4835 Improvement BondsEll Id
ORDINANCE N0. 4835
(Published in the Salina Journal 1938)
AN ORDINANCE providing for and authorizing the issuance of Improve-
ment Bonds of the City of Salina, Kansas, in the sum of $42,935.80
to pay the cost of acquiring by condemnation and appropriation
certain lands for the purpose of widening certain portions of
Olive Street and of the highway extending northerly therefrom
in the City of Salina, Kansas, said bond issue to be designated
as Series No. C-117.
WHEREAS, pursuant to Resolution No. 708 and Resolution No. 714
heretofore duly passed and adopted by the Board of Commissioners
of the City of Salina, Kansas, certain lands within the City of
Salina have been appropriated and condemned for the purpose of
widening a portion of Olive Street and of the highway extending
northerly from the northerly end of Olive Street in the City of
Salina, Kansas; and
WHEREAS, in the manner provided by law, commissioners have been duly
appointed by the Judge of the District Court of Saline County, Kansas,
for the purpose of appraising the value of the lands so appropriated
and condemned of the City of Salina for the purpose aforesaid and to
assess damages for the taking and appropriation of said lands, and
any other damages, if any, done to the owners of such lands by reason
of such appropriation and to assess against the City of Salina the
amount of the benefit to the pablic generally by reason thereof and
to assess the remainder of the cost of such condemnation against the
specific private property within the City of Salina, Kansas, lying
within the benefit district fixed and determined by the Board of Com-
missioners of said city which may be especially benefited 'thereby, and
WHEREAS, said commissioners so appointed hav ing duly taken and sub-
scribed their oath as provided by law and having duly notified the
owners of the lands to be taken and condemned and all other persons
interested, of the time and place, when and where said commissioners
would meet for the purpose of viewing and appraising said lands and
assess the damages and benefits on account of such condemnation and
appropriation, did on the 7th day of February, 1938 file in the office
of the City Clerk as provided by law the report of the damages and
benefits so awarded and assessed by them as provided by law, and
WHEREAS, by the report of said commissioners so made and ailed by them
as aforesaid, it has been determined that the cost of acquiring said
lands by condemnation and appropriation as aforesaid is the sum of
$42,935.80! and
WHEREAS, the Board of Commissioners of the City of Salina, deem it
necessary in order to pay for the lands so appropriated and condemned
for the widening a certain street as aforesaid, that they issue and
sell the negotiable bonds of the City of Salina, Kansas, to obtain the
necessary funds therefor in a sum not to exceed the cost thereof to -wit
the sum of $42,935.80, all as authorized by Section 12-671 R. S. 19350
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 condemning and appropriating certain lands in the City of
Salina for the purpose of widening a certain street and highway in
said city as hereinbefore described, there shall be issued and there
hereby are issued Internal Improvement Bonds of the City of Salina,
Kansas, in the total principal sum of $42,935*80 which issue shall
consist of 43 bonds numbered from 1 to 43 inclusive, all dated February
15, 1938, which shall bear interest at two (2%) percent per annum from
and after said date until the respective maturities of said bonds,
payable semi-annually, to be evidenced by interest coupons as herein
provided for, and said bonds shall become due serially in denominations
as follows:
}N:}I
t ki .
Section 2• Said bonds shall be signed by the Mayor and
shall be attested by the signature of 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 be in the form
provided by law, and shall bear the fac-sir-ile signatures of the
Mayor and City Clerk of said city, and said bonds shall be registered
in the office of the City Clerk and State Auditor as required by law*
Section 3. Said bonds shall be designated as Series Nog
C-117 and shall be in the form and shall contain recitals substantially
as follows:
i
No.
1 for 0935.£0 due February 15, 1939
Nos.
2,
3 and 4
for $1000
each due February 15, 1939
Nos.
i
52
6, 7
and 8
for $1000 each due February 15, 1940
Nos.
9,
10,
11 and
12 for
$1000 each due
February Jr),,
1941
Nos.
13,
14,
15
and
16 for
$1000 each due
February 15s
1942
Ii Nos.
170
180
19
and
20 for
$1000 each due
February 15,
1943
Nos.
212
222
23
and
24 for
01000 each due
February 15
1944
Nos,
i
25,
260
27
and
28 for
$1000 each due
February 15,
1945
Nos.
290
300
31,
32
and 33
for $1000 each
due February
15, 1946
Nos.
340
350
36,
37
and 38
for $1000 each
due February
15, 1947
s Nos.
