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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Section 1.05. "Code" means Section 148 of the Internal Revenue Code of 1986, and all lawful regulations promulgated thereunder. Section 1.06. "Council"means the Council of the City. Section 1.07. "Escrow Account"means the trust account established under this Agreement by the deposit of the Government Securities and the beginning cash. Section 1.08. "Escrow Agent" means U.S. Bank National Association, a national bank having trust powers, organized and operating under the laws of the United States of America, located in Indianapolis, Indiana, not individually but in the capacity for the uses and purposes hereinafter mentioned, or any successor thereto. Section 1.09. "Government Securities" means the non-callable direct obligations of or non-callable obligations guaranteed by the full faith and credit of the United States of America as to principal and interest deposited hereunder as more particularly described in Exhibit A to this Agreement and also including any direct obligations purchased pursuant to Section 3.02. Section 1.10. "Paying Agent" means The Bank of New York Mellon Trust Company, National Association, Chicago, Illinois, as bond registrar and paying agent for the Refunded Bonds, and any successor thereto. Section 1.11. "Refunded Bonds"means the outstanding bonds of the City as follows: $ Taxable General Obligation Bonds, Series 2010A, dated December 7, 2010, being [a portion][all] of the bonds outstanding from an issue in the original principal amount of$8,715,000,fully registered and without coupons,due serially on December 15 of the years, in the amounts and bearing interest at the rates per annum as follows: ExxiBiT A -2-