4347 Issue Relief Highway Bonds126
ORDINANCE NO. 4347
�uhlished it tom_ Sal3nA1 nal - _�
i
AN ORDINANCE providing for the issuance of "Relief Highway Bonds" of
the City of Salina, Kansas, in the amount of $25,000.00 under
the authority of Chapter 94 of the Laws of Kansas, Special Session,
1933, and providing for the sale of said bonds; the manner of which
the proceeds thereof shall be used, and the method of retiring such I
bonds.
WHEREAS, pursuant to the provisions of Chapter 94 of the Laws of Kansas,
Special Session, 1933, (House Bill No. 49) the Board of County Commissioners;
of Saline County, Kansas, did at a regular session of said Board of Com-
missioners, duly held on December 13, 1933, duly adopt a resolution as
contemplated by Section 1 of said Act by which 35 per cent of the county
and township road fund derived from special taxes on motor vehicles and
on motor fuels as provided for in sub -section 2 of Section 1 of Chapter
241, Laws of Kansas 1933, and amendments thereto, has been set aside to
be used for road and highway purposes in the construction, maintenance
and operation of County roads and township roads and city streets,
avenues or boulevards, by the county or city respectively, or to pay for
bonds and interest thereon issued for such purpose, as provided for in
said Act, and subject to all of the provisions of restriction thereof,
true and correct copies of which resolution duly certified by the County
Clerk of said county have been duly filed in the office of the City Clerk
of the City of Salina, and of the State Treasurer of the State of Kansas, j
and of the Auditor of the State of Kansas; and
-WHEREAS, the county and township road fund of Saline County derived
from the source provided for in said sub -section 2 of Section 1 of
Chapter 241, Laws of Kansas, 1933, as amended, based on the present
assessed valuation of said county, is $54,108.08 per year, and the
35 per cent of suc)a fund set aside to be used for road and highway
purposes as contemplated by said Chapter 94 of the Laws of Kansas
Special Session, 1933, (House Bill No. 49) by reason of the resolution
aforesaid, will amount to $18,937.82 per ,year, based on the present
assessed valuation of said county; and
WHEREAS, the population of Saline County, Kansas as determined by the
federal census of 190 was 29,337 and the population of the City of
Salina, a city of the first class in Saline County, Kansas, as determined
by said federal census of 1930 was 20,155 or 68.7 per cent of the total
population of said county, by reason of which as provided for in Section
1 of said Chapter 94 Laws of Kansas, Sgecial Session 1933, (House Bill
No. 49) 68.7 per cent of said sum of $18.0937.82 or a sum of w13,010.28
per year (based on the present assessed valuation of said county) will
be apportioned to the City of Salina by the State Treasurer of the State
of Kansas and distributed to the City of Salina or held by the State
Treasurer to pay bonds and interest in the event bonds are issued by the
City of Salina as contemplated by said Act; and
t;Jfi'�.R'AS, the Board of Commissioners of the City of Salina, its governing
body, have determined and do now determine that it will be for the best
interest of said city and of those for whose benefit said Act was passed
by the legislature of the State of Kansas, and who are on the relief rolls
and who are able to and will work on the construction, maintenance and
operation of streets and avenues in the City of Salina, that bonds in the
total principal sum of 5p25,000.00 to bear interest at the rate of 4-1/4
per cent per annum, payable semi-annually, be issued in anticipation of
the sums to be set aside and apportioned to the City of Salina as afore-
said for such purposes, the amount of which bonds and all interest to
accrue thereon will not exceed the total estimated amount to be set aside
and apportioned to the City of Salina during a period of six years as pro-
vided for in said Act; NOVi' UIERT 0RE
BE IT ORDI',INED by the Board of Commissioners of the City of Salina,
Kansas:
Section 1. That all of the foregoing preambles to this ordinance
be adopted and considered to be a part of this ordinance.
