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5177 Issue GO Bonds Series P-134ORDII\UNCE N0. 5177 (Published in the Salina Journal y-� 946 ) AN ORDINANCE authorizing and providing for the issuance of Improvement bonds of the City of Salina, Kansas in the sum of $5,475.41, to pay the cost of improving certain streets in said city to be designated as Series P-134. WHEREAS, pursuant to proceedings duly had according to law, contracts have been let and performed for the construction of the following street improvement in the City of Salina, Kansas, to -wit: Curbing, guttering and grading of Kansas Avenue from the north line of Ash Street to the south line of Elm Street as provided for by Resolution No. 845 and Ordin- ance No, 5081. Curbing, guttering and grading of West Place from the south line of Elm Street to the north line of Park Street as provided for by Resolution No. 853 and Ordinance No, 5081. Curbing, guttering and grading of Franklin Street from the west line of Sheridan Street to the east line of Merrill Street as provided for by Resolution No. 854 and Ordinance No. 5081. Curbing, guttering and grading of Franklin Street from the east line of Sheridan Street to the west line of Custer Street as provided for by Resolution No. 857 and Ordinance No. 5081. Curbing, guttering and grading of Venango Street from the west line of Sheridan Street to the east line of Merrill Street as provided for by Resolution No. 859 and Ordinance No. 5081. Curbing, guttering and grading of Front Street from the north line of Ash Street to the south line of Elm Street as provided for by Resolution No. 869 and i Ordinance No. 5081. Curbing, guttering and grading of Kansas Avenue from a point approximately 500 feet north of Elm Street, thence north approxirately 475 feet to the south line of Riverside Boulevard as provided for by Resolution No. 870 and by Ordinance No. 5081, and WHEREAS, the total cost of said improvements has been ascertained and the portion thereof in the amount of $1,890.84 to be paid by general taxes to be levied upon all taxable property within said city for the inp rovement 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 the city is paying cash; and WHEREAS, the total cost of said curbing and guttering 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 in said streets has been ascertained and has been hereby found and determined to be the sum of $7,833.71, which amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefore according to law pro- vided for in the ordinance of the City of Salina, Kansas, relating thereto, duly passed and approved, of which amount the sum of $2,347.30 has been paid by the property owners liable therefore, leaving a balance of $5,475.41, for which bonds are to be issued. 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 the purpose of providing funds to pay the cost of the improvements herein above referred to and described in the Ordin- ance and Resolutions hereinbefore referred to, there shall be issued Internal Improvement Bonds of the City of Salina, Kansas, in the total principal sum of $5,475.41, which shall consist of Seven Bonds numberd from one to seven, inclusive, all dated September 1, 1946, which shall bear interest at the rate of 1-1/14 per cent per annum from and after said date until the respective maturities of said bonds, payable semi-annually on March lst and September 1st of each year, said interest to be evidenced by interest coupons as herein provided for and said bonds shall become due as follows% No. 1 for $475.41 due September 1, 1947 No. 2 for $1000.00 due September 1, 1947 No. 3 for $1000.00 due September 1, 1948 No. 4 for $500.00 due September 1, 1948 No. 5 for $1000.00 due September 1, 1949 No. 6 for $500.00 due September 1, 1949 No. 7 for $1000.00 due September 1, 1950 Section 2. Said bonds shall be signed by the Mayor and shall be attested by the signature of tie City Clerk and corporate seal of the city shall be affixed thereto and said bonds shall have attached thereto interest coupons respresenting the interest thereon, which coupons shall be in the form provided by law and shall bear the printed or 12ghographed fac simile signature of the Mayor and City Clerk of said city and said bonds and interest coupons shall beiegistered 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-134 and shall be in the form and shall contain recitals substantially as follows, to -wit: UNITED STATES OF AMERICA STATE OF KAYZSAS COUN TY OF SALINE CITY OF SALINA $ Series P-134 No. 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 one and one MWT per cenT- per annum, payable semi-annually on the first days of March and September 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 de- nomination and maturity, aggregating the principal sun of $50475.41, issued by the City of Salina, Kansas, for the purpose of paying the cost of consttucting certain curbing and guttering and grading improvements in said city by the authority of and in full conpliance 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 1011-a, General Statutes of Kansas 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 re- quired 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 statu- tory limiation. 