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4008 Improvement BondsORDINANCE NO. 4008 (P,.ibli shed in the Sali a Journal January 1P31) AN ORDI� jI NCE, authorizing and providing for the issuance of Improve- ment Bonds of the Citi- of Salina, Kansas, in the sum of $*22,995.30, to pass the cost of constructing certain lateral sanitary sezers in said city. :IiEU�AS, pursuant to proceedings duly had according to law, contracts have been let and performed for the folloviinF, ,cork: The c-nstraction of lateral sanitary se-°Ters in Lateral Sewer Districts No. 5-144-145-147-149-153-157-160-162-163 and 154. 7_"i?E'REAS, the cost of said lateral sanitary se,,-,!ers constructed in lateral sewer cistricts above mentioned, to be paid by special assessments levied ul. n all lots and pieces of ground liable for the paVnent of said lateral sanitary sewers in lateral se; er dis- tricts above mentioned, has been ascertained and ;s hereby found and det^rmined to be the sum of x'24,270.91, hick anoint has been !�eretofore duly assessed and apporti^ned to the several lots and nieces of ground liable therefor payable in ten equal installments according to law as r>rovided in the ordinances of the Citi, of Salina relatinc thereto, duly passed and ap-roved, of which amount the sum of 9'1,275.11 has been aid by certain of the pro..erttr o,-ners liable therefor, and whose propertsr has been thereby discharged from any further assessment for the cost of said improvements in the amounts so maid, leaving a balance f^r l hich bonds .gill be isslied in the sum of :22,995.80; and the total amount for vrhich bonds are to be issued for the payment of the above described improvement has been and is hereby determined to be the sum of �22,995.80� ? Giu' TTiEhL'r'OR� B!'7, I'I' ORD.:'LINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That for the purpose of providing fund to pay the cost of the improvements hereinbefore described there shall be issued and there are hereby issued Internal Improvement Bonds of the City of Salina, Kansas, in the total principal sum of :;22,995.80, to consist of 28 bends, numbered from 1 to 28 inclusive, all dated December 1, 19305, hich shall become due serially in denominations as follows: No. 1 for ;495.80 due December 1, 1931 No. 2 for $500.00 due December 1, 1932 No. 3 and 4 for X1000 each, due December 1, 1932 No. 5 for ',00x.00 due December 1, 1933 No. 6 and 7 for '1000 each, due December 11, 1933 T o. 8 for '$'500.0') due December 1, 1934 No. 9 and 10 for 4100( each, due December 1, 1934 No. 11 for 9500.00 due December 1, 1935 No. 12 and 13 for p1000 each, due December 1, 1935 No. 14 for 4p50r).nn due December 1, 1936 '?o. 15 and 16 for X1000 each, due December 11, 1936 No. 17 for $500.00 due December 1, 1937 Yo. 18 and 19 for X1000 each, du.e December 1, 1937 No. 20 for X500.00 due December 1, 1938 No. 21 and 22 for "1000 each due December 1., 1936 ??o. 23 for 450-1.00 due December 1, 1939 No. 24 and 25 for X1000 each, due December 1, 1939 No. 26 for 0r) due December 1, 1940 i:o. 27 and 26 for ,1000 each, due December 1, 1940 All of said bonds shall bear interest at the rate of 4-1/4 per cent per annum, palTable semi-annually on June 1st and December lst in each year. Section 2. Said bends shall be e1_ecuted by the ','Iayor and shall be attested by the Cit -,r "lerk, 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 i_nter,�st coin: -,ns shall bear the fac-simile signatures of the Yrayor and City Clerk of said city. Section 3. Said bonds shall be in the form and shall contain recitals substantially as follows: UT%ITED STATS OF A! ERICA STATE OF KANSAS COUNTY OF SALINE CI��'Y OF SALINA No . INT N RhTAL IT;: r ROVETTMENT BOND KNOV% ALL B'EN BY THrSE PRESENTS That the City of Salina, in the �'n1jpty of Saline, State of Kansas, acknowledges itself to be indebted and for 7.7alue 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 December 1930, with interest thereon from the date hereof at the rate of four and one-fourth per cent (44) per annum, payable semi-annually on the first days of June and December in each year, on presentation and surrender of the interest cou ons hereto annexed as said cou-,- ns 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 TO,eka,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 23 bonds of like date and tenor, excepting denomination and maturity, aggregating the principal sum of $22,995.80, issued by the City of Salina, Kansas, for the purpose of paying the cost of constructing certain lateral sanitary seerers in said city