8091 Bond License QualificationCONSOLIDATED -SALINA
ORDINANCE NUMBER 8091
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(Published in The Salina Journal 1970)
AN ORDINANCE PROVIDING FOR THE QUALIFICATIONS AND (AMOUNT OF SECURITY WHICH MUST
BE PROVIDED BY ANY APPLICANT FOR A BOND LICENSE; AMENDING SUBSECTION (f) OF SECTION 29-25
OF THE SALINA CODE AND REPEALING SAID ORIGINAL SECTION.
BE IT ORDAINED by the Governing Body of the City of Salina, Kansas:
Section 1. That subsection (f) of Section 29-25 of The Salina Code is hereby
amended to read as follows:
"(f). A person, firm or corporation who shall have
any unsatisfied forfeiture or judgement thereon entered
on any bail bond in any court of the City of 'Salina,
Kansas, or the State of Kansas, or the United'States
of America."
Section 2. That The Salina Code is hereby amended by adding a subsection to
Section 29-25 of The Salina Code which shall be numbered "g" and shall read as follows:
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"(g). A person, firm or corporation unless the
equity value of the real estate owned by the 'applicant
and used as security for bonds shall be in the excess
of Ten Thousand Dollars ($10,000.00)."
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Section 3. That subsection (f) of Section 29-25 of The Salina Code is hereby
repealed.
Section 4. That this ordinance shall be in full force and effect from and after
its adoption and publication once in the official city newspaper.
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Introduced: June 22, 1970
Passed: June 29, 1970
Acting ayor
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(SEAL)
Attest:
i ty er
C