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 with the fac simile signatures of said officers, and this bond to be dated the first day of September, 1946, Lloyd W. Price Mayor Attest Chas. E. Banker City Clerk Harold E. Peterson, Deputy I Section 4. The Xayor 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, shal a 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 the same become due by levying taxes and assessments upon the property liable therefore as provided by law. Section 6. ThMs ordinance shall take effect and be in force from and after its pubT icati neo an the official city paper. Introduced, August 19, 1946 Passed, August 26, 1946 Lloyd W. Price Mayor Attests; Chas, E. Banker City Clerk STATE OF KANSAS ) ) SS COUNTY OF SALINE ) I, Chas. E. Banker, City Clerk of the City of Salina, Kansas, do hereby certify that the above and foregoing is a true and correct copy of Ordinance No. 5177 passed and approved by the Board of Commissioners of the City of Salina August 26, 1946; and a record of the vote on its final adoption. is found on page Journal. No. 16 i y ler i ;-as l s ied in the Salin<) Jo..rnal > 1946). ORDIII'�,,CFS NO. 5177- A:OTIDITT1 TICE authorizinm and providing for Vre issuance of improvement Fonds of t}le City of Salina, 'Kansas in the +1n of ;5,475.41, to pay;' the cost of=Lmprovin; certain streets in said. City to be designated as Ueriesp- 134 'a-:11E'FEAS, pursuant to oroceedint,s duly had accordi.r� to lai,:, contracts have beui_ 1<�t and performed for ti:e construction cf the fcllm;,iir: street lm,,�.:-ovements in the City of Salina., Kansas, tO-;•vit: Curbing, guttering and grading of Iia i.sr:.s Avenue from the north line of Ash Street to the south line of Elm Street as provided for by. Resolution ITO. 245 r:.nd Ordinance No. 5061. Curbing;, gutteri i- and grading of ,'est :Place from the south line of E11 -i Street to the nortl- Line of :nark Street as provided for by ;resolution -To. 853 and i'rdin.a.nce No. 5081. Curbing;, guttering; and grading of Fra.riz-li.n Street from the west line of Sheridan Street to the: east line cf •rierrill Street as provided for by Resolution TIo. 254 and Ordinance -Io. 5081. Curbing, ;guttering and grading of Franklin Street from the east lire of Sher4 dan Street to tie; west line of Custer Street as provided for by Resolution 11o. 857 and Ordinance ;o. 8051. Curbing, gutterinM and gradinM of Uenan;-jo Stteet from the tiiest line of Sherid^r_ Street to ,.,e: east line cf terrill Street as provided for by HasO7.ution ilo :359 and Ordinance No. 5081. Curbing, guttering and grading of Frons; Street from the north line of Ash Street to the south line of Elm Street as provided for by L.esolut -on No. 869 f+nd Ordinance „'o. .5081. Curbinx;, g'titterinn° and grading of Kansas Avenue from a. point aporoximately 500 feet north of Elm Street, thence nortl. � approxirAatel,y 475 feet to t ?.e Sough, line of Fiverside Boulevard as Provided for by resolution 1' o. 670 and by Ordinance I<o. 5081, and. n the notal cost of said iin.:,rov%=merrL-s has been ascertained and the -portion thereof in the amoun, of 4; 1, 890.84 to be »aid bpi (-:eneral taxes co be levied upon ).11 taxable 1oI'oJert�' iiiihin said C_.t I for the improvement of sr'7uares aa;.d areas formed oV t :c CroSsin'-;- of streets wid alleys and for tie :ilii'-i]"'JVC:,,?el;t Of any Oi Sa.:LC_ streE�-GS i`ri1E'.'e tile S£iYle a.S tlll'Ol.i,^:ii or adjacent to pCOUert/ of tLe Cit fpr ,'A-dcf, ti,.(' cit;' is liable, and for ''.`hick the city is ?:mins cash; and u I'MIEF AOG, the total cost of said curbing and guttering, Land gradine f said streets which are to be paid by special assessments and to be levied upo.,:i lots and ;pieces of ground liable for -ti-,e pa-yment of said_ curbin ;, , itterin�- and grading in said streets has been ascertained and has been I_ereb� found anal detemined to be the sum of :.,7,822.71, :,rhich amour_t has been heretofore duly assessed and apportioned to t_!e several lots and nieces of ground liable therefore according; to la-�. ;provided for in t} -!e ordinance of the City of Salina, Kansas, relating, thereto, duly passed and a; -.proved, of i•.hich amount the sum of '"2,347.30 has been paid by the pro -pert- owners liable therefore, leaving a balance of 5,U-75.41, for -w ich bonds are to be issued. [3's' I;7 ORDIAby the Hoard of CorLrAssioners of i:'tle Cit r of Salina, Kansas: Section 1. That the foregoing preambles be and tlnev are -le-reby author- iZed`tis , part Of' th'_s ordinance and th.at for the r.,uriose of providing- funds to r.