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(Published on Wichita.gov/legal notices on July 25, 2025) 100010701 ORDINANCE NO. 52-771 AN ORDINANCE MAKING AND FILING AN INCREMENT IN AD VALOREM TAXES FOR THE DOUGLAS & HILLSIDE REDEVELOPMENT DISTRICT, CITY OF WICHITA, KANSAS, FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2026, AND ENDING DECEMBER 31, 2026. WHEREAS, the City of Wichita, Kansas, has established a Redevelopment District designated as the Douglas & Hillside Redevelopment District under authority ofK.S.A. 12- 1770 et seq. of the State ofKansas; and, WHEREAS, the City has by ordinance adopted a redevelopment plan for the Douglas & Hillside Redevelopment District, the District being created in 2006; and, WHEREAS, the City found that the conditions defined in K.S.A. 12- 1770a ofthe State of Kansas did exist and therefore the increment in ad valorem taxes for the Douglas & Hillside Redevelopment District is collected on a yearly basis as defined in K.S. A. 12- 1770a of the State of Kansas; and, WHEREAS, the boundaries of the Douglas & Hillside Redevelopment District are described in Exhibit “ A” attached hereto; NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF WICHITA, KANSAS: SECTION 1. The City of Wichita, Kansas, has adopted a budget estimating $406,876 of increment funds in ad valorem taxes from the Douglas & Hillside Redevelopment District ( the current boundaries ofthe District are described in Exhibit “A” attached hereto). SECTION 2. In accordance with Section 1 hereof, the City of Wichita, Kansas, hereby estimates the increment to be collected from ad valorem taxes produced from property located within the Douglas & Hillside Redevelopment District at $406,876 for the year beginning January 1, 2026, and ending December 31, 2026. SECTION 3. The purpose of setting this increment is to pay the direct costs ofinfrastructure improvements within the Redevelopment District as defined in K.S. A. 12- 1770a, such costs being integral to the increased development and property valuation within the District, incurred between January 1, 2026 and December 31, 2026, including principal and interest due on special obligation bonds or full faith and credit tax increment bonds issued to finance in whole or in part operation and maintenance expenses and other expenses relating directly to infrastructure improvements within the Redevelopment District. The increment set herein is estimated based on assessment ofthe value of properties as reported by the Sedgwick County Appraiser’s Office. SECTION 4. That the Director of Finance ofthe City ofWichita, Kansas, is hereby directed to make proper certification ofthe increment estimated to be produced from ad valorem taxes that are to be levied in the Douglas & Hillside Redevelopment District to the County Clerk of Sedgwick County, Kansas, in conformity with and as provided by law. SECTION 5. This ordinance shall take effect and be in full force and effect from and after its passage and publication once in the official City paper. PASSED by the governing body of the City of Wichita, Kansas, this 22nd day of July 2025. EXHIBIT “ A” DESCRIPTION OF THE DOUGLAS & HILLSIDE REDEVELOPMENT DISTRICT ( TIF DISTRICT # 15) All property located in Wichita, Sedgwick County, Kansas, bounded on the south by Douglas Avenue, on the west by Hillside Avenue, on the north by 1’ Street North, and includes property adjacent to Rutan Avenue on the east. THE DOUGLAS & HILLSIDE REDEVELOPMENT DISTRICT (TAX INCREMENT FINANCING DISTRICT #15)
Post Date: 07/25 12:00 AM
Refcode: #IPL0257328 
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