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HomeMy Public PortalAboutORD05440 6 BEL- x/5440 A14 OIilaltvAWI_.,� C1: C11'' 1,1*',1_ ,;, t,T .'i-I;ivT RONDS 01,' THE CITY Or COLL COOi,!T'', 1"I;3;'C'?IRI, Itv THE' ?RD1'CT2AL t i• CI I:' Cl' I. CLLA:IS (;,0199000) TO ?HOVTLj,` FUI-d."S FOIi Z'? T 1"U"' CI" OURC?T;CSD4G- ADiOIT:1CNAL Ai'?ARATUS I SE'I,°UL I T''` I;:CI"ri^l1ISIiI:: ' CIS FTR=?S , AUTI[Oh.r.'Ej.i AT TI-TI., Cti;NLitAL CITY LLECTICi-+ a' i, Tiv SAID: CTTY G;'! T HL 3rci LIP,` OF A?R?L, 1951; SETTI I.;O 0►.iT '.CIIls FGFiiu OF SAII:: `0�:D Ar.T, Ti?Z lj1 TEIR ST To X31, AT' ACH.Ell T 131 E.T0, T)LT1,I'WIj;II1Ir T;-'I: RATES OF IrdTEIRLST, MATURITIES, A1ID 2LACE OR 'AY' E; P Anf; PROVTL'L,:4(1 FOR TIIE LEVY OF Av Ai.!UAL TAX STih`I' "CI1:' T TO -2AY THE lt�TEEEST Otv SAIL BONi-S AS IT ACCURES A'11D TO ?AV Tiii, PI:IvCIiAL TIiLI1L0F AT MAT ITEIT"' tPJIiIr1llsAc, the Citv Colzncil of the Cit,r of Jefferson, Cole County, Missouri , by Ordinance ivo. 5402, duly and regularly ad- opted at a meetinr, of said City Council hel,' ou the 5th day 4f March 1251, did direct that at the Gen­.-ral City Election to be held in said City oxi Tuesday, the 3rd day of April , 1951, there be submit- ted to the qualified electors of said City the f. ollowin;r proposi- tion: PRO?OSITIUv Shall the City of Jefferson, Cole County, Missouri, incur an indebtedness in the arr,ount of Nineteen Thousand. D llars ( 19,O00) for the purpose of purchasing additional apparatus useful in the ex- tinguishing of fires , and evic er:ce such indebtedness by the issuance of b..nds of said Cit-, in said amount for said auroose? and WHERLA.S, said ordiriar_ce did direct that the election on the aforesaid propositi n be held in the several wards and in the precincts and at the polling places established for the holding of the aforesa d general city election; and WHER1_'AS, due and. re.gul^r notice of.' the su'�mission of the aforesaid proposition at the aforesai general ,c i.tir election was given as d` rected by said ordinance and as required by law. ?7y publication in the Jefferson City Post-Tribune, or. the 12th, 1 9th, and 26th days of March, 1251, ^r.< on the ';nc da of April, 1I'5 1 ; said Jeff-rson City Post-Tribune being: a Bail i:ewspaaer published I anti of general circulation in said Cit,r of Jefferson, aril said newspaper havl.nq; beo:l previ 1.1sly admitte(! to tl;e Post Office in said City as seco;io class ti:attcr en(l havitt '.)eery ;published re�ularl and cor,secutivel-� for r: _ 0ria(l of more than thr,�!e (3 ) ve nrs prior to the first oublicatior; of, snit: notice , and -said new�,pa.;)cr hnvini- I t ~ a list of.' bona f l.d o vo7.1.:tttnri1-, cilf�af'ed as such, who haul ?a ?. .;r :)..rood to ,)ny n ,;taro,(: ,)rI.c . 