1354 Issue Sewer Improvement Bonds—Ij
'Orr inance 1,To . � .-r,
An ordinance providing for the issue of sewer improvement
eo
bonds of the City of Salina, J�ansas, in the sLu*.q
orp 0 V
Vhereasj, the 'ITayor and. Cotincil of the City of Salina have
caused to be Iyuilt and eonstr--Tcted certain sewers and drains
in said City, as pro-vidad for by ordin,-tnoeIVTV*33.35s pa,ssed and
apprOved September 10 � 1, 9-06 and Ord inance 4173491 passed and
tae contromt price for ni!
alp roved 7Tovember 19, 1906 aj ob
fozx:)
therefore
h e 7'ayor aiii6 Councilmen o' t'I e City of inao
Be it o-dained by al
Section 1. Thst IJ).e cost of sadd se-wers and drair,6 shall
be Pati d in t antzal installments as provided, for in s, -dA ordinanow.
A13.35 and A1.549, e-1-110ir, ta-x sv�(�,,- cost
at one ti.niie, th,- first ins tt al"!,men,t to a p, --,t -i d i h tu-h e taxes f^ 0 r
and ono installment h sl-�,Cceedo-
the Y-�4--,lr 190
n, rt 1. linent s
"JI-c"u, 101 j.- sIJ
JMg vti-x tjn� 11 tu-le ar-&; paid,
here sfiall be 1ssV.ed SewLE.Ir improveriento- onds osaid City in
the suill of 7-,ollars, as jlter-UYI
47
Section ?: Said isove oil Ix -)-no's con.ist o-'
bonets of the da-nominattion of 4 Dollars, ea .o
( Thoy s'na I I be dated Janr ar y 1.s t 190 7 1 axed
shall "b;; 6ve; fs.nCt pp-,,yab3.--., in te',i.on.
F'! 'I
-j a ra 1. a r eC,cn. ye.r,
S6ction 6: -'I'11%at, �31hall bear int,,rfl'.Itit, %t thp, rate
of Who
pe�r W11-=,1 froLci tliuo-ir date.able on "[,he
first daywl" January and July in er,Oi yevx, seaii-annual
interest installment falling due July lst., 1907' -nd the several
instal3xatmts and interest shall be evidenced by coupons attache4nto
said bondsj and both principal and interest shall be payable
t the fiscal agency of the State of yans S in the Cite of Few
York an& state of Few Berl
Section . That said bands shall be signed by the Yay r
and cov tersigned by the Clerk bf 80d City, and shall have Affixed,
thereto the corporats seal of said City$ and said Interest coupon
shall be signed by sai?Clork.
Section 5: The Mayor and Clerk of said City are hereby
avthcr i ed and directed, as soon as practicable, to prepare and:
execrate said ands, the in pledEin`" the credit of the said City
for the payment t.Leyooy and .lien executed t,,, said bonds shall be
delivered to the contraVor constr ctinE said sewer n and drains
in X3ayi-ze nt and satisfaction of the sane, provided that said
contractor Vii;.,.d. repay it o City sums of moner,
heretofore '#llvan ;fie , WO Cit„ to Said contractor on account of
said sewer construction. 'uions ProV'ided1f1rt. f r ;he May'ox' nrd nity
Council a ' authorized to well saJ d '`3o`ICS ".nd pay s a3 d con tracter ''J'"
cine;••.., if sa s can by jade to tha advantage of said City.
Section 6: This orf r,anc e shall take effect and be in foroe
from and after its publication can once in the NOW `veninU Journal.
lip
Pasoed and approved 194,
y y Q
s r W .ak W a W e ♦ x s W a x �>y�wa
Atter
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