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4870 Improvement BondsORDINANCE NO. 4870 (Published in the Salina Journal_ _..-_ _ - ---l.gaZ.1--- AN ORDINANCE providing for and authorizing the issuance of Improve- ment Bonds in the City of Salina, Kansas, in the sum of 044,373.31 to pay the cost of improving certain streets in said city to be designated as Series P-118. 'c'JHEREAS, pursuant to proceedings duly had according to law, contracts have been let and performed for the construction of the following street improvements in said city or such improvements have been con- structed by said city under the direction of its City Engineer accord- ingly to law within the estimated cost thereof after the advertisement for and rejection of bids where no bids were received within the engineer+s estimate, to -wit: Curbing, guttering and grading of Kansas Avenue from Elm Street to a point 500 ft. north of Elm Street as provided for by Resolution No. 637 and Ordinance No. 4573. Curbing, guttering and grading of Sheridan Avenue from Crawford Avenue to Republic Avenue as provided for by Resolution No. 636 and Ordinance No. 4574. Curbing, guttering and grading of Phillips Street from Charles Street to Crawford Avenue as provided for by Resolution No. 644 and Ordinance No. 4716. Curbing, guttering and grading of K'rwin Avenue from Ninth Street to Highland Avenue as provided for by Resolution No. 645 and Ordinance No. 4716. Curbing, guttering and grading of Oakdale Avenue from Elm Street to a point 550 ft. north of Elm Street as provided for by Resolution No. 673 and Ordinance No. 4716. Curbing, guttering and grading of Connecticut Avenue from Iron Avenue to Johnstown Avenue as provided for by Resolution No. 674 and Ordinance 4716. Curbing, guttering and grading of Custer Street from Crawford Avenue to Republic Avenue as provided for by Resolution No. 681 and Ordinance No. 4740. Curbing, guttering and grading of Eleventh Street from Frost Street to Republic Avenue as provided for by Resolution No. 675 and Ordinance No. 4740. Curbing, guttering and grading of Phillips Street from Prescott Avenue to Charles Street as provided for by Resolution No. 680 and Ordinance No. 4740. Curbing, guttering and grading of Clark Street from State Street to Marietta Street as provided for by Resolution No. 692 and Ordinance No. 4777. Curbing, guttering and grading of Columbia Avenue from Elm Street to Riverside Drive as provided for by Resolution No. 696 and Ordinance No. 4777. Curbing, gut,ering and grading Delaware Avenue from Iron Avenue to Stapler Avenue as provided for by Resolution No. 697 and Ordinance No. 4777. Curbing, guttering and grading Eleventh Street from Jewell Avenue to Kirwin Avenue as provided for by Resolution No. 698 and Ordinance No. 4777. Curbing, guttering and grading Ellsworth Street from High- land Circle to Pershing Street as provided for by Resolution No. 689 and Ordinance No. 4777. Curbing, guttering and grading Franklin Street from Ninth Street to Eleventh Street as provided for by Resolution No. 691 and Ordinance No. 4777. Curbing, guttering and grading Grand Avenue from T�inth Street to Tenth Street as provided for by Resolution No. 699 and Ordinance No. 4777. 40 Curbing, guttering and grading Jewell Avenue from Tenth Street to Eleventh Street as provided for by Resolution No. 702 and Ordinance No. 4777. Curbing, guttering and grading Park Street from Railroad Street to Chicago Street as provided for by Resolution No. 683 and Ordinance No. 4777. Curbing, guttering and grading Pershing Street from Jewell Avenue to a point in Highland Court Addition as provided for by Resolution No. 688 and Ordinance No. 4777. Curbing, guttering and grading Prescott Avenue from Twelfth Street to Phillips Street as provided for by Resolution No. 682 and Ordinance No, 4777. Curbing, guttering and grading Sherman Street from Crawford Avenue to Republic Avenue as provided for by Resolution No. 700 and Ordinance No. 4777. Curbing, guttering and grading Tenth Street from Jewell Avenue to Kirwin Avenue as provided for by Resolution No. 690 and Ordinance No. 4777. Paving, and grading of a part of Ninth Street from Jewell Avenue to Cloud Street as provided for by Resolution No. 646 and Ordinance Tlo. 4716. Paving and grading of part of Ninth Street from Lincoln Street to Pacific Avenue as provided for by Resolution No. 687 and Ordinance No. 4777. Paving and grading of Beloit Avenue from Highland Circle to Funston Street as provided for by Resolution No. 704 and Ordinance No. 4791. Paving and grading of Sunset Drive from Pershing Street to Funston Avenue as provided for by Resolution No. 703 and Ordinance No. 4785. Recurbing and reguttering and grading and paving of a portion of Eighth Street from Ash Street to Iron Avenue as provided for by Resolution No. 668 and Ordinance No. 4716. Recurbing and reguttering and grading and paving a portion of Eighth Street from Iron Avenue to Walnut Street as pro- vided for by Resolution No. 671 and Ordinance No. 4716, and WHEREAS, the total cost of said improvements has been ascertained and the total portion thereof to be paid by a general tax to be levied upon taxable property within said city for the improvement of the squares and areas formed by the crossing of streets and alleys and for the improvement