1914 Issue Improvement Bonds1I AY
451
O R D I N A N C E N 0. 1914
(Published in the Salina Evening Journal January 2 , 1916.)
An ordinance providing for the issuance of Improvement Bonds of
the City of Salina, Kansas, in the sum of $47,952.35, to pay
the cost of improving certain streets in said -City.
WHEREAS, in pursuance to proceedings duly had according to
law, contracts have been let and performed for the paving, curbing,
guttering and excavating Baker Street, between the south line of Iron
Avenue and the north line of Walnut Street; Iron Avenue between the
west line of Penn Avenue and the west line of Delaware Street; Ninth
Street, between the south line of South Street and the south line of
Crawford Avenue, all such streets and improvements in the city of
Salina, Kansas; and,
WHEREAS, in pursuance of proceedings duly had according to
law, c ont raet s have been let and performed for the paving, curbing,
guttering and excavating of Ash Street, in the city of Salina, Kansas,
between the west line of College Avenue and the east line of Railroad
Street, and for the curbing and guttering of Fifth Street in the city
of Salina, Kansas, between the . south line of Walnut Street and the
north line of Prescott Avenue, and for the paving, curbing, guttering
and excavating of Thirteenth Street in the city of Salina, Kansas,
between the north line of Ash Street and the north line of Bishop
Street extended due west from Ninth Street, and;
WHEREAS, the total cost of said improvements have been ascert-
ained to be the sum of 58,857.53, and the portion thereof to be paid
by a general tax t'o be levied on all taxable property within said City
of Salina, Kansas, for the improvement of the squares and areas formed
by the intersection of. streets and alleys, and for city property, and
for which bonds are to be issued as hereinafter provided, has been as-
certained and is hereby determined to be the sum of 8,135.34, and the
portion thereof to be paid by special assessments levied upon the
lots and pieces of ground liable therefor., payable in ten (10) annual
installments according to law, and as provided in Ordinances numbered
1818, 1846, 18472 18192 1838 and 1824 of the city of Salina, Kansas,
has been ascerta=ined and is hereby determined to be the sum of
$50,,722.19, and the amount of said special assessments for which bonds
are to be issued as herein provided, in anticipation of said special
assessments which remain unpaid has-been ascertained and is hereby
determined to be the sum of 39,817..01, the difference between the
last two named amounts in the sum of $10..905.18 having been paid by
the property owners on said streets, whose property has thereby been
discharged from any further assessment for the cost of said improve-
ments, in the amounts so paid, Therefore,
Be it ordained by the Mayor<:,-a;rid Councilmen of the City of Salina:
Sect ion 1. That the cost of said street improvements, after
deducting therefrom the, assessments heretofore paid thereon as afore-
said, including the cost of the improvement of the squares and areas
formed by the intersection of streets and alleys, and of streets ad-
jacent to city property, shall be paid in ten (10) equal annual install-
ments, the first 'installment to be paid with the taxes for the year
1916, and one installment with the taxes for each succeeding year
thereafter until the whole is paid, and that for such installments there
shall be and ,are hereby issued Improvement Bonds of the city of Sa-
lina, Kansas, in the aggregate sum of $47,952.35, as hereinafter
provided.
Sec. 2. Said issue of bonds shall consist of ninety (90) bonds
,of the denomination of Five Hundred Dollars, (500.00) each, nine (9)
bonds of the denomination of Three Hundred Dollars, ($300.00) each,
and one (1) bond of the denomination of Two Hundred Fifty -Two and 35100
Dollars, (252.35) numbered from One (1) to one hundred (100) inclusive,
all bearing interest at the rate of four and three-quarters (4.a)
per cent per annum, payable January lst, and July lst of each
year after the date of said bonds , which shall be January 1st.,
1916, said bonds shall have interest coupons attached and shall
become due and payable as follows, to -wit: Nine (9)-- Five Hun -
Bred Dollar ($00.00) bonds, and one (1) bond of Two Hundred Fifty -
Two and 35100 Dollars, ($252.35), on January lst, 1917, and
Nine (9) , Five- Hundred Dollar (500.00) and one (1) , Three Hun-
dred Dollar, (300.00) bond due on the 'lst day of January of each
year thereafter for a period of nine years (9) years, and until
all are paid.
