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Public Hearing (Published at Wichita.gov/LegalNotices on June 27, 2025) NOTICE OF PUBLIC HEARING IN CONNECTION WITH THE ISSUANCE OF INDUSTRIAL REVENUE BONDS BY THE CITY OF WICHITA, KANSAS Public notice is hereby given that the City Council (the "City Council") of the City of Wichita, Kansas (the "City"), will conduct a public hearing in connection with the proposed issuance by the City of its Industrial Revenue Bonds in an aggregate principal amount of not to exceed $3,650,000 (the "Bonds"). Such hearing will be conducted on Tuesday, July 8, 2025, or at such later date as shall be established by the City Council during the meeting, at 9:00 A.M., or as soon thereafter as possible, at City Hall, 455 N. Main, Wichita, Kansas. The Bonds are proposed to be issued by the City for the purpose of providing funds to finance the cost of acquiring, constructing and equipping an addition to an existing facility located at 1651 Eisenhower Court, Wichita, Kansas (the "Project"). The Bonds, which will provide the basis for ad valorem property tax exemption of the financed assets of the Project, are proposed to be issued under authority of K.S.A. 12-1740 et seq., as amended. Notice is further given, in accordance with K.S.A. 12-1744e, that the City intends to issue such Bonds and lease the Project to 1651 Eisenhower, LLC, a Kansas limited liability company (the "Company"), for sublease to Forty Five Enterprises LLC, a Kansas limited liability company, d/b/a Leadfoot Express (the "Subtenant"). A copy of this Notice, together with a copy of the Company's request to the City to issue the Bonds and a report analyzing the costs and benefits of such ad valorem property tax exemption, are on file in the office of the City Clerk and are available for public inspection during normal business hours. A copy of the proposed Resolution of the City and Letter of Intent indicating the intent of the City Council to issue the Bonds is on file in the office of the City Clerk and available for public inspection during normal business hours. In the event the Bonds are not ultimately issued for any reason, the City shall not be deemed to have assumed or incurred any liability or obligation to the Company or any other party by virtue of any proceedings or actions taken in connection therewith. All persons having an interest in this matter will be given an opportunity to be heard at the time and place specified. The City Council will not adopt an ordinance authorizing the issuance of the Bonds and thereby approving the accompanying ad valorem property tax exemption until the passage of seven (7) days from the date this Notice is published in the official newspaper of the City and until the public hearing is concluded. CITY OF WICHITA, KANSAS By: /s/ Paul Leeker, City Clerk IPL0249053 Jun 27 2025
Post Date: 06/27 12:00 AM
Refcode: #IPL0249053 
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