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3166 Issuance of Bonds0RDINANCE_N0._316.6.. --- (Published in The Salina Journal_ October 1 1925) AN ORDINANCE authorizing and directing the issuance, sale and delivery of $605,082.00 of negotiable, coupon bonds of the City of Salina, Kansas, for the purpose of paying the award found, ascertained and reported by the Commission appointed.for such purpose, as a fair cash value of the plant of the Salina Water Works Compabt; and providing for the levy of a tax for the payment of the same. WHEREAS, at a special election duly called and held in the City of Salina, Kansas, on the 22nd day of September 1925 the following proposition was submitted to the electors of said City, to -wit: "Shall the City of Salina purchase and tkke the plant of The Salina Water Works Company and the appurtenances there- unto belonging or in any way appertaining to the same for the sum of $605,082.00, being the amount ascertained and found as the value thereof by the Commissioners duly appointed for such purpose?" 4nd said proposition was at said special election adopted by a majority of the legal electors of said City voting at such special election; and, WHEREAS, all of the proceedings and conditions precedent to the fixing and ascertainment of such award by such Commissioners, as provided for in Section 12-811 of the Revised Statutes of Kansas 1923, were prior to such special election and prior to the filing of the award of such Commissioners duly had and performed; and WHEREAS, by virtue of the provisions of said Section 12-811 of the Revised Statutes of Kansas 1923 as aforesaid, the Board of Commissioners of the City of Salina, Kansas, are authorized to issue bonds to be sold and the proceeds thereof use for the pur- chase of such plant; NOW THEREFORE, BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas; Section 1. That the negotiable coupon bonds of the City of Salina, Kansas, be and the same are hereby authorized and directed to be issued in the aggregate amount of Six Hundred and Five Thousand Eighty Two Dollars ($605,082.00), such bonds to be sold in the manner provided by law and the proceeds thereof to be.used for the purchase of the plant of the Salina Water Works: -Company and the appurtenances thereunto belonging or in any way appertaining to the same, and the Mayor and City Clerk of said"City are hereby directed to execute and deliver said bonds -as provided herein. Section 2. Said bonds shall be dated October 1, 1925 and shall bear interest at the rate of four and one half per centum per annum, payable semi-annually on the first days of _April -and October of each year, which interest shall.be evidenced by coupons attached to and numbered to correspond to the bonds to which they belong and shall bear the lithographed signatures of the..Mayor and City Clerk which signatures said officers hereby adopt as their official signatures to said coupons.. Said bonds shall have the seal of the City of Salina, Kansas affixed thereto. All of said bonds and interest coupons shall be,payable at the office of the State Treasurer of the State of Kansas, in the City of Topeka, the same being the fiscal agency of the State of Kansas, and shall be re- gistered by the City Clerk and also with.the Auditor of the State of Kansas, as required by law, and the full faith, credit and all of the resources of the City of Salina, Kansas, are hereby irrevocably pledged for the prompt payment of the principal and interest of said bonds as they severally mature. Section 3. All of said bonds shall be in the denomination of One Thousand ($10000.00) Dollars except bond number one (1) which shall be in the denomination of One.Thousand Eighty Two ($$,082.00) Dollars and shall be numbered and become due and payable as follows: NUMBER 1 to 29 inclusive 30 to 59 60 to 89 90 to 119 " 120 to lag " 150 to 179 " 180 to 209 210 to 239 240 to 269 " 270 to 299 !' 