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2846 Issue Improvement Bonds2 �l ORDINANCE, NO.. 2846— An 846 An Ordinance providing for the issuance of Improvement Bonds of the City of Salina, Kansas in the sum of $288,698.87 to pay the cost of improving certa.in.streots in,said,City, WHEREAS, in pursuance of proceedings duly had according to law, contracts have been let and performed for the curbing, guttering, excavating, grading and paving of: BELOIT AVENUE in the City of Salina, Kansas from the east line of Santa Fe Avenue to the west line of the McPherson Branch Right-ofway of the Union Pacific Railroad Company in said City; CEDAR STREET in the Uity of Salina, Kansas from the west line of Baker Street to the east line of Phillips Street in said City; CHARLES STREET in the City of oalina, Kansas from the west line of Ninth Street to the east line of Eleventh Street in said City; CRAWFORD AVENUE in the City of Salina, Kansas from the west line of Ninth Street to the west line of Tenth Street in said City; COLLEGE AVENUE in the City of Salina, Kansas from the south line of Walnut Street to the north line of South Street in said City; ELm STREET in the City of Salina, Kansas from the west line of Ninth Street to the east line of College Avenue in said City; ELEVENTH STREET in the City of Salina, Kansas from the south line of Prescott Avenue to the north line of Crawford Ave- nue in said City; FOURTH STREET in the City of Salina, Kansas from the south line of Iron Avenue to the north line of South Street in said City; GYPSUM AVENUE in the City of Salina, Kansas from the east line of Iron Avenue to the north line of South Street in said City; JEWELL AVENUE in the City of Salina, Kansas from the west line of Santa Fe Avenue to the east line of Ninth Street in said City; MORRISON AVENUE in the City of Salina, Kansas from the east line of Eleventh Street to the west line of Twelfth otreet in said City; NINTH STREET in the City of Salina, Kansas from the south line of Crawford Avenue to the south line of Wilson Street in said City; PENN AVENUE in the City of Salina, Kansas from the north line of Ash Street to the south line of Elm Street in said City; PHILLIPS STREET in the City of Salina, Kansas from the south line of Bishop Street to the north line of Park Street insaid City; TENTH S'TRE i' in said City of Salina, Kansas from the south line of Crawford Avenue to the north .line of Frost Street in said City; NINTH STREET in the City of Salina, Kansas from the south line of Wilson Street to the north line of Republic Avenva in said City; TWELFTH STREET in the City of Salina, n ansas from the south line of South Street to the north line of Morrison Avenue in said City; PHILLIPS STREET in the City of Salina, Kansas from the north line of Ash Street to the South line of Park Street in said City; MINNEAPOLIS AVENUE in the City of Salina, Kansas from the west line of aantaaFd Avenue to the east line of Highland Avenue in said City; WILSON STREET in the City of Salina, Kansas from the west line of Highland Avenue to the east line of Ninth Street in said City; for `the excavating, grading and paving of: ELEVENTH STREET in the City of Salina, Kansas from the south line of Iron Avenue to the north line of Walnut Street in said City;' THIRD STREET in the City of Salina, Kansas from the south line of Walnut Street to the south line of Mulberry Street in said City, and for the excavating, grading, paving and park -curbing of: ASH STREET in the City of Salina, R ansas from the east line of Penn Avenue to the west line of Ohio otreet in said City; CLAFLIN AVENUE in the City of Salina, Kansas from the west line of Highland Avenue to the west line of Fourth Street in said City; ASH STREET in the City of Salina, Kansas from the west line of Oakdale Avenue to the west line of Penn Avenue in said City, and WHEREAS, the total cost of said improvements has been ascertained and the portion thereof to be paid by a 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 and for City property for which bonds are to be issued as hereinafter provided has been ascertained and is hereby determined and found to,be the sum of $49,288.50, and K1 WHEREAS, the portion thereof to be paid by special assessments levied upon the lots and pieces of ground liable therefor has been ascertained and is hereby found and determined to be the sum of $2690566.33, 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 ton equal installments according to law.and as provided in ordinances of the City of Salina, Kansas duly passed and approved, and WHEREAS, the amount of said special assessments for which bonds are to be issued as herein provided in anticipation of said special assessments which remain unpaid has been