Common Contracts

MEMORANDUM OF UNDERSTANDING PRIVATE DEVELOPMENT

Private Development • December 17th, 2021

• Contract Type
  Private Development
• Filed
  December 17th, 2021

This Memorandum of Understanding (this “MOU”) is hereby entered into as of December 21, 2021 (the “Effective Date”), between the City of Wichita, Kansas (the “City”), a municipal corporation of the State of Kansas, Wichita Riverfront LP, a Delaware limited partnership (“WRLP”) and EPC Real Estate Group LLC, a Kansas limited liability company (“EPC”) (WRLP and EPC herein referred to collectively as the “Private Developers”) (each of the City, WRLP, and EPC a “Party,” and collectively, the “Parties”), regarding the private development of specified areas adjacent to the new Riverfront Stadium (the “Private Development”).