5822 Issue Imp Bonds P-161ORMINANC2 NUMBER 5822
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Published in the Salina Journal 1 r-
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AN ORDINANCE authorizing and providing for the issuance of Improvement Bonds of the
City of Salina, Kansas, in the sum of $113,910.89, to pay the cost of improving cer-
tain streets in said city to be designated as Series Number P-161.
WHE EA.S, pursuant to proceedings duly had according to law, contracts have been lst
and performed for the construction of the following street improvements in the City
of Salina, Kansas, to -wit:
Paving and grading of alley first east of Fifth Street from the North
line of Iron Avenue, North 207 feet more or less to the existing brick
pavement, as provided by Resolution Number 1259 and Ordinance Number5636.
Paving and grading of Sheridan Street from the northl:ine of Venango
Street to the south line of Franklin Street, as provided by Resolution
Number 1258 and Ordinance Number 5635.
Curbing, guttering, paving and grading of University Street from the
west line of Clark Street to the east line of Broadway Boulevard, as
provided by Resolution Number 1257 and Ordinance Number 5635.
Paving and grading of Anderson Avenue from the west Line of Front Street
to the west line of Third Street, as provided by Resolution Number 1287
and Ordinance Number 5688.
Paving vr.th concrete the center parking in Ash Street from Oakdale Avenue
to Penn Avenue; and paving with concrete the center parking in Ash Street
from Penn Avenue to Columbia Avenue, as provided by Resolution Numb-—
1305 and Ordinance Number 5688.
Paving with concrete the center parking in Ash Street from Kansas Avenue
to -Des Moines Avenue, as provided by Resolution Number 1316 and Ordinance
Number 5688.
Paving with concrete of Delaware Avenue from the south line of Gypsum
Avenue to the south line of Stack Avenue, as provided by Resolution
Number 1311 and Ordinance Number 5688.
Paving and grading of Garfield Avenue from the north 3_ine of Lincoln
Avenue to the north line of North Street, as provided by Resolution
Number 1290 and Ordinance Nu=mber 5c:88.
Paving with concrete, Grant Street from the north line of North Street
to the south line of Rock Island Railroad right-of-wa}r, as provided by
Resolution Number 1315 andOrdinance Number 5688.
Paving with concrete of Illinois Street from the west line of Sherman
Street to the east line of Custer Street, as provided 'ay Resolution
Number 1312 and Ordinance Number 5688.
Paving and grading of Lincoln Avenue from the east line of Garfield
Avenue to the east line of Arthur Avenue, as provided by Resolution
Number 1291 and Ordinance Number 5688.
Paving with concrete of Rahm Street from the T.aest line of Front Street
to the East line of Third Street, as provided by R,esb3_ution Number
1302 and Ordinance Number 5688.
Paving with concrete of Sheridan Street from the south line of Crawford
Avenue to the south line of Illineic Street, as provided by Resolution
Dumber 1310 and Ordinance Number 5688.
Paving and grading of Sheridan Street from the south lineof Wilson
Street to the north line of rranlclin Street, as pros�ided b�- Res^ l _'..i_or
v .,bcr 1'2x-3 and Ordinance Number 5688.
Paving: and. grading of Sunrise Drive from the south lire of Beloit
Avenue to the south line of r.11sworth Avenue, as provided by Resolution
Number 12_' and Ordinance Number 5688.
Paving with concrets of Sunrise Drive from the south :Line of Ellsworth
Avenue to the north line of :{iresin Avenue, as provided by Resolution
Number 1309 and Ordinance N -amber 5688.
Paving with Concrete, the alley between Third Street- and Fourth Street,,
from the north line of ?^alnut Strr�et, 400 feet more or less to the Smoky
Hill River, as provided by Reso?_,ition Number 1314 and Ordinance Plumber
56
Paving and grading of Delaw-re Avenue from the north line of Iron Avenue
to the south line of Johnstown_ Avenue, as provided by tcoolution Plumber
1337 and Ordinance Number 5726.
