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5180 Issue GO Bonds Series S-137ORDINANCE NO. 5180 Published in the Salina Journal ---- - AN ORDINANCE providing for and authorizing the issuance of Improvement Bonds of the City of Salina, Kansas, in the sum of $14,220.23, to pay the cost of constructing a main sanitary sewer and certain lateral sanitary sewers in the City of Salina, Kansas, which bonds shall be designated as Series No. S-137. WHEREAS, pursuant to proceedings duly had according to law, a certain main and certain lateral sanitary sewers have been constructed in the City of Salina, Kansas, in a main sewer distkict and certain lateral sanitary sewer districts, as follows: Main Sanitary District "S" as provided for and authorized by Ordinance No. 5096. Lateral Sanitary Sewer District 204, being in Main Sanitary Sewer District "S" as provided for and authorized by Ordinance No. 5097, Lateral Sanitary Sewer District 206, being in Main Sanitary Sewer District "A", as provided for and authorized by Ordinance No* 5109. WHEREAS, the total cost of said sewers constructed in and as the sewer districts above mentioned and to be paid by special assessments levied upon lots and pieces of ground liable for the payment of said sewers in the sewer districts above men- tioned has been ascertained and is hereby found and determined to be the sum of $17, 796.92, which amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor according to law and as provided for in the ordinances of the City of Salina relating thereto, of vrhich amount the sum of $30576.69 has been paid by the ovmaers of the property liable therefor, leaving a balance:for which bonds will be issued in the sum of $14,220.23; NOW THEREFORE BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That the foregoing preambles are hereby adopted and made a part of this ordinance and that for the purpose of providing funds to pay the cost of the improvements hereinbefore described, there shall be issued and there hereby are issued Internal Improvement Bonds of the City of Salina, Kansas, in the total principal sum of $14,220.23, which issue shall consist of 18 bonds numbered from 1 to 18, inclusive, all dated September 1, 1946, which shhl.l bear interest at the rate of 1-1A per cent per annum from and after said date until the respective maturities of said bonds, payable semd-annually to be evidenced by interest coupons as herein provided for and said bonds shall become due serially in denominations as follows: No. No, No. No. No. No. No. No, No. No. No. 1 for $720.23 due September 1, 1947 2 for $1000.00 due September 1, 1947 3 for $1000.00 No. 4 for $500.00 due September 1, 1948 5 for $1000.00 No. 6 for $500.00 due September 1, 1949 7 for $1000.00 No. 8 for $500.00 due September 1, 1950 9 for $1000.00 No. 10 for $500.00 due September 1, 1951 11 for $1000.00 No. 12 for $500.00 due September 1, 1952 13 for $1000.00 No. 14 for $500.00 due September 1, 1953 15 for $1000.00 No. 16 for $500.00 due September 1, 1954 17 for $1000.00 due September 1, 1955 18 for $1000.00 due September 1, 1956 Section 2. Said bonds shall be signed by the Mayor and shall be attested by the signature of the City Clerk and the corporate seal of the City shall be affixed thereto, and 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 fac simile signatures of the Mayor and City Clerk of said city and said bonds and interest coupons shallbe registered in the offices of the City Clerk and the State Auditor as required by law. Section 3. Said bonds shall be designated as Series S-137 and shall be in the form and shall contain recitals substantially as follows, to -wit: 1 INTERNAL I_PROVEMENT BOND KNOW ALL MEN BY THESE PRESENTS, That the City of Salina, in the County of Saline, State of Kansas, aelmowledges 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 , 194 , with interest thereon from the date hereof at the rate of 1-174- 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 18 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum of $14,220.230 issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing a main sanitary sewer and certain lateral sanitary sewers 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 and Sections 12-617 to 12-629 and Sections 13-1013 to 13-1018, 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 