15-10764 Twin Oaks Industries Property Tax ExemptionSummary published in the Salina Journal on February 5 , 2015.
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ORDINANCE NUMBER 15-10764
AN ORDINANCE EXEMPTING CERTAIN PROPERTY OWNED BY TWIN OAKS
INDUSTRIES, INC. LOCATED AT 2001 WEST GRAND AVENUE, SALINA, KANSAS,
FROM AD VALOREM TAXATION.
BE IT ORDAINED by the Governing Body of the City of Salina, Kansas:
Section 1. Twin Oaks Industries, Inc. is hereby granted exemption from ad valorem taxes for
property located at 2001 West Grand Avenue, Salina, Kansas, under the terms of the City of Salina Tax
Exemption Policy and the conditions and limitations set out herein (the "Exemption"), all pursuant to
Section 13 of Article 11 of the Kansas Constitution and K.S.A. 79-251.
Section 2. The Exemption shall only apply to newly constructed buildings and improvements
constructed between September 23, 2013 and March 24, 2015 for facilities located on the following
described property:
A tract of land in the City of Salina, Saline County, Kansas, located in the
Southwest Quarter (SW '/4) of the Northwest Quarter (NW '/4 ) of Section
Eleven (11), Township Fourteen (14) South, Range Three (3) West of the
Sixth Principal Meridian, described as follows: using the West line of said
Section as being true North, starting at a point on the East-West Quarter
Section line of said section, S 89'41'15"E a distance of 379.44 feet; thence
N 00°00'00" W a distance of 1316.64 feet to the North line of the
Northwest Quarter (NW '/4) of the Southwest Quarter (SW '/4) of the
Northwest Quarter (NW '/4) of said Section 11; thence S 89°39'58" E along
said line a distance of 198.50 feet to the point of beginning of the tract;
thence continuing along said line a distance of 478.08 feet; thence S
00°00'00" W a distance of 658.26 feet to the North line of the Southwest
Quarter (SW '/4) of the Southwest Quarter (SW '/4) of the Northwest
Quarter NW '/4) of said Section 11; thence N 89°40'36" W along said line
a distance of 478.08 feet; thence N 00°00'00" E a distance of 658.26 feet
to the point of beginning.
Section 3. On September 23, 2013, the Governing Body conducted a public hearing
granting of the Exemption after publishing notice of the public hearing and notifying in writi
affected taxing districts in accordance with K.S.A. 79-251(b).
n the
e the
Section 4. The Governing Body finds that the property for which the Exemption is to' be granted
will be used exclusively for the purposes specified in Section 13 of Article 11 of the Kansas
Constitution, specifically the manufacture of equipment used for handling and conveying dry bulk
materials.
Section 5. The Governing Body finds that the exemption herein granted for building
improvements is required to create and retain jobs in the State of Kansas.
Section 6. No exemption shall be granted for taxes due on the above described land upon which
the qualified buildings and improvements are to be located.
Section 7. The application of the City of Salina Tax Exemption Policy results in qualification for
a tax exemption of fifty-five percent (55%) of the taxes due on the qualified property for years one (1)
through five (5) and twenty-seven and one half percent (27.5%) of,the taxes due on the qualified
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a tax exemption of fifty-five percent (55%) of the taxes due on the qualified property for years one (1)
through five (5) and twenty-seven and one half percent (27.5%) of the taxes due on the qualified
property for years six (6) through ten (10).
Section 8. The tax exemption shall be for a term of ten (10) years commencing in 2015, with an
exemption of fifty-five percent (55%) granted for years one (1) through five (5) and one-half;(1/2)� of the
total exemption, or twenty-seven and one half percent (27.5%), granted for years six (6) through ten
(10).
Section 9. The amount of property taxes not exempted or equivalent payments in lieu of such
taxes shall be paid annually to the County Treasurer. The County Treasurer shall distribute the
payments to affected taxing jurisdictions according to the provisions of K.S.A. 12-148. Fdilure,of the
applicant to fully make such payment when due shall be deemed grounds for the revocation iof the
Exemption.
Section 10. The applicant shall be responsible for filing the appropriate tax exemptio
forms as required by law.
Section 11. The applicant shall submit an annual report as required by the City of:Sal
Exemption Policy by January 15 of each year for as long at the exemption remains in effect. '
Section 12. The Governing Body shall have the right to revoke the Exemption for fai
comply with the terms and conditions of this ordinance or the provisions of the City of !Salii
Exemption Policy.
Section 13. Summary of ordinance for publication. This ordinance shall be published
following summary:
Ordinance No. 15-10764 Summary
On February 2, 2015, the City of Salina, Kansas, passed Ordinance No. 15-107,64.
The ordinance grants a property tax exemption to- Twin Oaks Industries, Inc. on a
recently completed building expansion at 2001 West Grand Avenue. A complete
copy of the ordinance is available at www.salina-ks.gov or in the office of the city
clerk, 300 W. Ash Street, free of charge. This summary is certified by the city
attorney.
Section 15. Effective Date. This ordinance shall be in full force and effect from and
adoption and publication by summary once in the official city newspaper.
Introduced: ebr
J uary 26, 2015
Passed uary 2, 2015
(SEAL)
ATTEST:
6'-' KJan
Shan i Wicks, CMC, City Clerk
ron K. H4seholter, Mayor
claim
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Certifi t' of Publication Summary:
s
Lire A. Bengt's n, City Attorney