390
400
410
42
and 43
for $1000 each
due February
15, 1948
Section 2• Said bonds shall be signed by the Mayor and
shall be attested by the signature of 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 be in the form
provided by law, and shall bear the fac-sir-ile signatures of the
Mayor and City Clerk of said city, and said bonds shall be registered
in the office of the City Clerk and State Auditor as required by law*
Section 3. Said bonds shall be designated as Series Nog
C-117 and shall be in the form and shall contain recitals substantially
as follows:
UNITED STATES OF AT ERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
Series C-117 No.
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 day
of 19 �, with interest thereon from the date=ereof at
the rate of per cent per annum, payable semi-
annually on the days of and
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 43 bonds of like date and
tenor, excepting denomination and maturity, aggregating the principal
sum of $42,935.80 issued by the City of Salina, Kansas, for the pur-
pose of paying the cost of appropriating and condemning certain lands
in the City of Salina, Kansas for the purpose of widening a certain
street and highway of said city as provided for and authorized by and
in full compliance with the provisions, restrictions and limitations
of the constitution and laws of the State of -Kansas, including Sections
12-671 and 26-201 to 26-204 inclusive, Revised 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, condi-
tions 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 in-
debtedness of said city, including this series of bonds, does not
exceed any constitutional or statutory limitation.
IN FATNESS WHEREOF., the said City of Salina, Kansas, has exe-
cuted this bond by causing it to be signed by its Mayor and 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 day of 1938.
Attest:
City Clerk
Mayor
Section 4. The Mayor and City Clerk are hereby authorized
and directed to prepare and execute the bonds hereinbefore des-
cribed 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.
Section 5. The full faith, credit and resources of the City
of Salina, 1-a.nsas, 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 provisions 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. This ordinance shall take effect and be in force
from and after its publication in the official city paper.
Attest:
Introduced, February 7, 1938
Passed, February 14, 1938
Chas. E. Banker
ity uler
Ed Morgenstern
Wyor
STATE OF KANSAS
SS
I 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
copy of Ordinance No. 4835 passed and approved by the Board of Com-
missioners of the City of Salina February 14, 1938; and a record of
the vote on its final adoption is found on page a/,,�, Journal No. 14.
I y e -r
i
i
I
i
i
;I
(Published in the Salina Journal aAj A 5, 1938 )
ORDINANCE NO. 4835
AN ORDINANCE providing for and authorizing the issuance of Improve-
ment Bonds of the City of Salina, Kansas in the sum of $42,935.80
to pay the cost of acquiring by condemnation and appropriation
certain lands for the purpose of widening certain portions of
Olive Street and of the highway extending northerly therefrom
in the City of Salina, Kansas, said bond issue to be designated
as Sek s No. C-117.
ISEREAS, pursuant to Resolution No. 708 and Resolution No• 714
heretofore duly passed and adopted by the Board of Commissioners
of the City of Salina, Kansas, certain lands within the City of
Salina have been appropriated and condemned for the purpose of
widening a portion of Olive street and of the highway extending
northerlfrom the northerly end of Olive Street in the City of
Salina, lnsas; and
WHEREAS, in the manner..,provided by law commissioners have been
duly appointed by the Judge of the District Court of Saline County,
Kansas, for the purpose of appraising the value of the lands so
appropriated and condemned of the City of Salina for the purpose
aforesaid and to assess damages for the taking and appropriation
of said lands, and any other damages, if any, done to the owners
of such lands by reason of such appropriation and to assess against
the City of Salina the amount of the benefit to the public gene -,,ally
by reason thereof and to assess the remainder of the cost of such
condemnation against the specific private property within the City
of Salina, Kansas, lying within the benefit district fixed and
determined by the Board of Commissioners of said city which may
be especially benefited thereby, and
WHEREAS, said commissioners so appointed having duly taken and
subscribed their oath as provided by law and having duly notified
the owners of the lands to be taken and condemned and all other
persons interested, of the time and place, when and where said
commissioners would meet for the purpose of viewing and appraising
said lands and assess the damages and benefits on account of such
condemnation and appropriation, did on the 7th day of February,
1938 file in th4 office of the City Clerk as provided by law the
report of the damages and benefits so awarded and assessed by them
as provided by law,, and
AHEREAS, by the report of said commissioners so made and filed
by them as aforesaid, it has been determined that the cost of
