(Published in The Bulletin
on July 9, 2026)

ORDINANCE NO. 2593

AN ORDINANCE OF THE GOVERNING BODY OF THE CITY OF STERLING, KANSAS, DECLARING IT NECESSARY TO ACQUIRE AND INSTALL A NEW ELECTRIC GENERATOR; AND AUTHORIZING AND DIRECTING THE ACQUISITION AND INSTALLATION OF SAID GENERATOR AND PROVIDING FOR THE PAYMENT OF THE COSTS THEREOF.

WHEREAS, pursuant to Article 12, § 5 of the Constitution of the state of Kansas (the “Home Rule Amendment” and Charter Ordinance No. 17 of the City (“Charter Ordinance No. 17”), the City is authorized to issue its general obligation bonds for the purpose of supplying its inhabitants with electric light and bettering, constructing or installing any such plant that such city may have or may desire to acquire by construction or purchase; and

WHEREAS, the governing body of the City has determined it is necessary to acquire and install a new 3MW Caterpillar Generator at the City’s Electric Production plant (the “Generator Project”) at an estimated cost of $3,000,000 plus costs of issuing bonds; and

WHEREAS, the City is authorized by the Home Rule Amendment, Charter Ordinance 17, and K.S.A. 10-101 et seq., all as amended and supplemented (collectively the “Project Act”), to acquire, construct and install the Generator Project; to issue the City’s general obligation bonds for the purpose of paying all or part of any costs thereof.

NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF STERLING, KANSAS:

Section 1. Authorization of Generator Project.  It is hereby found and determined to be necessary and advisable to acquire and install the Generator Project (as defined above) in accordance with certain plans and specifications as previously approved by the governing body of the City.

Section 2. Payment of Project Costs.  It is hereby authorized, ordered and directed that the Generator Project be acquired and installed, all as hereinbefore described, at a total estimated cost not to exceed Three Million Dollars ($3,000,000) plus the costs of issuing the Bonds.

Section 3. General Obligation Bonds.  It is hereby further authorized, ordered and directed that the costs of acquiring and installing the Generator Project shall be paid from the proceeds of the City’s general obligation bonds to be issued by the City in an amount estimated at $3,000,000 plus costs of issuing the Bonds. The City shall continue to seek and review the best possible methods of permanent financing as it proceeds with the Generator Project.

Section 4. Reimbursement.  The obligations authorized by this Ordinance are authorized to reimburse expenditures made by the City 60 days before the date of this Ordinance and thereafter, as provided in United States Treasury Regulation § 1.150-2.

Section 5. Effective Date. This Ordinance shall be in full force and take effect from and after its adoption and approval, and its publication one time in the official newspaper of the City.

PASSED, ADOPTED AND APPROVED by the governing body of the City of Sterling, Kansas on the 6th day of July, 2026.

CITY OF STERLING, KANSAS

By Brian Inwood, Mayor

ATTEST:

[seal]

By Jessi Dobson, City Clerk

(Published in the Sterling Kansas Bulletin, Sterling, Rice County, Kansas, on July 9, 2026). 14.25

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