97-9781 Ad Valorem(Published in The Salina Journal January ILO, 1997)
ORDINANCE NUMBER 97-9781
AN ORDINANCE EXEMPTING CERTAIN PROPERTY OWNED BY ADM
MILLING COMPANY, LOCATED AT 850 EAST PACIFIC AVENUE, SALINA,
KANSAS, FROM AD VALOREM TAXATION AND PROVIDING FOR CERTAIN IN
LIEU OF TAX PAYMENTS.
BE IT ORDAINED by the Governing body of the City of Salina,
Kansas:
Section 1. That. the governing body hereby ratifies its July
10,1995 adoption of Resolution Number 95-4886 granting ADM Milling Company
exemption from ad valorem taxes for property to be located at or about 850
East Pacific Avenue, Salina, Kansas, under terms of the City of Salina Tax
Exemption Policy and the conditions set out herein, 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 July 10,
1995 and December
16, 1996
for facilities located on the
following described property:
Lot One (1) , Block One (1) , ADM Addition, City of Salina,
Saline County, Kansas.
The above described tract contains 11.52 acres, more or
less.
Section 3. The governing body finds and makes a factual
determination that the exemption herein granted for tangible personal
property is required to retain -jobs in the State of Kansas.
Section 4. 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 5. That the tax exemption granted shall be one hundred
percent (100.0%) of the taxes due on the qualified property.
Section 6. That the tax exemption shall be for a term of ten (10)
years commencing with tax year 1997, with the total exemption due (one
hundred percent) (100.0%) granted for years one (1) through five (5) and
one-half (1/2) of the total exemption due (fifty percent) (50.0%) granted for
years six (6) through ten (10) .
Section 7. 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.
re of the applicant to fully make such payment when due shall be deemed
rounds for the revocation of said tax exemption.
Section 8. 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 9. 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 10. 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 11. That this ordinance shall be in full force and effect
I from and after its adoption and publication once in the official city
newspaper.
(SEAL)
ATTEST:
,In�
�-
. L CMC, Cit Clerk
Introduced: January 6, 1997
Passed: January 13, 1997
Ev n Maxwell, Mayor