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6021 Issue GO Bonds P-1683 1 I ORDINANCE NUMBER'C i ( Published in The Salina Journal ;�� �jx r ( S , 1955 ) I i AN ORDINANCE authorizing and providing for the issuance of Improvement Bonds of the City of Salina, Kansas, in the sum of $56,593.95 to pay the cost of improving certain streets in said city to be designated as Series Number P-168. WHEREAS, pursuant to proceedings duly had according to law, contracts have been let and performed for the construction of the following street improvements in the City of Salina, Kansas, to -wit: Curbing, guttering and grading of Claflin Avenue from the center line of Roach Street to the center line of Lewis Street, as pro- vided by Resolution Number 1478 and Ordinance Number 5894. 9 Curbing, guttering and grading of Eighth Street from the center line of Grand Avenue to the center line of Decatur Street, as s provided by Resolution Number 1463 and Ordinance Number 5894• Curbing, guttering and grading of Franklin Street from the center line of Seminole Avenue to the center line of Shawnee Avenue, as provided by Resolution Number 1458 and Ordinance Number 5894. Curbing, guttering and grading of Kirwin Avenue from the center line of Roach Street to the center line of Lewis Street, as 3 provided by Resolution Number 1479 and Ordinance Number 5894• s Curbing, guttering and grading of Lewis Avenue from the center line of Claflin Avenue to the center line of Kirwin Avenue, as provided by Resolution Number 1477 and Ordinance Number 5894• Curbing, guttering and grading of McAdams Road from the center line of Roach Street to the center line of Pearl Street, as provided by Resolution Number 1472 and Ordinance Number 5894. Curbing, guttering and grading of Pearl Street from the center line of Martin Avenue to the center linecf McAdams Road, as provided by Resolution Number 1471 and Ordinance Number 5894• Curbing, guttering and grading of the east side of Roach Street from the center line of Claflin Avenue to the center line of Kirwin Avenue, as provided by Resolution Number 1476 and Ordinance Number 5894. Curbing, guttering and grading of Shawnee Avenue from the center line of Seminole Avenue to the center line of Franklin Street, as provided by Resolution Number 1456 and Ordinance Number 5894• Curbing, guttering and grading of Beatrice Avenue from the center line of Martin Avenue to the center line of McAdams Road, as pro- vided by Resolution Number 1501 and Ordinance Number 5921. Curbing, guttering and gradag of Cloud Street on the north side from the center line of Pershing Avenue to the center line of Broadway Boulevard and on the south side from the center line of Ninth Street to the center line of Broadway Boulevard, as provided by Resolution Number 1492 and Ordinance Number 5921. Curbing, guttering and grading of Gypsum Avenue on the north side from the center line of Indiana Avenue to the center line of Iowa Avenue and on the south side from the center line of Missouri Avenue to the center line of Iowa, Avenue, as provided by Resolution Number 1493 and Ordinance Number 5921. Curbing and guttering and grading of the south side of Haven 9 Avenue from the center line of Steahlin Avenue to the center n line of Whittinghill Avenue, as provided by Resolution Number 1480 and Ordinance Number 5921. Curbing, guttering and grading of the south side of Haven Avenue from the center line of Whittinghill Avenue to the center line of Viemont Avenue, as provided by Resolution Number 1481 and Ordinance Number 5921. Curbing, guttering and grading of Lewis Avenue from the center line of Martin Avenue to the center line of McAdams Road, as provided by Resolution Number 1500 and Ordinance Number 5921• I i Curbing, guttering and grading of McAdams Road from the center { line of Pearl Avenue to the center line of Lewis Avenue, as provided. by Rees lution Number 1503 and Ordinance Number 5921. i Curbing, guttering and grading of the north side of Martin Avenue s from the west line of Lewis Avenue to the center line of Ohio Street, as provided by Resolution Number 1502 and Ordinance Number i 5921. Curbing, guttering and grading of Missouri Avenue from the center line of Stack Place to the center line of Greeley Avenue, as pro- vided by Resolution Number 1491 and Ordinance Number 5921. Curbing, guttering and grading of the east side of Roach Street j from the center line of Jewell Avenue to the center line of Kirwin Avenue, as provided by Resolution Number 1496 and Ordinance Number 5921. Curbing, guttering and grading of the south side of Republic s Avenue, from the east line of U. S. Highway No. 81, thence east to the east line of the Missouri Pacific Railroad right- of-way, and the north side of Republic Avenue from the west 3 line of Hancock Street, thence west to a point 216 feet west of the east right-of-way line of the Missouri Pacific Rail- road, as provided by Resolution Number 1485 and Ordinance Number 5921. i Curbing, guttering and grading of Steahlin Avenue from the center line of Crawford Avenue to the center line of Haven Avenue, as provided by Resolution Number 1489 and Ordinance Number 5921. y Curbing, guttering and grading of Viemont Avenue from the center line of Crawford Avenue to the center line of Haven Avenue, as provided by Resolution Number 1482 and Ordinance Number 5921. s Curbing, guttering and grading of Whittinghill Avenue from the center line of Crawford Avenue to the center line of Maven Avenue, as provided by Resolution Number 1483 and Ordinance