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HomeMy WebLinkAboutOrd 0091 i ORDINANCE NO 91 Irl AN ORDINANCE providing for the issuance of special assessment Street Im- provement Bonds of the City of Mission, Kansas. WHEREAS, More than thirty (30) days have elapsed since the cost of im- proving by paving, curbing, guttering, grading and otherwise improving that portion of Outlook Avenue from a point approximately three hundred feet south of Fifty-first Street and south along Outlook Avenue to the south edge of Fifty- eighth Street, all in the City of Mission, Kansas; AND ALSO that portion of Woodson Road from a point at the south edge of Fifty-third Street and south to the north edge of Fifty-fifth Street, in the City of Mission, Johnson Co- unty, Kansas, was ascertained and the amount so ascertained an d chargeable against the pieces of property liable for a special assessment tax to pay the cost of such improvement, as provided by law, was levied against said Lots and pieces of ground by Ordinances of said City duly passed, approved and published in the official City paper as provided by law, and WHEREAS, the special assessment so ascertained and levied against the lots and pieces of ground liable for the payment of said tax has been as- certained to be the sum of $65,535.09, together with an additional sum of $214.91 to cover additional interest on temporary notes, legal printing and contingencies, making a total sum of the combined projects of $65,750.00 which sum includes incidental expenses, engineering, printing, contingencies and appraisers' fees, upon which said aggregate cost of said improvement, as aforesaid, there has been paid the sum of $2,310.84 leaving a balance of 19 $63,439.16, which sum also includes a sum chargeable to the city at large for intersections in the amount of $5,613.51, and that said projects, including incidentals, portions charged to the city at large, and all other expenses appertaining thereto aggregating the sum of $63,439.16 for which bonds are to be issued therefor. NOW THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF MISSION, KANSAS: SECTION ONE: That Street Improvement Bonds of the City of Mission, Kansas, in the amount of $63,439.16 be, and they are hereby issued to pay the cost of paving, curbing, guttering, grading and otherwise improving said Streets, as above described, and in the manner provided and set out in the several Ordinances of said City, providing for such improvement, which bonds shall be in denomination, number and time of payment as follows: Number Amount Total Payable 1 1,439.16 1,439.16 Feb. 1, 3.957 2 to 7 incl., 1,000.00 6 Feb. 1 1957 8 to 14 incl., 1,000.00 7,000.00 Feb. 1 15 to 21 incl., 1,000.00 7,000.00 Feb. 1, 1959 22 to 27 incl., 1,000.00 6,000.00 Feb. 1, 1960 28 to 33 incl., 1 6,000.00 Feb. 1, 1961 34 to 39 1=1;7 1,000.00 6,000.000 Feb. 1, 1962 40 to 45 incl., 1,000.00 6,000.00 Feb. 1, 1963 1 46 to 51 incl., 1,000.00 6,000.00 Feb. 1, 1964 t 1,000.00 6,000.00 52 to 57 incl., Feb. 1, 1965 58 to 63 incl. 1,000.00 6,000.00 Feb. 1, 1966 1 SECTION TWO: The bonds authorized by the provisions of this Ordinance shall draw interest at the rate of 2 1/2 percent (20) per annum, payable ORDINANCE NO. 91 payable semi annually on the lst day of February and 1st day of August of each year, except Coupon No. 1, which shall be for the period of eighteen months interest; said installments of interest other than Coupon No. 1 shall be pay- able semi annually on the 1st day of August and the 1st day of February of each year thereafter; said bonds shall be payable at the office of the Trea- surer of the State of Kansas, in the City of Topeka, Kansas; semi- annual cou- pons shall be attached to each bond, excepting Coupon No. 1, shall be for a period of eighteen months' interest and said bonds and coupons shall be made payable to bearer and signed by the Mayor and attested by the City Clerk of said City with the seal of said City attached thereto, PROVIDED, HOWEVER, the coupons attached to said bonds may be signed by the facsimile signatures of the Mayor and City Clerk of said City, and shall bear date of August 1, 1955, and said bonds and coupons shall be substantially the following form: UNITED STATES OF AMERICA STATE OF KANSAS JOHNSON COUNTY CITY OF MISSION STREET IMPROVEMENT BOND SERIES II No. KNOW ALL MEN BY THESE PRESENTS: That the City of Mission, in the County ril of Johnson, State