A RESOLUTION AUTHORIZING CERTAIN IMPROVEMENTS TO 8TH STREET IN THE CITY OF GOODLAND, KANSAS; AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE CITY TO PAY SUCH COSTS.
WHEREAS, K.S.A. 14-570 and K.S.A. 14-571, as amended by Charter Ordinance No. 24 of the City of Goodland, Kansas (the “City”) (enacted pursuant to the provisions of Section 5(c) of Article 12 of the Constitution of the State of Kansas) and K.S.A. 12-101 et seq. (collectively the “Act”), provide that whenever the governing body of the City (the “Governing Body”) has approved a capital improvements plan (the “Plan”) for the physical development of the City within the boundaries of the City, including public improvements and the acquisition of land necessary therefore, the acquisition of equipment, vehicles or other personal property to be used in relation thereto, and may provide for assumption and payment of benefit district indebtedness heretofore created for public improvements, and which Plan may require a number of years to execute, the City is hereby authorized to issue its general obligation bonds in an amount sufficient to carry out such Plan and associated costs; and
WHEREAS, the Plan is approved annually by the Governing Body in connection with its budget approval process, and the current Plan is hereby amended to include a project for the reconstruction and improvement of 8th Street in the City, generally from its connection with K-27 east to Cherry Avenue (the “Improvements”), and the Governing Body of the City determines it advisable to provide for the financing of the Improvements, as provided by the Act.
THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF GOODLAND, KANSAS:
SECTION 1. Project Authorization. The Improvements are hereby authorized, ordered and directed at an estimated cost, including financing costs, of $7,650,000.
SECTION 2. Bond Authorization. Costs of the Improvements and associated financing costs shall be payable in part by the issuance of general obligation bonds of the City (the “Bonds”) under the provisions of the Act, in the amount of $6,650,000, with the balance of Improvement costs to be paid from available funds of the City.
SECTION 3. Effective Date. This Resolution shall take effect and be in force from and after its adoption. Because the Resolution authorizes bonds to finance the reconstruction of and improvements to 8th Street in the City, this Resolution is not required to be published nor be subject to the protest provisions of Charter Ordinance No. 24.
ADOPTED by the Governing Body of the City of Goodland, Kansas on October 20, 2025.
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Jason Showalter, Mayor
(SEAL)
ATTEST:
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Mary Volk, Clerk