Laserfiche WebLink
attested by the City Clerk of the City (the "City Clerk" ) , and <br /> the delivery thereof. Such Series 1g88 Note and Mortgage shall <br /> be substantially in the forms of the Series 1988 Note and the <br /> Mortgage attached hereto and marked Exhibit A and Exhibit B, <br /> respectively, and hereby approved, or with such changes therein <br /> as shall be approved by the officials of the City executing the <br /> same, such execution to constitute conclusive evidence of their <br /> approval, and of the City Council ' s approval, of any changes or <br /> revisions therein from the forms of the Series 1988 Note and the <br /> Mortgage attached hereto. <br /> SECTION 4. Series 1988 Bo�ds. In order to obtain <br /> funds to lend to the Corporation for the purposes aforesaid, <br /> there is hereby authorized the issuanca of not in excess of <br /> $7,000,000 in aggregate principal amou�t of the Series 1988 <br /> Bonds. The Series 1988 Bonds shall be issued in all respects in <br /> compliance with the Trust Indenture referred to in Section 5 <br /> hereof. The Series 1988 Bonds shall not represent or constitute <br /> a debt of the City within the meaning of the provisions of the <br /> Constitution or statutes of the State of Illinois or a pledge of <br /> the full faith and credit of the City. The Series 1988 Bonds and <br /> the interest payable thereon shall not give rise to a pecuniary <br /> liability of the City or a charge against its general credit or <br /> taxing powers. <br /> The Series 1988 Bonds and the interest and premium, if <br /> any, payable thereon, shall be limited obligations of the City <br /> -5- <br />