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NOTICE OF FULL REDEMPTION TO THE HOLDERS OF CHARTER COUNTY OF WAYNE, MICHIGAN GENERAL OBLIGATION LIMITED TAX WATER SUPPLY AND SEWAGE DISPOSAL SYSTEM IMPROVEMENT BOND, SERIES 2008

NOTICE IS HEREBY GIVEN that, there have been called for full redemption on July 15, 2026 all outstanding Bonds of the above captioned bonds, totaling $8,025,000.00 in principal amount, plus premium, if any, as listed below:

Since the Bond is held under the book entry system, payment will be made directly to the registered holder.

IMPORTANT TAX NOTICE

Withholding of 24% of gross redemption proceeds of any payment made within the United States may be required by U.S. federal tax law, unless the Paying Agent has the correct taxpayer identification number (social security or employer identification number) or exemption certificate of the payee.

CHARTER COUNTY OF WAYNE, MICHIGAN
By: The Bank of New York Mellon Trust Company, N.A.
as Trustee Agent
Bondholder Communications: 800-254-2826

*Note: The Issuer and Trustee/Agent shall not be responsible for the selection or use of the CUSIP numbers selected, nor is any representation made as to their correctness indicated in the notice or as printed on any Bond. They are included solely for the convenience of the holders.

Dated: June 15, 2026

Notice #:20260715177116

Newly approved Wayne County budget shows stability, sets key priorities

       Wayne County Commissioners today unanimously approved a 2025-26 county operating budget that sets key priorities in public health, public safety, housing support and road repair and maintenance despite bracing for potential cuts in revenue from the federal government.

          Bolstered by rising property tax assessments, the $847 million general fund budget shows a $47 million increase from the previous year’s budget.

The new budget goes into effect Oct. 1.

          “Wayne County residents will again have their key needs met and we have been fortunate enough to add several new initiatives to improve the lives of our residents,” commission Chair Alisha Bell (D-Detroit) said. “This shows what can be accomplished when all branches of county government work together. It’s a statement of values in our community with our residents in mind.”

          Commissioner Jonathan C. Kinloch (D-Detroit), chair of the commission’s Ways & Means Committee, which held budget hearings throughout the month, also praised the cooperative spirit behind this year’s budget.

          “County Executive (Warren C.) Evans, all other elected officials and all department heads were realistic in their budget proposals and mindful of the uncertainty now surrounding federal funding.”

          Guarding against potential shortfalls, the budget includes a $30.9 million surplus.

          Among budget highlights:

• Public health spending includes $2 million for at risk children to receive eye care and glasses while another $500,000 is earmarked for a mobile food truck program to bring healthy food items to underserved areas.
• Public safety spending includes $1.6 million for the Violent Crimes Joint Task Force, including the sheriff’s department and other regional and local agencies.
• The budget includes $12 million for the county’s HOME program to assist first-time home buyers with down payments and closing costs.

In addition, some 300 miles of county roads will be repaired in the coming year through the public services budget. Also, the budget calls for $3 million to be allocated for signal preemption technology placed within police and fire department vehicles and at designated intersections to coordinate with stoplights across 13 communites.

Wayne County Commissioners today issued $19.8 million in funding to help finance 13 economic development projects in Detroit and four suburban communities. Eight of the projects are based in Detroit and one each in Brownstown Township, Grosse Pointe Woods, Hamtramck and Westland. Another is regional.

The county’s share augments some $170 million in community projects ranging from creating new residences and preservation of historic structures to development of walkways, greenways and recreation areas.

Other support will come from the state, local foundations and private individuals. The projects are separate from the American Recovery Act projects previously approved for funding by the commission and not subject to federal deadlines.

“These projects fall into four categories: education, workforce development, affordable housing and parks and recreation,” Commission Chair Alisha Bell (D-Detroit) said.

County contribution to Detroit projects include:

• Ossian H. Sweet Foundation - $226,952 for redevelopment of the historic Ossian H. Sweet home, site of a pivotal event in Civil Rights history.
• Paradise Valley Cultural & Entertainment District Conservancy - $2 million to redevelop Beatrice Park, Gratiot Plaza and other district projects.
• University Commonwealth of Detroit - $500,000 to help create a small business sustainability initiative.
• Grandmont Rosedale Development Corp. - $2.5 million to help create Minock Park Place, an affordable senior housing complex with retail space.
• Detroit Horse Power - $1.4 million to develop an urban equestrian educational center.
• Give Merit, Inc. - $2 million to develop sports, recreational and educational infrastructure.
• National Faith Homebuyers - $500,000 for Phase III of its Detroit Down Payment Assistance Program.

Suburban projects include:

• Brownstown Township - $2 million for the township’s Community Center Redevelopment Project.
• Friends of the Rouge - $4.59 million to help develop the Rouge Gateway Greenway, the second phase of a 20-year walkway project linking Detroit and suburban communities.
• Grosse Pointe Woods - $380,000 for safety improvements to the Mack Avenue and Vernier Road intersection.
• Westland - $2.5 million to create the Nankin Square community center adjacent to city hall in the City Centre District.
• Hamtramck Parks Conservancy - $251,766 to install new restrooms and other improvements to Keyworth Stadium, the city’s historic Negro Leagues ballpark.

Other projects include $1 million to Eccalon, LLC of Hanover, Md. for cyber security workforce development.