01-10058 Issue Airport Bonds(Published in the Salina Journal on October?, 2001)
ORDINANCE NUMBER 01-10058
AN ORDINANCE UNCONDITIONALLY APPROVING THE ISSUANCE OF
GENERAL OBLIGATION BONDS BY THE SALINA AIRPORT AUTHORITY IN AN
AMOUNT NOT TO EXCEED $1,450,000 FOR THE PURPOSE OF FINANCING THE
COST OF CERTAIN CAPITAL IMPROVEMENTS LOCATED AT THE SALINA
AIRPORT AND AIRPORT INDUSTRIAL CENTER.
WHEREAS, on September 19, 2001, the Board of Directors of the Salina Airport Authority
(the "Authority") adopted a resolution approving the issuance of not to exceed $1,450,000 of
general obligation bonds of the Authority to pay the cost of certain capital improvements located at
the Salina Airport and Airport Industrial Center, including but not limited to building, parking lot
and pavement improvements and building demolition (the "Project"), as authorized by K.S.A. 27-
315 to 27-326, inclusive; and
WHEREAS, K.S.A., 27-323 provides that the Authority shall forward a copy of such
resolution to the Mayor of the City, who shall present such resolution of the governing body of the
City for its approval or disapproval.
SO NOW THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY
OF SALINA, KANSAS AS FOLLOWS:
Section 1. That the resolution of the Salina Airport Authority adopted September 19,
2001, providing for the issuance of not to exceed $1,450,000 in general obligation bonds of the
Authority for the purpose of financing the cost of the Project is hereby unconditionally approved.
Section 2. That this ordinance shall be in full force and effect from and after its adoption
and publication once in the official city newspaper.
Introduced: September 24, 2001
Passed: October 1, 2001
stin M. Seato Mayor
[Seal]
ATTEST:
Lieu Ann Nicola, City Clerk