824 Issue Temporary Notes201
C�
WHEREAS, by Ordinance Number A-178 there has been appropriated and
transferred by the Waterworks Department Fund tot he City of Salina Con-
struotion Fund (Ash Street Sewer Repair Job No. 92) in the City Treasury
of Salina, Kansas, the sum of $5,000.00, which sum is to a returned from
said City of Salina Construction Fund (Ash Street Sewer Repair Job Number
92) to said Waterworks Department Fund as soon as the
reconstruction and
repair of a portion of East Ash Street, as provided by Ordinance Number
5018 is completed and the cost thereof is ascertained and bonds are issued
and sold in an amount necessary to take care of the balance of such costs;
and
AREAS, it is deemed necessary and proper to evidence the advancing
of said sum of $5,000.00 from the Waterworks Department Fund to the said City
of Salina Construction Fund (Ash Street Sewer Repair Job No. 92), above
mentioned, and the debt thereby created by issuing a Temporary Note to be
held by said Waterworks Department Fund payable out of said City of Salina
Construction Fund (Ash Street Sewer Repair Job No. 92), NOW THEREFORE:
BE IT RESOLVED by the Board of Commissioners of the City of Salina, Kansas:
Section 1. That a Temporary Note to be signed by the Mayor and
City Clerk for the sum of $5000.00 dated November 17, 1942, payable tot he
order of the Waterworks Department Fund of the City of Salina, Kansas, and
payable out of the City of Salina Construction Fund (Ash Street Sewer Repair
Job No. 92), is hereby authorized, such note to be payable out of such fund
after t here has been received and paid into such fund the proceeds of the
sale of bonds to be authorized in payment of the cost of the reconstruction
and r epaie of a portion of East Ash Street sewer as provided by Ordinance
Number 5018 of the City of Salina, Kansas.
`Section 2. That a Temporary Note shall be issued bearing inter-
est at the rate of one per cent (1%) per annum, from the date thereof until
paid.
(SEAL)
ATTEST:
Introduced and passed, November 16, 1942.
B. A. Breon
Acting Mayor""
Chas. E. Banker
City Clerk
STATE OF KANSAS )
COUNTY OF SALINE � SS •
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
Resolution Number 824 passed and approved by the Board of Commissioners
November 16, 1942. City Clerk