3288 Issue Improvement BondsORDINANCE NO. 3288
(Published -in -the Salina Journal 97;„1.Ih[ -
AN ORDINANCE providing for the issuance of improvement bonds of the
City of Salina, Kansas in the sum of $18,977.99 to pay
the cost of improving certain streets and constructing
a certain storm sewer in said city.
WHEREAS: In pursuance of proceedings duly had according to law,
contracts have been let and performed for the;
Excavating, grading and paving of Baker Street in said city from
south line of South Street to North line of Morrison Avenue;
Curbing, excavating, grading and graveling with sand clay of
Ellsworth Avenue in said city from east line of Santa Fe Avenue
o West sborne Street;
Excavating, grading and graveling with sand clay type surface
of Third Street in said city from the south line of Iron Avenue
thence south t3 Smoky Hill River;
Curbing, guttering, excavating, grading and graveling of Ash
Street in said city from the west line of right-of-way of Missouri
ac c Railway Company to east line of Olive street;
Curbing, excavating, grading and graveling with sand clay of
Colle a Avenue in said city from south line of South Street to
nor linetor orrison Avenue;
Building and constructing a lateral storm sewer in lateral
storm sewer district No. 2 in said city; and
WHEREAS: The total cost of said improvements has been ascertained,
and the portion thereof to be paid by general tax to be levied upon
all of the taxable property within said city for the improvement of
squares and areas formed by the crossing of streets and alleys, for
which bonds will be issued as hereinafter provided, has been ascer-
tained and is hereby determined and found to be the sum of $1731.70,
of which $1027.19 is for street improvements on Baker Street and
Ellsworth Avenue payable in 10 years, and $704.51 is for street
improvements on Ash Street, Third Street and College Avenue payable
in 5 years; and
WHEREAS: The portion thereof to be paid by special assessment
levied upon the lots and pieces of ground liable for the payment
of the street improvements on Baker Street and Ellsworth Avenue,
has been ascertained and is hereby found and determined to be the
sum of $7,744.65, which said last amount has been heretofore duly
assessed and apportioned to the several lots and pieces of ground
on such streets liable therefore, 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 sum
$304.91 has been paid by the property owners of said last named
streets, leaving a balance of $7,439.74 for which bonds will be
issued; and
WHEREAS: The portion thereof to paid by special assessments
levied upon the lots and pieces of ground liable for the payment
of the street improvements on Third Street, Ash Street and College
Avenue, as hereinabove designated has been ascertained and is hereby
determined and found to be the sum of $6,673.85 which said last amount
has been heretofore duly assessed and apportioned to the several
lots and pieces of ground on such streets liable therefore, payable
in five equal installments, according to law and as provided in the
ordinances of the City of Salina relating thereto, duly passed and
approved, of which sum $330.25 has been paid by the property owners
of said last named streets leaving a balance of $6,343.60 for which
bonds are to be issued and;
WHEREAS: The portion thereof to be paid by special assessment
levied upon all the lots and pieces of ground liable for the pay-
ment of said lateral storm sewer in lateral storm sewer district
No. 2 has been ascertained and is hereby found and determined to be
the sum of $p3,607.96, whicHslhsteb porintnhas been heretofore duly
assessed and apportioned to the several 1 ots and pieces of ground
liable therefore, payable in ten equal installments, according to
law and as provided in the ordinance of City of Salina relating
hereto, duly passed and approved, of which sum §145.01 has been
paid leaving a balance of $p`3462.95 for which bonds are to be issued;
and
WHEREAS; The amount of said special assessments for which bonds
will be issued as herein provided, in anticipation of said special
assessments which remain unpaid, has been ascertained and hereby found
and determined to be the sum of $17,246.29, the difference between last
named amount and total amounts assessed against private property for the
improvements hereinabove mentioned having been paid by the property
owners liable for such improvements, whose property has been discharged
from any further assessment for the cost of said improvements in the
amounts so paid, NOW THEREFORE;
BE IT ORDAINED by the Board of Commissioners of the City of Salina,
Kansas;
Section 1. That the cost of such improvements, after deducting
therefrom the assessments heretofore paid thereon as aforesaid, in -
eluding the cost of improvements of the squares and areas formed by
the crossing of streets and alleys and of city property, shall, in-
stead of levying the entire cost at one time be paid in ten substantially
equal annual installments as to the street improvements on Baker Street
and Ellsworth Avenue and the storm sewer in lateral storm sewer district
No. 2 as hereinabove described, and in five substantially equal annual
installments as to the street improvements on.Third Street, Ash Street -
end College Avenue as hereinabove described; that the first of such
installments be paid with the taxes for the year 1926 and one in-
stallments be paid with the taxes for each7succeeding year thereafter
until the whole amount thereof shall have been paid, and that for such
improvements there shall be and are liereby issued Improvement Bonds
for the City of Salina, Kansas in the aggregate sum of $18,977.99.