ascertained and is hereby determined and found to be the stun of $239,410.37, the difference be- tween said last two named amounts having been paid by the property owners of said above named streets whose property has been discharged from any further assessmentsfor the cost of said improvements in the amount so paid, NOW THEREFORE, BE IT ORDAINED by the Board of Commissioners of the City of Salina, Kansas: Section 1. That tale cost of such improvements after deducting therefrom the assessments heretofore paid thereon as aforesaid, includ- ing the cost of the improvement of the squares and areas formed by the crossings of streets and alleys and of said City property, shall be paid in ten equal annual installments instead of levying the entire cost at one time; the first installment of which is to be paid with the taxes for the year 1923 and -one installment with the taxes for each succeeding year thereafter until the whole amount thereof shall have been paid and that for such installments there shall be and are hereby issued Improvement Bonds of the City of Salina, Kansas in the aggregate sum of 4¢2881698.87 as hereinafter provided. Section 2: Said issue of bonds shall consist of one bond of the denomination of $?698.87, forty bonds of the denomination of $500.00 each andthe remaining two hundred sixty-eight (268).bonds shall be of the denomination of $1,000.00 each, all bearing inter- est payable semi-annually on the first days of April and October of each year, after the date of said bonds, except that the first interest payment shall be due and payable the first day of April, 1924. All of said bonds shall be dated April lst, 1924. Said bonds shall be numbered in amount due each year and mature as follows. No. 1 698.87 1924. to 2,3,4,5 500.00 each It 6 to 30 both inc 10000.00 it if 31, 32, 33, 34 500.00 It it 35 to 61 both inc 1,000.00 to It 62, 632 640 65 500.60 1926 " 66 to 92 both inc 1,000400" 1927 93,84,95096 500.00 1927 " 97 to 123 both inc 12000.00 1928 124y125,126,127 500.00 If to 128 to 164 both inc 10000.00 It it 155,156,157,158 500.00 1929 It 159 to 185 both inc 11000.00 " It 186,187,188,189 500.00 1930 to 190 to 216 both inc 1,000.00 1931 it 2172218,219,220 500.00 " It 221 to 247 both inc 10000.00 1932 248,24992500251 500.00 1932 " 252 to 278 both inc 1,000.00 1933 278, 280, 281, 282 500.00 1933 " 283 to 309 both inc 12000.00 Due April 1, 1924. 11 April 11 1924. it April 12 1924. April 11 1925 April 1, 1925 April 1,.1926 at April 1, 1926 April 1, 1927 April 1, 1927 " April 1, 1928 April 1, 1928 April 1, 1929 April 1, 1929 to April 11 1930 to April 1, 1930 it April 1, 1931 to April 1, 1931 April 1, 1932 April 10 1932 April 10 1933 April 1, 1933 Section 3. Said bonds shall be signed by the Mayor and attested by the Clerk of the City of balina, Kansas and shall have the corporate seal of said City attached thereto. Interest coupons to said bonds shall be signed by said Clerk and both bonds and coupons shall be paid at the fiscal agency of the btate 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: UNITED STATES OF AMERICA STATE OF KANSAS CITY OF SALINA INTERNAL R1PRG V_a1ENT BOND NO KNOW ALL MEN BY THESES PRESENTS; That the City of 0alina in the County of Saline and State of Kansas for value received hereby acknowledges itself to be indebted and promises to pay the sum of in lawful money of the United States of America on the 1st Say of April A. D'. 19. , with interest at the rate of four and three-quarters (44) per centum per annum, the first in- stallment of which shall be payable April 1st, 1924 and interest payable semi-annually thereafter until the principal sum shall have been paid, upon the presentation and surrender of the proper interest coupon hereto attached bearing the lithographed signature of the Clerk of sad City, as they severally become due:and payable. Both principal and interest are payable at the fiscal agency of the State of Kansas in the City of Topeka, Kansas; and the Uity of Salina, Kansas is held and firmly bound and its faith and credit and all real and personal property in said City are hereby pledged for the prompt payment of the principal and interest of this bond upon its maturity. This bond is one of a series of three hundred nine (309) bonds of like date and tenor, excepting the denomination and maturity aggregating in the principal sum of $288,698.87, issued by said City of Salina, Kansas to pay for street improvements in and for said City under and by the authority of and in compliance with the provisions of the lavas of the State of Kansas governing Cities of the first class and in compliance with an ordinance duly and legally passed by the Board of Commissioners of said City on the 27th day of August, 1923. 