PROPOSED NEW ISSUE UNDERLYING RATING: Standard & Poors: "AA-" $21,645,000* District 41 Lake Villa Relationship. Trust. Honesty. Respect Community Consolidated School District Number 41 Lake County, Illinois (Lake Villa) General Obligation School Bonds, Series 2020 Anticipated date of offering on or about Tuesday, September 29, 2020 The offering of Bonds will be made only by the Official Statement, which describes the security for such issue and which may be obtained in any state in which the undersigned may lawfully offer such issue. For more information on the district and the bond offering, please contact the advisor listed below for a Preliminary Official Statement. RAYMOND JAMES Jef Fitch, Financial Advisor // 844.542.1828 This is neither an offer to sell nor a solicitation to buy any security. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review, revisions, suspension, reduction or withdrawal at any time by the assigning rating agency. A decision to purchase the Bonds is an investment decision that should only be made after a complete review and understanding of the terms of the Bonds, including investment risks. No decision should be made prior to receipt and review of the Preliminary Official Statement and applicable pricing information. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. 425 N. Martingale Road, Suite 760, Schaumburg, IL 60173 "Preliminary, subject to change PROPOSED NEW ISSUE UNDERLYING RATING: Standard & Poors: "AA-" $21,645,000* District 41 Lake Villa Relationship. Trust. Honesty. Respect Community Consolidated School District Number 41 Lake County, Illinois (Lake Villa) General Obligation School Bonds, Series 2020 Anticipated date of offering on or about Tuesday, September 29, 2020 The offering of Bonds will be made only by the Official Statement, which describes the security for such issue and which may be obtained in any state in which the undersigned may lawfully offer such issue. For more information on the district and the bond offering, please contact the advisor listed below for a Preliminary Official Statement. RAYMOND JAMES Jef Fitch, Financial Advisor // 844.542.1828 This is neither an offer to sell nor a solicitation to buy any security. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review, revisions, suspension, reduction or withdrawal at any time by the assigning rating agency. A decision to purchase the Bonds is an investment decision that should only be made after a complete review and understanding of the terms of the Bonds, including investment risks. No decision should be made prior to receipt and review of the Preliminary Official Statement and applicable pricing information. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. 425 N. Martingale Road, Suite 760, Schaumburg, IL 60173 "Preliminary, subject to change