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t <br /> :' � <br /> ORDINANCE NO. 96-77 <br /> AN ORDINANCE AUTHORIZING AND APPROVING TI� <br /> ADVANCE REFUNDING OF A PORTION OF TI-�CITY OF DECATUR, <br /> MACON COUNTY, ILLINOIS HOSPITAL FACII.ITY REVENUE BONDS, <br /> SERIES 1991B (DECATUR MEMORIAL HOSPITAL) <br /> (TI-� "SERIES 1991B BONDS"); AUTHORIZING AND APPROVING <br /> THE EXECUTION AND DELIVERY OF A FIRST SUPPLEMENTAL BOND <br /> TRUST INDENTURE DATED AS OF NOVEMBER 1, 1996 <br /> BETWEEN THE CITY OF DECATUR, MACON COUNTY, ILLINOIS <br /> AND TI�FIRST NATIONAL BANK OF DECATUR, AS TRUSTEE <br /> (TI� "SERIES 1991B TRUSTEE"), SUPPLEMENTING TI� <br /> BOND TRUST INDENTURE DATED AS OF JUNE 1, 1991 <br /> BETWEEN SUCH PARTIES SECURING TI� SERIES 1991B BONDS; <br /> AND AUTHORIZING AND APPROVING CERTAIN RELATED MATTERS <br /> WHEREAS, the City of Decatur,Macon County, Illinois(the "City"), is a duly constituted <br /> and existing municipality and a home rule unit within the meaning of Section 6(a), Article VII of <br /> the Constitution of the State of Dlinois; and, <br /> WHEREAS, the City, pursuant to its powers as a home rule unit, is authorized and <br /> empowered to issue its revenue bonds to finance and refinance the costs of acquiring, <br /> constructing, renovating and equipping hospital, nursing home or other health care facilities in <br /> order to enhance the general health and welfare of the residents of the City and the surrounding <br /> areas; and, <br /> WHEREAS, on June 26, 1991, the City issued its City of Decatur, Macon County, Illinois <br /> Hospital Facility Revenue Bonds, Series 1991B (Decatur Memorial Hospital) in the original <br /> aggregate principal amount of $30,050,000 (the "Series 1991B Bonds") under the Bond Trust <br /> Indenture dated as of June 1, 1991 (the "Series 1991 Bond Indenture") between the City and The <br /> First National Bank of Decatur, as trustee(the "Series 1991B Trustee"); and, <br /> WHEREAS, the City loaned the proceeds of the Series 1991B Bonds to Decatur <br /> Memorial Hospital, an Illinois not for profit corporation (the "Corporation"), for the purpose of <br /> financing the costs of acquiring, constructing, renovating, remodeling and equipping certain health <br /> facilities of the Corporation(the "Project") located within the City; and, <br /> WHEREAS, the Corporation now desires to advance refund a portion of the Series 1991B <br /> Bonds with funds obtained from a loan from the Illinois Health Facilities Authority and certain <br />