4681 Issue Improvement Bonds P-112377
ORDINANCE N0. 4681
( Published in the Salina Journaln_
AN ORDINANCE providing for and authorizing the issuance of Improve-
ment Bonds of the City of Salina, Kansas, in the sum of $13,682.36,
to pay the cost of improving certain streets in said city, to be
designated as Series P-112•
WHEREAS, pursuant to proceedings duly had according to law, contracts
have been let and performed for the construction of the following
street improvements to said city, to -wit:
Repaving of Santa Fe Avenue from the north line of Elm
Street to the north right-of-way line of the main line
right-of-way of the Union Pacific Railroad Company, as
provided for by Resolution No. 625 and'by Ordinance No.
4554;
Recurbing and reguttering of Santa Fe Avenue from a point
130 feet south of the south line of Pine Street to the
south line of Lincoln Avenue, provided for by Resolution
No. 631, and by Ordinance No. 4557;
Paving of Tenth Street from the south line of Elm Street
to the north line of Park Street as provided for by Reso-
lution No. 629 and by Ordinance No, 4555;
WHEREAS, the total cost of said improvements (after deducting the
total amount furnished or to be furnished and paid to the City of
Salida, Kansas, by the Federal Emergency Administration of Public
Works as a grant allotment in connection with the construction of
such improvement and after deducting the amount charged to and paid
by certain Railroads for the paving of the railroad crossings across
said street and the amount chargeable to and paid by the Waterworks
Department for repaving over the water mains constructed by it in
Santa Fe Avenue at the time of each repaving) has been aseertainee
and the total portion thereof to be paid by a general tax to be
levied upon all taxable property within said city for the improve-
ment of the squared 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 and in-
cluding one-third of the remaining cost of such repaving on Santa
Fe Avenue from the north line of Elm Street to the north right-of-
way line of the main line right-of-way of the Union Jeacifie Rail-
road Company, to be paid by the City at large, as provided by law,
(the repair and general improvement funds of said city being hereby
found and determined to be insufficient to meet the cost and expense
of such portion of repaving to be paid by the city at large), for
which the city is liable and for which bonds will be issued as here-
inafter provided for, has been ascertained and is hereby determined
to be the sum of $9884.64; and
WHEREAS, the portion of said street improvements to be paid by special
assessments levied upon the lots and pieces of ground liable for pay-
ment of said street improvements has been ascertained and is hereby
found and determined to be the sum of $12,249.64 which said last
amount has been heretofore duly assessed and apportioned to the
several lots and pieces of ground liable therefor, payable in ten
equal installments according to law and as provided in the ordinances
of the City of Salina relating thereto, duly passed and approved, of
which amount the sum of $8451.92 has been paid by the owners of
property liable therefor, leaving a balance for which bonds will be
issued in the sum of $3797.72 and;
WHEREAS, the total cost of said improvements for which bonds will
be issued exclusive of the amount heretofore paid in cash by the
proerty owners has been and is now hereby determined to be the sum
of 913,683.36, 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 improvements 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 $13,682.36
which issue shall consist of 14 bonds numbered from 1 to 14 inclusive,
all dated July 1, 1936, which shall bear interest at the rate of
two percent per annum from and after said date until the respective
378
maturities of said bonds, payable semi-annually, to be evidenced by
interest coup.ms as herein provided for, and said bonds shall become
due serially in denominations as follows:
No. 1 for $682.36, due July 1, 1937
No. 2 for $1000 due July 1, 1937
No. 3 for $1000 due July 1, 1938
i
No.4 for $1000 due July 1, 1939
No. 5 for $1000 due July 1, 1940
i
No. 6 for $1000 due July 1, 1941
s
No. 7 for $1000 due July 1, 1942
No. 8 for $1000 due July 1, 1943
Nos. 9 & 10 for $1000 each due July 1, 1944
1
Nos. 11 & 12 for $1000 each due July 1, 1945
Nos. 13 & 14 for $1000 each due July 1, 1946
Section 2. Said bonds shall be signed by the Mayor and shall be
i
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-simile signatures of the Mayor and City Clerk of said city,
and said bonds shall be registered in the offices of the City Clerk
and State Auditor as required by law,
i
Section 3. Said bonds shall be designated as Series No. P-112,
and shall be in the form and shall contain recitals substantially as
follows:
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
Series P-112 No.
