obligations contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows: 1. Term. The term of this Agreement begins on the Effective Date and ends five (5) years following the date that the electric vehicle charging station is first operational and open to the public (“Term”). 2. Funding. The parties acknowledge that County has secured funding from the U.S. Department of Transportation, Federal Highway Administration’s Charging and Fueling Infrastructure Discretionary Grant Program (“CFI Grant”) to install an electric vehicle charging station at the Site. The CFI Grant requires that the installation and operation of any electric vehicle charging station complies with the National Electric Vehicle Infrastructure Standards and Requirements (“23 CFR Part 680”). County will manage all grant funds, procurement and contracts related to the site assessment, equipment purchase, and construction and installation related to siting an electric vehicle charging station. The County ensures that the construction and installation of the electric vehicle charging station complies with 23 CFR Part 680. Site Host is not a sub-awardee of the CFI Grant, but agrees that all of its obligations under this Agreement are material and that compliance with such obligations ensure that the terms of the CFI Grant are met. 3. Site Prerequisites. The rights and obligations of all parties under this Agreement will be subject to the following Site prerequisites: 76 a. L ocation in a Priority Area b. An existing paved parking lot in an acceptable condition that consists of at least 4 to 5 adjacent parking spaces of standard size that the host is willing to reserve as parking only for electric vehicle (EV) charging c. Ability to deliver electrical capacity of 208 -240 volts d. ADA compliant sidewalks e. Any of the following features (if identified by Site Host): i. Parking lighting ii. Pedestrian accessibility such as sidewalks iii. Public visibility or video surveillance f. Accessible to the general public 24 hours a day, seven days a week. If at any time during the Term, the Site no longer meets any of the prerequisites listed above, County shall have the right to immediately terminate this Agreement at no cost to Site Host. 4. Site Assessment. County, through a subcontractor, has conducted an assessment of the Site to determine its viability for the installation of an electric vehicle charging station, and the assessment has determined that the Site is a viable placement for an electric vehicle charging station. 5. Electric Vehicle Charging Station. County will install Level 2 electric vehicle charging equipment (“EV Station”) capable of simultaneously charging four vehicles in a four to five parking space area at the Site. a. Ownership. Upon installation, Site Host shall hold all right, title and interest in or to the EV Station throughout the Term. Upon expiration of the Term, Site Host shall retain title to the EV Station and the County shall have no additional responsibility for the EV Station except as required under this agreement or federal law. 6. Site and EV Station Access. During the Term, Site Host shall grant to County a temporary limited electric vehicle charging station easement in the form provided for in Exhibit A attached hereto for the purposes identified therein. a. Maintenance. County will maintain and repair the EV Station and attempt to provide Site Host at least twenty-four (24) hour notice prior to entering the Site if the EV Station requires maintenance or repair. b. Inspection. County shall have the right to access the Site to test or inspect the EV Station to determine whether it is operational and publicly accessible. c. ADA Compliance. After construction and installation, Site Host will be responsible for compliance with the ADA as applicable to the EV Station Site. 7. Security. Pursuant to 23 CFR Part 680, the EV Station will include on-site physical safety measures and cybersecurity strategies. a. Physical Security. Physical security measures may include lighting to ensure visibility by the public, video surveillance, remote monitoring, emergency call boxes, fire prevention, charger locks and other measures designed to prevent tampering and illegal surveillance of payment devices. 77 b. Cybersecurity. Cybersecurity measures may include user identity and access management, cryptographic agility and support of multiple Public Key Infrastructures (PKI), monitoring and detection, incident prevention and handling, configuration, vulnerability and software update management, third-party cybersecurity testing and certification, and continuity of operation when communication between the charge and charging network is disrupted. 8. Signs. Site Host shall authorize the placement of wayfinding signage for the EV Station. Such signs must comply with 23 CFR Part 750 – Highway Beautification. 9. Easement. Site Host agrees to grant County a temporary, limited easement in the form provided in Exhibit A attached hereto (“Easement”). County will be responsible for all costs related to the creation of a survey depicting the location and dimensions of the Easement Area (defined in the Easement), subject to Section 2 of the Easement. Site Host shall execute and deliver the Easement to County within thirty (30) days of receipt from County. Promptly following either the expiration or termination of this Agreement, County shall execute and have recorded at its own expense a release and termination of the Easement. 