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5977 Construct Armoryof 1 1 i ORDINANCE NUMBER 5977 ( Published in the Salina JournalJ, ; (,.� w 7-� , 1955 ) AN ORDINANCE authorizing the raising of funds to be contributed to the Kansas Military Board for acquiring or constructing an armory for the City of Salina, Kansas, to be used by the Kansas National Guard and the Kansas State Guard, as provided for by Article 3 of Chapter 48 of the General Statutes of Kansas, for 1949, and all amendments thereto, and providing for the issuance of $80,000.00 in general obligation bonds of said city designated as Series A-166 to pay the cost of same. W$CREAS, the City of Salina, Saline County, Kansas, has a National Guard Organization within its boundaries; and WHEREAS, the Board of Commissioners of the City of Salina, Saline County, Kansas, has here tofore by ordinance duly and regularly passed on September 27, 1954, authorized and provided for a special election for the purpose of providing funds to be contributed to the Kansas Military Board for acquiring or constructing an armory for the City of Salina, Kansas, to be used by the Kansas National Guard and the Kansas State Guard; and WHEREAS, notice of said special election for that purpose, stating the purpose for which the election was called, the amount of bonds to be voted on, and the purpose for which the bonds were to be used, and the time when and the place where, and the voting places where said election was to be held, was given by the Board of Cormi.ssioners, which notice, signed by the Commissioners and City Clerk, was duly regularly published in three consecutive issues of the SALINA JOURNAL, the official paper of the City of Salina, Saline County, Kansas, the first publication of which was on October 8, 1954, which was at least twenty-one (21) days prior to the date fixed for such election; and 3 WHEREAS, said election was held on the 2nd day of November, 1954, and the Board of Commiss- ioners did duly and regularly canvass the vote thereon, and declare that a majority of the electors voting voted in favor of the proposition of issuing said bonds; and WHEREAS, all other legal requirements, as provided in the statutes ofthe State of Kansas,, have been fully complied with, with reference to the making of said improvements, and the issuance of bonds to pay for the cost thereof; and SO NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF SALINA, SALINE COUNTY, KANSAS: Section 1. That the City of Salina, Saline County, Kansas, raise funds to be con- tributed to the Kansas Military Board Zr acquiring or constructing an Armory for the City of Salina, Kansas, to be used by the Kansas National Guard and the Kansas State Guard. Section 2. That for the purpose of raising said funds there shall be issued General Obligation Bonds (Argy), of the City of Salina, Saline County, Kansas, to be known as Series! A-166, in the amount of $80,000.00, which said bonds shall be in the denomination of $1,000.00! each, numbered from 1 to 80, both inclusive, dated August 1 1955, and bear interest as follow, to -wit: Bonds Numbers 1 to 24 inclusive at the rate of Two and Three Fourths per cent (2 3/4%) per annum, bonds numbered 25 to 80 inclusive at ther-at-e- o wo pereem o per annumo Sala interest shall be payable on February 1, 1956 and semi-annually thereafter on August 1 and February ach year; said interest to be evidenced by interest coupons as erein pro a or, I Bvtrms Cc VRML and said bonds maturing in the following amounts, upon the following dates, to -wit: NUMBERS MATURITY AMOUNT 1 to 5 to 4 8 February 1, 1956 $4,000.00 9 to 12 August 1, 1956 4,000,00 13 to 16 February 11 1957 4,000.o0 17 to 20 August 1, February 1, 1957 1958 4,000.00 4,000.00 21 to 25 to 24 28 August 1, 1958 4,000.00 29 to 32 February 1, August 1, 1959 1959 4,000.00 4,000.00 33 to 36 February 1, 1960 4,000.00 1 17 VP1L3LiW MATURITY URITl AMOUNT 3l to to 40 44 August 1, 1960,OoO.00 the SALIxA JOURNAL, the to February 1, 1961000.00 49 to 52 August 1, 1961 4,000.00 53 to 56 February 10 1962 4 000.00 57 to 60 August 11 1962 4 000.00 61 to 64 February 1, 1963 4,000.00 65 to 68 August 1, 1963 4,000.00 ! 69 to 72 February 1, 1964 4 000.00 ' 73 to 76 August 1, 1964 000.00 77 to 80 February 1, 1965 4000.00 August 1, , 1965 4,000.00 SEtion3. Said bonds and coupons shall contain recitals, and be in the form and of the size as provided by the statutes of the State of Kansas. 1 Section 4. That said bonds shall be signed by the Mayor and attested by the Clerk of said City, and shall have the corporate seal affixed, and the interest couponsshall be signed with the facsimile signatures of said Mayor and City Clerk, and both principal and interest shall be payable at the office of the State Treasurer of the State of Kansas, in the City of Topeka, Kansas. Section 5. That the Mayor and City Clerk are hereby authorized to prepare and ex- ecute said bonds and coupons and, when so executed, said bonds shall be registered as required by law, and the governing body SIZU annually make provision for the payment of the principal and interest of said bonds as the same shall become due by levying a tax upon all the taxable property of said city. Section 6. That all ordinances or parts of ordinances in conflict herewtth are hereby repealed. Section 7. That this ordinance shall be in full force and take effect from and after its publication in the SALIxA JOURNAL, the official city papa', as provided by law. Introduced: July 12, 1955 Passed: July 19 , 1955 Mayor (SEAL) Attest: City Clerk