INTERNAL IMPROVEMENT BOND
SNOW ALL MEN BY THESE PRESENTS, That the City of Salina in the
County of Saline, State of Kansas, acknowledges itseltk 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 July, 19 , with interest thereon from the date hereof at the
rate of percent per annum, payable
semi-annually on the first days of July and January 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 14 bonds of like date and
tenor, excepting denomination and maturity, aggregating the prin-
cipal sum of $13,682.36 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, restrictions and
limitations of the constitution and lags of the State of Kansas,
including Sections 10-101 to 10-115, 12-601 to 12-608, and 13-1012,
Revised Statutes of Kansas 1923 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
indebtedness 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 July, 1936,
Attest: Mayor
ityCClerk
380
Section 4e 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 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, 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 and assessments upoin
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, September 14th, 1936
Passed., September 21st, 1936
F. C. Peters
Attest: Mayor
Chas. Eo Banker
My Clerk
STATE OF KANSAS )
) SS
COUNTY OF SALINE )
Is Chas, Eo 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. 4681 passed and approved by the Board of Corakissioners
of the City of Salina September 21st, 19 6; and a record of the vote
on its final adoption is found on page 6% Journal No. 14
C1 y Cleric
(Published in the Salina Journal Jdl 1936)
ORDINANCE) NO. 4681
AN ORDINANCE providing for and authorizing the issuance of Improve-
ment Bonds of the City of Salina, Kansas, in the sum of
$13,682.36, to pay the cost of improving certain streets
in said city, to be designated as Series P-112.
WHEREAS, pursuant to proceedings duly had according to law, con-
tracts have been let and performed for the construction of the
following street improvements to said city, to -wit:
Repaving of Santa Fe Avenue from the north line of Elm
Street to the north right-of-way line of the main line
right-of-way of the Union Pacific Railroad Company, as
provided for by Resolution No. 625 and by Ordinance No.
4554
Recurbing and reguttering of Santa Fe Avenue from a point
130 feet south of the south line of Pine Street to the
south line of Lincoln Avenue, provided for by Resolution
No. 631, and by Ordinance No. 4557
Paving of Tenth Street from the sout# line of Elm Street
to the north line of Park Street as provided for by Reso-
lution No. 629 and by Ordinance No, 45556] �.dl
WHEREAS, the total cost of said improvements (after deducting
the total amount furnished or to be furnished and paid to the
City of Salina, Kansas, by the Federal Emergency Administration
of Public Works as a grant allotment in connection with the con-
struction of such improvement and after deducting the amount
charged to and paid by certain Railroads for the paving of the
railroad crossings across said street and the amount chargeable
to and paid by the Waterworks Department for repaving over the
water mains constructed by it in Santa Fe Avdnue at the time of
ea ch repaving) has been ascertained and the total portion thereof
to be paid by a general tax to be levied upon all taxable property
within said city for the improvement of the squareeV-- and areas
formed by the crossing of streets and alleys and for the improve-
ment of any of said streets where the same Is through or adjacent
to property of the city and including one-third of the remaining
cost of such repaving on Santa Fe Avenue from the north line of
Elm Street to the north right-of-way line of the main line right-
of-way of the Union Pacific Railroad Company, to be paid by the
City at large, as provided by law, (the repair and general improve-
ment funds of said city being hereby found and determined to be in-
sufficient to meet the cost.and expense of such portion of repaving
to be paid by the city at large), for which the city is liable and
for whit# bonds will be issued as hereinafter provided for, has been
ascertained and is hereby determined to be the sum of $9884.64; and
WHEREAS, the portion of said street improvements to be paid by special
assessments levied upon the lots and pieces of ground liable for pay-
ment of said street improvements has been ascertained and is hereby
found and determined to be the sum of 412,249.64 which said last amount
has been heretofore duly assessed and apportioned to the several lots
and pieces of ground liable therefor, payable in ten equal installments
according to law and as provided in the ordinances of the City of Salina
relating thereto, duly passed and approved, of which amopnt the sum of
$8451.92 has been paid by the owners of property liable therefor, leav-
ing a balance for which bonds will be issued in the sum of $3797.72 and;
'.':1HEREAS, the total cost of said improve -1 -lents for wrhi ch ronds will
be issued exclusive of the amount heretofore paid in t,94 hby the
property o,,mers has been and is now hereby determined to be the
suin of ;1313$633e36$ ,017 ril-PTIEREFURE
BE IT ORDAIi:;M by the Board of Co.-uMissioners of the City of Sal-ina.,
Kansas:
Section 1. '-khat for the purpose of providing funds to pay
the cost of improvements hereinbefore described, there s"zall be
issued and there hereby are issued Internal Improvement 3onds of
the City of Salina, nansas, in the total principal sum of 913,6fi2.'>6
which issue shall consist of 14 bonds numbered from 1 to 14 inclasive,
all dated July 1, 1936, which shall bear interest at the rate of
Two per cent per annum from and after said
date =til the respective mat.zrities of said bonds, payable semi-
annually, to be evidenced by interest coupons as herein provided
for, and said bonds shall b ecorae due serially in denominations as
follows
No. 1 for $682135, 'ue �il�J 1, 1937
TTo..2 for 01000 due July 1, 1937
No. 3 for yn1000 due July 1, 1938
No.4 for `.;1000 due July 1, 1939
-1o. 5 for x`1000 due July 1, 1940
,To. 6 for <,;1000 due July 1, 1941
o. 7 f or 5;,1000 due July 1, 1942
..o. 8 -L'o.r ;1000 due July 1, 1943
1TOS . 9 10 for ;2,1000 due Jul; 1, 1944
�0.