10. Public Use. During the Term and subject to any work being performed by the third-party operator under the operation and maintenance agreement identified in Section 13 below, Site Host shall ensure that the EV Station is accessible for use to the public 24 hours per day, 7 days a week, year-round, subject to reasonable snow removal operations or other weather-related events and site maintenance. Subject to the preceding sentence, any member of the public must be able to use the EV Station to charge electric vehicles during these hours, provided that such member of the public remits payment for the use of the charging station. Site Host cannot charge for parking. 11. EV Station Approvals and Registrations. Site Host will be solely responsible to secure and maintain all necessary local approvals and registrations to operate the EV Station at the Site. 12. Standards. Site Host shall abide by and conform to applicable state, federal, and local laws, ordinances, rules, codes, regulations, and standards in the performance of their responsibilities under this Agreement. 13. Operation and Maintenance. County will secure, at its own expense, on behalf of Site Host an operation and maintenance agreement (“O&M Agreement”) with a third-party operator for the EV Station during the Term. a. Reliability. The O&M Agreement will contain measures designed to meet the average annual uptime of greater than 97% for each charging port set forth in 23 CFR Part 680. Site Host agrees to reasonably cooperate with County and the third-party operator in order to ensure compliance with this standard. b. Notice. If at any time Site Host is aware of any issues resulting in downtime of the EV Station, it shall immediately notify the third-party operator under the O&M Agreement pursuant to the notice provisions contained in the O&M Agreement. c. Repair & Replacement. County will be responsible for coordinating and covering the cost of any necessary maintenance, repair, or replacement that is not covered by warranty or under the O&M Agreement. Site Host shall not be responsible for any maintenance, repair or replacement costs during the Term of this Agreement. 78 T he parties acknowledge that the O&M Agreement will not be executed until after the effective date of this Agreement. County agrees to provide the O&M Agreement to Site Host prior to the start of EV Station construction for review and approval. In the event that Site Host, in its sole discretion, determines that the terms of the O&M Agreement are unacceptable, Site Host may terminate this Agreement upon written notice to County without further obligation or liability. 14. Data Submittal. CFI Grant requires the submittal of data on a quarterly basis during the Term related to the EV Station and its use in accordance with 23 CFR 680. County will be responsible for submitting the data throughout the Term of the Agreement. Site Host agrees to reasonably cooperate with County, its employees, agents and contractors to facilitate the submission of any required data. 15. Electric Service. County shall be responsible for all costs associated with extending electric power to the EV Station, including, but not limited to, costs associated with the connection including arranging for new electric service or connection to existing electric service. The EV Station will require a minimum of four (4) 40 amp circuits which will deliver up to 32 amps at 208 to 240 volts. The EV Station must deliver at least 6 kW to four vehicles simultaneously. 16. Cost of Electric Service & Registration. Subject to Sections 15 and 17, Site Host shall be responsible for the cost of electricity associated with the EV Station, including the payment of all energy charges, fees, riders, taxes, demand charges and other expenses billed by the electric utility. Further, Site Host shall register the EV Station with the Wisconsin Department of Revenue in accordance with Wis. Stat.§ 77.971, and shall pay any excise tax required by Wis. Stat. §77.972. 17. EV Station Revenue. The County and Site Host shall design and the Site Host shall implement a pricing structure for user fees in accordance with 23 CFR Part 680. Site Host shall collect all revenue generated by the EV Station from fees charged to users. County will work with Site Host and the EV Station vendor (that is, the company that installs the EV Station) to ensure that the pricing structure of such fees comply with 23 CFR Part 680. Notwithstanding the preceding sentences, the pricing structure shall be designed so that Site Host recovers all costs incurred by Site Host related to the operation of the EV Station, including the payment of all energy charges, fees, riders, taxes, demand charges and other expenses. 18. Use of Net Income. During the Term of the Agreement, any net income from the EV Station may only be used for those costs listed in 23 CFR Part 680. Site Host shall be responsible for submitting to County at least annually any documentation of allowable uses of such income during the Term. After the expiration of the Agreement, there are no restrictions on the fees charged to the user or on use of the net income. 19. Taxes. Site Host shall be solely responsible for the determination and payment when due of all taxes that may be due in connection with the Agreement, including, without limitation, income, property, excise and use taxes. 20. Monitoring. County reserves the right to monitor Site Host’s performance under this Agreement in order to verify compliance. 