NOTICE IS HEREBY GIVEN that the Board of Directors of the Capital Area
Regional Tolling Authority (the “Authority”) intends to adopt a Conflict of Interest Code
(the “Code”) pursuant to Government Code Section 87300.

A conflict of interest code designates those employees, members, officers
and consultants who make or participate in the making of governmental decisions which
may affect their financial interests, who must disclose those interests in financial
disclosure statements, and who must disqualify themselves from making or participating
in the making of governmental decisions affecting those interests.

The proposed Code will be considered for adoption by the Board of
Directors on May 16, 2024, at 12:00 p.m. at SACOG Offices, 1415 l Street, Suite 300,
Sacramento, California. Any interested person may be present and comment at the public
meeting or may submit written comments concerning the proposed Code. No public
hearing on this matter will be held unless an interested person or his or her representative
requests a public hearing no later than May 1, 2024, 15 days prior to the close of the
written comment period. Any comments or inquiries should be directed to the attention of
Lanette Espinoza, Clerk of the Board, at lespinoza@sacog.org. Written comments must
be submitted no later than May 16, 2024, at 12:00 p.m.

The Authority has prepared a written explanation of the reasons for the
proposed adoption and has available the information on which the proposed Code is
based. Copies of the proposed Code, the written explanation, and the information on
which the proposed Code is based may be reviewed at, and copies obtained from, the
office of the Filing Officer noted below.