(Published on Wichita.gov/legal notices on July 25, 2025) 100010701 ORDINANCE NO. 52-773 ORDINANCE MAKING AND FILING AN INCREMENT INAD VALOREM TAXES FOR THE SOUTHFORK DISTRICT, CITY OF WICHITA, KANSAS, FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2026, AND ENDING DECEMBER 31, 2026. WHEREAS, the City of Wichita, Kansas, has established a Redevelopment District designated as the Southfork District under authority ofK.S.A. 12- 1770 et seq. of the State of Kansas; and, WHEREAS, the City has by ordinance adopted aredevelopment planfor the Southfork District on April 16, 2013, with the District being previously created on April 10, 2012; and, WHEREAS, the City found that the conditions defined inK.S.A. 12- 1770a of the State of Kansas did exist and therefore theincrement inad valorem taxes for the Southfork Redevelopment District is collected on a yearly basis as defined inK.S.A. 12- 1770a of the State of Kansas; and, WHEREAS, the boundaries ofthe Southfork District are described in Exhibit “A” attached hereto; NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF WICHITA, KANSAS: SECTION 1. The City of Wichita, Kansas, has adopted abudget estimating $279,925 of increment funds in ad valorem taxes from the Southfork District (the current boundaries ofthe District are described in Exhibit “A” attached hereto). SECTION 2. In accordance with Section 1hereof, the City of Wichita, Kansas, hereby estimates the increment tobe collected from ad valorem taxes produced from property located within the Southfork District at $279, 925 for the year beginning January 1, 2026, and ending December 31, 2026. SECTION 3. The purpose of setting this increment isto pay the direct costs ofinfrastructure improvements within the Redevelopment District as defined inK.S.A. 12- 1770a, such costs being integral to the increased development and property valuation within the District, incurred between January 1, 2026, and December 31, 2026, including principal and interest due on special obligation bonds or full faith and credit tax increment bonds issued tofinance in whole orin part operation and maintenance expenses and other expenses relating directly toinfrastructure improvements within the Redevelopment District. The increment set herein is estimated based on assessment ofthe value of properties as reported by the Sedgwick County Appraiser’s Office. SECTION 4. That the Director ofFinance ofthe City ofWichita, Kansas, is hereby directed to make proper certification of the increment estimated to be produced from ad valorem taxes that are to be levied in the Southfork District to the County Clerk of Sedgwick County, Kansas, in conformity with and as provided by law. SECTION 5. This ordinance shall take effect and be in full force and effect from and after its passage and publication once in the official City paper. PASSED by the governing body of the City of Wichita, Kansas, this 22nd day of July 2025. ATTEST: (SEAL) __________________________ Shinita Rice, City Clerk EXHIBIT “A” DESCRIPTION OF THE SOUTHFORK DISTRICT ( TIF DISTRICT # 17) THE SOUTHFORK DISTRICT (TAX INCREMENT FINANCING DISTRICT # 17)