Laserfiche WebLink
. , � <br /> STATE OF ILLINOIS ) <br /> ) SS <br /> COUNTY OF MACON ) <br /> [FORM OF] <br /> NOTE ORDER <br /> We, Steve Garman and Beth Couter, do hereby certify that we are, respectively, the City <br /> Manager and the Director of Financial Management of the City of Decatur, Macon County, <br /> Illinois (the "City"); and as such officers, we have reviewed the books, records, minutes and <br /> files of the City, and from such review and based on our authority, we do further certify as <br /> follows: <br /> 1. On March 5, 2001, the Council adopted Ordinance Number of the City <br /> entitled: <br /> AN ORDINANCE providing for the issuance of not to exceed <br /> $10,000,000 General Obligation Line of Credit Notes, of the City <br /> of Decatur, Macon County, Illinois, to pay the costs of <br /> redevelopment projects, and providing for the security for and <br /> payment of said Notes. <br /> the "Note Ordinance" . The terms as used herein are defined in the Note Ordinance. <br /> � ) <br /> 2. The Note Ordinance, in accordance with delegated limits, authorizes us to sell the <br /> Notes. <br /> 3. We hereby approve sale of a $ portion of the Notes ("Today's <br /> Notes") to National City Bank of Michigan/Illinois, Decatur, Illinois, at a price of par. The <br /> amount of Today's Notes added to the amount of Notes previously issued pursuant to the Note <br /> Ordinance equals $ of the authorized amount of not to exceed $10,000,000 of <br /> Notes. <br /> 4. Today's Notes shall bear interest at the "Formula Rate" as defined in the Note <br /> Ordinance. <br /> Interest on Today's Notes shall be payable on , 2001, and semiannually <br /> thereafter. <br /> 5. The Notes shall be subject to redemption upon the terms specified in the Note <br /> Ordinance. <br />