3956 Issue Imp BondsORDINANCE NO. 3956
(Published in the Salina Journal -q,ev _b 1930)
AN ORDINANCE authorizing and providing for the issuance of Improve-
ment Bonds of the City of Salina, Kansas, in the sum of
$94,331.63, to pay the cost of improving certain streets
and alleys in said city.
WHEREAS, pursuant to proceedings duly had according to law, contracts
have been ;et and performed for the construction of the follow-
ing street improvements in said city.
Paving Center Street from Fifth to entrance to Kenwood Park
Curbing, guttering and paving Chicago Street from Ash Street to
State Street. -`
Curbing, guttering and paving Columbia Avenue from Ash Street to
Iron Avenue.
Curbing, guttering and paving Ellsworth Avenue from Highland Avenue
to Ninth Street.
Curbing, guttering and paving Gypsum Avenue from Ohio Street to
Columbia Avenue.
Curbing, guttering and paving Highland Avenue from Claflin Avenue
to Cloud Street.
Curbing, guttering and paving Prescott Avenue from Eelventh Street
to Twelfth Street.
Paving of unpaved portion of Santa Fe Avenue from Lincoln Avenue to
Harsh Street.
Curbing, guttering and paving Seventh Street from Elm Street to
North Street.
Curbing, guttering and paving Front Street from Pine Street to North
Street.
Curbing, guttering and paving Park Place from Oakdale Avenue to
Oakdale Drive.
Curbing, guttering and paving Washington Avenue from Tenth Street
to Eleventh Street.
Paving Center of Santa Fe from Harsh Street to Otis Street.
Paving Third Street from Iron Avenue south to Smoky Hill xiver.
Curbing and guttering Woodland Avenue from Seventh Street to Santa Fe
Avenue.
V:'HEREAS, the total cost of said improvements hasb een ascertained,
and the total portion thereof to be paid by a general tax to be levied
upon all the taxable property within said city for the improvements of
squares and areas formed by the crossing of streets and alleys, and for
the improvements of any of said streets where the same is through or
adjacent to property of the city for which the city is liable, and for
which bonds shall be issued as hereinafter provided, has been ascertained
and is hereby determined and found to be the sum of $14,511.09; and
WHEREAS, the portion of said street improvements to be paid by
special assessment levied upon the lots and pieces of ground liable for
the payment of said street improvements has been ascertained and is here-
by found and determined to be the sum of $95,396.04, which said last
amount has been heretofore duly assessed and apportioned to the several
lots and pieces of ground on such streets liable therefor, payable in
ten equal instalmnets, 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 $15,575.50 has been paid by the property owners
liable therefore leaving a balance for which bonds are to be issued in
the sum of $94,331.63, NOV)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 i»iprovements hereinbefore described, there shall
be issued and hereby are issued Internal Improvement Bonds of the
City of Salina, Kansas, in the total principal sum of $94,331.63,
i
said issue shall consist of 95 bonds, numbered from 1 to 95 in -
elusive, all dated May 1st, 1930, and shall become due serially
in denominations as follows:
No. 1 for $331.63 due May 1, 1931.
No. 2 to 5 inclusive $1,000 each, due May 1, 1931
No. 6-15 inclusive 1,000 each, due May 1, 1932
No. 16to 25 inclusive 1,000 each, due May 1, 1933
No. 26 to 35 inclusive 11000 each, due May 1, 1934
No. 36 to 45 inclusive 19000 each, due May 1, 1935
No. 46 to 55 inclusive 1,000 each, due May 1, 1936
No. 56 to 65 inclusive 1,000 each, due May 19 1937
No. 66 to 75 inclusive 1,000 each, due May 1, 1938
No. 76 to 85 inclusive 1,000 each, due May 1, 1939
No. 86 to 95 inclusive 19000 each, due May 1, 1940
All of said bonds bear interest at the rate of 41%, per annum,
payable semi-annually on May 1st and November 1st in each year, ex-
cept that the first interest on all of said bonds shall become due
and payable on May 1st, 1931.
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
thereto interest coupons representing the interest thereon and said
interest coupons shall bear the fac-simile signatures of the Mayor
and City Clerk of said city.
Section 3. Said bonds shall be in the form and shall contain
recitals substantially as follows:
a
i
I
No.
KN04:' ALL
in the County
to be indebted
the bearer the
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
INTERNAL I`'PROVEMENT BOND
MEN BY TTTESE PRESENTS, That the City of Salina,.
of Saline, State of Kansas, acknowledges itself
and for value received hereby promises to pay to
sum of Dollars
in lawful money of the United States of America, on the first
day of May 19_, with interest thereon from the date hereof
at the rate of four and one-half per cent (41%) per annum, pay-
able semi-annually on the first days of May and November in each
,year, on presentation and surrender of the interest coupons here-
to 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 95 bonds of like date and
tenor, excepting denomination and maturity, aggregating the
principal sum of $94,331.63, issued by the City of Salina, Kansas
for the purpose of paying the cost of improving certain streets
and alleys 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,
12-601 to 12-610 of the Revised Statues of Kansas 1923, and all
amendments thereof, and all other provisions of the laws of said
state applicable thereto, and this bond and all of the 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
Consitution and laws of the State of Kansas, and that the total in-
debtedness of said city, including this series of bonds, does not
exceed any constitution or statutory limiation.