Section 2. Said issue of bonds shall consist of twenty-two
bonds all bearing interest at the rate of four and one-half per cent
(,a:,!%) per annum, interest payable semi-annually on the 1st days of
July and January of each year after the date of said bonds; except
that the first interest payment. as hereinafter described shall be due
and payable on the fist day of July, 1927, and thereafter all interest
shall be payable semi-annually as above provided for. All of said
bonds shall be dated'July 1st, 1926. Said bonds shall be numbered,
the amount due each year and the dates of maturity of said bonds shall
be as follows;
Number
AMOUNT
DATE
OF MATURITY
1
$ 477.99
July
1st,
1927
2
1000.00
July
1st,
1927
3
1000.00
July
1st,
1927
4
500.00
July
1st,
1928
5
1000.00
July
1st,
1928
6
1000.00
July
lst,
1928
7
500.00
July
1st,
1929'
8
1000.00
'July
1st,
1923
9
1000.00
July
1st,
1929
10
500.00
July
1st,
1930
11
1000.00
July
1st,
1930
12
1000:00
July
1st,
1930
13
500.00
July
1st,
1931
14
1000.00
July
1st,
1931
15
1000.00
July
lst,
1931
16
1000.00
July
lst,1932
E
NUMBER
AMOUNT
DATE
OF MATURITY
17
1000.00
July
1st,
1933
18
1000.00
July
1st,
1934
19
_500.00
July
lst,
1935
20
1000.00
July
1st,
1935
21
500.00
July
lst,
1936
22
1000.00
July
1st,
1936
Section 3. Said bonds shall be signed by the Mayor and
attested by the Clerk of the City of Salina, Kansas and shall have
the -corporate seal of said City attached thereto. Interest coupons
to said bonds shall be signed by the lithographed signatures of said
Mayor and Clerk and both bonds and coupons shall be paid at the fiscal
agency of the State of Kansas in the City of Topeka, Kansas.
Section 4. Said bonds shall be executed in the form and shall
contain recitals substantially as follows:
No.
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE
CITY OF SALINA
INTERNAL -IMPROVEMENT -BOND
KNOW ALL MEN BY THESE PRESENTS: That the City of Salina, in
the County of Saline, State of Kansas, for value received hereby
acknowledges itself to be indebted and promises to pay the bearer
the sum of $ in lawful money of
the United S a es of America on the rs ay of ,
with interest thereon from the date hereof at the ra e o our anCL one-
half per cent per annum, payable semi-annually on the first days of
January and July of each year after the date hereof until the said
.prinicpal sum shhll have been paid, (except that the first interest
coupons shall become due on July 1st, 1927) upon presentation and
surrender of the interest coupons hereto attached, bearing the
litographed signatures of the Mayor and City Clerk of said City,
as said coupons severally become due; both principal and interest
of this bond being payable at the office of the State Treasurer in
the City of Topeka, Kanaas. And said City of Salina in the State
of Kansas is held and firmly bound by these presents, and the full
faith, credit and recources of said City are hereby irrevocably
pledged for the prompt payment of said principal and interest at
maturity.
THIS BOND is one.of a series of 22 bonds of like date and
tenor, except denomination and maturity, aggregating the principal
sum of $18,977.99 issued by the City of Salina, Kansas for the
purpose of paying the cost of improving certain streets in said
City and the building arid_,,constructing of a certain lateral storm
sewer in said city by the authority of and in full compliance with
the provisions, restrictions and limitations of the Constitution
and Laws of the State of Kansas, including Sections 10-101 to 10-
115 and Sections 12-601 to 12-610 and Sections 13-1011 of the ReT
vised Statutes of Kansas, 1923, and all other provisions;of the
laws of said State applicable thereto and this bond and'all other
bonds of said series and all interest thereon are to be paid by
said City of Salina, Kansas.
AND IT IS HEREBY DECLARED AND CERTIFIED, that all acts,
conditions and things required to be done.and to exist precedent to
and in the issuance of 3this bond, have been done and performed.and
do exist in due and regular form and manner and that the total in-
debtedness of said City, including this series of bonds does not
exceed any constitutional or statutory limitation.
