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96-77 AUTHORIZING AND APPROVING THE ADVANCE REFUNDING OF A PORTION OF HOSPITAL FACILITY REVENUE BONDS
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96-77 AUTHORIZING AND APPROVING THE ADVANCE REFUNDING OF A PORTION OF HOSPITAL FACILITY REVENUE BONDS
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Last modified
3/21/2016 11:53:58 AM
Creation date
3/21/2016 11:53:56 AM
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Resolution/Ordinance
Res Ord Num
96-77
Res Ord Title
AUTHORIZING AND APPROVING THE ADVANCE REFUNDING OF A PORTION OF HOSPITAL FACILITY REVENUE BONDS, SERIES 1991B; AUTHORIZING AND APPROVING THE EXECUTION AND DELIVERY OF A FIRST SUPPLEMENTAL BOND TRUST INDENTURE
Approved Date
12/2/1996
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� �. r� <br /> .��r t .. <br /> EXHIBIT C <br /> NOTICE OF ADVANCE REFUNDING <br /> Notice of Advance Refunding of the outstanding City of <br /> Decatur, Macon County, Illinois Hospital Facility Revenue <br /> Bonds, Series 1991B (Decatur Memorial Hospital) maturing <br /> on or after October 1, 2002, issued in the original aggregate <br /> principal amount of$18,990,000, initially dated June 1, 1991. <br /> NOTICE is hereby given to owners of the Hospital Facility Revenue Bonds, <br /> Series 1991B (Decatur Memorial Hospital) of the City of Decatur, Macon County, Illinois <br /> (the "Municipality") maturing or after October 1, 2002, initially dated June 1, 1991 (the <br /> "Refunded Series 1991B Bonds") that the Refunded Series 1991B Bonds have been advance <br /> refunded pursuant to a First Supplemental Bond Trust Indenture dated as of November 1, <br /> 1996 between the Municipality and The First National Bank of Decatur, as trustee (the <br /> "Series 1991 Trustee"). United States government obligations have been placed in escrow I <br /> with the Series 1991 Trustee in a principal amount, together with the income or increment <br /> to accrue thereon and certain uninvested cash, without consideration of any reinvestment <br /> thereof, sufficient to pay the interest on the Refunded Series 1991B Bonds through and <br /> including October l, 2001 and to redeem on October 1, 2001 the Refunded Series 1991B <br /> Bonds at a redemption price of 102% of the principal amount thereof. <br /> By order of the City of Decatur, Macon County, Illinois. <br /> DA�D this day of , 1996. <br /> CITY OF DECATUR, MACON COUNTY, <br /> ILLINOIS <br /> By <br /> Its <br /> TI�FIRST NATIONAL BANK OF DECATUR, as <br /> Series 1991 Trustee <br /> By <br /> Its <br /> G1 <br />
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