5594 Issue GO Bonds, Series P-154ORDINANCE NO. 5594
(Published in the Salina �Qurnal _ �X 1951
AN ORDIN-,%NCE authorizing and providing for the issuance of Improvement Bonds of the
City of Salina, Kansas, in the sum of $104,676.68, to pay the cost of improving
certain streets and alleys in said city to be designated as Series Number P-154.
HE�AS, pursuant to proceedings duly had according to law, contracts have been let
and performed for the construction of the following street improvements in the City
of Salina, Kansas, to -wit:
Paving and grading of Front Street from the south line of
Crawford Avenue to the north line of Repiblic Avenue, as
provided by Resolution Number 1160 and Ordinance Number
5466.
Curbing, guttering, paving and grading on Claflin Avenue,
from the west line of Eleventh Street to the east line of
Pershing Street, as provided by Resolution Number 1173 and
Ordinance Number 5466.
Curbing, guttering, paving and grading of Twelfth Street
from the south line of Broadway Boulevard to the south
line of Grand Avenue, as provided by Resolution Number
1158 and Ordinance Number 5466.
Paving and grading of Eleventh Street fro_tii the north line
of Harsh Avenue to the south line of Hamilton Street, as
provided by Resolution Number 1188 and Ordinance Number
5505.
Paving and grading of Second Street from the north line
of Elm Street to the south line of North Street, as pro-
vided by Resolution Number 1179 and Ordinance Number 5505•
Paving and grading of Seventh Street from the south line
of Woodland Avenue to the north line of Grand Avenue, as
pro*ded by Resolution Number 1189 and Ordinance Number
5505.
Curbing, guttering, paving and grading of Iron Avenue
from the east line of Delaware Avenue to the east line
of Marymount Road, as provided by Resolution Number 1184
and Ordinance Number 5505.
Curbing, guttering, paving and grading of Jewell Avenue
from the east line of Osborne Avenue to the east line of
Lots 33 and 34 on Jewell Avenue, as provided by Resolution
Number 1190 and Ordinance Number 5505.
:HEItIAAS, the total cost of said improvements has been ascertained and the portion
thereof in the amount of X23,193.33 to be paid by general taxes to be levied upon all
taxable property within said city for the improvement of squares and areas formed by
the crossing of streets and alleys and for the improvement of an -kr of said streets,
where the same is through or adjacent to property of tie city for which the city is
liable, and for which bonds are to be issued; and
IfFHEREAS, the total cost 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 '$101,329.89, i&iich 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 passed and approved
of which amount the sum of :19,846.54 has been paid by the property owners liable there-
for, leaving a balance of '81,483.35 for which bonds are to be issued; and
GJIEREAS, bonds in the aggregate sum of :104,676.68 are to be issued to pay the actual
cost thereof.
BE I`i' ORDAI pET by the Board of Commissioners of the City of Salina, Kansas:
Sedtion 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
the improvements herein above referred to and described in the ordinances and resolutions
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hereinbefore referred to, there shall be issued IntErnal Improvement Bonds of the City
of Salina, Kansas, in the total principal sum of x104,676.68, which shall consist of One
Hundred Four bonds, numbered 1 to 101, inclusive, all dated December 1, 1951, which shall
#1 to 34 Q 21%
bear interest at the rate of#35 to 101 9 1j% per annum from and after said date
until the respective maturities of said bonds, payable August 1, 1952, and thereafter
semi-annually on February lst and August lst 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 14, for $P`1,000.00 each except
Bond Number 1 is for $1676.68 due February 1, 1953•
Bonds numbered 15
to 24
for $1,000.00
each, due
February 1, 1954.
Bonds numbered 25
to 34
for $1,000.00
each, due
February 1, 1955•
Bonds numbered 35
to 44
for $1,000.00
each, due
February 1, 1956.
Bonds numbered 45
to 54
for $1,000.00
each, due
Feb_Uary 1, 1957.
Bonds numbered 55
to 64
for 21,000.00
each, due
February 1, 1958.
Bonds numbered 65
to 74
for $1,000.00
each, due
February 1, 1959.
Bonds numbered 75
to 84
for $1,000.00
each, due
February 11 1960.
Bonds numbered 85
to 94
for 41,000.00
each, due
February 1, 1951.