Section 2. That the City of Salina, Kansas shall issue its bonds
in the amount of X259000.00 which shall be known as "Relief Highway
Bonds" and which shall be dated January lst, 1934 and shall bear interest
at the rate of 4-1/4 per cent per annum, payable semi-annually on the
first days of July and January each ,year from date of issue to date of
the respective maturities of said bonds, which interest shall be evidenced
127
by interest coupons annexed thereto as hereinafter provided, and
said bonds shall be numbered from one to 25 inclusive, shall be
in denominations of $1000.00 each, and shall mature as follows:
No. 1 to 4 inclusive to mature January 13, 1935
No. 5 to 8 inclusive to mature January 19 1936
No. 9 to 12 inclusive to mature January 1, 1937
No. 13 to 16 inclusive to mature January 1, 1938
No. 17 to 20 inclusive to mature January 1, 1939
No. 21 to 25 inclusive to mature January 1, 1940
Section 3. Said bonds shall be issued under the provisions
and authority of Chapter 94 Laws of Kansas, Special Session, 1933,
(House Bill No. 49) for the purpose of creating a fund to be known
as the "Relief Highway Fund" and said bonds shall be sold in the
manner provided for by law and the proceeds of such bonds and
any money received from the State Treasurer by reason of said
Act of the legislature shall be placed and separately kept in a
special fund in the City Treasury to be known as the "Relief
Highway Fund" and the monies in such fund shall only be used
by the City of Selina for the purposes mentioned and provided
for in said Chapter 94 of the Laws of Kansas, Special Session,
1933, to -wit:
For road and highway purposes in the construction, maintenance
and operation of streets and avenues in the City of Salina, Kansas;
Provided that preference shall and must be given for labor in such
construction, maintenance and operation to persons on the relief
roll of the county who are physically able to and will work in
such construction, maintenance and operation.
Section 4. Said bonds shall be a general obligation of the
City of Selina payable out of that portion of the revenue derived
from the levy of special taxes by the State of Kansas on motor
vehicles and on motor fuels which is and shall be alloted and
distributed to the City of Salina by virtue of the provisions of
Chapter 94 of the Laws of Kansas, Special Session, 1933, and by
virtue of the adoption by the Board of Commissioners of Saline
County, Kansas, of the resolution above referred to; and if said
apportionment to the City of Salina is lessened at any time by
any change in the assessed valuation of Saline County while any
such bonds or interest thereon are unpaid, a ta, will and shall
be levied by the governing body of the City of Salina, Kansas,
upon all of the property in said city to pay and deficiency which
may be caused by the lessening of such apportionment.
128
i
Section 5. Said bonds shall be sinned on behalf of the City of. -
Salina by its Mayor and the City Clerk shall attest the same by his
signature and shall affix the seal of the City thereto and the interest
coupons annexed thereto shall be signed with the printed fac-simile
signatures of the Mayor and City Clerk. When so executed said bonds
shall be registered in the office of the City Clerk and the office of
Auditor of S,- ate of the State of Kansas, and shall bear the certificates
of the City Clerk and State Auditor evidencing such registration.
Section 6. The interest coupons annexed to said bonds shall
be in the form provided by law and said bonds shall be in substantially
the following form:
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF ZIALINE
C 17:Y OF SALINA
No. 0 1000.00
RELIEF HIGHWAY POND
KNOW ALL MEN BY HESE PREVENTS; That the City of Salina, Saline
County, State of Kansas, is indebted to and promises to pay the
bearer the sum of One Thousand Dollars in lawful money of the United
States of America, on the first day of January, 19 , with interest
thereon at the rate of four and one-fourth per cent ner annum, payable
semi-annually on the first days of January and July of each year, upon
the presentation and delivery of the proper coupons hereto annexed,
signed by the printed fac-simile signatures of the Mayor and Clerk of
said City. Both principal and interest of this bond are payable at
the office of the State Treasurer, in the City of Topeka, Kansas,
and said city is hereby held and firmly bound and its Faith and
credit and all of the resources of said city are hereby pledged for
the prompt payment of this bond and interest at maturity.
THIS BOND is one of a series of bonds numbered from One (1)
to Twenty-five (25) inclusive, aggregating Twenty Five Thousand
Dollars ($25,000.00) of like tenor and effect except as to maturity,
issued by the City of Salina, Kansas, for the purpose of raising
funds for road and highway purposes in the construction, maintenance,
and operation of city streets, avenues or boulevards in the City of
Salina, Kansas, as authorzed by Chapter 94 of the Laws of Kansas,
Special Session, 1933, and is issued under the authority of and in
conformity with said Act and in conformity with the provisions,
restrictions and limitations of said Chapter 94 of the Laws of Kansas,
Special Session, 1933, Chapter 10, Article 19 Revised Statutes of
Kansas, 1923, and all acts amendatory, complementary, and supplemental
thereto, and all other statutes of the State of Kansas applicable
thereto.
