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(Published at Wichita.gov/LegalNotices on December 12, 2025) SUMMARY OF ORDINANCE NO. 52-851 On December 9, 2025, the governing body of the City of Wichita, Kansas (the "Issuer") passed an ordinance entitled: AN ORDINANCE AUTHORIZING THE CITY OF WICHITA, KANSAS TO ISSUE ITS HEALTH CARE FACILITIES REVENUE BONDS (LARKSFIELD PLACE) SERIES VII 2025A AND SERIES VII 2025B FOR THE PURPOSE OF CONSTRUCTING AND EQUIPPING IMPROVEMENTS TO AN EXISTING RETIREMENT COMMUNITY FACILITY; AND AUTHORIZING CERTAIN OTHER DOCUMENTS AND ACTIONS IN CONNECTION THEREWITH. The Ordinance authorizes the Issuer to issue its (i) Health Care Facilities Revenue Bonds (Larksfield Place) Series VII, 2025A (the "Series 2025A Bonds"), and (ii) Health Care Facilities Revenue Bonds (Larksfield Place) Series VII, 2025B (the "Series 2025B Bonds") in the aggregate principal amount of not to exceed $60,000,000 (the "Series 2025 Bonds"), for the purpose of (a) paying the costs of acquiring, constructing, improving and equipping of a retirement and health care facility (b) funding capitalized interest on the Series 2025 Bonds, (c) funding a debt service reserve for the Series 2025A Bonds, and (d) paying costs of issuing the Series 2025 Bonds, all as more fully described in the Bond Indenture and the Lease Agreement referenced in the Ordinance. The Project will be leased by the Issuer to the Corporation. 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: December 9, 2025 Jennifer Magaña, Director of Law and City Attorney IPL0297739 Dec 12 2025
Post Date: 12/12 12:00 AM
Refcode: #IPL0297739 
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