of any of said streets where the same is through or adjacent to property of the city or of the federal government to be paid by the city at large as provided by law for which the city is liable and for which bonds will be issued as hereinafter provided for, has been ascertained and is hereby determined to be the sum of �;6, 832.54, and it is hereby found and determined that the repair and general improvement funds of said city are insufficient to meet the cost and expense of such portion of any of said improvements as might otherwise be paid therefrom; and WHEREAS, that portion of the cost of said street improvements to be paid by special assessments levied upon the lots and pieces of ground liable for the payment of said street improvements has been ascertained and is hereby found and d etermined to be the sum of y 43,138.07 which said last amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor, payable in in- stallments according to law and as provided in the ordinances of said city relating thereto duly passed and approved, of which amount the sum of �?�5,587.30 has been paid to said city by the owners of property liable therefor, leaving a balance of said sum for which bonds will be issued in the sum of 037,540.77; and 10,`HEREAS, the total cost of said improvements for which bonds will be issued exclusive of the amount heretofore paid in cash by the property owners has been and is now hereby determined to be the sum of $44,373.31; NOW THEREFORE BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: t d 0c% ..1 G toi Section 1. That the foregoing preambles be and they are hereby adopted as a part of this ordinance and that for the purpose of pro- viding funds to pay the cost of the improvements hereinbefore, and in the ordinances and resolutions hereinbefore referred to, described, there shall be issued and there hereby are issued Internal Improve- ment Bonds of the City of Salina, Kansas, in the total principal sum of $44,373.31, which shall consist of 45 bonds numbered from one to 45 inclusive, all dated May 1st, 1938, which shall bear in- terest at the rate of two per cent per annum from and after said date until the respective maturities of said bonds, payable semi- annually, said interest to be evidenced by interest coupons as here- in provided for, and said bonds shall become due serially in de- nominations as follows: No. 1 for $373.31 due May 1st, 1939 Nos. 2, 3, 4 & 5 for $1000 each due May lst, 1939 Nos. 6. 70 8 & 9 for $1000 each due May 1st, 1940 Nos. 10, 11, 12 and 13 for $1000 each due May 1st, 1941 Nos. 140 15, 16 and 17 for ,1000 each due May 1st, 1942 Nos. 18, 19, 20 and 21 for ,1000 each due May lst, 1943 Nos. 22, 23, 24 and 25 for $1000 each due May lst, 1944 Nos. 26, 27, 289 29 and 20 for X1000 each due May 1st, 1945 Nos. 31, 32, 33, 34 and 35 for X1000 each due May 1st, 1946 Nos. 36, 37, 38, 39 and 40 for w1000 each due May 1st, 1947 Nos. 41, 42, 43, 44 and 45 for $1000 each due May 1st, 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 there on, which coupons shall be in the form provided by law and shall bear the fac-simile signatures of the Mayor and City Clerk of said city and said bonds and interest coupons shall be registered in the Offices of the City Clerk and the State Auditor as required by law. Section 3. Said bonds shall be designated as Series P-118 and shall be in the form and shall contain recitals substantially as follows: to -wit: UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA No, Series P-118 INTERNAL IMPROVE14ENT BOND KNO1V ALL TJEN BY THESE PRESENTS, That the City of Sallina, 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 slam of Dollars in lawful money of the United States of America, on the first day of J. with interest thereon from the date here- of at the rate of percent per annum, payable semi-annually on the first 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 Cit; 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 45 bonds of like date and tenor, excepting; denomination and maturity, aggregating the principal sum of y44,373.31 issued by the City of Salina. Kansas, for the purpose of paying the cost of constructing certain paving, curbing,and gutter- ing impprovements in said city by the authority of and in full com- pliance with the provisions, restrictions and limitations of the constitution and laws of the State of Kansas, including Sections 10-101 to 10-115, 12-601 to 12-608, and 13-1012, General Statutes of Kansas 1935, and such sections as amended, and all other pro- visions 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 indebtedness of said city, including this series of bonds, does not exceed any constitutional or statutory limitation. IN I-VITNESS 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 sued with the fac-simile signatures of said officers, and this bond to be dated the first day of 1938. Attest: Chas. E. Banker ��i y Ulerk 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 I 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, 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 of the payment of the principal and interest on said bonds as the same become due by levying taxes nd 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. Introduced, May 232 1938 Passed, May 31, 1938 Ed_Morgenstern R ayor