IN WITNESS WHEREOF, the said City of Salina in the State
of Kansas by its Board of Commissioners has caused this bond to
be signed by its Mayor and its corporate seal to be hereto affixed,
attested by its City Clerk, and the coupons hereto attached to be
signed with the lithographed signatures of said officers and this
bond to be dated this first day of
Attest:
City Clerk
Mayor
Section 5. The first interest coupon to be attached to
bonds 1 to 22 inclusive, which mature 1st, 1927 shall be
substantially as follows:
NO
On the first day of t#e City of
Salina, Kansas will pay the bearer
at the fiscal agency of the State of Aansas In the City of Topeka,
Kansas the same being one years interdst on its Internal Improvement
Bond dated 12 1926.
NO.
Mayor
City cierk
The remaining interest coupons to be attached to said bonds
shall be substantially as follows:
NO
On the first day of 19 the City of Salina,
Kansas will pay the bearer$ at the fiscal
agency of the State of Kansas, in the City of ope a, nsas, the same
being six months interest on its Internal Improvement Bond dated
Mayor
NO City Clerk
Section 6. The Mayor and City Clerk are hereby authorized,
directed and empowered without unnecessary delay, to prepare and
execute said bonds, and coupons as in this ordinance provided and
when executed, said bonds shall be registered with the City Clerk
of the City of Salina, Kansas and with the Auditor of the State of
Kansas as required by law, and shall be by the Mayor of said City
delivered to the contractor or contractors constructing such im-
provements in proportion to the amounts due such contractor or
contractors in payment of the amount due them for such work and
improvements;
PROVIDED, however that such bonds shall not be sold or de-
livered to such contractor or contractors at less than par value
thereof nor in a greater sum or amount than the whole amount due
to said contractor or contractors under their respective contracts
withs aid City, or the Board of Commissioners may sell said bonds
at not less than their par value and out of the proceeds thereof
pay said contractor or contractors for said work and improvements.
Section 7. Said Board of Commissioners shall make provisions
for the payment of the principal and interest on said bonds as
the same becomes due and payable by levying a tax on the property
liable therefor.
Section 8. This ordinance shall take effect and be in full
force from and after its publication once in the official City
paper.
Introduced for first reading August 20th, 1926
Passed and approved September 8th, 1926.
Guy T. Helvering
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. 3288 bassed and approved by the Board of
Commissioners of the City of Salina, Kansas, September 8th, 19260 and
a record of the vote on its final adoption is found on page _2 2 i of
Journal No. 11
City Clerk
(Published in the Salina Journal 1926)
ORDINANCE NO. 3288
AN ORDINANCE providing for the issuance of improvement
bonds of the City of Salina, Kansas in the sum of $180977.99
to pay the cost of improving certainstreets and constructing
a certain storm sewer in said city.
WHEREAS: In pursuance of proceedings duly had according
to law, contracts have been let and performed for the;
Excavating, grading and paving of Baker Street in said
city from south line of South Street to North line of
Morrison Avenue;
Curbing, excavating, grading and graveling with sand
clay of Ellsworth Avenue in said city•'from east line.of
Santa Fe Avenue to west line of Osborne Street;
Excavating,. grading and graveling with sand clay type
surface of Third Street in said city from the south line of
Iron Avenue thence south to Smoky Hill�River;
Curbing, guttering, excavating, grading and graveling
of Ash Street in said city from the west line of right-of-
way of Missouri Pacific Railway Company to east line of Olive
Street;
Curbing, excavating, grading and graveling with sand
clay of College Avenue in said city from south line of
South Street to north line of Morrison Avenue;
Building and construction a lateral storm sewer in
lateral storm server district No. 2 in said city; and
WHEREAS: The total cost of said improvements has been
ascertained, and the portion thereof to be paid by general
tax to be levied upon all of the taxable property within
said city for the improvement of squares and areas formed
by the crossing of streets and alleys, for which bonds :will
be issued as hereinafter provided, has been ascertained and
is hereby determined and found to be the sum of $1731.70,
of which $1027.19 is for street improvements on Baker Street
and Ellsworth Avenue payable in 10 years, and $704.51 is for
street improvements on Ash Street, Third Street and,_College
Avenue payable in 5 years; and ,
.r
WHEREAS: The portion thereof to be paid by special
assessment levied upon the lots and pieces of ground liable
for the payment of the street improvements on Baker Streets
and Ellsworth Avenue, has been ascertained and is hereby
found and determined to be the sum of $7,744.65, which said
last amount has been heretofore duly asyspssed and apportioned
to the several lots and pieces of ground oh such streets
