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3796 Issue GO BondsORDINANCE NO. 3796 —_ _--_Pub'► fi shed in the _Sa 1 i nra 7rn� rnA l \ ��-���J_`�. -�--�9�$-}--- AN ORDINANCE authorizing and providing for the issuance of Improve- ment Bonds of the City of Salina, Kansas in the sum of $141,671.07, to pay the cost of constructing certain storm sewers in said city. WHEREAS, pursuant to proceedings duly had according to law contracts have been let and performed for the construction of certain improve- ments in the City of Salina, Kansas, to -wit: Storm Sewers Nos. 9, 10, 11, 12, 15 and 16; and WHEREAS, the total cost of said improvements has been ascertained, according to the final estimates of cost prepared by the City Engineer and duly filed in the office of the City Clerk, the total cost of such storm sewers so ascertained, being hereby determined and found to be the sum of 6141,671.07, for which bonds shall be issued as here- inafter provided, NOW THEREFORE BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That for the purpose of providing funds top ay the cost of the improvements hereinbefore described, there shall be issued and hereby are issued Internal Improvement bonds of the City of Salina, Kansas in the total principal sum of $141,671.07, which issue shall consist of 142 bonds numbered from 1 to 142 inclusive, all dated October lst, 1929 and which shall become due serially in denominations as follows: No. 1 for $671.07 due October 1st, 1930 Nos. 2 to 8 inclusive for $1000 each, due October lst, 1930 Nos. 9 to 15 inclusive for $1000 each, due October 1st, 1931 Nos. 16 to 22 inclusive for $1000 each, due October 1st, &932 Nos. 23 to 29 inclusive for $1000 each, due October lst, 1933 Nos, 30 to 36 inclusive for $1000 each, due October 1st, 1934 Nos. 37 to 43 inclusive for $1000 each, due October lst, 1935 Nos. 44 to 50 inclusive for $1000 each, due October lst, 1936 Nos. 51 to 57 inclusive for $1000 each, due October lst, 1937 Nos. 58 to 64 inclusive for $1000 each, due October lst, 1938 Nos. 65 to 71 inclusive for $1000 each, due October lst, 1939 Nos. 72 to 78 inclusive for $1000 each, due October 1st, 1940 Nos. 79 to 85 inclusive for $1000 each, due October 1st, 1941 Nos. 86 to 92 inclusive for $1000 each, due October 1st, 1942 Nos. 93 to 99 inclusive for $loon each, due October 1st, 1943 Nos. 100 to 106 inclusive for $1000 each, due October lst, 1944 Nos. 1.07 to 113 inclusive for $1000 each, due October 1st, 1945 Nos. 114 to 120 inclusive for $1000 each, due October 1st, 1946 Nos. 121 to 127 inclusive for $1000 each, due October lst, 1947 Nos. 128 to 134 inclusive for $1000 each, due October lst, 1948 Nos. 135 to 142 inclusive for $1000 each, due October 1st, 1949 2 All of said bonds shall bear interest at the rate of 44 per cent per annum, payable semi-annually on April 1st and October 1st in each year. Section 2. Said bonds shall be executed by the Mayor and shall be attested by the City Clerk, and the corporate seal of the city shall be affixed thereto. Said bonds shall have attached hereto interest coupons representing the interest thereon and said interest coupons shall bear the fac-simile signatures of the Mayor and City Clerk of said city. Section 3. Said bonds shall be in the form and shall contain recitals substantially as follows: No. UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA INTERNAL IMPROVEMENT BOND 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 October 19 , with interest thereon from the date hereof at the rate of four anT-three-fourths per cent (441) per annum, payable semi-annually on the first days of April and October 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 142 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum of $141,671.07, issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing certain storm sewers in said city by the authority of and in full compliance with the provisions, restrictions and limitations of the conditution and laws of the State of Kansas,in- cluding Sections 12-617 to 12-618 of the Revised Statutes of Kansas 1923, and all amendments thereof, 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 amd 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 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 this first day of October, 1929. Attest: City Clerk Mayor (FORD OF COUPON) No. On the First day of 192_, the City ) of Salina, Kansas, will pay bearer ) Dollars and cents, lawful money ) date of the United States of America at the office ) of the State Treasurer, Topeka, Kansas, being ) interest on its Internal ) Improvement Bond, dated October lst, 1929.No._) City of Salina Kansas } Attest: ) (fac-simile) (fac-simile) ) C ty Clerk mayor — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — STATE OF KANSAS ) ) SS COUNTY OF SALINE ) I, the undersigned, City Clerk of the City of Salina, Kansas, hereby certify that the within Internal Improvement Bond of the City of Salina, Kansas, has been duly registered in my office according to law. WITNESS my hand and official seal this City Cler OFFICE OF AUDITOR OF THE STATE OF KANSAS I, Will J. French, Auditor of the State of Kansas, do hereby certify that a transcript of the proceedings leading up the issuance of this bond has been filed in my office and that this bond was regis- tered in my office according to law this • WITNESS my hand and official seal. Auditor of State 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 pur- chaser or purchasers thereof, on receipt of the purchase price. Section 5. The full faith, credit and recoureds 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 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 therefor as provided by law. 46 Section 6. This ordinance shall take ef�'ect and be in force from and after its publication in the official city paper. Introduced, October 2nd, 1929 Passed, October 7th, 1929 —Guy T. Helvering Mayor Attest: 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 co -:)y of Ordinance No. 3796 passed and approved by the Board of Commissioners of the City of Salina October 2nd, 1929; and a reoord of the vote on its final adoption is found on page\�o I Journal No. 12 y er (Published in the Salina Journal �� �% )411,111929) ORDINANCE N0. 