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ORDINANCE NO. 98 - 33 <br /> AN ORDINANCE authorizing the execution and delivery of an <br /> Intergovernmental Cooperation Agreement and certain documents <br /> in connection therewith; and related matters. <br /> WHEREAS, pursuant to Section 6(a) of Article VII of the 1970 Constitution of the <br /> Sta.te of Illinois, the City of Decatur, Macon Counry, Illinois, is a municipality and a home <br /> rule unit of government duly organized and validly existing under the Constitution and the <br /> laws of the State of Illinois (the "Municipality"); and <br /> WHEREAS, pursuant to the Consriturion and the laws of the State of Illinois, and <br /> particularly Section 6(a) of Article VII of the 1970 Consritution of the State of Illinois, the <br /> Municipality is authorized to issue its revenue bonds in order to aid in providing an adequate <br /> supply of residential housing for low and moderate income persons and families within the <br /> Municipality, which constitutes a valid public purpose for the issuance of revenue bonds by <br /> the Municipality; and <br /> WHEREAS, the Municipality has now determined that it is necessary, desirable and in <br /> the public interest to issue revenue bonds to provide an adequate supply of residential <br /> housing for low and moderate income persons and families within the Municipality; and <br /> WHEREAS, pursuant to Section 10 of Article VII of the 1970 Constitution of the State <br /> of Illinois and the Intergovernmental Cooperation Act (S Illinois Compiled Statutes 1996, <br /> 220/1 et seq., as supplemented and amended), public agencies may exercise and enjoy with <br /> any other public agency in the State of Illinois any power, privilege or authority which may <br /> be exercised by such public agency individually, and, accordingly, it is now determined that <br /> it is necessary, desirable and in the public interest for the Municipality to enter into an Inter- <br /> governmental Cooperation Agreement (the "Cooperation Agreement") dated as of June l, <br /> 1998, by and among the Municipality and certain other municipalities named therein (the <br />