ORDINANCE NO. 52-785 AN ORDINANCE MAKING AND FILING AN INCREMENT IN ADV ALOREM TAXES FOR THE RIVERSIDE 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 Riverside District under authority ofK.S.A. 12-1770 et seq. of the State of Kansas; and, WHEREAS, the City has by ordinance adopted a redevelopment plan for the Riverside District on February 23, 2021, with the District being previously created on August 21, 2020; and, WHEREAS, the City found that the conditions defined in K.S.A. 12-1770a of the State of Kansas did exist and therefore the increment in ad valorem taxes for the Riverside District is collected on a yearly basis as defined in K.S.A. I 2-1770a of the State of Kansas; and, WHEREAS, the boundaries of the Riverside 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 a budget estimating $96,130 of increment funds in ad valorem taxes from the Riverside District (the current boundaries of the District are described in Exhibit “A” attached hereto). SECTION 2. In accordance with Section 1 hereof, the City of Wichita, Kansas, hereby estimates the increment to be collected from ad valorem taxes produced from property located within the Riverside District at $96,130 for the year beginning January 1, 2026, and ending December 31, 2026. SECTION 3. The purpose of setting this increment is to pay the direct costs ofinfrastructure improvements within the Redevelopment District as defined in K.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 to finance in whole or inpart operation and maintenance expenses and other expenses relating directly to infrastructure improvements within the Redevelopment District. The increment set herein is estimated based on assessment of the value of properties as reported by the Sedgwick County Appraiser’s Office. SECTION 4. That the Director of Finance of the City of Wichita, 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 Riverside District to the County Clerk of Sedgwick County, Kansas, in conformity with and as provided by law. SECTION 5. The second reading of this ordinance shall be deferred to August 26, 2025, upon final approval of the City’s proposed budget. SECTION 6. 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 and the Wichita Eagle. PASSED by the governing body of the City of Wichita, Kansas, this 26th day of August 2025. /s/ Lily Wu, Mayor ATTEST (SEAL) /s/ Shinita Rice, Deputy City Clerk APPROVED AS TO FORM: /s/ Jennifer Magana City Attorney and Director of Law EXHIBIT “A” DESCRIPTION OF THE RIVERSIDE DISTRICT (TIF DISTRICT #19) An area including the following additions, lots and parcels all located in an area generally bounded by McLean Boulevard on the West, 13th Street on the North, Amidon Avenue on the East from 13th Street to 11th Street, Central Avenue on the South and including the Big Arkansas River from Central Avenue to 13th Street North, in Wichita, Sedgwick County, Kansas more particularly described as follows: That portion of Lots 254, 256,258,260,262,264,266,268,270,272 and 274 on Amidon Avenue, in Riverside Addition to Wichita, Kansas, lying west of the centerline of the Abandoned Arkansas Valley Interurban Railway. And that portion of An1idon Avenue lying west of and adjacent to Lots 242, 244, 246, 248, 250, 252,254,256,258,260,262,264,26 6,268, 270, 272 and 274 on Amidon Avenue, in said Riverside Addition, said line also lying north of Woodman Avenue, now 12th Street as platted in said Riverside Addition. And unplatted land, lying East of the Big Arkansas River in the Northwest Quarter of Section 18, Township 27 South, Range 1 East of the 6th P.M., Sedgwick County, Kansas, said south line described as lying North of the North line of Beal Avenue, now 11th Street extended west as platted in said Riverside Addition. And a portion of the unplatted land, lying East of the Big Arkansas River in Northwest Quarter and the Southwest Quarter of Section 18, Township 27 South, Range 1 East of the 6th P.M., Sedgwick County, Kansas, the north line described as lying South of the North line of Beal Avenue, now 11th Street extended west as platted in said Riverside Addition and the south line described as North of the North line of Central Avenue extended East as platted in Osteopathic Addition to Wichita, Kansas and lying within 50 feet east of the established bank line of the Big Arkansas River and including any improvements lying largely within said tract but extending beyond the eastern boundary as described, including but not limited to all of the pedestrian path. And Lot 1, Indian Hills Addition, Sedgwick County, Kansas. And that land located west of the established bank line of the Big Arkansas River and East of the East line of McLean Boulevard, South of Lot 1, Indian Hills Addition and North of the North line of Central Avenue extended East as platted in Osteopathic Addition. And all that part of the Big Arkansas River contiguous to the above described tracts. THE RIVERSIDE DISTRICT (TAX INCREMENT FINANCING DISTRICT #19)