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2008-29 PROVIDING FOR ISSUANCE OF GENERAL OBLIGATION NOTE
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2008-29 PROVIDING FOR ISSUANCE OF GENERAL OBLIGATION NOTE
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Last modified
10/16/2015 4:21:19 PM
Creation date
10/16/2015 4:21:17 PM
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Resolution/Ordinance
Res Ord Num
2008-29
Res Ord Title
PROVIDING FOR THE ISSUANCE OF A NOT TO EXCEED $1,500,000 GENERAL OBLIGATION NOTE (OLDE TOWNE REDEVELOPMENT PROJECT), SERIES 2008
Department
Finance
Approved Date
5/5/2008
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t <br /> [Form of Note - Front Side] <br /> SOLE NOTE: MAXIMUM AMOUNT: <br /> REGISTERED REGISTERED <br /> NO. ONE OT TO EXCEED$�,SOO,OOO <br /> UNITED STATES OF AMERICA <br /> STATE OF ILLINOIS <br /> THE COUNTY OF MACON <br /> CITY OF DECATUR <br /> GENERAL OBLIGATION NOTE <br /> (OLDE TOWNE REDEVELOPMENT PROJECT),SERI S 2008 <br /> See Reverse Side for <br /> I Additional Provisions. <br /> Interest Payments: Interest - Monthly Maturity Date: <br /> Rate: See Variable Rate Principal - at Maturity December 31, 2009 <br /> Registered Owner: NATIONAL SOY CAPITAL BANK AND TRUST COM ANY <br /> KNOW ALL PERSONS BY THESE PRESENTS that the City of Decatur, Macon County, <br /> Illinois, a municipality, home rule unit and political subdivision of the State of Illinois (the <br /> "City"), hereby acknowledges itself to owe and for value receive promises to pay to the <br /> Registered Owner identified above, or registered assigns as hereinafter provided, the Outstanding <br /> Principal Amount of this Note, as hereinafter described on the Matu ity Date identified above <br /> (subject to right of prior redemption as hereinafter stated), to pay inter st (computed on the basis <br /> of actual days (365/366) elapsed over a 360-day year) on such Outs anding Principal Amount <br /> from the later of the Dated Date of this Note or from the most rece t interest payment date to <br /> which interest has been paid or duly provided for, at the Interest Rate er annum identified below <br /> as the Variable Rate or the Taxable Variable Rate, as provided in the rdinance, such interest to � <br /> be payable on , 2008, and monthly thereafter until the Out tanding Principal Amount <br /> -11- <br />
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