93-9549 Appr Airport BondsKuhn -Cox Printing — S,1— Kansas
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(Published in The Salina Journal January 1993)
ORDINANCE NUMBER 93-9549
AN ORDINANCE UNCONDITIONALLY APPROVING THE ISSUANCE OF
GENERAL OBLIGATION BONDS BY THE SALINA AIRPORT AUTHORITY IN AN
AMOUNT NOT TO EXCEED $650,000 FOR THE PURPOSE OF FINANCING THE
COST OF AIRPORT IMPROVEMENTS LOCATED AT THE SALINA MUNICIPAL
AIRPORT.
WHEREAS, on January 11, 1993, the Board of Directors of the Salina
Airport Authority (the "Authority") adopted a resolution finding it necessary
and desirable for the Authority to make certain improvements to the properties
and facilities of the Authority, and to issue general obligation bonds of the
Authority in an amount not exceeding $650,000 to pay the cost of such
improvements, as authorized by K.S.A. 27-315 to 27-326, inclusive; and
WHEREAS, K.S.A. 27-323 provides that the Authority shall forward a
copy of such resolution to the mayor of the City, who shall present such
resolution to the governing body of the city for its approval or disapproval;
SO NOW, THEREFORE
BE IT ORDAINED by the Governing Body of the City of Salina,
Kansas:
Section 1. The resolution of the Salina Airport Authority adopted
January 11, 1993, providing for the issuance of not to exceed $650,000 in
general obligation bonds of the Authority for the construction of improvements
to its properties and facilities is hereby unconditionally approved.
Section 2. That this ordinance shall be in full force and effect
from and after its adoption and publication once in the official city
newspaper.
(SEAL)
ATTEST:
wr.t - a`w 4.4_Jacqueline Shiever, CMC
City Clerk
Introduced: January 11, 1993
Passed: January 25, 1993
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Carol E. Beggs, Mayor