SB 280--Am. by H
As Amended by House Committee
As Amended by Senate Committee
Session of 1997
By Committee on Commerce

12 AN ACT concerning tax increment financing; amending K.S.A. 1996 13 Supp. 12-1773 and repealing the existing section. 14 15 Be it enacted by the Legislature of the State of Kansas: 16 Section 1. K.S.A. 1996 Supp. 12-1773 is hereby amended to read as 17 follows: 12-1773. (a) Any city which has adopted a redevelopment plan 18 in accordance with the provisions of this act may purchase or otherwise 19 acquire real property. Upon a 2/3 vote of the members of the governing 20 body thereof a city may acquire by condemnation any interest in real 21 property, including a fee simple title thereto, which it deems necessary 22 for or in connection with any redevelopment plan of an area located 23 within the redevelopment district. However no city shall exercise such 24 eminent domain power to acquire real property in a conservation area. 25 Any such city may exercise the power of eminent domain in the manner 26 provided by K.S.A. 26-501 et seq., and amendments thereto. In addition 27 to any compensation or damages allowed under the eminent domain pro- 28 cedure act, such city shall also provide for the payment of relocation 29 assistance as provided in K.S.A. 12-1777, and amendments thereto. 30 (b) Any property acquired by a city under the provisions of this act 31 may be sold or leased to any person, firm or corporation, hereinafter 32 referred to as a developer, in accordance with the redevelopment plan 33 and under such other conditions as may be agreed upon. Such city may 34 use the proceeds of special obligation bonds issued under K.S.A. 12-1774, 35 and amendments thereto, or full faith and credit tax increment bonds 36 issued under K.S.A. 12-1774, and amendments thereto, or any uncom- 37 mitted funds derived from those sources set forth in paragraph (1) of 38 subsection (a) of K.S.A. 12-1774, and amendments thereto, to implement 39 the redevelopment plan including, without limitation: 40 (1) Acquisition of property within the project area; 41 (2) payment of relocation assistance; 42 (3) site preparation; 43 (4) sanitary and storm sewers and lift stations; SB 280--Am. by H

 1    (5)  drainage conduits, channels and levees;
 2    (6)  street grading, paving, graveling, macadamizing, curbing, gutter-
 3  ing and surfacing;
 4    (7)  street lighting fixtures, connection and facilities;
 5    (8)  underground gas, water, heating, and electrical services and con-
 6  nections located within the public right-of-way;
 7    (9)  sidewalks and pedestrian underpasses or overpasses;
 8    (10)  drives and driveway approaches located within public right-of-
 9  way;
10    (11)  water mains and extensions;
11    (12)  plazas and arcades;
12    (13)  parking facilities;
13    (14)  landscaping and plantings; fountains, shelters, benches, sculp-
14  tures, lighting, decorations and similar amenities; and
15    (15)  all related expenses to redevelop and finance the redevelopment
16  project.
17  None of the proceeds from the sale of such bonds shall be used for the
18  construction of buildings or other structures to be owned by or to be
19  leased to such developer, except for proceeds of such bonds as may be
20  issued under subsection (a)(1)(D) of K.S.A. 12-1774, and amendments
21  thereto and except for proceeds of such bonds as may be issued for
22  a redevelopment district including some or all of the land and
23  buildings comprising a state mental institution closed pursuant to
24  section 2 of chapter 219 of the 1995 Session Laws of Kansas.
25    Sec. 2.  K.S.A. 1996 Supp. 12-1773 is hereby repealed.
26    Sec. 3.  This act shall take effect and be in force from and after its
27  publication in the statute book Kansas register.