5314 Issue GO Bonds Series P-1431
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aRDINANCE NUNLT3a,
(published in the Salina Jnnrra.l
AN ORDINANCE authorizing and providing for the issuance of Improvement
Bonds of the City of Salina., Kansas, in the sum of $68,912.23, to pay the
cost of improving certain streets in said City to be designated as Series
Number P-143.
WHEREAS, pursuant to proceedings duly had according to law, contracts have
been let and performed for the construction of the following street improve-
ments in the City of Salina, Kansas, to -wit:
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Curbing, guttering, paving and grading of Front
Street from the south line of North Street to
the :north line of Lincoln Street, as provided for
in Resolution Number 922 and Ordinance Number
5174.
Curbing, guttering, paving and grading of Grand
Avenue from the west line of Santa Fe Avenue to
the west line of Eighth Street, as provided by
Ordinance Number 5174 and Resolution Number 896.
Curbing, Guttering, paving and grading of
Gypsum Avenue from the east line of Delaware
Avenue to the east line of Missouri Avenue,, as
provided for in Resolution Number 929 and Ordi-
nance Number 5174.
Curbing, guttering, paving and grading of
Twelfth Street from the south line of Morrison
Avenue to the north line of Washington Avenue,
as provided for in Resolution Number 904, and
Ordinance Number 5174.
Curbin,-, guttering, paving and grading of
Walnut Street from the east line of Missouri
Pacific Right -of -Way or end of existing pavement
thence west across said railway tracks to the
west line of Clark Street running north from
Walnut Streit, as provided for in Resolution
Number 920 and Ordinance Number 5174.
Paving and grading Ash Street from the east
right-of-way line of Missouri Pacific Railroad
to the east right-of-way line of U.S. 81 High-
way By-Passq as provided for by Resolution Num-
ber 901 and Ordinance Number 5173.
Paving and grading Clark Street from the south
line of State Street to the north line of Walnut
Street, as provided for by Resolution Number 907
and Ordinance Nu*ber 5173.
Paving and grading Kirwin Avenue from the east
line of Ninth Street to the west line of Santa Fe
Avenve, as provided for by Resolution Number 903 and
Ordinance Number 5173.
Paving and grading of Oakdale Avenue from the south
line of Johnstown Avenue to the south line of Ash
Street, and the curbing, guttering, paving and grad-
ing of Oakdale Avenue from the north line of Iron
Avenue to the south line of Johnstown Avenue, as
provided for in Resolution Number 921 and Ordinance
Numbers 5173 and 5174.
Paving and grading Woodland Avenue from the west
line of Santa Fe Avenue to the east line of Seventh
Street and the grading, curbing, gutterin�� and pav-
ing of Woodland Avenue from the east line of Seventh
Street to the east Dine of Ninth Street, as provided
for in Resolution Number 905 and prdinance Numbers
5173 and 5174.
Bonds Numbered 35 to 41, for $1,000.00 each, due August 1,
1954.
Bonds Number 42 to 46, for $1,000.00 each, due August 1,
1955
Bonds Numbered 49 to 55, for $1,000.00 each, due August 1,
1956
Bonds Numbered 56 to 62, for $1,000.00 each, due August 1,
1957
Bonds Numbered 63 to 69, for $1,000.00 each, due August 1,
1958
Section 2. Said bonds shall be signed by the 12ayor 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 repre-
senting 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 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-143 and shall
be in the form and shall contain recitals substantially as follows; to -wit:
WfMEAS, the total cost of said improvements has been ascertained and the portion
£hereof in the amount of $17,791.48 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
which the city is liable, and for which bonds are to be issued; and
WBEREAS, the total cost of said curbing, guttering, lA ving 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 $63,468.31, which amount has been heretofore duly
assessed and apportioned to the several lots and pieces of ground liable there-
for 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 $12,347.56
has been paid by the property owners liable therefore, leaving a balance of
$51,120.75, for which bonds are to be issued; and
WHEREAS, bonds in the aggregate sum of $68,912.23 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:
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Section 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 hereinbefore referred to, there shall be
issued Internal Improvem..ent Bonds of the City of Salina, Kansas, in the total
principal sum of $68,912.23, which shall consist of 69 (Sixty -Nine) bonds
numbered 1 to 69, inclusive, all dated July 1, 1948, which shall bear interest
at the rate of One and one-half (lz%) per cent per annum from and
after said date until the respectivermaturities of said bonds, payable semi-
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annually on February 1st and i° 1st, of each year, said interest to be
evidenced by interest coupons as herein provided for and said. bonds shall become
due as follm;s:
Bonds Numbered 1 to 6, for $1,000.00 each except Bond
Number 1 is for $912.23, due August
1, 1949
Bonds Number 7 to 13, for $1,000.00 due August 1, 1950
Bonds Numbered 14 to 20 for $1,000.00 each, due Augustl,
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N51.
