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98-34 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS
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98-34 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS
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3/16/2016 8:56:06 AM
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3/16/2016 8:56:02 AM
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Resolution/Ordinance
Res Ord Num
98-34
Res Ord Title
PROVIDING FOR THE ISSUANCE OF $5,200,000 GENERAL OBLIGATION BONDS, SERIES 1998, 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
6/29/1998
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[FORM OF BOND-FRONT SIDE] <br /> REGISTERED REGISTERED <br /> NO. $ <br /> UTiITED STATES OF AMERICA <br /> STATE OF ILLINOIS <br /> THE COUNTY OF MACON <br /> CITY OF DECATUR <br /> GENERAL OBLIGATION BOND, SERIES 1998 <br /> See Reverse Side for <br /> Additional Provisions. <br /> Interest Maturity Dated <br /> Rate: Date: January 1, Date: June 30, 1998 CUSIP: <br /> Registered Owner: MAGNA BANK, NATIONAL ASSOCIATION <br /> Principal Amount: Dollars <br /> KNOW ALL PERSONS BY THESE PRESENTS that the City of Decatur, Macon County, <br /> Illinois, a municipality, home rule unit, and political subdivision of the State of Illinois (the <br /> "City"), hereby acknowledges itself to owe and for value received promises to pay to the <br /> Registered Owner identified above, or registered assigns as hereinafter provided, on the <br /> Maturity Date identified above (subject to right of prior redemption as hereinafter stated), <br /> the Principal Amount identified above and to pay interest (computed on the basis of a <br /> 360-day year of twelve 30-day months) on such Principal Amount from the later of the <br /> Dated Date of this Bond identified above or from the most recent interest payment date to <br /> which interest has been paid or duly provided for, at the Interest Rate per annum identified <br /> above, such interest to be payable on January 1 and July 1 of each year, commencing <br /> January 1, 1999, until said Principal Amount is paid or duly provided for. The principal of <br /> or redemption price on this Bond is payable in lawful money of the United States of <br /> -12- <br />
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