Said bonds are a general obligation of the City of Sal na, Kansas,
payable out of that portion of the revenue derived from the levy of
special taxes by the State of Kansas on motor vehicles and on motor
fuels for road and highway purposes wlich is and shall be allocated
and distributed to counties as provided by sub -section 2 of Section
1 of Chapter 241, Laws of Kansas, 1933, and amendments thereto, and
by the provisions of said Chapter 94, Laws of Kansas, Special Session,
1933, (House Bill No. 49) and if the apportionment to the City of
Salina, Kansas, by virtue thereof, shall at any time while any of
said bonds are unpaid be lessened by a change in the assessed valua-
tion of Saline County, Kansas, a tax will be levied by the City of
Salina upon all of the property in said city for the purpose of
paying said bonds and interest thereon.
AN IT IS HEREBY CERTIFIED AND RECITED that all acts, condi-
tions, and things required to be done precedent to and in the is:,uance
of said bonds, have been properly done, happened and performed in
regular and due form as required by law, and that the indebtedness
created by this series of bonds is a constitutional, subsisting and
legal obligation of said city and does not exceed any statutory or
constitutional limitation.
IN TESTIMONY 11IHEREOF, we, the undersigned officers of the City
of Sal'_na, Kansas, being duly authorized to execute this obligation
on its behalf, have hereunto set our official signatures and caused
the seal of said City to be hereunto affixed, and caused our official
signatures to be printed on the coupons hereunto attached, this first
day of January, 1934.
_ Mayor
Attest:
City Clerk
130
Introduced, January 2nd, 1934
Passed, January 4th, 1934
M. A. Stevenson
Attest: Mayor
Chas. E. Banker
City Clerk
j STA' -=E OF Y,ATTSAS )
SS
COUN"_Y OF SALINE )
I, Chas. E. Banker, City Clerk of the City of Sarna, Kansas,
do hereby certify that the above and foregoing is a true and corr-ct
copy of Ordinance No. 4347 passed and approved by the Board of Com-
missioners of the City of Salina, January 4th, 1934; and a record of
the vote on its final adoption is found on page a o/ Journal No. 13
■
(Published in the Salina Journal 7 r 1934)
ORBIT; Ari CE I40. 4347
AN OR:;II!!JTCE providing for the issuance of "Relief Highway Bonds'
of the City of Salina, Kansas, in the amount of 4,25,000.00
under the authority of Chapter 94 of the Laws of Kansas,
Special Session, 1933, and providing for the sale of said
bonds; the manner of which the proceeds thereof shall be
used, and the method of retiring such bonds.
I FRAU, pursuant to the provisions of Chapter 94 of the Laws
of Kansas, Special Session, 1933, (House Bill No, 49) the Board
of County Commissioners of Saline County, Kansas, did at a regular
session of said Board of Commissioners, duly held on December 13,
1933, duly adopt a resolution as contemplated by Section 1 of said
Act by which 35 per cent of the county and township road fund de-
rived from special taxes on motor vehicles and on motor fuels as
provided for in sub -section 2 of Section 1 of Chapter 241, Laws
of Kansas 1933, and amendments thereto, has been set aside to be
used for road and highway purposes in the construction, maintenance
and operation of County roads and township roads and city streets,
avenues or boulevards, by the county or city respectively, or to
pay for bonds and interest thereon issued for such pa.rpose, as
provided for in said Act, and subject to all of the provisions of
restriction thereof, true and correct copies of which resolution
duly certified by the County Clerk of said county have been duly
filed in the offices of the City Clerk of the City of Salina, and
of the State 'Il'reasurer of the State of Kansas, and of the Auditor
of the State of Kansas; and
iTHE'RM the county and township road fund of Saline County derived
from the source provided for in said sub -section 2 of Section 1 of
Chapter 241, Laws of Kansas, 1933, as amended, based on the present
assessed valuation_ of said county, is X54,108.08 per ,year, and the
35 per cent of such fund set aside to be used for road and highway
purposes as contemplated by said Chanter 94 of the Laws of Kansas
c;necial Session., 1933, '(House Bill No. 49) by reason of the resolu-
tion aforesaid, will amount to ;'.18,937.82 per 1 ea.r, based on the
present assessed valuation of said county; and
'IMER']AS, the population of Saline County, Kansas as determined by
the federal census of 1930 was 29,337 and the popr.lation of the
C-ty of Salina, a city of the first class in Saline County, Kansas,
as determ'ned by said federal census of 1930 was 20,155 or 68.7
