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6157 �
<br /> NOTICE OF �
<br /> PUBLIC HEARING
<br /> , Not�ce is hereby given ihat � ��06157
<br /> public hearing will be held onl
<br /> Monday, May 24, 1993 at 7:30�
<br /> COPY be s. 3�dhFloor, One�GaryaK.� Certificate of Publication
<br /> AMlerson Plaza. DCCatur, III�
<br /> �ois by ihe City of Decatur,
<br /> MacOn COUnty, IIIinOiS (ihc
<br /> "Gity^), regartling a ptan to
<br /> issue not to exceed 513,000,000
<br /> a9yreyate principat amount ot�, STATE OF ILLINOIS '
<br /> Revenue Retunding Bonds, MiII
<br /> likin University, Series 1993 SS
<br /> Rne "Series 1993 Bontls"). Tn�
<br /> proceeas of ihe Senes 199_, MQC011 L,OU(liy' '
<br /> Bonds will be loaned to Millikiri I
<br /> Umversity, an Illinois not for I
<br /> prot�t corporation (m<' HERALD & REVIEV�� a divisicn of LEE ENTERPRISES INCORPORA?c;� o coroora ion, aoe:
<br /> Corporation"), to provide ihel �
<br /> Corporat�on witn an or a por nerebvi cer?ifv that ir is the c�ublisher oi ihe Herala & Rewew, a dailv seculor ne��spaper c'
<br /> s�on ot the funds necessary io:� qenerol arculation in said Count� orinTeo ar,a pubhsnea in *ne Cin et Deco�,.� m sa;o
<br /> (�; fmance, refmance or reim '
<br /> bur5e the CO�pOratton fOr ihf COUf1tV Ofld StOt2, Ofld ihOT Shcd f10WSDOpEf IS O IIEWSDdpEf 45 d@hfl@C7 ir' "�� .`�;1 TO feVlSr 'i
<br /> cosrs of ine acquisition, con the law in relaTion to notices,' appro�ed rebruor; 13 18'4 as amenae.� ano tnc�i m=
<br /> srruct�on, renovar�on and equ�P advertisement or notice hereunlo annexea aoa moae a oar� ot �nis ce�?iricoi� nas oeer !
<br /> ping of certain of its eclucation published in said '
<br /> al faeilities; (ii) advaoce '�
<br /> refuntl all or a portion of the; �
<br /> City pf Decatur, Macon County, �
<br /> winois Revenue Bonds,nnillikinl newspaper one time in each and every copy and impression of ihe final edition ihereof, 'i
<br /> Unrversity, Series 1988, i5suedl and that the publication thereof �
<br /> in ihe original aggregate princi I
<br /> pol amount Of E6,735,000 (ihC� 'i
<br /> "Series 1968 Bpnds"); (iiii� '�
<br /> advance refunu au or a portion was in the final edrfion of soia newspaper cr Frlday the �th '
<br /> of t�e outstanding City o` j
<br /> Decatur,Macon Cou�ty, Illinois �,
<br /> rtevenue sonus, Millikin un�-� May 93 Mary Crisler '
<br /> versiry, Series t99t, �ssued �n� day of �D 1-_ ,and inor
<br /> ihe o�iginal aggregate principal� ���
<br /> amount of f7,960,000 I1heI 'i
<br /> "series tvl eondr�); c�v) make� by resolution of the Boord of Directors nas auihority To make this certrficote
<br /> any tleposits to certain funds ��
<br /> required to be maintametl fnI ��.
<br /> accordance with a irust inden Mary Crisler
<br /> rure cthe ••Indenture••) between IN TESTIMONY WHEREOF,tne sair. has nereunic
<br /> ihe City and a bank or trusi '�.
<br /> company, as irustee; and (v) �
<br /> pay certain cost5 incurred in .
