2007-97 ESTABLISHING A 2007 MORTGAGE CREDIT CERTIFICATE PROGRAM

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- t CITY OF DECATUR,MACON COUNTY,ILLIN 1S MORTGAGE CREDIT CERTIFICATE ELECTI N I, the undersigned Mayor of the City of Decatur, Macon Cou ty, Illinois (the "Issuer"), hereby certify that this Mortgage Credit Certificate Election (the " lection") is executed and delivered for and on behalf of the Issuer in connection with its 2007 ortgage Credit Certificate Program and election to issue its Mortgage Credit Certificates ( he "Certificates"). This Election is made, executed and filed pursuant to Treasury Regulation 1.25-4T(c). I hereby further certify that: 1. The issuer of the Certificates is: City of Decatur, Macon County, Illinois 1 Gary K. Anderson Plaza Decatur, Illinois 62523 TIN: 36-6001308 2. The Issuer's allocation to issue qualified mort age bonds in this calendar year is $6,387,360. This allocation was its home rule allocati n in 2004, and is the only allocation of volume cap for qualified mortgage bonds or mo gage credit certificates for 2004 that has been made to the Issuer. 3. During calendar years 2004-2007, the Issuer h not heretofore issued any qualified mortgage bonds or mortgage credit certificates, subje t to the volume cap. 4. During calendar years 2004-2007, the Is uer has not heretofore surrendered to other issuers any of its authority to issue q lified mortgage bonds or mortgage credit certificates subject to the volume cap. 5. During calendar years 2004-2007, the Issuer ha not heretofore elected not to issue any qualified mortgage bonds in order to issue mortga e credit certificates. 6. In connection with the Issuer's 2007 Mortgage redit Certificate Program, the Issuer hereby elects to issue Mortgage Credit Certificat s with Total Proceeds [as defined in Treasury Regulation § 1.25-1T(b)(10)] not exceed ng $1,596,840, and elects not to issue qualified mortgage bonds in amount equal to $6,3 7,360. 7. Attached hereto is the certification, require by Treasury Regulation § 1.25-4T(d), that the Issuer's 2007 Mortgage Credit Cert ficate Program meets the requirements of Section 146 of the Internal Revenue Code of 1986, as amended, and the Regulations.