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Tab 07 No. R-1 $4,515,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2026 August 7, 2025 593237FS4 REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: Four Million Five Hundred Fifteen Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or ifs nominee or (ii) if this Bond is not maintained in a book-entry " only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of G, such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 y�yµY 1r.'7i' i �.+ a i. 'I�nq+>r. ".F,�. •�dM'i .�_11.5 - - . _ ps X i. }dI .>A� r }atyo-. bl+,�- .��..{g.�, E`r.'.ir• 't'�.•r.::4 '7�sti. .rp.� ,�. -yra .ap'. }`"" yf -.�y.'.w,.� x .��..�� f r�'� -""`�s- �� ,XZ�:y�i��.�. dIrn �M1k � •11w6^]y�:.(at��6�MWT .r•... ;�wi:1•r rdd ..... Q11�[ � �'�Jy{ ..�1 S�j.f- ��'.�■N _ �� Q �'��'+'.. �. � �M1 L� ib�� '� r +:f...l� .�� ia t:�v•ynY+ Y�.1. VT�r•r �� 'iy 1'', `' 1 � v� • }R � ,v��`.�4f.n a.'e r��r- �e •AA+�'�Y3+i_iti��rx��x,�.��....,,'.��w;�''3 fir,�y��#�"�.'=�-_•.v.,�$�.'Y,1'!4y'..r-s�i':'.N;+.�ei:....•.��i�'+w��.�•l,�ra+w.��:...w�i��.,,i.�-�'�.....L 110484016011\AMERICAS No. R-2 $8,300,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Orijzinal Issuance CUSIP 5.000% February 1, 2027 August 7, 2025 593237FT2 REGISTERED OWNER: Cede& Co. PRINCIPAL AMOUNT: Eight Million Three Hundred Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only } system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United s States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the c payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 .�ir�ti-_i �..sw:! :�eawe $161ii i' .tiy:+ :.�eri. T:. .i�� Y '�i�": "�. �r rwn•� pY'y.1.-..;....> ,�.� • .�� Tw�yy, F:ir.•R+.'.y,.w: �'i�:w,i, . -.lu. ! •, f c y y �T-� ".�. A a"yi rr 5 �� r s ,3 .r ve.�dti..a .X�' ...,.t.. a'•^��` b•.:.r �-�• r�•.t }.*..wr �} ��•..�,' ��.v-.�•�.�hx•W!P•c..i:��t�fs��"'. uC.•��•• ri�� a n.;,�`iw,t+, ��.w�r� wr..i��.,w'fLr*-..��n��.�s ,:.rrw 5!' 1104840160\1\AMERICAS .r7T: _ }4aiA' V• " +fir F r: r- r sL�r i Y !r1 •f.Fe �r'a .Llfw tip:.••. r. ' n 3;R {`rL,�-�� ,.1,_ •4v wu , 'lJ]:,,., $ 4 €" g ,,� , �,:lz 1} �i :k.... � . yY' Y7Y Y��•r _ 1_r� Y� '+'x •a a rt i}tlL � �•!P�r �{q,• � r.uw �- F.�~ � r'ar. .•y.,r .� . �Pd�r �---ri t�i.:rw•;.rz�.�..«:tik�;na•!�' �..:T3-�i:�✓�.�.�d� �1..�_._..._"91._. :il _" 1� _ 1:7" E>r:" .�ti �e'r �-Trz u:•ar.k-�'<_.ar No. R-3 $8,730,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2028 August 7, 2025 593237FU9 REGISTERED OWNER: Cede& Co. PRINCIPAL AMOUNT: Eight Million Seven Hundred Thirty Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount-necessary to pay the cost of a: such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such u defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 ;rN:k •� •i'`'6/� -''• �:.w :C' 57� is :�. � !r` Y •rrr d {}FA 1 :h :• ...r-,t �.....s ,,i y, � } g j1,+104840�18011.WMER1CAS � ' N•••r ., ,n. -:- " t)p7r ,•� .0 cyv k. �+a 'v � � .►pr ale FL a.' d R in��,SiTi '} i�� ;{' •is u. •�r � yp�#. 3�J}} ��-}}ss ygyy�y¢si.,�,�rV��4� ¢ � e.��. u, vYyv�I.r��wfa Nt' gy]f{ ��-t, � �4er:Jsn�...yti �■ ��4t��'�9�7��iFkY��y�•�� ' .. ..-.._ 2 �vr•1.Q �A►fftieh4�' ?iL+tfeeaa.b6k9ti�tift rt'- ;-.. Mnll N�IEL^"ify.w•EYFe'wr 1'r'S• ►"nn' �+aMia`.l;c«.-sr .rr�r# No. R-4 $9,180,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2029 August 7, 2025 593237FV7 REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: Nine Million One Hundred Eighty Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called s the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the s fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only !� system b a securities depository, such payment may be made b automatic funds transfer wire I.; Y Y P rY� P Y Y Y (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system b a securities depository, upon written request of the Holder of$1 000 000 or more Y Y Y P rY� P q > in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank k, account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 �' ,,�.� r. �.. r ,• '� .� � r vim." .t�t� ,r �. t'�a' `:;� h` a3Fi s��w�; r-�Y ,.4v k' -�hd•� .,�_�`ny�a�'��'�ii _"',�-P 4 i4•..e..f. k .•t: p �.�4 gyp. _"sir;�;r ►. 4 t .e�,b,..�.�t •�.- 1104840160\1\AMERICAS us� Fk_.er +4':•- f" 'x � i' i�:a� �w�:-` w_ d- i'.��;.["" ".'r k�i�.* "..y• [w� � y �"` '.:':� F f.��: ��ps[.��` �•�w rivr �Yw-��.r�:.� .rp•�Y y21«rr� srL��- +�#yv-J � arr�•v� sA�•� �x w....n.�i J� •�; f.�y �y,' f�V �� . v �fraii .�si�i�y�1�-?.�-..i�L's_."n!6'_ .:SR�.�@Lx{re'.�]e ��'!^ar ��.�^-'irtilr'�+�+.^g��:r+:c!��.r3r,.c•x.�.cvr�¢3� 3� Ti-��wr.i3eSii2.i�r�. ref:"-- z' ,j n• .... '. .. � -_ .'�..- .yam-- _ . ... -i. _ 's-- 1 o- i�., .er`. �. `� �1' :A• xa it: •L.�-.`Y}.��;:��ti^.a4-'. r§_E ti� .. -,.Y �S ww.�q6 `�..:., =•y;,r.; .�.,�,:. [,3:cv,.�'i. :4- ,�`_Z'� `�, .{� r.. '•y .�::r. �i��a �s� rrr ..., fs ;f ".:�i. . N'.•Y� �ijjdd ,{p. srg-5.o e- _.5'; Y' �Q r.r.- CA n,r. .•�. . �,�.�.. srh.A• "�+t-r 1 --'"`^'l`: .-. Yr'-� i. rflr ..:�Z' �. -a,E; e:. 