Bonds Number 21 to 27, for $10000.00 each, due August 1,
1952
Bonds Numbered 25 to 34, for $1,000.00 each, due August 1,
1953.
Bonds Numbered 35 to 41, for $1,000.00 each, due August 1,
1954.
Bonds Number 42 to 46, for $1,000.00 each, due August 1,
1955
Bonds Numbered 49 to 55, for $1,000.00 each, due August 1,
1956
Bonds Numbered 56 to 62, for $1,000.00 each, due August 1,
1957
Bonds Numbered 63 to 69, for $1,000.00 each, due August 1,
1958
Section 2. Said bonds shall be signed by the 12ayor 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 repre-
senting 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 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-143 and shall
be in the form and shall contain recitals substantially as follows; to -wit:
UN.LTZ.0 t;rAXh;8 OF AIMICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
SERIES NO.
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INTER l
NAL IlI,PROVE?iEA?T BOND
KNOW ALL IM 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 here -
J)8 promises to pay to the bearer the sum of
DOLLARS, in lawful money of the United States of
erica,on the first day of , 19 ;dth interest thereon
from the date hereof at the rate of
PAYABLE seam -annually on the first day of AIS
each year, on presentation and surrender of the interest coupons hereto annexed
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 said 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 bonds of like date and tenor,
excepting denomination and maturity, aggregating the principal sum of $68,912.23,
issued by the City of Salina, Kansas, for the purpose of paying the cost of con-
structing certain curbing, guttering, paving and grading improvements in said
city by the authority of and in full compliance with the provisions, restrictim s
and limitations of the constitution and laws of the Stat b of Kansas, including
Sections 1.0-101 to 10-115, 12-601 to 12-608 and 13-1011 and 13-1011A, all in the
General Statutes of Kansas 1935, and such sections as amended, and all other pro-
visisions of the laws of said state applicable thereto, and this bond and all
other bonds of this series, and all interest thereon are tp be paid by the City
of Salina, Kansas.
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And it is hereby declared and certified that all acts, conditions, and
things requEred to be done and 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 constitikti63iL and laws of the State of Kansas, and
' that the total indebtednessof said city, including this series of bonds, does
not exceed antr constitutional 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 City Clerk and the coupons hEreto attached to be signed the facsimile signatures of said officers, and this bond to be dated gned
the first day of , 1948.
Attest:
City C]e rk
Mayor
Section 4. The Mayor and City Clerk are hereby authorized and directed
to prepare and execute the bonds hereinbefore described and to advertise End sell
the same in the canner 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.
of the City of Salina, Kansas, shall annuallyprovision the The Board of Commissioners
the principal and interest on siad bonds as the same become due rby l payment of
principal and interest on said bonds as the same become due b $evying taxes y
assessments upon the property liable therefore as provided bylaw y � axesand
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iSection 6. This ordinance shall take effect and be inforce from and
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after its publicst ion in the official city pager.
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Introduced: June 7, 1918
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Passed: June 14, 1948
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.Attest:
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Cit. -u% Clerk
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