IN d'IITNESS V«HEREOF, 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 May, 1930.
Attest:
City Ulerk
Mayor
(FORM OF COUPON)
No. On the First day of 19 , the City )
of Salina, Kansas, will pay bearer )
Dollars and cents, lawful money ) date
of the United States of-'merica at the office)
of the State Treasurer, Topeka,Kansas, being )
six months interest on its Internal )
Improvement Bond, dated May lst, 1930 No. )
ATTEST )
)
(fac-simile) (fac-simile) )
City Clerk Mayor )
n )
STATE OF KANSAS )
) SS
CO jNTY OF SALINE }
I. the undersigned, City `'lerk of the City of Salina,
Kansas, hereby certify that the within Internal Impr-vement
bond of the City of Salina, Kansas, has been duly registered
in my office according to law.
'ITNESS my hand and official seal this
City
OFFICE OF AUDITOR OF THF STATE OF KANSAS
i, Will J. French, Auditor of the State of Kansas, do
hereb7 certify that a transcript of the proceeings leading
up to the issuance of this pond has been filed in my office
and that this ')ond was registered my my office according to
law this
y`ITNESS my hand and official seal.
Auditor of Stite �`
! ()
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 provided by law, and,
when duly executed and registered, to deliver said bonds to the pur-
chaser 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 Uity of Salina, Kansas, shall
annually make provision for 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 b« law.
Section 6. This ordinance shall take effect and be in force
from and after its ptablication in the official city paper.
Introduced, August 25, 1930
Passed, September 2, 1930
Chas. F. Dodds
Acting Mayor
Attest:
Chas. E. Banker
City Clerk
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. 3956 passed and approved by the Board of Com-
missioners of the City of Salina September 2, 1930. and a record of
the vote on its final adoption is found on page Journal No. 12.
City Clerk
(Published in the Salina Journal
ORDINANCE N0. 3956
1930)
AN ORDINANCE authorizing and providing for the issuance of
Improvement Bonds of the City of Salina, Karisas, in
the sum of $94,331.63, to pay the cost of improving
certain streets and alleys in said city.
.I>iEREAS, pursuant to proceedings duly had according to law,
contracts have been let and performed for the construction
of the following street improvements in said city:
Paving Center Str , .t from Fifth to entrance to Kenwood Park.
Curbing, guttering paving Chicago Street from Ash St. to
State Street.
Curbing, guttering & paving Columbia Ave. from Ash St.
to Iron Ave.
Curbing, guttering paving Ellsworth Ave. from Highland
Ave. to Ninth Street.
Curbing, guttering paving Gypsum Avenue from Ohio St.
to Columbia Ave.
Curbing, guttering t, paving highland Ave. from Claflin Ave.
to Cloud Street.
Curbing, guttering L paving Prescott Ave. from Eleventh St.
to Twelfth Street.
Paving of unpaved portion of Santa Fe Ave. from. Lincoln Ave.
to Harsh St.
Curbing, guttering & paving Seventh Street from Elm St.,
to ?orth Street.
Curbing, guttering & paving Front Street from Pine Street
to North Street.
Curbing, guttering & paving Park Place from Oakdale Avenue
to Oakdale Drive.
Curbing, guttering & having Washington Aveenue from Tenth St.
to Eleventh Street.
Paving Center of Santa Fe from Harsh Street to Otis Street.
South
Paving Third Street from Iron Ave./to Smoky Bill River.
Curbin€ (.- guttering Woodland Avenue from Seventh Street to
Santa Fe Avenue. -~'
WEEREAS, 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 the taxable property within
said city for the improvement of squares and areas formed by
the crossing of streets and alleys, and for the improvement of
any of said streets vihere the same is through or adjacent to
property of the city for which the city is liable, and for which
bonds shall be issued as hereinafter provided, has been ascertained
and is hereby determined and found to be the sum of $14,511.09;
and.
