RESOLUTION EXPRESSING INTENT TO REIMBURSE CERTAIN EXPENDITURES WHEREAS, Round Rock Independent School District (the “District”) is a political subdivision of the State of Texas authorized to finance its activities by issuing obligations; and WHEREAS, the District will make, or has made not more than 60 days prior to the date hereof, payments with respect to the acquisition, construction, rehabilitation, reconstruction or renovation of the projects listed on Exhibit A attached hereto (the “Financed Projects”); and WHEREAS, in certain circumstances, federal and/or state law requires that the District express its official intent to issue obligations to reimburse itself for expenditures paid prior to the issuance of such obligations in order for such expenditures to be eligible for reimbursement from proceeds of such obligations; and WHEREAS, Section 1.150-2(d)(2) of the Treasury Regulations sets forth limitations regarding the timing of reimbursements made from the proceeds of certain tax-exempt obligations. NOW, THEREFORE, be it resolved that: Section 1. The District reasonably expects to reimburse itself for costs that have been or will be paid subsequent to the date that is 60 days prior to the date hereof and that are to be paid in connection with the acquisition, construction, rehabilitation, reconstruction or renovation of the Financed Projects from the proceeds of obligations to be issued subsequent to the date hereof. Section 2. The District reasonably expects that the maximum principal amount of obligations issued to reimburse the District for the costs associated with the Financed Projects will be $3,146,355. Such obligations may be issued in one or more series. Section 3. Unless otherwise advised by bond counsel, any reimbursement allocation will be made not later than 18 month after the later of (1) the date the original expenditure is paid or (2) the date on which the Financed Project to which the expenditure relates is placed in service or abandoned, but in no event more than three years after the original expenditure is paid. ADOPTED THIS 15TH DAY OF November, 2018. ROUND ROCK INDEPENDENT SCHOOL DISTRICT By: Name: Title: #5815042 EXHIBIT A DESCRIPTION OF PROJECT SCHOOL NAME Anderson Mill ES Anderson Mill ES Anderson Mill ES Anderson Mill ES Berkman ES Berkman ES Berkman ES Canyon Vista MS Caraway ES CD Fulkes MS Rebuild Cedar Ridge HS Cedar Ridge HS Cedar Ridge HS District Wide District Wide District Wide District Wide District Wide District Wide District Wide District Wide PROJECT TYPE HVAC Controller Replacement/Programming Replace AHU'S, CU's, EXF's, HP's, and RTU`S Replace electric panels Replace Main Switch Gear HVAC Controller Replacement/Programming Partial re-roof, metal is good mod bit needs replacing Replace AHU'S, CU's, EXF's, HP's, MAU'S and RTU`S Replace Lift Station pumps & controls Redo field to get rid of roots, rocks, etc. Completely rebuild the campus as a traditional middle school with similar features as other new RRISD middle schools. New school capacity of 750 students will accommodate existing student enrollment. Raise cooling towers Resurface Track Resurface Turf Fields (2) Access Control System for Door Alarms and Badging (Includes 800R027 scope) Burglar Alarm/Intrusion Detection System (1ST SALE) Emergency Broadcast Notification System (1ST SALE) Emergency Telephone/Intercom (Camera at Entry) (1ST) Parking Lot Resurfacing (26 campuses) (1ST SALE) Playground Equipment 32 Playgrounds - NEW PRODUCT. Includes equipment, ground cover. 26 shade structures (1ST SALE) Portables (Surveillance Cameras and Panic Buttons) (1ST SALE) Public Address (PA) System Update (1ST SALE) A-1 #5815042 CONSULTANT AMOUNT $5,962.00 $110,964.00 $2,592.00 $3,888.00 $5,334.00 $38,997.00 $93,789.00 $4,406.00 $11,855.00 $187,137.00 $3,888.00 $13,064.00 $50,388.00 $32,500.00 $14,200.00 $31,300.00 $20,000.00 $105,979.00 $117,089.00 $10,700.00 $38,400.00 SCHOOL NAME District Wide Fern Bluff ES Fern Bluff ES Fern Bluff ES Forest North ES GOALS Hernandez MS Hernandez MS Kelly Reeves Ath Ctr Laurel Mountain ES Live Oak ES McNeil HS McNeil HS McNeil HS McNeil HS McNeil HS McNeil HS Old Town ES Round Rock HS Round Rock HS Round Rock HS Support Svcs Bldg Technology Technology Transportation Transportation Voigt ES PROJECT TYPE Replace F/A system (1ST SALE) HVAC Controller Replacement/Programming Replace AHU'S, CU's, EXF's, HP's, MAU'S and RTU`S Replace roofing (with HVAC project) Replace Electrical Panels Add Asst Principal and Counselor offices Replace AHU'S, CU's, EXF's, HP's, RTU`S and Duct Replace roofing $135,167.00 $162,415.00 $2,592.00 $8,424.00 $104,851.00 $174,956.00 Replace Turf Field $20,736.00 Replace chilled water line insulation Add insulation at roof Master Plan Phase 2A (boys locker room improvements) $1,639.00 $103,680.00 Master Plan Phase 2A (per Phase 2 - 2015 Master Plan) construct new science addition and existing Admin/Cafeteria renovations Remove/Dispose of 5 underground fuel tanks Replace Baseball field irrigation and regrade Replace existing baseball dugouts Replace Gym scoreboards (4) and PA system Expand nurse's office and make ADA compliant Interior Lighting Retrofit (T12) Repair drainage around campus - needs engineering Replace Main Switch Gear and Panels in 100, 200, 300, Field House, 500 bldgs Renovate existing bldg to house Support Services At all elementary schools replace ceiling projectors with wall mounted interactive flat panels. At secondary campuses replace aged projectors with new projectors along with ceiling speaker replacement and HDMI cabling installation. (1ST SALE) Cafeteria AV/Multimedia Systems - Elementary and Secondary School Campuses (1ST SALE) Add parking at East Transportation Facility Bus/Fleet Management (GPS & Video Surveillance) System (1ST SALE) Replace Electrical Panels A-1 #5815042 CONSULTANT AMOUNT $105,376.00 $6,854.00 $255,528.00 $177,480.00 $4,488.00 $3,110.00 $6,221.00 $1,866.00 $10,814.00 $20,736.00 $46,656.00 $19,440.00 $323,180.00 $250,000.00 $70,000.00 $5,132.00 $39,500.00 $2,592.00 SCHOOL NAME Voigt ES Walsh MS Walsh MS Westwood HS Westwood HS PROJECT TYPE Replace Main Switch Gear Install irrigation system at practice field Resurface Track Master Plan Phase 4A - per the 2007 Master Plan renovate existing performance and fine arts spaces, and renovate/expand the ROTC building for ROTC, dance and color guard. Include restroom addition for the Warrior Bowl. (DESIGN) Master Plan Phase 4B - classroom addition to reduce portables (DESIGN) TOTAL A-1 #5815042 CONSULTANT AMOUNT $5,184.00 $3,629.00 $8,813.00 $112,320.00 $50,544.00 $3,146,355.00