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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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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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property in the City sufficient to pay the interest hereon as the same falls due and also to a <br /> PY <br /> and discharge the principal hereof at maturity. <br /> THE CITY HAS DESIGNATED THIS BOND AS A"QUALIFIED TAX-E��MPT OBLIGATION" <br /> PURSUANT TO SECTION 265(b)(3) OF THE INTERNAL.REVENLTE CODE OF 1986. <br /> This Bond shall not be valid or become obli;atory for any purpose until the certificate <br /> of authentication hereon shall have been signed by the Bond Registrar. <br /> IN WITNESS WHEREOF the City of Decatur, �Iacon County, Illinois, by its Council, <br /> has caused this Bond to be executed by the manual or duly authorized facsimile signature of <br /> its Mayor and attested by the manual or duly authorized facsimile signature of its City Clerk <br /> and its corporate seal or a facsimile thereof to be impressed or reproduced hereon, all as <br /> appearing hereon and as of the Dated Date identified above. <br /> 1 ay , C' of Decatur <br /> Macon Cou <br /> ATTEST: � <br /> �-- <br /> �.� C�-� <br /> Ciry Clerk, City of Decatu <br /> Macon County, Illinois <br /> [S�.�,� <br /> -14- <br />
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