Kan. Stat. § 12-5244a

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 12-5244a - Creation of incentive districts in certain cities; limitations
(a) The governing body of any city that satisfies the definition of such term under K.S.A. 12-5242(a)(2), and amendments thereto, is hereby authorized to designate reinvestment housing incentive districts within such city subject to the limitations of this section. Such city shall be subject to the provisions of K.S.A. 12-5244 through 12-5252, and amendments thereto.
(b)
(1) The governing body of a city establishing a reinvestment housing incentive district under this section shall not:
(A) Designate more than 100 units within such district as for-sale units in one year or more than 100 units within such district as for-rent units in one year; and
(B) designate more than 50 units within such district associated with a single project as for-sale units in one year or more than 50 units within such district associated with a single project as for-rent units in one year.
(2) Units designated as for-sale units may be redesignated as for-rent units by the governing body if such units have not been sold within six months after the certificate of occupancy is granted.
(3) The governing body may designate for-sale and for-rent units for succeeding years as part of a proposed multi-phased, multi-year development plan adopted pursuant to K.S.A. 12-5246, and amendments thereto.
(c) The average size of each residence constructed per project within a reinvestment housing incentive district established under this section shall not exceed 1,650 square feet. The square footage shall be calculated excluding any garage area or other exterior area, such as porches, patios or unattached storage buildings.
(d) The provisions of this section shall be a part of and supplemental to the Kansas reinvestment housing incentive district act.

K.S.A. 12-5244a

Added by L. 2023, ch. 68,§ 1, eff. 5/4/2023.