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5789 Issue GO Bonds�a '„ the NUNBER 5789 CCNSOLIfi '.'. i;J-SALIY'. (rublsshed in the Salina Journal , 195 3) AN ORDINANCE providing for and authorizing the issuance of Improvement Bonds of the City of Salina, Kansas, in the sum of $625,700.76, to pay the cost of constr- ucting main sanitary sewers and certain lateral sanitary sewers and storm sewers in the City of Salina, Kansas, which bonds shall be designated as Series 5-158. WEREAS, pursuant to proceedings duly had according to law, certain main and certain lateral sanitary sewers and storm sewers have been constructed in the City of Salina, Kansas, in main sewer districts and certain lateral sanitary sewer districts, as follows: Main Sanitary Sewer District "DH -A", as provided for and authorized by Ordinance Number 5673. Lateral Sanitary Sewer Districts DH -1 to DH -32, inclusive, as pro- vided for and authorized by Ordinance Number 5674. Lateral Sanitary Sewer Districts DH -33 to DH -41, inclusive, as provided for and authorized by Ordinance Number 5682 Ohio Street Storm Sewer, as provided for and authorized by Ordinance Number 5722 Storm Sewer DA., DB., D -C & D -D, as provided for and authorized by Ordinance Number 5683 rumpimg Station for Main Sewer DH -A, as provided for and authorized by Ordinance Number 5708 WHEREAS, the total cost of said sewers constructed in and as the sewer districts above mentioned and to be paid by special assessments levied upon lots and pieces of ground liable for the payment of said sewers in the sewer districts above men- tioned has been ascertained and is hereby found and determined to be the sum of $227,419.46, which account has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor according to law and as provided for in the Ordinances of the City of Salina relating thereto, of which amount the SUM of $128.37 has been paid by the owners of the property liable therefor, leaving a balance for which bonds will be issued in the sum of $227,291.09 TaIHEREAS, the total cost of the said Storm Sewers has been ascertained in the amount of $398,109.67 to be paid by general taxes to be levied upon all taxable property within said city; and for which bonds are to be issued; and WHMEA.S, bonds in the aggregate sum of X25,700.76 are to be issued to pay the actbal net cost thereof; NOW THEREFORE, BEIT ORDAINED by the Board of Commissioners of the City of kSalina, Kansas: Section 1. That the foregoing preambles are being hereby adopted and made a part of this ordinance and that for the purpose of providing funds to pay the cost of the improvements, hereinbefore described, there shall be issued and there hereby are issued, Internal Improvement Bonds of the City of Salina, Kansas, in the total principal sum of $625,700.76, which issue shall consist of 625 bonds numbered from 1 to 625, inclusive, all dated July 12 1953, bonds numbered 1 to 126, inclusive, to bear interest from date at the rate of three and one-half per cent per annum, and bonds numbered 127 to 625, inclusive, to bear interest from date at the rate of two and one-half per cent per annum, payable February 1, 1954, and thereafter semiannually on August lst and February 1st of each year to be evidenced by interest coupons as herein provided for, and said bonds shall become due serially in denomination as follows: I 1 Bonds Numbered 2S3 to 315 for $1,000.00 each due August 1, 1958 Bands numbered 316 to 377 for $1,000.00 each, due August 1, 1959 Bonds numbered 378 to 439 for $1,000.00 each, due August 1, 1960 Bonds numbered 4W to 501 for $1,000.00 each, due August 1, 1961 Bonds numbered 502 to 563, for $1,000.00 each, due August 1, 1962 j Bands numbered 564 to 625 for $1,000.00 each, due Augustl, 1963 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 shall have attached thereto interest coupons representing the interest thereon, which coupons shall be in the form provided by law and shall bear the printed or lithographed facsimile signatures of the Mayor and the City Clerk of said City and said bonds and interest coupons shall be registered in the offices of the City Clerk and the State Auditor as required by law. Section 3. Said bonds shall be designated as Series S-158, and shall be in the form and shall contain recitals substantially as follows, to -wit: I 1 1 1 UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA Series S-158 No. INTERNku TMrROVEMENT BOND KNOW " MEN BY THESE rR&%MTS, Tia,t 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 the bearer the stun of DOLLARS 3H liv— money of e ni ed States of America, on the st day o 19 ,with interest thereon from the date hereof at the rate of per cent per annum, payable semi-annually on the first days o e�axy and August in each year, on presentation and surrende4 of the interest coupons hereto annexed as said coupons severally become due, both principal and interest of this bond being payable at the office of the State Treasurer of the State of Kansas, in the City ofTopeka, Kansas. And said City of Salina, Kansas, is held and firmly bound by these presents and the fall faith, credit and, resources of said city are hereby irrevocably pledged for the payment of said principal and interest at maturity. This bond �}}�� « a series of 625 bands of like date and tenor, excepting denominatiMe ma ity, aggregating the principal stun of $625,700.76, issued by the City of Salina,, Kansas, for the purpose of paying the cost of constructitnga main sanitary sewer and certain lateral sanitary severs and storm sewers and a romping Station, 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 10-1261, Sections 12-617 to 12-620, Sections 12-626 to 12-629, and Sections 13-1013 to 13-1018, all in 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, 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 dome aril to 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 limitations. 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 hamto 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 19` . I Attest: City Clery 4 1 C.C7150Lif),\TLD-S:1L? �':'. No. on the first day of ) February 1, 19 the City ofd August 1, 19� , Salina * ll na, Saline County, Kansas, will pay to the) - - - - - - - - - - - - - - - - - - bearer the sum of DULLARS J and cents, lawful money of the J CITY OF SALINA, KANSAS United tE ates of America, at the office of the) - - - - - - - - - - - - - - - - - State Treasurer, Topeka, Kansas, being (Six) months' interest on its Internal Improvement Bond, Series S-158, dated $cqav 1, 1953 J $ No. 1 J (Facsimile) Mayor J J Attest: (Facsimile) } ,City C1er j i - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - STATE OF KANSAS SS CUUNTY OF SALINE I, H. E. Peterson, City Clerk of the City of Salina, Kansas, hereby certify that the within Internal Improvement Bond, Series S-158, of the City of Salina, i Kansas, has been duly registered in my office according to law. WITNESS my hand and official seal this day, of1953 i City Clerk - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - i 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 1953 WITNESS my hand and official seal Auditor o ate by: Assistant udltor of State CU NSOLID� Tr_D-SALINn Section 4. The Mayor and the City Clerk are hereby authorized and directed to prepare and execute the bonds hereinbefore described and to advertise to and sell the same in the manner provided by law, and, when duly executed and register ed, to deliver said bonds to the purchaser or purchasers thereof. i 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 I of said bonds and all interest thereon. The Board of Cc mnissioners of the City i of Salina, Kansas, shall annually make provisions for the payment of the principal i and interest an said bonds, the same 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. Introduced: June 22, 1953 rassed: June 29, 1953 Ma or � y Attest: City Clerk 1