Loading...
HomeMy WebLinkAbout1801 Taxable Industrial Revenue Bonds $23,600,000 Soccer Complex BILL NO. 2021 - 044 ORDINANCE NO. IYN AN ORDINANCE APPROVING A PLAN FOR AN INDUSTRIAL DEVELOPMENT PROJECT FOR A SOCCER COMPLEX; AUTHORIZING THE CITY TO ISSUE ITS TAXABLE INDUSTRIAL REVENUE BONDS IN THE AGGREGATE MAXIMUM PRINCIPAL AMOUNT OF $23,600,000 FOR THE PURPOSE OF PROVIDING FUNDS TO PAY THE COSTS OF THE FIRST PHASE; AND AUTHORIZING CERTAIN OTHER ACTIONS IN CONNECTION WITH THE ISSUANCE OF THE BONDS. WHEREAS, the City of Riverside, Missouri, a fourth-class city and political subdivision of the State of Missouri (the "City"), is authorized and empowered pursuant to the provisions of Article VI, Section 27(b) of the Missouri Constitution, as amended, and Sections 100.010 through 100.200, inclusive, of the Revised Statutes of Missouri, as amended (RSMo) (collectively, the "Act"), to purchase, construct, extend and improve certain projects (as defined in Section 100.010 RSMo) and to issue industrial development revenue bonds for the purpose of providing funds to pay the costs of such projects and to lease or otherwise dispose of such projects to private persons or corporations for manufacturing, commercial, warehousing and industrial development purposes upon such terms and conditions as the City shall deem advisable, and WHEREAS, Section 100.050 RSMo requires the City to prepare a plan in connection with any industrial development project undertaken pursuant to the Act, and WHEREAS. the City, in accordance with Section 100.050 of the Act, prepared a Plan for an Industrial Development Project dated September 15, 2021 (the "Plan") for a soccer complex project consisting of the purchasing, designing, constructing and installing of a professional soccer team training facility and corporate offices of approximately 18,000 square feet, including three soccer fields, bleachers, parking, and infrastructure, and a youth soccer complex, including approximately ten soccer fields and related improvements, including concessions, restrooms, parking and associated infrastructure (the "Project"), notice of the Project was given to the taxing jurisdictions in accordance with Section 100.059.1 of the Act and the City now desires to approve the Plan, and WHEREAS. the City desires to finance the costs of the first phase of the Project out of the proceeds of a series of industrial development bonds to be issued under the Act, and WHEREAS. the City has and does hereby find and determine that it is desirable for the economic development of the City and within the public purposes of the Act that the City proceed with the issuance of said bonds for the purpose described above, and WHEREAS; the City further finds and determines that it is necessary and desirable in connection with the issuance of the Bonds that the City enter into certain documents and that the City take certain other actions and approve the execution of certain other documents as herein provided, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: SECTION 1. PROMOTION OF ECONOMIC DEVELOPMENT; FINDING OF COMMERCIAL FACILITY. The Board of Aldermen hereby finds and determine that (1) the Project will promote the economic welfare and the development of the City, and the issuance of the bonds by the City to pay costs of the Project will be in furtherance of the public purposes set forth in the Act, and (2) the Project constitutes a commercial facility under the Act. SECTION 2 —APPROVAL OF PLAN. The Board of Alderman hereby approves the Plan for an Industrial Development Project attached hereto as Exhibit A in accordance with Section 100.050 of the Act. SECTION 3 -AUTHORIZATION OF THE BONDS. The City is hereby authorized to issue and sell its Taxable Industrial Revenue Bonds (Soccer Complex Project - Phase 1), in an aggregate maximum principal amount of not to exceed $23,600,000 (the "Bonds"), for the purpose of providing funds to pay a portion of the costs of the Project and to pay costs of issuing the Bonds. The Bonds shall be issued and secured pursuant to the Indenture and shall have such terms, provisions, covenants and agreements as are set forth therein. SECTION 4 - LIMITATION ON LIABILITY. The Bonds and the interest thereon shall be limited and special revenue