8/4/2015 - Resolution No. 15-7267 Community Improvement District
RESOLUTION NUMBER 15-7267
A RESOLUTION TO PROVIDE NOTICE OF A PUBLIC HEARING ON THE ADVISABILITY OF CREATING THE S&B SOUTH NINTH COMMUNITY IMPROVEMENT DISTRICT
WHEREAS, Sections 26 through 35, K.S.A. 2012 Supp. 12-6a as may be amended (the “CID Act”), authorize the governing body of any municipality to adopt an ordinance establishing a community improvement district after receipt of a proper petition and holding a public hearing thereon; and
WHEREAS, on July 30, 2015, the Petition to Establish the S&B South Ninth Community Improvement District (the “Petition”) was filed with the Office of the City Clerk (the “City Clerk”) of the City of Salina, Kansas (the “City”); and
WHEREAS, the petitioner requests the formation of a community improvement district (“District”) for the purpose of financing project costs eligible for reimbursement pursuant to the Act (“Projects”) within the District; and
WHEREAS, the cost of the Projects is estimated to be approximately $14,460,000; and
WHEREAS, the petitioner proposes financing certain eligible Project costs with without notes or bonds, through pay as you go financing; and
WHEREAS, the petitioner proposes levying a two percent (2.0%) community improvement district sales tax on retail sales within the District; and
WHEREAS, a boundary map of the proposed District is attached hereto as Exhibit B to the Petition; and
WHEREAS, the legal description of the proposed District is attached hereto as Exhibit A to the Petition; and
WHEREAS, pursuant to the Act, on August 24, 2015, the Board of Commissioners will hold a public hearing on the advisability of creating or modifying the proposed District.
NOW THEREFORE BE IT RESOLVED by the Board of Commissioners of the City of Salina, Kansas:
1. That the City Commission shall hold a public hearing on the advisability of creating the S&B South Ninth Community Improvement District in Salina, Kansas on the 24th day of August, 2015 at 4:00 p.m. in Room 107 of the City-County Building located at 300 West Ash Street, Salina Kansas.
2. That the City Clerk shall cause notice of the public hearing to be published at least once each week for two consecutive weeks, with the second publication occurring at least seven (7) days prior to the hearing in the newspaper.
3. That the City Clerk shall cause notice of the public hearing to be sent by certified mail to all owners within the proposed District at least ten (10) days prior to the hearing.
4. That this resolution shall be in full force and effect from and after its adoption.
Adopted by the Board of Commissioners and signed by the Mayor this 3rd day of August, 2015.
[SEAL] Jon R. Blanchard, Mayor
Shandi Wicks, CMC, City Clerk