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HomeMy Public PortalAboutOrd 448 GO Bonds Stormwater Drainage ,~ . . . Gilmore & Bell, P.C. 11/01/2006 (published in the Ark Valley News, on November ---y 2006) ORDINANCE NO. m AN ORDINANCE OF THE CITY OF BEL AIRE, KANSAS, AUTHORIZING AND PROVIDING FOR THE CONSTRUCTION OF STORMW A TER DRAINAGE IMPROVEMENTS IN THE CITY; AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE CITY TO PAY THE COSTS THEREOF. WHEREAS, K.S.A. 12-631r(a) et seq. (the "Act") provides, in part, that whenever the governing body of any city determines it is necessary to construct storm sewers, channels, retention basins or drains for the purpose of managing the storm drainage areas of all or any portion of such city and in the unincorporated areas outside of but within three miles of the corporate limits of such city, the governing body may authorize the construction of such storm sewers, channels, retention basins or drains, such construction shall be authorized by ordinance; such ordinance shall designate where such storm sewers, channels, retention basins or drains shall be located; and WHEREAS, the governing body of the City of Bel Aire, Kansas (the "City") hereby finds and determines that it is necessary to construct storm sewer improvements within the corporate limits of the City described as follows: Erosion control at Eagle Lake and culvert improvements to all drives and street crossings between Oliver Street and Edgemoor Street from 37th Street to 41st Street in the City of Bel Aire, Kansas (collectively, the "Project"); and WHEREAS, the governing body of the City hereby further finds and determines that general obligation bonds of the City should be issued under the authority ofthe Act to pay the costs of the Project and related financing costs. THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF BEL AIRE, KANSAS: Section 1. Findings. It is hereby found and determined that the Project be constructed in accordance with the plans and specifications therefor which are to be prepared by or approved by the City Engineer, and which will be placed on file for, public inspection. The estimated construction, engineering and financing costs of the Project are $61,000~ Section 2. Financing. The costs of the Project and associated financing costs shall be payable from the proceeds of general obligation bonds of the City issued under authority of the Act (the "Bonds"). Section 3. Reimbursement. Any Bonds issued under the authority of this Ordinance may be used to reimburse expenditures made on or after the date that is 60 days before the date of passage of this Ordinance pursuant to U.S. Treasury Regulation ~1.150-2. KMC\401810.26\P.A CULVERTS . . . Section 4. Effective Date. lIDs Ordinance shall be in force and take effect from and after its passage, approval and publication once in the official City newspaper. [BALANCE OF THIS PAGE INTENTIONALLY LEFT BLANK] KMC\40 181O.26\P.A CULVERTS 2 . . . PASSED by the governing body of the City on November 7, 2006 and APPROVED AND SIGNED by the Mayor. (SEAL) Mayor ATfEST: Clerk KMC\40181O.26\P.A CULVERTS 3 . . . On motion duly made, seconded and carried, the meeting thereupon adjourned. CERTIFICATE I hereby certify that the foregoing Excerpt of Minutes is a true and correct excerpt of the proceedings of the governing body of the City of Bel Aire, Kansas, held on the date stated thereitl, and that the official minutes of such proceedings are on file in my office. (SEAL) Clerk KMC\401810.26\PA SEWER 2 . . . Gilmore & Bell, P. C. 11101/2006 EXCERPT OF MINUTES OF A MEETING OF THE GOVERNING BODY OF THE CITY OF BELAIRE, KANSAS HELD ON NOVEMBER 7,2006 The governing body met in regular session at the usual meeting place in the City, at 7:00 p.m., the following members being present and participating, to-wit: Absent: The Mayor declared that a quorum was present and called the meeting to order. ************** (Other Proceedings) Thereupon, there was presented an Ordinance entitled: AN ORDINANCE OF THE CITY OF BEL AIRE, KANSAS, AUTHORIZING AND PROVIDING FOR THE CONSTRUCTION OF STORMW A TER DRAINAGE IMPROVEMENTS IN THE CITY; AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE CITY TO PAY THE COSTS THEREOF. Thereupon, Councilmember moved that said Ordinance be passed. The motion was seconded by Councilmember . Said Ordinance was duly read and considered, and upon being put, the motion for the passage of said Ordinance was carried by the vote of the governing body, the vote being as follows: Yea: Nay: Thereupon, the Mayor declared said Ordinance duly passed and the Ordinance was then duly numbered Ordinance No. --:> was signed and approved by the Mayor and attested by the Clerk and was directed to be published one time in the official newspaper of the City. ************** (Other Proceedings) [BALANCE OF TIllS PAGE INTENTIONALLY LEFT BLANK] KMC\40 181 O.26\P.A. CULVERTS