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amount of $6,517,290, which is all of the volume cap of the Municipality for the year 2009. <br /> Such volume cap shall be applied toward the issuance of private activity bonds or shall be <br /> transferred as directed by the Mayor or any other proper officer or employee of the Municipality <br /> without any further action required on the part of the Municipality, and the adoption of this <br /> Ordinance shall be deemed to be an allocation of such volume cap to the issuance of such bonds; <br /> provided, that any transfer of volume cap shall be evidenced by a written instrument executed by <br /> the Mayor or any other proper officer or employee of the Municipality. <br /> SECTION 2. That the Mayor, the City Clerk and all other proper officers, officials, agents <br /> and employees of the Municipality are hereby authorized, empowered and directed to do all such <br /> acts and things and to execute all such documents and certificates as may be necessary to further <br /> the purposes and intent of this Ordinance. <br /> SECTION 3. That the provisions of this Ordinance are hereby declared to be separable, <br /> and if any section, phrase or provision of this Ordinance shall for any reason be declared to be <br /> invalid, such declaration shall not affect the remainder of the sections, phrases and provisions of <br /> this Ordinance. <br /> SECTION 4. That all ordinances, resolutions or orders, or parts thereof, in conflict <br /> herewith are, to the extent of such conflict, hereby superseded; and that this Ordinance shall be in <br /> full force and effect upon its adoption and approval. <br /> Adopted April 20, 2009. <br /> Upon roll call vote: <br /> AYES: LAEGELER, MCELROY, STOCKARD,CAULKINS,EDWARDS, FOSTER, MAYOR CARRIGAN <br /> A <br /> N YS: NONE <br /> ABSENT: NONE <br /> Approved April 20, 2009. <br /> May , City of Decatur, Macon Co ty Illinois <br /> -2- <br />