Interlocal Agreement (1998) STATE OF KANSAS SS,
COUNTY OF SALINE
FILED FOR RECORD IN MY OFFICE
INTERLOCAL AGREEMENT ON APR 1 6 1998 a
9'10 O'CLOCK&&.AND DULY RECORDED
VOL. OF---AT PAGE_
REG.OF DEEDS
THIS INTERLOCAL AGREEMENT (hereinafter referred to a "Ag(v ement") entered into
this 16 day of March 1998, by and between the City of Salina a duly organized municipal
corporation hereinafter referred to as "City" and the Board of Directors of the Salina Public Library
hereinafter referred to as "Library".
WHEREAS, K.S.A. 12-2904 allows public agencies to enter into interlocal agreements to
jointly perform certain functions including economic development; and
WHEREAS, K.S.A. 12-17, 114 et seq. provides a program for neighborhood revitalization
and further allows for the use of interlocal agreements between municipalities to further
neighborhood revitalization; and
WHEREAS, it is the desire and intent of the parties hereto to provide the maximum
economic development incentive as provided for in K.S.A. 12-17, 119 by acting jointly.
NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS
CONTAINED HEREIN, THE PARTIES AGREE AS FOLLOWS:
I. The parties agree to adopt a neighborhood revitalization plan as contained in Exhibit
A, attached hereto and incorporated by reference as if fully set forth herein. The parties further agree
the neighborhood revitalization plan as adopted will not be amended without approval of the parties
except as may be necessary to comply with applicable state law or regulation.
2. The parties further agree that the City shall administer the neighborhood revitalization
plan as adopted by each party on behalf of the signatory parties. The City shall create a
neighborhood revitalization fund pursuant to K.S.A. 12-17, 118 for the purpose of financing the
redevelopment and to provide rebates. Any increment in property taxes received by the City and the
Library resulting from qualified improvements to property pursuant to the neighborhood
revitalization plan shall be credited to the City's neighborhood revitalization fund.
3. This Agreement shall expire March 31, 2003. The parties agree to undertake a review
of the neighborhood revitalization plan concluding on or before February 28, 2003 to determine any
needed modifications to the neighborhood revitalization plan and participation in a new interlocal
agreement. The parties agree that any party may terminate this agreement prior to March 31, 2003
by providing thirty (30) day advance notice, provided however, any applications for tax rebate
submitted prior to termination shall, if approved, be considered eligible for the duration of the rebate
period.
IN WITNESS WHEREOF, the parties have hereto executed this agreement as of the day and
year first above written.
City of Salina, Kansas
K4 tin Seaton, May r
ATTEST: L OF r
D
Ju D. o g, City Cler
vs a, •'c�
card of Directors of the Salina Public Library
By f (�'V �•rI
JanetKVilbur, President
ATTEST:
treble, S cretary
rr
Approved thi43 day of 1C 1 L 1998 by the Attorney General of the State of Kansas.
� Kan4Fy, Assistant Att General
By
M Attorney General