300 to 329 " 330 to 359 360 to 389 " 390 to 419 " 420 to 450 " 451 to 481 " 482 to'512 " 513 to 543 " 544 -to 574 " 575 to 605 " MATURITY Octoberl, 1926. October,l, 1927. October 1, 1928. October 1, 1929. October 1, 1930. October 1; 1931. October 1, 1932. Octoberl, 1933. October 1, 1934. October 1, 1935. October 10 1936. October 1, 1937. October 12 1938. October 12 1939. October 11 1940. October 1, 1941. October 1, 194q. October 1,.1943. October 10 1944. October 1, 1945. Seetion'4. Said bonds and interest coupons, except as.to the principal amount of bond number one (1) which shall be for One Thousand Eighty Two ($1082:00) Dollars and the coupons attached to said bond number one (1) which shall be for the sum of Twenty Four Dollars and Thirty Five Cents ($24.35.), shall be in substantially the following form: $1,000.00 UNITED STATES OF AIalERICA STATE OF KANSAS COUNTY OF SALINE CITY OF SALINA WATER WORKS BOND No KNOW ALL MEN BY THESE PRESENTS, that the.City of Salina, in the State of Kansas, acknowledges itself.to owe, and for value received, promises to pay to the bearer, or if registered, to the registered holder thereof, the sum of ONE -THOUSAND DOLLARS �s 4 on the first day of October 19 with interest on said sum from the date hereof at the rale of four and a half (42) per centum per annum, payable semi-annually, on the presentation and surrender of the annexed interest coupons as they severally become due. Both.principal and interest of this bond are hereby made payable in lawful money of the United States of America, at the office of the State Treasurer in the City of Topeka, State of Kansas, the same being the fiscal agency of the State of Kansas. This bond is one of a series of six hundred and five (605) bonds of.like date, tenor and affect, except at to maturity and except as to bond number one_�(1) which is'issued in the amount of One Thousand Eighty Two ($p1,0820'00) Dollars, said bonds being numbered from one (1) to six hundred and five (605) inclusive, amounting in the aggregate to Six Hundred Five Thousand Eighty Two ($p6052082.00) Dollars, issued for the purpose of purchasing.the water plant of the Salina.Water Works Company. This bond is issued under the authority of^and.in full compliance with the constitution..and.statutes of the State of Kansas, including Section 12-811.of the Revised Statutes of Kansas 1923, pursuant to which there was submitted to the electors of the City of Salina, Kansas, on the twenty-second day of September 1925 the following proposition, to -wit: "Shall the -City of Salina purchase and take the plant of the Salina Water Works Company and the appurtenances thereunto belonging or in any way appertaining to the same for the sum of $605,082.00 being the amount ascertained and found. as the-ftalue thereof by the Commissioners duly appointed for such purpose"? Such proposition so submitted was adopted by the majority of all the votes cast at such special election. It is hereby certified, recited and represented, that all acts, conditions and things required to be done, to exist, happen or be performed, precedent to and in the issuance of this bond, have been done, do exist, have happened and have been performed in due time, form and manner as required by law, and that the amount of this bond, together with all other existing indebtedness of the City of Salina.. Kansas, including this issue of bonds, does not exceed any limitation prescribed by the constitution..and..statutes of the State of Kansas, and that the full faith, credit and resources of the City of Salina, Kansas, are hereby irrevocably pledged for the punctual payment of principal and interest of this bond when due; and that an annual tax levy sufficient to pay the annual interest and principal..of this. -bond -will be levied upon all the taxable property in the.City of Salina, Kansas. This bond may be registerdd.n the name of the owner as provided by the Statutes of the tate of Kansas, at the office of the State Treasurer. IN WITNESS iyVHEREOF, the. City of Salina,. Kansas, by its Board of Commissioners, has caused -its corporate seal to be hereunto affixed and this bond to be signed by its Mayor and attested by its City Clerk, and each of the interest coupons hereto attached to be executed with the lithographed facsimile signature of said -Mayor and City Clerk,'all-as of this first day of October 1925. Attest: Mayor City Ulerk. (FORM OF COUPON) No. $22.50 on the first day of 19 the City of Salina, Kansas, will pay to,beater aT_THe of the State Treasurer, at Topeka,.Kansas, the sum of Twenty Tow Dollars and Fifty Cents ($p22.50), being six months interest then due on its Water Works -Bond, dated October 1, 1925. NO. Attest: Mayor City er. On the reverse side of said bonds shall be printed.the;following cer- tificates: STATE AUDITOR'S CERTIF.ICATE'. I, , Auditor of the State of Kansas, do hereby-eertify that a compe e transcript of the proceed- ings leading up to the issuance of this bond has been filed in my office and that this bond has been regularly registered in my office accord- ing to law. Witness my hand and official seal, this day of 1925. Auditor of State o nsas. CITY CLERK'S