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5736 Issue Improvement Bonds, Series P-157ORDINANCE NUMBER 6 _ = ^T« (Published in the Salina Journal �(w. 2,") 1952 AN ORDINANCE authorizing and providing for the issuance of Improvement Bonds of the City of Salina, Kansas, in the sum of $107,625.97, to pay the cost of improving cer- tain streets in said city to be designated as Series Number 3P-157. WHEREAS, pursuant to proceedings duly had according to law, contracts have been let j and performed for the construction of the following street improvements in the City of Salina, Kansas, to -wits Paving and grading of Johnstown Avenue from the east line of Penn Avenue to the west line of Columbia Avenue, as provided j by Resolution Number 1199 and Ordinance Number 5544. I Paving and grading of Lincoln Street from the west line of Reynolds Street to the east line of -Broadway Boulevard, as provided by Resolution Number 1198 and Ordinance Number 5544• Paving and grading of Pershing Street from the north line of Beloit Avenue to the center line of Republic Avenue, as provided by Resolution Number 1208 and Ordinance Number 5544. Paving and grading of Smoky Hill Drive from the east line of Oakdale Avenue to the east line of Penn Avenue, as provided by Resolution Number 1196 and Ordinance Number 5544• Paving and grading of Eleventh Street from the north line of Wilson Street to the north line of Republic Avenue, as provided by Resolution Number 1230 and Ordinance Number 5573. Paving and grading of Grand Avenue from the west line of Tenth Street to the west line of Eleventh Street, as provided by Resolution Number 1245 and Ordinance Number 5573. Paving and grading of Kirwin Avenue from the west line of Pershing Street to the east line of Funston Street as pro- vided by Resolution Number 1229 and Ordinance Number 5573. Paving and grading of Lamar Street -from the east Line of Fourth Street to the west line of Third Street, as provided by Resolution Number 1226 and Ordinance Number 5573• lPaving and grading of Penn Avenue from the south line of Gypsum Avenue to the north line of Smoky Hill Drive as pro- vided by Resolution Number 1218 and Ordinance Number 5573. i Paving and grading of Reynolds Street from the north line of Lincoln avenue to the south line of Broadway Boulevard, as provided by Resolution Number 1227 and Ordinance Number 5573. Paving and grading of Twelfth Street from the north line of Lincoln Avenue to the south line of Grand Avenue, as provided by Resolution Number 1236 and Ordinance Number 5573. Paving and grading and curbing and guttering for a width of Twenty feet (20 feet), east side of Fourth Street from the north line of Crawford Avenue to the south line of Prescott Avenue as provided by Resolution Number 1225 and Ordinance Number 55724. Curbing, guttering, paving and grading of Grand Avenue from the west line of Eleventh Street to the west line of Twelfth Street, as provided by Resolution 1242 and Ordinance Number 5574. Curbing, guttering, paving and grading of Grand Avenue from the west line of Twelfth Street to the east line of Thirteenth Street, as provided by Resolution Number 1214 and Ordinance Number 5574. Curbing, guttering, paving and grading of Tenth Street from the north line of Grand Avenue to the south line of Woodland Avenue, as provided by Resolution Number 1219 and Ordinance Number 5574. Curbing, guttering, paving and grading of University Street from the Missouri Pacific Railroad Tracks to the east line of Clark Street as provided by Resolution Number 1224 a3zd Ordinance Number 5574. Curbing, guttering, paving and grading for a width. of twenty-eight (28) feet, Fifth Street from the north line of Pacific Avenue to the north line of Harsh Avenue, as provided. by Resolution Number 1247 and Ordinance Number 55953. Paving and grading of Republic Avenue from the east line of quincy Street to the east line of Sunrise Drive, as pro- vided for by Resolution Number 1251 and Ordinance Number 5599. I Paving and grading of Reynolds Street from the south line of Grand Avenue to the north line of Broadway Boulevv rd, as pro- vided by Resolution Number 1 249 and Ordinance Number 5599. i i Paving and grading of Sheridan Street from the south line of Venango Street to the north line of Illinois Street, as pro- vided by Resolution Number 1252 and Ordinance Number 5599. jWHEREAS, the total cost of said improvements has been ascertained and the portion thereof in the amount of $20,713.00 to be paid by general taxes to be levied upon all taxable j property within said city for the improvement of squares and areas formed by the cross- ing of streets and alleys and for the improvement of any of said streets, where the same is through or adjacent to property of the cityfor which the city is liable, and for which bonds are to be issued; and WHEREAS, the total cost of said curbing, guttering, paving and gradin of said streets j Pia g gs P g grading , which are to be paid by special assessments and to be levied upon lots and of pieces 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 $96,674.91, which amount 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 ;gassed and approved of which amount the sum of $$761.94 