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89-4055 Enterprise Zone Incentives1 1 RESOLUTION NUMBER 89-4055 'A RESOLUTION DETERMINING THE INCENTIVES TO BE PROVIDED BY THE CITY OF SALINA FOR ENTERPRISE ZONES; AND REPEALING RESOLUTION NUMBER 88-3969. WHEREAS, the City of Salina has adopted Resolution Number 88-3968 requesting that an area in the City of Salina be designated as an enterprise zone pursuant to K.S.A. 12-17,108; and .WHEREAS, it is necessary that the City provide and implement local incentives within the enterprise zone; SO NOW, THEREFORE Kansas: BE IT RESOLVED by the Governing Body of the City of Salina, Section 1. That in the event the Kansas Department of Commerce approves the designation of the enterprise zone as requested by Resolution Number 89-4055, that the following local incentives be implemented within said enterprise zone: A. That the City of Salina will waive the cost of the issuance of building, remodeling and demolition permits for commercial and industrial structures inside the proposed enterprise zone, effective upon official designation by the Kansas Department of Commerce. These fee waivers will continue for the duration of the enterprise zone or for a period of five (5) years, whichever time is shorter. B. That the City of Salina will target the following capital improvements into the proposed enterprise zone during 1988, 1989, and 1990; Approximate Activity Cost Broadway Overpass $2,120,000 Waste Water Plant #2 Renovation 1,500,000 Rubberized Railroad Crossings 200,000 Pave Parking Lot at 9th and Iron 50,000 Water Plant Renovation 8,000,000 'Section 2. That the City Manager is authorized to take all actions necessary to implement the provisions of this resolution. Section 3. That this Resolution shall be effective and Resolution Number 88-3969 is hereby repealed after the official designation by the Kansas Department of Commerce of the enterprise zone requested in Resolution Number 88-3968. Approved by the Board of Commissioners and signed by the Mayor this 30th day of January, 1989. [SEAL] ATTEST: Jacqueline Shiever, City Clerk S#neS(o#derberg, Mayor