I\Tos. 11 4. 12 or :;1000,, due Jul; 1, 1945
STos . 13 14 for p1000,� cue July 1, 1946
Section 2. Said bonds shall be sir - I
ned by the ,:ayor and shall
be attested by the siCnature of the City Clerk, and the corporate
seal of the City shall be affixed t.ereto. Said bonds shall _;ave
attached thereto interest coup .ns represent inc,., theInterest t'l-.ereon
and said interest cour)ons shall be in the form provided by lair, and
shall bear the fac-simile sir -natures of the T.Tayor and City Clor. k- of
said city, and said bonds shall be registered in the offices of the
City Clerk and State Auditor as required by law.
Section 3. Said bonds shall be designated as Series No. P-112, and
shall e 17n the form and shall contain recitals substantially as
follows:
T17 ITER STATES OF AI':EERICA
STATS 0" ! hSAS
COUNTY OF SALIhI>
CITY 01�' S.&LIi A
Series P-112 No.,
IlrV-ERIIAL Ii.`P .OVE1`: hTT _OIC
KNOW ALL 1UM BY UEE6E PRM3EI TS, 'That the City of Salina, in
the County of Sal_f_n&, State of Ke"sas, aclmowledges itself to be
indebted and for value received hereby promises to pay to the
bearer the su* of
Dollars
in lativful money of the United States of 1 merica, on the first day
of July, 19 , with interest thereon from the date hereof at
the rate; ofper ereent a4nuti
P 1 s payable
semi-annually on the'frst days of July and January 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 and beim; payable at the office of the State Treasurer of
the State of Hansas, in the City of Topeka, Kansas. And said City
of Salina, Kansas, is _eld 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 14 bonds of like date and
tenor, excepting denomination and rmturity, aggregating fhe prin-
cipal sum of A3,682L.36 issued b -r the City of balina, 1iansas, for
the purpose of paying the cost of constructing certain paring,
curbing and guttering is -,provernents in said city by the authority
of and in full coripliance with tI-1e pro�risi ons, r astrictions and
limitations of the constitution and laws of the State of Kansas,
including Sections 10-101 to 10-115, 12-601 to 1.2-608, and 13-:1012,
Revised Statutes of iansas 1923 as amended, and all other provisions
fr 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 'gave been properly done and performed
and do exist in due and regular fora and Lmnner as required by the
Constitution and laws of the State of Kansas, and t'1aat the total
indebtedness of said city, including this series of bonds, does not
exceed any constitutional or statutory limitation.
Ii,I 7I`�IIESS ';,is ?PR OF, the said Uity 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 E�ith the fac-simile signatures of said
officers, and this bond to be dated the first day of July, 1936.
Attest: Eyor
City Clark
Section 4, The Mayor and City Clerk are hereby authorized
and directed to prepare and execute the bonds hereinbefore des -
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.
Section 5. '17ie fall faith, credit and reoourees of the
City of Galina, j'ansas, shall be, and the same are hereby
irrevocably pledged for the prompt payment of said bonds and
all interest thereon. 'lite Board of Cormiissioners of the City
of Galina, s'ansas, shall annually make provision of the paynent
of the principal and interest on said bonds as the same become
due by levying taxes and assessments up n the property liable
therefor as provided by lair.
Section 6. This ordinance shall take effect and be _n force
from and after its r-ublication in the official city paper.
Introduced, September 14th, 1936
Passed, September 21st, 1956
"/ , (!r (�
Attest: Mayor
r
as. E. an cer