obligations of the City payable solely out of the payments, rents, revenues and receipts derived by the City from the herein authorized Lease Agreement and not from any other fund or source of the City. Such payments, rents, revenues and receipts shall be pledged and assigned to the bond trustee named in the Indenture (the "Trustee") as security for the payment of the Bonds as provided in the Indenture. The Bonds and the interest thereon shall not constitute general obligations of the City or the State of Missouri (the "State"), and neither the City nor the State shall be liable thereon. The Bonds shall not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction, and are not payable in any manner by taxation. SECTION 5 - AUTHORIZATION OF DOCUMENTS. The City is hereby authorized to enter into the following documents (the 'City Documents"), in substantially the forms presented to and approved by the Board of Aldermen and attached to this Ordinance, with such changes therein as are approved by the officials of the City executing the documents, such officials' signatures thereon being conclusive evidence of their approval thereof: (a) Trust Indenture dated as of the date set forth therein (the "Indenture"), between the City and the Trustee, pursuant to which (1) the Bonds will be issued and (2) the City will pledge the Leased Property and assign certain of the payments, revenues and receipts received pursuant to the Lease Agreement to the Trustee for the benefit and security of the owners of the Bonds upon the terms and conditions as set forth in the Indenture. (b) Lease Agreement dated as of the date set forth therein (the "Lease Agreement"), between the City and KC WFC Training, LLC, or its assignee or designee (the "Company"), under which the City will lease the Leased Property to the Company, pursuant to the terms and conditions in the Lease Agreement, in consideration of rental payments by Company that will be sufficient to pay the principal of, premium, if any, and interest on the Bonds, including a Memorandum of Lease Agreement providing notice of the Lease Agreement. (c) Bond Purchase Agreement dated as of the date set forth therein, among the City, the Company and the purchaser of the Bonds. SECTION 6. CREATION OF BOND FUND. The City is hereby authorized to establish with the Trustee pursuant to the Indenture, a special trust fund in the name of the City and the City shall cause all sums required by the Indenture to be deposited therein and shall create all accounts therein required by the Indenture. SECTION 7 - EXECUTION OF DOCUMENTS. The Mayor is hereby authorized to execute the Bonds and to deliver the Bonds to the Trustee for authentication for and on behalf of and as the act and deed of the City in the manner provided in the Indenture. The Mayor is hereby authorized to execute the City Documents and such other documents, certificates and instruments as may be necessary or desirable to carry out and comply with the intent of this Ordinance, for and on behalf of and as the act and deed of the City. The City Clerk is hereby authorized to attest to and affix the seal of the City to the Bonds and the City Documents and such other documents, certificates and instruments as may be necessary or desirable to carry out and comply with the intent of this Ordinance. SECTION 8 - FURTHER AUTHORITY. The City shall, and the officials, agents and employees of the City are hereby authorized to, take such further action, and execute such other documents, certificates and instruments as may be necessary or desirable to carry out and comply with the intent of this Ordinance and to carry out, comply with and perform the duties of the City with respect to the Bonds and the City Documents. The Mayor is hereby authorized, throughout the term of the Lease Agreement, to execute all documents on behalf of the City (including documents pertaining to the transfer of property) as may be required to carry out and comply with the intent of this Ordinance. the Indenture and the Lease Agreement. SECTION 9 - CONFLICTS. All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 10 - EFFECTIVE DATE. This Ordinance shall be in full force and effect from and after its passage and approval. BE IT REMEMBERED that the above was