CERTIFICATE. I,.Chas. E. Banker.. City Clerk of the City of Salina, Kansas, do hereby certify that this bond has been duly registered in my office, as required by the statutes of the State of Kansas. Witness my hand and official seal this day of 1925. Ci y Clerk. REGISTRATION OF OWNERSHIP. Entries hereon must.be made only by the Treasurer of the State of Kansas, or his duly authorized representative. Date of Registry Registration to whom reg. Sig. of Reg. officer. Section 5.. The. City of Salina, Kansas, hereby assumes the payment of said bonds and interest coupons and promises the holders thereof that said City will make prompt payment of the bonds and interest coupons at the respective times set out herein, and it is hereby made the duty of the property city officials to levy annually, at time of making the levy for other city taxes, a tax sufficient to pay the interest and principal of said bonds as the same severally mature. Section 6.' That the Mayor and.;Gity Clerk of the City of Salina are hereby authorized and directed upon the taking effect of this ordinance to send a certified copy of the transcript of the proceedings required by law, preliminary to the.issuance of bonds herein provided for, by registered mail to the State School.Fund Commission, and that if said State.School Fund..Sommission shall not within ten (19) days after'receiving such transcript notify such officers in writing that such Commission desires to purchase the issue of bonds authorized by said transcript, then the Board of Commissioners of the City of Salina, Kansas, shall proceed to sell such bonds for cash in the manner provided by Chapter 93 of the Laws of the State of Kansas 1925, and shall upon the payment of the purchase price thereof in cash,.to the City.Clerk, deliver said bonds to such purchaser.. Section 7. This ordinance shall be in force from and after its publication in the official city paper. Introduced for first reading October 5th, 1925. Passed and approved October 12th, 1925. J. S. Hargett Attest: City Clerk STATE OF KANSAS ) ) SS , . COUNTY OF SALINE).—' 0 I, Chas. E. Banker, City Clerk.,of the City mf Salina, Kansas, do hereby certify that the above and foregoing is a true and correct copy of Ordinance No. 3166 passed and Approved by the Board of Commissioners of the City of Salina, Kansas October 12, 1925, and a record of the vote on its final adoption is found on page �y of Journal Number 11, y er{. a 0 (Published in The Salina October 1025) ORD INANCE NO AN ORIJ MUCE AU"Chorizing and directing the issuance, sale and delivery of 0605)082.00 of negotiable, coupond- bonds of the City of Salina., Kansas., for the purpose of paying , the award found, ascertained and reported by the Commission appointed for such purpose, as a fair cash value of the plant of the Salina "i'later 1,17orks Company; and providing far the levy of a tax for the payment of the same, e �,WIELJIULAS., at a special election. duly called and, held in the City of Salina., Kansas, on the 22nd day of September 1925 the following proposition was submitted to the electors of said City, to -wit: ,,Shall the City of Salina purchase and take the plant - of the Salina ,Water Works Company and the appurtenances thereunto belonging or in any way appertaining to the sa,me for the sum of $605P082#()0, being the amount ascert- ained and found as the value thereof by the Commissioners duly appointed for such purpose ' and said proposition was at said special election adopted by a majority Of the legal electors of said City voting at such special election; and., 141,911-E21EAS, all of the proceedings and conditions precedent to the fixing and ascertainment of such award by such Cominissioners,, as Provided for in Section 12-811 of f the Revised Statutes of Kansas 1923, were prior to such special election and prior to the filing of the award of such Conmissioners duly had and performed; and WE','REAS by virtue of the provisions of said Section 12-811 E of the Revised StAtutes of Mansas 1923 as aforesaid the Board of Car ,1-,Iissioners of the City of Salina, Kansas, are authorized to issue bonds to be sold and the proceeds the-oeof use for the purchase OIL such. plant; NO'VI THEIZEFOHEs BE IT OEDAINED by the Board of Commissioners of the City of Salina., Kansas : Section 1 . That the negotiable coupon bonds of the City of Saliva, lKansas, be and the same are hereby authorized and directed to be issued in the aggregate amount of Six Hundred and Five Thousand Eighty Two Dollars (0605,082*00), such bonds to be sold in the