3872 Issue Temp Notes and BondsJ
ORDINANCE NO. 3872
AN ORDINANCE ratifying and confirming a contract for the construction
of Storm Sewers No. 17 and 18 in the City of Salina, and orovid-
ing for the issuance of temporary notes to pay the cost thereof
pending the issuance and sale of bonds.
BE IT ORDAINED by the Board of Commissioners of the Citi- of Salina,
Kansas:
Section 1. That the acceptance by the City of Salina of the
proposal of H. J. Taylor Construction Company hereinafter referred
to as the contractor as submitted to the Board of Commissioners on
April 7, 1930, which is hereby found and determined to be the lowest
and best bid for such work, and the contract awarded by the Board
of Commissioners of said city to said contractor and signed on be-
half of said city by its Mayor on April R, 1930, for the construc-
tion of storm sewers No. 17 and 18 as provided for by Ordinance No.
3861, said storm sewers to be constructed of Lock Joint reinforced
concrete pipe in sizes Y) inch to 54 inch, inclusive, and of No. 2
double strength vitrified clay pipe in sizes 12 inch to 27 inch,
inclusive, at and for the unit prices contained in said proposal,
w1lich -proposal and contract are hereby referred to and made parts
of this ordinance, be and the same is hereby ratified and confirmed,
said proposal being within the estimated cost of said improvements
as shown by the sworn estimates of the City Engineer filed in the
office of the City Clerk, which estimates are hereby referred to and
made parts of this ordinance.
Section 2. That said storm sewers No. 17 and 18 shall be
built and constructed in accordance with the plans and specifications
therefor prepared by the City Engineer and on file in the office of
the City Clerk, and in accordance with the proposal of said con-
tractor and under the terms of said co) -,,tract, all of which are hereby
referred to and made parts of this ordinance.
Section 3. That temporary notes signed by the Mayor and attested
by the Citv Clrk be issued from time to time as the work progresses
in the mariner and form as required by law, the total amount thereof
not to exceed the contract price for such work, szch notes to bear
interest not to exceed 41 percent per annum and to mature not later
than January lst, 1931, and to be issued in such amounts and at such
time as mone'r for the payment of the cost of such work may be re-
quired, such notes to be issued to said contractor and to be re-
deemed and cancelled at the time that permanent bonds are issued
in lieu thereof,
40
Section 4. This ordinance shall take effect and be in force
from and after its publication in the official city paper.
Introduced, April 14, 1930
Passed, April 21, 1930
Guy T. Helvering
Ma,'ro r
Attest:
Chas. E. Banker_"
City clerk
STAT�t OF KANSAS )
) SS
COUNTY OF SALINE )
I. Chas. F. Banker, City Clerk of the City of Salina, "lansas,
do hereby,* certify that the above and Foregoing is a true and correct
copy of Ordinance No. 3372 passed and ap?,roved by the Board of Com-
missioners of the City of Salina Aril 21, 1930; and a record of the
vote on its final adortion is found on page- Z -A Journal No. 12
(Published in the Salina Journal 1930)
ORDINANCE NO. 3872
AN ORDINANCE ratifying and confirming a contract for the construction
of Storm Sewers No. 17 and 18 in the City of Salina, and provid-
ing for the issuance of temporary notes to pay the cost thereof
pending the issuance and sale of bonds.
BE IT ORDAINED by the Board of Commissioners of the City of Salina,
Kansas:
Section 1. That the acceptance by the City of Salina of the
proposal of H. J. Taylor Construction Company hereinafter referred
to as the contractor as submitted to the Board of Commissioners on
April 7, 1930, °hich is hereby found and determined to be the lowest
and best bid for such work, and the contract awarded by the Board of
Commissioners of said city to said contractor and signed on behalf
of said city by its Mayor on April 7, 1930, for the construction of
storm sewers No. 17 and 18 as provided for by Ordinance No. 3861,
said storm sewers to _,_,e constructed of Lock Joint reinforced con-
crete pipe in sizes 30 inch to 54 inch, inclusive, and of No. 2
double strength vitrified clay pipe in sizes 12 inch to 27 inch,
inclusive, at and for the unit prices contained in said proposal,
which proposal and contract are hereby referred to and made parts
of this ordinance, be and the same is hereby ratified and confirmed,
said proposal being within the estimated cost of said i provements
as shown by the sworn estimates of the City Engineer filed in the
office of the City Olerk, which estimates are hereby referred to and
made parts of this ordinance.
Section 2. That said storm sewers No. 17 and 18 shall be built
and constructed in accordance with the plans and specifications there-
for prepared by the City Engineer and on file in the office of the
City Clerk, and in accordance with the proposal of said contractor
and under the terms of said contract, all of which are hereby referred
to and made parts of this ordinance.
Section 3. That temporary notes signed by the Magor and
attested by the City k'lerk be issued from time to time as the
,:vork progresses in the manner and form as required by law, the
total amount thereof not to exceed the contract price for such
work, such notes to bear interest not to exceed 41 percent per
annum and to mature not later than January lst, 1931, and to be
issued in such amounts and at such time as money for the pW ment
of the cost of such work may be required, such notes to be issued
to said contractor and to be redeemed and cancelled at the time that
permanent bonds are issued in lieu thereof.
Section 4. This ordinance shall take effect and be in force
from and after its publication in the official city paper.
Attest:
Introduced April 14, 1930
Passed, April 21. 1930
City Clerk
i
/ I�gi��r�c
tMayor