1.'or subscri:)tl(:rir; thoreto for Ct (.loi'1111tE: oI' tire ; rtne S8.11(", 11Gtice '."a ) 1101Isi)Cs(3 ,.t: sn.Lc.. news; apor once a week for four (4 ) conaecuti�,e creeks y)rior to the date of said election, the first of sai6 >ublications . in sai.r' newspa,)(-.r hr.ving occurron at least twenty-one. (21 ) da-ts '-)efor�e and the last pub- li cati n within trio (2) weeks of the date of sna. d electi.:°i; and Wii}TEAS, this Cit7� Council did aDpoirit jud;.es and. clerks of sni�i (Ioi�eral Ci. s, Election ad c i n-ake provision fur the use thereat of ballots in the f orrn provided law; and 171IM .E11,1' , the ballot user: at said General City Election in vot.ini:: upon t'.e of ore sa ' pro,-!osi.tion eras in substantially the fort) set out in the aforesaid Ordi_r);ti-,cr! No. 5402; and 'N;-?EEIF',A`:, said election was an I rc-Gulnraly held in all respects as req .:.ircd by tho Str•tutes of n.issouri ; a )d =ElliEAS, t' jud-es and clerks of said election, irrmediately upon '..he closinF., of the polls on said 3rd day of April, 1 51 , dice make out, c%_ rtify an('; transmit to this City Coi;.ncil , through the City Clerk, the returns of sail: election; arid NE T::1a, sai.� Cit« Clerk, on t e 17th, day of April , 1P-51, did transrit said. returns of said election to this City Couricil; and ti'HE. ?EAS) this Citir Council , on the 17th ('air of April, 1�'51, did canvass the returns a n-' did then fi e, an- det rrinp an.- does now ar;ain find ari(- detcrrine t�-nl- tt,?re : es r•ast on the aforesaid )roposition arid ag .re a.te of seven thousand , thirt—sever) (7,037) votes , of which five thousand, eight hundred fort -two (5,=?42) vote were cast "FOR IvICREASE' ^1` DL '-"T - YI.S" a):u one thousand, one hundred ninety-fire (1,1� 5) votes . ere cast "I'C:i �1:Ci�3.JL C'I' Li::3T - h0, " and that said proposition: wa2 , therefore , assented to by a ma jorit:T of more thtt:l trio-thirds of t'-'.e nuE)lifiet', electors of said Cite votin,_ at said election on said _)roposition; and 211 .......... VVTEIIEAS the Ile nssossC6 valuntio;I o!" tal"­'Iblo 3ro- port'y villthiti thf: I.i.mit-I (;f tl.(' C (. tv Of 00,fforsol-1, 08 as- certained by the ass' ssr-,ent for state aiiC county purposes made, as of January 1. 195CI and 1)ein,;,• the last com,)Ictcd made prior to the 3rd of April , 1951 , was as follows: Real estate . . . . . . . . . . . . . 413,964, 518 Tangible personal prope; ty. . . . . . tir 3,u14p087 Merchants anc: manufacturers 1 ,636,396 Railrcad . telegra,)h, telephone arid utility properties '155,097 '-19 TOTAL. ';19, 670,029 and WHEREAS, the City of .Jefferson, Missouri , on the date of said election, to-wit: on the 3rd day of A,)ril, 1251, had the f ollowinir out stan6in,., bonded indebtedness : AMG'UIIT DATE OF ISSUE PURPOSE OUTSTAk0IvG June 1, 1232 Jud--ment Funding 9,000 101ay..l, 1934, Improvement d 23,000 14arch 1, 1935 Ref und i r-..g 25,000 July 1, 1940 Fire 1-1-epartil,,ent 117,000 Seotembe • 1 1944 Airport 4i;185 00.0 August 1, 1946 Street Improvement 'q'r'.146500C February 1, 1948 Bri(Ac:e e"207,000 February 1, 1948 Public Park 1`192 000 Juzdgrnent Indebtedness None Other Indebtedness 1,r None TOTAL � 803POOO and on said date had no other indebtedness outstanding-, either Ib bonded or flo.qtInS; and WHIEREA", t1he amount of borers authorized at said election, to-wit: • iiieteen thousand Dollars toL_-etI-_er with all other iridebt-dncss of said Cjtv, did not on said 3rd day of A )rIl , 1L3,51, and does riot now exceed. an-, lirit of inlde )ted.-iess orescrilboc') under the Constitution avid Laws of the State of Vissouri ; and VHEREASv , ' the Cit Council of the Citv of Jefferson is now authorized to iss e bon6s of s aid City in the amount of Ivirie- teaii Dollars ( 1;' CCG) for tho afore-sa'ld purposo; and d''1"x,1;1.!. ' , Sind City Courici1 is ',oc,' desi.ro>> of rnkin,-° pro- vision for the of salki t)o,lds : 110',5 , TI?I;Ii1�h'Cr{;�, 3''"- IT C ,LAT I; C '' 'T"'L, CC1IiICTL Cry, `L"?L C:IT7 OF Section 1. That tll(;� e ar•e here .-r authorized and ordered to be prepared and. issued , boil,s of the Cit�r of jofferson, b:,issouri , in t �•e amount of Idine : een Thousand Dollars (11,19,000) to ;.?rovide funds for the ;narpo:;r of g .rchasin additi nel ap,?arattts useful in the extinguishizi;-: of f.i.res. Sai, oor:(is s?i€+11 '?e of the denom- inati n of One Thoasa.zd Dollars (4e 000) each ; shall be numbered from„ one (1) to Nineteen (19) , both incl,isive ; shall bear date of June 1, 1951; and shall bear interest at the rates per annum here in below set out , ?ayable November 1, 1''51 , and semi-annually thereaftrx on M'a,r l Anc rovember 1 in each year until the prin- cipal of said bonds , respectively, shall have been full,,* paid. Interest accuring -in said loonds on and prior to t:;f: maturity dates there of shall 'je pavable upon presentation ano surrender of the interest coupos to be attached to aid bonds . Both principal of and interest on sa i.(� bonds shall be )--vable in lawful money of the L'riiteC; States of America at the F i.rst rational 3„nk of Kansas Cit,r, in the C-i.ty of Kansas City, State of L"issouri . The said I i hods shall '?e exec:,ter; bar the si;rzlature; of tti:e ka�ror of said City, under the seal of said City, attestsC by the sign- tore of the Cit1r Clerk, and the interest coupons to be attached to .::air: bonds shall be execut: d '?v t'-,e faesi*tile sib rv,tur- of said City Clerk, an6: said bonds shall mature , without o -)ti .n of prior payment, in the amounts and at the tires hereinafter set out, and shall car interest , as follows: BOND N7W..?ERS RA17,, OF L'?TILRIEST AP..CUIJT YATURITY 1 2-1/4 � yv1,000 b"ay 10 1952 2 2-1/4 � 1,C00 11,ay 11 1953 3 2-1/4 ,, 131000 N.ay 19 1254 4 2-1/4;0 1,CCC May 1 , 1955 5 2-1/41�,' 1,CCC b'.a'T 1 , 10'56 i 6 2-1/4;0 1 ,000 Yak* 1, 1957 7 2-1 1,CCC V� a77 1 , .1958 9 2-1/4�1) 1,C(,C 1'.n,r 1, 1959 9 2' 19000 b'a-r 1, 1C 60 10 21'0 11 COO t.'a 11 1c61 11 21,' 1,nCC Prn-r 1 , 192 12 2;) 1 C:C,C L,ay 1 , 1263 13 2':'. 1,CCU TVav 1 , 1'64 14 2,0 1,UCt. V y 11 1965 15 2 1,C'UC: b^.n•r 1 , 19x;6 1 C 2j., 1 ,O C.1 V�" �f) r 30 B 011-D" Id 11,�'7,_R7ST AY'GTJI4T 11;ATURITY 17 1 f 0 C G I.'a,7 1 , 1, r13 19 2 itooG Yay 1 1prl(,) 10 2('01 1. ,Ui,c Yn'T 1 1170 Section 2. Thtnt the s,,i *,.,' n:Id the interest cou- pons ev-_') dPnc *-.nF:-.- the int-rest to accri)e thcre,n shall e in sul)- stahtially the follw.rip form, to-wit: TMIITk7I S11AT122? ^h llfl;iilrn STA'I'E CF' CM411"Y OP COLE CITY Cli, FIRE I--I*QtTI_-I;*Lj..T 30I\iD t�i0o l,CCC;.00 The City of Jefferso,.-i, Cole Coi.Aritv, Plissouri , ac- knowledL_--:es i-tself indebted aria- , for value received, prom- ises to pay to, bea,-.-.er the sure of Ci.-E THOUSALZ, DOLLARS ($1,000.00) on the first da-tT of May 19—, with interest thereon from the ' date hereof at the rate of ,per rII ce,ntun per annum, payable Nover',-)er 1, 1951 , and semi- annually thereaftr-r on May 1 an.