2009 House Bill 2324 enacts the Community Improvement District (CID) Act which enables financing of certain projects through special assessments or a CID sales tax. Eligible projects include the acquisition, construction, refurbishing and equipping of buildings, utility services, transportation facilities, streetscaping, landscaping, cultural amenities, lakes, waterways and more. Projects can be funded with general or special obligation bonds, or on a pay-as-you-go basis.

CID districts can be created in one of two ways. A city or county can create a CID without notice or a public hearing upon receiving a petition signed by all landowners in the proposed district, if financing only by assessments is requested and no general obligation bonds are to be issued.

A second petition method would allow financing through special assessments and a CID sales tax, as well as general obligation bonds of the municipality. Such a petition would need to be signed by owners of more than 55% by area of land and owners collectively owning more than 55% by assessed value of the land within the proposed district. Before creation of the CID, a public hearing must be held following proper notice being published.

This legislation is effective July 1, 2009.

A PDF of the legislation can be found here:
www.kslegislature.org/bills/2010/2324.pdf

If you have questions about the Community Improvement District Act, or would like to inquire about utilizing the new financing mechanism, feel free to contact us.

Downtown "WaterWalk" development in Wichita may try to utilize a Community Improvement District. Read more in Carrie Renger's Eagle blog...
blogs.kansas.com/haveyouheard/2010/01/06...est-city-assistance/

The City of Wichita recently provided a review of their Community Improvement District policy. The PDF/Powerpoint handout is available under our "Downloads" section at www.citycode.com/index.php?option=com_do...d=131&Itemid=170

The City of Lawrence recently provided a review of their Community Improvement District policy. The PDF handout is available under our "Downloads" section at www.citycode.com/index.php?option=com_do...d=131&Itemid=170

Wichita approves the policy mentioned above (with PDF info at www.citycode.com/index.php?option=com_do...d=131&Itemid=170)...

blogs.kansas.com/gov/2010/04/06/wichita-...ent-district-policy/

For some sample CID downloads, visit...
www.citycode.com/index.php?option=com_do...d=131&Itemid=170

Wichita city council sets hearings for three community improvement districts

www.kansas.com/2010/08/03/v-print/143059...lopers-ask-city.html


Three community improvement districts will go to September public hearings after the Wichita City Council signed on this morning.

The council set Sept. 14 hearings on the proposed Bowllagio development at Kellogg and Maize, the Central Park Place retail development around the new Lowe's at 2600 N. Maize Road and a Sav-A-Lot grocery store for the underserved in the Planeview district.