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 and do exist in regular form as required by the constitution and laws of the State of Kansas and that the total indebtedness of said City, in- cluding this series of bonds does not exceed.any.constitutional or statutory limitation. IN WITNESS WHEREOF, said City of Salina, by its Board of Commissioners has.caused this.bond to be signed by its Ylayor and attested by its Clerk and its corporate seal is hereto attached. Dated this Ist day of April, A. D., 1923. Mayor ATTEST: City Ulerk Section 5. T)ae first interest coupon to be attached to said bonds shall be substantially as follows: On the 1st day of April, 1924 the pay the bearer $ at the fiscal in the City of 'lope7aKansas, the same its Internal Improvement bond dated, NO NO City of Salina, Kansas will agency of the State of Kansas being one year's interest on , 19 City Clerk_ The remaining interest coupons to be attached to said bond shall be substantially as follows: NO On the 1st day of , 19 the City of Salina, Kansas will pay to the bearer -" at the fiscal agency of the State of Kansas in the City o Tope a, Kansas the same being six month's interest on its Internal Improvement Bond dated, . 19 NO - city (Zed - Section 6. The Mayor and.City Clerk of the City of 5aliria, Kansas are hereby authorized and directed without.unnecessary de- lay to'prepare and execute said bonds and coupons, and that when executed said bonds shall be registered with the City Clerk of the City of Salina, Kansas and shall be registered with the "udi- for of the State of &ansas, as required by law, and shall be delivered to the contractor, M. R. Amerman, constructing such improvements in proportion to the amounts due him for such work -md improvements, PROVIDED HOWEVEH, that said bonds shall not be delivered to said contractor in a greater amount or sum than the amount due and owing for the cost of said improvements.. Section 7. Said Board of Commissioners shall make provis- ions 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 B. 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, 1923. Passed and approved, August 27th, 1923. (SEAli) , J. S. Hargett Mayor. ATTEST: _ Chas. E. Banker— City ankerC ty Clerk V STATE OF YkNSAS ) )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 Number 2846, passed and approved by the Board of Commissioners of the City of Salina, Kansas, Aug- ust 27th, 1923 and a record of the vote on its final adoption is found on page'd2.000f Journal Number 10. (First published in The Salina Evening Journal to 1923) ORDINANCE NO._,V, 6:M An Ordinance providing for the issuance of Improvement Bonds of the City of Salina, Kansas in the sum of (288,698.87 to pay the cost of improving certain streets in said City. WHEREAS, in pursuance of proceedings duly had according to law, contracts have been let and performed for the curbing, guttering, excavating, grading and paving of; BELOIT AVENUE in the City of Salina, Kansas from the east line of Santa r'e Avenue to the west line of the McPherson Branch Right -o£ -way of the Union Pacific Railroad Company in said City), CEDAR STREET in the City of Salina, Kansas from the west line of Baker Street to the east line of Phillips Street in said City; CHARLES STREET in the City of Salina, Kansas from the west line of Ninth Street to the°east line of Eleventh Street in said City; CRAWFORD AVENUE in the City of Galina, Kansas from the west- line of Ninth Street to the west line of Tenth Street in said -City; COLLEGE AVENUE in the City of Salina, Kansas from the south line of Walnut Street to the north line of South Street in said City; ELM STREET in the City of Salina, Kansas from the west line of Ninth Street to the east line of College Avenue in said city; ELEVENTh STREET in the City of Salina, Kansas from the south line of Prescott Avenue to the north line of Crawford Avenue in said City; FOURTH, STREET in the City of Salina, Kansas from the south line of Iron Avenue to the north line of South Street in said City; GYPSUM AVENUE in the City of Salina, Kansas from the east line of Front Street to.the east line of Columbia Avenue in said City; JEWELL AVENUE in the City of Salina, Kansas from the west line of Santa Fe Avenue to the east line of Ninth Street in sai& City; MORRISON AVENUE in the City of Salina.. Kansas from the east _line of Eleventh Street to the west line of Twelfth 6treet in said City; NINTH STREET in the City of Salina, Kansas from the south line of Crawford Avenue to the south line of Wilson Street in maid City; PENN AVENUE; in the City of Salina.. Kansas from the north line of Ash Street to the south line of Elm Street in said City; PHILLIPS STREET in the City of Salina, riansas from the south line of Bishop Street to the north line of Park Street in said City; 9 TENTH STREET in said City of Salina, Kansas from the south line of Crawford Avenue to the north line of Frost Street in said City; NINTH STREET in the City of Salina, Kansas from the south line of Wilson Street to the north line of Republic Avenue in said City; TWELFTH STREET in the City of Salina, Kansas from the south line of South Street to the north line of Morrison Avenue in. 