NOTICE OF PUBLIC HEARING
AND OF
ISSUANCE OF TAXABLE INDUSTRIAL REVENUE BONDS
Public notice is hereby given that the City Commission of the City of Salina, Kansas (the "Issuer"), will conduct a public hearing on November 24, 2025 at 4:00 p.m., or as soon thereafter as may be heard at the City-County Building, 300 W. Ash, P.O. Box 736, Salina, KS 67402-0736 in regard to the issuance by the Issuer of its Taxable Industrial Revenue Bonds (A & B Tool & Machine Project), in a principal amount not to exceed $6,400,000 (the "Bonds") and in regard to an exemption from ad valorem taxation of property constructed or purchased with the proceeds of such Bonds. The Bonds are proposed to be issued by the Issuer under authority of K.S.A. 12‑1740 et seq., as amended, to pay the costs of the acquisition, construction and equipping of an industrial facility to be located at 3280 S. Ohio in the City of Salina. The Issuer further intends to lease such facility to A & B Tool & Machine, Inc., a Kansas corporation, or another legal entity to be formed by the principals of A & B Tool & Machine, Inc. (the “Tenant”). The governing body of the Issuer will not pass an ordinance authorizing the issuance of such revenue bonds until the public hearing has been concluded.
Notice is further given, in accordance with K.S.A. 12‑1744e, that the Issuer intends to issue the Bonds and lease the facility to the Tenant as set out above.
A copy of this Notice, together with a copy of the inducement resolution of the Issuer to be considered for adoption on November 24, 2025, indicating the intent of the governing body of the Issuer to issue such Bonds and a report analyzing the costs and benefits of such property tax exemption is on file in the office of the Clerk, or will be as soon as completed, and available for public inspection during normal business hours.
All persons having an interest in this matter will be given an opportunity to be heard at the time and place above specified.
Dated: November 6, 2025
CITY OF SALINA, KANSAS
Nikki Goding, Clerk