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6020 Issue GO Bonds P-169i AN ORDINANCE authorizing and providing for the issuance of Improvements Bonds of the City of Salina, Kansas, all in the sum of $292,381.66, to pay the cost of improving certain streets in said city to be disigmted as Series Number P-169. i WHEREAS, pursuant to proceedings duly had according to law, contracts have been let and per- formed for the construction of the following street improvements in the City of Salina, Kansas, to -wit: Curbing, guttering, Paving and grading with two-inch hot mixed asphaltic concrete over a six-inch rock stabilized base, 32 feet wide from face of curb to face of curb Birch Drive from the north line of Lot 9, Block 8 and the north line of Lot 23, Block 7, all in Replat of Edgemere Addition to the west line of Hemlock Drive, as provided for by Resolution Number 1474 and Ordinance Number 5896. Paving and grading with two-inch hot mixed asphaltic conrete over a six- inch rock stabilized base, Hemlock Drive, 28 feet toe of gutter to toe of gutter from the north line of Lot 7, Block 9, Replat of Edgemere Addition to the south line of Redwood Drive, as provided for by Resolution Number 1473 and Ordinance Number 5896. Curbing, guttering and grading of Hemlock Drive from the north line of Lot 7, Block 9, Replat of Edgemere Addition to the center line of Red- wood Drive, as provided for by Resolution Number 1450 and Ordinance Number 5896. i Resurfacing of Iron Avenue with two-inch hot mixed asphaltic concrete from the west line of Delaware Avenue to the East line of Fifth Street, as pro- vided for by Resolution Number 1528 and Ordinance Number 5953• Curbing, guttering, paving and grading with two-inch hot mixed asphaltic concrete over a six-inch rock stabilized base, Cherokee Drive, from the south line of Pueblo Avenue to the center line of Republic Avenue, as provided for by Resolution Number 1517 and Ordinance Number 5953• Curbing, guttering, paving and grading to a width of thirty-six (36) feet from back to back of the curbing, with two-inch hot mixed asphal- tic concrete over a six-inch rock stabilized base, Front Street from the north line of Crawford Avenue, thence north to the north line of Prescott Avenue, as provided for by Resolution Number 1519 and Ordi- nance Number 5953• Curbing, guttering, paving and grading with two-inch hot mix asphalt over a six-inch crushed rock base, 28 feet wide from toe of gutter to toe of gutter Kirwin Avenue from the east line of Lewis Avenue to the west line of Ohio Street, as provided for by Resolution Number 1525 and Ordinance Number 5953• Paving and gradag with two-inch hot mixed asphaltic concrete over a six-inch rock stabilized base, Kirwin Avenue, from east side of Roach Street to west side of Lewis Avenue, as provided for by Resolution Number 1513 and Ordi- nance Number 5953• Paving and grading with two-inch hot mixed asphaltic concrete over a six- inch rock stabilized base, on Kansas Avenue, from the north line of Ash Street to the south line of Elm Street, as provided for by Resolution Number 1510 and Ordinance Number 5953• I Paving and grading to a width of twenty-eight (28) feet from toe of gutter to toe of gutter, with two-inch hot mixed asphaltic concrete over a six-inch rock stabilized base, Lewis Avenue from the north line of Martin Avenue to the south line of McAdams Road, as provided for by Resolution Number 1499 and Ordinance Number 5953• Curbing, guttering and paving with two-inch hot mixed asphaltic concrete over a six-inch rock stabilized base, Redwood Drive from the west line of Cherokee Drive to the east line of Willow Court, as provided for by Resol- ution Number 1518 and Ordinance Number 5953• Paving and grading of Eleventh Street from the north line of Franklin Street to the north line of Wilson Street, as provided for by Resolution Number 1459 and Ordinance Number 5895• 3 Paving and grading of Eleventh Street from the north line of Franklin Street to the south line of Frost Street, as provided for by Resolution Number 1460 and Ordinance Number 5895 Paving and grading of Phillips Street with six-inch reinforced concrete 28 feet back of curb to back of curb from the north line of Morrison Avenue to the north line of Prescott Avenue, as provided for by Resolu- Number 1454 and Ordinance Number 5895• Paving and grading of Wilson Street with six-inch reinforced concrete 33 feet back of curb to back of curb from the east side of Fifth Street to the west side of Front Street, as provided for by Resolution Number 1449 and Ordinance Number 5895• Curbing, guttering, paving and grading of Bond Street with concrete 32 feet wide from face of curb to face of