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 indebte;biess of said city, including this series of bonds, does not exceed any constitu- tional 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 with the fae simile signatures of said officers, and this bond to be dated the first day of September 1946. Attest: City Clerk Lloyd We Price Mayor Section 4. The Mayor and City Clerk are hereby authorized and directed to prepare and ex`ecuTe th 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, will e, 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 of the payment of the principal and interest on said bonds as the same become due by levying taxes and assessments upon the property liable therefor as provided by law. Section 6. This ordinance shall take effect and be in force from and after its publication -in the official city paper. Attests Chas. E. Banker City Clerk Harold E. Peterson, Deputy. STATE OF KANSAS )SS COUNTY OF SALINE Introduced, August 19, 1946 Passed, August 26, 1946 Lloyd W. Price Mayor 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. 5180 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, City er 40' _r, r (Published in the Salina Journal ORDIT,,t'IITCE SIO. -5180 . A4 OrDi?uAvCF providin for and authorizing the is:3uance of Improvement Bonds of the City of Salina, Kansas, in the stem of ?4,220.23, to oay the cost of constructing a main sanitary sewer:and certain lateral san- itary sevrersl in the City of Salina, Kansas, which bonds e,hall be desig- nated as Series ho. S-137 s ':F_1E,FEAS, pursuant to proceedings duly had according; to lau, a certain main and certain lateral sa-aitary sewers:h^.ave been constructer'_ in the City o' Salina, Kansas, in ;�t: main sewer district -'and certain lateral sani- tary sewer distri-cts, as follows: T,iain Sanitary District "S" as provided for and authorized by Ordinance _Io. 5096. Lateral Sanitary Sevier District 204, being in Iain Sanitary Sevier District "S" as provided for and authorized by Ordinance do. 5097. Latoral Sanitary Server District 206, bein in 11ain Sanitary Se,;:ver District "A", as provided for and authorized by Ordinance 710. 5109. rl ' VEFEREASIV the total cost of said sevrers constructed in and as t`.e sewer dis- tricts above mentioned and to be paid by special assessments levied upon lots and pieces of ground liable for the ,-narmeni; of said sewers in the sewer districts above mentioned has been ascertained and is here- by found and determined to be the stun of -X17,,79&.-9.2, -Much amount has been heretofore duly assessed and apportioned to t -he several lots and nieces of ground liable therefor according; to lays, s,Aild as -orovided for in the ordinances of the City of Salina relating thereto, of u1iich amount the sum of -�'7 3, -57 -&.69 -,,has been paid by the owners of the prop- erty .liable therefor, leaving, a balance for Mn_'.ch bonds brill be issued in the sum of 4.43; BE TT OFDAIINTED 73Y the Board of Coi..:aLissioners of the City of Salina, Kansas: Section 1. That the foregoing preambles are hereby adop-;ed and made a. part of this ordinance and. that for the purpose of providing; :funds to pay the cost of the improvements hereinbefore described, there shall be issued and there hereby are issued Internal Irinroveraent J3onds of the City of Salina, Kansas, in the total principal sum o -P 14,22O. -P-3, vrr:ich issue shall consist of -1$' bonds numbered from 1 to ' 18 , inclusive, all dated September 1 y, 1_, 1946, ti;hich small bear interest at the rate of 17!1 41 per cent per annum from and after said date until the respect- ive maturities of said bonds, payable,;,se yannuklly to be evidenced by in- terest coupons as herein provided for and said bonds shall become due serially in denominati-ons as follotivs: No. 1 for $720.23 due September 1, 1947 No. 2 for $1000.00 due September 1, 1247 � Iii. ' ,'fm ':©00.04,I3o,,l �fcs 00 X00' Clue_ ep rnb� a 1948 rt No. 5 for $1,000.00, No. 6 for $500.00 due September 1, 1919 No._7 for $1,000.00,�No. _S_for $500.00 due September^l, 1950 No.�9 for $18000.00, No. 10,for $500.00_ due_�Ieptember 1, 1951 w No. 11 for §1,.200.00.- No. 12�for 00.00 due tember 1 1952 N��1�-for1,000.0!