-,. Doverbor 1 in each 'Tear until the principal hereof' shall have been full�- paid . Interest accruing on this bond on and' prior to the maturity date hereof shall "Do Da,., - able uoon presentation an(I surrender of the attached cou,,)ons as t'.-:ey sev rally bec,.)?-..e due . Both orincioal of and interest o2i this bona ::re. payable in lawful roneli of the Unites_ S,-ayes of America at the FIrst National 3 nk of Kansas City, in the City of Kansas City, State of Missouri., and for the pram?t paymei-.it of this ',:)on,-' and the in- terest thereon as and when the sane- rriat!4res an, accrues . the full' fa-*,.tb,, credit, and r-sol3rcos of the City oi" 'eff,-rson, Cole lCounty, Missouri, are irr,-,vccp.bl,! )lef3_­-ed. This bond is ore of R series of nineteen(1^) bone's of like date , tenor, and effect , cycc.)t cs, tc-, number, rate, of inter- ost , an-' dato of naturit-.-, fro- -!-.e (1) to Nineteen (1�=­) , ,-)Otl-1 inclusivo , af; rci-atin,,: the cl• 4'11Jieteen Thol.isa..,(I, lollars ($r19,000) p issuer) the City of eeff,--rson, YJssDuri , to provide funds for the purposc of purebesin. ad(liti:.-nal a,).-)arfitus 'useful In 3�. ilsb1.r.; of fir s , ur.r.cr nut?sori t-r 0! Chrlptf r s 76 r.is '. I;S1,'o 1;149, ri;lid of ctrl ele(',ti.)ic dul-r cnl.l,: trice h( 1 i:. sn ?. :; Cit'r on the day of A )r : 1 . 1 51 , of the votes casi- wrr rr n favor of t' e, is,-1—lance of this :ion- a:. of the _i.ss (,, of which this )ori i is o.ic , nnr• )fir ul ther authority of orrinaiicos duly ­(:io )tc;c ',-r the Cit-r Counei 1 of snit; City. It is here'cy certifi,­d mid roci.ted that all acts , conditions anc' this: s required to be done , nrece•'erit to r:: nc' 1.11 ti e issuance of this )or,ri, ha,,e bee.i done , h}eve },a_)penc'cl, and have been pc;rforirea in re�'u'lnr ariC. 6iv,, tir(-- , form , and, rnaciner , as required 3-)7 law; tl:s t e direct co:-Ainuing rannual tox '.eon 1-11 of the taxable tan,::i'ole orooert- in said C;_tv has been levi.ed f. er the payment of t e principal oT trot: the int -rest -.ri t'n ?.s bond ; an'.3 that the total indebtedness of sa-110 City, includinn: this `.pond arid. the issue of whi.ch it is one , roes n,)t statutory or co-nstitutional lirr.it . III TL^TTMC11`r 'c';:ir'R:_OI', the Cit-r of Jefferson, in the State of X-issouri, has executed this bone: b-r causil . it to ;e sir•ned `)y the Y.a-Tor of sa3ri City, under the seal of sai- C ' ty, attF sted '.)y t',-:e C-1 tv Clerk, and has caused the annexod interest coupon to 'ie executed -)-r ,J f ac: mile signature of saic City Clerk, which signature the saic City Cleric, ':)y the execution of this bond, adopts r.s and f'.)r his own pro)er signature, and t his bond to be dated June 1, 1951. CITY Ch' ��TL I"r�r:" ` : , MISSOURI, By Ma,ror Attest: Cit- Cleric MM—,Ii OF 1LNT=;R;_ -•T CCU 201 ) a 7T On t!-.e first daY of Uoverr.ber , 19 , the City of Jeffersonc, Cole County, Ir.issoizri, proir,ises to pay to )ear- r _ _(5; ^) ir. la;vf'ul rnolic , of the i nited Statca; �f Amc,rica at t "(.- first i+atiorir l Bank of Kansas City, i.n the Cit-r cif Kansas City, State of f,;issoi.iri. , )eicnf; interest � ue that date on its ;Fire Ei.uipi,�e:st Bond c:a,ted Juncr 1 , 19519 acid gji"nlm'�e rc�d C I TV O'V' 13 C ft-)-r-T, 01747-- Coupon 140. 