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� <br /> AMENDED AND RESTATED � <br /> LINE OF CREDIT AGREEMENT I <br /> The municipality referred to below (the "City") has applied fo , and National City Bank, <br /> Decatur, Illinois (the "Bank"), has approved the establishment of, a line of credit account (the <br /> "Loan Account") from which the City may from time to time requ st loans in the aggregate <br /> amount of credit shown below (the "Maximum Gredit"). The Loan ccount shall be secured as <br /> described in this Agreement. Interest on such loans shall be compu ed at a variable rate. The <br /> City may make principal payments at any time and in any amount. The establishment of the <br /> Loan Account by the Bank shall constitute an agreement between the City and the Bank as <br /> follows: <br /> Name of City: City of Decatur, Macon County, Illinois <br /> Address: One Gary K. Anderson P(aza <br /> Decatur, Illinois 62523 <br /> Type of �, <br /> Loan Account: Revolving line of credit, which means that t e City may reborrow any <br /> amounts that have been repaid. <br /> Amount of <br /> Maxirnum Credit: $6,000,000 <br /> Each Loan Requested <br /> Shall Be At Least: $10,000 or such lesser amounts if agreed by the parties hereto <br /> Tax-Exempt: ❑Yes No � <br /> Bank Qualified: NA <br /> Interest Rate: The interest rate on the hereinafter defined Note is subject to change <br /> from time to time based on changes i an index which is the <br /> fluctuating rate per annum which is designa ed or published from time <br /> to time by the Bank as being its "One Month Libor Rate" (the <br /> "Index"), it being acknowledged that th Index is not necessarily <br /> (a) the lowest rate of interest or the onl "LIBOR" denominated <br /> interest rate then available from the Bank n fluctuating rate loans or <br /> (b) calculated in the same manner as any ot er "LIBOR" denominated <br /> interest rate offered b the Bank. It is furt er acknowled ed that the <br /> Y g <br /> Index is not necessarily calculated in the ame manner as any other <br /> "LIBOR" denominated interest rate offe ed by any other bank or <br /> published by any publication. The Bank will tell the City the current <br /> Index rate upon the City's request. The in erest rate change will not <br /> occur more often than each month on the ereinafter defined Change <br /> Date. The City understands that the Bank may make loans based on <br /> other rates as well. The interest rate to be applied to the unpaid <br /> 2291482.01.03.doc <br /> 2142503•KK•8/14/07 <br />