79 21. No Removal, Move or Sale. Site Host agrees it shall not remove, sell, retire, dispose of, or move the EV Station from the place of installation during the Term, without the prior written consent of County. 22. Default. In the event of a breach of this Agreement by either party, each party shall have in addition to other rights as may herein be provided, all rights and remedies provided at law or in equity, including the right of specific performance and to recover all costs, expenses and damages incurred. 23. Assignment or Change In Control. County and Site Host shall not assign, subcontract or transfer any interest or obligation in this Agreement, without the prior written consent of other party, including the hiring of independent contract service providers unless otherwise provided herein. In the event of a change of control, Site Host agrees to notify County no later than ninety (90) days prior to the closing on any purchase or sale. Site Host further agrees that should the new owner desire to terminate this Agreement, that Site Host shall be responsible for reimbursing County for all costs that the County has incurred under this Agreement. 24. Failure to Reimburse. Site Host agrees that if at any time the federal government terminates the CFI Grant or fails to reimburse County for any expenses it incurs under the CFI Grant, County will have the right to terminate this Agreement at no cost to Site Host. If this Agreement is terminated pursuant to the preceding sentence, County shall remove all facilities associated with the EV charging station and this Agreement and shall restore the Site to the condition that existed prior to the execution of this Agreement. 25. Waiver. Either party’s failure at any time to require the other party’s performance of any obligation under this Agreement will in no way affect the full right to require such performance at any time thereafter. Either party’s waiver of a breach of any provision of this Agreement will not constitute a waiver of the provision itself. Either party’s failure to exercise any of its rights provided in this Agreement will not constitute a waiver of such rights. 26. Notices. All notices required hereunder shall be in writing and shall be deemed properly served if sent by registered or certified mail to the following addresses (or to such other address as either party may be subsequently designate in writing): a. County: Kathryn Kuntz Office of Energy & Climate Change 210 Martin Luther King, Jr., Blvd, Suite 108 Madison, WI 53703 Kuntz.kathryn@danecounty.gov b. Site Host: Carly Persson Village of Cross Plains 1601 Bourbon Rd, Cross Plains, WI, 53528 cpersson@cross-plains.wi.us 80 27. Insurance and Indemnification. a. County and Site Host shall be responsible for their own acts, errors or omissions and for the acts, errors or omissions of its employees, officers, officials, agents, boards, committees and commissions, and shall be responsible for any losses, claims, and liabilities that are attributable to such acts, errors, or omissions including providing its own defense, arising out of this Agreement. It is not the intent of either party to waive, limit or otherwise modify the protections and limitations of liability found in Wis. Stat. 893.80 or any other protections available to the parties by law. This paragraph shall survive the termination of this Agreement. b. County and Site Host shall, at their own expense, obtain and at all times during the term of this Agreement keep in full force and effect the insurance coverages, limits, and endorsements listed below. When obtaining required insurance under this Agreement and otherwise, Site Host and County agree to preserve the other party’s subrogation rights in all such matters that may arise that are covered by County’s or Site Host’s insurance. Neither these requirements nor the County’s or Site Host’s review or acceptance of the other party’s certificates of insurance are intended to limit or qualify the liabilities or obligations assumed by the County or Site Host under this Agreement. The County and Site Host expressly reserve the right to require higher or lower insurance limits where County or Site Host deem necessary. c. Commercial General Liability. Site Host and County agree to maintain Commercial General Liability insurance at a limit of not less than $1,000,000 per occurrence. Coverage shall include, but not be limited to, Bodily Injury and Property Damage to Third Parties, Contractual Liability, Personal Injury and Advertising Injury Liability, Premises-Operations, Independent Site Host’s and Subcontractors, and Fire Legal Liability. The policy shall not exclude Explosion, Collapse, and Underground Property Damage Liability Coverage. The policy shall cover bodily injury and property damage liability, owned and non-owned equipment, blanket contractual liability, completed operations. d. Insurer’s Requirement. All of the insurance shall be provided on policy forms and through companies satisfactory to Site Host and County, respectively, and shall have a minimum AM Best’s rating of A- VIII. e. Cancelation Notice. Each insurance policy required by this Agreement shall state, or be endorsed so as to the state, that coverage shall not be canceled by the insurance carrier, County, or the Site Host, except after sixty (60) days (ten (10) days for non-payment of premium) prior written notice by U.S. mail has been given to County or Site Host, respectively. f. Evidences