manner provided by-law and the proceeds thereof to be used for.the purchase of the plant of the. Salina =Mater Works Company and the appurtenances thereunto belonging or in any way appertaining to the same, and the ;Mayor and City Clerk of said City are hereby directed- to execute and deliver said bonds as provided herein. Section 2.Said bonds shall be dated October 1, 1925 and shall bear interest at the rate of four and one half per centum per a3-jnUM., paybble semi-annually on the fitst days of April and October of each year, which interest shall be evidenced by coupons attached to and numbered to correspond to the bonds to vihiich they oelong and shall bear the lithographed signatures of the 'ayor and City Clerk which signatures said officers hereby adopt as their official signatures to said coupons. Said bonds shall have the, seal of the City of Salina, Kansas affixed thereto. All of said bonds and interdst coupons shall be payable at the office of the State Treasurer of the State of Kansas, in the City of Topeka, the same being the fiscal agency of the State of Kansas, and shall be register- ed by the City Clerk and also "vaith the Auditor of the State of Kansas, as required by law, and the full faith�,credit and all of the resources of the City of Salina, nsas, are hereby irrevocably pledged fox, the Prompt payment of the principal and int -,ex -est of said bonds as they severally mature* Section 3# All of said bonds shall be in the denomination of One Thousand (41,000o00) Dollars each except bond number one (1) which shall be in the denomination of One Thousand Eighty Two 1. 1082 Dollars and shall be numbered and become due and payable as fID11OWS: NUMB,L'�__R 1 to 29 inclusive 30 to 59 tt 60 to 89 H 90 to 119 120 to 149 150 to 179 180 to 209 210 to 239 240 to 269 270 to 299 300 to 329 330 to 359 360 to 389 390 to 419 420 to 450 451 to 481 482 to 512 513 to 543 544 to 574 575 to 605 MATUHITY October ly 1926. October 1, 1927. October 1-2 1928. October 1$ 1929. October 19 1930. October lf 1931. October,,l'..,1932. October 1.9 1933* October 1$ 1934. October 1$ 1935. October 1, 1936. Oct obe,,_- 1., 1937. October ly 1938. October 12 1939. October 1$ 1940. October 1$ 1941# October 1.9 1942* October 1$ IL943 ., October 1$ 1944. October lt rz 1945. I --Section 4. Said bonds and interest coupons, except as to the principal amount of bond number one (1) which shall be for One Thousand Eighty TO* (6'1082*00) Dollars and the coupons attached to WAV, saidbond number one (1)^shall be or the sum of Twenty Four Dollars and Thirty Five Cents (�,',24.35), shall be in substantially the follow- ing fora: $.1,000.'00 UNITED STATES OF AshZERICA STATE OF KDkNSAS COMITTY UP SALINE CITY OF SAMNA WAT_41'11 WORK S BOND Ko's ruiOV4 ALL YGEN BY TIES, FPLES]E�MTS, that the City of Salina, in the State of Kansas., acknowledges itself to owe, and. for value received,, promises to pay to the bearer, or if registered, to the registered the sun, of holder her6 of$ ONE THOUSAND DOLLARS on thin, first day of October 19 with interest on said sum from the date hereof at the rate of four and a half (42) per centum per annwr,, payable se -i.11 -annually, on the presentation and surrender of the annexed interest coupons as they severally become due. Both priheipal and interest of this bond are hereby made payhble in lawful money of the United States of:, America., at the office of the State Treasurer in the City of Topeka., State of Kansas., the same being the fiscal agency of the. State of Kansas. This bond is one of a series of six hundred and five (605) bonds of like date., tenor and affect, except as to7raturity and except as to bond number one (1) which is issued in the amount of One Thousand Eighty P.,,.,o ($1,082.00) Dollars., said bonds being numbered from one (1) to six hundred and five (605) inclusive, amounting in the aggregate to Six Hundred Five Thousand Eighty Two (0605.,082*00) Dollars, issued for the purpose of purchasing the water plant of the Salina 'Water t4orks Company, This bond is issued Linder the authority of and in full compliance with the constitution a:fid statutes of the State of Kansas, including Section 12'.811 of the Revised Statutes of Kansas 1923, pursuant to zrhich there was bubmitted to the electors of the City of Salina ., Kansas,, on the twenty-second day of September 1925 the following proposition., to -wit: "Shall the City of Salina purchase and take the plant of the Salina Water Works Company and the appurtenances thereunto belonging or in any v app.