4298 Issue Improvement BondsN
ORDINANCE N0. 4298
(Published in the Salina Journal 1933)
AN ORDINANCE providing for and authorizing the issuance of Improvement
Bonds of the City of Salina, Kansas, in the sum of $28,050.35,
to pay the cost of improving certain streets in said city.
WHEREAS, pursuant to proceedings duly had according to law, contracts
have been let and performed for the construction of the follow-
ing street improvements in said city, to -wit:
Repaving of Santa Fe Avenue from the north line of Elm
Street to the south line of Walnut Street as provided
for by Resolution No. 554 and by Ordinance No. 4835;
Recurbing of Santa Fe Avenue from the north line of Ash
Street to the south line of Walnut Street, as provided
for by Resolution No. 555 and by Ordinance No, 4326;
Recurbing of Santa Fe Avenue from the north line of
Ash Street to the north line of Elm Street, as provided
for by Resolution No. 557 and by Ordinance No. 4246; 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 all taxable property within said city for the improve-
ment of 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 and including
one-third of the remaining cost of such repaving on Santa Fe
Avenue between the north line of Elm Street and the south line
of Walnut Street, (the repair and general improvement fund of
said city being hereby found and determined to be insufficient
to meet the cost and expense of such repaving) for which the city
is liable and for which bonds will be issued as hereinafter pro-
vided, has been ascertained and is hereby determined to be the
sum of $15,597.00; and
WHEREAS, the portion of said street improvements to be paid by
special assessments levied upon the lots and pieces of ground
liable for payment of said street improvements has been ascertained
and is hereby found and determined to be the sum of $17,562.72,
which said last amount has been heretofore duly assessed and
apportioned to the several lots and pieces of ground liable there-
for, payable in ten equal installments according to law and as
provided in the ordinance of the City of Salina relating thereto,
duly passed and approved, of which amount the sum of $5,109.37
has been paid by the owners of property liable therefor leaving
a balance for whicoL bonds will be issued in the sum of $12,453.35,
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 128,050.35, NOW THEREFORE
BE IT ORDAINED by the Board of Commissioners of the City of Salina,
Kansas:
Sectio, n 1. 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 Improvement Bonds
of the City of Salina, Kansas, in the total principal sum of
$28,050.35 which issue shall consist of ten bonds numbered from
1 to 29 inclusive, all dated September 1st, 1934, which shall be-
come due serially in denominations as follows:
R
i
No. 1 for $50.35 due September let, 1934
Nos. 2 and 3 for $1000 each, due September lots 1934
Nos. 4 and 5 for $1000 each, due September lot, 1935
Nos, 6, 7 and 8 for $1000 each, due September lot, 1936
Nos, 9, 10 and 11 for $1000 each, due September 1st, 1937
Nos, 120 13 and 14 for $1000 each, due September lot, 1938
Nos, 15, 16 and 17 for $1000 each, due September lots 1939
Nos, 18, 19 and 20 for $1000 each, due September let, 1940
Nos, 21, 22 and 23 for $1000 each, due September lot, 1941
Nos, 24, 25 and 26 for $1000 each, due September let, 1942
Nos, 279, 28 and 29 for $1000 each, due September lets 1943
All of said bonds shall bear interest at the rate of 4% per annums
payable semi-annually on March let and September let in each year.
Section 2. Said bonds shall be executed by the Mayor and
shall be attested by the City Clerk, and the corporate seal of
the City shall be affixed thereto. Said bonds shall have attached
hereto 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
and State Auditor as required by law.
Sectio Said bonds shall be in the form and shall contain
recitals substantially as follows:
Lll
Noe
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
ind6lpted and for value received hereby promises to.pay to the
bearer the sum of
Dollars
in lawful money of the United Sates of America, on the first day
of September 19 , with interest thereon from the date hereof
at the rate of lour per cent (4%) per annum, payable semi-annually
on the first days of March and September 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 29 bonds of like date and tenor,
excepting denomination and maturity, aggregating the principal sum
of $28,050.35 issued by the City of Salina, Kansas, for the purpose
of paying the cost of constructing certain storm 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 Section 12-608 Revised Statutes of Kansas
1923, and Sections 12-602 and 13-1012 Revised Statutes Supplement
19310 and all amendments thereof, 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 this first day of September 1933,
Mayor
Attest:
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 theurchaser or
p 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 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.
I
Introduced, August 7, 1933
Passed, August 15, 1933
a
r M. A. Stevenson
mayor
Attest:
Chas. E. Banker
C y C er
I
STATE OF KANSAS )
SS
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. 4298 passed and approved by the Board of Com-
missioners of the City of Salina, August 15, 1933; and a record of
the vote on its final adoption is found on page /4 Journal No. 13.
ark
(Pblished in the Salina Journal
ORDINANCE 110. 4298
A' ORJI.J AN CE providing for and authorizing the issuance of Improve-
ment Bonds of the City of Salina, Kansas, in the sum of
$28,050.35, to pay the cost of improving certain streets
i n said city.
