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85-3810 Enterprise Zone IncentivesRESOLUTION NUMBER 85-3810 A RESOLUTION DETERMINING THE INCENTIVES TO BE PROVIDED BY THE CITY OF SALINA FOR ENTERPRISE ZONES: AND REPEALING RESOLUTION NUMBER 84-3698. WHEREAS, the City of Salina has adopted Resolution Number 85-3809 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 BE IT RESOLVED by the Governing Body of the City of Salina, Kansas: Section 1. That in the event the Kansas Department of Economic Development approves the designation of the enterprise zone as requested by Resolution Number 85-3809, 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 Economic Development. 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 1985, 1986 and 1987: Approximate Activity Cost CBD Storm Warning Siren $ 8,000 Broadway Overpass 2,120,000 Museum Conversion 65,000 CBD Redevelopment 6,500,000 Handicapped Access to Public Bldgs 135,000 Bridge Replacement at 4th and Iron 393,200 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 That this Resolution shall be effective and Resolution Number 84-3698 is hereby repealed after the official designation by the Kansas Department of Economic Development of the enterprise zone requested in Resolution Number 85-3809. Approved by the Board of Commissioners and signed by the Mayor this 7th day of October, 1985. Merle A. Hodges, M. Mayor [SEAL] ATTEST: N=sonCity Clerk