has been duly paid by the property owners liable there - for, leaving a balance of $86,912.97 for which bonds are to be issued; and WHEREAS, bonds in the aggregate sum of $107,625.97 are to be issued to pay the actual cost thereof. BE IT ORDAINED b�T the Board of Commissioners of the City of Salina, Kansas: Section 1. That the foregoing preambles be and they are hereby authorised 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 j hereinbefore referred to, there shall be issued Internal Improvement Bonds of the City of Salina, Kansas, in the total principal sum of $107,625.97, which shall consist of One Hund Seven Seven bbonds numb r d 1 to 10gg 'n lu al d er 9 h n ttu• e- uarte s e os for e s 19 o ���1 a� 1 t$ � B�ed� 9&b'uh ' 6 ig7 � o incfusgve an o inc�usfve• one and one- f pe oak for years 108 to shall bear interest at the rate of 199, Bonds Numbered to 6 inclusive. iI 1'er annum and from and after said date until the respective maturities of said bonds, payable August 1, 1953, and thereafter semi-annually on February 1st and August 1st of each years said interest to be evidenced by interest coupons as herein provided for and said bonds shall become due as follows.- ollows:Bonds Bondsnumbered 1 to 110 for $1,000.00 each except Bond Number 1 is for $12625.97 due August 1, 1954. Bonds numbered 12 to 22 for $1,000.00 each, due August 1, 1955 Bonds numbered 23 to 33 for $1,000.00 each, due August 1, 1956 Bonds numbered 34 to 44 for $1,000.00 each, due August 1, 1957 j Bonds numbered 45 to 55 for $1,000.00 each, due August 1, 1958 Bonds numbered 56 to 66 for $19000.00 each, due August 1, 1959 Bonds numbered 67 to 77 for $1,000.00 each, due August 1, 1960 I Bonds numbered 78 to 87 for $1,000.00 each, due August 1., 1961 Bonds numbered 88 to 67 for $1,000.00 each, due August 1., 1962 Bonds numbered 98 to 107 for $1,000.00 each, due August 1, 1963 Section 2. Said bonds shall be signed by the Mayor and shall be attested by the sinature of the City Clerk and corporate seal of the city shall be affixed thereto and said bonds shall CO-OL 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 signature of the Mayor and City Clerk of said city and said bonds I and interest coupons shall be registered in the office of the City Clerk and in ih Is I office of the Auditor of State, as required by law. Section 3. Said bonds shall be designated as Series P-157 and shall be in the form and shall contain recitals substantially as follows, to-ryvi.t: CO^ISJLI DINED- 5-_,.- 1 i No. UNITED STATES OF A.MERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA INTERNAL IMPROVEMENT BONDS Series P-157 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 August 1# 1953, and thereafter xt 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 the State of Kansas, in the City of Topeka, Kansas. And siad City of Salina, 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. This bond is one of a series of 107 bonds of like date and tenor, excepting denomination, interest rate and maturity, aggregating the principal sum of $107,625.97, issued by the City of Salina, Kansas, for the purpose of paying the coat 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 ani 15-1011 and 13-1011x, all of the General Statutes of Kansas, 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 issuance of this bond have been property done and performed and do exist in due and regular form 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 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 Clerk of the City 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. December, 1952. Attest: City Clerk cors L,onren -sA-: '7 1 I No. On the first day of ) 19 , the City ) February 1, of Salina, Saline County, Kansas, will pay to ) August 1, 19 the bearer the sum of ) _ Dollars and cents ) - - in lawful money of the United States of America, )- - -- --------------- - at the office of the State Treasurer, Topeka, ) City of Salina, Kansas i Kansas, being (six) (eight) monthst interest )`_ on its Internal Improvement Bond, Series P-157 ) - - _ _ _ - - - - - - - - - - - - - - dated December 1, 1952. No. (Facsimile) ) Mayor ) Attests (Facsimile) ) City Clerk ) ------------------------- --------------------- STATE OF KANSAS ) SS COUNTY OF SALINE ) I, Chas. E. Banker, City Clerk of the City of Salina, Kansas, hereby certify that the within Internal Improvement Bonds, Series P-157 of the City of Salina, Kansas, has been duly registered in my office according to law. WITNESS my hand and official seal this day of 1952. , 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 preeeedings 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 accord- ints to law this - day of -�- , 1952. Auditor of State - By; Assistant Auditor of State - CO-OLIOA.'E I-5'. _ 1 1 Section 4. The Mayor and City Clerk are her6by authorised 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 purchaser or Xnu& purchasers thereof. Section 5. The full faith, credit and resources of the City of Salina, Kansas, shall b e 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 *gkk publication once in the official city paper. i Attest, i City Cler _ Introduced; November 10, 1952 Passed: November 17, 1952 Mayor ��,