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2026-35 An Ordinance Authorizing the Issuance and Sale of Revenue Bonds (Millikin University), Series 2026A of the City of Decatur, Macon County, Illinois, in an Aggregate Principal Amount not to Exceed $18,000,000; Authorizing the Execution
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2026-35 An Ordinance Authorizing the Issuance and Sale of Revenue Bonds (Millikin University), Series 2026A of the City of Decatur, Macon County, Illinois, in an Aggregate Principal Amount not to Exceed $18,000,000; Authorizing the Execution
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10/26/2026 2:45:40 PM
Creation date
10/26/2026 2:45:29 PM
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Resolution/Ordinance
Res Ord Num
2026-35
Res Ord Title
2026-35 An Ordinance Authorizing the Issuance and Sale of Revenue Bonds (Millikin University), Series 2026A of the City of Decatur, Macon County, Illinois, in an Aggregate Principal Amount not to Exceed $18,000,000; Authorizing the Execution
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City Manager
Approved Date
10/5/2026
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therewith; it being understood that such revenue bonds would be limited obligations of the City <br /> payable solely and only from repayments by the University of the loan of the proceeds thereof to <br /> the University, and would not in any respect be a general obligation of the City or be payable in <br /> any manner from funds of the City raised by taxation or otherwise. <br /> Thereupon, Councilmember �t_gnrt presented the following ordinance: <br /> J .J <br /> -2- <br />
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