read two times by heading only, passed and approved by a majority of the Board of Aldermen and APPROVED by the Mayor of the City of Riverside, Missouri, this 5th day of October 2021. Ka leen L. Rose, Mayor ATTEST: Robin Kincaid,, City Clerk -3- EXHIBIT A PLAN FOR INDUSTRIAL DEVELOPMENT -4- DocuSign Envelope ID:OE33059E-8F30-4F6A-A70E-FOD163FCE1DC UNILATERAL SALES TAX EXEMPTION INDEMNITY AGREEMENT THIS UNILATERAL S�F, 'J� EXEMPTION INDEMNITY AGREEMENT (this "Agreement")is offered as of Octo r_, 021 to the CITY OF RIVERSIDE, MISSOURI, a fourth- class city and political subdivision duly organized and existing under the laws of the State of Missouri(the "City")by KC WFC TRAINING,LLC,a Kansas limited liability company(the"Company"). RECITALS WHEREAS,the City is authorized under the provisions of Article VI, Section 27 of the Missouri Constitution,as amended,and Sections 100.010 to 100.200,inclusive,of the Revised Statutes of Missouri, as amended(collectively,the"Act"),to purchase,construct,extend and improve certain projects(as defined in the Act) for the purposes set forth in the Act and to issue industrial development revenue bonds for the purpose of providing funds to pay the costs of such projects and to lease or otherwise dispose of such projects to private persons or corporations for manufacturing, commercial, warehousing and industrial development purposes upon such terms and conditions as the City shall deem advisable;and WHEREAS,the City, in accordance with Section 100.050 of the Act, has prepared and approved a plan for industrial development (the "Plan") for the Company, or an affiliate or affiliates thereof, with respect to a project consisting of acquiring, constructing, installing and improving a professional team training facility and corporate offices of approximately 18,000 square feet, with three soccer fields, bleachers, parking, and infrastructure, and the first phase of a youth soccer park, including four soccer fields,concessions,restrooms,parking and associated infrastructure at 5000 N.W.Canal Street in Riverside, Missouri(the"Project");and WHEREAS, the City has approved the issuance of industrial development revenue bonds (the "Bonds") for the purpose of financing the Project, which Bonds will be payable solely out of payments, revenues and receipts derived by the City from the lease of the Project to the Company,or an or an affiliate or affiliates thereof,from no other source;and WHEREAS,the Company hereby requests the City to issue a project exemption certificate for the purchase of construction materials prior to the issuance of the Bonds;and WHEREAS,if the City grants the Company's request to issue a project exemption certificate for the purchase of construction materials prior to the issuance of the Bonds,the Company agrees to the terms of this Agreement with respect to its use of such project exemption certificate and the grant of such request shall constitute the City's acceptance of the terms hereof;and NOW THEREFORE,upon delivery to the Company by the City of a project exemption certificate for the Project,the Company shall be bound as follows: SECTION 1. Exemption for Construction Materials. The project exemption certificate shall be used by the Company for the purchase of construction materials to be incorporated into the Project and shall not be used by the Company in connection with the acquisition of other personal property. The Company agrees to immediately pay to the Missouri Department of Revenue all sales and use tax that otherwise would have been due with respect to the Project if the Bonds are not issued by December 15, 2021 (subject to any extension granted by the City in its sole discretion). SECTION 2. Liability for Sales Determined to be Taxable. Upon a determination by the Missouri Department of Revenue that any purchase made using a project exemption certificate described herein was not exempt from sales or use tax,the Company shall pay to the Missouri Department of Revenue DocuSign Envelope ID:OE33059E-8F30-4F6A-A70E-FOD1 63FCE1 DC all sales or use taxes so determined to be due(whether by virtue of failure to comply with the terms of this Agreement or otherwise). The Company shall indemnify and defend the City and its respective officers, employees and