PAGE 4C
JEWELL COUNTY RECORD, MANKATO KANSAS
THURSDAY
Man.to E. H. U.
The Mankato E. H. U.
met with Mrs. Gerald
Thompson. Nine members
answered roll call with a
sewing short cut. Mrs. Art
Lichty, vice-president, open-
ed the meeting with the
reading of the club collect
and fla~ salute. Mrs. Viola
Bunch gave the Internation-
al Report on Lillian Bishop's
trip to Holland and the foods
they ate over there. Our
business for the meeting
was Craft Day, Oct. 19.
Following the business
meeting Lucy Wiley gave
the interesting lesson on
Rheumatic Heart Disease
and Congenital Heart De-
fects. The;~ meeting was ad-
journed and we were served
refreshments. Our next
meeting will be Oct. 18 with
Viola Bunch. The roll will
be a safety slogan.
,i
(First Published in Jewell
Co, Record, Thursday, Oct.
6, 1966) It
ORDINANCE NO. 515
An Ordinance Authorizing
The Construction Of A Main
Sewer, Extending Its Pre-
sently Existing Main Sewer,
And Authorizing The Issu-
ance Of General Obligation
Bonds In The Sum Of
$I0,000.00, Payable By The
City At Large, To Provide
Funds With Which To Pay
The City's Share Of The
Cost Thereof, Under Author-
Ity Of Section 12-619 Of The
1965 Supplement To The
Kansas Statutes Annotated.
WHEREAS, in the judg-
ment of the Governing Body
of the City of Mankato, Jew-
ell County, Kansas, it is
deemed necessary and for
the best interests of the City
that its existing mare sewer
be extended from intersec-
tion East Street and Jeff-
erson Street to serve John-
son Addition; and,
WHEREAS, preliminary
plans and specifications
therefor have been approved
by the Governing Body and
the cost thereof determined
to be $18,050.00; and.
WHEREAS, the City has
been awarded a grant from
the Federal Government to
pay a portion of the cost of
said sewer construction; and,
WHEREAS, the City has
no funds available for the
payment of the City's share
of the cost of constructing
JEWELL COUNTY, KAN-
SAS:
Section 1. That to pay the
cost of the main sewer from
intersection East Street
and Jefferson Street to serve
Johnson Addition, in the
City of Mankato, Jewell
County, Kansas, there shall
be issued General Obliga-
tion Bonds (Sewer), Series
1966-3, in the sum of
$10,000.00, which said issue
shall consist of 10 bonds,
numbered from ,1 to 10, both
inclusive, in the denomina-
tion of $1000.00 each, be
dated October 1, 1966, bear-
ing interest at the rate of
4½°/o per annum - payable
April l, 1968, and semi-an-
nually thereafter on the first
days of October and April of
each year until said principal
sum shall have been paid,
and said bonds shall mature
in the folh)wing amounts,
upon the following dates, to-
wit:
Nos. Maturity Amount
1, 2 Oct. 1, 1968 $2,000.00
3, 4 Oct. 1, 19692,000.00
5, 6 Oct. 1, 19702,000.00
7, 8 Oct. 1, 19712,000.00
9, 10Oct. 1, 19722,000.00
Section 2. Said bonds and
coupons shall contain recit-
als, and be in the form and
of the size as provided by
the statutes of the State of
Kansas.
Section 3. That said bonds
shall be signed by the May-
or and attested by the Clerk
of said City, and shall have
the corporate seal affixed,'
and the interest coupons
i shall be signed with the fac-
simile signatures of said
SeptemISer, 1966.
GAYLE A. CRISTMAN,
Mayor of the City
of Mankato, Jewell
County, Kansas
ATTEST: Finlay Munro,
(Seal) City Clerk
(First Published in Jewell
Co. Record, Thursday, Oct.
