Competitive Sales Calendar Sale Date: Tuesday, May 6, 2025 at 10:00 A.M. C.T. Issue Amount: $2,000,000 Issue: City of Independence, Minnesota General Obligation Street Reconstruction Bonds, Series 2025A Maturities: 2/1/2027 – 2/1/2036 Ratings: S&P Rating: AA+ Official Statement/Docs: Independence POS 2025A Type of Bid: Non-Cancellable (Hold-the-Offering-Price Rule may apply)