Guild Certificates of Deposity
S o
T
Mr. Bob Biles
City Comptroller
City- County Building
300 West Ash
Salina, Kansas 67401
Ms. Gail Magathan
Bank IV Salina, N.A.
P.O. Box 860
Salina, Kansas 67402 -0860
saline community
May 31, 1990
theatre
0
Re: Salina Theatre Guild Certificates of Deposit
Dear Bob and Gail:
This correspondence will confirm my
with Jackie in Bob's office of this
conference with you, Gail, regarding the
two Certificates of Deposit, which were e
Salina, Kansas, on March 6, 1990, for
Theatre renovation and addition project.'
telephone conversation
date, and my office
Salina Theatre Guild's
ssigned to the City of
the Salina Community
With Bob's letter, I enclose the following:
(1) The original assignment, separate from
certificate, by which the Salina Theatre Guild assigned the
two Certificates of Deposit, No. 34728 at Peoples Heritage
Federal Savings and Loan Association, maturing May 21, 1990,
and No. 26152 issued by Bank IV Salina, N.A., maturing
July 3, 1990, to the City; and
(2) Bank IV "s Cashier's Check No. 168464, dated
May 31, 1990, in the sum of $2,939.42, which is in complete
payment of all principal and interest due as of this date
under Peoples Heritage Certificate No. 34728.
You will note that the Cashier -s Check is made payable to
the City of Salina and the Salina Theatre Guild. The check has
been negotiated on behalf of .;the Salina Theatre Guild by
Barbara A. Hauptli, Treasurer. This check is being delivered to
Cr
0
X
N
W
0
ED
N
W
3
m
Y
Ol
dl
01
N
M
V
0
N
lu
w
0
01
Yi
W
M
N
V
1
M
Nf
M
Mr. Bob Biles
Ms. Gail Magathan
May 31, 1990
Page 2
you for deposit into the City's general fund's sub - account for
the Salina Community Theatre project.
The second. CD that has been transferred to the City,
No. 26152, issued by Bank IV, does not mature until July 3, 1990.
Any negotiation of that Certificate of Deposit prior to maturity
date will result in the imposition of penalties.
We have asked you, Gail, to cause that Certificate of
Deposit to be reissued in the name of the City, effective
March 6, 1990, pursuant to the terms of the enclosed Assignment,
separate from certificate. The City would then be in a position
to cash in that Certificate of Deposit at maturity without
penalty.
Additionally, since the entire principal and interest under
both of these Certificates of Deposit will be paid to the City,
we have asked Gail to cause any Form 1099 to be issued to the
City, as the owner of the CDs, under the City's tax
identification number, 48- 6017228.
Should either of you have any questions, please do not
hesitate to contact me.
Very truly ur ,
/SA A COMM I Y HEATRE
an Sexton, President
of Directors
JSS /cm
Enclosures
CC: Mrs. Dorothy Lynch
Vice - president of Board
1855 Valley View Drive
Salina, Kansas 67401
Mr. Lloyd Davidson
Finance Committee Chairperson
1802 Hillcrest Lane
Salina, Kansas 67401
Mr. Bob Biles
Ms. Gail Magathan
May 31, 1990
Page 3
CC, Mr. Charles Kephart
Managing Director
Salina Community Theatre
P.O. Box 2305
Salina, Kansas 67402 -2305
Mrs. Patti D "Albini Gust
President - Salina Theatre Guild
537 East Kirwin
Salina, Kansas 67401
Mrs. Barbara A. Hauptli
Treasurer - Salina Theatre Guild
110 Overhill Road
Salina, Kansas 67401
ASSIGNMENT
TO: City of Salina
City- County Building
300 West Ash
Salina, Kansas 67401
For value received, I /we, the undersigned, hereby assign all my /our
rights, title and interest in and to the following to the City of
Salina, City- County Building, 300 West Ash, Salina, Kansas 67401: -
CD No. 34728,
Current Balance
1
CD No 26A52,
Current Balance
Peoples Heritage (Maturing 05/21/90),
$2,823.19
Rsep s Xe*4t-age
$16,518.08
(Maturing 07/03/90),
CDs are in the name of Salina Theatre Guild
DATE: /'A'�LC-4--) �� / P PU
SALINA THEATRE GUILD
By'
Title:
WIN
ASSIGNMENT IS ACKNOWLEDGED AND ACCEPTED this %day of
1990.
MARY PUBIS • SWh at Kansas
JUR!! W T
My Appt. Exp.
BANK IV, SALINA, KANSAS
City of Salina 017943
P.O. Box 736
I ' Salina, Kansas 67402 -0736 6/04/9 RECEIPT NO 1794
DESCRIPTION AMOUNT
16.518.08
C D #26152 TRANSFER
TOTAL 16 518.08
TENDERED 16518.08
CHANGE .00
RECEIVED FROM: SALINA THEATRE GUILD RECEIVED BY: CC
ORIGINAL RECEIPT
\�
W
�\
� q
O 'O
� Q
U
�
S
� \
� Q
b
1 I
�
\
S
�s �
�
�
�
�
�
v
�
\�
W
�\
City of Salina
P.O. Box 736
Salina, Kansas 67402 -0736
017906
6/04/9 RECEIPT NO. 1790
ORIGINAL RECEIPT
City of Salina
P.O. Box 736
Salina, Kansas 67402 -0736
I � 1
DESCRIPTION
CD 26152 INTEREST
CHECK NUMBER 0000171482
021151
7 / 10/ 9 RECEIPT N0. 21152
TOTAL
TENDERED
CHANGE
RECEIVED FROM: COMM THEATRE CD RECEIVED BY: CC
AMOUNT
16;518.08
16;518.08
16;518.08
.00
City of Salina
P.O. Box 736
Salina, Kansas 67402 -0736
DIILIIIII �
CD 26152 INTEREST
CHECK NUMBER 0000171482
021152
71/10/90 RECEIPT NO. 21153
AMOUNT
1.035.10
TOTAL 1;035.10
TENDERED 1,035.10
CHANGE .00
RECEIVED FROM: COMM THEATRE CD RECEIVED BY: CC
/ //
/Y4nS Ce cTi oy�
Ca S
7// — —
Oo /
711 000 -
S9v
42u0
/V4`r54LY' /Oh � Z
oo/ 000 035. /G
S4v 000 o35. /U
City of Salina
pro'` P.O. Box 736
Salina, Kansas 67402 -0736
1 � 1
021548
7/24/90 RECEIPT NO. 2154
DESCRIPTION AMOUNT
15,000.00
KS ARTS GRANT
CHECK NUMBER 0000000130
TOTAL 15 000.00
TENDERED 151000.00
CHANGE .00
RECEIVED FROM: SA COMMUNITY THEATRE RECEIVED BY: CC