3796 AN ORDINANCE authorizing and providing for the is=suance of Improvement Bonds of the City of Salina, Kansas in the sum of $141,671.07, to pay the cost of constructing certain storm sewers in said city. INHEREAS, pursuant to proceedings duly had according to law contracts have been let and performed for the construction of certain improve- ments in the City of Salina, Kansas, to -wit: µ ;�1_ iG Storm Sewers No. 9, 109''11, 12, 15 and 16; and vUHEREAS, the total cost of said improvements has been ascertained, according to the final estimates of cost el repared by the City Engineer and duly filed in the office of the City lerk, the total cost of such storm sewers so ascertained, being hereby determined and found to be the sum of 141,671.07, for which bonds shall be issued as here- inafter provided, NOW, THEREFORE BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That for the purpose of providing funds to pay the cost of the improvements hereinbefore described, there shall be issued and hereby are issued Internal Improvement bonds of the City of Salina, Kansas in the total principal sum of $141,671.07, which issue shall consist of 142 bonds number,d from 1 to 142 inclusive, all dated October lst, 1929 and which shall become due serially in denominations as follows: No. 1 for $671.07 due October 1st, 1930. Nos. 2 to 8 inclusive for $1000 each, due October 1st, 1930 Nos. 9 to 15 inclusive for $1000 each, due October lst, 1931 Nos. 16 to 22 inclusive for $1000 each, due October lst, 1932 Nos. 23 to 29 inclusive for $1000 each, due October lst, 1933 Nos. 30 to 36 inclusive for $1000 each, due October lst, 1934 Nos. 37 to 43 inclusive for $1000 each, due October 1st, 1935 Nos. 44 to 50 inclusive for $1000 each, due October lst, 1936 Nos. 51 to 57 inclusive for $1000 each, due October 1st, 1937 Nos. 58 to 64 inclusive for $1000 each, due October 1st, 1938 Nos. 65 to 71 inclusive for $1000 each, due October 1st, 1939 Nos. 72 to 78 inclusive for $1000 each, due October lst, 1940 Nos. 79 to 85 inclusive for $1000 each, due October 1st, 1941 Nos. 86 to 92 inclusive for $1000 each, due October lst, 1942 Nos. 93 to 99 inclusive for $1000 each, due October 1st, 1943 Nos. 100 to 106 inclusive for $1000 each, due October 1st, 1944 Nos. 107 to 113 inclusive for $1000 each, due October-lst, 1945 Nos. 114 to 120 inclusive for $1000 each, due October lst, 1946 Nos. 121 to 127 inclusive for $1000 each, due October lst, 1947 Nos. 128 to 134 inclusive for $1000 each, due October lst, 1948 Nos. 135 to 142 inclusive for $1000 each, due October 1st, 1949 All of said bonds shall bear interest at the rate of 44 per cent per annum, payable semi-annually on April lst and October lst in each year. Section 2. Said bonds shall be executed by the Mayor and shall be attested by the City Olerk, and the corporate seal of the city shall be affixed thereto. Said bonds shall have attached here- to interest coupons representing the interest thereon and said in- terest coupons shall bear the fac-simile signatures of the Mayor and City Clerk of said city. Section 3. Said bonds shall be in the form and shall contain recitals substantially as fo.lows: No. UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA INTERNAL IMPROVE1,TI NT HAND KNOW ALL MEN BY THESE PRESENTS, That the City of Salina, in the County of Saline, State of Kansas, acknowledges itself to be in- debted and for value received hereby promises to pay to the bearer the sum of in lawful money of the United States of America, on the firstrday of October 19, with interest thereon from the date hereof at the rate of four and three-fourths per cent (44%) per annum, payable semi-annually on the first days of April and October 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 142 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum of $141,671.07, issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing certain storm 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 12-617 to 12-618 of the Revised Statutes of Kansas 1923, and all amendmenthereof, 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, con- ditions 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 Contitution and laws of the State of Kansas, and that the total in- debtedness of said city, including this series of bonds, does not exceed any 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 with the fac-simile signatures of said officers, and this bond to be dated this first day of October, 1929. Attest; Y er Mayor (FORM OF COUPON) No. On the First day of 192 J. the City ) of Salina, Kansas, will pay bearer ) Dollars and cents, law ul money ) date of the United States o merica at the office ) of the State Treasurer, Topeka, Kansas, being ) interest on its Internal ) Improvement Bond, dated October 1st, 1929. No. ) City of Salina Kansas Attest: ) (fac-simile ) ( fac-simile ) ) City Ulerk Mayor ) 4 -- — — — — — — — — — — — — — — — — — — — — — — — — — — — — )-- -- ---- STATE OF KANSAS ) ) SS COUNTY OF SALINE ) I, the undersigned, City Clerk of the City of Salina, Kansas, hereby certify that the within Internal Improvement Bond of the City of Salina, Kansas, has been duly registered in my office according to law. WITNESS my hand and official seal this City Clerk OFFICE OF AUDITOR OF THE STATE OF KANSAS I. Will J. French, Auditor of the State of Kansas, do, hereby certify that a transcript of the proceedings leading up the issuance of this bond has been filed in my office and that this bond was regis- tered in my office according to lava this WITNESS my hand and official seal. Auditor of State Section 4. The Mayor and City Olerk 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, on receipt of the purchase price. 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 there- on. 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 proE;erty liable therefor as provided bT law. Section 6. This ordinance shall take effect and be in force from and after its publication in the official city paper. Introduced, October 2nd, 1929 Passed, October 7th, 1929 Attest; City-Cle—r-F—