6, 1966) It
ORDINANCE NO. 514
An Ordinance Authorizing
And Directing The Issuance
~Of Waterworks Plant And
i System Revenue Bonds, Ser-
ies 1966-2~ Of The City Of
Mankato, " Jewell County,
Kansas, In The Principal
Sum Of $150,000.00, For The
Purpose Of Providing Funds
!To Pay The Cost Of Enlarg-
ling, Extending And Improv-
ing The Waterworks Plant
And System Of The City Of
Mankato, Jewell County,
Kansas, Prescribing All Of
The Details Of Said Bonds,
Providing For The Collec-
tion, Segregation And Dis-
tribution Of The Income Of
The Waterworks Plant And
System Of Said City For The
Purpose Of Paying The Cost
Of The Operation, Mainte-
nance And Improvement
Thereof, Providing An Ade-
quate Depreciation Fund
Therefor, And For Paying
The Principal Of And The
Interest On Said Water-
works Plant And System
Revenue Bonds, Under The
Authority Of K. S. A. Arti-
cle 12 Of Chapter 10, And
Amendments Thereto.
WHEREAS, Pursuant to
the provisions of K. S. A.
Article 12 of Chapter 10,
and amendments thereto,
the Governing Body of the
Mayor and City Clerk, and City of Mankato, Jewell
both principal and interest County, Kansas, heretofore,
shall be payable at the office on the 20th day of May,
of the State Treasurer of the
State of Kansas, in the City
of Topeka, Kansas.
Section 4. The Mayor and
City Clerk are hereby au-
thorized to prepare and exe-
cute said bonds and cou-
pons, and when so executed,
said bonds shall be register-
ed as required by law, and
the Governing Body shall
annually make provision for
the payment of the principal
and interest of said bonds as
the same shall become due
by levying a tax upon all
the taxable property of said
City.
Section 5. That all ordi-
provement, or against the
issuance of such bonds; and,
WHEREAS, Plans, speci-
fications and estimates of
the enlargement, extension
and improvement aforesaid
have been duly prepared
and filed in the office of the
City Clerk, and contracts
have been let for the mak-
ing of such enlargement, ex-
tensi(m and improvement;
and,
WHEREAS, The actual
cost of said enlargement, ex-
tension and improvement
does not exceed the sum of
$150,000.00; and,
WItEREAS, It is neces-
sary at this time that said
City of Mankato, Jewell
County, Kansas proceed
forthwith to issue, sell and
deliver its Waterworks
Plant and System Revenue
Bonds, Series 1966-2, in the
principal sum of $150,000.00,
for the purpose of paying
the, cost of making said en-
largement, extension and im-
provement;
NOW, THEREFORE, BE
IT ORDAINED BY THE
GOVERNING BODY OF
THE CITY OF MANKATO,
JEWELL COUNTY, KAN-
SAS:
Section 1. That for the
purpose of providing funds
to pay the cost of enlarging,
extending and improving
the municipally owned Wa-
terworks Plant and System
of the City of Mankato, Je-
well County, Kansas, by en-
larging, extending and im-
proving the water transmis-
sion lines, constructing and
installing water storage fa-
cility, and doing all things
necessary and incidental
thereto, there shall be issu-
ed. and hereby are issued,
Waterworks Plant and Sy-
corporate seal affixed, and
the interest coupons shall be
signed with the facsimile
signatures of said Mayor
and City Clerk, and said fac-
simile signatures are hereby
confirmed and ratified as
interest shall be payable at
the office of the State Trea-
surer of the S~te of Kansas,
in the City of Topeka, Kan-
sas.
Section 5. That said bonds
are to be sold and the pro-
ceeds therefrom to be used
only to pay the cost of the
enlargement, extension and
improvement hereinbefore
mentioned.
Section 6. The Mayor and
City Clerk are hereby au-
thorized and directed to pre-
pare and execute the bonds
hereinbefore described, and
when duly executed and re-
gistered, to deliver said
bonds to BEECROFT, COLE
& COMPANY, 117 West 6th
Street, Topeka, Kansas, the
purchaser thereof, on pay-
ment of the purchase price.
Proceeds from the sale of
said bonds, exclusive of any
premium therefor or accrued
interest thereon, shall be de-
posited in a separate fund
hereby created in the trea-
sury of the City, to be
known and hereinafter re-
ferred to as the "Water-
works Improvement Con-
struction Fund" and shall
be used by said City for the
sole purpose of paying the
cost of making improve-
men, ts, extensions and en-
largements to the Water-
works Plant and System
owned by the City as here-
inbefore specified. With-
drawals from said fund shall
be made on duly authorized
and executed warrant there-
for accompanied by a certi-
ficate executed by the City's
engineer or consulting en-
gineers that such payment
1965, caused to be published stem Revenue Bonds, Series
in the official paper of said 1966-2, of the City of Man-
City a notice of the inten- kato, Jewell County, Kan-
tion of the City of Mankato, sas, in the total principal
Kansas to make enlarge- sum of $150,000.00.