WHEREAS, the portion of said street improvements to be
paid by special assessment levied upon the lots and pieces of
ground liable for the payment of said street improvements has
been ascertained and is hereby found and determined to be the
sum of $95,396.04, which said last amount has been heretofore
duly assessed and apportioned to the several lots and pieces of
ground on such streets 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 015,575.50 has been paid by the property
owners liable therefore leaving a balance for which bonds are to
be issued in the sum of $94,331.63, ITOW TlITREFORE
BE IT ORDAIEED 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 irrprovenents hereinbefore described, there shall
be issued and hereby are issued Internal Improvenent Bonds of the
City of Salina, Kansas, in the total principal stun of $94,301.63,
said issue shall consist of 95 bonds,numbered from 1 to 95 inclusive,
all dated May 1st, 1930, and shall become due serially in denominations
as follows:
No. 1 for 151145 ' due May 1, 1931.
No. 2 to 5 in_cius iv e 010000 each, due May 1, 1931
No. 6-15 inclusive 1,000 each, due May 1, 1932
No.16 to 25inclusive 1,000 each, due May 1, 1933
No.26 to 35inclu.sive 10000 each, due May 10 1934
No.36 to 45inclusive 1,000 each, due May 1, 1935
Yo.46 to 55incl.usive 1,000 each, due May 10 1936
No.56': to 65inclu.sive 1,000 each, due May I, 1937
No.66 to 75inclusive 11000 each, clue May 1, 1938
No -76 to 65inclusive 1,000 each, due May 1, 1939
Ko -86 to 95inclusive 10000 each, due May 10 1940
All of said bonds bear interest at the rate of Q% per
annums payable semi-annually on May lst and November lst
in each year, except that the first interest on all of said
bonds shall become due and payable on May 1st, 1931.
Section 2. Said bonds shall be executed by the Mayor
and s a 11`e attested by 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 small bear the fac-simile
signatures of the P,7ayor and City Clerk of said city.
Section 3. Said bonds shall be in the form and shall
contain recitals substantially as folloy
UNITED STATES OF AI',TRICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
No.
INTERNAL IIPROVEI,ENT FU" .
KNOW ALL IGEN BY THESE PRESENTS, That the City of Salina,
in the County of Saline, State of r a.nsas, 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 May 19+, with interest thereon from the date hereof
at the rate of four and one-half per cent (41;%) per annum.,
payable semi-annually on the first days of May and November
,_n 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, jLansas 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 95 bonds of like date and
tenor, e.cepting denomination and maturity, aggregating the
principal sum of $94,331.63, issued by the City of Salina, Kansas
for the purpose of paying the cost of improving certain streets
and alleys in said city, by the authority of ar_d in full compliance
with the provisions, restrictions and limitations of the constitution
and lavas of the State of Kansas, including Sections 10-101. to 10-115,
12-601 to 12-610 of t' -',-Ie Revised Statutes of Kansas 1923, and all
amendnents thereof, and all other provisions of the laws of said
state applicable thereto, and this bond and all of the other bonds
of this series, and all interest thereon are to be paid by the City
of Sal ir_a, 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 ai,.d do exist in due and regular form and manner as re-
quired 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 anig constitutional or statutory limita-
tion.
IN VITNESS VVIIEREOF, the said City of Salina, ",a:: sas, has
executed this bond by causing it to be signed by its DIayor ar.d
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
this first day of Mlay, 1930.
Attest:
City Clerk.
Mayor .
(FORD' OF C OUPOIT )
No. On the First day of 19_, the City } _
—On
Salina, Kansas, :ill pay bearer ) date
Dollars and cents, lavvful money )
of the United States ofk America at the office )
of the State ,_reasurer, Topeka, Kansas, being )
six months interest. on tts Internal )
Improvement Bond, dated Xay istt 1930 No. )
ATTEST: )
(fac-simile) (f ac -Simile) )
City Clerk Rlayor )
STATE OF KANSAS ) as
CODUTv OF SALINE )
L, the undersigned, City Clerk of the City of Salina,
Kansas, hereby certify that the within Internal Improvement
Bond of the City of :Salina, k�ansas, has been duly registered
in my office according to lave.
WITNESS ray hand and official seal. this
City Cler2
OFFICE OF AUDITOR 01' THE S' --'ATE OF 1IANSAS
I, Will J. French, Auditor of the State of Kansas, do
hereby certify that a transcript of the proceedings leading
up to the issuance of this bond has been filed in my office
and that this bond was registered in my office according to
lav: this .
i"JITI;(ESS my hand and official seal.
Auditor of State
Section 4. The Dlayor.and City Clerk are hereby author-
ized and dire.c.ted to prepare and execute the bonds hereinbefore
described and to advertise and sell the same in the manner pro-
vided by law, and, when duly executed and registeeed, to deliver
said bonds to the purchaser or purchasers thereof, on receipt of
the purchase Drice.
Section &0 The full faith, credit and resources of the
City of Sa. na, 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 4alina, Kansas, shall annually make provision for the pay..
-cent of the principal and interest on said bonds as the same
become due by levying taxes and assessments upon th-e 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.
Attest;
Introduced, August 25, 1930.
Passed, September 2, 1930,
i y er�k.
Acting Mayor. �