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727 Issue BondsORDINANCE ,' AN ORDINANCE TO FUND THE INDERTNESS OF THE CITY OF SALINA, KANSAS AND ISSUE BONDS OF SAID CITY FOR THAT.PURPOSE. r' BE IT ORDAINED BY THE t1 /;0 -; F THE CITY OF SALINA, KANSAS. SECT/A. I THAT THE MAYOR AND CITY CLERK ARE HEREBY INSTRUCTED TO ISSUE H©NDS OF SAID CITY OF SALINA KANSAS, IN THE SUM OF '2a -a ------------------------- DOLLARS PAYABLE TWENTY YEARS AFTER DATE, HEARING INTEREST AT THE RATE OF SIX PERCENT. PER ANNUM,PAYAHLE SEMIANNUALLY, FOR THE PURPOSC OF FUNDING THE INDERTNESS OF THE CITY OF SALINA, KANSAS, AS PROVID- ED BY SECTION NO37, CHAPTER 19, COMPILED LAWS OF 1885. SE j.II. THE WAYS AND MEANS COMMITTEE OF SAID CITY COUNCIL ARE HEREBY INSTRUCTED TO APPROPRIATE THE SAID BONDS OR SO MUCH THEREOF AS MAY RE NECESSARY TO FUND THE PRESENT INDERTNESS OF SAID CITY OF SALINA, KANSAS. P R 0 V I D E D : THAT FOR EVERY DOLLAR OF BONDS ISSUED AS A�t-- FORESAID, THE CITY SHALL RECEIVE IN EXCHANGE THEREFORg, SUCH ORDER$. BONDS,COUPONS JUDGMENTS OR OTHER INDEBTNESS OF THE SAID CITY OF SALINA, KANSAS, AT DOLLAR FOR DOLLAR. SECK. III. Tt#E WAYS AND MEANS COMMITTEE OF SAID CITY COUNCIL, SHALL REPORT THEIR DOINGS UNDER THIS ORDINANCE, IN WRITING, TO THE CITY OUNCILWITH ALL CONVENIENT SPEND. SECV.IV. THIS ORDINANCE SMALL TAKE EFFECT AND RE IN FORCE FROM AND AFTERf ITS. PU'RLICATION ONCE IN THE SALINE COUNTY JOURNAL. PA i# A -NT) . APPR E , _ "8A9. At j' / - % CITE CLERK. MAYOR*