ORDINANCE NO. SB-3131

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1 ORDINANCE NO. SB-3131 AN ORDINANCE MAKING FINDINGS AND ESTABLISHING A STAR BOND PROJECT DISTRICT WITHIN THE CITY OF OVERLAND PARK, KANSAS PURSUANT TO K.S.A ,160 ET SEQ., AS AMENDED (BLUHAWK STAR BOND PROJECT). WHEREAS, pursuant to K.S.A ,160 et seq., as amended (the STAR Bonds Financing Act ), the City of Overland Park, Kansas (the City ), is authorized to assist in the development and redevelopment of eligible areas within and without the City in order to promote, stimulate and develop the general and economic welfare of the State of Kansas and its communities; and WHEREAS, pursuant to the STAR Bonds Financing Act, the Governing Body of the City adopted Resolution No (the Resolution ) on May 16, 2016, finding and determining that it is desirable to encourage the development and redevelopment of certain real property within the City located in the general vicinity of the southwest corner of 159 th Street and U.S. Highway 69 in the City and to consider the establishment of a STAR bond project district at such location (the STAR Bond Project District as further described herein); and WHEREAS, the Resolution provided for a notice of a public hearing considering the establishment of the STAR Bond Project District to be given in accordance with the STAR Bonds Financing Act and that said public hearing would be held on June 20, 2016; and WHEREAS, notice of the public hearing was duly given in accordance with the STAR Bonds Financing Act; and WHEREAS, on June 20, 2016, the Governing Body of the City conducted a public hearing, which hearing was continued on July 11, 2016, August 1, 2016 and August 15, 2016, on the proposed STAR Bond Project District; and WHEREAS, the Kansas Secretary of Commerce has determined that the proposed STAR Bond Project District is an eligible area in that it is a major commercial entertainment and tourism area, as such terms are defined in the STAR Bonds Financing Act, in accordance with the requirements of the STAR Bonds Financing Act; and WHEREAS, the proposed STAR Bond Project District does not include any real property which has been a part of another STAR bond project district established under the STAR Bond Financing Act; NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF OVERLAND PARK, KANSAS AS FOLLOWS: Section 1. The STAR Bond Project District is within the boundaries identified by the Resolution and published in the notice of the public hearing. The legal description and map delineating the STAR Bond Project District are set forth in Exhibits A and B of APPENDIX 1 attached hereto and incorporated herein by reference.

2 Section 2. The Governing Body of the City hereby finds and determines that the STAR Bond Project District proposed to be developed is a STAR bond project as defined in K.S.A ,162 and amendments thereto. Section 3. The STAR bond project district plan for the STAR Bond Project District which is a preliminary plan that identifies all of the proposed STAR bond project areas and identifies in a general manner all of the buildings and facilities in each STAR bond project area that are proposed to be constructed or improved is attached hereto as Appendix 1 and incorporated herein by reference. Section 4. The Governing Body of the City hereby establishes the STAR Bond Project District in compliance with the STAR Bond Financing Act. Section 5. The STAR Bond Project District may be terminated by the Governing Body at any time by passage and publication of an ordinance; provided that following the execution and delivery of a redevelopment agreement or agreements by the City entered into between the City and an entity or entities with rights to develop property within the STAR Bond Project District, the termination of the STAR Bond Project District may be limited by the terms and conditions of such agreement or agreements. Section 6. This Ordinance shall take effect and be in full force from and after its passage by the Governing Body of the City and publication in an official City newspaper. PASSED by the City Council this 15 th day of August, APPROVED by the Mayor this 22 nd day of August, CITY OF OVERLAND PARK, KANSAS (SEAL) ATTEST: By: /s/ Carl Gerlach Carl Gerlach Mayor By: /s/ Marian Cook Marian Cook City Clerk APPROVED AS TO FORM: By: /s/ Tammy M. Owens Tammy M. Owens City Attorney APPROVED AS TO FORM: By: /s/ Joseph D. Serrano Joseph D. Serrano, Kutak Rock Bond Counsel

