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4299 Issue Improvement BondsL�416b ORDINANCE NO* 4299 ', (Published in the Salina Journal 193.3) AN ORDINANCE authorizing and providing for the issuance of Imrove- ment Bonds of the City of Salina, Kansas in the sun of 13292.01 to, pay the cost of constructing a certain storm sewer in said city, WHEREAS., pursuant to proceedings duly had according to law a contract has been lot and performed for the construction of certain Improve- ments in the City of Salina, Kansas, to -wit: Storm Sewer No. 11-A, as provided for by Ordinance No, 4259s and WHEREAS, the total cost of said improvement has been ascertained according to the final estimates of cost prepared by the City Engineer and duly filed in the office of the City Clerk, which estimates have been duly approved by the Board of Commissioners of the City of Salina, Kansas, the total cost of such storm sewer, so ascertained, being hereby determined and found to be the sum of $3292,01 for which bonds shall be issued as hereinafter provided* 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 hereby are issued Internal Improvement Bonds of the City of Salina, Kansas in the total sum of $3292,01,, which issue shall consist of 10 bonds numbered from I to 10 inclusive, all dated September 1st, 1933, and which shall become due serially In denominations as follows: No. I for $592,01 due September 1st, 1934; Woo. 2 to 10 iftclusives for $300,00 each, due respectively on September 1st of each year from 1935 to 1943, inclusive, All of said bonds shall bear interest at the rate of 4 per cent per annum from and after the first day of September 1933, payable semi-annually on March 1st and September 1st in each year until the respective maturities of such bonds, and until they are paid in full* Section 2. Said bonds shall be executed by the Mayor and shall be attested by the City Clerks 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 cityp 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 in the form and shall contain recitals substantially as follows: UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA N0, INTERNAL IMPROVEMENT BOND KNOW ALL MEN BY THESE PRESENTS, That the City of Salina, in the County of Saline, S. -ate 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_x, 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 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 10 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum of $3292.01, issued by the City of Salina, Kansas, for the purpose of paving 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 SJ.ate of Kansas, including Sections 12-617 to 12-616 of the Revised Statutes of Kansas 1923, 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: My Clerk to Sgation, 4s 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, on receipt of the purchase price. Section 5. The full faith, credit and resources of the i City of Salina, Kansas, shall be, and the same are hereby irrevocably pledged for the prompt payment of said bonds and i all interest thereon. The Board of Commissioners of the City of Salina, Kansas, shall annually make provisions 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* Sec�ti_on 6: This ordinance shall take effect and be In force from and after its publication in the official city paper. Introduced, A_agust 7, 1933 Passed, August 15, 1933 M. A, Stevenson Mayor i Attest: Chas, E. Banker Cify- Clark 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, 4299 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 i(.i Journal No. 13. cityE;Ierjc (P,ablished in the Salina Journal C-����,�.-�� i;'' ~1933) ORDINANCE NO, 4299 AN ORDINANCE authorizing and providing for the issuance of Improve- ment Bonds of the City of Salina, Kansas in the sum of $3292.01 to pay the cost of constructing a certain storm sewer in said city. WHEREAS, pursuant to proceedings duly had according to law a contract has been let and performed for the construction of certain improve- ments in the City of Salina, Kansas, to -wit: Storm Sewer No. 11-A, as provided for by Ordinance No. 4259, and WHEREAS, the total cost of said improvement has been ascertained according to the final estimates of cost prepared by the City Engineer and duly filed in the office of the City Clerk, which estimates have been duly approved by the Board of Commissioners of the City of Salina, Kansas, the total cost of such storm sewer, so ascertained, being hereby determined and found to be the sum of $3292.01 for which bonds shall be issued as hereinafter provided. 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 hereby are issued Internal Improvement Bonds of the City of Salina, Kansas in the total sum of $3292.013, which issue shall consist of 10 bonds numbered from 1 to 10 inclusive, all dated September 1st, 1933, and which shall become due serially in denominations as follows: No. 1 for $592.01 due September 1st, 1934; Nos. 2 to 10 inclusive, for $300.00 each, due respectively on September lst of each year from 1935 to 1943, inclusive. All of said bonds shall bear interest at the rate of 4 per cent per annum from and after the first day of September 1933, payable semi-annually on March 1st and September 1st in each year until the respective maturities of such bonds, and until they are paid in full. Section 2. Said bonds shall be executed by the Mayor and shall be attested by the City Clerk, and the corporate seal of the City shall be affixed thereto. Said bonds shall have attached hereto interest coupnns representing the interest thereon and said interest coupons shall be in the form provided by law and shall bear the fac-simile signatures of the Mayor and City Clerk of said city, and said bonds shall be registered in the offices of the City Clerk and State Auditor as required by law. Section 3. Said bonds shall be in the form and shall contain recitals substantially as follows: W. UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA No. INTERNAL IMPROVEMENT BOND KNOW ALL MEN BY THESE PRESENTS, That the City of Salina, in the County of Saline$ 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 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 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 10 bonds of like date and tenor, excepting denomination and maturity, aggregating; the principal sum of $3292.01, issued by the City of Salina, Kansas, for the purpose of paving the cost of constructing certain stormsawers 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 12-617 to 12-618 of the R vised Statutes of Kansas 1923, 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 Constiti..tion 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 Selina, 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 Clergy; and the coupons hereto attached to be sided with the fac-simile signatures of said officers, and this bond to be dated this first day of September 1933. Attest: City Clerk ( FORM OF COUPON) No. 0 the First day of 193 , the City o� Salina, Kansas, will pay bearer Dollars and cents, lawful money of the United States of America., at the office of the State Treasurer, Topeka, Kansas, being six months interest on its Internal Improve- ment Bond, dated September lstl.1933. No. Attest: (Fac -simile) City Clerk STATE OF KANSAS ) ) SS COUNTY OF SALINE ) Qfac-simile) Mayor — (d`ate City of Salina Kansas I, Chas. E. Banker, City Clerk of tho City of Salina, Kansas, hereby certify that the within Internal Improvement Bond of the City of Salina, Kansas, has been duly registered in my office according to law. WITNESS my hand and official seal this City Clerk O':'FICE OF AUDITOR OF 1HE STATE OF KANSAS I, Will J. French, Auditor of the State of Kansas, do hereby certify that a transcript of the proceedings leading up the issuance of this bond has been filed in my office and that this bond was registered in my office according to law this +JdI `iTIESS 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 the purchaser or purchasers thereof, on receipt of the purchase price. 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 provisions 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. Th --'s ordinance shall take effect and be in force from and after its publication in the official city paper. Introduced, August 7, 1933 Passed, August 15, 1933 (SEAL) 'MayOr Attest: r�ej City Clerk