curb, from the east line of Fifth Street to the west line of Front Street, as provided for by Resolution Number 1470 and Ordinance Number 5895• Curbing, guttering, paving and grading to a width of 40 feet, Crawford Avenue from the center line of Broadway Boulevard to the west line of Cherokee Drive, as provided for by Resolution Number 1455 and Ordinance Number 5895• Curbing, guttering, paving and grading of Decatur Street with concrete 32 feet wide from face of curb to face of curb, from the east line of Ninth Street to the west line of Santa Fe, as provided for by Resolution Number 1465 and Ordinance Number 5895• Curbing, guttering and paving of Harsh Avenue with concrete 32 feet wide from face of curb to face of curb, from the west line of Ninth Street to the east line of Tenth Street, as provided for by Resolution Number 1466 and Ordinance Number 5895• Curbing, guttering, paving and grading of Kirwin Avenue, with concrete 32 feet wide from face of curb to face of curb, from the east line of Osborne Street to the west line of Quincy Street, as provided for by Resolution Number 1475 and Ordinance Number 5895• Curbing, guttering and paving and grading with concrete, 33 feet wide back of curb to back of curb, Morrison Avenue from the west line of Phillips Street to the east line of College Street, as provided for by Resolution Number 1464 and Ordinance Number 5895• Curbing, guttering, paving and grading of Roach Street, with concrete, 32 feet wide from face of curb to face of curb, from the south line of Minneapolis Avenue to the south line of Ellsworth Avenue, as provided for by Resolution Number 1469 and Ordinance Number 5895• Curbing, guttering and paving with concrete thirty-six (36) feet from face of curb to face of curb Eleventh Street from the north line of Grand Avenue to the South line of Broadway Boulevard, as provided for by Resolution Number 1488 and Ordinance Number 5922• Curbing, guttering, paving and grading with concrete, 28 feet wide toe of gutter to toe of gutter Pearl Street from the north line of Martin Avenue to the south line of McAdmas Road, as provided for by Resolution Number 1498 and Ordinance Number 5922• Paving and grading of Republic Avenue from the east line of the Missouri Pacific right-of-way to the center line of Broadway Boulevard, as provided for by Resolution Number 1490 and Ordinance Number 5922• paving and grading with concrete, 28 feet toe of gutter to toe of gutter Roach Street from the north line of Ellsworth Avenue to the south line of Kirwin Avenue, as provided for by Resolution Number 1497 and Ordinance Number 5922. Paving and grading of Wood Avenue from the south line of Crawford Avenue to the north line of Bond Avenue, as provided for by Resolution Number 1486 and Ordinance Number 5922. WEM2MAS, the total cost of said improvements has been ascertained and the portion thereof in the amount of $88,626.27 to be paid by general taxes to be levied upon all taxable property within 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 the same is throuth or 1 <,' �' 4�' 1 1 fl j adjacent to property of the city for which the city is liable, and for which bonds are to be issued; and i WHEREAS, the total cost of said curbing, guttering, paving and grading of said streets, which, are to be paid by special assessments and to be levied upon lots and pieces of gound liable for the payment of said curbing, guttering, paving and grading in said streets has been ascertained and has been hereby found and determined to be the sum of $214,222.51 which amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor according to law provided for in the ordinance of the City of Salina, Kansas,; relating thereto, duly passed and approved of which amount the sum of $10,467.12 has been duly paid by the property owners liable therefor, leaving a balance of $203,755.39 for which bonds are to be issued; and WHEREAS, bonds in the aggregate sum of $292,381.66 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 the improve- ments 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 $292,381.66, which shall consist of two hundred Ninety-two, numbered 1 to 292, inclusive all dated November 1, 1955, which shall bear interest at the rate of /}� Per annum and from and after said date until the respective maturities of said bonds, payable) May 1, and November 1, 1956 thereafter on each May 1, and November 1, in each year, said � interest to be evidenced by interest coupons as herein provided for and said bonds shall become due as follows: Bonds Numbered 1 to 15 for $1,000.00 each.except Bond Number 1 is for $1,381.66 due May 1, 1957• Bonds Numbered 16 to 31 for $1,000.00 each, due November 1, 1957• Bonds Numbered 32 to 46 for $1,000.00 each, due May 1, 1958• Bonds Numbered 47 to 62 for $1,000.00 each, due November 1, 1958• Bonds Numbered 63 to 77 for $1,000.00 each, due May 1, 1959• Bonds Numbered 78 to 92 for $1,000.00 each, due November 1, 1959• Bonds Numbered 93 to 107 for $1,000.00 each, due May 1, 1960. Bonds Numbered 108 to 122 for $1,000.00 each, due November 1, 1960. Bonds Numbered 123 to 137 for $1,000.00 each, due May 1, 1961. Bonds Numbered 138 to 152 for $1,000.00 each, due November 11 1961. Bonds Numbered 153 to 166 for $1,000.00 each, due May 1, 1962. Bonds Numbered 167 to 180 for $1,000.00 each, due November 1, 1962. Bonds Numbered 181 to 194 for $1,000.00 each, due May 1, 1963. Bonds Numbered 195 to 208 for $1,000.00 each, due November 1, 1963. Bonds Numbered 209 to 222 for $1,000.00 each, due May 1, 1964. Bonds Numbered 223 to 236 for $1,000.00 each, due November 11 1964. Bonds Numbered 237 to 250 for $1,000.00 each, due May 1, 1965. Bonds Numbered 251 to 264 for $1,000.00 each, due November 1, 1965. Bonds Numbered 265 to 278 for $1,000.00 each, due May 1, 1966. Bonds Numbered 279 to 292 for $1,000.00 each, due November 1, 1966. 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 the law and shall bear the printed or lith- ographed facsimile signature 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 0 the Auditor of State as required by law. i gs Section 3. Said bonds shall be designated as Series P-169 and shall be in the form and j I , shall contain recitals substantially as follows, to -wit: C7 7 J 1 INTERNAL IMPROVEMENT BONDS No. Series P-169 $ 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 fo the United States of America, on the first day of , 19 , with interest thereon from the date hereof at the rate of per cent per annum payable May 1, and November 1, 195 thereafter on each May 1, and November 1, in each year, on presentation and surrender of the interest coupons hereto af- fixed 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 292 bonds of like date and tenor, excepting denomination, interest rate and maturity, aggregating the principal sum of $292,381.66 issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing, curbing, guttering, paving and grading improvements in said city by the authority of and in full compliance with' the provisions, restrictions and limitations of the constitution and laws of the State of Kansas, including Sections 10-101 to 10-127, 12-601 to 12-608 and 13-1011 and 13-1011a, all of the General Statutes of Kansas, 1949, and amendments thereto, and all other provisions of the laws of said state applicable thereto, and this bond and all other bonds of this series, and all interest thereon are to be paid by the City of Salina, Kansas. And it is hereby declared and certified that all acts, conditions, and things required to be done and exist precedent to and in the issuance of this bond have been properly done and performed and do exist in due and regular form and manner as required by the constitution and laws of the State of Kansas, and that the total indebtedness of said city, including this series of bonds, does not exceed any constitutional or statutory limitation. IN WITNESS WHEREOF, the said City of Salina, Kansas, has executed this bond by causing it to be signed by its Mayor and its corporate seal to be hereto affixed, attested by its Clerk of the City and the coupons hereto attached to be signed with the facsimile signatures of said officers and this bond to be dated the first day of November, 1955• Attest: City Clerk Mayor No$ on the first day of , 19 , the City of Salina, Saline County, Kansas, will pay to the bearer { the sum of Dollars and j Cents in lawful money of the United States of America, at the office of the State Treasurer, Topeka, Kansas, being six months a interest on its Internal Improvement Bond, Series P-169 dated November 1, 1955• 110 (Fac+si mi l P �, Mayor Attest: (Facsimile) City Clerk STATE OF KANSAS ) SS COUNTY OF SALINE ) City of Salina, Kansas 19 I, H. E. Peterson, City Clerk of the City of Salina, Kansas, hereby certify that the within Internal Improvement Bond, Series P-169 of the City of Salina, Kansas, has been duly registered in my office according to law. 9 WITNESS my hand and official seal this day of 1955• 3 i 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 44pw 1", By: i Auditor of State Director of Post Audits 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 a d 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 by law. i 1 Section 6. This ordinance shall take effect and be in force from and after its publication once in the official city paper. Introduced: November 29th., 1955 Passed:fi,.: Mayor