of Kansas, for value received does hereby acknowledge it- self to be indebted and promises to pay to bearer the sum of in lawful money of the United States of America on the 1st day of with interest thereon from the date hereof at the rate of 2 1/2 percent (2) per annum; the first interest coupon to be payable on the lat day of Febru- ary, 1957, and thereafter interest payable semi annually on the 1st day of August and the 1st day of February in each year until said principal sum shall have been paid, upon presentation and surrender of the interest coupons here- to attached bearing the facsimile signatures of the Mayor and City Clerk of said City, as such coupons severally become due, both principal and interest on the bond being payable at the office of the State Treasurer of the State of Kansas, in the City of Topeka, Kansas, and the said City of Mission, Kansas is held and firmly bound by these presents and its faith and credit and all the real and personal property in said City are hereby pledged for the prompt payment of said principal and interest at maturity. This bond is one of a series of sixty -three Bonds of like date and tenor, except Bond No. 1, and excepting maturity, aggregating the principal sum of $63,439.16, issued by the City of Mission, Kansas for the purpose of procuring funds to pave, curb, gutter, grade and otherwise improve certain Streets with- in the City of Mission, Kansas, all in accordance with the provisions, restrict- ions and limitations of the constitution and laws of the State of Kansas, and particularly G.S. Kansas, 1949, 12 -601, 12-602 and 10 -303, and all Acts supple- mental and amendatory thereto, and with Ordinances duly passed and proceedings duly and regularly had by the Governing Body of said City, and this Bond and all other bonds of this Series and all interest thereon is to be paid by said City of Mission, Kansas. It is hereby declared and certified that all acts, conditions and things required to be done and do exist in due and legal 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, a s k ORDINANCE NO 91 Ir does not exceed any constitutional or statutory limitations. IN WITNESS WHEREOF, the City of Mission, Kansas by its Board of Council- men has caused this bond to be signed by the Mayor and its corporate seal to be hereto affixed, attested by its City Clerk,and the coupons hereto attached to be signed by its officers and this bond to be dated this 1st day of August, 1955. ATTEST: Mayor City Clerk (SEAL) FORM OF COUPON No. Dated On this day of 19 the City of Mission, Johnson County, Mission, Kansas Kansas, will pay to bearer lawful money of the United States of America at the office of the State Treasurer, Topeka, Kansas, being six months' interest on its Street Improvement Bonds, Series II, dated August 1, 1955. Mayor Attest: City Clerk (SEAL CITY CLERK'S CERTIFICATE STATE OF KA1SAS SS JOHNSON COUNTY I, the undersigned, City Clerk of the City of Mission, Kansas, hereby certify that the within Street Improvement Bond, Series II and the interest bearCig coupon attached thereto has been duly registered in my office according to law. WITNESS my hand and official seal this day of 19 City Clerk Irl SEAL L OFFICE OF THE AUDITOR OF THE STATE OF KANSAS I, the undersigned, 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 and the coupons attached there- to were registered in my office according to the law this day of 19 Auditor of the State BY: SEAL Director of Post Audits SECTION THREE: The Mayor and City Clerk are hereby authorized and direct- ed to procure and execute said bonds and procure their proper registration in the office of the City Clerk and State Auditor of the State of Kansas and when said Bonds have been duly executed and registered then to proceed to sell said bonds as provided by law. SECTION FOUR: The full faith and credit of the City of Mission, Kansas is hereby irrevocably pledged for the prompt payment of the Bonds hereinbefore described and the interest thereon as said interest and principal respectively become due and the Mayor and Councilmen of said City shall annually make pro- visions for the prompt payment of said principal and interest by levying taxes therefor on all of the taxable property situated in said City. SECTION FIVE: This Ordinance shall take effect and be in force from and after its passage, approval and publication in the official City paper as