17, :ly. �{F. x.tii�A4 - ��'a: .,... .Sr-•.n .A7�•w..e�j}}'.r1.'u- �.ws..�� .. .�� .. ..r~ �,, •;�- ti..l•� r�[�.. „'i`^f+1�� _..rS .n ... .� I'S. � li�P•c�' ..�.7.+4. r r! A :i'� '' .. il�� .�'f �'.� ...- ?h. {u,..p,o��}, Pi -. .r .- r ._..r.,�.-...r-�Y.. ..,c•�,.._.:�'-S__.. f.f�..._:.- „- R �4 -. - ... r .�L VK.:i. No. R-5 $9,650,000 UNITED STATES OF AMERICA ...CC_ ,_P..,.L:. - ..- :�i_ C7:. - '-tl: '.i•�.rY'.k7.R*:w,,".!{.nl'�r::lrhw•• .�t%�A e.r,.,.,.al .�.-.. ..�.-:,•..,.. ,- -Y..-.�3:_... +: - -Yti-^"'•.31�r STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/111STORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2030 August 7, 2025 593237FW5 ....-:i...ti-r •r .-.ir •"'H ,*.s• . fs. -r..laArfi...s.q.: REGISTERED OWNER: Cede& Co. PRINCIPAL AMOUNT: Nine Million Six Hundred Fifty Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company,National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 4'IF a.. ,r r.r.�cti.k i� .. ..>.e.yy.� �•�' <.!_7.7�f yyr.r r_ qq ..r 1 ��r �- Ryf •ir , t- ��v-. q: y..r ,. r �;� �•pa .�.�.� >;i:l ;d, .r-�7..-. f 3;r�_,.,{a...�r�+ ..r• ..•..s ,... - :.� � .s:r-w�.� -r-...,s. ,.y.�? •ap.;: J-. _ � ,-{•+7'' �4, .%. .}'•.. _ :� - e. q,.'rvwi'��.��-.:.�1,,,�+ k4w�? ..nurf Sw� S Ax�••'. ��.% r.��. � •yam= +j• _- i:'t'�'+�. - r �Fi.tY,�P rs Cr_� r4�,.,}� �x .�...rW_�s.•_,l'� 1�'_..�. +��i ••a9�,y,,.,fie��-ii�'` .?lt-...1,.�,r,�b.�• . 1104840160\1\AMERICASxr. hy! r."; {r�Av r�• :.. w(s �..p �.Zi....�..R f G- .' zii- M�}'u :�. ; L .y f f'S rJ Z`r� \� K:;w �;/• 1..-. � � _ K' '•fie i � � i .�.� �w;�,y4�-•r��s�-v � ��• �d{ �. .� "�;n i-- ,y�• r w ,-•. •�' k,. i,r;,.a.'\k �-rcA r_. r-,�.a .i,•.�Y_* ..At f:.�.{ r�Tr Ai ti �^.T��.- � �� ?r �. �`� `;!.- nr%r i::�•?,w,N y�A yJ�r�rl•n.. P. .�.,y.,.,,,.,.�E`;. kk ��.:. � ..:�r-�-��,-� �iv > > r,•• .$11II. ~i .�.3 t.,a r.Yry ;K..s. tf �� V .y;�A 333 �� .+:µr-•g�.: wr`�."•a �-, �� '+F N.r. 'y�- �oe.•-:.. tii�.r , a{v .'�f+-crr� r+F•a.l- ..i .�!`.w....! a:►.: .a:•� :e•. 3-c. '., r, R+a:sy7,v .--e yry lj ..y' �h�v.]j{ q�.•e.. r7Jy! y■YS� '.Y y5 t H n'E� �+`a,�•�µ' .::Y�t'f,-h•. r .� vu 7RS�. ry 5 � . ((WFnrT +r'. i.wx r a.krxr Ai1.1. 4�F; .A iyy - C' a-L -i��:. .: r_'i'1:.� + 1 Y5 �'i�. SS•':�4�•..S IA,.a,,xi '7: 1•-,.�. :5_1•-n"• :r:Am :�er�. :ir•..Y -.,"._- ��-.:�, ��._.-. a3 -- -9@. No. R-6 $10,145,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2031 August 7, 2025 593237FX3 • �di :4c' _ �i "-7 .1 ...'l. 'A l,+..c+• to. 4 i'.A.«* In 1+�.�ir _L. ,1....9 �..r.. ..:i7..."�",, ...--.•4S ..— i � t_::•_ .r "" :i:.....,� REGISTERED OWNER: Cede& Co. PRINCIPAL AMOUNT: Ten Million One Hundred Forty-Five Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company,National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such + defaulted inyt{erest} to be fixed by the Paying Agent, notice whereof shall be rgiven not less than 10 ✓1 y�C k�•i�•ri� �rn�.T,•i �'Y^}I7T7L Y11�f y ■•• +L '7Y'.d•rp,,4 �+YN1r. .x.. `u°k �, 'Y'Y, W[ i;:P r..aKi+ {�¢.�•a r.nky R� •. � �•.wl }y.•r, i . R 7y.uhr,t � 47 '+�fYq• GkkML' _ .r�'{re r�`� '� � S' 1�A �. Y f.i. •�[}y 11{yky��f+..-r1.. �i ., rr!!997l] T•P W�S _ 1.- u,•if•. a..�"r-J ].,• .,,,, !p + S w ,L7 V'4wY'r..�k�'x•��' srlL'[.�a�.� pM*9�� Fw ,Kh1r �eT �Mr>- i K -4. R� [. .yy� i..r y •ram,. Y /�. '+w. 4y F. [�• k r 1 Fw.�. �'Mr•'r•r N:•,.z-a, k+"1F F DhSu �, - l- Yw�•i r4r+��+. + ��~ iy:�. �Mv. �t.ee� rf.[ L'r� x.h�. .•�,� :. a 6 R� r.,.i r. .' J}winti :,yr.sCp�(y'yr..re+ ]¢�+wr. t,*a r�.w. ,n•A. }Cf�F�■ o.^al. + rx�in. >.aa0"T .x q �`}[ A'! t sTCa ..•J 4*, r 71 s r ,Z -A:,k r � H•:'q ;fiz,, •/Kyi 1104840160\i%MERICAS wn i>:hi r�-.. ice• rerr n.err r+.._ .rv�� .c �� a• 'i,• �:"" �_.".. [�. -.- _ ;_.8pn! ■i . .Y !y r1• :7, � �.'kh r.1F ".�f:R Y._i}it-�.r. NPR.,, y7�•F.. •'§d. .{'■' 'yfyy�� p rd^i:.c g 65' "!!WY,{' J�.:.w* f•G::. "xlcrt� . a �,� i+�r'c J-71'1 ! '¢S}$r. wl• rC! 'rlk g�yy`7 h ,qa( •w7•ST1 <k-ilYILrRf•,: r•:+_ [ � ,�� r�' :'i� .-�f"+�1►„ A:r� �7s•��r �c �k.- � k:?.l.:r pi��•�'i•..ripY r�4 ��.y ,r�.• r�'�.. "�f� _� :Y�iiv ]) "�µ�.. �r._ rir ... 6 ��,p f �. 1... •`Y'`r rgryw. �.ft�l �� .F+-r �:- S�R.'r.. .ir`'r'� 4 .Y.P'- ,`'■ rr'--ilLxtw•�.. •nw: 1� - yg .1. `)y.�,�-. }� y � 1 1 ��.. (i i". 4Cµ- ■ .•y t{;E. T�"";_•iS:w�.��c�+'cr,3 i .. �7�"[+.s}fk�.l".�+.e'•in'�1..��1�� ........_fir—�_�� '�..�.�t�t�.. '�i .".Yi•.�:'�. ' c. No. R-7 $10,665,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER USTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2032 August 7, 2025 593237FYI REGISTERED OWNER: Cede& Co. PRINCIPAL AMOUNT: Ten Million Six Hundred Sixty-Five Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 J �e' i.�nti ..:f.!,w`' iri:rw 'n+rr ,y"t�i w.iq' ..`Mi.�`. iTn-.r :x,�i• k]^ };iRY'�` a.1 4 r Sx' il. , i - •a tr .i�.Re _�'Zr err ;� �.' �� i �i; i�+ahr�gry<<v+,T`��y.�Ml- �Sl� � r r'-"N af r4ww 9 JM .i+•*..•• vrcr �.+.v x..ti. i �,{ 'i' 1�.7 Rf' '� bf 5}k!.-. •.i.iwS�.aY.� - •Na:X M..�rH•q .1•v.'•. •-n3 NY`.�, ii y, i.•.ti...� .wQ. yy }c,.•:.-Y M �L 7 -i 'V 5 k .1 •i'.e E i• � '�_+ a.J' �. f Y•(t5 -.i�[� M W: lwi Ain.«9{ky:.n. cx.:-e.