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4871 Improvement Bonds4,10 ORDINANCE NO. 4871 (Published in the Salina Journal 1938) AN ORDINANCE providing for and authorizing the issuance of Improvement Bonds of the City of Salina, Kansas in the sum of X7,310.04 to pay the cost of constructing certain lateral sanitary sewers in the City of Salina, Kansas which bonds shall be de§ignated as Series S-119. WHEREAS, pursuant to proceedings duly had according to law certain lateral sanitary sewers have been constructed in the City of Salina, Kansas, in certain lateral sanitary sewer districts as follows: No. 167 as authorized by Ordinance No. 4212 No. 168 as authorized by Ordinance No. 4312 No. 169 as authorized by Ordinance No. 4458 No. 170 as authorized by Ordinance No. 4475 No. 171 as authorized by Ordinance No. 4479 No. 178 as authorized by Ordinance No. 4650 No. 173 as authorized by Ordinance No. 4650 No. 154 as authorized by Ordinance No. 4761- No. 761No. 156 as authorized by Ordinance No. 4792- No. 792No. 174 as authorized by Ordinance No. 4761; and WHEREAS, the total cost of said lateral sanitary sewers constructed in the sewer districts above mentioned and to be paid by special assess- ments levied upon lots and piecds of ground liable for the payment of said lateral sanitary servers in the lateral sanitary sewer districts above ment-oned has been ascertained and is hereby found and determined to be the sum of X7,9£39.04 which amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor according to law and as provided for in the ordinances of the City of Salina relating thereto, of which amount the sum of w679.00 has been paid by the owners of property liable therefor, leaving a balance for which funds will be issued in the sum of 07,310.04, NOW THEREFORE BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That the foregoing preambles are hereby adopted and made a part of this ordinance and that for the purpose of providing funds to pay the cost of the improvements hereinbefore 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 w7,310.04 which issue shall consist of 15 bonds numbered from one to 15 inclusive, all dated May 1st, 1938, which shall bear interest at the late of two 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: No. 1 for $310.04 due May lst, 1939 No. 2 for 0500 due May 1st, 1939 No..3 for X500 due May lst, 1940 No. 4 for yq'500 due May lst, 1941 No. 5 for `,'500 due May lst, 1942 No. 6 for $500 due May 1st, 1943 No. 7 for X500 due May 1st, 1944 Nos. 8 and 9 for ti 500 each due May 1st, 1945 Nos. 10 and 11 for $500 each due May lst, 1946 Nos. 12 and 13 for 0500 each due May 1st, 1947 Nos. 14 and 15 for q"p500 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 i seal of the city shall be affixed thereto, said bonds shall have i j attached thereto interest coupons representing the interest thereon, which coupons shall be in the form provided by law and shall bear the f ac -simile signatures of the Mayor and City Clerk of said city 1 and said bonds and interest coupons shall be registered in the offices of the City Clerk and the State Auditor is required by law. Section 3. Said bonds shall be designated as Series S-119 and shall be in the form and shall contain recitals substantially as follows, to -wit: i 4_fi t1 UNITED STATE OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA Series S-119 INTERNAL IYPROVEXENT BOND No, 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 proml.ses 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 per cent 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 interest at maturity. This bond is one of a series of 15 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum Of w7,310.04 issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing certain lateral sani-L.ary 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 10-101 to 10-115 and Sections 12-617 to 12-6291. 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 re; -Molar 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 ""ITNESS 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 f ac --simile signatures of said officers, and this bond to be dated the .first day of 1938 Attest; —C iXy C3 e r layor i 1 ii Ii 16 Section 4. The Ilayor and City Clerk are herebj authorized and directed to prepare and execute the bonds hereinbefore described 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, iLa.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, 11-ansas, shall annually make provisions of the payment of the principal and interest on said bonds as the same become due by levying F taxes and assessments upon the property liable therefor as pro- vided by law. Section 6. This ordinance shall take effect and be in force from and after its publication in the official city paper. e d Introduced May 23, 1938 Passed, May 31, 1938 Ed 11orgenstern alayor I Attest: Chas. E. Banker City ClerTE i ! STATE OF KANSAS ) SS C OUI�7TY 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. 