-rtaining to the same for the sum of ?605,082.00 082.00 being the amou ascertained and fourd as the value thereof by the Commissioners duly appointed for such purpose ?4# Such proposition so submitted was adopted by the majority of all the votes cast at such special election. It is hereby certified, recited and represented, that all acts conditions and things required to be done, to exist, happen 0-0 P issuance of this d, have been be performed, precedent to and in the done, do exist, have happened and have been performed in due tine ,form and manner as required by law, and that the amount of this bond,together with all other existing Indebtedness of the City of Salina, Kanias$ including this issue of bonds, does not exceed any limitation pre- scribed by the Constitution and statutes of the State of Kansas; and that the full faith, credit and resources of the City of Salinat Hansas.4 are hereby irrevocably pledged for the punctual payment of principal and interest of this bond when due; and that an annual tax levy sufficient to Pay the annual interest and principal of this bond will be levied upon all the taxable property in the City of Salina, Kansas, This bond may be registered in the nano of the owner as provided by the Statutes of the State of Kansas., at the office of the State Treasurer. IN WITNESS UIEREOF, the City of Salinn, Kansas, by its Board of Commissioners, has caused it, corporate seal to be hereunto affixed and this bond to be signed by its Myor and attested by its city Clerk, and each of the interest coupons hereto attached to be executed with the lithographed facsimile signature of said Vkyor and city Clerk, all as of this first day of October 1925, Attest: ClEy- (FOR MOF COUPON $22.50 On the first day of 19 1 the City of Salina, Kansas, will pay to bearerruh­eoffiA of the State Treasurer, at TopekV, Kansas, the sum of Twenty Two Dollars and Fifty Cents (022-50)s being six months interest then due on its Water Works Bond, dated October 1, 1925, NO Attest: C—F—M-5. 7_2 Myor. On the reverse side of said bonds shall be printed the following certif Icates: STATE AUDITOR'S CMIZICATE. Auditor of the State of Kansas, ITY that complete transcript of the proceedings leading do hereby Cer a cimp ete'M up to the issuance of thIs bond has been filed in my office and that 0 a this bond has been regularly registered in my office according to late* vilitness my hand and official seal, this day of 19250 Auditor or State of Xa-nsaso CITy C7,imKIS C-,[]"',nT1PICATY'-4 - jj 4 I. Chas, E. Banker., City Clerk of the City of Salina, Kansas, as, do hereby certify that this bond has been duly registered in -,y office, as -required by the statutes of the State of Kansas. Witness my hand and official seal this day of 1925. city Cler 1 GISTRATION OF W'174-�HSHIP, r ,intries hereon must be made only by the Treasurer of the State of Kansas, or his duly authorized representative. Date of registry registration To whom. reg. Sinnature Of ReG. Off icer. I Section 5. The City of Salina, Kansas, hereby assumes the payment of said bonds and interest coupons and promises the holders thereof that said City will make prompt payment of the bonds and interest coupons at the reqpective times set out herein, and it; is hereby made the duty of the proper city officials to levy annually, at time of making the levy for other city taxes, a tax sufficient to pay the interest and principal of said bonds as the same severally mature,. Section C. That the 151ayor and City Clerk of the City of Salina are hereby at0horized and directed upon the taking effect of this ordinance to send a certified copy of the trap -script of the pro- needings requIred by law,, preliminary to the issuance of bonds herein provided for., by registered mail to the State School Fund Commission, and that if said State School Fund Commission shall not ;Torithin ten (10) days after receiving such transcript notify such officers in writing that such Commission desires to purchase the issue of bonds authorized by said transcript, then the Board of Commissioners of the City of alina, Kansas shall proceed to sell such bonds for cash S in the manner provided by Chapter 93 of the La,:,rs of Kansas 1925, and shall upon the payment of the purchase price thereof in cash, to the City Glerk, deliver said bonds to such purchaser. 6ection 7, This ordinance shall be in force from and after its publication in the official City paper, Introduced for first reading October 5th, 1925. Passed and approved October 12th, 1925, Mayor. ;;Z=z Attest: L Clerk. City UlerZLe