>a_v t'. -ie. cost of the improvements herein above referred to and described In the Ordinances and Resolutions hereinbefore referred to, there shall. be issued Internal Im2ro7emant Fonds of the Cit -y of Salina., Kmioas, in the total principal sum of `' .; 7 .41, which shall consist of Seven bonds .Lu::kzered from One to seven , inclusive, all dated _Leptember�l,-_�_�, IMO, which shall bear interost at the rate of J_lZ4 per cent per anntun from and after said date until 1,he respective maturities of said bonds, parable semi-annuvll!T on March lst and.,�Ieptember 1st of each year, said Lnterest to be evidenced by interest coupons asa herein pro- vided for and said bonds shall become due as follows: No. 1 for due SeQteaiber No. 5 for $1000.00 due September 1,_1.949 4 __ No. 2 for $1000.00 due September 1, 1947 due September 1. 1949 No. 3 for $1000.00 due September h No. _4 for $ 500.00 due September 1� 1948 _ No. 5 for $1000.00 due September 1,_1.949 4 __ No. 6 for 00.00 due September 1. 1949 No. 7 for $1000.00 due September 1, 1950 ,Section 2. Said bonds shall be signed by tai -e i;Iayor ar_d_ shall be attested by 1�he signature of the C'ty 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 lag -,j and shall bear the printed or lithop�raphed fac simile sigriature of the Tiayor and City Clerk o -r' said, city and said bonds and inter- est coupons shall be registered in the office of the C3.1 -1y Clerk and in -[-.he office of the �'�uditor of State, as required by lex . Section 3. Said bonds shall be designated as Series p.. 1 aid shall be in ilie form and sha.11 contain recitals subst<-roti,,-qtly as follows, to -wit: UNITED SThTES Or A:.T,,P_ICA STS"TECJ's 11riAS rn3',") S ; J C0[T_TTY OF 1LTI1 E CITE" OF SIS ,lXA Series P- 134 IidThR d iT fi(I7%E_ ,F, N T BOT�D No. X1'dO'l' ALL 1',Tc, d 13 1H",'SE RE:;L,1,' lS, That the City of Salina, in the County of Saline, State of Kansas, aciciov ledges itself to be indebted and for value received hereby promises to pay to t're bearer the sur. of DOLLARS in lawful mone-•,r of the Un:ited States of America, on ti -le first day. of , 19 , wit'n interest thereon frorc, the date hereof at the rate of one and one fourth per cent per annum, payable serni-annually on -L;he first days of March and September in each year, or) presentation and surrender of the interest coupons hereto annexed as said coupons severally become due, both principal and interest of this bond bein.;r- payable at; the oLiice of the State Treasurer of the State of Kansas, in the Citi; of Topel a, :'Tansas. And said Citsr of Salina, I�,ansas, is held and firmly bound by thesecresents 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 terior, exce_�tinp,; denomination and rnaturit;1, a.goegatinl; the nrinciT)al sig of 4?6,475.41, issued by the City of Salin--)., Kansas, for the nurpose of payinr the cost of constructing certain curbing and guttering and F;ra.d:ing improvements in said city by -the authority of and in full compliance vrit;i the _Qrovis:ions, restrict- ions and limitations of the constitution and lavrs of the St Rte ;;f. Kansas, in- cludin Sections 10-101 to 10-115, 12-601 to 12-608, and 13-1011 and 1011-a, General Statutes of Kansas 1985, and such sections as amended, and all other provisions of the laws of said state ar-olicable thereto, and this bond and a.11 other bonds of this series, and all interest thereon are to be paid by he City of Salina, Kansas. And it is hereb,r declared and certified that all acts, conditions and hin;;s required to be done and to exist precedent to and in the issuance of his bond have been properly done and performed and do exist in due and regular orm and manner as required br the constitution_ and lairs of t l:le :Mate of Kansas, nd that the total indebtedness of said city, including this series of bonds, oes not e. ---coed any constitutional or statutory limitation. __Y VI .T 'FSS yid TERLGF, th.e said Cit, of Salina., Kansas, has executed this and by causing~ it to be si �-;ned by its Y.ayor and its corporate �ea.l to be ereto affixed, attested by :its City Clerk and the coupons hereto attached to e si„ned Trith the fac simile sir natures of said officers, and this bond to be a -bed the first day of September , 194 -6. 1,7ayor 0 llayo r SeCTaon 4. The Liayor and City Clerk are hereby authorized and directed to prep and execute the bonds hereinbefore described and to advertise and sell th 1ame in the manner provided by la,,,i, and r%Fher duly executed and reg- stered'0 deliver said bonds to the purchaser or ,:)urchasers thereof. ecti oil 5. The full faith, credit and resources of the Cit-, or Salina, Yansa7,--'"ek—,a]-1-1be, and 'the sane are hereby irrevocably pledr-ed f(.r'the prom-pt payment f said bonds and all interest thereon. The Board of Comrlissioners of the C4,+,,, of Salina, Kai-,st3s, shall annually raaLe provision for the pa,,miert of the F.iircipal and interest on said bonds as the spicie beco.ile due by levy- inz, t axe$1 and assessments upon the property liable therefore as provided by law.' Sedtion 6. This ordinance shall take effect and be in force from and after1:;lication in the official. city paper. -7 Introduced: August 192 1946 Passe4,—, August 26, 1.946 0 llayo r