•{y, +y'N• ewer til'xr: .tier, m,..... c •'.f Y r s:1 r- y. 5' 1.• i f • .aSP.r'• w.. L �:r�;•r s- , �r ,w� �rlfLre i S�L�;..mild y F_�,�ia 1r.tWe��'�Pn+� w+sv �'�.wy�� w�s. wd•.'� .rtw+y�:ury Kr_-aniF ��k 5.�= �+v new �� 1 w:41 � rLL r' �![�• i r f J 6 s d "'�r` P �.m.{'•_ x'� �i�R� n.vn ao+� VfW�a • 1. . 1 xS R.w tia•..v-.Z y { h.r..F:Y��'[4.S:.- +! r r.i CC ij� e.. �.ti. }_.�'a p n � •r 1 .,ew �y af, s¢ �i-""i�SA�e•1-iw.'F .:xwS K 7+ pr� �� y �r�N..,.�.��sr� ;F, � .�a:��u ad �L..• ifr. t5��.na w�� M1�i .� •:,. x,l,:r eu...>' =�twar n •d ►+;kr'{ c.,e.,� .+ri•c.. '..,•+>'R ?•...m P yy.2. w.. yj sy y"'• . �r 1� i7lG +r•Y•: N•�� A'Jr •.-�� (i"''' �` �'sF W-'yy�ty��L w�. 1104840180\11AMERICAS i;:. � 'ja] � 2.yi,,..: w:.�'.�. .�,,,.: '�' k '�'"�' "• ••!!''�+. :j•.'y,. Y' �� Xli''�{r• •Y ."Y�4'� ��' r 11 T�.1 •.�'kr- 'i��i jj�' tyS � ��.«. V.I awl;+ S"ti•u An Y f rry�• ♦• :_ M' 4.4+F "i M1r•I ! n 1 ti I r}[-: 1- � .ie.nn nYu'i -+.r-s y 7yy.ra.wd� tx-,' ...�• 'id:i�n .1 ,Y �'!^.M wi.+ . tiro•••�-�•. •+.` l:..,�_•-Y ,rii.R. '�-c.nw'� �r k.'Ly, r �'k S - • 7 U1LY.W-. 1 � S•�a I �.�ar ITV} � 1n sC ••:.��i�"^. �r�'k51►-'Rai �`' . �•' y�. hF 1• ■ „A. ' .j¢rr �,' a.. i� y+ s-,....r....'..�•=G _,r:3 r..,-.'•.F } ia�tiv. =+ r.yii.r.' .F�:r.•x9. I•a'iw� ^+w� YfYM rn'w. lNK.%i' 'fi?'u� .y+-cN+ �rR;••ff r Y•., 4 •- v-`w•,1..•,t -•}.5,.•• J i Y4 +.uM rt• x.Yw:.n-a ....'i r,w- �r fJ.+.r•• M•.�:.° ri I ��".'�.��k".-��-"r..a C""w.S+n egg . �F � fif� »c #.::*r.. '1--i• No. R-8 $11,210,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2033 August 7, 2025 593237FZ8 a..�"�N+-V.::iw..a'-11..7.�rwr a�i k:r.:.w MV"�;M]T��C.�. -._...5w . �'CI� °7Rr,Ys;�.L^�l.�Y.�,S?%-i?�.r:'i!•r. fh'A�r�'..yF��a Yi.-. �1 .-:..'S..:�.ti r�.x R+ �a:;�T.-a,�t... REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: Eleven Million Two Hundred Ten Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent'),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Ilolder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent,notice whereof shall be given not less than 10 *i ;,1F11•. ; 7.rir q.1L %=+.w �. ffi.i- iyr.: :n,es` or `L w1;ti, y.rM�•1 i+.'�' ninyar' � R:.:sri K 9 c j a. ky�-'FY;!r7 -uw: �a•` a�d.+s (} y14 •'w[, V!{Sri:Bf�'gy �li��P 9 �-.F� �:''�y� � T •+ � : +p r y' ..7 4]b Y f � i A..�1�'1 =1 r �V 1l,A+C �4�!-q]elyrq+'� �L'� ..�'1r�4a-�.n 7 �}s•�1�p1.r' .d..� {*Fru-:. 1 4 �� a� %r- •�'��• '.� •.r r x 11��,~ � � g�,r. .41�,� n�i..}. ��r' .. Si.I!•rpe�. rt;}� z«.. ,n,L• {.i �l, '�.;�.'.�•A y.. 'L E .� {�i..�,�.5+>. <i. }},, wwr kt�'r.•" rAw��rr w: @f wreM.y! 1,`�1{'. +aw•.v.. ff+.� '1... r' �� -fqv,+�{;,I•�ng{�•'� ..n� �:,t. v��a•k�i�d�r G�:•i ��*�•i :!��f-• ar"S••�,1�3' �S�'a.' .5��-t` �{�r,� .7��I-'. 1104840180\1W a:MERICAS "�4 rh ;�u �: 1f �••y � y •p-� +4 -Y� 1 a g .ti'�"i+ y':TN; .1�•+ ! ak: Y:wr~ rK3i... • • ••+:i �+w:�•R�.�.r;�• •wv+ al. r ►' oclr-I r M.r•_ r..h�i' ,..... r7a,- Sri. w •+:uw• hLx►'� w,:: •,' q�•1" f� a �a r l.rS a, '4 �t t.< 'taT`. -^��.�Uran�>�r.- �'.. �'` ��, ��.'-.^.��r � •.��.. .`.�.Y.""•��F l!»J�k;.;.�::`�, u.:..•} pI k.,;iri$' Ei�:�.,;�•�.�':.aA'�,�� ti..,#x; .rt.-� Y.+e.1 q l�v: •.t f-' Y4 tl7't [' e 1n''. y•e:.- �: V.ri-� •ti LL�L•a. 4.i.� C• 4 •• �rw..t.} .F•.nrw :s +wf.xl: .$I- -3. ^.r.- I'no, �i.,�s.•�{a�a�r �hd1k'�7�rttie�4.dusv..SR r..-r ia_�p:1�.� .xi '.§ .----.Ff:.'_-- No. R-9 $11,780,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2034 August 7, 2025 593237GA2 REGISTERED OWNER: Cede& Co. PRINCIPAL AMOUNT: Eleven Million Seven Hundred Eighty Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company,National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 1104840160 1\AMERICAS No. R-10 $12,385,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2035 August 7, 2025 593237GBO REGISTERED OWNER: Cede& Co. PRINCIPAL AMOUNT: Twelve Million Three Hundred Eighty-Five Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 1104840160\11AMERICAS No. R-11 $13,025,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2036 August 7, 2025 593237GC8 REGISTERED OWNER: Cede& Co. PRINCIPAL AMOUNT: Thirteen Million Twenty-Five Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"), the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only systern by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the due such Holder. An payment y interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 i 1104840180\1 WMERICAS k� 1� -.�..•• ,�� ,K. iiyy �g .,;c% - r+..,,}}79�, r'1+, r-,7 k,..r3 .r(ci :Y'Kv: i•.:.�_,r l!,.. _, ►i.^? ':i;.,.....-y: -_'1�ary,.��Air.r+..•r I�.w .iw .y L�fT�'�k Cr'�,.-�5i'`'•. r•e• if.=i��.�-1:- ,,...5f a� a,f V_ _..i�" .. 6�_'.__�/.1: _ .. No. R-12 $13,690,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2037 August 7, 2025 593237GD6 REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: Thirteen Million Six Hundred Ninety Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company,National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of �F such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall I forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 1104840160\1\AMERICAS if." p�•- �;y :,,ic;, .'i.,. ._, ... -� - ,-�[ .