-4 i4o,-1-4_for X00,00 due Se ember 11 1953 No. 15 for $1:000.00; No. 16 for _$500.00_due _September 1, 1951 No. 17 for X1=000.00 ue_5 ptember_1, 1955_ No. 18 for 41.000.00 due September 11_1 Section 2. Said bonds shall be signed b,., t11e; l,layor and shall be attested by thesignature of the City Cler' and tiie corporate seal of the City shall be affixed thereto, and shall have attached thereto interest coupons represent -n; the interest thereon, which. cou-oons shall. be in the form provided by lair nznd shall bear the printed or lithographed fac simile signatures of the i a;;Tor and City Clerk of se -id city and said bonds and in- terest coupons shall be registered in the offices of the City Clerk and the State Auditor as rer,,,uired by law. ' r Section 3. Said bonds ahll be designated as Series -_5- 1T and shall be in Fh form and shall contei n recitals substantially as fo_To s, to -wit: ST!A:T E OF KLTSPS COUI:IT Y O1 S1P`IE CITY 0cp SALI7IA C ...__.�.�.. 6 e r 1. e S S- � NO INTEIr_dAL It;iPROVI_JT.! T BOND F-i"110VT ALL ',ZEN BY 7TESE PRESr,ITS, That, the Cit; of Salina., in the CoLuity of Saline, State of Kansas, acknouled�,es itself to be indebted and for value received hereb%r promises to -ay to the bearer the s-_im of Dollars, in lawful money of -the United � at tes 'of �u:rerica, on The fii S7, day'0f 194 , with. interest Uiereon from the date hereof at the rate o -} y per cent per annum, payableyseni-annually on the: first days of �_ tee} , ;., and$embe '� .�.,. r�,� «_z j in eac!) year, on presentation and surrender of trze _interest couronsnereto )nnoxed 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 :niansas, in the City of Toloeka, Kansas. And said City of Salina, Kansas, is :zeld and firmly bound by t:'nese presents and the, _full f aa_-th, credit and resources of said city are hereb;r irrevocably pledged for the payment of said principal and interest at maturity. This bond is one of a series of $ bonds of life d.at-e and tenor, excerting denomination and maturity, ag regaain_� the -orincisum of PLO, -23-p issued b -.r the City of Salina, Kansas, for the purpose of paying the cost of constructing a main. sanitar,- sevier:,and certain la.-cceral sanitary se-v,ers".in said cit,, b7r the authority of and in full compliance Faith the pro- visions, restrictions and limitations of t} -Le constitution ar d laws of the of Kansas, including Sections 10-101 to 10-115, and Sect'_ons 1ti-617`'+ o 12-62,-9 and Sections 13-1013 to 13-3�}3 r, ^;General Statutes of E a,nsas 1935, and -such -sections a.s amerlded, aaid all other provisions of the lavers of said state applicable thereto, and this bond -,-.id all other bonds of this series, and all interest thereon are to be raid by tree C9.ty of Salina., Kansas. Ind 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 hove been properly done and performed and do exist in di2o and regular form and manner as required by the constitution and lags of the State of Kansas, and that the total indebtedness of saS-d city, in- clud n,- this series of bonds, does not exceed any constitutional or statu- tory li-mitation. mTES , y , Kansa, has executed 1" iTT_,r,�S t`i_'Ei�ECr the said Cit of Salina this bond by causing it to be signed by its.ETayor and its corpora';e seal -be be '_-:ereto affixed, attested by its City Clerk ,and the coupons hereto attached to be signed v%rith the fac simile signatures of said officers, and t'��.is bond to be dated the first daz,r of 19-. Attest: C I t y Clerk Iayor i - If Section 4. The ?,ayor and City Clerk are hereby authorized and directed to prepare and execute he bonds hereinbefore described and to ad- vertise ar_d sell the sa.ine in I:he manner provided by 1 :, and, 1,,rhes duly ex- eci:.ted and registered, to deliver said bonds to the r ,rchaser or .;urchasers the roof. Section 5. The full fait', credit and resources of the City of Salina, Kansas, shall be, :arid the sane are hereby _rrevocably pledged for tl e proin?t i3;7Il3i1' O% sari bon -is wid. all interest tllo-eon. The �)oa.rd of %oiroii Sio''�er5 of l he Cit- of Salina, Kansas, shall annually make: '?rovis _on Cf the paymenu of the principal and interest on said bonds as the sand become due by levy - in"); taxes rand assessments upon the propert:,T liable therefor as provided by Section 6. This ordinance small t a.',:e offect anc,. be L -i force froi--x and of er its ,ublicat-i on in the official city paper. A +I- a c+ Introduced: August191246 August 26,_1946 ;�ayo r