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91-32 AUTHORIZING THE EXECUTION AND DELIVERY OF A MEMORANDUM OF AGREEMENT, AN OFFICIAL STATEMENT AND A BOND PURCHASE AGREEMENT PERTAINING TO THE ISSUANCE OF THE HOSPITAL FACILITY REVENUE REFUNDING BONDS, SERIES 1991A
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91-32 AUTHORIZING THE EXECUTION AND DELIVERY OF A MEMORANDUM OF AGREEMENT, AN OFFICIAL STATEMENT AND A BOND PURCHASE AGREEMENT PERTAINING TO THE ISSUANCE OF THE HOSPITAL FACILITY REVENUE REFUNDING BONDS, SERIES 1991A
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Last modified
8/22/2016 3:33:08 PM
Creation date
8/22/2016 3:33:07 PM
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Resolution/Ordinance
Res Ord Num
91-32
Res Ord Title
AUTHORIZING THE EXECUTION AND DELIVERY OF A MEMORANDUM OF AGREEMENT, AN OFFICIAL STATEMENT AND A BOND PURCHASE AGREEMENT PERTAINING TO THE ISSUANCE OF THE HOSPITAL FACILITY REVENUE REFUNDING BONDS, SERIES 1991A...AND SERIES 1991B...
Approved Date
5/20/1991
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t ` „ • <br /> pRDINANCE NO. 91-3� <br /> AN OTtUINANCE authorizi.ng the execution �nd <br /> delivery of a Memorandum of Agreement, an <br /> Official Statement and a Bond Purchase <br /> Agreement pertaining to the issuance of the <br /> Hospital Faci].i.ty Revenue Refunding Bonds, <br /> Sex�es 1991A (Decatur Memorial Hospital) and <br /> the Hospital Facility Revenue Bonds, Series <br /> 1991B (Decatur Memorial Hospital) of the City <br /> of Aecatur, Macon County, Iilinois. <br /> * * * * <br /> WHER�AS, pursuant to an ordinance entitled "AN <br /> ORDINANCE setting forth the determination by the Council of the <br /> CitX of Decatur , Macon County, �llinois, that it is in the public <br /> inte�'est to assist hospitals seXving residents of the <br /> Municipality in financing hospital facilities, and prescribinq <br /> the procedures ta be Eollow�d in the issuance of Hospita]. <br /> Facility Revenue Bonds by the Municipality" duly adoptecl by the <br /> Council of the Ci�y of pecatur, Macon County, Zllinois <br /> (her�i.nafter re�erred to as the "Municipality") on April 4, 1977, <br /> and approved by the Mayor on April 4, 1977 , as amended by an <br /> ordinance duly adopted by th� Council on April 4, 1988 and <br /> approved by the Mayor on April 4, 1986 (as sd amended, the <br /> "Enabling Ordinance" ) , the Municipality is authorized to iseue <br /> Hospita7. Facility Revenue and Revenue Refunding Honds for the <br /> puxposes af Einanc�ng in whole or in par� the cost o� the <br /> acquisition, purchase, construction, reconstruction, irnprovement, <br /> equipping, beCterment or extension o� hospital, nursing home or <br /> otiher health care Facilities and of re�unding bonds previously <br />� <br />
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