of Insurance. Prior to execution of the Agreement, Site Host shall file with County and County shall file with Site Host a certificate of insurance (Accord Form 25-S or equivalent) signed by the insurer’s representative evidencing the coverage required by this Agreement. Such evidence shall also include confirmation that coverage includes or has been modified to include all required provisions as detailed herein. g. Sub-Contractors. In the event that County or Site Host employs sub-contractors as part of this Agreement, it shall be the County’s or Site Host’s responsibility to require and confirm that each sub-contractor meets the minimum insurance requirements specified above. h. The parties do hereby expressly agree that Site Host or County, acting at their sole option and through their Risk Manager, may waive any and all requirements contained in this 81 A greement, such waiver to be in writing only. Such waiver may include or be limited to a reduction in the amount of coverage required above. The extent of waiver shall be determined solely by Site Host’s or County's Risk Manager, respectively, taking into account the nature of the work and other factors relevant to Site Host’s or County's exposure, if any, under this Agreement. 28. Non- Discrimination. In the performance of the obligations under this Agreement, the Parties agree to abide by their own respective affirmative action plans and in doing so agree not to discriminate, in violation of any local, state or federal law, against any employee or applicant. The Parties further agree not to discriminate, in violation of any local, state or federal law, against any subcontractor or person who offers to subcontract on this Agreement because of race, religion, color, age, disability, sex, sexual orientation, gender identity or national origin. 29. Civil Rights. Title VI of the Civil Rights Act of 1964 (78 Stat. 252, 42 U.S.C. §§ 2000d to 2000d-4) and the Federal Regulations, apply to this Agreement to ensure that no person shall, on the grounds of race, color or national origin, be excluded from participation in, be denied the benefit of, or be subjected to discrimination under any program or activity receiving Federal financial assistance. 30. Debarment. By signing this Agreement, County and Site Host attest that they are not debarred from participating in federal or state procurements. Site Host or County reserve the right to cancel this Agreement if Site Host or County is presently, or is in the future, on the list of parties excluded from federal or state procurements. 31. Independent Contractors. The parties to this Agreement are independent contractors. There is no relationship of partnership, joint venture, employment, franchise or agency created hereby between the parties. Neither party will have the power to bind the other or incur obligations on the other party’s behalf without the other party’s prior written consent. 32. Records. County and Site Host shall make and retain all records related to this Agreement (including financial records, progress reports, service, equipment, and material orders, invoices, evidence of payment, and payment and reimbursement requests) for a minimum of seven (7) years following the expiration or termination of this Agreement. County and Site Host shall permit the other party or their authorized representatives to examine such records. County and Site Host shall furnish copies of all such records upon request. 33. Financial Interest Prohibited. Under s. 946.13, Wis. Stats. County employees and officials are prohibited from holding a private pecuniary interest, direct or indirect, in any public contract. By executing this Agreement, each party represents that it has no knowledge of a County employee or official involved in the making or performance of the Agreement that has a private pecuniary interest therein. It is expressly understood and agreed that any subsequent finding of a violation of s. 946.13, Wis. Stat. may result in this Agreement being voided at the discretion of the County, at no cost to either party. 34. Entire Agreement. The entire agreement of the parties is contained herein and this Agreement supersedes any and all oral agreements and negotiations between the parties relating to the subject matter hereof. The parties expressly agree that this Agreement shall not be amended in any 82 f ashion except in writing, executed by both parties. 35. Controlling Law and Venue. It is expressly understood and agreed to by the parties hereto that in the event of any disagreement or controversy between the parties, Wisconsin law shall be controlling. Venue for any legal proceedings shall be in the Dane County Circuit Court. 36. Counterparts. The parties may evidence their agreement to the foregoing upon one or several counterparts of this instrument, which together shall constitute a single instrument. 37. Copies Valid. This agreement, and any amendment or addendum relating to it, may be executed and transmitted to any other party by legible facsimile reproduction or by scanned legible electronic PDF copy, and utilized in all respects as, an original, wet-inked manually executed document. Further, this Agreement and any amendment or addendum thereto, may be stored and reproduced by each party electronically, photographically, by photocopy or other similar process, and each party may at its option destroy any original document so reproduced. All parties hereto stipulate that any such legible reproduction shall be admissible in evidence as the original itself in any judicial, arbitration or administrative proceeding whether or not the original is in existence and whether or not such reproduction was made by each party in the regular course of business. This term does not apply to the service of notices under this Agreement. 