<br /> connection with the issuance ol, pffixed ihe name of said CompanV.this 7th day c' May
<br /> ihe Series 1993 Bonds and thc� . ��,
<br /> �ativance refundmg of the Series ����
<br /> 1986 Bonds and ibe Series 7991 9 3 ��'
<br /> eorws,inclutling bond issurance A D, 19_ '
<br /> premium if deemed necessary I
<br /> or desirab�e by ihe City antl ihe i
<br /> CorporatiOn,all a5 permitted by I
<br /> ihe Constitution and laws of ihe� i�
<br /> State of Illinois. The proceeds; Fee S 66.6� HERALD&REVIEW a division or �
<br /> of the Series 1988 Bonds were LEE ENTERPRISES INCORPORAT"r;' I
<br /> used by ihe Corporaiion to: (i);
<br /> finance, retinance or obtain Received S ��U
<br /> reimbursement for all or a por-;
<br /> fion of the costs of coniructinq'
<br /> and equipping iwo dormitories; `-_ / /�Q�
<br /> tor use by iis siudenis; (ii)� _� ! _ �
<br /> obtain reimbursemeni tor cer-
<br /> made�inr o n,eciion w�idht�he B ..�t , ��.1,,,> B • , �
<br /> renovation of its adminisirafion v y �
<br /> tiuilding, Shilling Hall; (iii)
<br /> establish a ilebt service reserve
<br /> funtl for the Series 7988 Bonds;
<br /> and (iv) pay certain costs
<br /> incurred in conneciion with the
<br /> issuanCe uf ihe Series 1988
<br /> �Bonds. The proceeCs Of ihe
<br /> Series 1991„bonds were used by
<br /> ihe Corpofation to: (i) fian-
<br /> ance, refinance or obtain reim-
<br /> bursemeni for all or a portion
<br /> of ihe cosis M consiructing antl .
<br /> equipping two .tlormitories for
<br /> USe by if5 StudE�t; (ii)eSJabliSh I
<br /> a debt service reserve fund for�
<br /> the Series 1991 gonds; and (iii)i
<br /> pay certain costs incurred in
<br /> connxtion with ihe issuance ol�
<br /> ihe Series 1991 Bonds. The edu
<br /> cational facilities being
<br /> f�nancetl, refinanced or tor�
<br /> Which ihE COfpOfdtiOfl i5 b@inq
<br /> reimbursetl are lacated on lana;
<br /> owned by ihe Corporat�on at its'�
<br /> main campus in ihe City of
<br /> Decatur, Macon Couniy, Illmo�s
<br /> and borderetl generally by West
<br /> Eidorado Sireet on ihe norih,
<br /> Fairview AvenVe on ihe wes7,
<br /> West Wood Sireei on ihe Souih
<br /> and the Norfolk Southern rail�
<br /> road iracks on the east.
<br /> The Series 1993 Bonds do not
<br /> constitute a debt of the City or
<br /> of ihe State of Iliinois with�n
<br /> ihe meaning of the provisions os ,
<br /> thf COl151itUti011 O� Std1U125 Of'
<br /> ihe Siate of Illinois or a pledge
<br /> of ihe faith and credit of the
<br /> City or of ihe State of tltinois or
<br /> any political subdivision there-
<br /> of. The Series 1993 Bonds will
<br /> be payable solely out of ihe rev-
<br /> enues and other funtls pledged i
<br /> for iheir payment m accor
<br /> tlance with ihe Indeniure. The i
<br /> Series 7993 Bontls and ihe inter� !
<br /> est payable ihereon tlo not g�ve �
<br /> rise to a pecuniary liabilitY of ,
<br /> ihe City or a charge agamst its j
<br /> general credit or taxing powers �
<br /> The public hearin9 is required i
<br /> by SeChOn 147(f)Of ihe Internal '
<br /> �Revenue Code of 1986 as
<br /> tamanded. W��tten commems
<br /> may be submittetl to ihe C�ry
<br /> Clerk at ihe office of ihe Gty
<br /> Clerk W the Citv of oxar���
<br />
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