by the authority of and in full_ compliance with the la179 of the State of Kansas, including Sections 10-101 to 115 and Sections 12-617 to 12-629 of the Revised Statutes of Kansas 1923, and all amendments thereof, and all other crovisions of the laws of said state applicable thereto, and this bond and al" other 1-onds 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 in- debtedness of said city, including this series of bonds, does not exceed any constitutional or statutory limitation. IN '::ITNESS ':%'HEREOF, the said City of Salina, Kansas, has exe- cuted this bond by causing it to be signed by its Mayor and its corporate seal to be hereto affixedattested b- its City Clerk and the cou_­ns hereto attached to be signed with the fac-simile signa- tures of said officers, and this bond to be dated this first day of December lst,1930 Mayor Attest: City Clerk No. Attest: (FOM"! OF COUPON) On the First day of 193_, the City ) of Salina, Kansas, T7,ill pay bearer �_ ) Dollars and_ cents, lw ful money of l the United States of America, at the office } of the State Treasurer, roreka, Kansas,being ) six months interest on its Internal Improvement ) Bond, dated December lst, 1930. No. ) (fac-simile) (fac-simile) Ci tv-clerk P,--ayor STATE OF KANSAS ) 0 SS COUNTY OF SALINE ) date Cittr of Salina Kansas I. the undersigned, City Clerk of the City of Sa�ina, Kansas, hereby certify that the vithin Internal Improvement Bond of the City of Salina, Kansas, has been duly registered in my office according to lay. ITr'ESS my hand and of-1-cial seal this Ci_t�r Clerki4� OFT;'ICD,' OF AUDITOR OF 171I'l- ST i`i'' OF KANS113 I, ','!ill 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 ---as registered in my of''ice according tolaw this .ITTTESS Fly hand and. official s --.al. i Auditor of State 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 purchaser or purchasers ther of, on receipt of the purchase price. Section 5. 1'he full faith, credit and resources of the City of Salina, Kansas, shall be, and the same are here'D7T irrevocably '_:l-dged for the prompt payment of said bonds and all interest tiere- ^n. The Board of Com7issioners 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 prouerty liable therefor as provided by la -v,. Section C. This ordinance shall take of"ect and be in force from and after its publication in tree official city paper. Introduced, January 5, 1931 Passed, January 12, 1931 Chas. F. Dodds r'vlayor Attest: Chas. E. Banker City�lerk STATE OF Kiii�SAS ) ) SS C Oli NT's OF SALINE j I. Chas. E. Ban',er, City Clerk of the City of Salina, Kansas, - do hereby certify that the above and foregoing is a true and. corrdct copy of Ordinance No. 4008 passed and approved bIT the Board of Com- missioners of the City of Salina January 12, 1931: and a record of the vote on its final adoption is found on page 3 Journal No. 12. city -C k (Published in the Salina Journal January 1931) ORDINANCE NUMBER. 4008. An Ordinance authorizing and providing for the issuance of. Improvement Bonds.of the City of Salina, Kansas, in the sum of X22,995.80, to pay the cost of constructing certain.. lateral sanitary sewers in said City. 11HEREAS, pursuant to proceedings duly had.according to law, contracts.have.been-let and performed for the following work: The construction of lateral sanitary sewers in Lateral Sewer Districts'No. 5-144-145-147-140-153-157-160-162-163 and 164. WHEREAS, the cost of said lateral sanitary sewers constructed in lateral sewer districts above mentioned, todbtrpatdsbyofipecial assessments levied upon all lots and pieces of ground liable for the payment of said lateral sanitary sewers in lateral.seiver districts above mentioned, has been ascertained and is hereby_ found and determined to be the sun of $24,270.91, which amount has been heretofore duly assessed and apportioned to the several. lotstand pieces of ground liable therefor payable in ten equal installments according to law as provided in the ordinances of the City of Salina relating thereto, duly passed and approved, of which amount the sum of 01,275.11 has been paid by certain of. the property owners liable therefor, and whose property has been thereby discharged from any further assessment for the cost of said improvements in the amounts so .paid, leaving a balance for which bonds will be -issued in the sum of $22,995.80; and VHEREAS,, the total amount for which bonds are to be issued for the payment of the above described improvement has been and is hereby determined to be the sum of $22,995.80; 