ARTICLE 9. REVENUE, FINANCE & COMMUNITY DEVELOPMENT
The following are designated as main trafficways of the city pursuant to K.S.A. 12-685
(a) frontage road south of and along U.S. Highway 54 located within the limits of the City; and
(b) 183rd Street West, located within the limits of the City.
(K.S.A. 12-685; Ord. 700; Ord. 723)
The levy and imposition of the Sales Tax and application of (1) 75% of such tax to pay the costs of City capital improvements and infrastructure; and (2) 25% of such tax to general property tax relief in the City, is hereby authorized, with collection of the Sales Tax to commence on January 1, 2015.
(K.S.A. 12-187 et seq.; Ord. 756)
The governing body has imposed the Goddard Olympic Park CID Sales Tax within the CID in an amount of one percent (1.00%) on the selling of tangible personal property at retail or rendering or furnishing services taxable pursuant to the Kansas retailers’ sales tax act within the CID, with such CID Sales Tax to commence on January 1, 2020, or any other date hereafter requested by the developer of the Project. Such CID Sales Tax shall remain in effect for the earlier of (i) the maximum period provided by law or (ii) such period as may be required for payment from CID Sales Tax revenues of the maximum amount of costs approved for Project described in related ordinances.
(K.S.A. 12-6a26 et seq.; Ord. 759; Ord. 773; Ord. 826)
The Governing Body has created a transportation development district within the City (the “Transportation District”). The legal description of the property in the Transportation District is Lots 1, 2, 3, 4 and 5, Block A, Goddard Aquatic Center Addition, City of Goddard, Sedgwick County, Kansas.
In order to provide funds to finance the costs of the Projects, a Transportation District sales tax shall be imposed within the Transportation District in an amount of 0.5% on the selling of tangible personal property at retail or rendering or furnishing services within the Transportation District (the “Sales Tax”). The collection of the Sales Tax shall commence on January 1, 2020, or any other date hereafter requested in writing by the developer of the Goddard Aquatic Center Addition.
(K.S.A. 12-17,140 et seq.; Ord. 827)
The library mill levy is hereby limited to3.000 mills on each dollar of assessed valuation of the city.
(Ord. 853)
(a) Development Agreement Required. Except for monuments and underground wiring, no final plat shall be approved until the owners and/or subdivider have entered into a written development agreement with the City providing that all improvements required by these regulations shall be installed at the developer's sole expense, in accordance with approved plans and specifications, within the time prescribed by the City Code and the City's subdivision regulations. The agreement shall be conditioned upon approval of the final plat.
(b) Financial Guarantees. Simultaneously with the execution of the agreement, the subdivider shall furnish one of the following financial guarantees to the City, in a form approved by the City Attorney:
(1) A corporate completion bond issued by a surety authorized to do business in Kansas;
(2) A cashier's check or escrow account in favor of the Governing Body; or
(3) An irrevocable letter of credit in favor of the Governing Body.
The guarantee shall be in an amount equal to the engineer's estimate of the cost of required improvements, as approved by the City Engineer, and shall remain in force until all such improvements are completed and accepted by the City.
(c) Petition Method. In lieu of a performance guarantee, the developer may submit valid petitions under K.S.A. 12-6a01 et seq. to the Governing Body for installation of improvements through the special assessment and temporary note/bond process, provided:
(1) The City Engineer concurs in said petitions and the Governing Body accepts them at the time following plat approval;
(2) The Governing Body adopts the initiating resolution concurrently with petition approval or as soon thereafter as provided by law;
(3) Publication costs of the resolution shall be borne by the subdivider;
(4) The developer shall pay an administrative fee equal to five percent (5%) of the true and actual design and construction costs of each phase of the improvements, such fee to be collected upon completion of the assessment proceedings for that phase.
(d) Additional Letter of Credit Requirement. When the petition method is used, the developer shall furnish an irrevocable letter of credit equal to thirty-five percent (35%) of the estimated total improvement cost. The letter of credit shall remain in force until released by the City Administrator or his or her representative. Release shall occur when certificates of occupancy have been issued for fifty percent (50%) of the homes within that phase of the development, or upon such other terms as the Governing Body may approve.
(Ord. 1016; Ord. 1020)
(a) Oversizing Authorized. If the City determines it is in the City's interest to increase or oversize public improvements beyond what is required and necessary to serve property within a development, because such oversizing is essential for long-term growth, the Governing Body may direct such oversizing.
(b) Interim Financing. The cost of such increase or oversizing may initially be borne by the City at large until such time as future developments petition to connect to or otherwise benefit from the oversized improvements.
(c) Benefit Fees for Future Developments. At the time of connection or petition, the City Engineer shall determine the fair and reasonable cost to be assessed against the benefitting development. Pursuant to K.S.A. 12-6a19, such cost shall not exceed the amount of the assessment, including principal and interest, which would have been levied against the property in the future development had it been included in the original improvement district. This cost shall be imposed as a benefit fee and may be collected in the same manner as special assessments for other improvements serving the property.
(d) Application of Benefit Fees. Benefit fees collected under this section shall be applied first to reimburse the City's general bond and interest fund for costs of oversized improvements borne by the City at large, and thereafter to retire remaining principal and interest on bonds issued to finance the improvements. Application of such benefit fees shall result in pro rata reduction of the assessments against property originally included in the improvement district.
(e) Allocation of City Contribution. If, during the bidding of contracts and the sale of general obligation temporary notes or bonds, it is determined that the cost of improvements, including the oversize, are less than what was estimated and borrowed for the improvements, without the oversize, the City may reduce or remove, in whole or in part, its city at large participation, so long as the financial obligation to the improvement district is not more than what it would have been for the improvements without the oversize.
(Ord. 1019)