RFP Fire Construction Account

To: Interested Parties

RE: City of Morehead, General Obligation Bonds, Series 2025

Our firm acted as Municipal Advisor in connection with the issuance of certain Bonds for the City of Morehead (the “City”).On behalf of the City we are soliciting quotes for investment of the net construction fund proceeds of the bonds.

Please be advised we are accepting quotes until 4:00PM. (E.T.), October 16, 2025. In order for your quote to be considered, please be advised of the following conditions:

1. Investments must be in accordance with KRS 66.480.

2. Delivery and payment of the investments is scheduled for approximately October 23, 2025.

3. Construction draws are expected to be monthly for a duration of 18 months for various amounts with a beginning amount of approximately $6,800,000.

4. The City of Morehead reserves the right to reject any or all quotes.

Should you be interested in providing a quote under this arrangement, you may mail or drop off your response to City Hall at 314 Bridge Street, Morehead, KY 40351 by the date and time set forth above.

Should you have any questions or need further information in order to submit a quote or to determine whether you wish to submit a quote, please do not hesitate to contact our office at (606) 784-8505.