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R2001-149 AN INDUCEMENT RESOLUTION IN CONNECTION WITH INDUSTRIAL DEVELOPMENT
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R2001-149 AN INDUCEMENT RESOLUTION IN CONNECTION WITH INDUSTRIAL DEVELOPMENT
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1/21/2016 3:27:45 PM
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Resolution/Ordinance
Res Ord Num
R2001-149
Res Ord Title
AN INDUCEMENT RESOLUTION OF THE CITY OF DECATUR, ILLINOIS IN CONNECTION WITH INDUSTRIAL DEVELOPMENT - BONDS FOR DECATUR FOUNDRY, INC.
Approved Date
8/6/2001
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NOTICE OF PUBLIC HEARING <br /> PROPOSED BORROWER: Decatur Foundry, Inc. (including related parties ar an entity to be <br /> formed by it), an Illinois corporation. , <br /> PROPOSED PROJECT: To finance the acquisition, construction (which shall include I� <br /> additions, extensions, repair, renovation and rehabilitation) and installation of land, buildings, ' <br /> facilities and improvements, constituting manufacturing facilities, and related facilities, � <br /> improvements and costs for manufacturing iron casting products, at 900 East Division Street, in <br /> Decatur, Illinois. <br /> PROPOSED ISSUER: City of Decatur, Illinois. <br /> MAXIMUM BOND AMOUNT: $3,000,000. <br /> PUBLIC HEARING: , 2001 at___.m. at 1745 N. Illinois Street, in Decatur, <br /> Illinois. <br /> The Corporate Authorities of the Proposed Issuer will hold and conduct a public <br /> hearing related to the issuance by the Issuer of up to the above Maximum Bond Amount of <br /> industrial project revenue bonds to assist the Borrower in financing the Project. The bonds are to <br /> be payable solely by revenues to be generated by or on behalf of the Borrower and the Project. <br /> The Issuer's credit will not be involved. At the hearing all interest persons will be allowed to <br /> comment orally or in writing concerning the Project and the proposed issuance of the bonds. <br /> NOTE TO THE PUBLISHER: Please publish once at least 14 days before the above <br /> hearing date. Please check with Bruce Johnson (217) 429-5261 as to any blanks. Send your <br /> statement to: Decatur Foundry, Inc., 1745 N. Illinois Street, Decatur, Illinois 62523 and two <br /> certificates of publication (with the notice copy) to Evans, Froehlich, Beth & Chamley, 44 Main <br /> Street, Third Floor, Champaign,Illinois 61820. <br />
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