5230 Issue GO Bonds Series E-138ORDI-4ANCE NO. 5230
(Published in the Salina Journal July is, 1947)
AN ORD DANCE authorizing and providing for the issuance of bonds of the City
of Salina, Kansas, in the sum of $65,000.00 to pay the cost of purchasing
land for purposes
park and the cost of erecting building on and improving
the park system of said city, to be designated Series
as E-138; and author-
izing the issuance of teml-orary notes pending the sale and issuance
bonds. of said
�cJIER,AS, at the election duly held in the City of Salina, Kansas, on the first day
of April 1947, being the
regular city election, there was submitted to the quali-
fied electors of the said city the "Shall
proposition of the City of Salina issue
its bonds in the amount of 465,000.00 for the
purposes of paying the cost of pur-
chasing land for park purposes and the cost of erecting buildings on and improv-
ianngd the park system of said city", all pursuant to ordinance No. 5207 of said city;
'VHEREEAS, all directives of said Ordinance No. 5207 were fully and ti-Taely complied
with;
and
dIEiEAS, at such election, which was duly and regularly held, a majority of the
votes cast thereat upon said pro!)osition, were cast in favor of authorizing the
said City of Salina to issue itsbondsin said sum for such purpose; and
EiYAS, the City Engineer of said city, by Resolution No. 984, duly adopted, was
directed to and did file in the office of the City Clerk of said city, complete
plans and specifications and detailed estimates of the cost of the acquisition of
such land for said purpose and of the cost of erecting buildings on and improving
the public park system of said city, being an aggregate sum of $65,000.00; and,
SO, 11W`,V T-�EREFORE,
BE IT ORDAINED by the Board of Comraissioners of the City of Salina, Kansas:
Section 1. That the foregoing preambles be and they are hereby authorized
and made a part of this ordinance and that for the purpose of providing funds to
pay the estimated cost of the improvements herein above referred to and described
in the Ordinances and Resolutions hereinbefore referred to, there shall be issued
Internal Improvement Bonds of the City of Salina., Kansas, in the total principal
sum of $65,000.00, which shall consist of Three bonds numbered from One to Three,
inclusive, all dated June 1, 1949, which shall bear interest at the rate of 1-1/2
per cent per annum from and after said date until the respective maturities of said
bonds, payable semi-annually on June lst and December lst of each year, said interest
to be evidenced by interest coupons as herein provided for and said bonds become due
as follows:
No. 1 for $22,000.00 due June 1, 1950
No. 2 for $22,000.00 due June 1, 1951
No. 3 for $21,000.00 due June 1, 1952
Section 2. Said bonds shall be signed by the IvIla-,ror 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 lighographed fac simile signature of the Jdayor 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 E-138 and shall be in
the form and shall contain recitals substantially as follows, to-wit
2
Series
INTERNAL MIPRO VE ZEN T BOND
No.
K1.301,T ALILMI BY THESE PRESENTS, That the City of Salina in the County
of Saline, State of Kansas, acknowledges itself to be indebted and for -slue
received hereby promises to pay to the bearer the sum of
DOLLARS
in lawful moneycf 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, payabld semi-annually on the first days of June and December
in each year, on presentation and surrender of the interest coup ns 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 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, ex-
cepting denomination and -aturity, aggregating the principal sum of :,p65,000.00
issued by the City of Salina, Kansas, for the purpose of paying the cost of ac-
quiring land for park purposes and erecting buildings on and improving the park
system of said city b-;- 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, both inclusive, Section 25-605 all of General
Statutes of Kansas 1935 and Section 12-1301 and 12-1302, 1939 Supplement to the
General Statutes of Kansas of 1935, and such sections as amended, 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 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 ex-
ceed any constitutional or statutory limitation.
I,T;'-ITNESS !'`tY'REOF, the said City of Salina, Kansas, has executed this
bond by caus.ng 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
with the fac simile signature of said officers, and this bond to be dated the first
day of _ _ , 19
Attest:
City Clerk ��
A. L.Noyce
Idayo r
1
1
1
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 nanner provided by late, 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 Corimissioners
of the City of Sal.na, Kansas, shall annually make provision for thepayment
of the principal and interest on said bonds as the same become due by levy-
ing taxes and assessments up n the property liable therefore as provided by
law.
Section 6. That temporary notes signed by the L;ayor and attested by the
City Clerk may be issued ftom time to time as contracts are let;land is ac-
quired, and as work progresses pursuant thereto, the total amount thereof not
to exceed the estim---ted cost of said work in the manner and form required by
lain, sue# notes to bear interest not to exceed 4-1/2 per cent per annum and
to mature not later than July 7, 1949, and to be redeemed and cancelled at the
time that permanent bonds are issued in lieu thereof.
Section 7. This ordinance shall take effect and be in force from and after
its ,.publication in the official city paper.
Introduced, July 7, 1947
Passed, July 14, 1947
A. L. Noyce
mayor
Attest Chas. E. Banker
City Clerk
STATE Or KUSAS )
) SS
C OT?I1 TY OF ,SAL IJTE )
I, Chas. E. Banker, City Clerk of the City of Sal.-na, Kansas, do hereby certify
that the above and foregoing is a true and correct cozy of Ordinance No. 5230 passed
and approved by the Board of Commissioners of the City of Salina, July 14, 1947;
and a record of the vote on its final adoption is found on page Journal No. 17.
