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2004-20 PROVING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES 2004A
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2004-20 PROVING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES 2004A
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1/28/2016 8:57:54 AM
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Resolution/Ordinance
Res Ord Num
2004-20
Res Ord Title
PROVIDING FOR THE ISSUANCE OF $12,245,000 GENERAL OBLIGATION BONDS, SERIES 2004A, 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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i <br /> t � i <br /> event of conflict between the provisions of said code and home rule powers, the home rule <br /> powers shall be deemed to supersede the provisions of said code. <br /> `Bond" or `Bonds" means one or more, as applicable, of the $12,245,000 General <br /> Obligation Bonds, Series 2004A, authorized to be issued by this Ordinance. <br /> "Bond Ficnd" means the Bond Fund established and defined in Section 14 of this <br /> Ordinance. <br /> "Bond Moneys" means the Pledged Taxes and any other moneys deposited into the <br /> Bond Fund and investment income earned in the Bond Fund. <br /> "Bond Register" means the books of the City kept by the Bond Registrar to evidence the <br /> registration and transfer of the Bonds. <br /> "Bond Registrar" means National City Bank of Michigan/Illinois c/o National City <br /> Bank of Indiana, Indianapolis, Indiana, a national banking association, or a successor thereto or <br /> a successor designated as Bond Registrar hereunder. <br /> "City" means the City of Decatur, Macon County, Illinois. <br /> "Code" means the Internal Revenue Code of 1986, as amended. <br /> "Council" means the Council of the City. <br /> "County Clerk" means the County Clerk of The County of Macon, Illinois. <br /> "Ordinance" means this Ordinance, numbered as set forth on the title page hereof, and <br /> passed by the Council on the 15th day of March 2004. <br /> "Paying Agent" means National City Bank of Michigan/Illinois c/o National City Bank <br /> of Indianapolis, Indiana, a national banking association, or a successor thereto or a successor <br /> designated as Paying Agent hereunder. <br /> "Pledged Taxes" means the taxes levied on the taxable property within the City to pay <br /> principal of and interest on the Bonds as made in Section 11 hereof. <br /> -3- <br />
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