09-29-1981 Minutes305
Commission CITY OF SALINA, KANSAS
Action # SPECIAL MEETING OF THE BOARD OF COMMISSIONERS
SEPTEMBER 29, 1981
8:00 a.m.
The Special Meeting of the Board of Commissioners met in the Commission Meeting
Room, City -County Building on Tuesday, September 29, 1981, at eight o'clock a.m.,
for the purpose of adopting Ordinance Number 81-8879 and authorizing the Mayor to
sign an application for exemption pursuant to Section 359-f(2) of the General
Business Law of the State of New York from the Provisions of Section 352-e, 352-f
and 352-h of said General Business Law.
There were present:
Mayor Merle A. Hodges, Chairman presiding
Commissioner John F. Burgess
Commissioner Keith G. Duckers
Commissioner Charles B. Roth
comprising a quorum of the Board, also present:
L. 0. Bengtson, City Attorney
D. L. Harrison, City Clerk
Rufus L. Nye, City Manager
Absent:
Commissioner Karen M. Graves
81-273
Moved by Commissioner Duckers, seconded by Commissioner Burgess that
Ordinance Number 81-8879, an ordinance authorizing and providing for the
implementation of a single family mortgage loan program; authorizing the
and delivery of an indenture of trust, dated as of October 1, 1981, by
execution
and between Seward County, Kansas and the City of Salina, jointly as issuer and
Continental Illinois National Bank and Trust Company of Chicago, as Trustee;
authorizing the issuance, authentication and delivery of Seward County, Kansas
and City of Salina, Kansas, Single Family Mortgage Revenue Bonds (Multiple
Originators and Servicers) 1981 Series A, in the aggregate principal amount of
$60,000,000; and authorizing the officers and employees of the City to execute
certain agreements and other documents and instruments necessary or desirable to
provide for implementation of said single family mortgage loan program and the
issuance and delivery of said 1981 Series A bonds, be adopted. Aye: Burgess,
Duckers, Roth, Hodges (4). Nay: (0). Commissioner Graves Absent. Motion adopted
81-274
Moved by Commissioner Burgess, seconded by Commissioner Roth that the
Mayor be authorized to sign an application for exemption pursuant to Section
359-f(2) of the General Business Law of the State of New York from the provisions
of Sections 352-e, 352-f and 352-h of said General Business Law. Aye: (4). Nay:
(0). Motion adopted.
81-275
Moved by Commissioner Duckers, seconded by Commissioner Roth that the
Special Meeting of the Board of Commissioners be adjourned. Aye: (4). Nay: (0).
Motion adopted. The meeting adjourned at 8:03 a.m.
(2� 0
Merle A. Hodges,0M .D., Mayor
(SEAL)
ATTEST:
N
D. L. Harrison, City Clerk