merits, extensions and ira- Section 2. That said Wa-
provements to the existing terworks Plant and System
Waterworks Plant and Sys- Revenue Bonds, Series 1966-
tern of said City, as follows 2, of the City of Mankato,
enlarging, extending and Jewell County, Kansas, shall
improving fhe water trans- consist of 150 bonds, num- is being made for a purpose
mission lines, constructing bered from 1 to 150. both within the scope of this ordi-
and installing water storage inclusive, all of said bonds
facility, and doing all things being in the denomination of
necessary and incidental $1000.00 each, all of said
thereto, and to issue Water- bonds being dated October
works Plant and System Re- 1, 1966, and said bonds be-
venue Bonds, Series 1966-2, coming due serially as fol-
of said City in the principal lows, to-wit:
terest on the Waterworks
Plant and System Revenue
Bonds of the City issued
against said Waterworks
Plant and System, and any
prior existing General Obli-
gation and Revenue Bonds
nances or parts of ordi-
• thi~ main sewer but has au- nances in conflict herewith
thority under Section 12-619 are hereby repealed.
the signatures of said offi- against said Waterworks
cers. Said bonds shall be re- Plant and System, as provid-
gistered by the Cit~, Clerk of ed by law.
the City of Mankato, Jewell Section 9. There is hereby
County, Kansas, and by the created in the treasury of
Auditor of the State of Kan- [ the City a special fund to be
sas, and both principal and lknown and hereinafter re-
ferred to as the "Bond and
Interest Account, Water-
works Plant and
amount of $150,000.00, for
the purpose of paying the
cost of said enlargement,
of the 1965 Supplement to
the Kansas Statutes Anno-
tated to issue General Obli-
gation Bonds to provide
funds to pay the City's
share ofthecostthereof.
NOW, THEREFORE, BE
IT ORDAINED BY THE
GOVERNING BODY OF
THE CITY OF MANKATO.
Section 6. That this ordi- extension and improvement;
nance shall be in full force and.
and take effect from and af- WHEREAS, Within fif-
ter its publication in THE teen (15) days after the pub-
JEWELL COUNTY RE- lication of the notice afore-
CORD, the official City pa-]said, no protest was filed
per, as provided by law. I with the City Clerk of the
PASSED by the Govern- Cityof Mankato, Kansas,
ing Body and approved by against such proposed en-
the Mayor this 29 day of largement, extension and ira-
OIAMONI)S ON MOON?
AMERICAN SCIENTISTS SAY IT IS POSS.
IBLE THAT THE MOON HO
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your valuables safe
p/ace could & sa'&f
a bank-Our Bank-and
pennies weekly.
nance, and that the amount
of such payment represents
only the contract price or
reasonable value of the pro-
pevty, labor, materials, ser-
vice or obligation being paid
for. Any surplus not requir-
Nos. Maturity Amt.
1 to 3 10-1-67 $3,000.00
4 to 6 10-1-683,000.00
7 to 9 10-i-693,000.00
10 to 1210-1-703,000.00
13 to 1610-1-714,000.00
17 to 2010-1-724,000.00
21 to 24 10-1-73 4,000.00
25 to 2810-1-744,000.00
29 to 3310-1-755,000.00
34 to 3810-1-765,000.00
39 to 43 10-1-77 5,000.00
44 m 48 10-1-785,000.00
49 to 5410-1-796,000.00
55 to 6010-1-806,000.00
61 to 6610-1-816,000.00
67 to 7310-1-827,000.00
74 to 8010-1-837,000.00
81 to 8710-1-847,000.00
88 to 9510-1-858,000.00
96 to 103 10-1-86 8,000.00
104 to 112 10-1-87 9,000.00
113 to 121 10-1-88 9,000.00
122 to 130 10-1-89 9,000.00
131 to 140 10-1-90 10,000.00
141 to 150 10-1-91 1O,000.00
in Mankato, Kansas
FIRST BANK IN MANKATO
DLDEST BANK IN JEWELL COUNTY
The Bank on the Corner & the Corner-Stone of
CONFIDENCE
Member Kansas Development Credit Corp.
