City of Shively

NOTICE OF INDUSTRIAL REVENUE NOTE:

CITY OF SHIVELY, KENTUCKY

MUNICIPAL ORDER NO. 16, SERIES 2026

A MUNICIPAL ORDER OF THE CITY OF SHIVELY, KENTUCKY (THE “CITY”) RELATING TO THE FINANCING OF ACQUISITION, CONSTRUCTION, EQUIPPING AND, INSTALLATION OF AN INNOVATION CENTER AND RENOVATIONS TO THE CAMPUS OF DESALES HIGH SCHOOL LOCATED AT 425 KENWOOD DRIVE, LOUISVILLE, KENTUCKY (THE “PROJECT”); AGREEING TO UNDERTAKE THE ISSUANCE OF THE CITY OF SHIVELY, KENTUCKY INDUSTRIAL REVENUE NOTE, SERIES 2026 (ST. FRANCIS DESALES HIGH SCHOOL PROJECT) (THE “NOTE”) IN AN AMOUNT NOT TO EXCEED $4,000,000 FROM THE CITY AND THE ROMAN CATHOLIC BISHOP OF LOUISVILLE DBA ST. FRANCIS DESALES HIGH SCHOOL (THE “BORROWER”) IN FAVOR OF REPUBLIC BANK & TRUST COMPANY (THE “BANK”) TO PAY FOR COSTS OF THE PROJECT; APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY OF (A) A LOAN AGREEMENT AMONG THE CITY, THE BORROWER, THE ROMAN CATHOLIC BISHOP OF LOUISVILLE, A CORPORATION SOLE AND THE BANK, (B) THE NOTE, AND (C) ANY AND ALL OTHER RELATED DOCUMENTS; AND AUTHORIZING THE TAKING OF OTHER ACTION.

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