Attest: Chas. E. Banker C it y -C-Te- -rk 9 STATE OF KANSAS ) SS CO?)1ATY OF SALINE ) I, Chas. E. Banker, City Clerk of the City of Salina, nansas, do hereby certify that the above and forego', -ng is a true and correct copy of Ordinance No. 4870 passed and approved by the Board of Com- missioners of the City of Salina May 31, 1938; and a record of the vote on its final adoption is found on page Hyl Journal No. 14. i er ( Published in the Salina Journal ORDINANCE N0, 4870 AN ORDIWANCE providing for and authorizing the issuance of Improvement Bonds in the City of Salina, Kansas, in the sum of $44,373.31 to pay the cost of improving certain streets in said city to be designated as Series P-118. VdHEREAS, pursuant to proceedings duly had according to law, con- tracts have been let and performed for the construction of the following street improvements in said city or such improvements have been constructed by said city under the direction of its City Engineer according to law within the estimated cost thereof after the advertisement for and rejection of bids where no bids were received within the engineer's estimate, to -wit: Curbing, guttering and grading of Kansas Avenue from Elm Street to a point 500 ft. north of Elm Street as provided for by Resolution No. 637 and Ordinance No. 4573 Curbing, guttering and grading of Sheridan Avenue from Crawford Avenue to Republic Avenue as provided for by Resolution No. 636 and Ordinance No, 4574 Curbing, guttering and grading of Phillips Street from Charles Street to Crawford Avenue as provided for by Resolution No. 644 and Ordinance No. 4716. Curbing, guttering and grading of Kirwin Avenue from Ninth Street to Highland Avenue as provided for by Resolution No. 645 and Ordinance No. 4716. Curbing, guttering and grading of Oakdale Avenue from Elm Street to a point 550 ft. north of Elm Street as provided for by Resolution No. 673 and Ordinance No. 4716 Curbing, guttering and grading of Connecticut Avenue from Iron Avenue to Johnstown Avenue as provided for by Resolution No. 674 and Ordinance 4716 Curbing, guttering and grading of Custer Street from Crawford Avenue to Republic Avenue as provided for by Resolution No. 681 and Ordinance No. 4740. Curbing, guttering and grading of Eleventh Street from Frost Street to Republic Avenue as provided for by Resolution No. 675 and Ordinance No. 4740. Curbing, guttering and grading of Phillips Street from Prescott Avenue to Charles Street as provided for by Resolution No. 680 and Ordinance No. 4740. Curbing, guttering and grading of Clark Street from State Street to Marietta Street as provided for by Resolution No. 692 and Ordinance No. 4777. Curbing, guttering and grading of Columbia Avenue from Elm Street to Riverside Drive as provided for by Resolution No. 696 and Ordinance No. 4777. Curbing, guttering and grading Delaware Avenue from Iron Avenue to Stapler Avenue as provided for by Resolution No. 697 and Ordinance No, 4777. Curbing, guttering and grading Eleventh Street from Jewell Avenue to Kirwin Avenue as provided for by Resolution No. 698 and Ordinance No. 4777. Curbing, guttering and grading Ellsworth Street from High- land Circle to Pershing Street as provided for by Resolution No. 689 and Ordinance No. 4777. Curbing, guttering and grading Franklin Street from Ninth Street to Eleventh Street as provided for by Resolution No. 691 and Ordinance No. 4777. Curbing, guttering and grading Grand Avenue from Ninth Street to Tenth Street as provided for by Resolution No. 699 and Ordinance No. 4777. Curbing, guttering and grading Jewell Avenue from Tenth Street to Eleventh Street as provided for by Resolution No. 702 and Ordinance No, 4777. Curbing, guttering and grading Park Street from Railroad Street to Chicago Street as provided for by Resolution No. 683 and Ordinance No. 4777. Curbing, guttering and grading Pershing Street from Jewell Avenue to a point in Highland Court Addition as provided for by R9661ut±on',No. 688 and Ordinance No, 4777. Curbing, guttering and grading Prescott Avenue from Twelfth Street to Phillips Street as provided for by Resolution No. 682 and Ordinance No. 4777. Curbing, guttering and grading Sherman Street from Crawford Avenue to Republic Avenue as provided for by Resolution No. 700 and Ordinance No, 4777. Curbing, guttering and grading Tenth Street from Jewell Avenue to Kirwin Avenue as provided for by Resolution No. 690 and Ordinance No. 47770' Paving, and grading of a part of Ninth Street from Jewell Avenue to Cloud Street as provided for by Resolution 646 and Ordinance No. 4716 Paving and grading of part of Ninth Street from Linco)a Street to Pacific Avenue as provided for by Resolution No. 687 and Ordinance No, 4777. Paving and grading of Beloit Avenue from Highland Circle to Funston Street as provided for by Resolution No. 704 and Ordinance No. 4791. Paving and grading of Sunset Drive from Pershing Street to Funston Avenue as provided for by Resolution No. 703 and Ordinance No. 4785. Recurbing and reguttering and grading and paving of a portion of Eighth Street from Ash Street to Iron Avenue as provided for by Resolution No. 668 and Ordinance No. 4716. Recurbing and reguttering and grading and paving a portion of Eighth Street from Iron Avenue to Walnut Street as provided for by Resolution No. 671 and Ordinance No. 