Bonds numbered 95
to 104 for :1,000.00 each, due
February 1, 1962.
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 t'ereto and
said bonds shall have attached thereto interest coupons representing the interest thereon,
which coupons stall be in the form provided by law and small bear the printed or litho-
graphed facsimile signature of the Payor and City Clerk of said city and said bonds and
interest coupons shall be registered in the office of the City Clerk and in the office
of the Auditor of State, as requ.;red by law,
Section 3. Said bonds shall be desi-nated as Series P-154 an- shall be in the form
and shall contain recitals substantially as follows, to -wit:
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WITED STA'11S S OF Al -ERICA
STATh OF KANSAS
COI�JTTY OF SI'S,INE
CITY OF SAL _'1A
General Improvement Bonds
No. Series P-151
KIdv4i l ij i_iLA1 LY THLSI' PRL3:, TATS, That the City of Salina in the County of Saline, State
of Kansas, acknowledges itself to be indebted andfor value received 'hereby promises to
pay to the bearer the sum of Lollars
in lawful money of the Unitedt� ates of America, on the firs day Vii_ ,
19 , with interest thereon fro. -ii the date hereof at the rate of
per cent per annum payable August 1, 1952, and thereafter semi-annually on the first says
of February and August each year, on presentation and surrender of the interest coupons
hereto of _`fixed as said coUpons become severally due, both principal ani interest of this
and being payable at the office of the State i'reasurer of the State of Kansas, in the
City of Topeka, Km sas. And said City of Salina, Kansas, is held and firmly bound by
these presents and the full faith, credit and resources of said city ajzd hereby irrevoc-
ably pledged for the pament of and principal and interest at maturity.
interest rate.
This bond isone of a series of 101 bonds of like date and tenor, excepting denomination /
and maturity, ag regatix_g the principal sum of x',104,676.68, issued by the City of Salina,
Kansas, for the purpose of pay -L -i- the cost of constructing, curbi_.g, guttering, paving
and grading improvements in. said city by the authority of and in full compliance frith
the provisions, restrictions and limitations of the constitut:Lon and laws of the State
of Kansas, including Sections 1C-101 to 10-12$, 12-601 to 12-608 and 13-1011 and 13-1011a,
all bif the General Statutes of Kansas 1949, and amendments thereto, and.all other pro-
visions of the laws of said state applicable Hereto, and this bond and all other bonds
of this series, and all interest thereor are to be paid by the City of Sal.'_:.a, 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 properly
done and performed and do exist in due and regular foram and mnner 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, doesnot exce.d any constitutional or
statutory limitat_on.
IN r`lfidLSS Id�FOF, the said City of Sal _na, 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 1951.
Attest:
City Clerk
.Mayor
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No. On the first day of
19 , the City of
Salina, Saline County., Kansas, will pay to
the bearer the sum of
Lollars and cents
in lawful money of the United State of
America, at the office of the State Treas-
urer, Topeka, Kansas, being (sxi) (eight)
months' interest on its Internal Improve-
ment Bond, Series P-154 dated December 1,
1951.
No.
(Facsimile)
Mayor
Attest (Facsimile)
City Clerk
STATE OF KANSAS )
) SS
COUNTY OF SALII1E )
/ I
February 1,
August 1, 19
)
)
I I
t
City of Salina
Kansas
I, Chas. E. Banker, City Clerk of the City of Salina, Kansas, hereby certify that
the within Internal Improvement Bonds, Series P-154, of the City of Salina, Kansas,
has been duly registered in my office according to law.
ITNESS my hand and official seal this day of 1951.
City Ulerk
OFWICE OF THE AULITOR OF Tal% STA`ih OF KANSAS
I, George Robb, Auditor of the Stele 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 1951.
'Aucitor of State
By
Assistant Auditor of State
H
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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, aria when duly executed and registered to deliver and said bonds
to be t'_ie purchaser of purchasers thereof.
Section 5• The full faith, credit and resources of the City of Solina, 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 andinterest on said bonds
as they seve_aily become due by levying taxes and assessment upon the property liable
therefore 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.
Pe
Introduced, October 10 ,1951
Passed, November 1951
(SEAL)
Mayor
Attest:
-' City Clerk