acquiring said lands by condemnation and appropriation as afore-
said is the sum of $42,935.80, and
MER:EA.S, the Board of Commissioners of the City of Salina, deem
it necessary in order to pay for the lands so appropriated and
condemned for the widening a certain street as aforesaid, that
they issue and sell the negotiable bonds of the City of Salina,
Kansas, to obtain the necessary funds therefor in a sum not to
exceed the cost thereof to -wit the sum of $42,935.80, all as
authorized by Section 12-671 R. S. 19DS,. 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 condemning and appropriating certain lands in
the City of saliva for the purpose of widening a certain street
and highway in said city as hereinbefore described, there shall
be issued and there hereby are issued Internal Improvement Bonds
of the Eity of Salina, Kansas, in the total principal sum of
$42,935.80 which issue shall consist of 43 bonds numbered from
1 to 43 inclusive, all dated February 15, 1938, which shall bear
interest at two (2%) percent per annum from and after
said date until the respective maturities of said bonds, payable
semi-annually, to be evidenced by interest coupons as herein
provided for, and said bonds shall become due serially in denomina-
tions as follows :
No* l for $935.80 due February 150 1939
Nos, 2, 3 and 4 for $1000 each due February 15, 1939
Nos. 5, 60 7 and 8 for $1000 each dine February 15, 1940
Nos, 9, 100 11 and 12 for $1000 each due February 15, 1941
Nos. 130 140 15 and 16 for $1000 each due February 15, 1942
Nos, 170 18, 19 and 20 for $1000 each due February 15, 1943
Yos. 210 22, 23 and 24 for $1000 each due February 15, 1944
Nos. 25, 26, 27 and 28 for $1000 each due February 15, 1945
Nos, 29, 30, 310 32 and 33 for $1000 each due February 15, 1946
Nos. 340 35, 360 37 and 38 for $1000 each due February 150 1947
Nos, 39, 400 410 42 and 43 for $1000 each due February 15, 1948
Section 2. Said bonds shall be signed by the Mayor and shall
be attested by the signature of the City Clerk, and the corporate
seal of the City shall be affixed thereto. Said bonds shall have
attached thereto interest coupons representing the interest thereon
and said interest coupons shall be in the form provided by lair,
and shall bear the fac-simile signatures of the Mayor and City
Clerk of said city, and said bonds shall be registered in the office
of the City Clerk and State Auditor as required by law•
Section 3. Said bonds shall be designated as Series No. C•117
and shall be in the form and shall contain recitals substantially
as follows:
0
KNOW
the County of
indebted and
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
Series 0-117
INTERNAL II+I[PROVEMENT BOND
No.
ALL MEN BY THESE PRESENTS, That the City
Saline, State of Kansas, acknowledges
for value received hereby promises to
bearer the sum of
of Salina, in
itself to be
pay to the
Dollars
in lawful money of the United States of America, on the firot day
of 19 , with interest thereon from the date heredt'"',A
the rate of percent per annum, pay-
able semi-annually on the days of and
in each year, on presentation and surrender of the interest coupons
hereto annexed as skAd coupons severally become due, both principal
and interest of this bond being payable at the office of the State
Treasurer of the State of Kansas, in the City of Topeka, Kansas.
And said City of Salina, Kansas, is held and firmly bound by these
presents and the full faith, credit and resources of said city are
hereby irrevocably pledged for the payment of said principal and
Interest at maturity
This bond is one of a series of 43 bonds of like date and
tenor, excepting denomination and maturity aggregating the
principal sum of ,$"0935.80 issued by the 8ity of Salina, Kansas,
for the purpose of paying the cost of appropriating and condemning
certain lands in the City of Salina, Kansas for the purpose of
widening a certain street and highway of said city as provided
for and authorized by and in full compliance with the provisions,
restrictions and limitations of the constitution and laws of the
State of Kansas, including Sections 12-671 and. 26-201 to 26-204
inclusive, Revised Statutes of Kansas 19S8, 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, condi-
tions 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 in-
debtedness of said city, including this series of bonds, does not
exceed any constitutional or statutory limitation.
IN WITNESS VEEREOF, the said City of Salina, Kansas, has exe-
cuted this bond by causing it to be signed by its Mayor and 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 day of 1938•
yor
Attest:
My Cleric
Section 4• The Mayor and City Clerk are hereby authorised
and directed to prepare and execute the bonds hereinbefore described
and to advertise and sell the same in the manner provided by laws,
and, when duly executed and registered to deliver said bonds to
the purchaser or purchasers thereof.
Section 5• The full faiths, 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 Salinas,
Kansas, shall annually make provisions forthe 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*
Attest:
Introduced, '.February 7, 1938
Passed* February 14, 1938
yors, 7nate=
-City Clerk