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SECTION 8. Tax Exemption Agreement and Certificate. The City Council does <br /> hereby authorize and approve the execution by the Mayor and the delivery of a Tax <br /> Exemption Agreement and Certificate (the "Tax Agreement"), among the City, the <br /> Corporation and the Trustee, pursuant to which certain investment earnings on moneys held <br /> by the Trustee will be transferred to a Rebate Fund established thereunder, as more fully <br /> described in the Tax Agreement. Such Ta�c Agreement shall be in such form as is acceptable <br /> to Chapman and Cutler, Bond Counsel, and to counsel for the City, such execution to <br /> constitute conclusive evidence of the Mayor's approval, and of the City Council's approval, <br /> of the final form of the Tax Agreement. <br /> SEC`r�ON 9. Bond Insurance Policy. The City Council hereby approves the issuance <br /> and delivery by AMBAC Indemnity Corporation, a Wisconsin stock insurance company, of <br /> its municipal bond insurance policy (the "Bond Insurance Policy") providing security for the <br /> regularly scheduled payment of principal and interest on the Series 1993 Bonds as and when <br /> due. The Bond Insurance Policy shall be substantially in the form of the specimen Bond <br /> Insurance Policy attached hereto and marked Exhibit F and hereby approved, or with such <br /> changes therein as shall be approved by the officials of the City executing the Mortgage, <br /> such execution to constitute conclusive evidence of their approval, and of the City Council's <br /> approval, of any changes or revisions therein from the form of the Bond Insurance Policy <br /> attached hereto. <br /> SECTION 10. Series 1988 Supplemental Indenture. The City Council does hereby <br /> authorize and approve the execution by the Mayor under the seal of the City, attested by its <br /> City Clerk, and the delivery of a First Supplemental Trust Indenture dated as of August 1, <br /> 1993 (the "Series 1988 Supplemental Indenture") between the City and First of America <br /> Trust Company, an Illinois trust company (formerly known as The Citizens National Bank <br /> of Decatur, Decatur, Illinois), as trustee (the "Series 1988 Trustee"), supplementing and <br /> -7- <br />