The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1921-02-24

AN ORDINANCE PROVIDING FOR
THE ISSUANCE OF IMPROVE.
MENT BONDS OF THE CITY OF
LIBERAL, KANSAS, IN THE
SUM OF $44,912.59, TO PAY
THE COSTS AND EXPENSE OF
THE IMPROVEMENT OF GER
TAIN PARTS OF FIRST, THIRD,
FOURTH AND SEVENT b
STREETS IN SAID CITY.
WHEREAS, In pursuance Of pro-
ceedings duly had and taken accord
ing to law, a contract has been let
for the grading, curbing, guttering
and paving Of First Street between
the west boundary line Of Kansas
Avenue and the east boundary line Of
Lincoln Avenue; Third Street be-
tween the west boundary line Of
Kansas Avenue and the east boun-
Diary line of Lincoln Avenue; Fourth
Street between the west boundary
line Of Kansas Avenue and
boundary line of Kansas Avenue and
the east boundary line Of Lincoln
Avenue; Seventh Street between the
west boundary line of Kansas Ave
nue. and the east boundary line Of
Lincoln Avenue and Seventh Street
between the west boundary line Of
Lincoln Avenue and the west boun-
dairy line Of Sherman Avenue, in the
city Of Liberal, Kansas, and the TO-
tai cost of said improvements has
been ascertatined, and the portion
thereof to be paid by general tax,
to be levied upon all the taxable prop
erty within said city, for the i'm
provement of the squares and areas
formed by the intersection Of streets
and alleys within the above defined
limits, and for which bonds are to be
issued as hereinafter provided, has
been ascertained and is hereby de-
termined to be the sum of $5,967.44
and the portion thereof to be paid by
special assessment levied upon the
lots and parcels Of ground liable for
the cost of such improvements has
been ascertained and is hereby de-
termined to be the sum of $40, 1904;
and the last named amount has been
duly assessed and appor-
toned to the said several lots and
parcels of ground on such streets IL
able to the payment thereof, payable
in twenty equal annual installments
according to law, and the amount of
said special assessments for which
bonds are to be issued as herein pro-
vided, in anticipation of the said spe-
cial assessments which remain unpaid
has been ascertained and is hereby
determined to be the sum Of $685.
945.15, the difference between said
last two named amounts having been
paid by the property owners on said
above described streets, whose prop
erty has thereby been discharged
from any further assessment for the
cost and expense of said improve
ments in the amounts so paid, there
fore,
BE 1T ORDAINED BY THE MAY
OR AND COUNCIL OF THE CITY |
OF LIBERAL, KANSAS:
Section /. That the cost of said
street improvement, after deducting
the assessments heretofore
paid thereon, as aforesaid, shall be
mount at one time, the first INSTALL
ments, instead Of levying the entire
at one time, the first insall-
ment to be paid with the taxes for
The year 1921, and one installment
With the taxes for each succeeding
year thereafter until the whole are
pdlu, anu IidI LUZ ouCH liloIdilHiCHbo
here shall be issued improvement
bonds of the city of Liberal, Kansas,
and the same are hereby issued in
he aggregate sum of $44,912.59,
Is hereinafter provided.
Section IL. Said bonds shall be
lated February 1, 1921, and shall
bear interest at the rate of five and
'ne-haf per cent per annum, payable I,
iemi-annually on the first days of
February and August each year, ex- ,
,ept the first interest payment which
shall be for one year and shall be
lue and payable February l, 1922;
'aid bonds shall have interest cou-
,ons attached thereto bearing the
autographed signature of the City ,