`a~ ur�+P_X!'c-t'r-�.3.,i.s:Jy:.0:15:c+..-,•.1-i ...-;�:,nf�La..r.]. �....r. ,��t-�v1 �a'. :.�3; .�' .'�_ No. R-13 $14,390,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTERAIISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2038 August 7, 2025 593237GE4 REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: Fourteen Million Three Hundred Ninety Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 110484016011\AMERICAS No. R-14 $15,130,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2039 August 7, 2025 593237GFI REGISTERED OWNER: Cede& Co. PRINCIPAL AMOUNT: Fifteen Million One Hundred Thirty Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such f defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 ,;{ax^tarr�u•�-•,�•:��•ris.;i;�J:..,..>a�9lx•�:�?�-+ui.pa«.K'ag�w.ts7,�,.aaYa;.e:�sss.a��.�,,;:d,��.�.�wry�,.;.aea.��r3.,::.:sa.w ea._�:�ia_`=-�;ee n. is;�"}x._:� 1104840160\11AM E RICAS Lit l ./ �J•N A flq •/ - MR.}p M 7.!(Wl1. i.Y41 1 L .�ub �H. ?� 'rj.1 a- i 'aM1'4 CyV r Sa�•Wr pca. LL 4. } T.Y� }$y Jfil .. tix 'r• rr b?� k"'.�� '�`,dl:Tye 4}! •xw. �Lc•.tv�i?�Ltr*A• W.r7.'fx(y{Q ri -, Mc^Jk {H, F• yam' Y,,at- 1 'ice �, yt�.� Tr.$ y1'ra }}r+ i[t 7ui s p R: f s.:sc CC I4y i!I {y7 =,�r y�il� A$.w' P:i. ..7.�r ::t�; l _I3�" _ Y.._. G1._5�..:I'. :.. X> €0i4r,li lr n. Ji p" i}tl c»i�Y rs t' .r,: -• L . -- - - .- - - . • V, fA T A No. R-15 $15,905,000 UNITED STATES OF AMERICA _V 7 STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2040 August 7, 2025 593237GG9 REGISTERED OWNER: Cede& Co. A PRINCIPAL AMOUNT: Fifteen Million Nine Hundred Five Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent ti (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on I. February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10, "PEilIMl w4ER- I t4t! jj'M;-'1'e4r4(r160 MIMERICAS y R=T�' 10 117=Ir f .411 An 2Z_4 No. R-16 $16,720,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER iISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Orijzinal Issuance CUSIP 5.000% February 1, 2041 August 7, 2025 593237GH7 REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: Sixteen Million Seven Hundred Twenty Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 11 048401 W 1\AMERICAS No. R-17 $17,580,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1,2042 August 7, 2025 593237GJ3 REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: Seventeen Million Five Hundred Eighty Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 1104840160\1\AMERICAS No. R-18 $18,485,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTER/HISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2043 August 7, 2025 593237GKO REGISTERED OWNER: Gede&Co. PRINCIPAL AMOUNT: Eighteen Million Four Hundred Eighty-Five Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the ":agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company,National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Holder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 1104840160\11AMERICAS s!�i }..r�;_�• �rL+ra li rfbii r z ti ,ane:Y +.-.ri w.w L i.aap.t iau .. r......!',.�i• s.r.y, -'R.3, .,ya.!1.�er.�i.�.nfz 13 z-..•�S}.vow;f .....:t ' k3 ..,`iw.:.,_ z..._. 3:__ �f _tt 1V: h '-fin i2MZa•Z I. No. R-19 $19,425,000 UNITED STATES OF AMERICA STATE OF FLORIDA MIAMI BEACH REDEVELOPMENT AGENCY TAX INCREMENT REVENUE REFUNDING BOND, SERIES 2025 (CITY CENTERIHISTORIC CONVENTION VILLAGE) Interest Maturity Date of Rate Date Original Issuance CUSIP 5.000% February 1, 2044 August 7, 2025 593237GL8 REGISTERED OWNER: Cede & Co. PRINCIPAL AMOUNT: Nineteen Million Four Hundred Twenty-Five Thousand Dollars KNOW ALL MEN BY THESE PRESENTS that the Miami Beach Redevelopment Agency (the "Agency"), for value received, hereby promises to pay to the registered owner specified above, or registered assigns, on the date specified above, but solely from the sources hereinafter mentioned, upon presentation and surrender hereof at the designated corporate trust office of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as paying agent (said bank and/or any bank or trust company to become successor paying agent being herein called the"Paying Agent"),the principal sum specified above with interest thereon at the rate per annum specified above, payable on the first day of February and August of each year, commencing on February 1, 2026. