RESOLUTION NO. 2036
A RESOLUTION AMENDING RESOLUTION NO. 2032 OF THE CITY OF GARDNER, KANSAS (WAVERLY PLAZA SPECIAL BENEFIT DISTRICT).
WHEREAS, pursuant to a petition (the “Petition”) filed with the City Clerk of the City of Gardner, Kansas (the “City”), the Governing Body of the City adopted Resolution No. 2032 on October 7, 2019, authorizing the creation of an improvement district (the “Improvement District”) pursuant to K.S.A. 12 6a01 et seq. and making certain findings with respect to the Improvement District;
WHEREAS, an amended petition (the “Amended Petition”) has been filed with the City Clerk which amends (i) the estimated or probable cost of the proposed improvements and (ii) the proposed apportionment of the cost between the Improvement District and the City-at-large; and
WHEREAS, the Governing Body finds the Amended Petition sufficient and finds it necessary to amend Resolution No. 2032 in a manner consistent with the Amended Petition;
NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF GARDNER, KANSAS:
SECTION 1. Section 1(b) of Resolution No. 2032 is hereby replaced in its entirety with the following:
(b) The maximum estimated or probable cost of the proposed Improvements is: $2,625,000, including the costs of issuance of temporary notes and long term bonds and the interest expense on temporary notes.
SECTION 2. Section 1(e) of Resolution No. 2032 is hereby replaced in its entirety with the following:
(e) The apportionment of the cost of the Improvements, between the Improvement District and the city at large, is: 74.40% to be assessed against the Improvement District, said assessments to be levied over a twenty (20) year term, and 25.60% to be paid by the city-at-large.
SECTION 3. This Resolution shall be published one time in the official City newspaper, and shall also be filed of record in the office of the Register of Deeds of Johnson County, Kansas.
ADOPTED by the Governing Body of the City of Gardner, Kansas, on November 18, 2019.
CITY OF GARDNER, KANSAS