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. + � � � �� <br /> WHEREAS, it is necessary for the Issuer to execute and I, <br /> deliver an Rssignment Agreement to be dated as of May 1, 1996 I <br /> (the "Assignment") with First American National Bank, Memphis, , <br /> Tennessee, as Assignee (the "Assignee") , pursuant to which, among II <br /> other things, the details of the Bonds are set forth and the Loan <br /> Agreement is assigned to the Assignee; and ', <br /> FIHEREAS, the Issuer has caused to be prepared and II <br /> presented to this meeting the following documents, which the I'� <br /> Issuer proposes to enter into: � � <br /> 1. The Loan Agreement by and between the Issuer and _ I�� <br /> the Borrower; � I�� <br /> 2 . The Assignment by and between the Issuer and the i <br /> Assignee, setting forth, among other things, the form of the <br /> Bonds; and I <br /> 3 . The Tax Regulatory Agreement to be dated as of May <br /> 1, 1996 (the "Tax Regulatory Agreement") by and among the Issuer, <br /> the Borrower and the Assignee; and <br /> NOW, 2'HEREFORE, BE IT RESOLVED BY T�iE CITY COUNCIL OF <br /> THE CITY OF DECATUR, MACON COUNTY, ILLINOIS, AS EOLLOWS: <br /> Section 1. Issuer pocuments. That the form, terms and <br /> provisions of the proposed Loan Agreement, Assignment and Tax <br /> Regulatory Agreement (collectively, the "Issuer pocuments") shall <br /> be, and they hereby are, in all respects approved, and that the <br /> Mayor and the City Clerk of the Issuer be, and they are hereby <br /> authorized, empowered and directed to execute and deliver the <br /> Issuer pocuments in the name and on behalf of the Issuer, to <br /> cause the Issuer pocuments to be duly executed and delivered; <br /> -3- <br />