00-9967 Ad ValoremCans0liAB�BtlSa(ina
(Published in The Salina Journal February`', 2000)
ORDINANCE NUMBER 00-9967
AN ORDINANCE EXEMPTING CERTAIN PROPERTY OWNED BY POWER
AD COMPANY, INC., LOCATED AT 3344 SCANLAN AVENUE, SALINA, KANSAS,
FROM AD VALOREM TAXATION AND PROVIDING FOR CERTAIN IN LIEU OF TAX
PAYMENTS; AND REPEALING RESOLUTION NUMBER 98-5284.
BE IT ORDAINED by the governing body of the City of Salina, Kansas:
Section 1. That Power Ad Company, Inc., is granted exemption from ad valorem
taxes for property to be located at or about 3344 Scanlan 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. That the tax exemption shall only apply to buildings and improvements
constructed and equipment and machinery purchased between June 1, 1998 and December 1, 1999
for facilities located on the following described property:
A tract of land beginning at the southwest corner of Block One (1);
- thence East One Thousand Thirty (1,030) feet and North One Hundred
Eighty-eight (188) feet to the Point of Beginning;
- thence West Two Hundred and Fifty (250) feet;
- thence North Two Hundred and Fifty (250) feet;
- thence East Two Hundred and Fifty (250) feet;
- thence South Two Hundred and Fifty (250) feet to the Point of
Beginning, all in the Schilling Subdivision, of the City of Salina, Saline
County, Kansas.
The above described tract contains One and Forty-three Hundredths
(1.43) acres, more or less.
Section 3. That on June 1, 1998, the governing body conducted a public hearing on
the granting of the Exemption after publishing notice of the public hearing and notifying in writing
the affected taxing districts in accordance with K.S.A. 79-251(b).
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 portable scoring and press tables and signage
for sports facilities.
Section 5. The governing body finds that the exemption herein granted for tangible
personal property is required to retain jobs in the State of Kansas.
Section . That 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. That the tax exemption granted shall be Thirty-one and Five tenths percent
(31.5 %) of the taxes due on the qualified property.
Section 8. That the tax exemption shall be for a term of ten (10) years commencing
with tax year 2000, with the total exemption due (Thirty-one and Five tenths percent) (31.5 %)
granted for years one (1) through five (5) and one-half (1/2) of the total exemption due (fifteen
and seven and Sweventy-five Hundredths percent) (15.75%) granted for years six (6) through ten
(10).
Section 9. That 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 said payments to affected taxing jurisdictions according to the provisions of K.S.A. 12-
148. Failure of the applicant to fully make such payment when due shall be deemed grounds for
the revocation of said tax exemption.
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Section 10. That the applicant shall be responsible for filing the appropriate tax
exemption claim forms as required by the statutes of the State of Kansas.
Section 11. That the applicant shall submit an annual report as required by the City
of Salina tax exemption policy by January 15 of each year for as long at the exemption remains
in effect.
Section 12. The Board of Commissioners shall have the right to revoke this tax
exemption for failure to comply with the terms and conditions of this ordinance or the provisions
of the City of Salina Tax Exemption Policy.
Section 13. Resolution Number 98-5284 is hereby repealed.
Section 14. That this ordinance shall be in full force and effect from and after its
adoption and publication once in the official city newspaper.
Introduced: January 24, 2000
Yonte
February 7, 2000
(SEAL) Shadwick, Mayor
ATTEST:
R. Weber, Acting City Clerk