Sec. 3. Said bonds shall be signed by the Mayor and att est =
ed by the City Clerk of said City, and shall have the corporate
seal of said City attached thereto, and the interest coupons of
said bonds shall be signed by the city clerk,' and both bonds and
interest coupons shall be payable at the fiscal agency of the
Mate of Kansas.
Sec 4. Said bonds shall be executed in the form and shall
contain recitals substantially as follows:
UNITED STATES OF AMERICA
STATE OF KANSAS
CITY OF SALINA
NO.
KNOW ALL MEN BY THESE PRESENTS, That the City of Salina,
in the County of Saline, and State of. Kansas, for value received,
hereby acknowledges itself to be indebted to and promises to pay
to the bearer the sum of 4 in lawful money of the
United States, on the first day of January, 19 , with interest
thereon at the rate of four and three-quarters—per cent per annum,
payable semi-annually on the first days of January and July of each
year after the date hereof until the principal sum shall have been
paid, upon the presentation and surrender of the proper interest
coupon hereto attached bearing the signature of the city clerk .of
said City, as they severally become due, and both principal and
interest are payable at the fiscal agency of the State of Kansas,
in the city of Topeka, Kansas; and said City -of Salina is held and
firmly bound, and its faith and credit: -and :a11 °real._. nd . personal
property • in said City are hereby pledged for the prompt payment
of the principal of this bond and the interest at maturity.
This bond is one of a series of bonds of like date and tenor
issued by the City of Salina, to pay for street improvements in and
for said city under and by authority of and in complaiance with an
ordinance duly passed and approved by the mayor and council of
said city on the 3rd day of January, 1916.
And it is hereby declared and cert if ied that all acts,
conditions and things required to be done and to exist precedent
to and in the issuance of this bond have been •properly done and
performed and do exist in the regular and due form required by law
and the constitution of the State of Kansas, and that the total.
indebtedness of said city, including this issue of bonds, does
not exceed any constitutional or statutory limitations,
IN WITNESS WHEREOF, the City of Salina, Kansas, by its Mayor
and Council, has caused this bond to be signed by its Mayor and
attested,by its City Clerk, and its corporate seal to be hereto
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aff ixed and this bond to be dated on the f irst day of January,
1916.
Attest :
, City Clerk.
Mayor.
'Sec. 5. The interest coupons to be attached to said bonds
shall be substantially as follows:
N o . INTEREST COU PON
On the first day of , 19—, the city of Sa-
lina, Kansas will pay to the bearer Dollars at the fis-
cal agency of the State of Kansas, in the City of Topeka, Kansas,
being six months interest on its improvement bond dated January
1st, 1916, and number .
, City Clerk
Sec. 6. The Mayor and City Clerk are hereby authorized
and directed to prepare and execute said bonds and coupons, as
in this ordinance provided, and when executed said bonds shall be
registered with the city clerk of the City of Salina, and with the
Auditor of the State of Kansas, as required by law, and shall be,
by the Mayor of said City, delivered to the contractor or contract-
ors constructing said improvements, in proportion to the amounts
due such contractors, respectively, in payment of the amounts due
them for such work and improvements; Provided, however, that such
bonds shall not be sold or delivered to such contractors at less
than their par value nor in a greater sun or amount than the whole
amount due and . owing such contractors under their respective
contracts with said city for the making of said improvements; And,
provided further, that the mayor and council may sell said bonds at
not less than their par value and out of the proceeds thereof pay
said contractors for said work and improvements, and that the mayor
and council shall annually make provision for the payment of the
principal and interest of said bonds as they severally become due,
by levying a tax on the property liable therefor.
Sec. 7. This ordinance shall take effect and be in force
from and after its publication once in the Salina Evening Journal.
Passed. and approved, January 3rd, 1916.
Attest:
Chas. E. Banker, City Clerk.
J. E. Put ham
Mayor.
STATE OF KANSAS )
COUNTY OF SALINE ) SS.
