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�a _ � t..�-� �..�.��� � <br /> SIGNED <br /> New Issue �o�Y Investment Rating: <br /> Date of Sale: Monday, October 1,2007 Moody's Investors Service ... <br /> 10:00- 10:30 A.M., C.D.T. (Internet Sale) (Rating Requested) <br /> 10:30 A.M., C.D.T. (Sealed Bids) <br /> (A[ternate Bid Methods) <br /> Of�cial Statement <br /> Interest on the Notes is not excludable from gross income for federa[income tax purposes. Noteholders should consult their tcc.r advisors <br /> with respect to the inclusion of interest on the Notes in gross income for federal income tca purpose . See "CERTAIN FEDERAL INCOME TAX <br /> CONSIDERATIONS"herein for a more complete discussion. Interest on the Notes is not exempt m present State of Illinois income taxes. <br /> ��F��Fry $7�225,�* <br /> � A CITY OF DECATUR <br /> Macon County, Illinois <br /> '�<LINO�`f Taxable General Obligation Notes, Series 2 7 <br /> Dated October 1, 2007 Book-Entry Due December 15, 2010 <br /> The $7,225,000* Taxable General Obligation Notes, Series 2007 (the "Notes") are being issued by the City of Decatur, <br /> Macon County, Illinois (the "City"). Interest is payable semiannually on June 15 and De ember 15 of each year, commencing June <br /> 15, 2008. The Notes will be issued using a book-entry system. The Depository Trust C mpany ("DTC"), New York, New York, <br /> will act as securities depository for the Notes. The ownership of one fully registered Not will be registered in the name of Cede& <br /> Co., as nominee for DTC and no physical delivery of Notes will be made to purchasers. The Notes will mature on December 15, <br /> 2010. <br /> AMOUNT*, MATURITY, INTEREST RATE AND PRIC OR YIELD <br /> Principal Due Interest Y eld or <br /> Amount* Dec. 15 Rate rice <br /> $7,225,000 . . . . . . 2010 - o <br /> OPTIONAL REDEMP'TION <br /> The Notes are caliable in whole or in part on any date on or after December 15, 2009, at a price of par and accrued <br /> interest. If less that all the Notes are called, they shall be redeemed in such princi al amounts as determined by lot. See <br /> "OPTIONAL REDEMPTION" herein. <br /> PURPOSE, LEGALITY AND SECURITY <br /> The Note proceeds will be used to finance the acquisition by the City of the D catur Conference Center and Hotel, fund <br /> related capital reserves, and pay the costs of issuance of the Notes. See "THE PROJEC " herein. <br /> In the opinion of Chapman and Cutler LLP, Chicago, Illinois, Bond Counsel, e Notes will constitute valid and legally <br /> binding obligations of the City payable both as to principal and interest from ad valore taxes levied against all taxable property <br /> therein without lunitation as to rate or amount, except that the rights of the owners of the Notes and the enforceability of the Notes <br /> may be limited by bankruptcy, insolvency, moratorium, reorganization and other simil r laws affecting creditors' rights and by <br /> equitable principles, whether considered at law or in equity, including the exercise of judi ial discretion.. <br /> This Official Statement is dated September 18, 2007, and has been prepared und r the authority of the City. An electronic <br /> copy of this Official Statement is available from the www.speerfinancial.com web site nder "Debt Auction Center/Competitive <br /> Sales Calendar". Additional copies may be obtained from Mr. Ron Neufeld, D'uector of Financial Management and Treasurer, <br /> City of Decatur, One Gary K. Anderson Plaza, Decatur, Illinois 62525, or from the Inde endent Public Finance Consultants to the <br /> City: <br /> Established 1954 <br /> Speer Financial, Inc. <br /> INDEPENDENT PUBLIC FINANCE CONSULT NTS / <br /> ONE NORTH LASALLE STREET,SUITE 4100•CHICAGO,ILLI OIS 60602 <br /> Telephone: (312)346-3700; Facsimile: (312)346-8833 <br /> www.speerfinancial.com <br /> *Subject to change to result in a net proceeds amount of approximately$7,125,000;see Official Notice of Sale. <br />