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner as its name and address shall appear on the registration books of U.S. Bank Trust Company, National Association, Jacksonville, Florida, as Registrar (said bank and any successor Registrar being herein called the "Registrar") at the close of business on the fifteenth day of the calendar month preceding each interest payment date (the "Regular Record Date"); provided, however, that (i) if ownership of this Bond is maintained in a book-entry only system by a securities depository, such payment may be made by automatic funds transfer (wire) to such securities depository or its nominee or (ii) if this Bond is not maintained in a book-entry only system by a securities depository, upon written request of the Ilolder of$1,000,000 or more in principal amount of Bonds, such payments may be made by wire transfer to the bank and bank account specified in writing by such Holder(such bank being a bank within the continental United States), if such Holder has advanced to the Paying Agent the amount necessary to pay the cost of such wire transfer or authorized the Paying Agent to deduct the cost of such wire transfer from the payment due such Holder. Any interest not punctually paid on an interest payment date shall forthwith cease to be payable to the registered owner on the Regular Record Date and may be paid to the registered owner as of the close of business on a special record date for the payment of such defaulted interest to be fixed by the Paying Agent, notice whereof shall be given not less than 10 days prior to such special record date to the registered owners. Such interest shall be payable from }F.r 5 •�s4�+ *1. la+x.so ^v.wtfi, e�A�.7� -_ }.r:i rrr. r'rlr' r ..r.e 'a, rr.. ,� .,tea , - d...r-�i i•,�iW..'►•'N' :.•a �•�n4e; ..,y.r •.y.;. I�` : .�n. ';;�r„t. .{'.,j �•..r.{a .<Y S�"' rr r {{* 7� }} yy 3` �/l yy _ y �,r-n`�, F r� wT•!Ii. '+1 f. ; r¢v4etiTi c'�; LP1�'�ixF a;' r^ ,C �' �V• � F t-' +ISY • S! .: p kl -diA .7 ssw ~U h g +r.- 'I�I'.•n:� •i!an+r [ate- !.. F..•s� ♦ :1�,•= FIT .'. f r: •.•'�.: o e s. y r.. r S.• sLW:v ..,•w.•;'r as ad a.c...-r Y, i 3'' , a� • iR •w� L T�.x-.-� Z . ` ... s. '� x •.7t '.' ".�+7. +ti-#�..aYti•k � j�r1J._ -+;e4 mid• Ym+.: r � Rv,. rN w ..a,•, ti.5' . � .yt.:. �.s:•.'. �ioasao�so��wM�IC'AS �: }� � � .. � - a,x«.}`' ,ww�r.�,.s•+ nriw +;�,.;� 'a•K.,.,, �' s a x v f'; r'4..r: .•q�F . .S:€.e'r':.f 5;••.. .i.}-4. n 4 s''• a- 0 ir,ak_ .•ucrr rreti '.,'c`� ',�°„"" � rah .>Y:.e.� ;q•w � T*'f+.��,, .•� p nYwe p� �"i»...s �� e.dr..l t�:R"v � �a:..c+ crrx- � �.•.r.. .. ��•i----'�� rtrn7n' c+arnr Ln,.+rt„ . . . � `�� - - _'„� _ a 7s 7E Y3�}: f -�.r,k'_.:��_�3�.i+ ��:. «f.�� r�ra�..�.7.c i •,t: �� ._ta� k�•__.-- - ,i�l�c...��.�':`-=�rc� .._...� ... the most recent interest payment date next preceding the date of authentication to which interest has been paid, unless the date of authentication is a February 1 or August 1 to which interest has been paid, in which case from the date of authentication, or unless the date of authentication is prior to February 1, 2026 in which case from August 7, 2025, or unless the date of authentication is between a Regular Record Date and the next succeeding interest payment date, in which case from such interest payment date. Interest on this Bond shall be computed on the basis of a 360- day year of twelve 30-day months. All such payments shall be made in such coin or currency of the United States of America that is legal tender at the time of such payments. This Bond is one of an authorized issue of Bonds of the Agency designated as its "Tax Increment Revenue Refunding Bonds, Series 2025 (City Center/Historic Convention Village)" (herein called the"Series 2025 Bonds"), in the aggregate principal amount of Two Hundred Forty Million Nine Hundred Ten Thousand Dollars($240,910,000)of like date, tenor, and effect,except as to number, date of maturity and interest rate, issued for the purpose of refunding all of the Outstanding Series 2015A Bonds, except for$5,000 in principal amount of the mandatory sinking fund payment due February 1,2044 on the Series 2015A Bonds maturing on February 1,2044(the "Refunded Series 2015A Bonds"), and paying the costs of issuance of the Series 2025 Bonds and refunding the Refunded Series 2015A Bonds,all under the authority of and in full compliance with the Constitution and Statutes of the State of Florida, including particularly Chapter 163, Part III, Florida Statutes, as amended from time to time, and other applicable provisions of law, and Resolution No. 619-2015 duly adopted by the Chairperson and Members of the Agency (collectively, the"Commission")on October 14,2015 (the"Original Resolution")and Resolution No. 708-2025 adopted by the Commission on May 21, 2025 (the "Series 2025 Resolution" and, together with the Original Resolution, the "Bond Resolution") and is subject to all the terms and conditions of the Bond Resolution. Capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Bond Resolution. This Bond is payable solely from and secured by a first lien on and pledge of the Trust Fund Revenues collected by the Agency pursuant to Section 163.387, Florida Statutes, as amended,and all moneys held in certain funds and accounts established under the Bond Resolution (collectively, the "Pledged Funds"), all in the manner provided in the Bond Resolution. Neither the Agency, the City, Miami-Dade County, Florida (the "County"), the State of Florida (the "State") nor any of its political subdivisions is obligated to pay this Bond or the interest hereon except from