agents against and from any and all causes of action or actions in law or equity,liens,claims damages, loss,costs or expenses of any nature whatsoever by any person or entity,arising out of the City's furnishing of the project exemption certificate to the Company or its affiliates or contractors. There shall be no reduction in payments in lieu of taxes relating to the issuance of Bonds for the Project for any sales or use taxes paid by the Company in connection with the Project. SECTION 3. Enforcement. In addition to other remedies allowed by law or in equity,the City may bring an action for specific performance to enforce the provisions of this Agreement. In the event of litigation pertaining to the enforcement of this Agreement,the losing party shall pay all costs of litigation, including reasonable attorneys' fees. [remainder of page intentionally left blank] -2- DocuSign Envelope ID:OE33059E-8F30-4F6A-A70E-FOD163FCE1DC IN WITNESS WHEREOF,the Company has executed this Agreement as of the day and year first above written. KC WFC TRAINING, LLC, a Kansas limited liability company By: Name: Angie K. Long Title: Unilateral Sales Tax Exemption Indemnity Agreement S-1 '7 1A60 Missouri Department of Revenue Project Exemption Certificate This form is to be completed and given to your contractor. Name of Exempt Entity Issuing the Certificate Missouri Tax Exemption Number City of Riverside, Missouri 11 2 111 9 1 3 1 1 1 2 1 1 Address City State Zip Code 2950 NW V'nrion Road Riverside MO 64150 E-mail Address rkincaid@riversidemo.com Project Number Project Begin Date(MM/DD/YYYY) Estimated Project End Date (MM/DD/YYYY) Ordinance No. 1 0 /L 1 / 1 L 2 1 1 2 / 0 1 /2 0 2 3 Description of Project Constructing, installing and improving a professional team training facility and corporate offices of approximately 18,000 square feet,with three soccer fields, bleachers,parking,and infrastructure,and the first phase of a youth soccer park,including four soccer fields,concessions, restrooms,parking and associated infrastructure. Project Location Certificate Expiration Date(MM/DD/YYYY) 5000 N.W.Canal Streetin Riverside,Missouri 1 2 / 0 1 /2 0 2 3 Provide a signed copy of this certificate, along with a copy of the exempt entity's Missouri Sales and Use Tax Exemption Letter to each contractor or-subcontractor who will be purchasing tangible personal property for use in this project. It is the responsibility of the exempt entity to ensure the validity of the information on the certificate. The exempt entity must issue a new certificate if any of the information changes. Si d of✓author .ed E>kerppt Printed Name of Authorized Exempt Entity Date(MM/DDNYYY) Robin Kincaid,City Clerk 1 0 / 1 1 /2 0 2 1 The Missouri exempt entity'named."above hereby authorizes the purchase, without sales tax, of tangible personal property to be incorporated or consumed in�h.�construction project identified herein and no other, pursuant to Section 144.062, RSMo. Under penalties of Perjury; I declare that the above information and any attached supplement is true, complete, and correct. Name of Purchasing Contractor Signature of Contractor rate(MM/DD/YYYY) KC WFC Training, LLC _/__/_ __ Address City State Zip Code 9120 Nieman Road Overland Park KS 66214 Contractors-Present this to your supplier in order to purchase the necessary materials tax exempt. Complete the Subcontractor portion if extending the certificate to your subcontractor. The contractor must sign the form in the space provided below. Name of Purchasing Subcontractor • Address City State Zip Code Signature of Contractor Contractor's Printed Name Date(MM/DD/YYYY) Form 5060(Revised 08-2015) Taxation Division Phone: (573)751-2836 P.O Box 358 Fax: (573)522-1271 Jefferson City, MO 65105-0358 E-mail: salestaxexemptions0dor.mo.99v Visit http://dor.mo.gov/business/Sales`/sales-use-exemptions.php for additional information. p Recorded in Platte County,Missouri Recording Date/Time: 12/29/2023 at 10:57:20 AM Book: 1400 Page: 903 Instr#: 2023012751 -;: / , F� Pages: 7 •' :yo • Fee: $42.00 "TF '.CUNTV, 1 OS Electronically Recorded Christopher L.Wright GILMORE AND BELL Recorder of Deeds Space Above Line Reserved for Recorder's Use 1. Title of Document: Termination 2. Date of Document: December 30,2023 