3 APPENDIX 1 STAR BOND PROJECT DISTRICT PLAN This STAR Bond district plan (the District Plan ) consists of the buildings, facilities and improvements proposed to be constructed or improved in each of the following proposed STAR bond project areas and generally described as follows: The District shall consist of four (4) project areas (each a Project Area ), which are planned to be located in the following general areas and include Project Area 1 (east of the western boundary of Antioch, south of the northern boundary of 159 th Street, west of the U.S. 69 Highway right-of-way, north (and inclusive of a portion) of Hospital Drive North and 165 th Street, in the northwestern/northeastern/southern/central portion of District): Up to approximately thirty-one (31) buildings to be utilized for a mixture of uses, including retail, office, hotel, financial services, or residential; Museum / retail building; Multi-sport athletic facility and entertainment venue; Structured and surface parking, street, drive and other infrastructure improvements; Off-site / public right-of-way improvements; and Stream corridor improvements / open space amenities. Project Area 2 (west (and inclusive of a portion) of the U.S. 69 Highway right-of-way, in the southeastern portion of District): Up to approximately five (5) buildings to be utilized for a mixture of uses, including retail, office, hotel, financial services, or residential, along with the construction of street, drive, right-of-way, parking and other infrastructure improvements. Project Area 3 (a portion of the north-central area of the District, south of 159 th Street, west of Lowell Avenue and surrounded by Project Area 1): Up to approximately five (5) buildings to be utilized for a mixture of uses, including retail, office, hotel, financial services, or residential, along with the construction of street, drive, right-of-way, parking and other infrastructure improvements. Project Area 4 (a portion of the southeastern area of the District located in the northeast and southeast corners of Lowell Avenue and 162 nd Street and surrounded by Project Area 1): Up to approximately eight (8) buildings to be utilized for a mixture of uses, including retail, office, hotel, financial services, or residential, along with the construction of street, drive, right-of-way, parking and other infrastructure improvements.

4 EXHIBIT A - STAR BOND PROJECT DISTRICT PLAN DISTRICT LEGAL DESCRIPTION All of Bluhawk Marketplace, 1st Plat, Bluhawk Marketplace, 2nd Plat, Bluhawk Marketplace, 3rd Plat, Bluhawk Marketplace, 4th Plat, Bluhawk Marketplace, 5th Plat, Bluhawk Marketplace 6th Plat, together with all that part of Tract A and Lowell Avenue right of way, as established in Coffee Creek First Plat, together with all that part of 159th Street right of way, as established in Grace Church First Plat, Holly Ridge Townhomes, Rockwood Commons, and Lowell Avenue, 157th to 159th Street, together with all that part of Antioch Road right of way, as established in Overland Park Public Safety, all subdivisions in the City of Overland Park, Johnson County, Kansas, together with all that part of 159th Street right of way, as established in Book , Page , Book , Page and Book , Page , together with all that part of Antioch Road right of way, as established in Book , Page , Book , Page , Book , Page and Book , Page , together with an unplatted tract of land, all lying in the West Half of Section 18, Township 14 South, Range 25 East, and in the Southwest Quarter of Section 7, Township 14 South, Range 25 East, described as follows: BEGINNING at the Southwest corner of the Southwest Quarter of Section 7, Township 14 South, Range 25 East; thence North 02 degrees 11 minutes 54 seconds West, along the West line of said Southwest Quarter, a distance of feet to a point on the Westerly extension of the North right of way line of 159th Street, as established in Grace Church First Plat, a subdivision in the City of Overland Park, Johnson County, Kansas; thence North 87 degrees 43 minutes 05 seconds East, departing said West line, along said North right of way line, and along the North right of way line of 159th Street as established in Holly Ridge Townhomes and Rockwood Commons, both subdivisions in the City of Overland Park, Johnson County, Kansas, a distance of feet to the Southeast corner of Tract A of said Rockwood Commons; thence South 02 degrees 12 minutes 47 seconds East, departing said North line, along the Southerly extension of the East line of said Tract A, a distance of feet to a point on the North right of way line of 159th Street, as established in Book , Page and Book , Page ; thence North 87 degrees 43 minutes 07 seconds East, departing said Southerly extension, along said North right of way line, a distance of feet to a point; thence South 02 degrees 53 minutes 01 second East, departing said North right of way line, a distance of feet to a point on the South right of way line of 159th Street, as established in Book , Page , said point also lying on the West right of way line of US 69 Highway, as established in Book , Page ; thence South 01 degree 19 minutes 55 seconds West, departing said South right of way line, along the West right of way line of said US 69 Highway, a distance of feet to a point; thence South 08 degrees 28 minutes 37 seconds West, continuing along the West right of way line of said US Highway 69, a distance of feet to a point; thence South 00 degrees 10 minutes 54 seconds East, continuing along the West right of way line of said US Highway 69, a distance of feet to a point; thence South 36 degrees 39 minutes 04 seconds East, continuing along the West right of way line of said US Highway 69, a distance of feet to a point; thence South 00 degrees 12 minutes 46 seconds East, continuing along the West right of way line of said US 69 Highway, a distance of feet to a point on the West right of way line of US Highway 69, as established in Volume 169, Page 153; thence South 03 degrees 46 minutes 28 seconds West, continuing along the West right of way line of said US Highway 69, a distance of feet to a point on the