38. Execution. The parties agree that execution of this document may be made by electronic signatures. The parties may make electronic signatures by typing the name of the authorized signature followed by the words, “electronically signed” or by any other electronic means representing an authorized signature by Site Host or County. Site Host and County shall ensure that only authorized persons may affix electronic signatures to this Agreement, and Site Host and County may rely that the electronic signature provided by Site Host or County is authentic. This Agreement has no effect until signed by both parties. The submission of this Agreement to Site Host for examination does not constitute an offer. Site Host and County warrant that the persons executing this Agreement on their behalf are authorized to do so. FOR SITE HOST ____________________________________________________ _________________ *NAME* Date *TITLE* F OR COUNTY: ____________________________________________________ _________________ Melissa Agard Date Dane County Executive 83 EXHIBIT A TO AGREEMENT: SAMPLE TEMPORARY LIMITED EASEMENT 84 TEMPORARY LIMITED ELECTRIC VEHICLE CHARGING STATION EASEMENT This Temporary Limited Electric Vehicle Charging Station Easement (the “Easement”) is made on this ___ day of ____________, 20____ between ( the “Grantor”) and Dane County, a quasi -Wisconsin municipal corporation ("the County”). Whereas, the Grantor is the owner of real property in the , Dane County, Wisconsin, which the County has selected as an installation site for an electric vehicle charging station (the “Property”); and Whereas, the Grantor agrees to host an electric vehicle charging station on the Property; and Whereas, the Grantor and the County have entered into an EV Station Site Host Agreement that is attached as Exhibit C (the “Agreement”); and Whereas, the County desires this Easement for the purposes of pre -construction work and installing, constructing, operating, maintaining, data collection, repairing, replacing, monitoring and servicing utility lines and services, including but not limited to, electric, telecommunications, and other facilities required for the electric vehicle charging station (collectively “the Facilities”); Now therefore, and in consideration of the mutual covenants and obligations contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Grantor does hereby grant to the County this Easement for the Facilities in accordance with the following declarations and restrictions. 1) Grant of Easement. The Grantor does hereby grant, declare and establish to the County, its employees, contractors, licensees, successors and/or assigns a non- exclusive Easement upon, under, over, across and through the land as described on Exhibit A and depicted on Exhibit B which are both attached hereto and incorporated herein (the “Easement Area”), for the purposes described above. The County shall have the right of ingress and egress over the Easement Area and the Property to gain access to the Facilities. Grantor warrants and covenants that Grantor has the full right and authority to convey to the County this Easement, and that the County shall have quiet and peaceful possession, use and enjoyment of the same. 2) Easement Area: The exact location and dimensions of the E asement Area shall be determined by the County and Grantor prior to construction of the Facilities . If the parties are unable to agree on the location and dimensions of the Easement Area, either party may immediately terminate this Easement and the Agreement at no cost to the party that terminates this Easement and the Agreement. RETURN TO: Dane County Real Estate Coordinator 5201 Fen Oak Drive, #208 Madison, WI 53718 Tax Parcel No’s: 85 3) Easement Termination. This Easement is granted for a period five (5) years after the Facilities are operational and shall terminate upon expiration of the Agreement. The County shall record a Termination of Easement within 90 days of the expiration of the Agreement. 4) Construction and Property Restoration. Construction of the Facilities will be the responsibility of the County. Construction shall be performed and completed in a good and workmanlike manner and shall not interfere with or endanger the use of the Property . Following completion of the Facilities, the County shall restore the Easement Area and the Property affected by the work to the original condition prior to commencement of the construction. 5) Maintenance. The County shall be responsible for any and all maintenance of the Facilities during the five (5) year Agreement or until Termination of the Easement, whichever is earlier. 6) Plantings and Structures. The Grantor shall not place, or permit the placement of, any trees, vegetation, structures, or facilities within the Easement Area that may interfere with the exercise of the rights granted herein to the County. If the Grantor violates the preceding sentence, the County shall have the right to remove any such tree, vegetation, structure, or facility at the expense of Grantor. 