5343 Issue GO Bonds Series P-144i
i
ORDINANCE NMMM 531.1.3
1948
WILEREAS, the total cost of said improvements has been ascertained and the portion
thereof in the amount of $9,615.80 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 any of
said streets where the same is through or adjacent to property of the city for
AN CRDINANCE authorizing and providing for the issuance of Improvement Bonds of
the City of Salina, Kansas, in the sum of $32,244.93, to pay the cost of improv-
ing certain streets in said City to be designated as Series Number P-144.
WHEREASur s uant t o
P 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 -writ:
Curbing, guttering in
g g and grading of Franklin
Street from the east line of Custer Street
to the west line of Sherman Street, as pro-
vided by Resolution Number 943 and Ordinance
Numb er 5216.
Curbing, guttering and grading of Cedar Street
from the west line of College Street to the
east line of the right-of-way of the Missouri
Pacific Railroad, as provided by Resolution
Number 951 and Ordinance Number 8216.
i
Cvrbing, guttering and grading of Hancock
Street from the north line of Venango Street
to the north line of Republic Avenue, as pro-
vided by Resolution Number 955 and Ordinance
Number 5216.
Curbing, guttering and grading of Grand Ave-
nue from the west line of Eighth Street to
the west line of Ninth Street, as provided by
Resolution Number 961 and Ordinance Number 5216.
Curbing, guttering and grading of Tenth Street
from the south line of Hamilton Street to the
north line of Antrim Avenue, as provided by
j Resolution Number 964 and Ordinance Number 5216.
Curbing, guttering and grading of Kirwin Avenue
(south side) from the west side of Fourth Street
to the west line of Osborne Street and curbing,
guttering and grading of Kirwin Avenue from the
west line of Osborne Street to a point 125 feet
east of the east line of Osborne Street, as pro-
vided by Resolution Number 966 and Ordinance
Number 5216.
Curbing, guttering and grading of Second Street
from the south line of Forest Street to the
south line of Pacific Street, as provided by
Resolution Number 970 and Ordinance Number 5216.
Curbing, guttering and grading of Woodland Ave-
nue from the east line of Santa Fe Avenue to
the center lime of Front Street, as provided by
Resolution Number 971 and Ordinance Number 5216.
Curbing, guttering and grading of Fourth Street
from the center line of Forest Street to the
south line of Pacific Avenue, as provided by
Resolution Nimber 973 and Ordinance Number 5216.
Curbing, guttering and grading of Eleventh
Street from the center line of Harsh Avenue to
the center line of Hamilton Avenue, as provided
by Resolution Number 974 and Ordinance Number 5216.
Curbing, guttering and grading of the west side
of Front Street from the center line of Pacific
Avenue to the center line of Forest Avenue, as pro-
vided by Resolution Number 975 and Ordinance Number
5216.
Curbing, guttering and grading of Fourth Street
from the north line of Pacific Av=.nue to the cen-
ter line of Euclid Avenue, as provided by Resolution
Number 977 and Ordinance Number 5216.
WILEREAS, the total cost of said improvements has been ascertained and the portion
thereof in the amount of $9,615.80 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 any of
said streets where the same is through or adjacent to property of the city for
1
1
1
Which the city is liable, and for which bonds are to be issued; and
WHEREAS, the total cost of said curbing,guttering g ng 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 and grading ins
aid
streets has been ascertained and has been found and determined to be the sum of
$27,786.99, vh ieh amount has been heretofore duly assessed and apportioned to
the several lots and pieces of ground liable therefore according to law provided
for in the ordinance of the City of Salina, Kansas, relating thereto, duly pass-
ed and approved, of which amount the sum of $5,157.86 has been duly paid by the
property owners liable therefore, leaving a balance of $22,629.13, for which
bonds are to be issued; and
WHEREAS, bonds in the aggregate sum of $32,244.93 are to be issued to pay the
actual net 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 theur ose of
P P providing funds to pay
the cost of tae improvements herein above referred to and described in the Ordi-
nances and Resolutions hereinbefore referred to, there shall be issued Internal
Improvement Bonds of the City of Salina, Kansas, in the total principal sum of
$32,244.93, which shall consist of thirty-two bonds numbered 1 to 32, inclusive,
OL11 dated October 1, 1948, which shall bear interest at the nate of 6%,_q, G4..w,r,Q, p'1n,.1,
—per cent per annum from and after said date until the respective
maturity of said bonds, payable semi-annually on April 1st and October 1st, of
each year, said interest to be evidenced by interest coupons as herein provided
for and said bonds shall become due as followsz
Bonds Number4d 1 to 8, for $1.,000.00 each except
Numbed+ l is for $1,244.93, due October 1, 1949
Bonds Numbered 9 to 16 for $1,000.00 each, due
October 1, 1950
Bonds Number 17 to 24, for $1,000.00 each, due
October 1, 1951
Bonds Numbered 25 to 32, for $1,000.00 each, due
October 1, 1952
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 coupons shall be in the form provided by law and shall
bear the printed or lithographed facsimile signattwe of the Mayor 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 required by law.
Section 3. Said bonds shall be designated as Series P-144 and shall be in
the form and shall contain recitals substantially as follows:
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
�
I �
Series P-144 N0,
INTERNAL IMPROVEMENT BOND
KNOW ALL MEN BY THESE PRESENTS, That the City of Salina inthe County of Saline,
State of Kansad, acknowledges itself to be indebted and for value received here-
by promises to pay to the bearer the sum of DOLLARS
Inlawfulmoney of the United States of America, on the first day of October,
1948, with interest thereon from the date hereof at the rate of
payable semi-annually on the first day of April and
October in each year, on presentation and surrender of the interest
coupons hereto
annexed as said Boupons 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 of Topeka, Kansast And said City of Salina, Kansas, is held and firmly
bound by thecae presents and the full faith, credit and resources of said city are
hereby irrevocahly pledged for the payment of said principal and interest at
maturity.
This bond is one of a series of 32 bonds of like date and tenor, excepting
denomination and maturity, aggregating
the principal sum of $32,244.93, issued
by the City of Salina, Kansas, for the
purpose of paying the cost of constructing
certain curbing, guttering 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 10-115,
12-601 to 12-608
and 13-1011 and 13-101JA4 all in the General Statutes of Kansas,
1935, amd. all amendments thereto,, 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 to
exist precedent to and in the issuance of this bond
have been properly done and performed in due and regular form
'
,d daexist and
manner as required b the constituiion/ o t e btate of Kansas, and that the total
indebtedness of said city, inc luding this series of bonds, does not exceed any
constitutional or statutory limitation.
IN WIT14ESS VITU EOF, the said city of Salina, Kansas, has executed this bond by
causing it to be signed by its Mayor its
and corporate seal to be hereto 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 e d ed the first day of
Octdber,
1948. 04
Attest:` r
City Clerk
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 purchaser 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
princiapal and interst
on said bonds as they severally become due by levying taxes and
assessments upon the
pnoperty t1a.ble 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.
Introduced: September ?U, 1948
Passed: uctor,er 4, 1948
Attest:
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City C
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