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2005-79 AUTHORIZING THE ISSUANCE OF BONDS AND AGREEMENTS
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2005-79 AUTHORIZING THE ISSUANCE OF BONDS AND AGREEMENTS
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12/4/2015 11:39:39 AM
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12/4/2015 11:39:33 AM
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Resolution/Ordinance
Res Ord Num
2005-79
Res Ord Title
AUTHORIZING THE ISSUANCE OF NOT TO EXCEED 75,000,000 ILLINOIS FINANCE AUTHORITY AND CITY OF DECATUR FIRST HOME: ILLINOIS FIXED RATE SINGLE FAMILY MORTGAGE REVENUE BONDS
Approved Date
8/29/2005
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a part of this Ordinance, and a copy of the Official Statement shall be placed in the official records I <br /> of the Cit , and shall be available for public inspection at the office of the City. The Mayor, <br /> Y <br /> Treasurer or the Cit Clerk or an erson a pointed to such of�ce on an interim basis) of the <br /> Y � YP P <br /> City are each authorized, empowered and directed to certify that the Of�cial Statement is in a <br /> form"Deemed Final"by the City. <br /> Section 7. There is hereby delegated to the of�cer or of�cers executing the City <br /> Documents as provided above the power to approve any final changes from the forms of such <br /> City Documents or from the forms of the other agreements and instruments approved hereby or <br /> i 1 k or an erson a ointed to such oi�'ice on an interim <br /> b the Ma or Treasurer or the C t C er <br /> Y Y � Y � Y P PP <br /> basis) of the City, the execution of such agreements or instruments to constitute conclusive <br />' evidence of their approval of any and all changes or revisions from the form or forms of <br /> agreements or instruments approved hereby or by the Mayor, Treasurer or the City Clerk (or any <br /> person appointed to such of�ce on an interim basis) of the City, and the terms and conditions on <br /> which the Bonds shall be issued, subject only to the parameters set forth herein as to maximum <br /> interest rate, maxirnum xnaturity, maximum principal amount and minimum purchase price. <br /> Section 8. The Mayor, the Treasurer and the City Clerk (or any person appointed to �� <br /> such office on an interim basis) of the City be, and each of them hereby is, authorized to execute <br /> and deliver such documents, certificates, and undertakings of the City and to take such other <br /> actions as ma.y be required in connection with the execution, delivery and performance of the City <br /> Documents and the Bonds and the distribution of the Of�cial Statement authorized by this <br /> Ordinance; including, without limitation, any guaranteed investment contract in connection with <br /> the investment of Bond proceeds, and any supplements or amendments to the Purchase <br /> Agreement and the Of�cial Statement necessary in connection with the issuance of separate series <br /> or subseries of Bonds; and; and to delegate or assign any such powers deemed ministerial by such <br /> -7- <br />
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