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18-10978 Extending Effective Date of TIF Project Plan (Published in The Salina Journal on SCOem'oerA , 2018) ORDINANCE NO. 18-10978 AN ORDINANCE AMENDING ORDINANCE NO. 16-10857 TO EXTEND EFFECTIVE DATE TO OCTOBER 1,2019. WHEREAS, pursuant to K.S.A. 12-1770 et seq. (the "Act"), the City of Salina, Kansas (the "City") c. is authorized to create a Redevelopment District within an eligible area of the City for certain purposes set N forth in the Act: and WHEREAS, pursuant to Ordinance No. 15-10775 adopted by the City Commission on June I, 2016 and published June 5. 2016 (the "District Creation Ordinance"), the City established a Redevelopment District known as the Salina Downtown Redevelopment District (the "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 the Act and after proper notice, the City adopted Ordinance No. 16-10857 and published on February 5, 2017 (the "TIF Project Plan Ordinance") approving the Tax Increment Financing Redevelopment Project Plan dated June 21, 2016 (the "Project Plan") with such TIF Plan Ordinance having an effective date of October 1, 2018; and WHEREAS, the master developer has requested that the effective date of the TIF Project Plan Ordinance be delayed until October 1, 2019. NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF SALINA, KANSAS: Section 1. The Governing Body hereby approves the extension of the effective date of the TIF Project Plan Ordinance to October 1, 2019. Section 2. This Ordinance shall take effect and be in force from and after its passage by a 2/3 vote of the Governing Body and its publication by summary once in the official newspaper of the City. Introduced: September 17, 2018 Passed: September 17, 2018 qo, Karl F. Ryan, Mayor (SEAL) A lisonlison Stu ity Clerk 1 4