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• ` li <br /> Section 6. Sale of Series 1992 Bonds . The Series <br /> 1992 Bonds are hereby sold and awarded to Lehman Brothers for <br /> reoffering to the public at the purchase price of par plus <br /> accrued interest and on the terms and conditions in the Bond ' <br /> Purchase Agreement. The Ezecutive and the Fiscal Officer are <br /> authorized and directed to make on behalf of the Issuer the <br /> necessary arrangements with the Trustee and the Original <br /> Purchaser to establish the date, location, procedure and <br /> conditions for the delivery of the Series 1992 Bonds to the <br /> Original Purchaser, and to take all steps necessary to effect <br /> due execution, authentication and delivery to the Original <br /> Purchaser of the Series 1992 Bonds purchased by it under the <br /> terms of this Bond Legislation, the Indenture and the Bond <br /> Purchase Agreement. It is hereby determined that the price for <br /> and the terms of the Series 1992 Bonds, and the sale thereof, <br /> all as provided in this Bond Legislation and the Bond Purchase <br /> Agreement, are in the best interest of the Issuer and <br /> consistent with all legal requirements. <br /> Section 7. Allocation of Proce ds of Series 1992 <br /> Bonds - Payment Fund. There is hereby created by the Issuer <br /> and ordered maintained, as a separate deposit account (ezcept <br /> when invested as hereinafter provided) in the custody of the <br /> Trustee, a trust fund in the name of the Issuer to be <br /> designated "City of Decatur, Illinois - The Kroger Co. Payment <br /> Fund" . All of the sums from the sale of the Series 1992 Bonds, <br /> egcept accrued interest on the Series 1992 Bonds, shall be <br /> deposited in the Payment Fund and used by the Trustee in <br /> accordance with the Loan Agreement to refund and retire the <br /> Prior Bonds no later than 90 days after the date of initial � <br /> delivery of the Series 1992 Bonds; provided, however, after the I <br /> payment in full of the Prior Bonds, all interest accrued on the <br /> money and/or investment in the Payment Fund shall be tranferred <br /> by the Trustee to the Borrower. If requested by the Issuer or <br /> the Borrower, after refunding and retirement of the Prior I, <br /> Bonds, the Trustee shall file copies of the records pertaining ' <br /> to the Payment Fund and disbursements therefrom. The Trustee I <br /> is authorized and directed to make each such disbursement. '� <br /> Section 8. Source of Payment - Bond Fund. As I' <br /> provided in the Agreement, Note Payments, sufficient in time <br /> and amount to pay the Bond Service Charges as they come due, '' <br /> are to be paid by the Borrower directly to the Trustee for the ' <br /> account of the Issuer and deposited in the Bond Fund. ' <br /> There is hereby created by the Issuer and ordered I! <br /> maintained, as a separate deposit account (ezcept when invested � <br /> as hereinafter provided) in the custody of the Trustee, a trust I <br /> fund to be designated "City of Decatur, Illinois - The Kroger <br /> Co. Bond Fund" . There are also hereby created two separate <br /> - 12 - <br />