Member FJ)J.C. Since 1933
ESTABLISHED 1888
II L~ L
I I I
$150,000.00
Bonds numbered 1 to 20,
maturing October 1, 1967 to
October 1, 1972, both inclu-
sive, bearing interest at the
rate of 4:V4% per annum;
and bonds numbered 21 to
f50, maturing October 1,
1973 to October 1, 1991,
both inclusive, bearing in-
terest at the rate of 5% per
annum - payable April I,
1967, and semi-annually
thereafter on the first days
of October and April of each
year until said principal sum
shall have been paid.
The City of Mankato, Je-
well County, Kansas, re-
serves the right and option
to call and redeem any or all
bonds numbered 39 to 150,
maturing October 1, 1977 to
October 1, 1991, both inclu-
sive, in their inverse numer-
ical order, on October 1,
1976, or on any interest pay-
ment date thereafter, at pax
and accrued interest to date
plus a premium of one year's
interest; provided, that no-
tice of its intention to call
and redeem said bonds is
published in the official
state paper at least thirty
(30) days prior to the date
on which said bonds are to
be called. Such bonds so
called shall cease to bear in-
terest after the date fixed
for the redemption thereof.
Section 3. Said bonds and
coupons shall contain reel-
tals, and be in the form and
of the size as provided by
the statutes of the State of
Kansas.
Interest Account" at month-
ly intervals, commencing
October 1, 1966, and contin-
uing hereafter as long as
any of the bonds herein au-
thorized remain out.,;[ar'd-
ing, an equal pro rata 1)(.~r-
tion of the amount required
to pay interest on the bonds
herein authorized on Octo-
ber 1, 1966, and beginning
on October I, 1966, an
amount not less than one-
sixth of the interest becom-
ing due on the bonds on the
next succeeding interest pay-
ment date; and commencing
October 1, 1966, and contin-
uing thereafter as k;ng as
any of the bonds herein au-
thorized remain outstand-
ing, an am'ount not less than
one-twelfth of the principal
amount of bonds becoming
due on the next succeeding
bond maturity date. All
amounts paid and credit to
said "Bond and Interest Ac-
count" shall be expended
and used by the City for the
sole purpose of paying when
due the principal of and in-
terest on the bonds herein
authorized.
Section 10. There is here-
by created in the treasury of
the City a special fund to be
known and hereinafter re-
ferred to as the "Reserve for
Bond and Interest, Water-
works Plant and System
Revenue Bonds" which fund
shall be maintained so long
as any of said bonds remain
outstanding and unpaid, and
ed to make said improve- the City covenants and
ments, extensions and en- agrees that it will mairtaio
largements, any premmm on said fund and will adminis-
said bonds, and any amount ter the same in accordauce
received by the City on ac- with all of the provisions
count of accrued interest on contained in this ordinance.
said bonds shall be deposit- subject to the prowsions of
ed in a fund to be known as the statutes of the State of
the Bond and Interest Sink- Kansas applicable thereto.
ing Fund. The City, out of the "Water-
Section 7. The $150,000.00 works Utility Fund" herein-
principal amount of Water- before created, after paying
works Plant and System the cost of operation and
Revenue Bonds, Series 1966- maintenance of said Water-
2, of the City of Mankato, works Plant and System al-
Kansas, herein authorized, locating the amounts to be
are hereby made a lien on
the revenues produced from
the Waterworks Plant and
System of said City, subject
only to the lien of any prior
Revenue Bonds or General
Obligation Bonds previously
issued against said Water-
works Plant and System.
Under the provisions of the
laws of the State of Kansas,
said outstanding Revenue
Bonds or General Obligation
Bonds and the interest there-
on bare preference in pay-
men,t out of the revenues
derived by said City from
the operation of its Water-
works Plant and System pri-
or to the payment of the
$150,000.00 principal amount
of Waterworks Plant and
System Revenue Bonds, Ser-
ies 1966-2, herein authoriz-
ed.