WHEREAS, 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, to -wit:
Repaving of Santa Fe Avenue from the north line of Elm
Street to the south line of Walnut Street as provided
for by Resolution No. 554 and by Ordinance No, 4235;
Reeurbing of Santa Fe Avenue from the north line of Ash
Street to the south line of Walnut Street, as provided
for by Resolution No. 555 and by Ordinance No. 4326;
Ink
Recurbing of Santa Fe Avenue from the north line of
Ash Street to the north line of Elm Street, as provided
for by Resolution No. 557 and by Ordinance No. 4246; and
7 HT.��IsAS, 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 all taxable property within said city for the improve-
ment of squares and areas formed by the crossing of streets and
alle, s and for the improvement 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 between the north line of Elm Street and the south line
of Walnut Street, ( the repair and general ir-provement fund of
said city being hereby found and determined to be insu".-Picient
to meet the cost and expense of such repaving) for which the city
is liable and for which bonds will be issued as hereinafter pro-
vided, has been ascertained and is hereby determined to be the
sum of ."15, 597.00; and
'NHEREAS, the portion of said street improvements to be paid by
special assessments levied upon the lots and pieces of ground
liable for payment of said street improvements has been ascerta-i"ned
and is hereby found and determined to be the sum of 17 562,72
which said last amount has been heretofore duly assessed and
apportioned to the several lots and pieces of -;round liable there-
for., payable in ten equal installments a cording to law and as
provided in the ordinance of the City of Salina relating thereto,
duly passed and approved, of which amount ,the .sum of $5,109.37
has been. paid b,r the owners of property liable therefor leaving
a balance for which bonds will be issued in the sum of $12,453.35,
and;
VJHJR:CAS, 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 w28,050.35, 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 the 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
x28,050.35 which issue shall consist of ten bonds numbered from
1 to 29 inclusive, all dated September 1st, 1934, which shall be-
come due serially in denominations as follows:
No. 1 for $50.35 due September lot, 1934
Nos. 2 and 3 for $1000 each,due September lot, 1934
Nos. 4 and 5 for $1000 each, due September lot, 1935
Nos, 6, 7 and 8 for $1000 each, due September lot, 1936
Nos, 9, 10 and 11 for $1000 each, due September lot, 1937
Nos, 12, 13 and 14 for X1000 each, due September lot, 1938
Nos, 15, 16 and 17 for $1000 each, due September lot, 1939
Nos, 18, 19 and 20 for X1000 each, due September lot, 1940
Nos, 21, 22 and 23 for $1000 each, due September 1st, 1941
Nos.
24,
25
and
26
for
;1000
each,
due
September
lot,
1942
Nos,
27,
28
and
29
for
X1000
each,
due
September
lst,
1943
All of said bonds shall bear interest at the rate of 4% per annum,
payable semi-annually on March lot and September 1st in each year.
Section 2. Said bonds shall be executed by the Mayor and
shall be attested by the City Clerk, and the corporate seal of
the City shall be affixed thereto. Said bonds shall have attached
hereto interest coupons representing the interest thereon and said
interest 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, and said bonds shall be re^�istered in the offices of the City
and State Auditor as required by law.
Section 3. Said bonds shall be in the form and shall contain
recitals substantially as follows:
TiJNITED SgAT+S OF AMERICA
STAIE OF KANSAS
COI,gITY OF SALINE
CIaY OF SALINA
INTEIRNAL 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 September 19 J. with interest thereon from the date hereof at
the rate of four per cent (-4%) per annum, payable semi-annually on
the first days of Le.
meh and Stember in each year, on presentation
and surrender of thd`- erest""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 th.e 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 29 bonds of like date and tenor,
excepting denomination and maturity, aggregating the principal sum
of 8;050) 35 issued by the City of Salina, Kansas, for the purpose
of paying the cost of constructing certain s-t-erm--sewer-s 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 Section:�112-6 8 Devised Stat -at -es of Kansas X
1523, -and Seelons"32-602 and 13-1012 Revised Statutes Supplement
--and all -amendments thereof, 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 `,!I`iUESS 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 b e 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 th first day of Sr8pteraber' 193is
Attest:
City Clark
Mayor
(FORM 0 F COUPON)
No. On the First day of 193 , the City )
of Salina, Kansas, will pay aTearer )
Dollars and cents, lawful money )
of the UnitedStates of America, at the office )
of the State Treasurer, Topeka, Kansas, being )
six months interest on its Internal Improve- )-7 a e
went Bond, dated Zepteffil?er; lst .19351 No. )
City of
Salina
Kansas
Attest: )
(Fac -simile) (fac-simile) )
T n )
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — r
STAGE Or' KANSAS )
SS
COUNTY OF SALINE )
I. Chas. E. Banker, City Clerk of the City of Salina, Kansas,
hereby certify that the within Inte nal Improvement Bond of the City
of Salina, Kansas, has been duly registered in my office according to
law.
�ulil�SS my hand and o`ficial seal this
City Clark
O'.'FICE OF AUDITOR OF = STATE OF KANSAS
I, Will J. French, Auditor of the State of Kansas, do hereby
certify that a transcript of the proceedings leading up thgissuance
of this bond has been filed in my office and that this bon was
re_astered in my office according to law this u
WITNESS my hand and official seal.
Auditor of State
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 thepurchaser or purchasers thereof.
Section 5, The full faith, cream anu re�Uu1*UUU V1 ULIK,
City of Salina, Kansas, shall be, and the same are Hereby
irrevocably pledged for the prompt payment of said bonds and
aii ;ni-arnst 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 upon the property liable
therefor as provided by law.
Section 6. This orUinance snai i. zaKe ei 1 eu u uilu k- 111
force from and after its publication in the official city paper
Introduced, August 7, 1933
Passed, August 15, 1933
( SEAL)
Mayor -
Attest:
C7i-ty Clerk
ler k