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PRELIMINARY OFFICIAL STATEMENT DATED SEPTEMBER 18, 2019 Ratings: Bonds: Moody’s: “Aaa” Standard & Poor’s: “AAA” Fitch: “AAA” New Issues (Four); Refunding Issues (Two) — Book-Entry Only (See “RATINGS” herein) In the opinion of Bricker & Eckler LLP, Bond Counsel, under existing law, assuming continuing compliance with certain covenants and the accuracy of certain representations, (i) interest on the Series 2019A Bonds and Series 2019B Bonds (together, the “Tax-Exempt Bonds”) is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of the alternative minimum tax, (ii) interest on the Series 2019C Bonds, Series 2019D Bonds, Series 2019-1 Bonds and Series 2019-2 Bonds (collectively, the “Taxable Bonds”) is not excluded from gross income for federal income tax purposes, and (iii) interest on and any profit made on the sale, exchange or other disposition of the Tax-Exempt Bonds and Taxable Bonds (together, the “Bonds”) is exempt from certain taxes levied by the CIAL STATEMENT. Under no State of Ohio and its political subdivisions. The City has not designated the Tax-Exempt Bonds as “qualified tax-exempt obligations” within the meaning of Section 265(b)(3) under the Internal Revenue Code of 1986, as amended (the “Code”). Interest on the Tax-Exempt Bonds may be subject to certain federal income taxes imposed on certain corporations, and certain taxpayers may have certain other adverse federal income tax consequences as a result of owning the Tax-Exempt Bonds. For a more complete discussion of the tax aspects, see “TAX MATTERS.” on in which such solicitation sale would offer, or be OFFICIAL STATEMENT RELATING TO THE ORIGINAL ISSUANCE BY CITY OF COLUMBUS, OHIO of $400,785,000* GENERAL OBLIGATION BONDS (TAX-EXEMPT AND FEDERALLY TAXABLE) (UNLIMITED TAX AND LIMITED TAX) SIX ISSUES Dated: Date of Delivery Due: As shown on the inside cover herein $259,500,000* Various Purpose Unlimited Tax Bonds, Series 2019A $17,715,000* Various Purpose Limited Tax Bonds, Series 2019B $13,320,000* Various Purpose Unlimited Tax Bonds, Series 2019C (Federally Taxable) $18,875,000* Various Purpose Limited Tax Bonds, Series 2019D (Federally Taxable) shall there be any sale of these Bonds in any jurisdicti $57,085,000* Various Purpose Unlimited Tax Refunding Bonds, Series 2019-1 (Federally Taxable) $34,290,000* Various Purpose Limited Tax Refunding Bonds, Series 2019-2 (Federally Taxable) The Various Purpose Unlimited Tax Bonds, Series 2019A (the “Series 2019A Bonds”), the Various Purpose Unlimited Tax Bonds, Series 2019C (Federally Taxable) (the “Series 2019C Bonds”) and the Various Purpose Unlimited Tax Refunding Bonds, Series 2019-1 (Federally Taxable) (the “Series 2019-1 Bonds”), are voted general obligation debt of the City of Columbus, Ohio (the “City”), and the Various Purpose Limited Tax Bonds, Series 2019B (the “Series 2019B Bonds”), the Various Purpose Limited Tax Bonds, Series 2019D (Federally Taxable) (the “Series 2019D Bonds”), and the Various Purpose Limited Tax Refunding Bonds, Series 2019-2 (Federally Taxable) (the “Series 2019-2 Bonds” and, together with the Series 2019A Bonds, Series 2019B Bonds, Series 2019C Bonds, and Series 2019-1 Bonds, the “Bonds”), are unvoted general obligation debt of the City. The faith, credit and revenue of the City are irrevocably pledged for the prompt payment of the principal of and interest on the Bonds. See “SECURITY AND SOURCES OF PAYMENT FOR THE BONDS” herein. Interest on the Bonds will be payable semi-annually on April 1 and October 1 of each year, beginning April 1, 2020*. The Bonds are issuable as fully registered bonds and, when issued, will be initially registered in the name of Cede & Co., as nominee for The Depository Trust Company, New York, New York (“DTC”). Purchases of beneficial interests in the Bonds will be made in book-entry only form. Purchasers of beneficial interests (“Beneficial Owners”) will not receive certificates representing their interests in the Bonds. So long as the Bonds of an issue are registered in the name of Cede & Co., as nominee of DTC, references herein to the owners shall mean Cede & Co. and shall not mean the Beneficial Owners of that issue of the Bonds. See “BOOK-ENTRY ONLY SYSTEM.” an offer to sell or the solicitation of an offer to buy nor Payment of the principal of and interest on the Bonds will be made directly to DTC or its nominee, Cede & Co., so long as DTC or Cede & Co. is the sole registered owner. Disbursement of such payments to DTC’s Participants is the responsibility of DTC, and disbursement of such payments to the Beneficial Owners is the responsibility of DTC’s Direct Participants and the Indirect Participants, as more fully described under “BOOK-ENTRY ONLY SYSTEM” herein. The Tax-Exempt Bonds maturing after _________, 20__ and the Taxable Bonds maturing after _________, 20__ are subject to optional redemption as described