5 Easterly prolongation of the centerline of Tract A, Coffee Creek First Plat, a subdivision in the City of Overland Park, Johnson County, Kansas; thence South 87 degrees 19 minutes 04 seconds West, departing the West right of way line of said US Highway 69, along the centerline of said Tract A and its Easterly prolongation, a distance of feet to a point of curvature; thence in a Westerly and Southwesterly direction, continuing along said centerline and along a curve to the left, having a radius of feet, through a central angle of 22 degrees 36 minutes 45 seconds, an arc distance of feet to a point of tangency; thence South 64 degrees 42 minutes 19 seconds West, continuing along said centerline, a distance of feet to a point of curvature; thence in a Southwesterly and Westerly direction, continuing along said centerline and along a curve to the right, having a radius of feet, through a central angle of 7 degrees 47 minutes 41 seconds, an arc distance of feet to a point of tangency; thence South 72 degrees 30 minutes 00 seconds West, continuing along said centerline, a distance of feet to a point on a non-tangent curve, said point also lying on the West right of way line of Lowell Avenue, as established in said Coffee Creek First Plat; thence in a Southerly direction, along the West right of way line of said Lowell Avenue and along a curve to the right whose initial tangent bears South 17 degrees 43 minutes 39 seconds East, having a radius of feet, through a central angle of 14 degrees 58 minutes 24 seconds, an arc distance of feet to a point of tangency; thence South 02 degrees 45 minutes 15 seconds East, continuing along said West right of way line, a distance of feet to a point of curvature; thence in a Southerly direction, continuing along said West right of way line and along a curve to the left, having a radius of feet, through a central angle of 19 degrees 15 minutes 09 seconds, an arc distance of feet to a point of tangency; thence South 22 degrees 00 minutes 24 seconds East, continuing along said West right of way line, a distance of feet to a point; thence South 19 degrees 42 minutes 58 seconds East, continuing along said West right of way line, a distance of feet to a point; thence South 22 degrees 00 minutes 24 seconds East, continuing along said West right of way line, a distance of feet to a point of curvature; thence in a Southerly and Southwesterly direction, continuing along said West right of way line and along a curve to the right, having a radius of feet, through a central angle of 48 degrees 33 minutes 31 seconds, an arc distance of feet to a point of tangency; thence South 26 degrees 33 minutes 06 seconds West, continuing along said West right of way line, a distance of 8.11 feet to a point of curvature, said point also lying on the North right of way line of 165th Street, as established in said Coffee Creek First Plat; thence in a Southwesterly and Westerly direction, along the North right of way line of said 165th Street and along a curve to the right, having a radius of feet, through a central angle of 41 degrees 26 minutes 30 seconds, an arc distance of feet to a point of tangency; thence South 67 degrees 59 minutes 36 seconds West, continuing along said North right of way line, a distance of feet to a point of curvature; thence in a Westerly direction, continuing along said North right of way line and along a curve to the right, having a radius of feet, through a central angle of 12 degrees 14 minutes 20 seconds, an arc distance of feet to a point of compound curvature; thence in a Westerly direction, continuing along said North right of way line and along a curve to the right, having a radius of feet, through a central angle of 10 degrees 35 minutes 35 seconds, an arc distance of feet to a point on a non-tangent line; thence North 00 degrees 49 minutes 31 seconds East, departing said North right of way line, a distance of feet to a point; thence North 62 degrees 58 minutes 16 seconds West a distance of feet to a point; thence North 33 degrees 12 minutes 40 seconds West a distance of feet to a point; thence North 06 degrees 01 minute 58 seconds West a distance of feet to a point; thence North 22 degrees 31 minutes 13 seconds East a distance of feet to a point; thence North 06 degrees 33 minutes 33 seconds West a distance of feet to a point; thence North 24 degrees 10 minutes 48 seconds West a distance of feet to a point; thence South 71 degrees 40 minutes 47

