8050 GO Bonds AS-210CONSOLIDATFD-SALINA
ORDINANCE NUMBER 3050
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(Published in The Salina Journal N we w� be.� 1969)
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AN ORDINANCE authorizing the issuance of General Obligation Bonds of the City of Salina,
Kansas, in the sum of $131,385.17, to pay the cost of sewer improvements in said City to
be designated as Series AS -210.
WHEREAS, the cost of improving sewer lines, as per Resolution Number 2999, and
Ordinance Number 7088, has been determined to be $131,385.17, and
WHEREAS, the total cost of improving sewer lines has been ascertained and the
portion thereof, in the amount of $131,385.17, was apportioned to the City at Large to be
paid by general taxes to be levied upon all taxable property within the said City, for
which the City is liable, for which bonds are to be issued; and
WHEREAS, bonds in the aggregate sum of $131,385.17 are to be issued to pay the
actual cost thereof.
BE IT ORDAINED by the Governing Body of the City of Salina, Kansas:
Section 1. That the foregoing preambles be and they are hereby adopted as a
part of this ordinance and that for the purpose of providing funds to pay the cost of
improvements hereinabove referred to and described in the Ordinances and Resolution of
said City of Salina, Kansas, in the total principal sum of $131,385.17, which shall
consist of 131 bonds numbered 1 to 131 inclusive, all dated December 1, 1969, and shall
bear interest as follows:
Bonds numbered 1 to 131 inclusive, shall bear interest at the rate of 5.25 percent per annum.
from and after
said date
until the respective maturities
of said bonds,
payable semiannually!
on June 1 and
December 1,
each year, said
interest to be
evidenced by interest coupons as
herein provided
for and
said bonds shall
become due as follows:
Bond
Numbers
Denomination
Amount
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Maturity
1
$1,385.17
$1,385.17
December
1, 1971
2
to 13
1,000.00
12,000.00
December
1, 1971
14
to 26
1,000.00
13,000.00
December
1, 1972
27
to 39
1,000.00
13,000.00
December
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1, 1973
40
to 52
1,000.00
13,000.00
December
1, 1974
53
to 65
1,000.00
13,000.00
December
1, 1975
66
to 78
1,000.00
13,000.00
December
1, 1976
79
to 91
1,000.00
13,000.00
December
1, 1977
92
to 104
1,000.00
13,000.00
December
1, 1978
105
to 117
1,000.00
13,000.00
December
1, 1979
118
to 131
1,000.00
14,000.00
December
1, 1980
CONSOLIDATED-SALINA
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Section 2. Said bonds shall be signed by the Mayor and shall be attested by the
signature of the City Clerk and the corporate seal of the City shall be affixed thereto and
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lsaid bonds shall have attached thereto interest coupons representing the interest thereon,
which coupons shall be in the form provided by law and shall bear the printed or lithographed!
facsimile signatures of the Mayor and City Clerk of said City and said bonds and interest
coupons shall be registered in the Office of the City Clerk and in the Office of the Auditor
of State as required by law.
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Section 3. Said bonds shall be designated as Series AS -210 and shall be in the
form and shall contain recitals substantially as follows, to -wit:
CON SOLIDATLD-SALINA
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UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
GENERAL OBLIGATION BOND
No. Series AS -210 $
KNOW ALL MEN BY THESE PRESENTS, That the City of Salina, in the County of Saline, State of
Kansas, acknowledges itself to be indebted and for value received hereby promises to pay to
the bearer the sum of Dollars in lawful money of the
United States of America, on the first day of 19 with interest
thereon from the date hereof and at the rate of percent
per annum, payable semiannually on June 1 and December 1, in each year, on presentation and
surrender of the interest coupons hereto affixed as said coupons become severally due, both
principal of and interest on this bond being payable at the Office of the State Treasurer
of the State of Kansas in the City of Topeka, Kansas, and said City of Salina, Kansas is
held and firmly bound by these presents and the full faith, credit and resources of said
City are hereby irrevocably pledged for the payment of said principal and interest at
maturity.
This bond is one of a series of 131 bonds of like date and tenor, excepting number,
denomination, interest rate and maturity, aggregating the principal sum of $131,385.17
issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing
sewer improvements in said City by the authority of and in full compliance with the provisions,
restrictions and limitations of the Constitution and laws of the State of Kansas, including
Section 12-631a K. S. A. and amendments thereto, and all other provisions of the laws of said
State applicable thereto, and this bond and all other bonds of this series, and all interest
thereon are to be paid by the City of Salina, Kansas.
And it is hereby declared and certified that all acts, conditions, and things required to
be done and exist precedent to and in the issuance of this bond have been properly done
and performed and do exist in due and regular form and manner as required by the Constitution
and laws of the State of Kansas, and that the total indebtedness of said City, including this
series of bonds, does not exceed any constitutional or statutory limitation.
IN WITNESS WHEREOF, the City of Salina, Kansas, has executed this bond by causing it to be
signed by the Mayor and its corporate seal to be hereto affixed, attested by the signature
of its City Clerk and the coupons hereto attached to be signed with the facsimile signatures
of said officers and this bond to be dated the first day of December, 1969.
III
Mayor
(SEAL)
Attest:
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City Clerk
CONSOLIDATED -SALINA
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j No. on the first day of ]
19 the ]
City of Salina, Saline County, ]
Kansas, will pay to the bearer ]
jthe sum of ] 19
dollars and cents ]
in lawful money of the United ]
States of America, at the Office ] City of Salina, Kansas
of the State Treasurer, Topeka, ]
Kansas, being six months interest ]
on its General Obligation Bond, ]
Series AS -210, dated December 1, ]
1969. ]
]
No. ]
]--——————————————————————
]
(Facsimile) ] $
Mayor ]
]
Attest: (Facsimile) ]
City Clerk ]
]
]
--—————————————————------———————————————————
STATE OF KANSAS )
) SS
COUNTY OF SALINE )
I> D. L. Harrison City Clerk of the City ofSalina Kansas hereby certify
that the within General Obligation Bond, Series AS -210 of the City of Salina,
Kansas, has been registered in my office according to law.
j Witness my hand and official seal this
City Clerk
--—————————————————————————————————————————
OFFICE OF THE STATE AUDITOR OF KANSAS
I, Clay E. Hedrick, State Auditor of Kansas, hereby certify that a transcript
of the proceedings leading up to the issuance of this bond has been filed in my
office and that this bond and the coupons attached thereto were registered in my
office according to law this
By:
State Auditor of Kansas
Director of Post Audits
CONSOLIDATED -SALINA
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Section 4. The Mayor and City Clerk are hereby authorized and directed to prepare
and execute the bonds hereinbefore described and to advertise and sell the same in the
manner provided by law, and when duly executed and registered to deliver said bonds to the
purchaser or purchasers thereof.
Section 5. The full faith, credit and resources of the City of Salina, Kansas
shall be and the same are hereby irrevocably pledged for the prompt payment of said bonds
and all interest thereon. The Board of Commissioners of the City of Salina, Kansas, shall
annually make provisions for the payment of the principal and interest on said bonds as
they severally become due by levying taxes and assessments upon the property liable therefor
as provided for by law.
Section 6. This ordinance shall take effect and be in full force from and after
its adoption and publication once in the official city paper.
Introduced: October 27, 1969
Passed: November 3, 1969
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Mayor
(SEAL)
Attest:
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City Clerk