19-11007 Unconditional Approval SAA Bonds Hangars 959 and 504 Summary published in The Salina Journal on July 12- , 2019
Posted on the City of Salina website from July 10 to July 2.4 .. 2019
ORDINANCE NUMBER 19-11007
AN ORDINANCE UNCONDITIONALLY APPROVING THE ISSUANCE OF
GENERAL OBLIGATION BONDS BY THE SALINA AIRPORT AUTHORITY FOR
THE PURPOSE OF FINANCING THE COST OF CERTAIN CAPITAL
IMPROVEMENTS LOCATED AT THE SALLNA REGIONAL AIRPORT AND
AIRPORT INDUSTRIAL CENTER.
WHEREAS, on June 20, 2019, the Board of Directors of the Salina Airport Authority (the
"Authority") adopted a resolution approving the issuance of not to exceed $2,250,000 (exclusive of costs of
issuance and any temporary financing costs) of general obligation bonds of the Authority to pay the cost of
certain capital improvements located at the Salina Regional Airport and Airport Industrial Center, including,
but not limited to:
Hangar 959 improvements to include aircraft parking apron and taxi lanes resurfacing,
vehicle parking lot construction, electrical system upgrades, repairs to the hangar doors, a
new PVC membrane roof, asbestos abatement, office and restroom improvements, HVAC
upgrades, site fencing, and exterior wall repairs; and
Hangar 504 improvements to include to upgrades to existing bathrooms, add shower stalls
and install a fire alarm and sprinkler system
(the"Project"), as authorized by K.S.A. 27-315 to 27-326, inclusive; and
WHEREAS, the total cost of the Project is estimated to be $3,000,000, with approximately
$750,000 of the cost being provided by grants from the Kansas Department of Transportation; and
WHEREAS, K.S.A. 27-323 provides that the Authority shall fonvard 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. The resolution of the Salina Airport Authority adopted on June 20, 2019, providing
for the issuance of not to exceed $2,250,000 (exclusive of costs of issuance and any temporary financing
costs) of general obligation bonds of the Authority for the purpose of financing the cost of the Project is
hereby unconditionally approved.
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Section 2. This Ordinance shall take effect and be in full force from and after its passage by the
Governing Body, approval by the Mayor and publication of the Ordinance (or a summary thereof) in the
official City newspaper.
Introduced: July 1, 2019
Passed: July 8, 2019
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[Seal] Trent W. Davis, M.D., Mayor
ATTEST:
SLOW(); liCkflek
Shandi Wicks, CMC, City Clerk
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PUBLICATION SUMMARY OF ORDINANCE NO. 19-11007, PASSED BY THE GOVERNING BODY
1 OF THE CITY OF SALINA, KANSAS ON JULY 8, 2019
SUMMARY
On July 8, 2019, the Governing Body of the City of Salina, Kansas, adopted Ordinance No. 19-11007,
w unconditionally approving the resolution of the Salina Airport Authority Board of Directors adopted on June
20, 2019, providing for the issuance of not to exceed $2,250,000 (exclusive of costs of issuance and any
gtemporary financing costs) of general obligation bonds of the Salina Airport Authority for the purpose of
Y financing the cost of certain improvements to Hangar 959 and Hangar 504. The complete text of this
ordinance may be obtained or viewed free of charge at the office of the City Clerk, 300 West Ash Street,
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Salina, Kansas, or on the City's official website address, www.salina-ks.gov, where a reproduction of the
originalordinancewill be available�Jfor a minimum of one week following this summary publication.
irft is certified this /1 4y of July, 2019.
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Publish on ime and return one Proof of Publication to the City Clerk and one to the City Attorney.
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