4871 passed and approved by the Board of Commissioners i of the City of Salina May 31, 1938; and a record of its vote do its final adoption is foun on page Journal No. 14. 1� City Clerk (Published in the Salina Journal z -C / 1' 38) l ORDINANCE NO. 4871 AN ORDINANCE providing for and authorizing the iasuance of Improve- ment Bonds of the City of Salina, Kansas in the sum of $7,310.04 to bm!�- pay the cost of constructing certain lateral sanitary sewers in the City of Salina, Kansas which bonds shall be designated as Series S -11J. 1HEREAS, pursuant to proceedings duly had according to law certain lateral sanitary sewers have been consff'ucted in the City of Salina, Kansas, in certain lateral sanitary sewer districts as :follows: No. 167 as authorized by Ordinance No. 4212 No. 168 as authorized by Ordinance No. 4312 No. 169 as authorized by Ordinance No. 4458 No. 170 as authorized by Ordinance No. 4475 No. 171 as authorized by Ordinance No. 4479 No. 172 as authorized by Ordinance No. 4650 No. 173 as authorized by Ordinance No. 4650 No. 154 as authorized by Ordinance No. 4761 No. 156 as authorized by Ordinance No. 4792 No. 174 as authorized by Ordinance No. 4761, and 111HEREAS, the total cost of said lateral sanitary sewer6constructed in the sewer districts above mentioned and to be paid by special assessmentslevied upon lots and pieces of ground liable for the payment of said lateral sanitary sewers in the lateral sanitary sewer districts above mentioned has been ascertained and is here- by found and determined to be the sum of $7,989_.04 which amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor according to law and as provided for in the ordinances of the City of Salina relating thereto, of which amount the sum of $679.00 has been paid by the owners of property liable therefor, leaving a balance for which funds will be issued in the sum of $7,310.04, NOVI THEREFORE BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That the foregoing preamblesare hereby adopted and made a part,,. of this ordinance and that for the purpose of providing funds to pay the cost of the im�r ovements hereinbefore 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 $7,.310.04 which issue shall consist of 15 bonds numbered from one to 15 inclusive, all dated May 1st 1938, which shall bear interest at the rate of two 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: No. 1 for $310.04 due May lst 1939 No. 2 for $500 due May lst 1939 No. 3 for $500 due May lst 1940 No. 4 for $500 due May lst 1941 No. 5 for $500 due May lst 1942 No. 6 for $500 due May lst 1943 No. 7 for $500 due May lst 1944 Nos. 8 and 9 for $500 each due May lst 1945 Nos. 10 and 11 for $500 each due May lst 1946 Nos. 1.2 and 13 for $500 _each due May lst 1947 Nos. 14 and 15 for $500 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 therE;on, which form coupons shall be in the provided by law and shall bear the,f ac- sinile signatures of the Mayor and City Clerk of said city and said bonds and interest coupons shalt be registered in the offices of the City Clerk and the State Auditor is required by law. Section 3. Said bonds shall be designated hs Series S-119 and shall be in the form and shall contain recitals substantially as follows, to -wits UNITED STATES OF APIERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA 6 Series S-119 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 first day of , with interest thereon from the date hereof at the eate 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 interest at maturity. This bond is one of a series of 15 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum of $7,310.04 issued by the City of Salina, Kansas, :for the purpose of paying the cost of constructing certain lateral sanitary 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 10-101 to 10-115 and Sections 12-617 to 12-629,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 dond 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 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 couprn s hereto attached to be signed with the fac-simile signatures of said officers, and this bond to be dated the first day of Attest: Mayor Section 4, The Mayor and City Clerk are hereby authorized and directed to prepare and execute the bonds hereinbefore described and to advertise and sell the same in the manner provded 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 :P_E411 bonds as the same become due by levying taxes and assessments upon the property liable therefor as pro- �''+� - vided by law. Section 6. This ordinance shall take effect and be in force from and after its publication in the official city paper. Introduced, Passed, Attest: City Clerk May ,23 , 1938 May 310 1938 Mayor-- - /_