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4994 Issue GO Bonds P-1261 ORDLli;Ai Ch; NO. 4994 (Published in the Sal`:na Journal 4� 1941) 1111 O_RDIi;A1TCE providing for and authorizing the issuance of Inrrovement -Bonds of the City of Salina, Kansas,.in the sum of 418,045.52 to pay the cost of improvin5- certain streets and alleys in said city to be designated as Series P-126. r`rBE.:�EAS, pursuant to proceedings duly had according to law certain street and alley improvements have been constructed by the City of Saliba under the direction of its City Engineer according to law within the estimated cost thereof after the advertise- i7lent for and rejection of bids, no bids having been received for the construction of such improvements within the Engineer's estimate, and said improvements have been constructed and the work thereof done under '�V. P. A. Projects No. 7787-4 and 7787-5, to -wit. Curbing, guttering, and grading of Oakdale Avenue from the north line of Ash Street to the south line of Elm Street as provided for by Resolution No. 778 and Ordinance No. 4970. Curbing, gutterinr, and grading of Tenth Street from the center line of Pacific Avenue to the center line of I-.arsh Avenue as provided for by Resolution No. 779 and Ordinance No. 4970. Curbing, �utterin and grading of Frost Street from the west line of Eleventh Street to the east line of Sherman Street as urovided for by Resolution No. 780 and Ordinance No. 4970. Curbing, guttering and grading of Brown Street from tiie west line of Eleventh Street to the east line of Sherman Street as provided for by Resolution "o. 781 and Ordinance No. 4970. Curbing, guttering and grading of Tenth Street from the: south line of Franklin Stre...t to a point 300 feet south of the south line of Franklin Street as provided for by Resolution No. 782 and Ordinance No. 4970. Paving of the alley lying bet*reen Santa Fe Avenue and l'ifth Street from the south line of Ash Street to the north line of Iron Avenue as provided for by Resolution No. 783 and Ordinance No. 4970. The paving of the unpaved portion of Broadway Boulevard, being 8-1/2 feet on each side of said street lying between the existing pavement thereon heretofore constructed by the State Highway Coiiimission and the existing curb and gutter on each side of said street from the west line of Ninth Street at the intersection of Ninth and Pacific Streets to a point 3978- feet southwesterly along the center line of said street, being a point 248 feet south of the south line of Forth Street as provided for by Resolution No. 744 and Ordinance iso. 4967, and `i -fa REAS, the total cost of said improvements has been ascertained and the total portion thereof to be paid by a general tax to be levied upon all taxable property within said city for the improvement of the squares and areas formed by the cross- ing of streets and alloys and for the improveirent of any of said streets where the sale is through or adjacent to property of the city or of the State of Kansas and to be paid for by the city at large as provided by law, for which the city is liable and for which bonds will be issued as hereinafter provided for has been ascertained and is h-reby determined to be the surf of 0810.11 and it is hereby found and deter- mined that the repair and general iaprovemen.t funds are insufficient to meet the cost and expense of such portion of any of said improvements as might otherwise be paid therefrom; and �a=Rr;AS, that portion of the cost of said improvements to be paid by special assess- laents levied upon the lots and pieces of ground liable for the paynnent of said im- proveraents has been ascertained and is hereby found and determined to be the sum of X12,308.25 which said last amount has heretofore been duly assessed and appor- tioned to the several lots and pieces of ground liable therefor, payable in install- ments according to law and as provided in the ordinances of said city relating thereto duly passed and approved, of which amount the sura of 42,072.84 has been paid to the city by the owners of property liable therefor, leaving a balance of said sum for which bonds shall be issued in the sum of $10,235.41; and rHEREAS, the total cost of said improvements for which bonds ti^rill be issued ex- clusive of the amounts heretofore paid in cash by the property owners has been and is hereby determined to be the sum of 418,045.52; 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 adopted as a i r 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 Improvement Bonds of the City of Salina, Kansas, in the total principal sum of 418,045.52 which shall consist of 37 bonds numbered from one to 37 inclusive, all dated January 1, 1941, which shall bear interest at the rate of 1-1/4 per cent per annum from and after paid date until the respective maturities of said bonds, payable semi-annually, said interest to be evidenced by interest coupons as herein ;provided for and said bonds shall become due serially in denominations as follows: No. 1 for X45.52 and Nos. 2, 3 and 4 for $500.00 each, due January 1, 1942 Nos. 5, 6 and 7 for $500.00 each, due January 1, 1943 140s. 8, 9 and 10 for X500.00 each, due January 1, 1944 Nos. 11, 12 and 13 for 4500.00 each, due January 1, 1945 Nos. 14, 15, 16 and 17 for 0500.00 each, due January 1, 1946 Nos. 18, 19, 20 and 21 for $500.00 each, due January 1, 1947 Taos. 22, 23,24 and 25 for $500.00 