the Pledged Funds pledged thereto and neither the faith and credit nor the taxing power of the City, the County, the State or any of its political subdivisions is pledged to the payment of the principal of, or the interest on, this Bond. This Bond does not constitute an indebtedness of j the Agency,the City,the County,the State or any political subdivision thereof within the meaning of any constitutional, statutory or other provision or limitation and it is expressly agreed by the Holder of this Bond that such Holder shall never have the right to require or compel the exercise of the ad valorem taxing power of the City, the County, the State or any political subdivision thereof or taxation in any form on any real or personal property therein, for the payment of the principal of and interest on this Bond and other payments provided for in the Bond Resolution. It is further agreed between the Agency and the Holder of this Bond that this Bond and the obligation evidenced thereby shall not constitute a lien upon property owned by or situated within the corporate territory of the Agency or the City, but shall constitute a lien only on the Pledged Funds, all in the manner provided in the Bond Resolution. 2 1104840160\1\AMERICAS - _ �,_•_ .. �v' n -��.. nnt�,' ...h.�' ryy .`r' n "". p. ,. +.+n-yti• ...+L.�i'-�u.,r g -M r..a�Ss } 7-�}i 4r'..�r-'�. yq � .� 3l. R [k '� WN1 ? 1wfM ��La+Y �aT. �•.n1". f ,.bNN S ty•- " '. y �y -7- ,c' ,..r{ r•.i.,, - ,r,•y, yy .i .,r;,rgg cw., '.ti.ra,..; Ll Y 11¢ 'y[t i .'3 yt �'i �71•[• ,{�. n $ M. } •7 )+fr r. tY Rf is + � aal:wn iR w y.,( `ar .w'�+r•- �f ,� � � or ++iiyY 1:x.w• i. � .-�. ..ram r.v-�}y.. ,•. � �!•�d•1:. �f&_. ...-.. 3' '�..a Ski -'I-Jlit�._�•sy:4'tI.+yr.a�4f'��.�5 :l&�-._.i� .� �,e_....��..-. _!� ,€- �. .-�x�3."�_. Y.ralar_a..a.•.•,..:..:-.�e�. - Under the provisions of Section 163.387, Florida Statutes, as amended, the City and the County have established the City Center/Historic Convention Village Redevelopment and Revitalization Trust Fund into which the County and the City have agreed to deposit on an annual basis their respective portions of the Trust Fund Revenues for so long as the Bonds are outstanding. The Agency in the Bond Resolution has established the Miami Beach Redevelopment Agency j, Sinking Fund (City Center/Historic Convention Village) and certain accounts therein and covenanted to deposit into said Sinking Fund and accounts therein solely from the Pledged Funds moneys to provide for the timely payment of principal of and interest on the Bonds and to create i a reserve therefor, all to the extent and in the manner provided in the Bond Resolution. Reference is hereby made to the Bond Resolution for the specific provisions governing the Bonds. I The Series 2025 Bonds maturing on or before February 1, 2035 are not subject to redemption prior to maturity. The Series 2025 Bonds maturing on and after February 1, 2036 are �. subject to redemption prior to maturity, at the option of the Agency, on or after February 1, 2035 in whole or in part at any time, in any order of maturity selected by the Agency and by lot or by such other manner as the Registrar shall deem appropriate within a maturity,at a redemption price G equal to one hundred percent (100%) of the principal amount of the Series 2025 Bonds to be i+ redeemed, together with accrued interest to the date fixed for redemption. Notice of redemption for Series 2025 Bonds being redeemed shall be given by deposit in the U.S. mails of a copy of a redemption notice, postage prepaid, at least thirty (30) and not more than sixty (60) days before the redemption date to all registered owners of the Series 2025 Bonds or portions of the Series 2025 Bonds to be redeemed at their addresses as they appear on the registration books to be maintained in accordance with the provisions hereof. Failure to mail any such notice to a registered owner of a Series 2025 Bond, or any defect therein, shall not affect the validity of the proceedings for redemption of any Series 2025 Bond or portion thereof with respect to which no failure or defect occurred. Any notice mailed as provided in the Bond Resolution shall be conclusively presumed to have been duly given, whether or not the owner of such Series 2025 Bond receives such notice. The redemption notice may state that(a) it is conditioned upon the deposit of moneys with the Paying Agent or with a bank,trust company or other appropriate fiduciary institution acting as escrow agent (the "escrow agent"), in amounts necessary to effect the redemption, no later than the redemption date, or (b) the Agency retains the right to rescind such notice on or prior to the scheduled redemption date (in either case, a "Conditional Redemption"), and such notice and optional redemption shall be of no effect if such moneys are not so deposited or if the notice is rescinded as described in the Bond Resolution. Any Conditional Redemption may be rescinded at any time prior to the redemption date if the Agency delivers a written