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92-88 AUTHORIZING THE ISSUANCE OF $705,000 IN AGGREGATE PRINCIPAL AMOUNT OF ECONOMIC DEVELOPMENT REVENUE REFUNDING BONDS
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92-88 AUTHORIZING THE ISSUANCE OF $705,000 IN AGGREGATE PRINCIPAL AMOUNT OF ECONOMIC DEVELOPMENT REVENUE REFUNDING BONDS
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8/16/2016 4:22:35 PM
Creation date
8/16/2016 4:22:34 PM
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Resolution/Ordinance
Res Ord Num
92-88
Res Ord Title
AUTHORIZING THE ISSUANCE OF $705,000 IN AGGREGATE PRINCIPAL AMOUNT OF ECONOMIC DEVELOPMENT REVENUE REFUNDING BONDS SERIES 1992...
Approved Date
10/19/1992
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. � <br /> (other than a Holder who is a "substantial user" of the Project <br /> or a "related person" as those terms are used in Section 147(a) <br /> of the Code) , such occurrence of circumstances relating to a <br /> specific point in time. <br /> �� �� <br /> Egecutive means the Mayor of the Issuer. <br /> "Fiscal Officer" means the City Clerk of the Issuer. <br /> "Indenture" means the Trust Indenture dated as of <br /> October 1, 1992, between the Issuer and the Trustee, including <br /> this Bond Legislation as a part thereof, and any permitted <br /> amendments or supplements thereto. <br /> "Interest Payment Date" or "interest,�ayment date" <br /> means, with respect to the Series 1992 Bonds, the first day of <br /> each June and December, commencing December 1, 1992 . <br /> "Issuer" means the City of Decatur, Illinois . <br /> "Issuing Authority" means the City Council of the <br /> Issuer. <br /> "Letter of Representations" means the Letter of <br /> Representations dated the date of initial delivery of the <br /> Series 1992 Bonds, from the Issuer and the Trustee to DTC with <br /> respect to the Series 1992 Bonds, which shall be the binding <br /> obligation of the Issuer and the Trustee. <br /> "Note" means the Promissory Note, in the form attached <br /> as Eghibit C to the Loan Agreement, issued by the Borrower to <br /> the Issuer concurrent with the delivery of the Loan Agreement . <br /> "Note Payments" means any and all payments of <br /> principal of and interest and prepayment premiums on the Note. <br /> "Original Purchaser" means the Person or Persons <br /> identified as the purchaser or purchasers in the Bond Purchase <br /> Agreement . <br /> "Outstanding Series 1992 Bond" or "Series 1992 Bond <br /> outstandina" or "outstandina" as applied to the Series 1992 <br /> Bonds, means, as of any date, any Series 1992 Bond which has <br /> been authenticated and delivered, or is then being delivered, <br /> by the Trustee under the Indenture ezcept : <br /> (a) Any Series 1992 Bond surrendered and <br /> replaced upon ezchange or transfer, or cancelled <br /> because of payment or redemption, at or prior to such <br /> date; <br /> - 5 - <br />
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