First published in The Gardner News Wednesday, March 30, 2022

NOTICE OF PUBLIC HEARING ON
ISSUANCE OF INDUSTRIAL REVENUE BONDS

Public notice is hereby given that the governing body of the City of Olathe, Kansas (the “City”), will conduct a public hearing on Tuesday, April 19, 2022 at 7:00 p.m., or as soon thereafter as may be heard, at Olathe City Hall, 100 East Santa Fe, Olathe, Kansas, in regard to the proposed issuance by the City of its industrial revenue bonds in a principal amount of not to exceed $2,200,000 and in regard to an exemption from ad valorem taxation for property constructed or purchased with the proceeds of such bonds.

The bonds are proposed to be issued under authority of K.S.A. 121740 et seq., as amended, to provide funds for acquiring, purchasing, constructing, installing and equipping an approximately 15,800 square foot facility to be located 15410 S Mahaffie Street in Olathe, Kansas. The City intends to base lease the facility and further intends to lease the facility to Griswold Industries, a California corporation, or its successors and assigns.

The applicant has requested a 10-year, approximately 50% property tax abatement for the property constructed or purchased with the proceeds of the bonds. This abatement request complies with the City’s tax abatement policy.

A copy of this Notice, together with a copy of the resolution of intent previously adopted by the City indicating the intent of the governing body of the City to issue the bonds, and a report analyzing the costs and benefits of such property tax exemption, are on file in the office of the City Clerk and available for public inspection during normal business hours.

All persons having an interest in this matter will be given an opportunity to be heard at the time and place above specified.

Dated March 30, 2022.

Brenda Long
City Clerk of the City of Olathe, Kansas
100 East Santa Fe
Olathe, Kansas 66061