6887 Library BondsCONSOLIDATED-SALINA
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ORDINANCE NUMBER
(Published in The Salina Journal t ,�, 1965)
AN ORDINANCE authorizing and providing for the issuance of bonds of the City of
Salina, Kansas, in the sum of $675,000.00 to pay for the acquiring of a site for
and constructing, furnishing and equipping a public library building in and for
the City of Salina, Kansas, and all things incidental thereto, to be designated
as Series LB -200.
WHEREAS, at an election duly called and regularly held in the City of Salina, Kansas,
on the 23rd day of February, 1965, there was submitted to the qualified electors of
the City the proposition of "Shall the City of Salina, Kansas, issue its general
obligation bonds in the amount of $675,000.00 for the purpose of acquiring a site
for and constructing, furnishing and equipping a public library building in and
for said City?", all pursuant to Ordinance Number 6844 of said City and the laws
of the State of Kansas; and
WHEREAS, all directives of said Ordinance Number 6844 and the laws of the State of
Kansas, relative to such elections, were fully and timely complied with; and
WHEREAS, at such election, a majority of the votes cast thereat upon said proposition,
were cast in favor of authorizing the said City of Salina, Kansas, to issue its bonds
in said sum for such purpose, all as duly and regularly determined by the Board of
Commissioners as a Board of Canvassers (ex -officio) in the manner and form required
by law; and
WHEREAS, a competent engineer, by Resolution Number 2839, duly adopted by the Board
of Commissioners of said City, was directed to and did submit unto said Board of
Commissioners, under oath, a detailed estimate of the cost of said land to be
acquired, and the cost of constructing, furnishing and equipping a public library
building, and all things incidental thereto, all in compliance with the directives
of said Resolution Number 2839; and
WHEREAS, said Board of Commissioners did receive, accept and approve the detailed
estimate of the cost thereof; and
WHEREAS, the actual cost of said project to the City of Salina, Kansas, is the
estimated sum of $675,000.00; and SO NOW, THEREFORE
BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas:
Section 1. That the foregoing preambles are hereby made a part of this ordinance.
That in the opinion of the Board of Commissioners of the City of Salina, Kansas,
the public welfare can be advanced by the building of a Public Library, and all
things incidental thereto, as heretofore duly authorized by the qualified electors
of the City; and that said Board of Commissioners deems it necessary for said land
to be so acquired and for said Public Library Building to be constructed, furnished,
and equipped and improved for the purposes aforesaid. That for the purpose of
paying the cost of land for a Public Library Building to be constructed, furnished,
and equipped, and all things incidental thereto it is hereby ordered that Internal
Improvement General Obligation Bonds of the City of Salina, Kansas, in the principal
sum of $675,000.00 be issued to pay for the cost of said land and improvements, as
heretofore duly authorized by the qualified electors of said City.
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That the sum of $675,000.00 shall be represented by 135 bonds of the
principal
sum of $5,000.00
each numbered 1 to 135 inclusive,
and said
bonds shall be
dated
1, 1965
as
bear interest'k
followsl ao,f
LNovember �and, �s-hg-a-l-^l ._
-�D,,'cppOC.��i ✓C- l_ �' u'Vp.✓h. -Li ""r^.l;• �s�yl..d-I-N..,� Ce��J2 . ,.,,G.( 1'Ct-Cw(-¢.e_Q d //"=L�.J
�¢�� `"e/t.--"i-�'4.
`A.x-s
t,
..
q'
��
ui
per cent
per annum
from and after the date thereof,
payable
May 1, 1966 and
November
1, 1966,
thereafter on each May 1st
and November lst in 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
7
5,000.00
15,000.00
November 1,
1967
8 to
11
5,000.00
20,000.00
May 1, 1968
12
to 14
5,000.00
15,000.00
November 1,
7
1968
15
to 18
5,000.00
20,000.00
May 1, 1969
19
to 21
5,000.00
15,000.00
November 1,
1969
22
to 25
5,000.00
20,000.00
May 1, 1970
26
to 28
5,000.00
15,000.00
November 1,
1970
29
to 32
5,000.00
20,000.00
May 1, 1971
_133
5,000.00
15,000.00
November 1,
1971
36
to 39
5,000.00
20,000.00
May 1, 1972
40
to 42
5,000.00
15,000.00
November 1,
1972
43
to 46
5,000.00
20,000.00
May 1, 1973
47
to 49
5,000.00
15,000.00
November 1,
1973
50
to 53
5,000.00
20,000.00
May 1, 1974
54
to 56
5,000.00
15,000.00
November 1,
1974
57
to 60
5,000.00
20,000.00
May 1, 1975
61
to 63
5,000.00
15,000.00
November 1,
1975
j
64
to 67
5,000.00
20,000.00
May 1, 1976
/
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68
to 70
5,000.00
15,000.00
November 1,
1976
71
to 74
5,000.00
20,000.00
May 1, 1977
75
to 77
5,000.00
15,000.00
November 1,
1977
78
to 81
5,000.00
20,000.00
May 1, 1978
82
to 84
5,000.00
15,000.00
November 1,
1978
85
to 88
5,000.00
20,000.00
May 1, 1979
89
to 91
5,000.00
15,000.00
November 1,
1979
92
to 95
5,000.00
20,000.00
May 1, 1980
___96_to
98 5,000.00
15,000,00
November 1,
1980--__--
980______99
99
to 102
5,000.00
20,000.00
May 1, 1981
103
to 105
5,000.00
15,000.00
November 1,
1981 3
106
to 108
5,000.00
15,000.00
May 1, 1982
109
to 111
5,000.00
15,000.00
November 1,
1982_
112
to 114
5,000.00
15,000.00
M� ay �, 1983
115
to 117
5,000.00
15,000.00
November 1,
1983
118
to 120
5,000.00
15,000.00
May 1, 1984
121
to 123
5,000.00
15,000.00
November 1,
r
1984 .1
124
to 126
5,000.00
15,000.00
May 1, 1985
127
to 129
5,000.00
15,000.00
November 1,
1985
130
to 132
5,000.00
15,000.00
May 1, 1986
133
to 135
5,000.00
15,000.00
November 1,
1986
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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 each of said bonds shall have interest coupons attached, which coupons
shall be in the form required by law and each thereof shall bear the printed or
lithographed facsimile signatures of the Mayor and the 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 State Auditor, as required by law.
Section 3. Said bonds shall be designated as Series LB -200 and shall be in
the form and contain recitals substantially as follows, to -wit:
CONSOLIDATED-SALINA
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UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
INTERNAL IMPROVEMENT BOND
No. Series LB -200 $
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 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 135 bonds of like date and tenor, excepting number,
interest rate and maturity, aggregating the principal sum of $675,000.00 issued
by the City of Salina, Kansas for the purpose of paying the cost of constructing,
furnishing and equipping a Public Library Building in said City by the authority
of and in full compliance with the provisions, restrictions and 1' itations of
the Co s ituty� and laws of the State of Kansas, including �� 10-101 to
10-133. hand 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 LB -200 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 LB -200 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
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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 force from and after
its adoption and publication once in the official city paper.
Introduced:
Passed: '���� ^J
(SEAL)
Attest:
City Clerk
Mayor