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18-10946 Commencement of CID Sales Tax (Downtown Hotel CID) (Summary published in The Salina Journal on June 30 . 2018.) • (Published on the City of Salina's website from June 26 to July 10, 2018.) ORDINANCE NO. 18-10946 AN ORDINANCE AMENDING ORDINANCE NO. 16-10865 OF THE CITY OF SALINA, KANSAS, TO COMMENCE A COMMUNITY IMPROVEMENT DISTRICT SALES TAX ON OCTOBER 1,2019 (DOWNTOWN HOTEL CID). WHEREAS, K.S.A. 12-6a26 et seq. (the"Act")authorizes the governing body of any city or county to create community improvement districts to finance projects within such defined area of the city or county and to levy a community improvement district sales tax upon property within the district to finance projects; and WHEREAS, pursuant to a petition filed with the City Clerk on August 25, 2016 (the "Petition") and other proceedings of the City duly held in accordance with the Act, the Governing Body of the City of Salina, Kansas (the "City") passed and published Ordinance No. 16-10865 authorizing the projects described in the Petition, creating The Downtown Hotel Community Improvement District (the "District"), and imposing a 1.0% community improvement district sales tax (the "CID Sales Tax") to commence on October 1, 2018 or such other date as the Governing Body of the City sets by ordinance; and WHEREAS, Lighthouse Properties III, Inc., a Kansas corporation, successor in interest to the petitioner, has requested that the Governing Body of the City commence the CID Sales Tax on October 1, 2019. NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF SALINA, KANSAS: SECTION 1. Amendment. Section 3(a) of Ordinance No. 16-10865 is hereby amended to read as follows: Section 3. Method of Financing. (a) The costs of the Projects will be financed with the CID Sales Tax levied pursuant to the provisions of the Act and reimbursed on a pay-as-you-go basis, as defined in the Act. The CID Sales Tax is hereby imposed at the rate of 1.0% on the sale of tangible personal property at retail or rendering or furnishing services which are taxable pursuant to the Kansas Retailers' Sales Tax Act (K.S.A. 79-3601 et seq.) within the District with such CID Sales Tax to commence on October 1, 2019 or such other date as the governing body of the City sets by ordinance and continue for a period of twenty-two (22) years. SECTION 2. Ratification. Ordinance No. 16-10865 is hereby ratified and shall remain effective as amended above. SECTION 3. Effective Date. This Ordinance shall take effect and be in full force from and after its passage by the Governing Body of the City and publication once in the official City newspaper. [BALANCE OF PAGE INTENTIONALLY LEFT BLANK] PASSED by the Governing Body on this 25i° day of June, 2018 and APPROVED AND SIGNED by the Mayor. ICITY OF SALINA, KANSAS rn 6 qcz WBy. yKarl F. Ryan, Mayo _ [SEAL] ATTEST: rade. toga andi Nicks, CMC, City Clerk APPROVED AS TO FORM: Greif Bengtson •Attorney 407 I I