provided by law. PASSED AND APPROVED this 3rd day of August, 1955. Mayor ATTEST: City Clerk SEAL ORDINANCE NO. 1 AN ORDINANCE providing for the issuance of special assessment Street Improvement Bonds of the City of Mission, Kansas. WHEREAS, More than thirty (30) days have elapsed since the cost of improving by paving, curbing, guttering, grading and otherwise improving that portion of Outlook Avenue from a point approximately three hundred feet south of Fifty first Street and south along Outlook Avenue to the south edge of Fifty eighth Street, all in the City of Mission, Kansas; AND ALSO that portion of Woodson Road from a point at the south edge of Fifty -third Street and south to the north edge of Fifty -fifth Street, in the City of Mission, Johnson County, Kansas, was ascertained and the amount so ascertained and chargeable against the pieces of property liable for a special assessment tax to pay the cost of such improvement, as provided by law, was levied against said Lots and pieces of ground by Ordinances of said City duly passed, approved and published in the official City paper as provided by law, and WHEREAS, the special assessment so ascertained and levied against the lots and pieces of ground liable for the pay- ment of said tax has been ascertained to be the sum of $65,535.09, together with an additional sum of $214.91 to cover additional interest on temporary notes, legal printing and contingencies, making a total sum of the combined projects of $65,750.00, which sum includes incidental expenses, en ineerin nr.ntina gences "and appraisers fees, upon AreiCiaid aggregate cost of said improvement, as aforesaid, there has been =paid the sum of $2,310.84 leaving a balance of $63,439.16, which sum also includes a sum chargeable to the city at large for intersections in the amount of $5,613.51, and that said projects, including incidentals, portions charged to the city at large, and all other expenses appertaining thereto, aggregating the sum of $63,439.16 for which bonds are to be issued therefor. NOW THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF MISSION, KANSAS: SECTION ONE: That Street Improvement Bonds of the City of Mission, Kansas, in the amount of $63,439.16 be, and they are hereby issued to pay the cost of paving, curbing, guttering, grading and otherwise improving said Streets, as above described, and in the manner provided and set out in the several Ordinances of said City, providing for such improvement, which bends shall be in denomination, number and time of payment as follows: Number Amount Total Payable 1 1,439.16 1,439.16 Feb. 1, 1957 2 to 7 incl., 1,000.00 6,000.00 Feb. 1, 1957 8 to 14 incl., 1,000.00 7,000.00 Feb. 1, 1958 15 to 21 incl., 1,000.00 7,000.00 Feb. 1, 1959 22 to 27 incl., 1,000.00 6,000.00 Feb. 1, 1960 28 to 33 incl., 1,000.00 6,000.00 Feb. 1, 1961 34 to 39 incl., 1,000.00 6,000.00 Feb. 1, 1962 40 to 45 incl., 1,000.00 6,000.00 Feb. 1, 1963 46 to 51 incl., 1,000.00 6,000.00 Feb. 1, 1964 52 to 57 incl., 1,000.00 6,000.00 Feb. 1, 1965 58 to 63 incl. 1,000.00 6,000.00 Feb. 1, 1966 SECTION TWO: The bends authorized by the provisions ef this Ordinance shall draw interest at the rate of 2 1/2 percent (20) per annus, payable semi-annually on the 1st day of February and ist day of August of each year, except Coupon Ne. 1, which shall be for the period of eighteen months interest; said installments of interest other than Coupon No. 1 shall be payable semi-annually on the lst day of August and the 1st day of February of each year thereafter; said bends shall be aa'ah at Wwwtttmer et the Treasitror of the State 4d 11.. ;7 n .e of Topeka, Kansas; semi-annual coupons shall be attached to each bond, excepting Coupon No. 1, shall be for a period of eighteen months' interest and said bonds and coupons shall be made payable to bearer and signed by the Mayer and attested by the City Clerk of said City with the seal of said City attached thereto, /4J,01 PROVIDED, HOWEVER, the coupons attached to said bonds may be o41411enoed by the facsimile signatures of the Mayor and City Clerk of said City, and shall bear date of August 1, 1955, and said bends and coupons shall be substantially the following form: UNITED STATES Or AMERICA STATE Or rusAs JOHNSON COUNTY CITY OF MISSION STREET IMPROVEMENT BOND SERIES II No. KNOW ALL MEN BY THESE PRESENTS: That the City of Mission, in the Ceunty of Johnsen, State of Kansas, for value