2015-36 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS

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CITY OF DECATUR, MACON COUNTY, ILLINOIS GENERAL OBLIGATION BONDS, SERIES 2015 BOND PURCHASE AGREEMENT City of Decatur c/o Mr. Gregg D. Zientara Director of Finance 1 Gary K Anderson Plaza Decatur, Illinois 62523 Ladies and Gentlemen: August 20, 2015 The undersigned, Raymond James & Associates, Inc., Chicago, Illinois (the "Underwriter"), offers to purchase from the City of Decatur, Macon County, Illinois (the "City"), all (but not less than all) of the $23,305,000 General Obligation Bonds, Series 2015, of the City (the "Bonds"). This offer is made subject to the City's acceptance of this Bond Purchase Agreement (this "Agreement") on or before 9:00 p.m., Central Daylight Saving Time, on the date hereof. Upon the City's acceptance of this offer, it will be binding upon the City and upon the Underwriter. 1. Upon the terms and conditions and upon the basis of the representations set forth herein, the Underwriter hereby agrees to purchase from the City, and the City hereby agrees to sell and deliver to the Underwriter, the Bonds. Exhibit A, which is incorporated by reference into this Agreement, contains a brief description of the Bonds, the manner of their issuance, the purchase price to be paid and the date of delivery and payment therefor (the "Closing"). 2. (a) Concurrently with the execution hereof, the City will approve an Official Statement (the "Official Statement") in substantially the form of the Preliminary Official Statement of the City, dated August 13, 2015, relating to the Bonds (the "Preliminary Official Statement") with such changes from the Preliminary Official Statement as the Underwriter and the City shall approve, and will deliver a bond ordinance adopted by the City Council of the City on the 17th day of August, 2015 (the "Bond Ordinance"), and a related bond notification (the "Notification of Sale") satisfactory in form and substance to the Underwriter. The Underwriter is authorized by the City to use these documents and the information contained in them in connection with the public offering and sale of the Bonds. The City has heretofore deemed the Preliminary Official Statement to be "final" as of its date for purposes of paragraph (b)(1) of Rule 15c2-12 of the Securities and Exchange Commission (the Commission") under the Securities Exchange Act of 1934, as amended ( "Rule 15c2-12"). The City hereby agrees to provide to the Underwriter within seven business days of the date hereof sufficient copies of the BPA 2230654