05-23-1984 MinutesCITY OF SALINA, KANSAS
SPECIAL MEETING OF THE BOARD OF COMMISSIONERS
MAY 23, 1984
4:00 p.m.
I The Special Meeting of the Board of Commissioners met in the Commission
(Meeting Room, City -County Building, on Wednesday, May 23, 1984, at four p.m. for
lthe purpose of considering and final adoption of Ordinance Number 84-9025 which
pertains to the following:
An ordinance authorizing and directing the issuance of $2,770,000
principal amount of combined water and sewage system refunding
revenue bonds, Series of 1984, of the City of Salina, Kansas,
for the purpose of refunding $4,388,000 principal amount of
outstanding combined water and sewage system refunding revenue
bonds, Series 1978, of said City, prescribing the form and
details of said refunding revenue bonds, providing for the
collection, segregation and application of the revenues of
said system for the purposes authorized by law, including
paying the cost of operation, improvement and maintenance
of said utility, paying the principal of and interest on the
refunding revenue bonds of said city issued against said system
and providing adequate reserve funds, making certain covenants
with respect to said bonds, authorizing an escrow trust agreement
relating to certain outstanding bonds, authorizing an agreement
between the City and the bond registrar and paying agent,
authorizing a bond purchase agreement with the purchasers
of said bonds, approving a preliminary official statement
and official statement relating to said bonds and amending
ordinance number 8635 adopted and approved on May 15, 1978.
There were present:
Mayor Charles B. Roth, Chairman presiding
Commissioner John F. Burgess
Commissioner Fortino B. Bonilla
Commissioner Joseph M. Ritter
comprising a quorum of the Board, also present:
L. 0. Bengtson, City Attorney
Rufus L. Nye, City Manager
Jacqueline Shiever, Acting City Clerk
Absent:
Commissioner Merle A. Hodges
D. L. Harrison, City Clerk
I Mayor Roth declared that a public emergency exists in regards to the
adoption of Ordinance Number 84-9025 pertaining to the issuance of $2,770,000
Combined Water and Sewerage System Refunding Revenue Bonds, Series of 1984, and
directed that said ordinance be finally passed by the Board of Commissioners on
this date.
84-131
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84-132
1
1
7J
Moved by Commissioner Burgess, seconded by Commissioner Bonilla that
Ordinance Number 84-9025, authorizing and directing the issuance of $2,770,000
principal amount of combined water and sewage system refunding revenue bonds,
Series of 1984, of the City of Salina, Kansas, for the purpose of refunding
$4,388,000 principal amount of outstanding combined water and sewage system
refunding revenue bonds, Series 1978, of said City, prescribing the form and
details of said refunding revenue bonds, providing for the collection,
segregation and application of the revenues of said system for the purposes
authorized by law, including paying the cost of operation, improvement and
maintenance of said utility, paying the principal of and interest on the
refunding revenue bonds of said city issued against said system and providing
adequate reserve funds, making certain covenants with respect to said bonds,
authorizing an escrow trust agreement relating to certain outstanding bonds,
authorizing an agreement between the City and the Bond Registrar and paying
agent, authorizing a bond purchase agreement with the purchasers of said bonds,
approving a preliminary official statement and official statement relating to
said bonds and amending ordinance number 8635 adopted and approved on May 15,
1978, be introduced and adopted. Aye: Bonilla, Burgess, Ritter, Roth (4). Nay:
(0). Commissioner Hodges absent. Motion adopted.
Moved by Commissioner Burgess, seconded by Commissioner Ritter that
the Special Meeting of the Board of Commissioners be adjourned. Aye: (4).
Nay: (0). Motion adopted. The meeting adjourned at 4:12 p.m.
[SEAL]
ATTEST:
D. L. Harrison, City Clerk
Ch
--Farles of ,--Mayor