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r <br /> C 0 PY <br /> LOAN AGREEMENT WASTEWATER PROJECT: L175280 <br /> LENDER: RECIPIENT: <br /> Illinois Environmental Protection Agency City of Decatur <br /> Bureau of Water #1 Gary K. Anderson Plaza <br /> Infrastructure Financial Assistance Section Decatur, IL 62523-1196 <br /> P.O. Box 19276 <br /> 1021 North Grand Avenue,East <br /> Springfield, IL 62794-9276 FEIN: 376001308 <br /> TERMS OF THE LOAN <br /> Estimated Dates <br /> Loan amount: $2,534,034.09 Construction start: 11/01/2014 <br /> Annual fixed loan rate: 1.9950% Construction complete: 05/30/2015 <br /> Term: 20 years Initiation of operation: 05/30/2015 <br /> Repayments: Semi-Annual Initiation of repayment period: 05/30/2015 <br /> First repayment due: 11/30/2015 <br /> Final repayment due: :A5/30/2035 <br /> LOAN OFFER AND ACCEPTANCE <br /> Offer by the State of Illinois Environmental Protection Agency <br /> The Director(herein called the"Director") of the Illinois Environmental Protection Agency(herein called the"Agency")pursuant to <br /> the Environmental Protection Act,hereby offers to make a loan from the Water Revolving Fund, up to and not exceeding the above <br /> specified amount, at the fixed loan rate and repayment period given above, for the support of the efforts contained in the Project <br /> Description, herein. This Loan Offer is subject to all applicable State and Federal statutory and regulatory provisions, Standard and <br /> Special Loan Conditions,Procedures For Issuing Loans From the Water Pollution Control Loan Program (35 Ill.Adm.Code 365)and <br /> the terms spe ' ed in the Letter of Transmittal,attached hereto and included herein by reference. <br /> Director Lisa Bonnett r <br /> Agency Signature Title Name Efaij <br /> By: <br /> Agency Signature Title Name Date <br /> This offe must be accepted, if at 1, on or before 11/01/2014. <br /> Acceptance on behalf of the Borrower <br /> Im 9 <br /> C- )i <br /> Authorized Represe t ti a(Si ure) Date <br /> Name and Title of Authorized Representative(Type or Print) <br /> PAGE 1 OF 2 <br />