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99-5524 Initiate ProceedingsConuliOaleE�Salina RESOLUTION NUMBER 99-5524 A RESOLUTION INITIATING PROCEEDINGS BY THE GOVERNING BODY FOR THE CONSTRUCTION OF AN ANIMAL SHELTER IN THE CITY OF SALINA, KANSAS. WHEREAS, the City of Salina, Kansas (the "City") desires to proceed with the construction of an animal shelter (the "Project") in the City; and WHEREAS, the City is authorized pursuant to Charter Ordinance Number 29 of the City to issue general obligation bonds to finance the construction of an animal shelter; and WHEREAS, reports, estimates and plans have been compiled and furnished to the Governing Body of the City to provide them with sufficient information in order to enable them to commence proceedings for the construction of the Project. SO NOW THEREFORE BE IT RESOLVED by the Governing Body of the City of Salina, Kansas: Section 1. Proceedings should be and hereby are initiated pursuant to the provisions of Charter Ordinance Number 29 for the purpose of proceeding with the Project. Section 2. The City Manager and other City staff are authorized to take all necessary actions to proceed with the Project. Section 3. The cost of the Project or portions thereof shall be paid from funds of the City available for such purpose and by the City -at -large through the issuance of one or more series of general obligation bonds of the City as provided by Charter Ordinance Number 29, 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$900,000. Section 4. The City expects to make capital expenditures on and after the date of adoption of this Resolution in connection with the Project, and intends to reimburse itself for such expenditures with the proceeds of one or more series of general obligation bonds and temporary notes of the City in the estimated maximum principal amount of $900,000. Section 5. The Finance Director and Deputy City Clerk are hereby authorized to obtain bids from prospective purchasers of the notes for the temporary financing of the Project through the issuance of $900,000 of temporary notes and to present the results of such bids to the governing body of the City for approval. adoption. Section 6. That this resolution shall be in full force and effect from and after its Adopted by the Board of Commissioners and signed by the Mayor this 18`' day of October, 1999. '.4't Monte Shadwick, Mayor (SEAL) ATTEST: R. Weber, Deputy City Clerk