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� " <br /> ALLOCATION AGREEMENT <br /> WI-�REAS the City of Decatur, Macon County, Illinois (the "City'�, the Decatur Public <br /> Building Commission, Macon County, Illinois (the "PBC'� and The County of Macon, Illinois <br /> (the "County'� are each political subdivisions of the State of Dlinois (the "State'�; <br /> WHEREAS the PBC anticipates issuing its not to exceed $9,990,000 General Obligation <br /> Lease Revenue Bonds, Series 2005 (the "Series 2005 Bonds'� on or about June 9, 2005; <br /> WHEREAS 100% of the proceeds of the Series 2005 Bonds will be used to finance or <br /> refinance buildings or portions of buildings leased to the County; <br /> WI-�REAS 100% of the principal of and interest on the Series 2005 Bonds is expected to <br /> be paid from lease payments to be made by the County to the PBC; <br /> WHEREAS certain allocations may be made under and pursuant to the provisions of <br /> Section 265(b)(3)(C) of the Internal Revenue Code of 1986 relating to the issuance of tax-exempt <br /> bonds on a"bank-qualified"basis for certain small issuers as provided in said Code section; and <br /> WHEREAS it is advantageous for both the County and the City that the Series 2005 <br /> Bonds be allocated to the County for the purposes of said Code Section; <br /> NOW THEREFORE in consideration of the mutual benefit to be derived, the County, the <br /> PBC and the City hereby agree as follows: <br /> 1. Allocation Made. <br /> For purposes of said Section 265(b)(3)(C), a11 (100%) of the Series 2005 Bonds sha11 be <br /> allocated to the County, and none of the Series 2005 Bonds sha11 be allocated to either the City or <br /> the PBC. <br />