4716, and `4HEREAS, the total cost of said improvements has been ascertained and the total portion thereof to be paid by a general tax to be levied upon taxable property within said city for the improvement of the squares and areas formed by the crossing of streets and alleys and for the improvement of any of said streets where the same is through or adjacent to property of the city or of the federal government to be paid by the city at large as provided by law for which the city is liable and for which bonds will be issued as hereinafter provided for, has been ascertained and is hereby determined to be the sum of $6,832.54, and it is hereby found and dEtermined that the repair and general improvem.entg( funds of said city are insufficient to meet the cost and expense of such portion of any of said improvements as might otherwise be paid therefrom; and WHEREAS, that portion of the cost of said street improvements to be paid by special assessments levied upon the lots and pieces of ground liable for the payment of said street improvements has been ascertained and is hereby found and determined to be the sum of $43,138.07 which said last amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor, payable in instalLments according to law and as provided in the ordinances of said city relating thereto duly passed and approved, of which amount the sum of 68,687.30 has been paid to said city by the owners of property liable therefor, leaving a balance of said sum for which bonds will be issued in the sum of $37,540,77; and WHEREAS, the total cost of said improvements for which bonds will be issued exclusive of the amount heretofore paid in cash by the propert owners has been and is now hereby determined to be the sum of 144.,373,31; NOW THEREFORE BE IT ORDAINED by the Board of Co=, issioners of the City of Salina, Kansas: Section 1. That the forgoing preamble4be and they are hereby adopted as a part of this ordinance and that for the purpose of providing funds to pay the cost of the improvements hereinbefore�� and in the ordinances and resolutions hereinbefore referred to,,, sFd 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 $44,373,31, which shall consist of 45 bonds numbered from one to 45 inclusive, all dated May 1st 1938, which shall bear interest at the rate of two per cent per annum from and after said date until the respective maturities of said bonds, payable semi-annually, said interest to be evidenced by interest coupons as herein provided for, and said bonds shall be- come due serially in denominations as follows: No. 1 for $373.31 due May lst 1939 Nos, 23 3, 4 & 5 for $1000 each due May lst 1939 Nos. 6, 7, 8, & 9 for 01000 e9ch due May lst 1940 Nos. 10, 11, 12 and 13 for $1000 each due May lst 1941 Nos. 140 15, 16 and 17 for $1000 each due May lst 1942 Nos. 18, 19, 20 and 21 for $1000 each due May lst 1943 Nos. 22, 230 24 and 25 for $1000 each due May lst 1944 Nos, 26, 27, 280 29 and 20 for 41000 each due May lst 1945 Nos. 31, 32, 33, 34 and 35 for $1000 each due May lst 1946 Nos. 360 37, 38, 39 -and 40 for 41000 each due May lst 1947 Nos. 41, 42, 43, 44 and 45 for 41000 each due May lst 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, which f om ` coupons shall be in the provided by law and shall bear the fac- simile signatures of the Mayor and City Clerk of said city and said bonds and interest coupons shall be registered in the offices of the City Clerk and the State Auditor as required by law. Section 3. Said bonds shall be designated as Series P-118 and shall be in the XKK fnvm and shall contain recitals substantially as follows, to -wit: UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA Series P-118 No, INTERNAL IMPROVMIENT BOND KNOW ALL MIEN 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 J. with interest thereon from the date hereof at the rate of percent per annum, payable semi-annually on the first 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 inte7-est at maturity. This bond is one of a series of 45 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum of $p44,373.31 issued by the City of Salina, Kansas, for the purpose of PAying the cost of constructing certain paving, curbing, and guttering improvements in said city by the authority of and in full compliance with the provisions, restfictions and limitations of the constitution and laws of the State of Kansas, including Sections 10-101 to 10-1152 12-601 to 12-608, and 13-1012, General 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, 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 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 uTH.EREOF, 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 f ac -simile signatures of said officers, and this bond to be dated the first day of Attest: city C.Lerk -----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, i1ansas, 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, nansas, shall annually make provision of the payment of the principal and interest on said bonds as the sane become due by levying taxes and assessments upon the property liable therefor as provided by law. Sect,lon 6. This ordinance shall take effect and be in force from and after its publication in the official city paper. Introduced, May 23, 1938 Passed, May 31, 1938 ayo .-_ Attest; y er