Ci ty Cl erk
K
f
(Published in the Salina Journal i 1947)
�~ .ORDItANCE NO. 5230
AN ORDI'_�ANCE authorizing and providing for the uance of bonds of the
City of Salina, Kansas, in the sum of00 to pay the cost of
purchasing land for park purposes and -the_:_cost-,of, erecting building
en -and- impr-ov ng:.the park system of to be designated as
SeriesB--13$ ; and authorizing the issuance of temporary notes
pending the sale and issuance of said bonds.` ,
V4•1EIR S, at the eleglion duly held in the Cit of Salina, Kansas, on the
f day of t 19 , being the 'regufar~ ci ",election, there was submit-�ed
to the qualified electors of the said city the proposition of "Shall the
City of. Salina issue its bonds in the amount of,$fi-&,y000v0Q for the purposes
of paying the cost of purchasing land for park purposes,&nd the cost of
erecting buildings.on and improving the. park.system of .said e y'% all pur-
suant to ordinance No.-5:8ff of said city; and
uNHEREAS, all directives of said Ordinance No. &2�&7 were fully and timely
complied with; and
!"FUREAS, at such election, which qa.s duly and regularly held, a majority
of the votes cast thereat upon said proposition, were cast in favor of
authorizing the said City of Salina to issue its bonds in said sum for
such purpose; and r f(f . '-
,REAS, the City Engiheer ofl�sai4 city, by Resolution No. 984,: duly
adopted, was directed to and did file in the office of the City Clerk of
said city -,--g mplete Plans and specifications and d etailed eltimates of the
cost of the acquisition of such land for said purpose and of the cost of
erecting buildings,'on and, improving the public park system of said city,
being an aggregate sum of $65,000 00; and,
THFREFORE,'
BE IT ORDAINED BY THE BOARD OF CO. -I -I :SIONERS OF T l CITY OF SALINA, KANSAS:
Section 1. That the foregoing preambles be and they are hereby author-
ized and made a part of this ordinance and that for the purpose o£ providing
funds to pay the ®-stead cost of �-�epr-0 is erein above referred -bo
dosoptted in the Ordinances aad -Resp-1-ntiom hereinbefore referred to,
there shall be issued Internal Improvement Bonds of the City of Salina, Kansas,
in the total principal sum of which shall consist of Three bonds
f
AD
numbered from One to three, inclusive, all dated Jae -1,A, which shall
bear interest -at the rate of }-1/2 per cent per annum from and after said
date until the respective maturities of said bonds, payable semi-annually un
June l.t and' De smber lst of each year, said interest to be evidenced by in-
terest coupons as herein provided for and said bonds shall become due as
follows:
No. 1 for 42k-�-�due du*e 1#.,4Q i
No. 2 for3-OW,,AO due dun¢ , 19b3
No. 3 for }f10fl:flE% c}e venae 3, 9bE
Section 2. Said 'ponds shall be signed by the I&a ror and shall be
attested by the si7nature 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 b�- law and shall bear the printed or lithographed
fac simile signature of the 'Wazor 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 re:uired by law.
Section 3. Said bonds shall be desicnated as Series and
shall be in the form and shall contain recitals substantially as follows,
to -wit:
UNITED STATES OF AFRICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
Series
INTERNAL L&ROVEI ENT BOND
No.
KhTOW ALL MEN 33Y THESE PRESENTS, That the City of Salina in the
County of Saline, :hate 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 oT per cent per annum,
payable semi-annually on the first days of June and December in each
year, on presentation and surrender 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 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
465,000.00 issued by the City of Salina, Kansas, for the purpose of paying
the cost of acquiring land for park purposes and erecting buildings on and
improving the park system of said city by the authority of and in full com-
pliance xrith the provisions, restrictions and limitations of the constitution
and laws of the State of Kansas, including Sections 10-101 to 10-115, both
inclusive,°',t6ction 25-605 all of General Statutes of Kansas 1935 and Sectic,n $
12-1301 and 12-1302, 19hV Supplement to the General Statutes of Kansas of
1935, and such sections as amended, 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 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 limitation.
IN ,,NITNESS "s'4HFREOF, the said City of Salina, Kansas, has executed this
bond by causing it to be signed by its hayor and its corporate seal to be
hereto affixed, attested by its City Clerk and the coupons hereto attached
to be signed with the fac simile signatures of said officers, and this bond
to be dated the first day of 19
Aoe-
yor
Attest:
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 irPevocably pledf__ed for the prompt
payment of said bonds and all interest thereon. The Board of Comtai.sioners
of the City of Salana, Kansas, shall annually make provision for the payment
of the principal and interest on said bonds as the same become due by levy-
ing taxes and assessments upon the property liable therefore as provided by
law.
Section 6. That temporary notes signed by the Mayor and attested by
the City Clerk may be issued from time to time as contracts are let; land
is acquired, and as work progresses pursuant thereto, the total amount there-
of not to exceed the estimated cost of said work in the manner and form.re-
quired by law, such notes to bear interest not to exceed d per cent per
annum and to mature not later thanand to be redeemed and
4'
cancelled at the time that permanent bonds are issued in lieu thereof.
Section 7. This ordinance shall take effect and be in force from and
after its publication in the official city paper.
Introduced,--7�r---$4-7 ,
Passed,
Attest: AlfXeo�
City Clerk
3uiY--i4,---1947
_ k yor
Y