3. Grantor(s)Names CITY OF RIVERSIDE,MISSOURI and Statutory Addresses: 2950 N.W. Vivion Road Riverside,Missouri 64150 4. Grantee(s)Names KC WFC TRAINING,LLC and Statutory Addresses: 1 Teal Rising Way Riverside,Missouri 64150 5. Legal Description: See following page. 6. Reference(s): Memorandum of Lease Agreement recorded 11/10/21,at Book 1368,Page 596 (Instrument#2021021348) Submitted by Gilmore&Bell,P.C. TERMINATION A. The City of Riverside, Missouri (the "City") has previously issued its $23,600,000 (Aggregate Maximum Principal Amount) City of Riverside, Missouri Taxable Industrial Revenue Bonds (Soccer Complex Project- Phase 1), Series 2021 (the"Bonds"),pursuant to a Trust Indenture dated as of November 1, 2021 (the"Indenture"),between the City and UMB Bank,N.A. (the "Trustee"), and used the proceeds of the Bonds to construct a Project(as defined in the Indenture). B. The City leased the Project to KC WFC TRAINING, LLC, a Kansas limited liability company (the "Lessee") pursuant to a Lease Agreement dated as of November 1, 2021 (the "Lease Agreement"), between the Lessee and the City. C. The Lessee has paid all amounts payable under the Lease Agreement, including payment of all outstanding Bonds and all fees, taxes, penalties, if any, costs and expenses of the Trustee and the City,and the City is conveying the Project to the Lessee. D. The Indenture, the Lease and the Bond Purchase Agreement dated as of November 1, 2021,between the City and the Lessee,are collectively referred to hereunder as the"Bond Documents." E. A portion of the property originally subject to the Lease was released therefrom pursuant 03 to a Release dated July 7,2023,and recorded as Instrument No.2023006641. NOW, THEREFORE, THE CITY, THE TRUSTEE AND THE LESSEE DO HEREBY STATE AND DECLARE: o That as of the "Date of Document" stated on the cover page hereto the Bond Documents are terminated and are of no further force or effect. The obligation to make payments in lieu of tax under w Section 5.2(e) of the Lease Agreement for calendar year 2023, if not already paid, shall survive this Termination. The real property affected by the Lease Agreement is described as follows: All of the following property located in Platte County,Missouri: Lot 1 a,RIVERSIDE SOCCER, Second Plat,a subdivision in Riverside,Platte County,Missouri. [remainder of page intentionally left blank] 1 IN WITNESS WHEREOF, the parties named above have caused this Termination to be duly executed in their respective corporate names and their respective corporate seals, where applicable, to be hereunto affixed and attested by their duly authorized officers, as of the date written on the cover page hereof. CITY OF VERSIDE,MISSOURI By. Name: Kathleen L. Rose Title: Mayor [SEAL _'' • ATTEST;' - By: '`400 .{�c :_.� Name: Robin Kincaid Title: City Clerk CO ACKNOWLEDGMENT STATE OF MISSOURI SS. o COUNTY OF PLATTE } `' On this f day of `; L f;v, 2023, before me, the undersigned, a Notary Public, appeared KATHLEEN L. ROSE, to me personally known, who, being by me duly sworn, did say that she is the Mayor of the CITY OF RIVERSIDE,MISSOURI,and that the seal affixed to the foregoing instrument is the corporate seal of said City, and that said instrument was signed and sealed by authority of its Board of Aldermen, and said officers acknowledged said instrument to be executed for the purposes therein stated and as the free act and deed of said City. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County and State aforesaid,the day and year first above written. ROBIN Lr IN SEAL 7 . NOTARY PUBLIC- STATE OF MISSOURIMARCH 8,2027 Lf f. •C�c°,< �' ttY COMMISSION uNrON cour+n Name: I COWISSION Notary Public in and for said State (SEAL) My Commission Expires: eJ f 014 Termination KC WFC TRAINING,LLC KC WFC TRAINING,LLC, a Kansas limited liability company, By: 0.. - ley Name:A gie K. Long Title:Authorized Signatory ACKNOWLEDGMENT STATE OF (VI ZSS Guy ) ) SS: COUNTY OF{(o 1i t- ) On ,2023,ANGIE K.LONG,the Authorized Signatory of KC WFC TRAINING, LLC,a Kansas limited liability company,acknowledged before me that she signed the foregoing instrument for and in the name and on behalf of said limited liability company. IN WITNESS WHEREOF, I have hereunder subscribed my name and affixed my official seal on CO the day and year aforesaid. 