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6018 Issue GO Bonds S-1670 ORDINANCE NUMBER (Published in the Salina Journal f ;�.�, w,�,,- i � , 1955 AN ORDINANCE providing for and authorizing the issuance of Improvement Bonds of the City of Salina, Kansas, in the sum of $116,547.25, to pay the cost of constructing main sani- tary sewers and certain lateral sanitary sewers and storm sewer, in the City of Salina, Kansas, which bonds shall be designated as Series 5-167. WHEREAS, pursuant to proceedings duly had according to law, certain main and certain lateral sanitary sewers and storm sewer have been constructed in the City of Salina, Kansas, in main sewer districts and certain lateral sanitary sewer districts, as follows; Claflin Storm Sewer as provided for and authorized by Ordinance Number 5897. Lateral Sanitary Sewer District Number 302 as provided for and authorized by Ordinance Number 5866. Lateral Sanitary Sewer District Number 303 as provided for and authorized by Ordinance Number 5887. Lateral Sanitary Sewer District Number 304 as provided for and authorized by Ordinance Nuimber 5887. Lateral Sanitary Sewer District Number 305 as provided for and authorized by Ordinance Number 5887. Main Sanitary Sewer District Number "Z" as provided for and authorized by Ordinance Number 5885• Lateral Sanitary Sewer District Number 306 as provided for and authorized by Ordinance Number 5898. Lateral Sanitary Sewer District Number 307 as provided for and authorized by Ordinance Number 5919• Lateral Sanitary Sewer District Number 308 as provided for and authorized by Ordinance Number 5919• Lateral Sanitary Sewer District Number 309 as provided for and authorized by Ordinance Number 5919• Lateral Sanitary Sewer District Number 310 as provided for and authorized by Ordinance Number 5919• Lateral Sanitary Sewer District Number 311 as provided for and authorized by Ordinance Number 5930• Lateral Sanitary Sewer District Number 312 as provided for and authorized by Ordinance Number 5935• Lateral Sanitary Sewer District Number 313 as provided for and authorized by Ordinance Number 5935• Lateral Sanitary Sewer District Number 314 as provided for and authorized by Ordinance Number 5938• WHEREAS, the total cost of said sewers constructed in and as the sewer districts above mentioned and to be paid by special assessments levied upon lots and pieces of ground liable for the payment of said sewers in the sewer districts above mentioned has been ascertained and is hereby found and determined to be the sum of $67,716.05, which amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor according to law and as provided for in the Ordinances of the City of Salina relating thereto, of which amount the sum of $6,368.35 has been paid by the owners of the property liable therefor, leaving a balance for which bonds will be issued in the sum of $61,347.70. WHEREAS, the total cost of the said Storm Sewer has been ascertained in the amount of $55,199.55 to be paid by general taxes to be levied upon all taxable property within said city; and for which bonds are to be issued; and WHEREAS, bonds in the aggregate sum of $116,547.25 are to be issued to pay the actual net cost thereof; NOW THEREFORE, 1 1 1 BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That the foregoing preambles are being hereby adopted and made apart of this ordinance and that for the purpose of providing funds to pay the cost of the improvements, hereinbefore described, there shall be issued and there hereby are issued, Internal Improvement Bonds of the City of Salina, Kansas, in the total principal sum of $116,5+7.25, which issue shall consist of 116 bonds numbered from 1 to 116 inclusive, all dated November 1, 1955, bonds numbered 1 to 116 inclusive, to bear interest from date at the rate per cent per annum, payable August 1, 1956 and thereafter semiannually on February 1st and August lst of each year to be evidenced by interest coupons as herein provided for, and said bonds shall become due serially in denomination as follows: Bonds numbered 1 to 29 for $1,000.00 each except Number 1 is for $1,5+7.25 due August 1, 1957. Bonds numbered 30 to 58 for $1,000.00 each, due August 1, 1958• Bonds numbered 59 to -77 for $1,000.00 each, due August 1, 1959• Bonds numbered 78 to 116 for $1,000.00 each, due August 1, 1960. 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 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 the City Clerk of said City and bonds and interest coupons shall be registered in the offices of the City Clerk and the State Auditor as required by law. Section 3. Said bonds shall be designated as Series S-167, and shall be in the form and shall contain recitals substantially as follows, to -wit: 1 1 r UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA Series S-167 No. 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 the bearer the sum of DOLLARS in lawful money of the United States of America, on the first day of August 19 with interest thereon from the date hereof at the rate of per cent per annum, payable August 1, 1956 and thereafter semiannually on the first days of February and August in each year, on presentation and surrender of the interest coupons hereto annexed as said coupons severally become due, both principal and interest of 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 irrevocable pledged for the payment of said principal and interest at maturity. This bond is one of a series of 116 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum $116,547.25, issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing a main sanitary sewer and certain lateral sanitary sewers and storm sewers,Iid said city be 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,Sections 12-617 to 12-620, Sections 12-626 to 12-629, and Sections 13-1013 to 13-1018, all in the General Statutes of Kansas, 1949, 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 to 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 limitations. 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 , 1955• Attest: City Clerk Mayor No. on the first day of 19 , the City of Salina, Saline County, Kansas, will pay to the bearer the sum of Dollars and cents, lawful money of the State Treasurer, Topeka, Kansas, being (Six) (Nine) months' interest on its Internal Improve- ment Bond, Series S-167, dated November 11 1955 a No. (Facsimile) Mayor Attest: (Facsimile) City Clerk - - - - - - - - - - - - - - - - - - - - - - - - - J STATE OF KANSAS February 1, August 1, 19 , ------------------- E CITY OF SALINA, 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 S-167, of the City of Salina, Kansas, has been duly registered in my office according to law. WITNESS my hand and official seal this day of , 1955 City Clerk OFFICE OF THE AUDITOR OF THE STATE OF KANSAS I, George Robb, Auditor of the State 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 H -low WITNESS my hand and official seal. 1 Auditor of State By: Director of Post -Audits 1 1 1 Section 4. The Mayor and the City Clerk are hereby authorized and directed to pre- pare and execute the bonds hereinbefore described and to advertise to 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 Ralina, 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, the same become due by levying taxes and assessments upon the property liable therefore as provided by law. Section 6. This ordinance shall take effect and be in force from and after its publication once in the official city paper. (SEAL) Attest: City Clerk Introduced: November 29, 1955 Pas sed : r 1 f Mayor