Term (a) Initial Term of the (Renewed/Extended) NSSA Docusign Envelope ID: B6808A5D-2410-8B01-8156-B2E4474EDFB2 Board Packet 04/23/2026 Subject to Board approval and execution by both Parties of this Fifth Amendment, this Renewed/Extended NSSA shall be in effect for a maximum of two (2) years from April 23, 2026 and will expire at 5PM CST, April 23, 2028, on the second (2nd) year anniversary of the effective date of this NSSA. (b) Renewed/Extended Term of the NSSA Since Applicant/Assignee has me

Staff Report & Agenda Item Details

Term (a) Initial Term of the (Renewed/Extended) NSSA Docusign Envelope ID: B6808A5D-2410-8B01-8156-B2E4474EDFB2 Board Packet 04/23/2026 Subject to Board approval and execution by both Parties of this Fifth Amendment, this Renewed/Extended NSSA shall be in effect for a maximum of two (2) years from April 23, 2026 and will expire at 5PM CST, April 23, 2028, on the second (2nd) year anniversary of the effective date of this NSSA. (b) Renewed/Extended Term of the NSSA Since Applicant/Assignee has met all of his obligations under this NSSA, as amended by the Third Amendment, the Fourth Amendment and this Fifth Amendment, this NSSA will be renewed/extended upon Applicant’s/Assignee’s written request received by the District no later than sixty (60) days prior to the expiration date of April 23, 2028. In order to extend/renew the NSSA beyond the term assigned by this Fifth Amendment, the Applicant/Assignee and the District will be required to execute a new NSSA or a new amendment to this NSSA, at the discretion of the District. Should Applicant/Assignee and the District need to execute a new NSSA or new amendment to this NSSA, the Renewed/Extended or amended NSSA shall be on substantially the same terms and conditions set forth in this NSSA. The term of the Renewed/Extended NSSA shall be for two (2) years as conditioned in Section 7(d) and all other conditions in the original NSSA.

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.9/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.