Section 8. So long as any
of the Waterworks Plant
and System Revenue Bonds,
Series 1966-2, of the City of
Mankato, Kansas, herein au-
thorized, remain outstand-
ing and unpaid, the City cov-
enants and agrees that all
of the revenues derived
from the operation of the
Waterworks Plaint and Sy-
stem of said City, from and
after October 1, 1966, in-
cluding all revenues of all
extensions and improve-
inents to said Waterworks
Plant and System hereafter
constructed or acquired, will
be paid and deposited in a
fund to be known and here-
inaf, ter referred to as the
"Waterworks Utility Fund"
and that said revenues will
not be mingled with other
funds of the City. Said "Wa-
terworks Utility Fund" shall
be used only for the purpos-
es authorized by law, in-
cluding paying the cost of
operation, maintenance, al-
teration, reconstruction, re-
pair, improvement, exten-
sion and enlargement of said
Section 4. Said bonds shall I Waterworks Plant and Sy-
be signed by the Mayor and [Sti, providing an adequate
attested by the Clerkof depreciation fund and pay
gaid City, and tll have me
lag the pr a pal of and
ir
credited to the "Bond and
Interest Account", and pro-
viding for any other obliga-
tions imposed by law, will
immediately pay into said
reserve fund the sum of
$350.00, and will also pay in-
to said reserve fund at
monthly intervals, beginning
on October 1, 1966, and con-
tinuing on the first day of
each succeeding month, an
amount not less than
$350.00, until said reserve
fund containsthe sum of
$25,000.00. All amounts paid
System and deposited in said "Re-
Upon payment of any
principal of and interest on
any of the bonds herein au-
thorized from said reserve
fund in such manner as to
reduce the amount in said
fund below $25,000.00, pay-
ments in the amount of
$350.00 shall be made from
the "Waterworks Utility
Fund" on the first of the
month next thereafter and
shall be made on the first of
each succeeding month until
such funds shall again con-
tain the sum of $25,000.00.
Section 11. Any moneys
held in the "Waterworks
Utility Fund may be invest-
ed by the City in direct obli-
gations of the United States
Government or in general
(,bligations of the City ma-
turing within one year from
date of purchase. Moneys
held in the "Reserve for
Bond and Interest, Water-
works Plant and System
.o,,
Revenue Bonao may be in-
vested by the City in direct
obligations of the United
States Government or in
general obligations ot the
City maturing within five
years from date of purchase.
In no event shall any invest-
merit be made for any period
longer than the time that
the Governing Body of the
City may estimate that mon-
eys may be needed for the
purpose of such funds or ac-
counts.
Section 12. That the City
of Mankato, Jewell County,
Kansas hereby agrees that it
will. by appropriate enact-
ment of its Governing Body,
make provision for the pay-
ment of said Waterworks
Plant and System Revenue
Bonds, and all i~erest there-
on, by fixing rates, fees or
charges for the use Of or
service rendered by such
Waterworks Plant and Sy-
stem. which rates, fees or
charges shall be sufficien,t to
pay the cost of operation,
~mprovement, and mainte-
nance of such utility, provide
ap
MANKATO, KANSAS
Rev. Arther Page, Evangelist
From Laddonia, Missouri
Good Old Fashioned Gopsel Preaching
SPECIAL MUSIC
7:30 p.m. Every Evening
an adequate
fund, and pay
of and the
bonds as the
tively become d~
principal and
prior existing
General
issued against
as provided by
Section 13.
Mankato, K~ ~s
the right, if it
! desirable to
the Waterwork~
System
herein
ject to redem
coming due,
visions of any
available. Said
REV. JAMES MILLsTEAD, Pastor
Everyone Is Invited To :Attend
part thereof
ed, and the
so issued shall
plete eq ality
with any of th~
ed hereunder
refunded, if any
provided, howe~
only a portion of
then outstanding
ed, and if said b0
funded in such
the interest rate
funding bonds iS
or if the refu
mature at a r~
eatrllier than any
not refunded,
bonds may be
by and with
all of the
bonds herein
refunded.
Section 14. The
of this o~
stitute a
the City of
sas, and
Waterworks
stem Revenue
City, dated
and the holder
more of said
suit, action,
junction or
ings, either at
ty, enforce or
formance of all
obligations
ordinance to be
formed by said
contained in
however, shall
as imposing
any duty or
levy any
meet any
tained herein
principal of or
the Waterworl
System
said City her
Section 15.
shall take
be in full force
ter its
the official
of Mankato
PASSED
Body and
Mayor this 29
tember, 1966.
GAYLE A.
Mayor of
of
Count
ATTEST:
City
D