7) Compliance. The Grantor and County shall comply with all applicable laws with respect to the Easement Area, including, but not limited to, any laws, standards, regulations, or permit requirements relating to environmental pollution or contamination or to occupational health and safety. 8) Breach. In the event of a breach of this Easement by Grantor or County, each p arty shall have, in addition to other rights as may herein be provided, all rights and remedies provided at law or in equity, including the right of specific performance and to recover all costs, expenses and damages incurred. If the defaulting party fails to perform any of its obligations hereunder within thirty (30) days after it receives written notice from the non -defaulting party of such failure, then in addition to all other remedies available at law or in equity, any non- defaulting Party shall have the right to perform such obligation on behalf of the Party who has failed to perform such obligation (the "Defaulting Party"), in which case the Defaulting Party shall reimburse the reasonable cost of performing such obligation. Each party shall be responsible for its own attorney fees. 9) Indemnification. The Grantor and the County shall be responsible for their own acts, errors or omissions and for the acts, errors or omissions of its employees, officers, officials, agents, boards, committees and commissions, and shall be responsible for any losses, claims, and liabilities that are attributable to such acts, errors, or omissions including providing its own defense, arising out of this Easement. It is not the intent of either party to waive, limit or otherwise modify the protections and limitations of liability found in Wis. Stat. 893.80 or any other protections available to the parties by law. This paragraph shall survive the termination of this Easement. 10) Amendment. This Easement may not be amended, modified, terminated, or released without the written consent of the Grantor and the County, or their respective successors-in-interest. 11) Binding Effect. The rights, obligations and liabilities granted herein shall be deemed to be covenants running with the land. This Easement shall be binding upon the Grantor, its successors and assigns. 12) Applicable Law. This Easement shall be construed in accordance with the laws of the State of Wisconsin. 13) Severability. If any term or provision of this Easement is held to be invalid or unenforceable by a court 86 of competent jurisdiction, then such holding shall not affect any of the remaining terms and provisions of this Easement and the same shall continue to be effective to the fullest extent permitted by law. 14) Public Record. This Easement shall be recorded at the office of the Dane County Register of Deeds. This Easement is granted as of this day of______________, 202____. _____________________________ Print Name: _____________________________ Print Name: State of Wisconsin ) ) ss. County of Dane ) Personally came before me this day of , 20___, the above named ______________________________, acting in said capacity and known by me to be the person(s) who executed the foregoing instrument and acknowledged the same. Notary Public, State of Wisconsin (print or type name) Commission Expires: 87 T his Easement is accepted this ______ day of _______________, 2025. DANE CO UNTY ______________________________ S cott McDonell, County Clerk S tate of Wisconsin ) ) ss. County of Dane ) Personally came before me this day of , 20_____, the above named Scott McDonell, Dane County Clerk, acting in said capacity and known by me to be the person who executed the foregoing instrument and acknowledged the same. N otary Public, State of Wisconsin (p rint or type name) Commission Expires: D rafted by SJ Smith/Dane County 88 Exhibit A to Temporary Limited Easement Legal Description 89 Exhibit B to Temporary Limited Easement Easement Depiction/map 90 E xhibit C to Temporary Limited Easement Copy of Site Host Agreement 91 July 8, 2026 Carly Persson, Village Administrator Village of Cross Plains 2417 Brewery Road Cross Plains, Wisconsin 53528 Re: Village of Cross Plains New Village Hall and Police Building Commission No. 243047 Dear Carly: We have reviewed Brickl Bros., Inc.’s Application and Certificate for Payment No. 7 and are approving it for payment. Please pay $252,410.83 to Brickl Bros., Inc. at your earliest convenience. Sincerely, Wold Architects and Engineers Michael Klass | AIA, LEED AP Associate Enclosure cc: Jay Lengfeld, Village of Cross Plains Michael Diehl, Brickl Bros. Mike Klass, Wold Courtney Korzeniowski, Wold SK/GOV-WI-CITY-CrossPlains/243047/_Admin/Letters/2026.07.08 Letter to Carly Persson (PA 7) 92 93 94 95 96 97 400 Brickl Road P.O. Box 125 West Salem, WI 54669 | Tel: (608) 786-0890 | www.BricklBros.com PARTIAL WAIVER OF LIEN June 25, 2026 FOR VALUE RECEIVED, WE hereby waive ALL rights and claims for lien on land and on buildings about to be erected, being erected, altered, or repaired and to the appurtenances thereunto, for VILLAGE OF CROSS PLAINS, OWNER, by BRICKL BROS., INC., CONTRACTOR, for Project #25069, same being situated in DANE County, State of WISCONSIN described as ABOVE for all labor performed and for all material furnished for the erection, construction alteration or repair of said building and appurtenances PARTIAL IN THE AMOUNT OF TWO HUNDRED FIFTY TWO THOUSAND FOUR HUNDRED TEN DOLLARS AND EIGHTY THREE CENTS (*$252,410.83*). BRICKL BROS., INC. __________________________________________________ Wade Olson Date Construction Operations Director 6/25/2026 98