8119 GO Bonds P-213CO'NSOLID .TED-SALINA
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ORDINANCE NUMBER 8119
(Published in The Salina Journal F 1970)
AN ORDINANCE authorizing the issuance of Internal Improvement Bonds of the City of Salina,
Kansas, in the sum of $147,101.81, to pay the cost of storm ,sewer, water main and street
improvements in the City to be designated as Series P-213.
WHEREAS, the cost of storm sewer, water main and street improvements, as per
Resolutions Numbered 3027, 3028, 3030, and Ordinance Numbers! 8070 and 8102, has been
determined to be $147,101.81, and
WHEREAS, the total cost of storm sewer, water main and street improvements has
been ascertained and the portion thereof in the amount of $110,374.44, was apportioned to
the City at large and to be paid by general taxes to be levied upon all taxable property
within the said City for the improvement of squares and areas formed by the crossing of
streets and alleys for the improvement of any of said streets, where the same is through'
or adjacent to property of the City for which the City is liable, for which bonds are to
be issued; and
WHEREAS, the total cost of said storm sewer, water main and street improvements
which are to be paid by special assessments and to be levied upon lots and pieces of ground
liable for the payment of said storm sewer, water main and street improvements, has been
ascertained and has been hereby found and determined to be the sum of $136,727.37, which
amount has been heretofore duly assessed and apportioned to the several lots and pieces
of ground liable therefor according to law provided for in the ordinances of the City of
Salina, Kansas, relating thereto, with the amount of $136,7'7.37, for which bonds are to
be issued; and
WHEREAS, bonds in the aggregate sum of $147,101.81, 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 Resolutions of
said City and hereinbefore referred to, there shall be issued Internal Improvement Bonds
of the City of Salina, Kansas, in the total principal sum of $147,101.81, which shalt
consist of 147 bonds numbered 1 to 147, inclusive, all dated December 1, 1970, and shall
bear interest as follows:
Bonds Numbered 1 to 102, inclusive, shall bear interest at �he rate of 4.5 percent per annum
Bonds Numbered 103 to 132, inclusive, shall bear interest at the rate of 4.625 percent per annum,
Bonds Numbered 133 to 147, inclusive, shall bear interest at the rate of 4.70 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 eviidenced by interest coupons as
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herein provided for and said bonds shall become due as follows:
CONSOLMD,TED-SALINA
Bond Numbers Denomination Amount Maturity
1
1
1,101.81
1,101.81
December
1, 1972
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2
to
12
1,000.00
11,000.00
December
1, 1972
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13
to
27
1,000.00
15,000.00
December
1, 1973
28
to
42
1,000.00
15,000.00
December
1, 1974
43
to
57
1,000.00
15,000.00
December
1, 1975
58
to
72
1,000.00
15,000.00
December
1, 1976
73
to
87
1,000.00
15,000.00
December
1, 1977
83
to
102
1,000.00
15,000.00
December
1, 1978
103
to
117
1,000.00
15,000.00
December
1, 1979
118
to
132
1,000.00
15,000.00
December
1, 1980
133
to
147
1,000.00
15,000.00
December
1, 1981
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 said 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.
Section
3.
Said bonds shall
be designated as
Series P-213 and
shall be in the
j
form and shall
contain
recitals substantially
as follows,
to -wit:
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CONSOLIDATED-SALINA
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
INTERNAL IMPROVEMENT BOND
No. Series P-213
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 rec6ived hereby promises to pay to
the bearer the sum of Dollars in lawful monty of the
United States of America, on the first day of 19 , with interest
thereon from the date hereon and at the rate 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 147 bonds of like date and tenor, excepting number,
denomination, interest rate and maturity, aggregating the principal sum of $147,101.81,
issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing
certain storm sewer, water main and street 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 10-101 to 10-127; 12-601 to 12-608;
12 -617 -to 12-620; 12-626 to 12-629; and 13-1011 and 13-1011a'; and Sections 13-1013 to 13-1018,
and Sections 12-6a01 to 12-6a18 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,
j 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 said 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, 1970.
(SEAL)
Attest:
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City Cler
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Mayor
CONSOLIDATED-SALINA
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No. on the first day of ]
, 19 the ]
City of Salina, Saline County, ]
Kansas, will pay to the bearer the ]
sum of ] 19
dollars and cents ]
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in lawful money of the United States ]
of America, at the Office of the ] CITY OF SALINA, KANSAS
State Treasurer, Topeka, Kansas, ]
being six months interest on its ]
Internal Improvement Bond Series ]
P-213, Dated December 1, 1970. ]
No. ]_
--———————————————————
(Facsimile) ] $
Mayor ]
Attest: (Facsimile) ]
City Clerk ]
]
STATE OF KANSAS )
) SS
COUNTY OF SALINE )
I, D. L. Harrison, City Clerk of the City of Salina, Kansas, hereby certify
that the within Internal Improvement Bond, Series P-213 of the City of Salina,
Kansas, has been duly registered in my office according to law.
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
State, Auditor of Kansas
By:
Dire for of Post Audits
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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
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manner provided by law, and when duly executed and registered to deliver said bonds to the
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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 t.!)Ie prompt payment of said bonds
and all interest thereon. The Board of Commissioners of tlhe City of Salina, Kansas, shall
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annually make provisions for the payment of the principal snd interest on said bonds as
they severally become due by levying taxes and assessments upon 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 newspaper
(SEAL)
Attest:
City Clerk
Introduced: October 26, 1970
Passed: November 2, 1970