per cent of the total population of said county, by reason of which
as provided for in Section 1 of said Chapter 94 Laws of Kansas,
Special Session 1933, (Douse Bill No. 49) 68.7 per cent of said stun
of 418,937.82 or a sum of 813,010.28 per year ( based on the present
assessed valuation of said county) will be apportioned to the City
of Salina by the State Treasurer of the State of Kansas and distributed
to the C' t -
y of Salina or held, by the State Treasurer to pay bonds
and interest in the event bonds are issued by the City= of Salina
as contemplated by said Act; and
''1':"RAS, the 'Board of Commissioners of the City of Salina., its
-rovernirr; body, have determined and do now d. etormi.ne that it will
be for the best interest of said city and of those for Mnose benefit
said Act was passed by the lec islature of the .Mate of Kansas, and
who are on the relief rolls and who are able to and will work
on the construction, maintenance and operation of streets and
avenues in the City of Sal-na, that bonds in the total principal
sum of ;:25,000.00 to bear interest at the rate of 4-'114 per cent
per annum, payable semi-annually, be issued in anticipation of
the sums to be set aside and apportioned to the City of Salina
as aforesaid for such purposes, the amount of which onds and
all interest to accrue thereon will not exceed the total estimated
amount to be set aside and apportioned to the City of Salina during
a period of six years as provided for in said .Act; ITOV' ``-ITE, T,OT?E
BE T`i`�T?i AIIM by the Board of Corriiissioners of the City of "� 11na,
Kansas:
Section 1. That all of the foregoing preambles to this
ordinance be adopted and considered to be a part of this or,_'Zinance.
Section 2.
That the City of Salina, Kansas shall issue its
bonds in the amount of 825,000.00 which shall be I.Mown as "Relief
Highrijay Bonds" and which shall be dated January 1st, 1934 and
shall bear interest at the rate of 4-1/4 per cent per annum,
payable semi-annually on the first says of Jul -,,,r and January each
year from date of issue to date of the .respective maturities of
said bonds, which interest shall be evidenced by interest coupons
annexed thereto as hereinafter provided, and said bonds shall be
numbered from one to 25 inclusive, shall be in denominations of
41000.00 each, and shall mature as follows:
No. 1 to 4 inclusive to mat -are January 1, 1935
Tio. 5 to 8 inclusive to mature January 1, 1936
No. 9 to 12 inclusive to mature January 1, 1937
No. 13 to 16 inclusive to mature January 1, 1938
No. 17 to 20 inclusive to mature January 1, 1939
11o. 21 to 25 inclusive to mature January 1, 1940
Sect -1 -on 3. Said bonds shall be issued under the provisions
and ailt'nority of Chapter 94 Laws of Kf,.nsas, Special Session, 1933,
(House Bill No. 49) for the purpose of creatine: a fund to be
Ir -non as the "Relief Highway Fundi and said bonds shall be sold
r
in the manner provided for by law and the proceeds of such bonds
and any money received from the State Treasurer bir reason of said
Act of the legislature shall be placed and separately kept in a
special fund in the City Treasury to be _mown as the "Relief
Highway Fund" and the monies in such fund shall only be used
by the City of Salina for the purposes mentioned an,,-', pror,,ided. for
in said Chapter 94 of the Laws of Kansas, Special Session, 1933,
to -wit:
For road and highway purposes in the construction, mainterance
and operation of streets and avenues in the City of Salina, Kansas;
Provided that preference shall and must be riven for labor in such
construction, maintenance and operation to persons on the relief
roll of the county who are physically able to and will work in
sAach construct -ion., maintenance and operation.
Section 4. Said bonds shall be a general obli--ation of the
City of Salina payable out of that portion of the revenue derived
from the levy of spec' .).1 taxes by the State of Kansas on motor
vehicles and on motor fuels which is and shall be alloted and
distri:nzted to the City of Salina by virtue of the provisions of
Chapter 94 of the Laws of Kansas, Special Session, 1933., and by
virtue of the adoption by the Board of Comniss:i'oners of Saline
County, Kansas, of the resolution above referred to; and if said
apportionment to the City of Salina is lessened at any time by
any change in the aissessed valuation of Saline County while any
such bonds or interest thereon are unpaid, a tax will and shall
be levied by the governing body of the City of Salina, Kansas,
upon all of the property* in said city to pay any deficiency which
may be caused by the lessening of such apportionment.