'said City; PHILLIPS STREET in the City of Salina, nansas from the north line of Ash Street to the south line of Park Street in said City; WILSON STREET in the City of Salina, Kansas from the west line of Highland Avenue to the east line of Ninth Street in said City; MINNEAPOLIS AVENUE in the City of Salina, Kansas from the west line of Santa Fe Avenue to the east line of Highland Avenue in said City; for the excavating, grading and paving of: ELEVENTH STREET'in the City of Salina.. -Kansas from the south line of Iron Avenue to the north line of walnut Street in said City; THIRD STREET in the City of Salina, nansas from the south line of Walnut Street to the south line of Mulberry Street in said City; and for the excavating, grading, paving and park -curbing of: ASH STREET. in the City of Salina, Kansas from the east line of Penn Avenue to the west line of Ohio Street in said City; CIAFLIN AVENUE in the City of Salina, Kansas from the west line of riighland Avenin to the west line of Fourth Street in said City; ASH STREET in the City of Salina, Kansas from the west line of Oakdale Avenue to the west line of Penn Avenue in said City, and WHEREAS, the total cost of said improvements has been ascertained and the portion thereof to be paid by a 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 and for City property for which bonds are to be issued as hereinafter pro- vided, has been ascertained and is hereby determined and found to be' i*4 the sum of , end WHEREAS, the portion thereof to be paid by special assessments levied upon the lots and pieces of ground liable therefor has been ascertained and is hereby found and determined to be the sum df X37 g9�71 $269,566.33, 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 annual installments. according to law and as provided in ordinances of the City of Salina, Kansas duly passed and approved, and WHEREAS, the amount of said special assessments for which bonds; are to be issued as herein provided in anticipation of said special assessments which remain unpaid has been ascertained and is hereby determined and found to be the sum of 42Z9I410.37, the difference be- tween said last two named amounts having been paid by the property owners of said above named streets whose property has been discharged from any further assessments for the cost of said improvements in the amount 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 .,iholudy ing the cost of the improvement.of the squares and areas formed by the crossings of streets and alleys and of said City property, shall be paid in ten equal annual installments instead of levying the entire cost at one time; the first installment of which is to be paid with the taxes for the year 1923 and one installment with the taxes for each succeeding year thereafter until the whole amount thereof shall have been paid and that for such installments there shall be and are hereby issued Improvement Bonds of the City of Salina, Kansas in the aggregate /, 3 3or9.• �7 . sum of : 28&,6.98.87- as hereinafter provided. / Section 2. Said issue of bonds shall consist of one bond of the denomination of 4698.87, forty bonds of the denomination of x$500.00 each and the remaining two hundred sixty-eight (268) bonds shall be of the denomination of $1,000.00 each, all bearing interest at the rate of four and three-quarters per centum per annum, interest payable semi-annually on the first days of April and October of each year, after the date of said bonds, except that the first interest payment shall be due and payable the first day of April, 1924. All of said bonds shall be dated April 1st, 1923. Said bonds shall be numbered in amount due each year and mature as follows: No. 1 698.87 ...................due April 10 1924 2, 3, 4, 5 ......... 500.00 each " April 1, 1924 6 to 30 both inc. .. 19000.00 It ........0000.. " April 1, 1924 it 31,320 33, 34 0000., 500.00 it 000........0.. " April 1, 1925 It 35 to 61 both incl.. 13,000.00 It .............. " April 1, 1925 62, 63, 64, 65 ..... 500.00 to " April 1, 1926 66 to 92 both inc... 1,000.00 " " April 10 1926 93, 94, 950 96 500.00 " " April 11, 1927 to 97 to 123 both inc.. 1,000.00 '.' .............. " April 10 1927 " 124,125,126,127 .... 