Loading...
2399 Approving Bonds1 1 1 1 D - - ORDINANCE NO. 2399 (Pub.l.i.she_d in -The Salina--B-vening Journal July 1921) An ordinance relating to the taking, accepting and approv- ing of certain bonds in the City of Salina. BE IT ORDAINED by the Board of Commissioners of the City. - 0 ity.of balina: Section�l. That all bonds -for the use., benefit or protection of the.City of Salina, required to be taken by the statutes of the State and by the ordinances of the City and by resolution of.the Board of,Commissioners of said City from any person or corporation to secure the faithful performance of any contract with the City, or to indemnify the City against loss, damage or liability growing out of any contract with the City, or out of the issuance of any license or permit by the City where a bond is required, shall be signed and executed as surety by some surety company holding Certificate of Authority from the Secretary of the Treasury under Acts of Congress as acceptable surety-on,Federal_Bonds and lawfully doing busi- ness in the State of.Kansas and maintaining a local agent in the City of Salina, and that no bond not countersigned by the Company's local agent in the City of Salina and / or for an amount in excess of the limit for which the surety may be accepted on any one Federal Bond will be accepted and approved by the Board of Commissioners of said City. Section 2. That all bonds required of contractors for public improvements shall be signed and executed as surety by some surety company holding Certificate of Authority from the Secretary of the Treasury under Act's of Congress as acceptable surety on Federal Bonds and lawfully doing busi- ness in the State of Kansas and maintaining a local agent in the City of Salina, and that no bond not countersigned by the Comp anyls local agent in the City of Salina and / or for an amount in excess of the limit for which the surety may be accepted.on any one Federal Bond will be accepted and approved -by the Board of Commissioners. Section 3. All bonds herein provided for shall be signed and executed by the party or parties from whom such bonds are required in addition to the sureties on said bonds, and ex- cept where otherwise provided by law the said bonds shall be made to the City of Salina. Section 4. A1.1 bonds herein provided for.shall be submitted to and approved by the City Attorney; and after such approval by the.City Attorney such bonds shall be ap- proved by the Board of Commissioners. Section 5. `.I'hi.s ordinance shall take effect and be in full force from and after its publication once in the offi- cial paper. Passed -and approved, July 18th, 1921. ( SEAL ) F. S. Dyar, ' @ttest: Mayor Chas. E.'Banker, C ty Clerk. STATE OF KANSASi ) SS. COUNTY OF SALINE ) I, Chas.•E.'Banker, City Clerk of the City of Salina. Kansas, do hereby certify that the above and foregoing is a true and correct copy;.of Ordinance No. 2399 passed by the Board of Commissioners and approved by the Mayor of the City of Salina, Kansas, July 18th, 1921; and a record of the vote on its final adoption is found on Page j fo of Journal Into. 9. Said ordinance was published in The Sali- na Evening Journal July 2 1921. City Clerk. 1 1 1 1 1 6 (rublished in Whe Salina Evening Journal July ,1 1921) ORDINANCE NO. 2399 An ordinance relating to the taking, accepting and approv- ing of certain bonds in the City of Salina. BE IT ORDAINED by the Board of Commissioners of the City of Salina; Section 1. That all bonds for the use, benefit or protection of the City of Salina, required to be taken by the statutes of the State and by the ordinances of' the City and by resolution of the Board of Con issioners of said city from any person or corporation to secure the faithful performance of any contract with the City, or to indemnify the City against loss, damage or liability growing out of any contract with the City, or out of the issuance of any license or permit by the City where a bond is required, shall be signed and executed as surety by some surety company holding Oertificate of Authority from. the Secretary of the Treasury under Acts of Congress as acceptable surety on Federal Bonds and lawfully doing business in the State of Kansas and maintaining a local agent in the City of Salina, and that no bond not counter- signed by the Company's local agent in the City of Salina and / or for an amount in excess of the limit for which the surety may be accepted on any one Federal Bond will be accepted and approved by the Board of Commissioners of said City. Section 2. That all bonds required of contractors for public improvements shall be signed and executed as surety by some surety company holding Certificate of Auth- ority from. the Secretary of the Treasury under Acts of Congress as acceptable surety on Federal Bonds and law- fully doing business in the State of Kansas and maintain- ing a local agent in the City of Salina, and that no bond not,.countersigned by the Company's local agent in the City 4` r of Salina and / or for an amount in excess of the limit for which the surety may be accepted on any one Federal Bond will be accepted and approved by the Board of Commis- sioners of said City. Section 3. All bonds herein provided for shall be; signed and executed by the party or parties from whom such bonds are required in addition to the sureties on said bonds, and except where otherwise provided by law the said bonds shall be made to the City of Salina. Section 4. All bonds herein provided for shall be submitted to and approved by the City Attorney; and after such approval by the City Attorney such bonds shall be approved by the Board of Commissioners. Section 5. This ordinance shall take effect and be in full force from and after its publication once in the official paper. Passed and approved, July 18th, 1921. O yon Attests City Clerk..