each, due January 1, 1948 Nos. 26, 27, 28 and 29 for $500.00 each, due January 1, 1949 Nos. 30, 31, 32 and 33 for 000.00 each, due January 1, 1950 '"os. 34, 35, 36 and 37 for X500.00 each, due January 1, 1951 Section 2. Said bonds shall be signed by the T.avor and shall be attested by the signature of the City Clerk and corporate seal of the city shall be affixed there- to and said bonds shall have attached thereto interest coupons representing the in- terest thereon, which coupons shall be in the form provided by lave and shall bear the printed or lithographed fac-simile signature of the lrtiayor 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-126 and shall be in the form and shall contain recitals substantially as follows, to -wit: UNITED STATES OF Allv,ERICA STATE OF fA2TSAS COUNTY OF SALINE CITY OF SALIIeA Series P-126 No. INTERN iL L. PiWVEt,: ;NT BOND K �OVV ALL i::EN 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 pro..ises to pay to the bearer the sum of Dollars in lawful money of the United States of America, on the first day of January 19 , with interest thereon from the date hereof at the rate of one and one-fourth percent per annum, payable sei.ii-annually on the first days of January and July in each year, on presentation and surrender of the interest coupons hereto annexed as said coupons severally beco:::e due, both principal i 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 pay- ment of said principal and interest at maturity. This bond is one of a series of 37 bonds of like date and tenor, ex-cepting denomination and _aaturity, aggregating the principal sum of X18,045.52 issued by the City of Salina, Kahsas, for the purpose of paying the cost of E constructing certain curbing and guttering and paving improvements in said city by the authority of and in full compliance with the provisions, restric- tions 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 1011x, j 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 thins 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 constitut on 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 ''VITIZSS ".HEREOF, 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 January, 1941. Attest: 1 City Clerk Mayor Section 4. The Llayor and City Clerk are hereby authorized and directed to t prepare and execute the bonds hereinbefore described and to advertise and sell the same in the manner provided by law, and vrhen duly executed and re,-istered 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 projlpt paynent of said bonds and all interest thereon. The Board of Cornr:,issioners 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. Introduced, Larch 10, 1941 Passed, Irarch 17, 1941 Ed Morgenstern 1 ayor Attest: Chas. E. Banker City Clerk --- SSTriTE KANSAS ) ) Ss CUUNTY 01SAL,:L�E, ) I, Chas. E. Banker, City Clerk of the City of Salina, Kansas, do hereby certify that the above and foregon- is a true and correct copy of Ordinance Ido. 4994 passed and approved by the Board of Commissioners of the City of Salina March 17, 1941; and a record of the vote on its final adoption is found on page Journal Flo. 15 City Clerk (Published in the Salina Journal %Jy — -�- / 1941) ORDINANCE NO. 4994 AN ORDINANCE providing for and authorizing the issuance of Improvement Bonds of the City of Salina, Kansas, in the sum of $18,045.52 to pay the cost of improving certain streets and alleys in said city to be designated as Series P-126. WHEREAS, pursuant to proceedings duly had according to law certain street and alley improvements have been constructed by the City of Salina under the direc- tion of its City Engineer according to law within the estimated cost thereof after the advertisement for and rejection of bids, no bids having been received for the construction of such improvements within the Engineer's estimate, and said improvements have been constructed and the work thereof done under W. P. A. Projects No. 7787-4 and 7787-5, to -wit: Curbing, guttering and grading of Oakdale Avenue from the north line of Ash Street to the south line of Elm Street as provided for by Resolution No. 778 and Ordinance No. 4970. Curbing, guttering and grading of Tenth Street from the center line of Pacific Avenue to the center line of Harsh Avenue as provided for by Resolution No. 779 and Ordinance No. 4970. Curbing, guttering and grading of Frost Street from the west line of Eleventh Street to the east line of Sherman Street as provided for by Resolution No. 780 and Ordinance No. 4970. Curbing,, guttering and grading of Brown Street from the west line of Eleventh Street to the east line of Sherman Street as provided for by Resolution No. 781 and Ordinance No. 4970. Curbing, guttering and goading of Tenth Street from the south line of Franklin Street to a point 300 feet south of the south line of Franklin Street as provided for by Resolution No. 782 and Ordinance No. 4970. Paving of the alley lying between Santa Fe Avenue and Fifth Street from the south line of Ash Street to the north line of Iron Avenue as provided for by Resolution No. 783 and Ordinance No. 4970. The paving of the unpaved portion of Broadway Boulevard, being 8-1/2 feet on each side of said street lying between the existing pavement thereon heretofore constructed by the State Highway Commission and the existing curb and gutter on each side of said street from the west line of Ninth Street at the intersection of