liable therefore, payable in ten equal installments, accord-
ing to law, and as provided in the ordinances of the City of
Salina relating thereto, duly passed and approved, of which
sum $304.91 has been paid by the property owners of said last
named streets, leaving a balance of $7,439.74 for which bonds
will be issued; and
r
WHEREAS: The portion thereof to paid by special
assessments levied upon the lots and pieces of ground liable
for the payment of the street improvements on Third Street,
Ash Street and College Avenue, as hereinabove designated,
has been ascertained and is hereby determined and found to
be the sum of :6,673.85 which said last amount has been
heretofore duly assessed and apportioned to the several
lots and pieces of ground en such.streets liable therefore,
payable in five equal installments, according to law and as
provided in the ordinances of the City of Salina relating
thereto, duly passed and approved, of which sum $330.25 has
been paid by the property o�mers of .said last named streets
leaving a balance of $6,343.60 for which bonds are to be
issued and;
j'4HEREAS: The portion thereof to be paid by special
assessment levied upon all the lots and pieces of ground
liable for the payment of said lateral storm sewer in
lateral storm sewer district No. 2, has been ascertained
and is hereby found and determined to be the sum of $3,607.96,
which last amount has been heretofore duly assessed and
apportioned to the several lots and pieces of ground liable
therefore, payable in ten equal installments, according to
law and as provided in the ordinance of City of Salina re-
lating hereto, duly passed and approved, of which sum
$145.01 has been paid leaving a balance of $3462.95 for
which bonds are to be issued; and
WHEREAS: The amount of said special assessments for
which,bonds will be issued as herein provided, in anticipation
of said special assessments which remain unpaid, has been
ascertained and hereby found and determined to be the sum
of :17,246.29, the difference between last named amount and
total amounts assessed against private property for the
improvements hereinabove mentioned having been paid by the
property owners liable for such improvements, whose property
has been discharged from any further assessment for the cost
of said improvements in the amounts so paid, NOW THEREFORE;
BE IT ORDAINED by the Board of Commissioners of the City of
Salina, Kansas:
Section 1. That the cost of such improvements, after
deducting therefrom the assessments heretofore paid thereon
as aforesaid, including the cost if improvements of the
squares and areas formed by the crossing of streets and
alleys and of city rroperty, shall, instead of levying
the entire cost at one time be paid in ten substantially
equal annual installments as to the street improvements
on Baker Street and Ellsworth Avenue and the storm sewer
in lateral storm sewer district No. 2 as hereinabove des-
cribed, and in five substantially equal annual installments
we
0_�
as to the street improvements on Third Street, Ash Street
and College Avenue as hereinabove described; that the first
of such installments be paid with the taxes for the year
1926 and one installment wiVh the taxes for each succeeding
year thereafter until the whole amount thereof shall have
been paid, and that for such improvements there shall be
and are hereby issued Improvement Bonds for the City of
Salina, Kansas in the aggregate sum of $180977.99.
Section 2. Said issue of bonds shall consist of twenty-
two bonds all bearing interest at the rate of four and one-
half per cent (4—,',%) per annum, interest payable semi-
annually on the let days of `'July and Jariuury of
each year after the date of said bonds; except that the first
interest payment as hereinafter described shall be due and
payable on the let day of '"July , 1927, and there-
after all interest shall be payable semi-annually as above
provided for. A11 of said bonds shall be dated July,
lst, 1926.. Said bonds shall be numbered, the amount due each
yearaand the dates of maturity of said bonds shall be as
follows:
Number AMOUNT
1
$" 477.99-
2
1000.00-
3
1000.00-
4
500.00-
5
1000.00
6
1000.00-
7
500.00 -
8
1000.00-
000.00-9
9
1000.00- -
10
500.00-
11
1000.00-
000.00,12
12
1000.00-
000.00-13
13
500.00-
00.00--14
14
1000.00-
15
1000.00 - -
16
100-0.00
17
1-000.00
18
1000.00
19
500.00
20
1000.00
21
500.00
22
1000.00
DATE OF MATURITY
4w July
1st,
1927
July
let,
1927
July
1st,
1927
July
let,
1928
July
1st,
1928
July
1st,
1928
July
let,
1929
July
lst,
1929
July
1st,
1929
J„lX
1st,
1930
_ July
1st,
1930
July
1st,
1930
July
let,
1931
'July
let,
1931
July
lst,
1931
July
1st,
1932
J13 y
1st,
1933
July
let,
1934
J„I g
1st,
1935
r„I�r
1st,
1935
^1st,
1936
jaIN
lst,
1936
a
Section 3. Said bonds shall be signed by the Mayor
and attested by the Clerk of the City of Salina, Kansas and
shall have the corporate seal of said City attached thereto.
Interest coupons to said bonds shall be signed by the
lithographed signatures of said Mayor and Clerk and both
bonds and coupons shall be paid at the fiscal agency of the
State of Kansas in the City of Topeka, Kansas.