6 seconds West a distance of feet to a point; thence South 65 degrees 45 minutes 34 seconds West a distance of feet to a point; thence North 74 degrees 14 minutes 53 seconds West a distance of feet to a point; thence South 38 degrees 03 minutes 26 seconds West a distance of feet to a point; thence South 62 degrees 56 minutes 29 seconds West a distance of feet to a point on the East right of way line of Antioch Road, as established in Book , Page ; thence North 02 degrees 00 minutes 07 seconds West, along the East right of way line of said Antioch Road, a distance of feet to a point; thence North 52 degrees 18 minutes 39 seconds East, departing said East right of way line, a distance of feet to a point; thence North 67 degrees 43 minutes 07 seconds East a distance of feet to a point; thence South 76 degrees 39 minutes 04 seconds East a distance of feet to a point; thence North 54 degrees 23 minutes 55 seconds East a distance of feet to a point; thence North 84 degrees 38 minutes 45 seconds East a distance of feet to a point; thence North 48 degrees 57 minutes 49 seconds East a distance of feet to a point; thence North 60 degrees 04 minutes 13 seconds East a distance of feet to a point; thence North 06 degrees 29 minutes 14 seconds East a distance of feet to a point; thence North 74 degrees 36 minutes 52 seconds West a distance of feet to a point; thence North 14 degrees 35 minutes 04 seconds West a distance of feet to a point on the South right of way line of W. 163rd Street, as established in Bluhawk Marketplace 5th Plat, a subdivision in the City of Overland Park, Johnson County, Kansas; thence North 11 degrees 58 minutes 14 seconds West, departing said South right of way line, a distance of feet to a point on the North right of way line of W. 163rd Street, as established in said Bluhawk Marketplace 5th Plat, said point also being the Southeast corner of Lot 1, Overland Park Public Safety, a subdivision in the City of Overland Park, Johnson County, Kansas; thence North 20 degrees 11 minutes 23 seconds West, departing said North right of way line, along the East line of said Lot 1, a distance of feet to a point; thence North 27 degrees 23 minutes 37 seconds West, continuing along said East line, a distance of feet to the Northeast corner of said Lot 1, said corner also lying on the South right of way line of W. 162nd Street as established in said Bluhawk Marketplace 5th Plat; thence South 88 degrees 08 minutes 36 seconds West, along the North line of said Lot 1 and the South right of way line of said W. 162nd Street, a distance of feet to a point on the East right of way line of Antioch Road, as established in Book , Page ; thence South 02 degrees 01 minute 22 seconds East, departing said North and South lines, along the East right of way line of said Antioch Road, a distance of feet to a point; thence South 01 degree 46 minutes 25 seconds West, continuing along said East right of way line, a distance of feet to a point on the East right of way line of Antioch Road, as established in said Overland Park Public Safety; thence South 87 degrees 58 minutes 38 seconds West, departing said East right of way line, a distance of feet to a point on the West line of the Northwest Quarter of Section 18, Township 14 South, Range 25 East; thence North 02 degrees 01 minute 22 seconds West, along the West line of said Northwest Quarter, a distance of feet to the POINT OF BEGINNING, containing 6,176,747 Square Feet or Acres, more or less.

7 EXHIBIT B - STAR BOND PROJECT DISTRICT PLAN DISTRICT / PROJECT AREAS BOUNDARY MAP

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