R99-187 AUTHORIZING THE ISSUANCE AND SALE OF ECONOMIC DEVELOPMENT REVENUE BONDS

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� , , � NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE , CITY OF DECATUR, ILLINOIS, AS FOLLOWS: Section 1. Definitions. Terms defined in the Loan Agreement and used herein shall have the meanings set forth in the Loan Agreement unless the context or use indicates another or different meaning. The following words and terms as used in this resolution shall have the following meanings unless the context or use indicates another or ' different meaning or intent: �, "Act" means The Industrial Project Revenue Bond Act, 65 ILCS 5/11-74-1 et I seq., as supplemented and amended, including by the Illinois Bond Replacement Act, the Registered Bond Act, the Bond Authorization Act and Section 6 (Powers of Home Rule Units) of Article VII (Local Government) of the Constitution of the State of Illinois. I "Adjusted Interest Rate" means the rate calculated by the Bondholder so as to provide the Bondholder a tax equivalent yield on the Bonds equal to the national prime rate as most recently published at that time in the Wall Street Journal. "Arbitrage Regulation Agreement" means the Arbitrage Regulation Agreement dated as of November 1, 1999, by and between the Company and the Issuer. "Assignee" means Central Illinois Bank, an Illinois banking corporation, with its office at P.O. Box 200, 240 S. Main Street, Decatur, Illinois 62525-0200, as Assignee pursuant to the Assignment. "Assignment" means the Assignment and Agreement dated as of November 1, 1999, between the Issuer and the Assignee. "Assignment of Rents and Leases" means the Assignment of Rents and Leases dated as of November 1, 1999, from the Company to the Issuer and assigned to the Assignee, as its interests appear, as from time to time amended and supplemented by a Supplemental Assignment of Rents and Leases. "Base Rate" means the floating, daily, variable rate of interest determined and announced by the Assignee from time to time as its "Base Lending Rate" (without reference to prime or base rate of any other financial institution) which rate may not necessarily be the lowest rate of interest charged by the Assignee to any of its customers. "Bond" or"Bonds" means the Bonds authorized to be issued hereunder. "Bond Fund" means "The City of Decatur Economic Development Revenue Bonds Bond Fund (Easter Seals Central Illinois, Inc. Project)" created by Section 5 hereof. "Bond Purchase Agreement" means the Bond Purchase Agreement dated November 2, 1999, among the Issuer, the Bondholder and the Company. 3