RESOLUTION NO NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF OVERLAND PARK, KANSAS, AS FOLLOWS:

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1 RESOLUTION NO A RESOLUTION OF THE CITY OF OVERLAND PARK, KANSAS, PROVIDING FOR NOTICE OF A PUBLIC HEARING CONCERNING THE ESTABLISHMENT OF A TAX INCREMENT FINANCING REDEVELOPMENT DISTRICT GENERALLY LOCATED AT THE NORTHEAST CORNER OF METCALF AVENUE AND WEST 82ND STREET WITHIN THE CITY (AVENUE 82 TIF PROJECT). WHEREAS, pursuant to K.S.A et seq., as amended (the TIF Act ), the City of Overland Park, Kansas (the City ), is authorized to assist in the development and redevelopment of eligible areas within the City in order to promote, stimulate and develop the general and economic welfare of the State of Kansas and its communities; and WHEREAS, the City hereby finds and determines it desirable to encourage the development and redevelopment of certain real property within the City generally located at the northeast corner of Metcalf Avenue and West 82 nd Street in the City and to consider the establishment of a tax increment financing redevelopment district at such location (the Redevelopment District ); and WHEREAS, pursuant to the TIF Act, the City must adopt a resolution stating that the City is considering the establishment of the Redevelopment District and include in such resolution notice that a public hearing will be held to consider the establishment of said Redevelopment District; NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF OVERLAND PARK, KANSAS, AS FOLLOWS: 1. Notice is hereby given that a public hearing to consider the establishment by the City of the Redevelopment District shall be held at the Overland Park City Hall, 8500 Santa Fe Drive, Overland Park, Kansas, on July 9, 2018, at 7:30 p.m., Central Daylight Saving Time, (or as soon thereafter as is practical). 2. The proposed boundaries of the Redevelopment District are set forth in Exhibit A attached hereto and incorporated herein by reference. 3. A description of the proposed district plan for the Redevelopment District which identifies all of the project areas and the general manner of all buildings, facilities and improvements in each project area that are proposed to be constructed or improved in each project area is attached hereto as Exhibit B and incorporated herein by reference. 4. A description and map of the proposed Redevelopment District are available for public inspection during regular office hours in the Office of the City Clerk, at Overland Park City Hall, 8500 Santa Fe Drive, Overland Park, Kansas. 5. At the public hearing, the Governing Body of the City will consider findings necessary for the establishment of the proposed Redevelopment District.

2 6. A copy of this Resolution shall be sent by certified mail, return receipt requested, to the Board of Commissioners of Johnson County, Kansas, and the Board of Education of Unified School District No. 512, Johnson County, Kansas. Copies of this Resolution also shall be mailed by certified mail, return receipt requested, to each owner and occupant of land within the Redevelopment District not more than 10 days following the date of adoption of this Resolution. This Resolution and Exhibits A and B attached to this Resolution and a map delineating the area to be included in the Redevelopment District attached hereto as Exhibit C shall be published once in the official City newspaper not less than one week or more than two weeks preceding the date fixed for the public hearing. ADOPTED by the City Council this 21 st day of May, APPROVED AND SIGNED by the Mayor this 21 st day of May, CITY OF OVERLAND PARK, KANSAS (SEAL) By: /s/ Carl Gerlach Carl Gerlach Mayor ATTEST: By: /s/ Elizabeth Kelley Elizabeth Kelley City Clerk APPROVED AS TO FORM: By: /s/ Michael Koss Michael Koss Senior Assistant City Attorney APPROVED AS TO FORM: By: /s/ Joseph D. Serrano Joseph D. Serrano, Kutak Rock LLP Bond Counsel

3 TIF DISTRICT DESCRIPTION EXHIBIT A PROPOSED BOUNDARIES Legal Description For the Proposed Tax Increment Financing District For the Avenue 82 TIF Project Generally located at Metcalf Avenue and West 82 nd Street All that part of the NW 1/4 of Section 29, Township 12, Range 25, and all of Lot 2, CYPRESS SPRINGS, and all that part of Lots 1 and 2, CONSER'S ADDITION, all in the City of Overland Park, Johnson County, Kansas, more particularly described as follows: Commencing at the Northwest corner of the NW 1/4 of said Section 29; thence S 2 18' 05" E, along the West line of the NW 1/4 of said Section 29, a distance of feet, to a point on the Westerly extension of the North line of Lot 2 of said CYPRESS SPRINGS, said point being the Point of Beginning; thence N 87 34' 38" E, along the North line and its extension of Lot 2 of said CYPRESS SPRINGS, a distance of feet, to the Northeast corner thereof; thence S 2 19' 28" E, along the East line of Lot 2 of said CYPRESS SPRINGS, a distance of feet, to the Southeast corner thereof, said point also being the Southwest corner of Lot 1 of said CYPRESS SPRINGS; thence N 87 46' 44" E, along the South line of Lot 1 of said CYPRESS SPRINGS, a distance of feet, to a point on the West line of Lot 2 of said CONSER'S ADDITION; thence S 2 19' 28" E, along the West line of Lot 2 of said CONSER'S ADDITION, a distance of feet, to a point on the South line of the North feet of Lot 2 of said CONSER'S ADDITION; thence N 87 34' 38" E, a distance of feet, to a point on the East line of the West 68 feet of Lot 2 of said CONSER'S ADDITION; thence S 2 19' 28" E, along the East line of the West 68 feet of Lot 2 of said CONSER'S ADDITION, a distance of feet, to a point on the centerline of W. 82nd Street, as now established; thence S 87 46' 44" W, along the centerline of said W. 82nd Street, a distance of feet, to a point on the West line of the NW1/4 of said Section 29; thence N W, along the West line of the NW1/4 of said Section 29, a distance of feet, to a point on the Westerly extension of the North line of the South 150 feet of Lot 1 of said CONSER S ADDITION; thence N E, along the Westerly extension of the North line of the South 150 feet of Lot 1 of said CONSER S ADDITION, a distance of feet, to a point on the East right-of-way line of Metcalf Avenue, as now established; thence S E, along the East right-of-way line of said Metcalf Avenue, a distance of feet, to a point on the North right-of-way line of said W. 82nd Street; thence N E, along the North right-of-way line of said W. 82nd Street, a distance of feet, to a point on the East line of the West 284 feet of Lot 1 of said CONSER S ADDITION; thence N 2 19' 28" W, along the East line of the West 284 feet of Lot 1 of said CONSER'S ADDITION, a distance of feet, to a point on the North line of the South 150 feet of Lot 1 of said CONSER'S ADDITION; thence S 87 46' 44" W, along the North line of the South 150 feet of Lot 1 of said CONSER'S ADDITION, a distance of feet, to a point on the West line of the NW 1/4 of said Section 29; thence N 2 18' 05" W, along the West line of the NW 1/4 of said Section 29, a distance of feet, to the point of beginning, containing 183,342 square feet, equal to acres, more or less.

4 EXHIBIT B PROPOSED DISTRICT PLAN The Redevelopment District Plan consists of one redevelopment project area, and may be described in a general manner as follows: Acquisition of real property, demolition of certain existing structures thereon, and the development and redevelopment of commercial facilities consisting of office, retail and other commercial uses, parking facilities, and such associated site work, infrastructure, utilities, storm water control, access, street and traffic improvements, landscaping, lighting, other associated and appurtenant structures and infrastructure improvements, and any other items allowable under the TIF Act.

5 EXHIBIT C MAP OF REDEVELOPMENT DISTRICT