2014-33 AUTHORIZING PARTIAL REISSUANCE AND CURRENT REFUNDING OF A PORTION OF HOSPITAL FACILITY REVENUE BONDS, SERIES 2010

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WHEREAS, the Purchasers have agreed to offer such additional reduction in the total interest cost of the Series 2010 Bonds in the form of interest rate reductions on the remaining portion of the Series 2010 Bonds that were not part of the 2012 Refunding, n the condition that the Series 2010 Bonds remain"Qualified Tax-Exempt Obligations"pursuant to and as defined in Section 265(b)(3) of the Code; and WHEREAS, such additional interest rate reductions on a portion of the Series 2010 Bonds in the aggregate principal amount of$4,773,600 will constitute a reissuance and current refunding of that portion of the Series 2010 Bonds under the Code (the "2014 Refunding"); and WHEREAS, in order to provide for the 2014 Refunding and the eregistration of the Series 2010 Bonds it is necessary for the City to authorize the execution of or approve the following described documents in substantially the forms now before this meeting: (1) a Second Supplemental Bond Trust Indenture dated July 24, 2014 (the "Second Supplemental Bond Indenture") between the City and Hidkory Point Bank & Trust, fsb, as bond trustee (the"Bond Trustee"); and (2) a Second Amendment to Tax Exemption Agreement dated July 24, 2014 (the "Second Amendment to Tax Exemption Agreement") among the City, the Hospital and the Bond Trustee; and WHEREAS, as security for the loan of the proceeds of the Series 2010 Bonds, the Hospital issued to the City one or more Direct Note Obligations (Decatur(Memorial Hospital) which were reissued as part of the 2012 Refunding (the "Series 2010 Obligations"); NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Decatur, Macon County, Illinois, as follows: Section 1. That the City is a home rule unit under the provisions of the 1970 Constitution of Illinois and, as a home rule unit, may, under the powers gr ted by Section 6(a) of Article VII thereof, "exercise any power and perform any function pertaining to its government and affairs." That this Ordinance is adopted pursuant to the City's home rule powers and in accordance with the Enabling Ordinance, any provisions contained in the Illinois Municipal Code to the contrary notwithstanding. Section 2. That the form, terms and provisions of the proposed Second Supplemental Bond Indenture be, and they hereby are, in all respects approved, and that the Mayor and the Clerk of the City be, and they hereby are, authorized, empowered and ,directed to execute, acknowledge and deliver the Second Supplemental Bond Indenture in the n4me and on behalf of the City, and thereupon to cause the Second Supplemental Bond Indenture be delivered to the Bond Trustee; that the Second Supplemental Bond Indenture is to be in substantially the form of such Second Supplemental Bond Indenture now before this meeting and hereby approved, or with such changes therein as shall be approved by the officials of the City executing the same, their execution thereof to constitute conclusive evidence of their approv1 and this Council's approval of any and all changes or revisions therein from the form of the Lond Supplemental Bond Indenture now before this meeting; and that from and after the execution and delivery of 2