417\47.4- Notary Publ My Commission Expires: 4 y b Z.02-4 G) 0 w MARGARET WALTERS NOTARY PUBUC•NOTARY SEAL. STATE OF M SSOURI MY COMMISSION EXPIRES JULY 6,2026 PLATTECOIMW COMMISSION 1*15634596 Termination KC WFC TRAINING,LLC 3 1 UMB BANK,N.A.,as Trustee 1 , r , Name: Sarah Sanchez - Title: Vice President ACKNOWLEDGMENT STATE OF MISSOURI ) ) SS. COUNTY OF JACKSON ) On this iCaletc' day of ace--t e 2023, before me, a Notary Public in and for said State, CO personally appeared Sq. ,,k- „Se,- »,CLe -; who acknowledged himself/herself to be a X i,ca Y-(2r s e :eL. of UMB BAND, N.A., a national banking association duly organized and p existing under the laws of the United States of America,and that(s)he as such duly authorized officer being o so authorized executed the foregoing instrument for the purposes therein contained by signing the name of .11 the association by himself/herself as a duly authorized officer. co l IN TESTIMONY WHEREOF,I have hereunto set my hand and affixed my notarial seal the day w and year last above written. --..\))(Tramline Duarte f` Notary Public-Notary Seal —— STATE OF MISSOURI "` Jackson County My Commission Expires:May 13,2C25 L Notary [SEAL] Commission#13481489 My appointment expires play 131 z Q 2---5 Termination KC WFC TRAINING,LLC 4 EXHIBIT A THIRD PARTY CONSENT CO 4 0 0 G) 0 w DocuSign Envelope ID:OACD99FB-E3DB-4815-8ADE-589C342BE3D3 ACKNOWLEDGEMENT AND CONSENT The undersigned,as lender to KC WFC TRAINING,LLC,a Kansas limited liability company(the "Company"), with respect to the property referenced in the foregoing Termination, hereby acknowledges the Termination and consents to the Termination and the conveyance of fee title in the property referred to therein to the Company. Academy BarL[eyuIGOigAd by: Mich ari , —A957E9FCB8E549E By: Mick Griffith Title: vice President CO 0 0 C) co 0 w 5 Recorded in Platte County, Missouri Recording Date/Time: 12/29/2023 at 10:57:20 AM Book: 1400 Page: 904 oPpEA OFQ�. gyp.•. •.Fo Instr#: 2023012752 % �' • Pages: 3 c'r• � ` :yo Fee: $30.00 °ouNiv 4 ' Electronically Recorded Christopher L.Wright GILMORE AND BELL Recorder of Deeds (Space above this line for Recorder's use only) Title of Document: Special Warranty Deed Date of Document: December 30,2023 Grantor: CITY OF RIVERSIDE,MISSOURI Grantee: KC WFC TRAINING,LLC Grantee Mailing Address: 1 Teal Rising Way,Riverside,Missouri 64150 Legal Description: See following page. Submitted by Gilmore&Bell,P.C. SPECIAL WARRANTY DEED THIS SPECIAL WARRANTY DEED is made as of the "Date of Document" stated on the cover page hereto, by the CITY OF RIVERSIDE, MISSOURI, a fourth-class city and political subdivision of the State of Missouri ("Grantor"), in favor of KC WFC TRAINING, LLC, a Kansas limited liability company("Grantee")(mailing address of Grantee is shown on recording cover page). WITNESSETH: THAT GRANTOR, in consideration of the sum of Ten Dollars (S10.00) and other good and valuable consideration, to it paid by Grantee, the receipt of which is hereby acknowledged, does by these presents, SELL and CONVEY unto Grantee,its successors and assigns,the following described land,to wit: All of the following property located in Platte County,Missouri: Lot 1 a,RIVERSIDE SOCCER, Second Plat,a subdivision in Riverside,Platte County,Missouri. SUBJECT TO covenants,conditions,easements,restrictions and reservations of record,if any. TO HAVE AND TO HOLD the premises aforesaid, with all and singular the rights, privileges, appurtenances, and immunities thereto belonging or in anywise appertaining, unto Grantee, and unto its successors and assigns forever; Grantor hereby covenanting it is lawfully seized of an indefeasible estate in fee in the premises herein conveyed;that it has good right to convey the same. 0 PROVIDED THAT, it is the intent of the Grantor and the Grantee that Grantor's interest in any -11 easements held by the Grantor in all or any portion of the premises aforesaid shall not be merged with the fee simple ownership of such property or conveyed to the Grantee pursuant to this Deed, but shall remain a separate a distinct interest of the Grantor. [The remainder of this page intentionally left blank.] 