Laserfiche WebLink
Section 202. Execution; Limited Obligation. Each of the Reregistered Series 2010 <br /> Bonds shall be executed on behalf of the City by the manual or facsimile signature of its Mayor <br /> and by the manual or facsimile signature of its City Clerk (or such other officer as may be <br /> designated by the City) and shall have impressed or printed manually or facsimile thereon the <br /> corporate seal of the City. The facsimile signatures of said officers shall have the same force and <br /> effect as if such officers had manually signed each of said Reregistered Series 2010 Bonds. In <br /> case any officer, the facsimile of whose signature shall appear on the Bonds, shall cease to be <br /> such officer before the delivery of such Reregistered Series 2010 Bonds, such facsimile signature <br /> shall nevertheless be valid and sufficient for all purposes, the same as if such officer had <br /> remained in office until delivery. <br /> The Reregistered Series 2010 Bonds and the interest and premium, if any, payable <br /> thereon do not constitute a pledge of the faith and credit of the City, but shall be payable solely <br /> from the funds pledged therefor in accordance with the Bond Indenture. The delivery of the <br /> Reregistered Series 2010 Bonds does not directly, indirectly or contingently obligate the City to <br /> levy any form of taxation for the payment thereof or to make any appropriation for their <br /> payment, and such Reregistered Series 2010 Bonds and the premium, if any, and interest payable <br /> thereon do not now and shall never constitute a charge against the credit or taxing power of the <br /> City. <br /> Section 203. Form of Bonds. The Reregistered Series 2010 Bonds shall be substantially <br /> in the form set forth in Exhibit B attached hereto with such appropriate variations, omissions and <br /> insertions as are permitted or required by the Bond Indenture or deemed necessary by the Bond <br /> Trustee and the City. <br /> Section 204. Delivery of Bonds. Upon the execution and delivery of this First <br /> Supplemental Bond Indenture, the City shall execute and deliver to the Bond Trustee and the <br /> Bond Trustee shall authenticate the Reregistered Series 2010 Bonds and deliver such <br /> Reregistered Series 2010 Bonds to the Purchasers. <br /> ARTICLE III <br /> MISCELLANEOUS <br /> Section 3.01. Ratification. In all respects not inconsistent with the terms and provisions <br /> of this First Supplemental Bond Indenture, the Bond Indenture is hereby ratified, approved and <br /> confirmed. <br /> Section 3.02. Counterparts. This First Supplemental Bond Indenture may be <br /> simultaneously executed in several counterparts, each of which shall be an original and all of <br /> which shall constitute but one and the same instrument. <br /> Section 3.03. Choice of Lara. This First Supplemental Bond Indenture and the rights and <br /> obligations of the parties hereunder shall be governed by and construed and enforced in <br /> accordance with the laws of the State of Illinois. <br /> IN WITNESS WHEREOF, the CITY OF DECATUR, MACON COUNTY, ILLINOIS has caused <br /> these presents to be signed in its name and on its behalf by its Mayor and its corporate seal to be <br /> 4 <br />