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6740 Issue Improve BondsC.ON SOLIDATED-SALINA 1 Ii (PUBLISHED IN THE SALIN -'i JOURN IL OCTOB11-1Ifit Z� , 1� t ORDINANCE NO. ^� 'NG ':N ORDINANCE 'AUTHORIZING THE ISSUANCE O INTERNAL Ii'iPRO i IENT BONDS 01' THE CITU 0_' &'ILINA K1�NrJ , S IN THE i1 I'IOUNT Or' p2vO, 000, ''OR T iE PURPOSE OF PAYING THE COST 0'? Ii,'PROVE.[ENTS CONSTITUTING P��RT Oil' THE FLOOD CONTROL SYSTEIM OF SAID CITY AND THE DA 1AGES CCC: SIONED BY REASON THEREO AND THE COST OF, RIGHT OF W1 -`1Y CONSTITUTING A PART On SAID SYSTE 1,11T REQS, pursuant to the provisions o Sect' -ons 12-535 to 12-04da, General Statutes of Kansas, 1949, and all amendments thereto, i' the governing body of said City has proceeded in con'orm.it-y v„ich lav; I' to carry out a 'loos control system, and W-HEi EAS, the cost of the City of Salina, Kansas, o --' the iin- i provements to said flood control system and the damages occasioned b-, reason thereof and the cost of r_i_ght o ” t!aay cons t l cuta part o �' S, stem to j J; m� ` and the City is author- ] ized to ".,si-e bonds pursuant to said stat uto_.,- p ovisions to pair such cost, I N01 , THERE -ORE, BE IT 0 fD4 INED BY THE B0." RD 0 CO 1- ISSION ii it THE /Y -f1�L _..� C7 �1 -/. • <:I �E CITY 0__ SS,_LINA, I�AN'1��� . Section 1.. That .Cor the purpose o -? paying the cost ol_' Lii- nrovements const _tuting a part of the 'loots Cont_'ol s;y S';etl o;' saiu and the damages occasioned by reason thereof' and the cost oI i_ght o way there are hereby issued Internal Improvement Bond: o_:' the City o_' Salina, Kansas, in the total principal amount o 32D0,000. Said is.ue shall constitute Series anc. shall consist' onsi s'c o 2 .50 bones, numbere 1 'coin1 to 22, 0, inclusive, all o:' said bonds beim; in the denomi-nat _on o'=' $1,000 each. All of said bonds shall be dated NovemOer 1, 19�,>, and s< i_d bonds shall be numberedand shall become due se-r'_a.11 � oT,)tion o:' prior payment, as Collows: NU iLLRSOUNT ",!ATURITr` IiT`.LEitEST 1 - 7 $7,000 'Iay 1, 195 8 - 13 6,000 November 1, 1905; 1�2� 14 - 20 1,000 '�iay 1, 1905 21 - 20 5,000 November 1, 1305 1 i - 33 7000 , .'Ia=T l 1957 1� ' �1 - �9 5,000 November 1, 1907 1/2 4o - ') 7, 000 :'Iay 1, 195 _ '('/�ci'o Z a 113 47 - 52 0,000 November 1, 1958 r /8 53 - 59 7, 000 lay 1, 1959 2 ; 00 - )5 0,000 November 1, 1909 2 (/ 06 - '(2 7, 000 qa JT 11 1970 7 j - 76 6,000 November 1, 1970 2- 7/8 (9 - 85 , 000 ay 1, 1971 '7 CIO - 91 6,000 November 1, 1971 2 7� i 4 i CONSOLIDATED -SALIVA 1 1 1 Bonds numbered 1 to 3�, inclusive, shall bear interest at the rate oi' three and one half per cent (3 1112%) per annum; bonds numbered 40 to 130, inclusive, shall bear interest at the rate o -' two and seven eights per cent (2 7/('J,',) per annum; bonds n t-�ibered 131 to lE 2, inclusive, !: shall bear interest at the rate of three per cent (3;) per annum, and bonds numbered 163 to 260, inclusive, shall bear interest at the rate o j three and one eighth per cent (,)1�1 ) per annum. ;paid interest shall be payable semiannuall;T on ''-'Iay 1 and November 1 in each year, Roth principal of and interest on said bonds shall be payable at the 3'`ce oi the State Treasure- of the Mate o" Kansas .in the City of Tobelca, j; Kansas. - Section 2. Said bonds shall be el�ecuted bar the`ayor ana shall be attested by the CitI:T Cleric, and. the corporate seal of the City shall be affixed thereto. Said bonds shall have interest coupons attached: thereto representint the interest on said bonds, and said interest coupons shall bear the facsimile signatures o_' the :'Iayor and City Clerk of said City. -2- "000 r'Ta7r i 1` 72 104 ,), 000 November 1, 19 2 105 - 111 7,000 : ay 1, 1973 112 - 117 ,000 November 1, 1)` 116 - 12'E 7 ,000 ,Ia.y 1, 1974 125 - 130 5, 000 November 1, 1974 .; �< 131 - 1.7 7,000 1., 1975 3"5 1?,e - 143 0,000 November 1, 1975 3I' 144 - 150 7,0000 -.ay 