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 are hereby issued Internal Improvement Bonds of the City of Salina, Kansas, in the total principal sum of 22,995.80, to consist of 28.bond.s, numbered from T to 28 inclusive, all dated December 1, 1930, which shall become due serially in denominations as follows: No. 1 for $495.80 due December 1, 1931 No. 2 for 0500.00 due December No. 3 and 4 for $1000 each, due December 1., 1932 No. 5 for 6500.00 due Derme'mber 1, 1933 No. 6 and 7 for 41000 each, due December 1, 1933 No. 8 for $500.00 due December 1,'1934 No.. 9,and-18 for $1000 each, due 'December 1, 1934 No. 11 for $500.00 due December 1,1935' ..No. 12 and -13 for $1000 each, due December 1, 1935 No. 1.4 for $500.0.0 due December 1, 1936 No. 15 and 16 for,$1000 each, due December -I,, 1936 No. 17 for 6500.00 due December 1, 1937 No. 18 and 19 for 401000 each,`due December 1, 1937 No. 20.for 4500.00 due December,l, 1938 No. 21 .and 22 for 1000 each duehDecember 10 1938 No: 23 for.$500.00 due December 1, 1939 No..24 and 25 for $1000 each, due December,11 1939 No. 26 for $¢500.00 due December 1, 1940 No. 27 and 28 for -51000 each, due December 1, 1940. All of said bonds shall bear interest at the rate of 4-1/4 per cent per annum, payable semi-annually on June 1st and December lst in+each year. Section 2. Said bonds shall be executed by the Payor 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: , UNITED STATIS OF AMERICA . STATE OF KANSAS COUNTY OF SALINE. CITY OF S.ALINA- DIo �.` INTERNAL IMPROVEMENT BOND KNOW ALL MEN BY TIMSE FRESENTS, 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. December -1930, with interest thereon from the date hereof at the rate of four and one-fourth per cent -(4-4E {' per annum, payable' J semi-annually on the first.days of June and -December 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 S&'-IMnV;Tansas 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 onel.•of-a series of 28 bonds of like date and. tenor, excepting .denomination and maturity,'-aggregating,the principal sum • of .$22,995.80, issued by. the City of,Salina,> Kansas, for the purpose of paying -the cost -of constructing centain�iateral sanitary sewers in said city ,by.theauthority of and in full complian'c'e V:ith the Provsions,.restrictions and limitations of the constitution and .. . laws.of:the State,of Kansas, including. Sections 10-101 to 115 dad Sections 12-617�o 12-629 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 a ll other bonds ofthis series.,, and.all 'interest thereon are to be paid by the City of Salina, Kansas. And it is hereby declared and certified that all a cts, 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 ,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 con- stitutional or statutory limitation.. IN "dITNESS afHEREOF, ,the said City of Salina, Kansas, has executed this bond by.causing.it to, be signed by.tlie its Mayor and its corporate seal to be hereto affixed, attested by its City Clerk and the coupons hereto attached to be•sAgned with the fac-simile signatures of said officers, and..this bond to be dated,this first day of December 1st:, 1930. Mayor Attest: City Clerk 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, whenduly 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 YinL-c9 a, Kansas, shall be, and the same are hereby irrevocably pledged. for the prompt payment' of .said bonds arida it •interest ksl thereon. The -Batt�d—of--C�ssione rC Fl of the City •of Sa8Jna. ansas, shall annually make provision'of the payment.of the principal and interest on said-bonds as the same become due'by•-'evying,taxes 'and assessment's upon tlie. 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 pap er. Introduced, Januarg 5,/1931 Passed, January/12, 1931 ayor Att'e'st: l ��T IJ UC 1 Glc _ City Clerk (FORM OF COUPON) No. On the First day of 193_, the City ) of Salina, Kansas, will pay bearer ) Dollars and cents, lawful money ) of the Unite States of timerica, at the office ) of the State Treasurer, Topeka, Kansas, being ) date six months interest on its Internal Improvement ) Bond, dated December lst', 1930. No. ) h ) City of Salina Kansas II' Attest: L, (fac-simile) (fac-simile) ) City Ulerk Mayor ) ) STATE OF KANSAS ) SS COUNTY OF SALINE ) I, the undersigned, City Clerk of the 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 OFFICE OF AUDITOR OF THE STATE OF KANSAS I, Will J. French, Auditor of the State of Kansaw, 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 law this :FATNESS my hand and official seal. Auditor of State