received does hereby acknowledge itself to be indebted and pro- mises to pay to bearer the sun of in lawful money of the United States of America on the 1st day of with interest thereon from the date hereof at the rate of 2 1/2 percent (2W per annum; the first interest coupon to be payable on the lst day of February, 1957, and thereafter interest payable semi-annually on the lst day of August and the lst day of February in each year until said principal num shall have been paid, upon presentation and surrender of the interest coupons hereto attached bearing the facsimile signatures of the Mayor and City Clerk of said City, as such coupons severally become due, both principal and interest on the bond being payable at the office of the State Treasurer of the State of Kansas, in the City of Topeka, Kansas, and the said City of Mission, Kansas is held and firmly bound by these presents and its faith and credit and all the real and personal property in said City are hereby pledged for the prompt payment of said principal and interest at maturity. This bond is one of a series of sixty -three Bonds of like /Ate and tenor, except Bond No 1, and excepting maturity, aggregating the principal sum of $63,439.16, issued by the City of fission, Kansas for the purpose of procuring funds to pave, curb, gutter, grade and otherwise improve certain Streets within the City of Mission, Kansas, all in accordance with the provisions, restrictions and limitations of the constitution and laws of the State of Kansas, and particularly G. S. Kansas, 1949, 12 -601, 12 -602 and 10 -303, and all Acts supplemental and amendatory thereto, and with Ordinances duly passed and pro- ceedings duly and regularly had by the Governing Body of said City, and this Bond and all other bonds of this. Series and all interest thereon is to be paid by said City of Mission, Kansas. It is hereby declared and certified that all acts, conditions and things required to be done and do exist in due and legal 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 constitutional or statutory limitations. IK WITNESS WHEIXOF, the City of Mission, Kansas by its Board of Councilmen has caused this bend to be signed by the Mayor and its corporate seal to be hereto affixed, attested by its City Clerk and the coupons hereto attached to be signed by its officars and this bend to be dated this let =day el Ant, 1955. Mayor Attest: City Clerk (S.UL) FORM OF COUPON No. Dated On this day of Miser, Kansas 19 the City of Mission, Johnson County, Kansas, will pay to bearer lawful money of the United States of America at the office of the State Treasurer, Topeka, Kansas, being six months' interest on its Street Improvement Bonds, Series II, dated August 1, 1955. 3 Mayor Attest: 3 City Clerk (SEAL.} 4 W 2 t CITY CLERK'S CERTIFICATE STATE OF KANSAS ss. JOHNSON COUNTY I, the undersigned, City. Clerk of the City of Mission, Kansas, hereby certify that the within Street Improvement Bond, Series II and the interest bearing coupon attached thereto has been duly registered in my office according to law. WITNESS my hand and official seal this day of 19 City Clerk (SEAL) OFFICE OF THE AUDITOR OF THE STATE OF KANSAS I, the undersigned, 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 and the coupons attached thereto were registered in my office according to the law this day of 19 Auditor of the State BY: Director or Post Audits (SEAL) SECTION THREE: The Mayor and City Clerk are hereby authorized and directed to prepare and execute said bends and procure their proper registration in the office of the City Clerk and State Auditor of the State of Kansas and when said bonds have been duly executed and registered then to proceed to sell said bonds as provided by law. SECTION FOUR: The full faith and credit of the City of Mission, Kansas is hereby irrevocably pledged for the prompt payment of the Bonds hereinbefore described and the interest thereon as said interest and principal respectively become due and the Mayor and Councilmen of said City shall annually make provisions for the prompt payment of said principal and interest by levying taxes therefor on all of the taxable property situated in said City. SECTION FIVE: This Ordinance shall take effect and be in force from and after its passage, approval and publication in the official City paper as provided by law. PASSED and APPROVED thi:4 rd August, 1955. tyn Attest: y erI (SEAL)