3786 Issue GO BondsORDINANCE N0, 37
1
AN ORDINANCE amending ordinance No. 3778 passed September 3rd,
1929, authorizing and providing for the issuance of Improvement
Bonds of the City of Salina, Kansas, in the sum of $89,479.15
to pay the cost of improving certain streets and alleys in said
city.
BE IT ORDAINED by the Board of Commissioners of the City of Salina,
Kansas:
Section 1. That Section 1 of Ordinance No. 3778 be and the same
is hereby amended to read as follows:
"Section 1. That for the purpose of providing funds to pay
the Lost of 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 $89,479.15
Said issue,shall consist of 90 bonds numbered from 1 to 90 inclusive,
all dated 'august 1st, 1929, and shall become due serially in denomi-
nations as follows:
No. 1 for $479. 15 due August 1st, 1930
' Nos. 2 to 9 inclusive for $1 000 each, due August 1, 1930
Nos. 10 to 18 inclusive for 19000 each, due,August 1, 1931
Nos. 19 to 27 inclusive for 1,000 each, due'August 1, 1932
Nos. 28 to 36 inclusive for fl,000 each, due August i, 1933
Nos. 37 to 45 inclusive for 1,000 each, due August 1, 1934
Nos. 46 to 54 inclusive for 1,000 each, due August 1, 1935
Nos. 55 to 63 inclusive for 10000 each, due August 11 1936
Nos. 64 to 72 inclusive for 1,000 each, due "ugust 1, 1937
Nos. 73 to 81 inclusive for $1,000 each, due August i, 1938
Nos. 82 to 90 inclusive for$ 1,000 each, due August 1, 1939
All said bonds shall bear interest at the rate of four and
one-half per cent (42/) per annum, payable semi-annually on
it
February 1st and August 1st in each year*
Section 2. That Paragraph one of Section e of Ordinance No.
3778, be and the same is hereby amended to read as follows:
"Section 3. Said bonds shall be in the form and shall contain
recitals substantially as follows:
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
10 No.
INTFRNAL IMPROVEMENT BOND
KNOW ALL MEN BY THESE PRESENTS That the City of Salina,
in the County of Saline, State of kansas, adknowledges 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 August 19 , with interest thereon from the date hereof
at the rate of four and one-half per cent (420) per annum, payable
semi-annually on the first days of February and 4gust in each
year, on presentation and surrender of the interest coupons here-
to 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."
Section 3. This ordinance shall take effect and be in force
from and after its publication in the official city paper.
Introduced September 26th, 1929
10 Passed September 27th, 1929
.32
STATE OF KANSAS )
) SS
COUNTY OF SALINE )
I. Chas. E. Banker, City Clerk of the City of Salina,
Kansas, do hereby certify that thea bove and foregoing is a true
and correct copy of Ordinance No. 3786 passed and approved by the
Board of Commissioners of the City of Salina September 27th, 1929;
and a record of the vote on its final adoption is found on pageJ6
Journal No. 12.
City ulerk
(Published in the Salina Journal1929)
ORDINANCE N0. 3786
AN ORDINANCE AQ'MDING ORDINANCE NO. 3778
PASSED SEPTEMBER 3RD 1929, AUTHORIZING AND PRO-
VIDING FOR THE ISSUANCE OF IMOVEMENT BONDS OF
THE CITY OF SALINA, KANSAS, IN THE SUM OF $89,479.1 5
TO PAY THE COST OF IMPROVING CERTAIN STREETS AND
ALLEYS IN SAID CITY
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE
CITY OF SALINA, KANSAS:
Section 1. That Section 1 of ordinance No. 3778 be
and the same is hereby amended to read as follows:
"Section 1. That for the purpose of providing funds to
pay the cost of improvements hereinbefore described, there shall 'be
issued and hereby are issued Internal Improvement Bonds of the Lity
of Salina, Kansas, in the total principal sum of $89,479.15. Said
issue shall consist of 90 bonds numbered from 1 to 90 inclusive,
all dated August 1st, 1929, and shall become due serially in denomi-
nations as follows:
No. 1 for x+479.15 due August 1st, 1930
Nos. 2 to 9 inclusive for 91,000 each, due August 1, 1930
Nos. 10 to 18 inclusive for 41,000 each, due August 1, 1931
Nos. 19 to 27 inclusive for 41,000 each, due August 1, 1932
Nos. 28 to 36 inclusive for X1,000 each, due August 1, 1933
Nos. 37 to 45 inclusive for 41,000 each, due August 1, 1934
Nos. 46 to 54 inclusive for 4;1,000 each, due August 1, 1935
Nos. 55 to 63 inclusive for 41,000 each, due August 1, 1936
Nos. 64 to 72 inclusive for $1,000 each, due August 1, 1937
Nos. 73 to 81 inclusive for 41,000 each, due August 1, 1938
Nos. 82 to 90 inclusive for 41,000 each, due August 1, 1939
All of said bonds shall bear interest at the rate of Four
and one-half per cent (44) per annum, payable semi-annually on
February 1st and August 1st in each year."
Section 2. That Paragraph one of Section 3 of ordinance
No. 3778, be and the same is hereby amended to read as follows:
"Section 3. Said bonds shall be in the form and shall con-
tain recitals substantially as follows:
UNITED STATE'S OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
No. INTERNAL IMPROVENIENT 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 August 19 , with interest thereon from the date hereof at
the rate of four and one-half per cent (42) per annum, payable
semi-annually on the first days of February and August in each
year, on presentation and surrender of the interest coupons here-
to annexed as said coupons severally become due, both principal and
interest of this bond being payable at the office of the State Treas-
urer of the State of Kansas, in the City of Topeka, Kansas. And said
City of Salina, Kansas is held anal firmly bound by these presents and
the full faith, credit and resources of said city are hereby irrevo-
cably pledged for the payment of said principal and interest at matur-
ity."
Section 3. This ordinance shall take effect and be in
force from and after its publication in the official city paper.
Introduced -eptember 26th 1929
Passed ,eptember 27th X929
Attest: Mayor
City Clerk*