C IT Y OF SAL INA )
I hereby cert if that the above and foregoing
is a true and correct copy of an .ordinance passed by the Council
and approved by the Mayor of the City of Salina,. January 3rd; 1916;
and a record of the vote on its final adoption is found on Page-ZcrJ
of Journal No. 8.
City Clerk.
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(Published in the Salina Evening Journal January , 1916.)
ORDINANCE N0. 1914.
An ordinance providing for the issuance of Improvement Bonds of
the City of Salina, Kansas, in the sum of $47,,952.35, to
pay the cost of improving certain streets in said City.
WHEREAS, in pursuance to proceedings duly had according
to law, contracts have been let and performed for the paving,
curbing; guttering and excavating Baker Street between the south
line of Iron Avenue and the north line of Walnut Street, Iron
Avenue between the west line of. Penn Avenue and the west line
of Delaware Street, Ninth Street between the south line of SoUh.
Street and the south line of Crawford Avenue, all such streets
and improvements in the city of Salina, Kansas; and,
WHEREAS, in pursuance of proceedings duly had according
to law, contracts have been let and performed for the paving,
curbing., guttering and excavating of Ash Street, in the city of
Salina, Kansas, between the west line of College Avenue and the
east line of Railroad Street, and for the curbing and guttering
of Fifth Street in the city of Salina, Kansas, between the
south line of Walnut Street and the north line of Prescott Aven-
ue, and for the paving, curbing, guttering and excavating of
Thirteenth Street in the city of Salina, Kansas, between the
north line of Ash Street and the north line of Bishop Street
extended due west from Ninth Street, and;
WHEREAS, the total cost of said improvements have been
ascertained to be the sum of $58,857.53, and the portion there-
of to be paid by a general tax to be levied on all taxable prop-
erty within said city of Salina, Kansas, for the improvement of
the squares' and areas formed by the intersection of streets and
alleys, and for city property, and for which bonds are to be
issued as hereinafter provided, has been ascertained and is
hereby determined to be the sum of $8,135.34, and the portion
thereof to be paid by special assessments levied upon the lots
and pieces of ground liable therefor, payable in ten (10)
annual installments according to law and as provided in Ordin-
ances numbered 1818, 1846, 1847, 1819, 1838 and 1824 of the
City of Salina, Kansas, has been ascertained and is hereby de-
termined to be the sum of $50,722.19, and the amount of said
special assessments for which bonds are to be issued as herein
provided, in anticipation of said special assessments which re-
main unpaid has been ascertained and is hereby determined to
be the sum of $39,817.01, the difference between the last two
named amounts in the sum of $10,905.18 having been paid by
the property owners on said streets, whose property has there-
by been discharged from any further assessment for the cost of
said improvements in the amounts so paid; Therefore,
Be it ordained by the Mayor and Councilmen of the City of Salina:
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Section 1. That the cost of said street improvements,
after deducting therefrom the assessments heretofore paid there-
on as aforesaid, including the cost of the improvement of the
squares and areas formed by the intersection of streets and al-
leys, and. of streets adjacent to city property, shall be, paid
in ten {10) equal annual installments, the f irst installment to
be paid with the taxes for the year 1916, and one installment
with the taxes for each succeeding year thereafter until the whole
is paid, and that for such installments there shall be and are
hereby issued Improvement Bonds of the city of Salina, Kansas,
in the aggregate sum of $47,952.35, as hereinafter provided.
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Sec. 2. Said issue of bonds shall consist of ninety (90)
bonds of the denomination of Five Hundred Dollars, (500.00)
each, nine (9) bonds of the denomination of Three Hundred Dol-
lars, ($300.00) each, and one (1) bond of the denomination of
Two Hundred Fifty -Two and 35/100 Dollars, ($252.35), numbered
from one (1) to one hundred (100) inclusive, all bearing inter-
est at the rate of f our and three-quarters (4g) per cent per
annum, payable January 1st and July 1st of each year after
the date of said bonds, which shall be January 1st, 1916, said
bonds shall have interdst coupons attached and shall become due
and payable as follows; to -wit: Nine (9) , Five Hundred Dollar
($500.00) bonds, and one (1) bond of 'Tw-a Hundred Fifty-Two-
and
iftyTwo-
and 35100 Dollars, ($252.35), on January 1st, 1917, and Nine
(9), Five Hundred Dollar (500.00) and one (1'), Three Hundred
Dollar ($300.00) bond due on the 1st day of January of each year
thereafter for a period of nine (9) years, and until all are paid.
