Resolution No. 2026-053 – A Resolution Approving Third Amended Development Agreement with DERS Development, LLC and DERS Tiffin, LLC, Authorizing Tax Increment Payments and Pledging Certain Tax Increment Revenues to the Payment of the Agreement — I-3

Tiffin/436989-57/App Amend Dev Agmt AA 121 of the Records of the Johnson County Recorder’s Office, the West Line of Auditor’s Parcel 2019028, in accordance with the Plat thereof Recorded in Plat Book 63 at Page 116 of the Records of the Johnson County Recorder’s Office, and the South Line of Park Place City Center - Part Two, Phase One, in accordance with the Plat thereof Recorded in Plat Book 62 at Page 258 of the Records of the Johnson County Recorder’s Office on a 1260.00 foot radius curve, concave Southwesterly, whose 631.77 foot chord bears N15°07’05”W; Thence N27°26’58”W, along the West Line of said Auditor’s Parcel 2019028, and the South Line of said Park Place City Center - Part Two, Phase One, a distance of 136.24 feet; Thence Northwesterly, 136.21 feet, along said West Line of Auditor’s Parcel 2019028, and said South Line of Park Place City Center - Part Two, Phase One on a 1130.00 foot radius curve, concave Northeasterly, whose 136.13 foot chord bears N27°05’03”W, to the Northwest Corner of said Auditor’s Parcel 2019028; Thence N24°28’36”E, along the North Line of said Auditor’s Parcel 2019028, and said South Line of Park Place City Center - Part Two, Phase One, 35.93 feet; Thence Northeasterly 348.98 feet, along the North Line of said Auditor’s Parcel 2019028, said South Line of Park Place City Center - Part Two, Phase One, and the North Line of said Auditor’s Parcel 2019017, on a 740.00 foot radius curve, concave Southeasterly, whose 345.76 foot chord bears N86°26’58”E; Thence N09°57’33”E, along said South Line of Park Place City Center - Part Two, Phase One, a distance of 120.00 feet; Thence Southeasterly 132.64 feet, along said South Line of Park Place City Center - Part Two, Phase One on a 860.00 foot radius curve, concave Southwesterly, whose 132.50 foot chord bears S75°37’18”E; Thence Southeasterly 112.71 feet, along said South Line of Park Place City Center - Part Two, Phase One on a 854.35 foot radius curve, concave Southwesterly, whose 112.63 foot chord bears S65°19’00”E; Thence Southeasterly 135.86 feet, along said South Line of Park Place City Center - Part Two, Phase One on a 746.43 foot radius curve, concave Northeasterly, whose 135.68 foot chord bears S66°46’21”E; Thence Southeasterly 208.43 feet, along said South Line of Park Place City Center - Part Two, Phase One on a 750.00 foot radius curve, concave Northeasterly, whose 207.76 foot chord bears S82°22’54”E; Thence N89°39’24”E, along said South Line of Park Place City Center - Part Two, Phase One, a distance of 371.33 feet, to the Southeast Corner thereof, and a Point on the Westerly Right-of-Way Line of Interstate No. 380; Thence S01°07’24”E, along said Westerly Right-of-Way Line, 143.69 feet, to a Point 230.00 feet normally distant Westerly from Interstate No. 380 Centerline Station 1247+00; Thence S03°59’09”E, along said Westerly Right-of-Way Line, 200.25 feet, to a Point 220.00 feet normally distant Westerly from Interstate No. 380 Centerline Station 1245+00; Thence S05°24’45”E, along said Westerly Right-of-Way Line, 401.12 feet, to a Point 190.00 feet normally distant Westerly from Interstate No. 380 Centerline Station 1241+00; Thence S12°26’00”E, along said Westerly Right-of-Way Line, 203.96 feet, to a Point 150.00 feet normally distant Westerly from Interstate No. 380 Centerline Station 1239+00; Thence S01°07’24”E, along said Westerly Right-of-Way Line, 300.00 feet, to a Point 150.00 feet normally distant Westerly from Interstate No. 380 Centerline Station 1236+00; Thence S13°48’29”W, along said Westerly Right-of-Way Line, 310.48 feet, to a Point 230.00 feet normally distant Westerly from Interstate No. 380 Centerline Station 1233+00; Thence S16°03’17”E, along said Westerly Right-of-Way Line, 158.10 feet, to the Northeast Corner of Bigelow Subdivision, in accordance with the Plat thereof Recorded in Plat Book 47 at Page 103 of the Records of the Johnson County Recorder’s Office; Thence S89°20’11”W, along the North Line of said Bigelow Subdivision, 1109.06 feet, to the POINT OF BEGINNING. Said Parcel #3 contains 45.40 Acres, and is subject to easements and restrictions of record. -8- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA