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3860 Utility DistrictsORDINANCE NO. 3860 al i nA AN ORDINANCE providing for the issuance of Improvement Bonds of the City of Salina, Kansas, in the sum of $34,287.75 to pay the cost of repairing and reconstructing a certain part of a certain sewer in the City of Salina, and repealing Ordinance No. 3844 passed and approved, Larch 12, 1930. '::HEREAS, pursuant to proceedings duly had according to law, and as authorized and provided for by Ordinance No. 3760 fo the City of Salina the work of repairing and reconstructing certain portion of the main sewer in Ash Street in said city between Des Moines Avenue and the Smoky Hill River has been completed and the City Engineer's final estimate of the cost thereof, including engineer- ing and incidental expense in connection therewith has been filed and approved and the cost thereof has been found and determined to be the sum of $34,287.75, for which general bonds of the City of Salina, Kansas are to be issued according to law; NOVI THEREFORE, BE IT CRDAIEED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That for the purpose of providing fund to pay the cost of the improvements hereinbefore described there shall be and there are hereby issued Internal Improvement Bonds of the City of Salina, Kansas, in the total principal sum of 434,287.75 which shall become due in twenty approximately equal annual installments as follows: Number Denomination Amount due each year Maturity 1-2 287.75 $ 1,000.00 $ 1,287.75 February 19 1931 3-4 500.00 1,000.00 19500.00 February 19 1932 5-6 1000.00 1,000.00 2,000.00 February 1, 1933 7-8 500.00 10000.00 1,500.00 February 1, 1934 9-10 1000.00 1,000.00 2,000.00 February 1, 1935 11-12 500.00 19000.00 1,500.00 February 1, 1936 13-14 1000.00 1,000.00 29000.00 February 1, 1937 15-16 500.00 19000.00 19500.00 February 1, 1938 17-18 1000.00 1,000.00 2,000.00 February 1, 1939 19-20 500.00 19000.00 1,500.00 February 1, 1940 21-22 1000.00 19000.00 29000.00 February 1, 1941 23-24 500.00 1,000.00 1$00.00 February 1, 1942 25-26 1000.00 19000.00 2,000.00 February 1, 1943 27-28 500.00 19000.00 1,500.00 Febru r 1, 1944 29-30 1000.00 139000.00 2,000.00 February 1, 1945 31-32 500.00 1,000.00 1,500.00 February 1, 1946 33-34 1000.00 19000.00 2,000.00 February 1, 1947 35-36 500.00 11000.00 19500.00 February 1, 1948 37-38 1000.00 19000.00 2,000.00 February 1, 1949 39-40 500.00 1,000.00 1,500.00 February 1, 1950 All of said bonds to bear interest at the rate of 41 per cent per annum payable semi-annually on the first days of r'ebruary and August each year. Section 2. Said bonds shall be exdcuted by the Mayor and shall be at ested rythe City Clerk and the corporate seal of the City shall he affixed thereto. Said bonds shall have attached thereto interest coupons representing the interest thereon and said interest coupons shall bear the fac-simile signatures of the Mayor and 8ity Clerk of said city. Section 3. Said bonds shall be in the form and shall contain recitals substantially as follows: 4 No._� UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SAI.,INE CITY OF SALINA INTERNAL I-�PROVEMENT 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 in lawful money of the United States of America, on the first day of February 19 , with interest thereon from the date hereof at the rate of four and one-half per cent per annum, payable semi- annually on the first days of February and August in each ,year on -presentation and surrender of the interest coui;,ons hereto annexed as said coupons severally become due, bot# 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 40 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum of $34,287.75, issued by the City of Salina, Kansas for the purpose of paying the cost of repairing and reconstructing certain 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, 12-613; 13-1013, 13-1018 of the Revised Statutes of Kansas 1923, and amendments thereto, and Chapter 114 of Laws of 1929, and all other provisions of the laws of said state applicable thereto, and this bond and a 11 of the 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 h,,ve been properly done and performed and do exist in due and regular form and manner as required by the Consti- tution and laws of the State of Kansas, and that the total indebted- ness 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 the first day of February 1930. Attest: City Clerk Mayor (FORM OF COUPON) On the First day of , the City of Salina, Kansas, will pay bearer No. lawful money of the United States of America at the office of the State Treasurer, Topeka, Kansas, being six months interest on its Internal Improve- ment Bond, dated February 1, 1930 No. Attest; (fac-simile) (fac-simile) i y er Mayor STATE OF KANSAS ) SS COUNTY OF SALINE ) City of Salina Kansas 6 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 laza. ITNESS my hand and official seal this Cit -Perk OFFICE OF AUDI`.I'OR OF THE STATE OF KANSAS is Will J. French, Auditor of the State of Kansas, do hereby certify that a transcript of the proceedings leading up to the issuance of this bond has been filed in my office and that this bond was registered in my office according to law this WITNESS my hand and official seal. Auditor of State 16 Section 4. The Mayor and City Clerk are hereby authorized and directed to prepare and execute the bonds hereinbefore de- scribed 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, nansas, 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 prorerty liable therefor as provided by law. Section 6. That Ordinance No. 3844 passed and approved March 12, 1930, be and the sane is hereby repealed. Section 7. This ordinance shall take effect and be in force from and after its publication in the of T icial city p•:per. Introduced, March 243, 1930 Passed, March 25, 1930 Guy T. Helverin Mayor Attest: Chas. E. Banker City Clerk STAT? 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 1Poregoing is a true and correct copy of Ordinance No. 3860 passed and approved by the Board of Com- missioners of the �;ity of Salina March 25, 1930; and a record of the vote on its final adoption is found on page a\� Journal No. 12 City Clerk (Published in the Salina Journal March IV 1930) ORDINANCE NO. 3860 An Ordinance providing for the issuance of Improvement Bonds of the City of Salina, Kansas, in the sum of $340287.75 to pay the cost of repairing and reconstructing a certain part of a certain sewer in. the City of Salina, and repeal- ing Ordinance No. 3844 passed and approved, March 12, 1930. vJ REAS, pursuant to proceedings duly had according to law, and as authorized and provided for by Ordinance No. 3760 of the City of Salina the work of repairing and reconstructing certain portion of the main sewer in Ash Street in said City between Des Moines Avenue and the Smoky Hill River has been completed and the City Engineer's final estimate of the cost thereof, including engineer- ing and incidental expense in connection therewith has been filed and approved and the cost thereof has been found and determined to be the sum of $34,287.75, for which general bonds of the City of Salina, Kansas are to be issued according to law; Now, Therefore, BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. What for the purpose of providing fund to pay the costs of the improvements hereinbefore described there shall be and there are hereby issued Internal Improvement Bonds of the City of Salina, Kansas, in the total principal sum of $34,287.75 which shall become due in twenty approximately equal annual in- stallments as follows: Number Denomination Amount due each year Maturity 1-2 x;'287.75 $12000.00 $1,287.75 February 12 1931 3-4 500.00 10000.00 10500.00 February 1, 1932 5-6 1000.00 10000.00 2,000.00 February 11 1933 7-8 500.00 1,000.00 12500.00 February 1, 1934 9-10 1000.00 10000.00 2f000.00 February 1, 1935 11-12 500.00 1,000.00 1$00.00 February 1, 1936 13-14 1000.00 1,000.00 2,000.00 February 1, 1937 15-16 500.00 10000.00 1,500.00 February 1, 1.938 17-18 1000.00 1,000.00 20000.00 February 10 1939 19-20 500.00 1,000.00 1,500.00 February 1, 1940 21-22 1000.00 10000.00 20000.00 February 12 1941 23-24 500.00 1,000.00 11500.00 February 1, 10, 42 25-26 1000.00 10000.00 20000.00 February 1, 1943 27-28 500.00 10000.00 12500.00 February 11 1944 29-30 1000.00 1, 000.00 2, 000.00 "ebruary 1, 1,945 31-32 500.00 1,000.00 10500.00 February 1, 1946 33-34 1000.00 18000.00 2,000.00 February 1, 1947 35-36 500.00 1,000.00 1,500.00 February 1, 1948 37-38 1900.00 10000.00 2,000.00 February 1, 1949 39-40 500.00 1,000.00 10500.00 Yebruary 1, 1950 All of said bonds to bear interest at the rate of 42 per cent per annum, payable semi-annually on the first days of February and August 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 thereto interest coupons representing the interest thereon and said interest coupons shall hear 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 P1TERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA INTERNAL IMPROVEMENT BOND KNOB"i 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 in lawful money of the United States of America, on the first day of February 19 , with interest thereon from the date hereof at the rate of four and one-half per cent per annum, payable semi- annually on the first days of February and August 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 :40 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum of $34:287.759' -issued by the City of Salina, Kansas for the purpose of paying the cost of repairing and reconstructing certain 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, 12-618; 13-1013, 13-1018 of the Revised Statutes of Kansas 1923, and amendments thereto, and Chapter 114 of Laws of 1929s and all other provisions of the laws of said state applicable thereto, and this bond and all of the 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 anA 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 Consti- tution and laws of the State of Kansas, and that the total indebted- ness of said city, including this series of bonds, does not exceed any constitutional or statutory limitation. IN 1,7ITNESS ='dHEREOF, the said City of Salina, Kansas, has executd.d 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 February 1930. Attest: City Clerk. Mayor (FORM OF COUPON) On the First day of , the City ) of Salina, Kansas, will pay bearer ) No. lawful money ) of the United States of America at the office ) City of of the State Treasurer, Topeka, Kansas, being ) Salina six months interest on its Internal Improve- ) Kansas rent Bond, dated February 1, 1930 No. ) Attest: )) (fac-simile) (fac-simile) ) City Clerk ayor ) } STATE OF KANSAS } ) SS. C OUNTY OF SALINE ) I, the undersigned,City Clerk of the City of Salina, Y'ansas, hereby certify that the within Internal Improvement Bond of the City of Salina.. Kansas, has been duly registered in my office according to law. "<=NESS my hand and official seal this City Com. OFFICE OF AUDITOR OF THE STATE OF KANSAS I, Vill J. French, Auditor of the State of Kansas, do hereby certify that a transcript of the proceedings leading u to the issuance of this bond has been filed in my office and hat tr { Q bond was registered in nay office according to law this V ITNESS my hand and official seal. Auditor of 6tate Section 4. The Mayor and City Clerk are hereb- y authorized and directed to prepare and execute the bonds hereinbefore de- scribed and to advertise and sell the same in the manner provided by law, and tiiirhen 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 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. Section 6. That Ordinance No. 3844 passed and approved Marsh 12, 1930, be and the same is hereby repealed. Section 7. This ordinance shall take effect and be in force from and after its publication in the official city paper. Introduced, March 24, 1930 Passed, March 25, 1930 Attest: