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a <br /> 1 <br /> LOAN AGREEMENT jp\ 61 N A ' <br /> WASTEWATER PROJECT: L174873 <br /> LENDER: RECIPIENT: <br /> Illinois Environmental Protection Agency City of Decatur <br /> Bureau of Water #I Gary K. Anderson Plaza <br /> Infrastructure Financial Assistance Section Decatur, IL 625231196 <br /> P.O. Box 19276 <br /> 1021 North Grant Avenue,East <br /> Springfield, IL 62794-9276 FEIN: 376001308 <br /> TERMS OF THE LOAN <br /> Estimated Dates <br /> Loan amount: $8,588,792.50 Construction start: 09/15/2013 <br /> Annual fixed loan rate: 1.93% Construction complete: 06/15/2014 <br /> Term: 20 years Initiation of operation: 06/15/2014 <br /> Repayments: Semi-Annual Initiation of repayment period: 06/15/2014 <br /> First repayment due: 12/15/2014 <br /> Final repayment due: 06/15/2034 <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 ' d in the Letter of Transmittal,attached hereto and included herein by reference. <br /> Director Lisa Bonnett ie / <br /> Agency Signature Title Name Date <br /> By: <br /> Agency Signature Title Name Date <br /> This offer must be accepted, if at all, on or before 09/15/2013. <br /> C ance on behalf of the Borrower <br /> f VM S <br /> 1z epresentative ignatur ) Date <br /> -Wcw0/- 4M-e ,-1Ze el <br /> Name and Title of Authorized Representativ ype or Print) <br /> PAGE 1 OF 2 <br />