1 attached to !?Orlds nuirbered. 1 to 3, 1 il- clusive , shall be payrol.,:. in th^ rmount of rnd all subsequent semi-annual interest coiipons attache- toss-10. bonds rilin.bercri 1 to 8, inclusive , shall loc paysb1p, In the amount of -4,11 .215 each. Coupon No. 1 attache-6 to bona's numbered c� to 1p, in- cl',"sive , shall ')e pavabl(. in tl-e ar.-ount of `8.33, anc! all subse ,Ll e 11 t semi-annual interest coupon attached to saki bone's P to 1-.9 icl-l-,,Ive , shall be on,rable in t-,.c arount of 1jG,.(',O naclr . Section 3. That vih-n thy,, sp4.d ',:)ojtdQ,, shall have. been executer' as her(,inbef ore r--.-,.rr.,ct(,d, the,r shall be presented to the State Aud-Itor of Missouri for a registration cortif-Icatc: of said State Audit Jr in su )sta.ati.-.11y the following:, forin, to-wl.t: STATE. OIF YiISSOURI ) ss . CITY OF JEFFEF�Sol' I, W. H. Holmes, State Aud.1tor of 1--`, ssouri, do here- by certify that n.11 the• conditio,,-is of t�ie L,!3,.-.,s of the Stat of Missouri have been complied with in the issuance of the within bond, snr; tl-ir,.t 11 the coric,itions of the contract under which it WAS ordered to be issued ha�,-e been complied with, and that the evidence thereof is on fil-: in my office ; ai--Lc I furth r certify that this bond has -,,)eei-i dul, 'stered iri offl.ce in compliance r f With the Laws of the State of Missouri . Tr".':-!'-TTM01-%1v `T-UT.71-L,1 I have hereunto set ny hand ad affixed the seal of m,,r offic,-: in tre Citir of Jefferson,., rvllssouri , this da-,T of State Auditor By Chief Clerk Section 4. That for the purpose of provininZ for the payment of the princi..)al of and the interect on said bori(ls as the sa,,r.e shall res )ectivoly matur.�-., an accrue,, there shall be' and there is hereby levied a direct contl-fiuin� annual tax upon all of the taxable tangible property within sair" City of Jeffersori, sufficient after 0,.,e allowance shall linve beeri r a^e for t-e oll-oens-s- of col- loecti .,ri ane delinquencies in the oa,lrent of taxes to )rodiic(, in each of the years 1951 to 1x•7(1, incl-,.sl.ve, tl•.c followln!-- surns for principal Pnd interest ,, rozs:)ectivel•.,: LIAR 0 L' VV F'CIt T',11E YI,i i; IF!"i ': .. rt' T(TAL o 51 ic'51_1r: 512 ' l GCO 1 555. 4 s,; 1 555 1°52 157) 1 ,UGG ;F; ;. 1;5 1. ,366.25 1^53 1P11-14 1 ,0(.0 ,543. 75 1 ,",4',.75 1954 1p55 1 ,000 321 . ,',5 1 ,321.25 1055 1056 1 ,CCO 208. 75 1.920. 75 10',56 195'7 1 , GGC 2763.X35 1 ,276.25 19517 10 59 1 ,C(:G 253.75 19 253.75 li?58 1059 1900(, 231.25 19231.25 1 .59 1960 1,000 210.00 1,210.00 19G(' 1061 1 , o0G 190.CC) 1,100.00 1 ?61 1962 11 0.,_C 170.00 1 ,170.00 190. 1 C13 1,( Oc 150.0C 1 ,150. 00 10C;i 1,'64 1 , h0U 130. ( C 1,13C.CC 1964 19x,3 1 ,0 110.CO 1911C .CC 1965 10 Fi 1 ,CCC nC.00' 19 OrG.CO 19(36 1'611 191 CCC 70.CO l,C7C.00 1C;07 196.9 1 ,000 50.00 1 ,C50.00 l 1 .9000 30.00 1,Oiil. .CC 176 ' 1 , CCO 10. 00 11,01C.00 And -)ro•,:.s `: -n to lr.eet th(, requirr:'rr..ents of this ordinance shall in di e t�'Me, 1,_anner a;ac' seaso:.- rtnn ,,ally be tr.ac;e . Section 5. That the s aic tax shall be extended upon: th.e tnx rol (s and collected i.i t!