Section 4. Said bonds shall be executed in the form
and shall contain recitals substantially as follows:
No .
UNITED STATES OF AMERICA
STATE OF KANSAS
COUNTY OF SALINE.
CITY OF SALINA
INTERNAL—IMPROVEMENT—BOND
KNOW ALL MEN BY THESE PRESENTS: That the City of
Salina, in the County of Saline, State of Kansas, for value
received hereby acknowledges itself to be indebted and
promises to pay the bearer the sum of
in lawful money of the nited States o America
on the rs ay of ,, with interest thereon
from the date hereof at the rate-77—four and.one-half
per cent per annum, payalbe semi-annually on a ra Ays
of (Januar-and,JuT ): of each year after the date
j4(eceereo un a sa pr nc pal sum shall have been paid,
_(except that the first interest coupons shall become due on
V` Jul. ' 1)s t1, �l90 ) upon presentation and surrender
of,the Interest coupons neretofattached, bearing the litho-
graphed signatures of the Mayor and City Clerk of said City,
as said coupons severally become due; both principal and
interest of this bond being payable at the office of the
State Treasurer in the City of,Topeka, Kansas. And said
City of Salina in the State of Kansas is held and firmly
bound by these presents, and the full faith, credit and
recources of said City are hereby irrevocably pledged for
the prompt payment of said principal and interest at maturity.
0
r
THIS BOND is one of a series of L22 ) bond5of like
date and tenor, except denomination an ma ur y, aggregating
the principal sum of $ 38, 977.99 issued by the C ty of
Salina, Kansas for the purpose o paying the cost/of improving
certain_ streets in said City and the building and constructing
ofolcertain latera storm sewer 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 and Sections 12-601
to 12-610 and Section 13-1011 of the Revised Statutes of Kansas
1923, and all other provisions of the laws of said State
applicable thereto and this bond and all other bonds of said
series and all interest thereon are to be paid by said City
of Salina, Kansas.
AND IT IS HEREBY DECLARED AND CERTIFIED, that all acts,
conditions and things required to be done and to exist pre-
cedent to and in the issuance of this bond, have been done
and performed and do exist in due and regular form and .manner
and that the total indebtedness of said City, including this
series of bonds does not exceed any constitutional or statutory
limitation.
INWITNESS WHEREOF, the said City of Salina in the State
of Kansas by its Board of Commissioners has caused this bond
to be signed by its Mayor and its corporate seal to be hereto
affixed, attested by its City Clerk, and the coupons here to
attached to be signed with the lighographed signatures of said
officers and this bond to be dated this first day of
Attest:
Mayor
City Clerk/
Section 5. The first interest coupon to be attached to
bonds 1 to 22" inclusive, which mature „ 1st, 1927
shall be substantially as follows:
NO
On the first day of , the City
of Salina.. Kansas will pay the beareFy
at the fiscal agency of the State of Kansas in e y o
Topeka, Kansas the same being one years interest on its
Internal Improvement Bond dated ;,. 1, 1926
NO
Mayor
City Clark
The remaining interest coupons to be attached to said
bonds shall be substantially as follows:
NO
On the first day of 19 the City of
Salina, Kansas will paya Barer p
at the fiscal agency of the State or Lansas, in the City o
Topeka, Kansas, the same bA.ng six months interest on its
Internal Improvement Bond dated
Mayor
City Clerk
Section 6. The Mayor and City Clerk are hereby author-
ized, directed and empowered without unnecessary delay, to
prepare and execute said bonds, and coupons as in this
ordinance provided and when executed, said bonds shall be
registered with the City Clerk of the City of Salina, Kansas
and with the Auditor of the State of Kansas as required by
law, and shall be.by the Mayor of said City delivered to the
contractor or contractors constructing such improvements in
proportion to the amounts due such contractor or contractors
in payment of the amount due them for such work and improve-
ments;
PROVIDED, however that such bonds shall not be sold or de-
livered to such contractor or contractors at less than par
value thereof nor in a greater sum or amount than the whole
amount due to said contractor or contractors under thier
respective contracts with said City, or the Board of
Commissioners may sell said bonds at not less than their
par value and out of the proceeds thereof pay said contractor
or contractors for said work and improvements.
Section 7. Said Board of Commissioners shall make pro-
visions for the payment of the principal and interest on said
bonds as the same becomes due and payable by levying a tax
on the,.property liable therefor.
Section 8. This ordinance shall take effect and be in
full force from and after its publication once in the official
City paper. ,
Introduced for first reading August 30th, 1926
Passed and approved September, 8th?p 1-926
. y
-- Attestr
U y Ulerx