02-10103 Agr In Lieu Of Taxes(Published in the Salina Journal on Augusto 1, 2002)
ORDINANCE NUMBER 02-10103
AN ORDINANCE RATIFYING AND AFFIRMING CERTAIN IN LIEU OF TAX
PAYMENTS PURSUANT TO ORDINANCE NUMBER 99-9923 ADOPTED ON MAY 17,1999.
BE IT ORDAINED by the Governing body of the City of Salina, Kansas:
Section 1. That the governing body hereby ratifies its May 17, 1999 adoption of Ordinance
Number 99-9923 authorizing the City of Salina to issue Industrial Revenue Bonds Series A, 1999 (A -
Plus Galvanizing, Inc.) providing for exemption from property taxes, and further providing for payment
in lieu of taxes on the project.
Section 2. The City finds that the project has been completed in substantial compliance
with the City's Tax Exemption policies and procedures and with the representations and assertions
submitted in the application for tax exemption.
Section 3. The Agreement for Payment in Lieu of taxes entered into as of May 17, 1999
between the City of Salina and A -Plus Galvanizing, Inc is hereby ratified and affirmed, provided that
the total amounts of payments in lieu of taxes shall be as set forth in Attachment A, hereto.
Section 4. That this ordinance shall be in full force and effect from and after its adoption
and publication once in the official city newspaper.
Introduced: August 26, 2002
Passed: August 26, 2002
ist+M.aton, Mayor
(SEAL)
ATTEST:
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Lieu Arm Nicola, City Clerk
ca�maeieasaire
Attachment A
Ordinance Number 02-10103
A -Plus Galvanizing
Calendar Year Tax Year
Payment in Lieu of Taxes
2003
0%
2004
0%
2005
0%
2006
0%
2007
0%
2008
25%
2009
25%
2010
25%
2011
25%
2012
25%