(Published at Wichita.gov/LegalNotices on October 23, 2026) SUMMARY OF ORDINANCE NO. 53-119 On October 20, 2026, 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 II, 2026 (THE LARK PROJECT) FOR THE PURPOSE OF PAYING THE COSTS OF THE ACQUISITION, CONSTRUCTION AND EQUIPPING OF A MULTIFAMILY HOUSING FACILITY; AND AUTHORIZING OTHER DOCUMENTS AND ACTIONS IN CONNECTION THEREWITH. The Ordinance authorizes the Issuer to issue its Taxable Industrial Revenue Bonds, Series II, 2026 (The Lark Project) in the aggregate principal amount of $5,951,090 (the "Series II, 2026 Bonds"), for the purpose of paying the costs of the acquisition, construction and equipping of a multifamily housing 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 721 W Maple LLC, a Kansas limited liability company. In connection with the issuance of the Series II, 2026 Bonds, the Issuer approves a ten-year exemption from ad valorem property taxes for the Project, subject to payments in lieu of taxes. 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: October 23, 2026 Jennifer Magaña, Director of Law and City Attorney IPL0382944 Oct 23 2026