Pursuant to an ordinance adopted on February 5, 2024, by the City Council of the City of Nampa, Canyon County, Idaho (the “City”), there will be a special municipal bond election held between the hours of 8:00 a.m. and 8:00 p.m. on May 21, 2024, in the City regarding the City’s proposed issuance of general obligation transportation bonds in an amount not to exceed $38,000,000 for the purposes of increasing public safety by funding improvements to certain roadways and pedestrian corridors within the City. The interest rate anticipated on the proposed bonds based on current market rates is 3.59% per annum. The total amount to be repaid over the life of the proposed bonds, principal, and interest, based on the anticipated interest rate, is estimated to be $53,910,817, consisting of $38,000,000 in principal and $15,910,810 in interest. The estimated average annual cost to the taxpayer of the proposed bonds is a tax of $18.00 per $100,000 of taxable assessed value, per year, based on current conditions. The proposed bonds will mature within twenty (20) years from the date of each series of bonds. The total existing indebtedness of the City, including interest accrued as of May 21, 2024, is $155,840,619. | 