500.00 " it " April 1, 1928 128 to 154 both inc. 10000.00 " " April 1, 1928 it 155,156,1570158 0000 500.00 It " April 1, 1929 159 to 185 both inc. 12000,00 " " April 1, 1929 " 186018701889189 .... 500.00" .......0000... " April 10 1930 " 190 to 216 both inc. 11000.00 " April 1, 1930 to 217,218,219,220 .... 500.00 to .............. " April 1, 1931 It 221 to 247 both inc. 10000.00 It .............. " April 10 1931 248,249,250,251 .... 500.00 " " April 10 1932 252 to 278 both inc. 1,000.00 It " April 1, 1932 2790280,2810282 500.00 it " April 1, 1933 " 283 to 309 both inc. 1,000.00 of .............. to April 1, 1933 Section 3. Said bonds shall be signed by the Mayor and atteste& by the Clerk of the City of Salina, Kansas and shall have the corpor- ate seal of said City attached thereto. Interest coupons to said bonds shall be signed by said 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: r UNITED STATES OF AMERICA STATE OF KANSAS CITY OF SALINA $ INTERNAL IMPROVEMENT BOND NO KNUN ALL MEN riY THESE PRESENTS, 'that the City of Salina in the County of Saline and State of Kansas for value received hereby acknowledges itself to be indebted and promises to pay the sum of in lawful money of the United States of America on t e s ay of April A. D. 19 , with interest at the rate of four and three-quarters (44) er centum per annum, the first installment of which shall pe payable April 1st, 1924 and inter- est payable semi-annually thereafter until the principal sum shall have been paid, upon the presentation and surrender of the proper interest coupon hereto attached bearing the lithographed signature of the Clerk of said City, as they severally become due and payable. Both principal and interest are payable at the fis. cal agency of the State of Kansas in the City of Topeka, Kansas; and the City of Salina, Kansas is.held and firmly bound and its faith and credit and all real and personal property in said -City are hereby pledged for the prompt payment of the principal and interest of this bond upon its maturity. This bond is one of a series of three hundred nine (309) bonds of like date and tenor, excepting the denomination and maturity, aggregating in the principal sum of.$288,698.87, issued by said City of Salina, Kansas to pay for street improvements: irrn and for said City under and by the authority of and in compliance with the provisions of the laws of the State of Kansas governing Cities of the first class and in compliance with an ordinance duly and legally passed b.1 the Board of Commissioners of said City on the 27th day of August.. 1923. And it is hereby declared and certified that all acts, con- ditions and things required to be done and to exist precedent to and in the issuance of this bond have been properly done and per- formed and do . N 0 W exist in regular form 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 constitutional or statutory limitation. IN vITNESS WHEREOF, said City of Salina, by its Board of.0omm- issioners, has caused this bond to be signed by its Mayor and attested by its Clerk and its corporate seal is hereto attached. Dated this 1st qday of April , A. D., 1923. ATTEST: uity Mayor Section 5. The first interest eoupon:to be attached to said bonds shall be substantially as follows: 4. No On the 1st day of April 1924 the City of Salina, Kansas will pay the bearer 0 at the fiscal agency of the State of Kansas in the City of rope a, Kansas, the same being one year's interest on its Internal Improvement Bond dated , 19 , NO City Clerk The remaining interest coupons to be attached to said bond shall be substantially as follows. NO On the 1st day of , 19 the City of Salina.. Kansas. will ,pay to the bearer at t=e k1scal Agency of the State of Kansas, in the City o ope a, Kansas the same being six month's interest on its Internal Improvement Bond dated , 19 N0 . City Clerk Section 6. The Mayor and City Clerk of the City of Salina, nansas are hereby authorized and directed without unnecessary delay to prepare and execute said bonds and coupons, and that when executed•, said bonds shall be registered with the City Clerk of the City of Salina, &ansas and shall be registered with the Auditor of the State of Kansas, as required by law, and shall be delivered to the Con- tractor, M. R. Amerman, constructing such improvements in proportion to the amounts due him for such work and improvements, FROVIDFZ HOWEVER, 0 that said bonds shall not,be delivered to said Contractor in a greater amount or sum than the amount due and owing for the cost of said im- provements. 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. •chis ordinance shall take effect and be in full force from and after its publication once in the official City paper. Introduced for first readings August 26ths 1923. Passed and approveds August 27th, 1923. mayor Attest; —^— 3 y Ulerk