Paving and grading of Delaware Avenue from the north line of ,Stapler
Avenue to the north line of Gypsum Avenue, as provided by Resolution.
Plumber 133; and Ordinance Number 7726.
Paving and gradin; of Jewell Avenue from the east line of %?uincy to the
east line of Sunrise. Drive, as provided by Resolution Number 1334 and
Ordinance Number 5726.
Curbing,utteri.ng, grading and paving of University Street from the
Fast line of the Missouri Pacific Railroad right of -bray, West 29 feet
more or less, to the east edge of ties on railroad track, as provided
by Resolution Number 1329 and Ordinance Number 5726.
.��EZhAS, the total cosi. 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
ground liable for the payment of said curbing, guttering, grading and paving in said
streets has been ascertained and has been hereby found. and determined to be the sum
of )121)245-00 iyhich amrn::nt 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 4,6,21.4.09 has been duly paid by the property owners liable
therefor, leaving a balance of. :;:115,010.91 for which bonds aro to be issued; and
W �ES, bonds in the aggregate sur,, of '143, 940.89 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 authorized as
a part of this ordinance and that for the purpose of providing; funds to pay the cost
of improvements herein above referred to and described in the ordinances and resolutions
hereinbefore referred to, there shall be issued Internal Improvement Bonds of the City
of Salina, Kansas, in the total principal sum of X113,940-°'9, which shall consist of
One Hundred Forty -Three, numbered 1 to 143, inclusive all dated November 1, 1953, which
shall bear interest at the rate of One and five-eighths per cent for bonds maturing
during the years 1955 to 1958 inclusive and two per cent for bonds maturing during the
years 1959 to 1964inclusive,
Paving
and grading of ioodland Avenue from the east line of Fourth Street
to the
east line of Third Street, as provided by Resolution Plumber 1338
and Ordinance Number 5726.
Paving
and grading of Republic Avenue from the east lane of Sunrise Drive
to the
west line of Roach Street, as provided by Resolution Number 1336
and Ordinance Number 5726.
Paving
and grading of Norton Street from the South line of. Idinneapoli.s
Avenue
to the South line of Ellsworth Avenue, as provided by Resolution
Number
1323 and Ordinance Number 5726.
Paving
Street
and grading of iviinneapolis Avemic from the Last line of Quincy
to the east line of Norton Streel., as provid ci by ''esolution
Number
1327 and Ordinance Number 57"
TA1J LRy,AL, the total cost of said improvements has been ascertained and the portion
thereof in the
amount of ti2C,929.9S to be paid by general tares to be levied upon
all taxable property with_i.n 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 isthrough or adjacent to propertyof the city for which the
city is liable,
and for which bonds are to be issued; and
.��EZhAS, the total cosi. 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
ground liable for the payment of said curbing, guttering, grading and paving in said
streets has been ascertained and has been hereby found. and determined to be the sum
of )121)245-00 iyhich amrn::nt 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 4,6,21.4.09 has been duly paid by the property owners liable
therefor, leaving a balance of. :;:115,010.91 for which bonds aro to be issued; and
W �ES, bonds in the aggregate sur,, of '143, 940.89 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 authorized as
a part of this ordinance and that for the purpose of providing; funds to pay the cost
of improvements herein above referred to and described in the ordinances and resolutions
hereinbefore referred to, there shall be issued Internal Improvement Bonds of the City
of Salina, Kansas, in the total principal sum of X113,940-°'9, which shall consist of
One Hundred Forty -Three, numbered 1 to 143, inclusive all dated November 1, 1953, which
shall bear interest at the rate of One and five-eighths per cent for bonds maturing
during the years 1955 to 1958 inclusive and two per cent for bonds maturing during the
years 1959 to 1964inclusive,
1
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Per annum and from and after said date until the repective maturities of said bonds,
payable /August 1, 1954, and thereafter semi-annually on February 1st and August 1st
of 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 u1,000.00 each except Bond
Number 1 is for $1,91.0.89 due August 1, 1955•
Bonds numbered 16 to 30 for $1,000.00 each, due August 1, 1956.
