743 Issue Improvement Bonds-�1
ORD INA N C E,
AN ORDINANCE PROVIDING FOR THE ISSUING OF IMPROVEMENT BONDS OF
THE CITY OF SALINA, KANSAS.
HE IT ORDAINED BY THE MAYOn AND COUNCILMEN OF THE CITY OF SALT
-NA, KANSAS.
SECT. 1.
THAT THE MAYOR AND CITY CLERK ARE 14ERETIY INSTRUCTED TO
ISSUE 1UPROVEME .. RONT)S 4 THE CITY OF SALINA, KANSAS. IN THE SUMV
__..____DOLLARS, PAYABLE TEN YEARS AFTER DATE
REARING INTEREST AT THE RATE OF SIX PER CENT. PER ANNUL, PAYABLE
SEMIANNUALLY, FOR THE PURPOSE OF PAYING FOR THE BUILDING OF SEWERS
IN SAID CITY OF SALINA, KANSAS, AS PROVIDED BY SECTION NUMBER, ONE
OF AN ACT OF THE LEGISLATURE OF THE STATE OF KANSAS, ENTITLEDt.AN
ACT TO AMEND SECTION TWO OF CHAPTER ONE HUNDRED AND TWO OF THE LAWS
OF 18811 l
SECT.II.
THAT THE WAYS AND MEANS COMMITTEE OP SAID CITY COUNCIL
ARE HEREBY I-NSTRUCTED TO APPROPRIATE SAID BONDS FOR TH^:E PAYMENT
OF THE CONSTRUCTION OF SEWERS IN THE SAID CITY OF SALINA, KANSAS.
`IDED:THAT FOR EVERY DOLLAR OF BONDS SO ISSUED, AS AFORE-
SAID, THE CITY SHALL RECEIVE IN EXCHANGE THEREFORE, SUCH ORDERS,
VOUCHERS OR OTHER SEWER INDEBTNESS OF SAID CITY OF SALINA, KANSAS ,a*
DOLLAR FOR DOLLAR.
SECT.III.
THE WAYS AND MEANS COMMITTEE OF SAID CITY COUNCIL S14ALL
REPORT THEIR DOINGS UNDER THIS ORDINANCE IN WRITING TO THE CITY
COUNCIL WITH ALL CONVENIENT SPEED.
SECT. IV.
THIS ORDINANCE SHALL TAKE EFFECT AND FE IN FORCE FROM AND
AFTER ITP PUBLICATION ONCE IN T11E SALINE COUNTY" JO1URNAL.
PASSED AND APPR.OV =//� ------_1889.
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MAYOR.
-w-------MAYOR.