1, 197' 151 - 15 0,000 November 1, 19'� 1�5,7 - 163 -('000 a� -.919(177 3 134 - 109 6, 000 November 1, 1977 Y 170 - 11-6 '(, 000 i�'aY 1, 1970 ;', 17-, - 182 6, 000 November 1, 1978 �>> 16. - 165 7,000 ,'Tay 1, 1979 3 1 �; 19-0 - 195 �, 000 November 1, 197-01 1 �8 196 - 202 7,000 Ia T 1, 1960 20 - 206 '),000 November 1, 1960 209 - 215 -('000 ay 1, 1961 3 1/eco 215 - 221 0, 000 November 1, 1961 _ 1All' 222 - 228 7,000 229 - 234 6,000 November 1, 1982 1�6 235 - 241 7,000 Tay 1, 196 1 6 242 - 247 6, 000 November 1, 1)-63 248 - 254 ('000 I';Ia y 1, 1964 255 - 2 50 , 000 November 1, l 984 Bonds numbered 1 to 3�, inclusive, shall bear interest at the rate oi' three and one half per cent (3 1112%) per annum; bonds numbered 40 to 130, inclusive, shall bear interest at the rate o -' two and seven eights per cent (2 7/('J,',) per annum; bonds n t-�ibered 131 to lE 2, inclusive, !: shall bear interest at the rate of three per cent (3;) per annum, and bonds numbered 163 to 260, inclusive, shall bear interest at the rate o j three and one eighth per cent (,)1�1 ) per annum. ;paid interest shall be payable semiannuall;T on ''-'Iay 1 and November 1 in each year, Roth principal of and interest on said bonds shall be payable at the 3'`ce oi the State Treasure- of the Mate o" Kansas .in the City of Tobelca, j; Kansas. - Section 2. Said bonds shall be el�ecuted bar the`ayor ana shall be attested by the CitI:T Cleric, and. the corporate seal of the City shall be affixed thereto. Said bonds shall have interest coupons attached: thereto representint the interest on said bonds, and said interest coupons shall bear the facsimile signatures o_' the :'Iayor and City Clerk of said City. -2- CONSOLIDATED-SALINA 1 J pec i l_on 3. Said bonus and interest coupons and 'she ccrtifi- cates to appea_. on said bond. ,,hall be in the follol-,ln _"orm: No _ — 0 000 UNITED n( .L�?'T'�,S 0,L,"11l'iEhI�„ii COUNTY Oh' Sx1'LIT4F C I n 0 �' S ALINA INTERN<'LL r__:'TP_ROVL 1ENT FOND SFF' .,.,` rL-1 �1LL T Id BY THE- PI ' �:1�NT` Tha u 5`rie the Count;; o Saline, State Kansas,,, ac'_,nowle e debted el _ be n- 1 lle� n� value u_e .L'eCe vee h Ci> �1 ;17i yes �O �r the be + e' , L Q n'r G _ , r ca oz l:' ane �:. _ncpa_� ._ .in ONE r' OUS ND DOLL 1RS in law.4'ul smoney of the United States oy' America, with in ,e_ -gest they°eon _,om the date her•eol' at the rate of -ser cent ( ;) pe:_- annum, payable semi.ann all T on .Tay l and. Tovember 1 in each ;;year a'_'ter the date he-r•eo: , unt'.1 said prin..ipal sum shall have been paid, upon presentation and. sur,: ender o' the -_nte est coupons he _ e - Go attached, as said coupons severall',f becoiile diie, both pr, nc-li O and, interest on this bond being payable at the o:`_':i'ice o:" the State Trea`3ul'e-1, OL' the State o1. Kansas, in the City o Topeka, T'�ansa s. ,'md said City o-1- Salina, in the State of KLansas, is held and _ rnl;; bound by these presents, and the 'all 'aith, c__=ed _t and resou=-ces o ' said City are herek irrevocably pledged 'or, the prompt payment o" s,a iLd principal _ nd interest at maturity. This bond is one o_' a .peri es o' 250 bonds oi' lime date and tenor, e_.ceptin, number, ince.--,est rate and matu °it"T, nunbered r.'rom 1 to 230, i n c 1 u ive, and desz-•nested Series " � _''L 19':)),ag rea ­, n- the p - -i_nc pa.1 amOLi.nt• O 62J0,0'O0, issued bar "i,;he C1ty Of Salina, K_ans�_-,s, 'On the pu '- pose o _' ;�� yin the cos', of improvements consti Cutin,_; a part o_' the 'lood control ,_ Ys tem o _' said City and 'tile damages occasioned. by reason thel eo and the cost O ri ht O V7ay constitutin_ a pari. O== s,i0 s; ;tem, by the authority part and in r_'ull compliance Z;ith the ,i�. ovisions, rests fiction,;. anti limitations o,' the Const!