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91-58 PROVIDING FOR THE ISSUE OF GENERAL OBLIGATION BONDS, SERIES 1991
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91-58 PROVIDING FOR THE ISSUE OF GENERAL OBLIGATION BONDS, SERIES 1991
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8/22/2016 2:16:19 PM
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Resolution/Ordinance
Res Ord Num
91-58
Res Ord Title
PROVIDING FOR THE ISSUE OF GENERAL OBLIGATION BONDS, SERIES 1991,...AND FOR THE LEVY AND COLLECTION OF A DIRECTION ANNUAL TAX SUFFICIENT TO PAY THE COMPOUND ACCRETED VALUE OF, PRINCIPAL OF AND INTEREST ON SAID BONDS...
Approved Date
8/19/1991
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premium, if any, shall be payable in lawful money of the United <br /> States of America upon presentation and surrender at the princi- <br /> pal corporate trust office of The First National Bank of Decatur , <br /> Decatur , Illinois, as bond registrar and paying agent ( the "Bond <br /> Registrar" ) . Payment of the installments of interest shall be <br /> made to the Registered Owner hereof as shown on .the registration <br /> books of the City maintained by the Bond Registrar at the close <br /> of business on the 15th day of the month next preceding each <br /> interest payment date and shall be paid by check or draft of the <br /> Bond Registrar mailed to the address of such Registered Owner as <br /> it appears on such registration books or at such other address <br /> furnished in writing by such Registered Owner to the Bond Regis- <br /> trar or, at the option of any Registered Owner of $1,000,000 or <br /> more in aggregate principal amount of Bonds, by wire transfer of <br /> immediately available funds to such bank in the continental <br /> United States as the Registered Owner hereof shall request in <br /> writing to the Bond Registrar. <br /> [ 2] Reference is hereby made to the further provisions <br /> of this 8ond set forth on the reverse hereof and such further <br /> provisions shall for all purposes have the same effect as if set <br /> forth at this place. <br /> [ 3] It is hereby certified and recited that all condi- <br /> tions, acts and things required by law to exist or to be done <br /> precedent to and in the issuance of this Bond did exist, have <br /> happened, been done and performed in regular and due form and <br /> time as required by law; that the indebtedness of the City, <br /> -27- <br />
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