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2004-21 PROVIDING FOR ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS, SERIES 2004B
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2004-21 PROVIDING FOR ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS, SERIES 2004B
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1/27/2016 3:32:24 PM
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1/27/2016 3:32:20 PM
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Resolution/Ordinance
Res Ord Num
2004-21
Res Ord Title
PROVIDING FOR THE ISSUANCE OF $29,070,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2004B, AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS
Approved Date
3/15/2004
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� , . <br /> M[31/� <br /> 8. No material adverse change affecting any security for the Obligations shall have <br /> occurred priar to the delivery of and payment for the Obligations. <br /> 9. The Insurer's "Payments Under the Policy/Other Required Provisions" (see attached) <br /> shall be included in the authorizing document. <br /> 10. The Applicant agrees not to use the Insurer's name in any public document including, <br /> without limitation, a press release or presentation, announcement or forum without the Insurer's <br /> prior consent. In the event that the Applicant is advised by counsel that it has a legal obligation <br /> to disclose the Insurer's name in any press release, public announcement or other public <br /> document, the Applicant shall provide the Insurer with at least three (3) business days' prior <br /> written notice of its intent to use the Insurer's name together with a copy of the proposed use of <br /> the Insurer's name and of any description of a transaction with the Insurer and shall obtain the <br /> Insurer's prior consent as to the form and substance of the proposed use of the Insurer's name and <br /> any such description. <br /> 11. This Commitment may be signed in counterpart by the parties hereto. <br /> 12. Compliance with the Insurer's Standard Conditions for Refundings (see attached). <br /> Dated this 18th day of March, 2004. <br /> MBIA I surance Corporation <br /> � , <br /> , <br /> By <br /> sta ec etary <br /> CITY OF DECATUR, MACON COUNTY, ILLINOIS <br /> By: <br /> Title: <br />
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