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of the general health and welfare of the residents of the City <br /> and the surrounding areas to authorize the issuance of not to <br /> exceed $7,000,000 in aggregate principal amount of City of <br /> Decatur, Macon County, Illinois Revenue Bonds, Millikin <br /> University, Series 1988 (the "Series 1988 Bonds" ) , and the same <br /> is a matter pertaining to the government and affairs of the City; <br /> and <br /> WHEREAS, in accordance with Section 147(f) of the <br /> Internal Revenue Code of 1986 (the "Code" ) , following reasonable <br /> notice to the public describing the Project, identifying the <br /> owner of the Project, identifying the use and location of the <br /> Project and specifying the maximum amount of revenue bonds to be <br /> issued by the City to finance the Project, this Council of the <br /> City of Decatur, Macon County, Illinois ( the "City Council" ) held <br /> a public hearing on October 3, 1988 at which all taxpayers, <br /> residents or other interested persons were given an opportunity <br /> to express their views for or against the proposed financing; <br /> NOW, THEREFORE, Be It Ordained by the Council of the <br /> City of Decatur, Macon County, Illinois, as follows: <br /> SECTION l. Exercise of Home Rule Powers. The City is <br /> a home rule unit under the provisions of the 1970 Constitution of <br /> Illinois, and as a home rule unit may, under the powers granted <br /> by Section 6(a) of Article VII thereof, "exercise any power and <br /> perform any function pertaining to its government and affairs. " <br /> This Ordinance is adopted pursuant to the City' s home rule <br /> -3- <br />