(Published at Wichita.gov/LegalNotices on August 29, 2025) SUMMARY OF ORDINANCE NO. 52-799 On August 26, 2025, the governing body of the City of Wichita, Kansas passed an ordinance entitled: AN ORDINANCE AUTHORIZING THE CITY OF WICHITA, KANSAS TO ISSUE ITS TAXABLE INDUSTRIAL REVENUE BONDS, SERIES III, 2025 (AC HOTEL PROJECT) FOR THE PURPOSE OF PAYING THE COSTS OF THE ACQUISITION, CONSTRUCTION AND EQUIPPING OF A HOTEL FACILITY; AND AUTHORIZING OTHER DOCUMENTS AND ACTIONS IN CONNECTION THEREWITH. The Ordinance authorizes the Issuer to issue its Taxable Industrial Revenue Bonds, Series III, 2025 (AC Hotel Project) in the aggregate principal amount of $19,622,462.15 (the "Series III, 2025 Bonds"), for the purpose of paying the costs of the acquisition, construction and equipping of a hotel facility (the "Project"), as more fully described in the Indenture, the Site Lease and the Project Lease authorized by the Ordinance. The Project will be leased by the Issuer to Spartan Downtown LLC, a Kansas limited liability company. A complete text of the Ordinance may be obtained or viewed free of charge at the office of the City Clerk, 13th Floor, City Hall, 455 North Main, Wichita, Kansas 67202-1679. A reproduction of the Ordinance is available for not less than 7 days following the publication date of this Summary at https://www.wichita.gov/CityClerk/Pages/Ordinances.aspx. This Summary is hereby certified to be legally accurate and sufficient pursuant to the laws of the State of Kansas. DATED: August 29, 2025 Jennifer Magaña, Director of Law and City Attorney IPL0267925 Aug 29 2025