95-9675 Ad Valorem Exemption(Published in The Salina Journal February l8 , 1995)
ORDINANCE NUMBER 95-9675
AN ORDINANCE EXEMPTING CERTAIN PROPERTY OWNED BY SP
PLASTICS MANUFACTURING, LOCATED AT 1648 WEST MAGNOLIA ROAD,
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 March 1,
1993 adoption of Resolution Number 93-4562 granting SP Plastics
Manufacturing exemption from ad valorem taxes for property to be located at
or about 1648 West Magnolia Road, 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 equipment ane
machinery purchased between March 1, 1993 and September 1, 1994 for facili
located on the following described property:
A tract of land lying in part of the Southeast Quarter
(SE/4) of Section Twenty-seven (27), Township Fourteen
(14) South, Range Three (3) West of the Sixth Principal
Meridian, known as part of Block Twenty-four (24)
Schilling Addition to the City of Salina, Saline County,
Kansas, and being more particularly described as follows:
From the Southeast corner of said Southeast Quarter
(SE/4), thence North zero degrees fifty minutes fifteen
seconds East (N.00 -50'15"E.) along the East line of said
Southeast Quarter (SE/4) a distance of three hundred
sixty-three and ninety-three hundredths feet (363.93') to
the point of beginning, said point of beginning being a
point on the North line of a drainage right-of-way; Thence
South fifty-one degrees fifty-seven minutes thirty-six
seconds West (S.51°57'36"W.) along said North line a
distance of four hundred sixty-one and one hundredth feet
(461.01') to the North right-of-way line of Magnolia road;
Thence North eighty-eight degrees twenty-nine minutes five
seconds West (N.88'29'05"W.) along said North right-of-way
line a distance of three hundred fifteen and seventeen
hundredths feet (315.17'); Thence North forty-one degrees
twenty-six minutes five seconds West (N.41'26'05"W.) along
said North right-of-way line a distance of one hundred
fifty-three and fifty-one hundredths feet (153.51') to the
East right-of-way line of Centennial Road; Thence North
zero degrees six minutes fifty-three seconds West
(N.00006'53"W.) along said East right-of-way line a distance
of five hundred thirty-eight and seventy-one hundredths
feet (538.71'); Thence South eighty-nine degrees forty-six
minutes fifty-four seconds East (S.89°46'54"E.) parallel
with the South line of said Southeast Quarter (SE/4) a
distance of seven hundred eighty-six and thirty hundredths
feet (786.30') to the East line of said Southeast Quarter
(SE/4); Thence South zero degrees fifty minutes fifteen
seconds West (S.00°50'15"W.) along said East line a distance
of three hundred seventy-five and ten hundredths feet
(375.10') to the point of beginning.
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%) 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 1995, with the total exemption due (one
hundred percent) (100%) granted for years one (1) through five (5) and
one-half (1/2) of the total exemption due (fifty percent) (507.) 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. Failure of
the applicant to fully make such payment when due shall be deemed grounds
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
from and after its adoption and publication once in the official city
newspaper.
( SEAL)
ATTEST:
Jud D. ong, City Irk
Introduced: February 6, 1995
Passed: February 13, 1995
osePA. Warner Mayor �Mayo