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09-6604 Initiate Aquatic Facilty Project1 1 RESOLUTION NUMBER 09-6604 A RESOLUTION AUTHORIZING THE CONSTRUCTION OF AN AQUATIC CENTER IN THE CITY OF SALINA, KANSAS PURSUANT TO CHARTER ORDINANCE NO. 34. WHEREAS, pursuant to Article 12, Section 5 of the Constitution of the State of Kansas (the "Act"), the Governing Body of the City of Salina, Kansas (the "City")adopted Charter Ordinance No. 34 on August 18, 2008 and said charter ordinance became effective upon publication and expiration of the applicable ,protest period; and WHEREAS, Charter Ordinance No. 34 authorizes the City to acquire land for public park purposes and acquire, construct, reconstruct, improve and repair park and recreation facilities, whether located inside or outside the city limits; and WHEREAS, the Governing Body of the City has determined that it is necessary and desirable to construct an Aquatics Center to be located in the Kenwood Park area (the "Improvements"); and NOW THEREFORE BE IT RESOLVED by the Governing Body of the City of Salina, Kansas: , Section 1. Proceedings are hereby initiated pursuant to the provisions of the Act and Charter Ordinance No. 34 for the purpose of proceeding with the Improvements. Such Improvements shall include property acquisition; architectural, engineering and other professional services necessary to design and construct the Improvements; and all other necessary and related improvements. Section 2. The City Manager and other City staff are authorized to take all necessary actions to proceed with the Improvements. Section 3. It is anticipated that the dost of the Improvements shall be paid from funds of the City available for such purpose (including certain sales tax revenues) and/or by the City -at -large through the issuance of one or more series of general obligation bonds of the City as provided by the Act, and pending the issuance of said bonds, through the issuance of one or more series of temporary notes of the City, the estimated maximum principal amount of such obligations being $12,500,000.00, plus costs of issuance and plus costs of interest on any temporary financing. Section 4. The City expects to make capital expenditures on and after the date of adoption of this Resolution in connection with the Improvements, and intends to reimburse itself for such expenditures with the proceeds of one or more series of general obligation bonds and/or temporary notes of the City in the estimated maximum principal amount of $12,500,000.00, plus costs of issuance and plus costs of interest on any temporary financing. Section 5. This resolution shall be in full force and effect from and after its adoption. Adopted by the Board of Commissioners and signed by the Mayor this 9h day of March, 2009. Q John . Vanier II, Mayor (SEAL) ATTEST: Shandi Wicks, Deputy City Clerk