6886 GO Bonds P-199CONSOL IDATED-SALINA
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ORDINANCE NUMBER ( H t
(Published in The Salina Journal nw�(2� , 1965)
An ordinance authorizing the issuance of Internal Improvement Bonds of the City
of Salina, Kansas, in the sum of $360,000.00, to pay the cost of Sanitary Sewer
and Street Improvements in said City to be designated as Series P-199.
WHEREAS, the cost of improving streets as per Resolutions Numbered 2695, 2702,
2704, 2703, 2711, 2712, and Ordinance Numbers 6726, 6824, 6825 has been determined
to be $149,148.70, and
WHEREAS, the cost of improving streets as per Resolutions Numbered 2731, 2732, 2730,
2739, 2715, 2722, 2723, 2735, and Ordinance Numbers 6748, 6757, 6830, has been
determined to be $61,813.17, and
WHEREAS, the cost of improving streets as per Resolutions Numbered 2771, 2760,
2754, 2774, 2759, 2758, 2757, 2756, 2766, 2751, 2753, and Ordinance Numbers 6791,
6796, 6851, has been determined to be $142,948.50, and
WHEREAS, the cost of the construction of Sanitary Sewers as per Ordinance
Numbers 6771, 6780, 6795, 6802, 6849 has been determined to be $17,654.61, and
WHEREAS, the total cost of improving streets has been ascertained and the
portion thereof in the amount of $97,433.37 was apportioned to the City at Large
and of this amount $2,261.21 has been duly paid by the City Water Department to
cover cost of water pipe and hydrants, leaving a talance of $95,172.16, 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
and for the improvement of any of said streets, where same is through or adjacent
to property of the City for which the City is liable, for which bonds are to be
issued; and
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WHEREAS, the total cost of said street and sanitary sewer improvements, which
are to be paid by Special Assessments and to be levied upon lots and pieces of
ground liable for the payment said street and grading in said streets and for
Sanitary Sewers has been ascertained and has been hereby found and determined to
be the sum of $274,131.61, which amount has been heretofore duly assessed and
apportioned to the several lots and pieces of ground liable therefore according
to law provided for in the Ordinances of the City of Salina, Kansas, relating
thereof, duly passed and approved of which amount the sum of $9,303.77, has been
duly paid by the property owners liable therefore, leaving the amount of $264,827.84
for which bonds are to be issued; and
WHEREAS, bonds in the aggregate sum of $360,000.00 are to be issued to pay
the actual cost thereof.
BE IT ORDAINED By the Board of Commissioners 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 $360,000.00 which shall consist of 72 bonds numbered 1 to 72 inclusive all
dated November 1,
1965;
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CONSOLIDATED-SALINA
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from and after said date until the respective maturities of said bonds, payable
semiannually on May 1, and November 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
Maturity
1
to
4
$5,000.00
$20,000.00
May 1, 1967
5
to
8
5,000.00
20,000.00
November 1,
1967
9
to
12
5,000.00
20,000.00
May 1, 1968
13
to
16
5,000.00
20,000.00
November 1,
1968 3; 3z
17
to
20
5,000.00
20,000.00
May 1, 1969
21
to
23
5,000.00
15,000.00
November 1,
1969
24
to
27
5,000.00
20,000.00
May 1, 1970
28
to
30
5,000.00
15,000.00
November 1,
1970
31
to
34
5,000.00
20,000.00
May 1, 1971
35
to
17
5,000.00
15,000.00
November 1,
1971
38
to
41
5,000.00
20,000.00
May 1, 1972
42
to
44
5,000.00
15,000.00
November 1,
1972
45
to
48
5,000.00
20,000.00
May 1, 1973
49
to
51
5,000.00
15,000.00
November 1,
1973 7���;
52
to
55
5,000.00
20,000.00
May 1, 1974
56
to
58
5,000.00
15,000.00
November 1,
1974
59
to
62
5,000.00
20,000.00
May 1, 1975
63
to
65
5,000.00
15,000.00
November 1,
1975
66
to
69
5,000.00
20,000.00
May 1, 1976
70
to
72
5,000.00
15,000.00
November 1,
1976
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-199 and shall be in the
form and shall contain recitals substantially as follows, to -wit:
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CONSOLIDATED-SALINA
CONSOLIDATED-SALINA
No.
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
INTERNAL IMPROVEMENT BOND
Series P-199 $
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
per cent per annum, payable semiannually on May 1,
and November 1, in each year, on presentation and surrender of the interest coupons
hereto affixed as said coupons become severally due, both princ_+.pal 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 72 bonds of like date and tenor, excepting number,
interest rate and maturity, aggregating the principal sum of $360,000.00 issued by
the City of Salina, Kansas for the purpose of paying the cost of constructing certain
street and 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 Sections 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,
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 its Mayor and its corporate seal to be hereto affixed,
attested by 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
November, 1965.
Attest:
City Clerk
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 in )
--------------------
lawful money of the United States of America, )
at the Office of the State Treasurer, Topeka, ) City of Salina, Kansas
Kansas, being six months interest on its )
Internal Improvement Bond, Series P-199 dated )
November 1, 1965. )
No. )
--------------------
(Facsimile) ) $
Mayor )
Attest: (Facsimile) )
City Clerk )
------------------------ --------------------
STATE OF KANSAS )
SS
COUNTY OF SALINE )
I, H. E. Peterson, City Clerk of the City of Salina, Kansas, hereby certify that
the within Internal Improvement Bond, Series P-199 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
1965.
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 pape—ry.
Introduced:
Passed:�`'�''�" 1 G�
(SEAL)
Attest:
City Clerk
nr/wjojor �t.� i
Mayor