direction to the Registrar directing the Registrar to rescind the redemption notice. The Registrar shall give prompt notice of such rescission to the affected holders of Series 2025 Bonds. Any Series 2025 Bonds subject to Conditional Redemption where redemption has been rescinded shall remain Outstanding, and neither the rescission nor the failure by the Agency to make such moneys available shall constitute a default under the Bond Resolution. Notice having been given in the manner and under the conditions described in the Bond Resolution,and with respect to a Conditional Redemption,the Conditional Redemption not having been rescinded, the Series 2025 Bonds or portions of Series 2025 Bonds so called for redemption i 3 1104840160\1\AMERICAS 10. •_�fr'!;[!f �!,YMi y .r..r•q ►ice ,{,{+v:i )q+ }: n i r :�e. qy .i r��}, :t:-•. j w a k• s:7rw= -Sf.v.ry •y. �'i' K� t AF � p .19Lt- fi � -51" P �'� .11 '! +�.k� WO .sir.'z ,+ur M. « '.i�1':�iW7CpCir .ivT t�.. � s.. at�"'_ a 'F^x'Y d+caN•. :: shall, on the redemption date designated in such notice, become and be due and payable at the redemption price provided for redemption for such Series 2025 Bonds or portions of Series 2025 Bonds on such date. On the date so designated for redemption, moneys for payment of the redemption price being held in separate accounts by the Paying Agent in trust for the registered owners of the Series 2025 Bonds or portions thereof to be redeemed, all as provided in the Bond Resolution, interest on the Series 2025 Bonds or portions of Series 2025 Bonds so called for redemption shall cease to accrue, such Series 2025 Bonds and portions of Series 2025 Bonds shall cease to be entitled to any lien,benefit or security under the Bond Resolution and shall be deemed paid hereunder, and the registered owners of such Series 2025 Bonds or portions of Series 2025 Bonds shall have no right in respect thereof except to receive payment of the redemption price thereof and to receive Series 2025 Bonds for any unredeemed portions of the Series 2025 Bonds. Additional parity bonds may be issued by the Agency from time to time upon the conditions and within the limitations and in the manner provided in the Bond Resolution. The original registered owner, and each successive registered owner of this Bond shall be conclusively deemed to have agreed and consented to the following terms and conditions: 1. The Registrar shall keep books for the registration of Bonds and for the registration of transfers of Bonds as provided in the Bond Resolution. The Bonds shall be transferable by the registered owner thereof in person or by his attorney duly authorized in writing only upon the books of the Agency kept by the Registrar and only upon surrender hereof together with a written instrument of transfer satisfactory to the Registrar duly executed by the registered owner or his duly authorized attorney. Upon the transfer of any such Bond, the Agency shall issue in the name of the transferee a new Bond or Bonds. 2. The Agency, the Paying Agent and the Registrar may deem and treat the person in whose name any Bond shall be registered upon the books kept by the Registrar as the absolute owner of such Bond, whether such Bond shall be overdue or not, for the purpose of receiving payment of,or on account of,the principal of and interest on such Bond as the same becomes due, and for all other purposes. All such payments so made to any such registered owner or upon his order shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid, and neither the Agency, the Paying Agent nor the Registrar shall be affected by any notice to the contrary. f 3. At the option of the registered owner thereof and upon surrender hereof at the designated corporate trust office of the Registrar with a written instrument of transfer satisfactory to the Registrar duly executed by the registered owner or his duly authorized attorney and upon payment by such registered owner of any charges which the Registrar or the Agency may make as provided in the Bond Resolution, the Bonds may be exchanged for Bonds of the same series and maturity of any other authorized denominations. 4. In all cases in which the privilege of exchanging Bonds or transferring Bonds is exercised, the Agency shall execute and the Registrar shall authenticate and deliver Bonds in accordance with the provisions of the Bond Resolution. There shall be no charge for any such exchange or transfer of Bonds, but the Agency or the Registrar may require payment of a sum sufficient to pay any tax, fee or other governmental charge required to be paid with respect to such 4 � U .IT 110484016011WMERICAS n „"� s .e. �• ' n»; ,•a P:r a-: - •"i�.#�_•r� ' � ��•-'N�.�n �' r:.f;i,�w�.e i,: �'.�r.:�.[['' "''.•+`��; �� Y YF �-f rr 1 i- eSxd. .� � .�r�"�3 L��•4. y vd�f' _ s.�t •T' i TrR �' S•'[ Ye.M ,e'"'�` �* .. b q' ►W d } _ ��"�'; wr..^r vn+.•. nn •s - y�j.~w'�. ' � �..«L j. _.