_tution and 1aS%7s oi' 'the `_it' to Of' Ti_ans,a�, including Sections 10-101 to 10-127, inclusive, and 12- to 12-6!;''a, oi' the General Statutes of Kansas, 1949, and all amendments thereto, and this bond and all other provisions oi' the la"as o_' said State appli- cable thereto, and this bonand all other bonds o.-' d all sa series, anc�_ all interest thereon, are to be paid by said City o,' 3'alina, Kansa,,,. And it is hereby declared and cer•tilied that Lill acts, cond. tions and things required to be done and to exist precedent to and in the issuance o' this bond have been properl.T done and performed and do exist in due and regular form and manner as required by the Constitution and laws o ' the State o ' Zansas, and that the to -lal indebtedness o,_' said City, includi_n this series o"' bonds, does not e:>ceed an;; constitutional or statutory limitation. -3- CONSOLIDATED-SALINA 1 1 1 IN ?IHsREOF, the said. City of Salina, in the State of K nsas, by its Poard. of City Cormmissioners, has caused this bond to be signed b;; .i_ts Payor, and its corporate seal to be he_,_ -to alfix-(' ctteted by .L,s Clty C1erT�, and the COLIJOnC rGretO attaClileCh t0 be si"mnec. with the facsimile signatures 1 ofJ said officers, and this "bond to be dated this First day of November, 1963. City Cleric Mayor (COUPON) Bonds 1 - ?ca---- 3, - � 17, 0 �0 - IN----- 1 .37 Pv-1:: y 1) 14.38 131 - 182----- 15.00 133 - 260----- 15,6,2 M� �r 1) 15.63 Nov. 1) May No.J On the First day of November, 19 , the City Of Salina, Kansas, ?1 _11 I,ay to bearer the sum of ,Dollars and Cents, 1aT,Ts.fu7 i-io-ney of the United Mates of America, at the office ice of the 'Mate Treasurer, Toreka, Kansas, being months' interest on its Internal Im-)rovement Bond, series FL -193, dated Novem- ber 1, 1963, No. ---(facsimile) May 1, I November 1, 19 M ------------------------- City of Salina, Kansas (facsimile) City Clerk ---------------------------------------------- -------------------------- -4- CONSOLIDATED-SALINA 1 1 � jl STATE 0- v SS. � GL'NTY G.�' S.`..LIi\E ? I, H. S. Peterson, Ci Clerk of the City o:;_' Salina, Kansas, hereby- certify- that the within Internal Improvement- gond, Serie, 7.L-193, of the City o Salina, Kansas, has been duly registered in my office according to law. WITNESS my hand and official seal this day of 1963. City� Cler• , , ------------------------------------------------------------------- Of' l'ICE 0 THE STATE AUDITOR 0` KANS AS I, Clay E. rIedriclti, State :auditor o r=ansas, do hereby ce r L"T that a tranl.cr•ipt of the proceed.in,_, leading -up to the issuance of '11 bond has been filed in my office, and that this bonci and the coupon,-, ' ] l 1 attae eco theeco were registered. in my of'ice accordin to la-,, this i'ITNESS my hand and o:'._'ficial seal. By State Audit -oro -Ensas Director o' Pos -"_amiss Section 4. The Aayor and City Clerk c':re herebT authorized and ' directed to p-_r-ep:�re-nd execute t}ze bonds hereinbe 'ole d.esc-_wibed, anj. to procure the proper re",JL 0, trat ion thereo �', and to del-" - ver, said bond,,> to the purchasers thereo _' on py ament of the purchase price Cher°ei'or, The proceeds of said bonds shall be placed in the Cit-;- treasury and_ shall be applied 'or the sole pur-pose oY' paying thecos'c o the im- provements hereinbe'ore desc.-,_°ibed. Section 5. The full faith, credit and resources of the City oSalina, 1Lansas, shall be, and the same hereby are pledged or the prompt payment of said bonds and all interest thereon, ac the same shall annually make provision for the payment of the principal and interest on said bonds as the same become due, by levj,ring and collect:in the necessary taxes therefor in the manner provided. by J_ata. CONSOLIDATED-SALINA 1 1 1 Section o. This ordinance shall tame effect and be in force from and after its passage and xoublication in the Salina Journal. I _ PASSED by the Board o.' Cormissioners of the City o=' Salina, I! Kansas, this �� day of October, 1963. i, j Cy cy Clerk APPROVED October ���; 1963 ,y ay i i i i -6-