herein. The Series 2019D Bonds maturing on April 1, 2040* will be subject to mandatory sinking fund redemption prior to stated maturity as set forth herein. See “THE BONDS – Redemption Provisions” herein. The Bonds are offered when, as and if issued and accepted by the Underwriters identified herein (see “UNDERWRITING” herein), subject to prior sale and to the approval of certain legal matters by Bricker & Eckler LLP, Bond Counsel, Columbus, Ohio, and certain other conditions. Certain legal matters will be passed upon for the Underwriters by their counsel, Dinsmore & Shohl LLP, Columbus, Ohio. See “LEGAL MATTERS” and “TAX MATTERS” herein. PFM Financial Advisors LLC, has acted as Municipal Advisor to the City in connection with the issuance of the Bonds (see “MUNICIPAL ADVISOR” herein). This cover page contains certain information for general reference only. It is not a summary of the provisions of the Bonds. Investors must read the entire Official Statement to obtain information essential to the making of an informed investment decision. This Official Statement has been prepared by the City in connection with the original offering for sale by it of the Bonds. It is expected that delivery of the Bonds will be made through the facilities of DTC on or about October 16, 2019*. This Official Statement is dated _______, 2019, and the information contained herein speaks only as of that date. Goldman Sachs & Co. LLC BofA Merrill Lynch unlawful prior to registration or qualification under the laws of any such jurisdiction. circumstances shall this Preliminary Official Statement constitute THIS PRELIMINARY OFFICIAL STATEMENT AND THE INFORMATION CONTAINED HEREIN ARE SUBJECT TO COMPLETION OR AMENDMENT IN A FINAL OFFI FINAL A IN AMENDMENT OR COMPLETION TO SUBJECT ARE HEREIN CONTAINED INFORMATION THE AND STATEMENT OFFICIAL PRELIMINARY THIS Huntington Capital Markets PNC Capital Markets LLC Stifel Nicolaus & Company, Incorporated * Preliminary, subject to change $259,500,000* VARIOUS PURPOSE UNLIMITED TAX BONDS, SERIES 2019A SERIAL BONDS Maturity Date Principal (April 1)* Amount* Interest Rate Yield CUSIP† 2021 $13,300,000 % % 2022 13,295,000 2023 13,285,000 2024 13,285,000 2025 13,285,000 2026 12,265,000 2027 12,270,000 2028 46,495,000 2029 12,270,000 2030 12,265,000 2031 12,260,000 2032 12,260,000 2033 12,255,000 2034 12,260,000 2035 12,255,000 2036 10,845,000 2037 6,340,000 2038 6,340,000 2039 6,335,000 2040 6,335,000 * Preliminary, subject to change † Copyright © 2019 CUSIP Global Services. The City is not responsible for the use of the CUSIP numbers referenced herein nor is any representation made by the City as to their correctness; such CUSIP numbers are included solely for the convenience of the readers of the Official Statement (See “REGARDING USE OF THIS OFFICIAL STATEMENT.”) ii $17,715,000* VARIOUS PURPOSE LIMITED TAX BONDS, SERIES 2019B SERIAL BONDS Maturity Date Principal (April 1)* Amount* Interest Rate Yield CUSIP† 2021 $1,745,000 % % 2022 1,740,000 2023 1,740,000 2024 1,740,000 2025 1,740,000 2026 1,735,000 2027 1,735,000 2028 1,005,000 2029 1,005,000 2030 1,005,000 2031 505,000 2032 505,000 2033 505,000 2034 505,000 2035 505,000 * Preliminary, subject to change † Copyright © 2019 CUSIP Global Services. The City is not responsible for the use of the CUSIP numbers referenced herein nor is any representation made by the City as to their correctness; such CUSIP numbers are included solely for the convenience of the readers of the Official Statement (See “REGARDING USE OF THIS OFFICIAL STATEMENT.”) iii $13,320,000* VARIOUS PURPOSE UNLIMITED TAX BONDS, SERIES 2019C (Federally Taxable) SERIAL BONDS Maturity Date Principal (April 1)* Amount* Interest Rate Yield CUSIP† 2021 $875,000 % % 2022 875,000 2023 875,000 2024 875,000 2025 870,000 2026 870,000 2027 870,000 2028 870,000 2029 865,000 2030 865,000 2031 860,000 2032 860,000 2033 860,000 2034 860,000 2035 860,000 2036 310,000 * Preliminary, subject to change † Copyright © 2019 CUSIP Global Services. The City is not responsible for the use of the CUSIP numbers referenced herein nor is any representation made by the City as to their correctness; such CUSIP numbers are included solely for the convenience of the readers of the Official Statement (See “REGARDING USE OF THIS OFFICIAL STATEMENT.”) iv $18,875,000* VARIOUS PURPOSE LIMITED TAX BONDS, SERIES 2019D (Federally Taxable) SERIAL BONDS Maturity Date Principal (April 1)* Amount* Interest Rate Yield CUSIP† 2021 $1,285,000 % % 2022 1,285,000 2023 1,285,000 2024 1,285,000 2025 1,280,000 2026 1,275,000 2027 1,275,000 2028 1,135,000 2029 1,135,000 2030 1,135,000 2031 650,000 2032 650,000 2033 650,000 2034 650,000 2035 650,000 2036 650,000 $2,600,000* ___% TERM BONDS MATURING APRIL 1, 2040*, PRICE _____%, CUSIP1 _______ * Preliminary, subject to change † Copyright © 2019 CUSIP Global Services.

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