�'�N.. ��ii r. k d 7 �'i��►►'G�Q t'�i d � r _:u �. exchange or transfer. Neither the Agency nor the Registrar shall be required (a) to transfer or exchange Bonds for a period of 15 days next preceding an interest payment date on such Bonds or next preceding any selection of Bonds to be redeemed or thereafter until after the mailing of any notice of redemption; or(b)to transfer or exchange any Bonds of any Series called for redemption. It is hereby certified and recited that all acts, conditions and things required to exist, to happen, and to be performed, precedent to and in the issuance of this Bond exist, have happened and have been performed in regular and due form and time as required by the laws and Constitution of the State of Florida applicable thereto, and that the issuance of this Bond, and of the issue of Bonds of which this Bond is one, is in full compliance with all constitutional, statutory or charter limitations or provisions. IN WITNESS WHEREOF,the Miami Beach Redevelopment Agency has caused this Bond to be manually signed by its Chairperson and the seal of the Miami Beach Redevelopment Agency to be affixed hereto and manually attested by its Secretary. MIA7B:EACHEVELOPMENT AGENCY (SEAT.) By: Chairperson Attest: —9— Secretary F k rr. s.s-�-n:x:`�R,�,.�..,..r•.�•#•r'lryy��l.9.r.Fu. •aiaw,..�e' - .-�- - i�+-A,. _.:F S.�_ .,„�.«� .-,.... .rs� .w,�.r1r,:-_•.,�.-.ertti. -..... [..a,,.;.-j .1 •+. 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R •-a 8.r��. ..�-f �.; c.h.•r. .,.:.�ry.•- r.j fff �•. �9999 k� ri. rxls a�'l:-' �' s. •+v-i� i• i.:.•.� :i �'n•• +n ri s�.i.� �`}+, +q.:+'r'�a�F ��7`� I�.��s•}��e,.:..`r� w� .�.,��..n..� j�r,.,-# � .qa�,^,�� !! A r:=... :f:"r�,.. :F :I, "•f:>ti: a��r• .F,�:'.f.E 3. ..j�n�I},�x. - ryry y -4n.a 'm^" pc..ce' i•a..=: uc { r'-r..�.. �r 3 �2 � .. f,` r.;•. n NF "'N -r;s r„ 4 +ara..�•. a,•a�.Yb-•:.a..nr �s,ry� �." '... � f �.{r1 1'>? 1Y. .�r.�ihy..� '.I >I: vy .., }} r �, x ! ,'! �'al �r.,n.,� ~rZ�.y :,F�r,`..�ya�•R+`•5rA ^Y' •Aa<. t I'd F: 1.v 1•'rt h•f . � ..t i 1104840160MAMERICAS y ; >� . '� �{} � •, "''" ;u jam ii�' .f �� }�r'+MT 5�q��*[•Y.. 6�rrF.v+�w:3 Y►qar i n•r"r,�z.yp-.�auFr y.-�,� it '•wti y <i.,i� Rat�.`{�,',tL-ji•.iwnc .LSKr:� :.:. p{{'r;»!k�i__ i.' .-{'� L• �•s iq eTN�.r%a ef •l. f.(•�•f.1{1'�1r/-C1 ��+.:�R�7-I.K'/ayr}'{"t. 1'�e oI �Y'1' r 'S1�' A1J�—•1 '� 1'<:y•: l i'r•• �7} Sv r!.7 '.i�.e!' 'ye.•eR..,'ti .f 1�i....Y..�r ,�r�.r G r rp`ir.. Tvans- g-.ryc+3 :•:,v." .'wgt. ,>-• .-��•hwii v"f� rf.•,yn -r�•R•r rv�-��.1 ,....prr 5"•.,.e 'r�_. .f..��, �µ �{. 1•tl�.-{~. 6 i.k��r�E 1 �1'E:i:�r.e us!�ltsa,��c• .3�i:.:�� ..�•}J}r.'h{��-.iLY._�Y1.•>as.ars-�c��ti..?.ee-r5. ..e�:.�iv:t�': �.r�. _txe.�l�..a.-�ir'•�._-`-`-_"�'-'��1!4��` CERTIFICATE OF AUTHENTICATION This Bond is one of the Series 2025 Bonds delivered pursuant to the within mentioned Bond Resolution. U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Registrar By: Authorized Signatory Date of Authentication: August 7, 2025 6 STATEMENT OF INSURANCE Assured Guaranty Inc. ("AG"), New York, New York, has delivered its municipal bond insurance policy (the "Policy") with respect to the scheduled payments due of principal of and interest on the Series 2025 Bonds, to U.S. Bank Trust Company, National Association, or its successor, as paying agent for the Series 2025 Bonds (the"Paying Agent"). Said Policy is on file and available for inspection at the principal office of the Paying Agent and a copy thereof may be obtained from AG or the Paying Agent. All payments required to be made under the Policy shall be made in accordance with the provisions thereof. The owner of this Series 2025 Bond `` acknowledges and consents to the subrogation rights of AG as more fully set forth in the Policy. is I' { Y _ �'� ,'Y 1•..v r ""Y �I/,; ee,�_ pp i�%CM,•bi I,yi4 b�: `ti+ t l t _ "'� '....:- tMa^•h .j•ra,-T. ,Aa:. CH1•• t•kwi. Y+iI•r 13.1 i++ p ty `{5'rati•c�1j1�to .,. pa=yr 11��jj ' � ,ry5+;. 7• �'F i!>q•.�,. F;..r:il •..V.r•�' uc:s►��'r�� 9 �,j;�-a<s.e. �' �Y. . �F• -f�::fi� :.A�r. 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TEN COM — as tenants in common TEN ENT — as tenants by the entireties JT TEN — as joint tenants with the right of survivorship and not as tenants in common UNIFORM GIFT MIN ACT — Custodian for (Cust) (Minor) under Uniform Gifts to Minors Act (State) Additional abbreviations may also be used though not in the above list. � _ -,..y.4-��.�`ti�y.;-. .-� ^n---r•-;•-,,�w n y we :.� y[ r.- n,+,ti.�1. y,;: L`r^�.,. -w. i.�r� I�'�.':. .+..it„• �" w•� :.�iti v.:w. �s r�].r' [ i '�'ry ':��•x':•-1,3��.. �+�r i�:�r..i.1�. r � �ov¢� rw-o.a ..,.�.� .dale:�j�rs• �i•.• �i w.�r- �jrn - ...?xr +n r..` s+F••": ^.idK. ss..r..:R .• .' �A .a .� •.lire s5•,i .,,q i �� .ri,.'�•.� F S �l ti C� Z°� xx r.--a ry(( ��• r.�.x. .�� ,� r..... '.,�,,. h,aw r+.�i:•� +itw e� -�. .F p a.en..�+ :�v �,•:.•. ti"_•., . ?'� .��:Ss•r:ie.nP}�ry}r� +1 ��.F''y �.[l�:f�, :d9ti'�;� - :id. �!�� Y � 1��.$. ;drF_. �v��_y`wt:••.{�Y.4r[�, ��:yw..rk_a�rf� ,>�3 sYs }4brr�T..y. rj.Y'•c ql' 1. Y 4' 4�.�f.[1 AM/i.wi•.• aeLtjl[ #1WV! 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