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5940 Elect GO Bonds3 ORDINANCE NUMBER 5940 (Published in the Salina Journal, March 9, 1955) i AN ORDINANCE providing for the calling and holding of an election of the qualified electors of jthe City of Salina, Kansas, to vote upon the question of authorizing; the Board of Commissioners; of said city to issue bonds in the amount of $100,000.00 for the purpose of paying the city's j :share of the actual cost of equipping, developing and improving the municipal airport, owned by said city, for aviation purposes, and to authorize said board to accept a grant of funds to Abe used exclusiiaely for said purposes from the Civil Aeronautics Administration or some similar Federal Agency in the Sum of $27,830.00. ;WHEREAS, in the opinion of the Board of Commissioners of the City of Salina, the public safety,;, kservice and welfare can be advanced by the equipping, improving and developing of the munici- pal airport of the City of Salina for aviation purposes; and WHEREAS, the -total cost of said improvement of said airport will not exceed $127,830.00; and I WHEREAS, the Civil Aeronautics Administration, or some similar agency, a unit of the govern -menu of the United States of America, will contribute $27,830.00 to be used exclusively for said purposes; and WHEREAS, the total cost of said improvement to said city, will not be in excess of $127,830.00; and WHEREAS, it is necessaryto issue general obligation bonds of the said city, to pay the share of the cost to be paid by the city, being a sum not in excess of $1.00,000.00; and WHEREAS, it is necessary, before said bonds may be legally issued for said purppses , to sub- mit the proposition of issuing the same to the qualified electors of said city, at an election to be held within thirty (30) days from the date of the adoption and publication of this or- dinance; and WHEREAS, the City of Salina is a city of the first class; and 1WHEREAS, the issuance of said bonds and others not contemplated, will not create a bonded in- idebtedness of said city, in excess of the limit now provided by law; and ISO NOW, THEREFORE, BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That the preambles of the ordinance are hereby incorporated herein, and that an election is hereby called to be held in the City of Salina, Kansas, on Tuesday, April 5, 1955, between the hours of 6:00 o'clock A.M. and 7:00 o'clock P.M. of said day, at the time of the regular city election and within thirty (30) days after the adoption and pub- lication of this ordinance, according to law, and that such election shall be held at the us- ual place of holding elections and shall be conducted by the officers or persons provided by law for holding elections in said City of Salina, Kansas, and that the Mayor and two additional members of the Board of Commissioners of the City of Salina, Kansas, being a majority of the governing body of said city, shall and they are hereby ordered and directed, jointly and sev- erally to publish notice of said election in the manner and form directed and required by Sec- . � Ition 10-120, General Statutes of Kansas, 1949, and that the purpose of calling said election lis to submit to the qualified electors of said city, the proposition of issuing general obli- Igation bonds of said city in an amount not exceeding $100,000.00 to pay the cost to the city of 1equipping, developing and improving the municipal airport, owned by said city, for aviation pur- poses as more particularly set forth in Section 2 hereof. Section 2. That the proposition to be voted upon by the qualified electors of said city at said election shall be substantially as follows: Shall the following be adopted? Shall the City of Salina, Kansas, issue its general obligation bonds in the amoun of $100 000.00 for the the � , , purpose of equipping, developing and i,i�pru�dy�ig a= municipal airport, owned by said city, for aviation purposes, the proceeds of the sale of said bonds to be used 1 1 Ifor the purpose of paying the City's share of the cost of a total project estimated to cost 3 ':.127,830.00, the balance and remainder of said total cost to be paid by a contribution of 1$27,830.00 by a grant of funds to be obtained by said city from the Civil Aeronautics Ad- ministration, or some similar Federal Agency, which said grant shall be sued exclusively to aid :the said city in paying the cost of said project. 'yes'. To vote in favor of said bonds, make a cross X mark in the square after the word To vote agAinst the bonds, make a cross X in the square after the word 'no' YES NO Section 3. That the ordinance shall take effect and be in force from and after its adoption and publication in the official city paper. Attest: Introduced: March 1, 1955 Adopted: March 8, 1955 City Clerk �LA r Mayor