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91-47 AUTHORIZING THE ISSUANCE OF $9,950,000 HOSPITAL FACILITY REVENUE REFUNDING BONDS, SERIES 1991A...
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91-47 AUTHORIZING THE ISSUANCE OF $9,950,000 HOSPITAL FACILITY REVENUE REFUNDING BONDS, SERIES 1991A...
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Last modified
8/22/2016 3:01:28 PM
Creation date
8/22/2016 3:01:27 PM
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Resolution/Ordinance
Res Ord Num
91-47
Res Ord Title
AUTHORIZING THE ISSUANCE OF $9,950,000 HOSPITAL FACILITY REVENUE REFUNDING BONDS, SERIES 1991A... AND $30,050,000 HOSPITAL FACILITY REVENUE BONDS, SERIES 1991B...
Approved Date
6/17/1991
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, , , - <br /> ORDINANCE NO. 91- 47 <br /> AN ORDINANCE authorizing the issuance of <br /> $9,950,000 Hospital Facility Revenue <br /> Refunding Bonds, Series 1991A (Decatur <br /> Memorial Hospital) and $30,050,000 Hospital <br /> Facility Revenue Bonds, Series 1991B (Decatur <br /> Memorial Hospital) (collectively, the <br /> "Bonds" ) by the City of Decatur , Macon <br /> County, Illinois (the "Municipality" ) ; <br /> ratifying, confirming and approving the <br /> execution and delivery of a Bond Purchase <br /> Agreement dated June 7, 1991, providing for <br /> the sale of the Bonds and an Official <br /> Statement dated June 7, 1991; approving the <br /> execution and delivery of a Loan Agreement <br /> dated as of June 1, 1991, a Bond Trust <br /> Indenture dated as of June l, 1991, a First <br /> Supplemental Bond Trust Indenture dated as of - <br />� June 1, 1991 and a Tax Exemption Agreement <br /> dated the date of initial issuance of the <br /> Bonds; and authorizing and approving certain <br /> other matters. <br /> * * * * <br /> WHEREAS, pursuant to an ordinance entitled "AN <br /> ORDINANCE setting forth the determin�tion by the Council of the <br /> City of Decatur, Macon County, Illinois, that it is in the public <br /> interest to assist hospitals serving residents of the City in <br /> financing hospital facilities, and prescribing the procedures to <br /> be followed in the issuance of Hospital Facility Revenue Bonds by <br /> the City" , duly adopted by the Council of the City of Decatur , <br /> Macon County, Illinois (hereinafter referred to as the <br /> "Municipality" ) on April 4, 1977 , and approved by the Mayor on <br /> - ted b <br /> 4 as amended b Ordinance No. 88 25 dul adop y <br /> A ril , 1977 , y Y <br /> P <br /> the Council of the Municipality on April 4, 1988, and approved by <br /> the Mayor on April 4, 1988 (as amended, the "Enabling <br />
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