Ninth and Pacific Streets to a point 3978' feet southwesterly along the center line of said street, being a point 248 feet south of the south line of North Street as provided for by Resolution No. 744 and Ordinance No. 4967# and '•MREAS, the total cost of said improvements has been ascertained and the total portion thereof to be paid by a general tax to be levied upon all taxable property within sa'd city for the improvement of the 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 or of the State of Kansas and to be paid for by the city at large as provided by law, for which the city is liable and for which ponds will be issued as hereinafter provided for has been ascertained and is here- by determined to be the sum of .07810.11 and it is hereby found and determined that the repair and general improvement funds are insufficient to meet the cost and expense of such portion of any of said Luproverents as might other- wise be paid therefrom; and WHEREAS, that portion of the cost of said improvements to be paid by special assessments levied upon the lots and pieces of ground liable for the payment of said improvements has been ascertained and is hereby found and determined to be the sum of 412,308.25 rhich said last amount has heretofore been duly assessed and apportioned to the several lots and pieces of ground liable therefor, payable in installments according to law and as provided in the ordinances of said city relating thereto duly passed and approved, of which amount the sum of ;2'2,072.84 has been paid to the city by the owners of property liable therefor, leaving a bal- ance of said sum for which bonds shall be issued in the sum of :10,235.41; and d'diERE;AS, the total cost of said improvements for whic'n bonds will be issued exclusive of the amounts heretofore paid in cash by the property- o•,ners has been and is now hereby determined to be the sum of ;;18,045.52; iOW THE;:2EFUrZE 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 adopted 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 Improvement Bonds of the City of Salina, Kansas, in the total principal sum of 418,045.52 which shall consist of 3L7 bonds numbered from one to W inclusive, a l dated January 1, 1941, which shall bear interest at the rate of 1-1A per cent per annum from and after paid date until the respective maturities of said bonds, payable semi-annually, said interest to be evidenced by interest coupons as herein provided for and said bonds shall become due serially in denominations as follows: No. 1 for X45.52 and Nos. P.., 3 and 4 for X500.00 each, due Ja-auary 1, 1942 :dos. 5, 6 and 7 for X500.00 each, due -January 1, 1943 ldos. 8, 9 and 10 for X600.00 each, due January 1, 1944 Tilos. 11, 12 and 13 for 111500.00 each, due January 1, 1945 :ios. 14, 15, 16 and 17 for X500.00 each, due January 1, 1946 Nos. 18, 19, 20 and 21 for 1-500.00 each, due January 1, 1947 '_dos. 22, 23, 24 and 25 for ,500.00 each, due January 1, 1948 Nos. 26, 27, 28 and 29 for :500.00 each, due January 1, 1949 Nos, 30, 31, 32 and 33 for X500.00 each, due January 1, 1950 -.os. 34, 35, 36 and 37 for X500.00 each, due January 1, 1951 Section 2. Said bonds shall be signed by the %ayor 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 Uereto interest coupons representing the interest thereon, which coupons shall be in the form pro- vided by law and shall bear the printed or lithographed fac-simile signature of the ?payor acid City Clerk of said city and said bonds and interest coupons shall be rexistered in the office of the City Clerk and in the o'�fice of the Auditor of State as required by law. Secti,n 3. Said bonds shallbe designated as Series P-126 and shall be in the form and shall contain recitals substantially as follows, to -wit: UNITED STATES OF AiiERICA STATE OF KANSAS COUNTY OF SALIM CITY OF SALIdA Series P-126 110. I21TERNAL INPROVET ENT BUM KWUai ALL i'Ei1 BY T7ESL 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 lknerica, on the first day of January 19 , with interest thereon from the date hereof at the rate of one and one-fourth oercent per annum, payable semi-annually on the first days of Januar and July 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 pay- ment of said principal and interest at maturity. This bond is one of a series of 37 bonds of like date and tenor, ex- cepting denomination and maturity, aggregating the principal sum of X18,045.52 issued by the City of Salina, Kansas, for the purpose -of paying the cost of constructing certain curbing and guttering and 4paving improvetaents in said city by the authority of and in full compliance with the provisions, restric- tions 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 1011a, 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 indebtedness of said city, including this series of bonds, does not exceed any constitutional or statutory limitation. IN '1, IT;VFSS ''iFLHr;OF, the said City of Salina, Kansas, has executed this bond by causing it to be signed by its iiayor 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_Januaa, 1941. Attest: City Clerk layor Section 4, The Mayor and City Clerk are hereby autJorized 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 re - 01 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 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. Introduced, &larch 10, 1941 Passed, starch 17, 1941 Attest: ./ `�//� Mayor City Clerk6