Sec. 3. Said bonds shall be signed by the mayor and attest -
ted by the city clerk of said city and shall have the corporate
seal of said city attached thereto, and the interest coupons of
said bonds shall be signed by the city clerk, and both bonds and
interest coupons shall be payable at the fiscal agency of the
State of Kansas.
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Sec. 4. Said bonds shall be executed in the form and shall contain
recitals substantially as follows:
UNITED STATES OF AMERICA
STATE OF KANSAS
CITY OF SALINA
No.
Know all men by these presents, That the city of Salina,
in the county of Sajine,,and state of Kansas, for value received,
hereby acknowledges itself to be indebted to a d promises to pay
to the bearer the sum of $ in lawful money of the
United States, on the first day of January, 19_, with interest
thereon at the rate of four and three quarters per cent per annum,
payable semi-annually on the first days of January and July of each.
year after the date hereof until the principal sum shall have heen
paid, upoij the presentation and surrender of the -proper interest
cupon hereto attached bearing the signature of the eity clerk of
said city, as they severally become due, and both prihcipal and
interest are payable at the fiscal agency of the state of Kansas,
in the city of Topeka, Kansas: and said city of Salina is held and
firmly bound, and its faith and credit and all real and personal
property in said city are hereby pledged for the prompt payment
of the principal of this bond and the interest at. maturity.
This bond is one of a series of bonds of like date and tenor
issued by the city of Salina to pay for street improvements in and
for said city under and by authority of and in compliance with an
ordinance duly passed and approved by the mayor and council of
said,city on the 3rd day of January,1916,
. And it is hereby declared aid certified that all acts,
conditions and things required to be done and to exist precedent
to and in the issuance of this bond have been properly done and
performed and do exist in the regular and due form required by law
and the constitution of the state of Kansas, and that the total
indebtedness of said city, including this issue of bonds, does
not exceed angi constitutional or statutory limitations.
In witness
and Council, has
attes,ked by its
affixed and this
1916.
Attest:
whereof the city of 'Salina, Kansas, by its Mayor
camaed this bond to be signed by its Mayor and
City Clerk, and its corporate seal to be hereto
bond to be dated on the first day of January,
City Clerk.
Mayor.
Section 5. The interest cupons to be attached to said bonds
shall be substantially as follows:
No.
On the first day
Kansas will pay to the
agency of the state of
Six months 111terest on
and fiAmberc .
INTEREST CUPON
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of ,19the city of Salina.,
bearer dollars at the fiscal
Kansas, in the city of Topeka,Kansas, being
its improvement bond dated January lst,1916,
City Clerk.
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Seca 6 . The Mayor and City Clerk are hereby authorized
and directed to prepare and execute said bonds and coupons, as
in this ordinance provided, and when executed said. bonds shall be
registered with the city clerk of the City of Salina, --�
by f oeantyj Ka , and with the auditor of
State of the State of Kansas, as required by law, and shall be,
by the mayor of said city, delivered to the contractor or contract-
ors constructing said improvements, 'in proportion to the amounts
due such contractors, respectively. in payment of the amounts due
them for such work and improvements; Provided, however, that such
bonds shall not be sold or delivered to such contractors at less
than their par value nor in a greater sum or amount than the whole
amount due and owing such contractors under their respective
contracts with said city for the making of said improvements;
And provided further, that the mayor and council may sell said
bonds at not less than their par value and out of the proceeds
thereof pay said contractors for said work and improvements, and
that the mayor and council shall annually make provision for the
payment of the principal and interest of said bonds as they
severally become due, by levying a tax on the property liable
therefor.
Sec. 7. This ordinance shall take effect and be in force
from and after its publication once in the Salina Evening Journal.
Passed and approved January 3bd, 1916.
Mayor.
Attest
City Clerk.