The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1920-02-19
First published February 10, 1920
ORDINANCE NO. 246

| OkDlNANOE NJ. Z40
An ordinance providing for the issu-
ance OF Internal Improvement
Bonds of the City Of Liberal,
! Kansas, in the sum of $94,-
927.32, to pay the cost Of paw
ing, curbing, guttering and ex-
cavating Second street from
Grant avenue on the east to
Clay avenue on the west and
Sherman avenue from the south
boundary line of Ohio street on
the south to the south boundary
line Of Seventh street on the
north, and other things incident
thereto.
Be it Ordained by the Mayor and
Council of the City of Liberal,
Kansas:
Section 1. That the cost Of grad
ing, curbing, guttering, and excavat-
ing and paving of Second street from
Grant avenue on the east to Clay ave-
nue. on the west and Sherman avenue
from the south boundary line of Ohio !
street on the south to the south
boundary line of Seventh street on
the north, all in the City of Liberal,
Kansas, is $94,927.32, of which |,
amount $26,086.72 is chargeable to
the city at large, and $68,840.60 is (
chargeable to the property owners
Especially benefited in the improve /
ment.
That the property owners specially .
provided by law no part of this
amount That to pay the total cost
of said improvements, there shall be
issued the negotiable coupon bonds
of the City Of Liberal, Kansas, in the
sum of $94,92732, which shall be
payable in twenty (20) equal annual
installments as provided by law, and
the Mayor and Council are hereby au-
thorized and directed to issue said
bonds as in this ordinance provided.
Section 2. Said bonds shall be
dated October 1, 1919, and shall bear
interest at the rate of five (5) per
cent per annum, payable semi-annu-
ally on the first days of February and
August of each year, except the first f..
interest coupon shall be due August
l, 1920 for which interest coupons
shall be attached bearing the litho-
graphed signature of the Mayor and
City Clerk.
Said bonds shall be numbered from !
one % to one hundred (10O), in
elusive, shall be in denominations of
100000 and $4,000 each, except
bond number one, which shall be in
the denomination Of $927.32. Said
bonds shall be numbered, shall be due
and payable and in amounts as fol-
lows:
No. /, denomination $927.32; Nos. !!
2, 3, A, 5, denomination 100000;
amount due $4927.32; due and pay
able February l, 1921.
Nos. 6, z, 8, 8, denomination
100000; No. 10, denomination
$4,000; amount due $4,000; due and
payable February 1, 1922. i
Nos. II, IL, 10, Id, Is, denomina-
ton 100000; amount due $5000.00;
due and payable February 1, 1923.
Nos. 16, IT, 10, 10, denomination,
100000; No. 20, denomination,
$4,000; amount due $4500.00; due
and payable February l, 1924.
Nos. 81, %, %, "a, 25, denomina-
ton $1OOO.0O amount due, 100000; !,
due and payable February /, 1925.
Nos. 26, 81, %, 20, denomination
100000; No. 80, denomination
! $4,000; amount due $4500.OO; due
and payable February l, 1925.
No. 81, 80, 33, 81, 35, denomina-
ton 100000; amount due 100000;
due and payable February 1, 1927.
Nos. SO, 81, 38, 80, denomination
100000; No. 40, denomination
$4,000; amount due $45OO.OO, due
and payable February /, 1928. \
! Nos. Al, AZ, 43, "A, 45, denomina-
ton 100000; amount due 100000;
due and payable February /, 1929.
No. 46, AT, AZ, 40, denomination
$10Q0.0O; No. so, denomination
$4,000; amount due $4500.00; due
and payable February 1, 1880. Y
Nos. 81, So, SO, Sd, 55, denomina-
ton, 100000; amount due 100000;
due and payable February /, 1881.
Nos. Sc, 81, So, SO, denomination
100000; No. 60, denomination
$5O0.00 amount due $45O0.O0; due
and payable February 1, 1882.
Nos. 81, 81, 63, Ga, IS, denomina-
ton 100000; amount due 100000;
due and payable February /, 1888.
Nos. sc, 81, 68, SO, denomination
100000; No. 70, denomination
$4,000; amount due $4500.00; due
and payable February /, 1884.
Nos. II, 70, 70, "a, rs, denomina-
ton 100000; amount due 100000;
due and payable February /, 1885.
Nos 76, II, 78, 70, denomination
100000; No. 80, denomination
$4,000; amount due $4500; due and
payable February 1, 1886.
No. 81, 80, 83, 81, S5, denomina-
ton 100000; amount due 100000;
due and payable February 1, 1887.
Nos. Sc, 81, 8S, 80; denomination
100000; No. 90; denomination
$500 90; amount due $4500.00; due
and payable February 1, 1888.
Nos. 81, 90, SO, "a, 95, denomina-
ton 100000; amount due 100000;
February 1, 1885,
Nos. SO, 81, SO, 80, denomination
100000; No. 100, denomination
$4,000; amount due $4500.00; due
and payable October 1, 1899. !.
Section 8. Said bonds shall be
signed by the Mayor and City Clerk.
and shall have the corporate seal of
the city affixed thereto. Said bonds
shall be made payable at the Fiscal