1 IN WITNESS WHEREOF, Grantor has hereunto caused this deed to be executed the day and year first above written. CITY O RIVERSIDE,MISSOURI By: 4 Name: athleen L. Rose w : 4 Title: Mayor (SEAL] A I'I rE T:-.. . B ) y: 1 .`4t�ci Name: Robin Kincai Title: City Clerk ACKNOWLEDGMENT CO STATE OF MISSOURI ) o ) SS. COUNTY OF PLATTE ) On this day of `ECertr 2023,before me,the undersigned, a Notary Public,appeared KATHLEEN L. ROSE, to me personally known, who, being by me duly sworn, did say that she is the Mayor of the CITY OF RIVERSIDE,MISSOURI,and that the seal affixed to the foregoing instrument is the corporate seal of said City,and that said instrument was signed and sealed by authority of its Board of Aldermen, and said officers acknowledged said instrument to be executed for the purposes therein stated and as the free act and deed of said City. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the County and State aforesaid,the day and year first above written. ROBINllm•••r... NOTARY • L 'T MARCH 8 2023 Name:COUNTY ,=i{c, , . L. J41 sac f r� Notary Public in and for said State *15300631 (SEAL) My Commission Expires:Y)'4 C..A Special Warranty Deed KC WFC TRAINING,LLC 2 File Number: 20231229002550428 Date Filed: 1212912023 10:56 AM UCC FINANCING STATEMENT AMENDMENT John R.Ashcroft FOLLOW INSTRUCTIONS Secretary of State A.NAME&PHONE OF CONTACT AT SUBMITTER(optional) Tracie Maslak (816)218-7580 B.E-MAIL CONTACT AT SUBMITTER(optional) tmaslakc gilmorebell.com C.SEND ACKNOWLEDGMENT TO: (Name and Address) F.-Gilmore Bell 2405 Grand Boulevard Suite 1100 Kansas City, MO 64108 L J SEE BELOW FOR SECURED PARTY CONTACT INFORMATION THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY 1 a.INITIAL FINANCING STATEMENT FILE NUMBER 1 b. El This FINANCING STATEMENT AMENDMENT is to be filed[for record] 20211110001418785 (or recorded)in the REAL ESTATE RECORDS Filer' attach Amendment Addendum (Form UCC3Ad)and provide Debtor's name in item 13. 2. El TERMINATION: Effectiveness of the Financing otatemei it identified above is terminates with respect to security interest(s)of Secured Part(ythes)authorizing this Termination Statement 3. n ASSIGNMENT Provide name of Assignee in item 7a and 7b,Ind address of Assignee in Item 7c insiname of Assignor in item 9 For partial assignment,complete items 7 and 9,check ASSIGN Collateral box in Item 8 and descnbe the affected collateral in item 8 4. ❑CONTINUATION: Effectiveness of the Financing Statement identified above with respect to security interest(s)of Secured Party authonzing this Continuation Statement is continued for the additional period provided by applicable law 5. PARTY INFORMATION CHANGE: Check one of these two boxes AND Check one of these three boxes to• f 1�HANGE name anyor address Complete ADD name Complete item DELETE name Give record name This Change affects ]Debtor or Secured Party of record I_I Item 6a or Pb and deco 7a or 7b Item 7c ❑Ta or Tb, item 7c ❑to be deleted In item 6a or fib 6.CURRENT RECORD INFORMATION• Complete for Party Information Change-provide only one name(6a or fib) 6a ORGANIZATION'S NAME OR fib INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 7.CHANGED OR ADDED INFORMATION: Complete for Assignment or Party Information Change-prowde only one name pa or 7b)(use exact,fun name,do not omit,modify,or abbrerate any part of the Debtors name) 7a ORGANIZATION'S NAME OR 7b INDIVIDUAL'S SURNAME INDIVIDUALS FIRST PERSONAL NAME INDIVIDUALS ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 7c MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY g• COLLATERAL CHANGE: Check only one box: ❑ADD collateral ❑DELETE collateralRESTATE covered collateral ASSIGN•collateral Indicate collateral: 'Check ASSIGN COLLATERAL only if me assignee's power to amend the record Is limited to certain collateral and descnbe the collateral In Section 9.NAME OF SECURED PARTY OF RECORD AUTHORIZING THIS AMENDMENT: Provide only one name(9a or 9b)(name of Assignor.if this is an Assignment) If this is an Amendment authorized be a DEBTOR,check here and provide name of authorizing Debtor 9a ORCPNIZATION'S NAME UMB Bank,N.A-,as Trustee OR ,gb INDIVIDUAL'S LAST NAME I FIRST NAME I MIDDLE NAME SUF=Io 10.OPTIONAL FILER REFERENCE DATA 601765.20031 FILING OFFICE COPY- UCC FINANCING STATEMENT AMENDMENT(Form UCC3)(Rev 07/01/2023)