18-7512 Old Chicago Transferee Agreement RESOLUTION NO. 18-7512
RESOLUTION APPROVING THE OLD CHICAGO TRANSFEREE AGREEMENT
AND AUTHORIZING THE MAYOR TO EXECUTE THE OLD CHICAGO
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TRANSFEREE AGREEMENT
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y WHEREAS, the City of Salina, Kansas (the "City"), desires to promote, stimulate and develop the
general welfare and economic prosperity of the City and its inhabitants and thereby to further promote,
stimulate and develop the general welfare and economic prosperity of the State of Kansas; and
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WHEREAS, pursuant to K.S.A. 12-1770 et seq the City is authorized to create a Redevelopment
District within an eligible area of the City; and
WHEREAS, pursuant to Ordinance No. 15-10775 adopted by the City Commission on June 1, 2016
and published June 5, 2016, the City established a Redevelopment District known as the Salina Downtown
Redevelopment District to promote, stimulate and develop the general and economic welfare of the state of
Kansas and the City as a major commercial entertainment and tourism area; and
WHEREAS, pursuant to K.S.A. 12-17,160 et seq. the City is authorized to create a STAR bond
project district within an eligible area of the City; and
WHEREAS, pursuant to Ordinance No. 15-10776 adopted by the City Commission on June 1, 2015
and published June 5, 2015, the City established a STAR bond project district known as the Salina STAR
Bond Project District to promote, stimulate and develop the general and economic welfare of the state of
Kansas and the City as a major commercial entertainment and tourism area; and
WHEREAS, the City entered into a Development Agreement dated January 23, 2017 (the
"Development Agreement") with Salina 2020, Inc., a Kansas corporation (the `Master Developer"), which
contemplated the execution of certain transferee agreements with the specific developers of certain projects;
and
WHEREAS, the Transferee Agreement (the "Old Chicago Transferee Agreement") for the
development of an approximately 8,300 square foot restaurant has been negotiated with Samys OC, LLC, a
Kansas limited liability company (the "Old Chicago") and the Master Developer and is being presented for
approval by the governing body.
NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF
SALINA,KANSAS,AS FOLLOWS:
Section 1. Approval and Execution of Old Chicago Transferee Agreement. The governing body
of the City hereby approves the Transferee Agreement in substantially the form presented to and reviewed by
the governing body of the City(copies of which documents, upon execution thereof, shall be filed in the office
of the City Clerk), with such changes therein as shall be approved by the officers of the City executing the
Transferee Agreement, such officers' signatures thereon being conclusive evidence of their approval thereof.
The Mayor and City Clerk are hereby authorized to execute and deliver the Old Chicago Transferee
Agreement.
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Section 2. Further Authority. The City shall, and the officers,employees and agents of the City
are hereby authorized and directed to, take such action, expend such funds and execute such other documents,
certificates and instruments as may be necessary or desirable to carry out and comply with the intent of this
Resolution.
Section 3. Effective Date. This Resolution shall take effect and be in full force immediately after its
adoption by the governing body of the City.
ADOPTED this 12th day of January, 2018.
CITY OF SALINA, KANSAS
By: c(741--k
[SEAL] Karl F. Ryan, Mayor
ATTEST:
Shandi Wicks, CMC, City Clerk
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