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, r , . <br /> ORDINANCE NO. 2004-54 <br /> AN ORDINANCE AUTHORIZING AND APPROVING THE REFUNDING OF ALL OUTSTANDING CITY OF <br /> DECATUR�MACON COUNTY�ILLINOIS REVENUE REFUNDING BONDS� MILLIKIN UNIVERSITY� <br /> SEiuEs 1993 (T���SEiuEs 1993 Borms"��ISSUED IN THE ORIGINAL AGGREGATE PRINCIPAL AMOUNT <br /> oF$9,885�000 FOR THE BENEFIT OF MILLIKIN U1vIVERSITY� AUTHORIZING THE EXECUTION AND <br /> DELIVERY OF ANY NECESSARY DOCUMENTATIONREQUIRED TO EFFECT THE FOREGOING� AND <br /> AUTHORIZING AND APPROVING CERTAIN RELATED MATTERS. <br /> W��As, the City of Decatur, Macon County, Illinois (the "Cit}�'), is a duly constituted <br /> and existing municipality and a home rule unit within the meaning of Section 6(a), Article VII of <br /> the Constitution of the State of Illinois; and <br /> Wi-�xxEAs, the City, pursuant to its powers as a home rule unit, is authorized and <br /> empowered to issue its revenue bonds to finance and refinance the costs of acquiring, <br /> constructing, renovating and equipping educational facilities for private, nonprofit institutions of <br /> higher education located within the City in order to enhance the general health and welfare of the <br /> residents of the City and the surrounding areas; and <br /> W��As, the City has heretofore issued its $9,885,000 in original aggregate principal <br /> amount of City of Decatur, Macon County, Illinois Revenue Refunding Bonds, Millikin <br />