Number 5921. WHEREAS, the total cost of said improvements has been ascertained and the portion thereof in the amount of $23,781.63 to be paid by the 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 throug4 or adjacent to property of the city for which the city is liable, and for which bonds are to be issued; and WHEREAS, the total cost of said curbing, guttering and grading of said streets, which are to be paid by special assessments are to be levied upon lots and pieces of ground liable for I the payment of said curbing, guttering and grading in said street has been ascertained and has been found and determined to be the sum of $40,129.99, which amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor I according to law provided for in the ordinance of the city of Salina, Kansas, relating there- to, duly passed and approved, of which amount the sum of $7,317.67 has been duly paid by the property owners liable therefor, leaving a balance of $32,812.32, for which bonds are to be issued: and i WHEREAS, bonds in the aggregate sum of $56,593.95 are to be issued to pay the actual net 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 providingfunds to pay the cost of the improve- ments hereinabove referred to and described in the Ordinances and Resolutions hereinbefore I i� referred to, there shall be issued Internal Improvement Bonds of the City of Salina, Kansas, E in the total principal sum of $56,593.95, which shall consist of Fifty -Six bonds, numbered g 1 to 56, inclusive, all dated November 1, 1955, which shall bear interest at the rate of 1 1 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 7, for $1,000.00 each except Number 1 is for $1,593.95 due May 1, 1957• Bonds numbered 8 to 14, for $1,000.00 each due November 1, 1957• Bonds numbered 15 to 21, for $1,000400 each due May 1, 1958. Bonds numbered 22 to 28, for $1,000.00 each due November 1, 1958• Bonds numbered 29 to 35, for $1,000.00 each due May 1, 1959• Bonds numbered 36 to 42, for $1,000.00 each due November 1, 1959• Bonds numbered 43 to 49, for $1,000.00 each due May 1, 1960. Bonds numbered 50 to 56, for $1,000.00 each due November 1, 1960. Section 2. Said bonds shall be signed by the Mayor and shall be attested by the signature of the City Clerk and corporate seal of the city shall be affixed thereto, and said bonds shall have attached thereto interest coupons representing the interest thereon, which cojpons shall be in the form provided by law and shall bear the printed or lithograph- ed facsimile signature of the Mayor and City Clerk of said city and said bonds and interest j coupons shall be registered in the office of the City Clerk and in the office of the Auditor', of State, as required by law. Section 3. Said bonds shall be designated as Series P-168 and shall be in the form and shall contain recitals substantially as follows: I i UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA No. Series P-168 $ 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 at the rate of per cent per annum payable May 1, and November 1, 1956 thereafter on each May 1, and November 1, in each year, on presentation and surrender of the coupons hereto attached 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 Sa]iia, 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. 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: 1 City Clerk Mayor This bond is one of a series of 56 bonds of like date and tenor, excepting denomination, and maturity, aggregating the principal sum of $56,593.95, issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing certain curbing, guttering and i grading improvements in said city by the authority of and in full compliance with the pro- visions., restrictions and limitations of the constitution of and the laws of the State of j Kansas,_ including Section 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 paid by the City of Salina, Kansas. I And it is hereby declared and certified that all acts, conditions, and things required to 3 be done and to exist precedent to and in the issuance of this bond have been properly done s and performed and do exist and in due and regular form and named as required by the con- stitution 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. i 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: 1 City Clerk Mayor 1 No. on the First day of 19 , of the City of) Salina, Kansas, will pay to the bearer the sum of ) 19 Dollars and Cents, lawful money ) — — — — — — — — — — — — — — — — -- of the United States of America., at the office of the State Treasurer, Topeka, Kansas, being six Months ) City of Salina, Kansas interest on its Internal Improvement Bond, Series, ) P-168 dated November 1, 1955• ) ------------------ 1 ) 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 P-168, of the City of Salina, Kansas, has 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 day of , 1955• WITNESS my hand and official seal Auditor of State By: 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 executed and registered to deliver and said bonds to the purchaser a 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 makerovision for the p payment of the principal and interest on said bonds as they severally J become due by levying taxes and assessments upon the property liable therefor as provided by law. Section 6. This ordinance shall take effect and be in force from and after the publication once in the official city paper. Attest: I City Clerk Introduced: November 29, 1955 Passed: A 'A lllt,i! Mayor