-1c sane ;rxrcrier ::Lied at the same t '_r o� as other city tax-s are collected, and the proceeds derived fro the collection of such tax shall acL credited to a fund hereby crept d anc de- sigaatc�d. "Fire Equipn:erit :3ori(!s Interest and S:inkinE° Fund of 1'?51, " nl_A. shall be )se exclusivel- for' t'..-:e »urpose h(�reic. Sect:iori 6. Thnt , '.n order to nal:e provision for the pa�rnwen! of i .terest wh'.ch will accrue on said bones on November 1'; 1 " 511 and orior to t ':e time 1°hcTi the first tax 1;erein pr. ovi('ec? f. cr can be levied and collect.ec, there shall be r'n.� there i.s here :)v ac)- oro.)r.icteci o t of the Interest an'? '-'a.r_kinr- 10u1i.( of said City,' the suer. cf 'j66. r)7, which sum shall °.) c: restorccc to t he Fund, .fron, :;hich it is apt�ro;)rinte(1 l;hei� t�:c first '_aye:; ?-ic:.rein 'provided for shall have been levied. and collected.. Sectiot. 7. That the Mayor and ti'±e C ?ty Clerk are hereby au- thor i.,ed anc". d Lrected to caus•c t - bonds hcreir. desc.ri-bed to a e pre- pared a!,(' to ef^c:Lte t'.c sa e as here 1 n provide::d, to cause the same to t) e registered in the office of the State Auditor, cnr to deliver laic; ;)oi ds to the Durchasei s thoreof in accor(?ance with i I the terns of sale nno' award . 1� Section: S. That the nroceec's recel �?ed,:iipon sale nn(' delivery ' f of the i-)oixds herein authori . e_'. to '.)e issu �r'. sILa11 , irrn;e(?ift e1 r uo r. I re ceipt t'her'eof, 7e not asir?e �.:' °.. '' ")"r' ^ *(' 1'l.nr to_)e 1.1sed solely and onl-T for t hr )ur.)oce of purr l:n^i:°:: n(i; i r 3 .;i.r.l r ),)are*.0 s ;so.ful 34 in tho cxt:iTT; u3.sl,in:; Of f'. res. T?,o accrued 111t0T'('St t1.11 )21e1:n1.utr. ' rr'celvorl tu,)on srT:l.e nn(i Ooli.ver,r of t),e nfernnr.ii' '•?onc?:3 rl:n7.1 i'orth- with be deposited in n Tci cr. c' tr-d to the "Firc Egi..ii()rerTt 3onrs Interest r. 7.. I''ttnd of 1 51" created under Section, 5 of this ordinance. Section ° . That the City Treasurer bo and he is hereby authorised and di.rected., jaithoi.T.t any further authoriLation or direc- tion of the City Council, riot less than fivo (5) da?rs prior to t,-,e accririn`° of seni-annual interest r n(i ;:o the rati.r.ity of the bonds herein direct-d tobe issued, to remit to t?-.e Pi_rst Nntional Bank of Kansas Cit,r, Kansas City, 1,'A ssouri, the arnount of interest or principal or Both then becor, n`, due., aac'. the said Treasurer is hereby authorized and el.rected to include with each such r^mittance the usual arir; customary fee of said bank for its services and re- sponsibility in connection with t he payment of said coupons and bonds and nTakint_ a.ccountin�° therefore to the City of Jefferson. Section 10. Tj at all ordintinces or .)r- its of ord:iances in conflict with the provisions of this ordinance shall. be and the same are hereby repealed , insofar as th- tT ray : o conflict, and this ordinance sliall be in force f.P_r'; effect from and aft- r its passage and approval. Read three times an,-'j passed this 12th day of Jule , 1951., Arthur W. Ellis Maxtor ancd ?resiC1nt; Officer of City Cou.:ci.l Attest: Henry W. Eles City Clerk Approved this 13th dais of June, 1951. Arthur N. Ellis Mayor Attest : Henry W. Eles City Clerk t i