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89-97 PROVIDING FOR THE ISSUANCE OF $4,900,000 CORPORATE PURPOSE BONDS, SERIES 1989
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89-97 PROVIDING FOR THE ISSUANCE OF $4,900,000 CORPORATE PURPOSE BONDS, SERIES 1989
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Last modified
8/24/2016 1:26:52 PM
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8/24/2016 1:26:50 PM
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Resolution/Ordinance
Res Ord Num
89-97
Res Ord Title
PROVIDING FOR THE ISSUANCE OF $4,900,000 CORPORATE PURPOSE BONDS, SERIES 1989, ...AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS
Approved Date
12/11/1989
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L� <br /> � � • <br /> Section 1. Definitions <br /> In addition to such other words and terms used and <br /> defined in this Ordinance, the following words and terms used in <br /> this Ordinance shall have the following meanings, unless, in <br /> either case, the context or use clearly indicates another or dif- <br /> ferent meaning is intended: <br /> "Bond" or "Bonds" means one or more, as applicable, of <br /> the $4,900,000 Corporate Purpose Bonds, Series 1989, authorized <br /> to be issued by this Ordinance. <br /> "Bond Register" means the books kept by the City as the <br /> Bond Registrar to evidence the registration and transfer of the <br /> Bonds. <br /> "Bond Registrar" means the City Treasurer of the City, <br /> or a successor thereto or a successor designated as bond regis- <br /> trar hereunder. <br /> "City" means the City of Decatur, Macon County, <br /> Illinois. <br /> "Code" means the Internal Revenue Code of 1986, as <br /> amended. <br /> "Council" means the Council of the City. <br /> "Debt Service Fund" means the Debt Service Fund estab- <br /> lished and defined in Section 11 of this Ordinance. <br /> "Enabling Ordinance" means Ordinance No. 82-22 of the <br /> City passed by the Council on February 25, 1982 as described and <br /> defined as such in the preambles to this Ordinance. <br /> -3- <br />
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