2007-96 RELATING TO THE ISSUANCE OF FIXED RATE SINGLE FAMILY MORTGAGE REVENUE BONDS, SERIES 2005

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e �RDINANCE NO. 2007-96 , AN ORDINANCE RELATING TO THE ISSUANCE OF FIXED ATE SINGLE FAMILY MORTGAGE REVENUE BONDS, SERIES ZO S, OF THE ILLINOIS FINANCE AUTHORITY AND THE CITY OF DECA R, MACON COUNTY, ILLINOIS IN AN AGGREGATE PRINCIPAL AMO T NOT TO EXCEED $12,3g7,360 AND AUTHORIZING THE SAL THEREOF; AUTHORIZING THE EXECUTION AND DELIVERY OF AN MENDMENT AGREEMENT, A TAX EXEMPTION CERTIFICATE AND GREEMENT AND RELATED DOCUMENTS IN CONNECTION THERE ITH; AND RELATED MATTERS. WxEREAs, the City of Decatur, Macon County, Illinois (the "Ciry") is a duly organized municipality under the laws of the State of Illinois, operating generally under the Illinois Municipal Code, as amended; has a population in excess of 25,000 as determined by the last of-ficial census; and pursuant to the provisions of Section 6 of Article VII of the Constitution of the State of Illinois, the City is a home rule unit and may exercise �ny power or perform any ftinction pertaining to its government and affairs, including, but not limited to, the power to tax and to incur debt (the Illinois Municipal Code as supplemented and, where in conflict, superseded by said constitutional powers being the "Act"); and � WHEREAS, pursuant to the Constitution and the laws of he State of Illinois, and particularly the Act, the Issuer has previously authorized the issua ce of Fixed Rate Single Family Mortgage Revenue Bonds, Series 2005 in an aggregate princ pal amount not to exceed $39,387,300 (the "Bonds") to be issued jointly with the Illinois Finan e Authority, a body politic and corporate duly organized and validly existing under and by virtue of the laws of the State of Illinois (the "Atrthority") for the purpose of financing a single family mortgage program (the "Program"); and WxEREAs, in connection with the proposed issuance of he Bonds, the City has previously executed and delivered (i) an Indenture of Trust dated as f September 1, 2005 (the "Indenture") by and among the Authority, the City and J.P. Morgan Trust Company, National Association, succeeded in trust by The Bank of New York Trust Com any, N.A., as Trustee (the "Ti�ustee"), (ii) an Origination and Servicing Agreement dated as f September 1, 2005 (the "A�reeme�t") among the Authority, the City, Mortgage Clearing Co�aration (the "Servicer") and certain Lenders named therein (the "Lenders"), (iii) a Suppl�ment to Origination and Servicing Agreement dated as of September 1, 2005, among the', Authority, the City, the Servicers and the Lender (the "Supplement"), and (iv) a Complian e Agreement dated as of 2007-96 2149177/CLJ:12/18/07