Bonds numbered 31 to 45 for $1,000.00 each, due August 1, 1957.
Bonds numbered 46 to 59 for x;1,000.00 each, due August 1, 1958.
Bonds numbered 60 to 73 for "1,CCC.CC each, due August 1, 1959.
Bonds numbered 74 to 87 for 141,000.00 each, due August 1, 1960.
Bonds numbered 88 to 101, for 01,000.00 each., due August 1, 1961.
Bonds numbered 102 to 115 for $1,000.00 each., due ,August 1, 1962.
Bonds numbered. 116 to 129 for $1,000.00 each, due August 1, 1963.
Bonds numbered 130 to 113 for $1,000.00 each, due August 1, 1964.
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 couponsshall be in the form provided by the law and shall bear the
printed or lithographed facsimile signature of the Mayor and City Clerk of said city
andsaid bonds and interest 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-161 and shall be in the
form and shall containrecitals substantially as follows, to - wit:
so 7
S., T,
UNITED STATES OF AMERICA
State of Kansas
COUNTY OF SALINE
CITY OF SALINA
No.
INTERVAL T1 PROVEI ENT BONDS
Series P-161
KNCRH ALL PEN 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 Mugu -
19 with interest hereon from the date hereof. at the rate of
per cent per annum payable ugust 1, 1954, and thereafter semi-annually on the first
days of February and August each year on presentation and surrender of the interest
coupons hereto affixed as said coupons become severally due, both principal and interest
of this bond being payable at the office of the State Treasurer of tre 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, creel _t 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 143 bonds of like date and tenor,£excepting denominations,
interest rate and maturity, aggregating the principal sum of 414,910.89, 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 10-128, 12-601 to 12-608 and
13-1011 and 13-1011a, all of the General Statutes of 4ansas, 1949, and amendments there-
to, 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 issuanceof this bond have been
properly done and perfor med and do e,d.st in due and regular forrr,,. and manner as required
by laws and 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 con-
stitutional or statutory limitation.
IN Tt4ITNESS MEMOF, 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 doupons hereto attached to be signed with. the facsimile
signatures of said officers, and this bond to be dated the firstday of November., 1953.
1 QJ"cf
Attest:
1
City Clerk
Mayor
No. on the first day of ) /February ly
_�- _ _ _ 19_ the Cit ) ugust 1,.,.-19 _
> > y
of Salina, Saline County, Kansas, will pay to )
the bearer the sum of__ )---------- --- - - - - --
Dollars and _ T _cents j
City of Salina, Kansas
in lawful money of the United States of America,
at the officej_.pf the ate Treasurer, Topeka, ) - - - - - - - - - - - - - - - - - - -
Kansas, being � six) ?ine months' interest on its
Internal Improvement Bond, Series P-161 dated 1
November 11 1953.
tir
No.
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J
--- -- Mayor -- ----- —
Attest: (Facsimile)
- __ __-__City Clerk_,_ - - -- J - - - - - - •------- - - - -
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STATE OFTSAv )
} SS
COUNTY OF SALINE, )
I, H. E. Peterson, City Clerk of the City of Salina Kansas, hereby certify that
the within Internal Improvement Bonds, Series P-161 of the City of Salina, Kansas
has been duly registered in my office according to law.
WITNESS my handand official seal this— _ _ -day of_ - _ _, 1953•
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 thisbond has been filed in my office
and that this bond and the coupons attached thereto were registered in my office accord-
ing to law this day of_ — _, _ _—, 1953•
Auditor of State
By:
Director of Post Audits
1
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 p=haser 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 make provision 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.
Section 6. This ordinance shall take effect and be in force from and after its
publication once in the official city paper.
Attest:
C
City Clerk
Introduced: November 9, 1953•
Passed: November 163 1953