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2019-46 Ordinance Providing for the Issuance of not to Exceed $9,300,000 General Obligation Bonds, Series 2019 of the City for One or More of the Following Purposes: Refunding Certain Outstanding Bonds of the City, Improving the Decatur Public Library
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2019-46 Ordinance Providing for the Issuance of not to Exceed $9,300,000 General Obligation Bonds, Series 2019 of the City for One or More of the Following Purposes: Refunding Certain Outstanding Bonds of the City, Improving the Decatur Public Library
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Last modified
1/13/2020 11:12:38 AM
Creation date
6/18/2019 7:08:15 PM
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Resolution/Ordinance
Res Ord Num
2019-46
Res Ord Title
2019-46 Ordinance Providing for the Issuance of not to Exceed $9,300,000 General Obligation Bonds, Series 2019 of the City for One or More of the Following Purposes: Refunding Certain Outstanding Bonds of the City,
Department
Finance
Approved Date
6/17/2019
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[FORM OF BOND-REVERSE SIDE] <br /> This bond is one of a series of bonds (the "Bonds") in the aggregate principal amount of <br /> $ ,000 issued by the City for the purpose of [refunding certain outstanding bonds of the <br /> City] [and] [improving the Decatur Public Library] [resurfacing and improving the Decatur Public <br /> Library parking lot], and of paying expenses incidental thereto, all as described and defined in the <br /> ordinance authorizing the Bonds(the "Ordinance"),pursuant to and in all respects in compliance <br /> with the applicable provisions of the Illinois Municipal Code, as supplemented and amended, and <br /> as further supplemented and, where necessary, superseded, by the powers of the City as a home <br /> rule unit under the provisions of Section 6 of Article VII of the Illinois Constitution of 1970 and <br /> the City's enabling ordinances adopted pursuant to such home rule powers(such code,powers and <br /> enabling ordinance, collectively, being the "Act"), and with the Ordinance, which has been duly <br /> passed by the Council of the City, approved by the Mayor, and published, in all respects as by law <br /> required. <br /> Subject to the provisions relating to this Bond remaining in book-entry only form, this <br /> Bond may be transferred or exchanged,but only in the manner,subject to the limitations,and upon <br /> payment of the charges as set forth in the Ordinance. Upon surrender for transfer or exchange of <br /> this Bond at the principal corporate trust office of the Bond Registrar in the City of Indianapolis, <br /> Indiana, duly endorsed by ar accompanied by a written instrument or instruments of transfer or <br /> exchange in form satisfactory to the Bond Registrar and duly executed by the Registered Owner <br /> or an attorney for such owner duly authorized in writing, the City shall execute and the Bond <br /> Registrar shall authenticate, date and deliver in the name of the transferee or transferees or, in the <br /> case of an exchange,the Registered Owner,a new fully registered Bond or Bonds of like tenor, of <br /> the same maturity,bearing the same interest rate,of authorized denominations,for a like aggregate <br /> principal amount. <br /> -21- <br />
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