Section 5. Said bonds shall be signed on behalf of tie City
of Salina by its Mayor and the City Cler?�: shall attest the same
by h's signature and shall affix the seal of the City t'-rereto and
the interest coupons annexed thereto shall be signed with the
printed f ac -simile signatures of the Mayor and City Clerk. When
so executed said bonds shall be registered in the office of the
City Clerk and the office of Auditor of State of the State of
Kansas, and shall bear the certificates of the City Clerk and
'tate Auditor evidencing such re,-istrati on,
Section 6, The interest coupons annexed to said bonds shall
be in the form provided by law and said bonds shall be in
substantially the following form:
140,
UT ITER STA`: ji OF AMERICA
:NATE OF KANSAS
COUNTY OF SALII\E
CITY OF SALIAiA
RELIEF HIGIVIIAY BOND
1000.00
KMOW ALL MEN BY THESE PRESET,TTS: That the City of Salina
Saline County, State of Kansas, is indebted to and promises to
pay the bearer the sum of One Thousand Dollars in lawful money
of the United States of America, on the first day of January,
19 , with interest thereon at the rate of four and one-fourth
per cent per annum, payable semi-annually on the first days of
January and July of each year, upon the presentation and delivery
of the proper coupons hereto annexed, signed by the printed fac-
simile signatures of the Mayor and Clerk of said Ci -
Both
principal and interest of this bond are payable at the office of
the State Treasurer, in the City of Topeka, Kansas, and said city
is hereby held and firmly bound and its faith and credit and all
of the resources of said city are hereby pledged for the prompt
payment of this bond and interest at maturity.
T�iI, 2'0ND is one of a series of bonds numbered from One ( 1)
to Twenty-five (25) inclusive, aggregating Twenty Five Thousand
Dollars (;25,000.00) of like tenor and effect except as to maturity,
issued b,; the City of Salina, Kansas, for the purpose of raising
funds for road and highway purposes in the construction, maintenance,
and operation of city streets, avenues or boulevards in the City
of Salina, Kansas, as authorized by Chapter 94 of the Laws of Kansas,
Special Session, 19330 and is issued under the authority of and in
conformity w_i_th said Act and in conformity with the provisions,
restrictions and limitations of said Chapter 94 of the Laws of
Kansas, Special Session, 1933, Chapter 10, Article 1Revised
Statutes of Kansas ,
, 1923, and all acts amendatory, complementary,
and supplemental thereto, and all other statutes of the State of
Kansas applicable thereto.
Said bonds are a general obligation of the City of Salina,
Kansas, payable out of that portion of the revenue derived from
the levy of special taxes by the State of Kansas on motor vehicles
and on motor fuels for road and. highway purposes which is and shall
be allocated and distributed to counties as provided by sub -section
2 of Section 1 of Chapter 241, Laws of Kansas, 1933, and amendments
t.hereto., and by the provisions of said Chapter 94, Laws of Kansas,
.Wpecial Session, 1933, (douse Bill ho. 49) and if the apportionment
to the City of Salina, Kansas, by virtue tb_ereof, shall at any time
while any of said bonds are unpaid be lessened by a change in the
assessed valuation of Saline County, Kansas, a tax will be levied
by the City of Salina upon allof the property in said city for the
purpose of paying said bonds and interest thereon.
ANDIZ' 7_S -'ERE'BY CFR'fI7IED AN,'C
D R ITED that all acts, condi-
tions, art things required to be done rrecedent to and in the issu-
ance Of sa id. bonds, have been properly done, happened and performed
in regular and due form as required by law, and that the indebtedness
created by this series of bonds is a constitutional, subsisting and
legal ebli.-ation of said city and does not exceed any statutory or
consti.t- tional limitation.
IN TESTIMONY iMREOF, we, the undersigned. officers of the
City of Salina, Kansas, being duly authorized to execute this
obligation on its behalf, have hereunto set our official si,-
natures
and caused the seal of said City to be hereunto affixed, and caused
our official signatures to be printed on the coupons hereunto
attached, this first day of January, 1934.
Attest:
City Clerk
Mayor
•
Section 7. This ordinance shall take effect from and
after its publication in the official city paper.
Introduced, January 2ndj1934
Passed,
Attest:
y er
January 4th, 1934
Mayor