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88-88 AUTHORIZING AND APPROVING THE ISSUANCE AND SALE OF ...ILLINOIS REVENUE BONDS, MILLIKIN UNIVERSITY, SERIES 1988
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88-88 AUTHORIZING AND APPROVING THE ISSUANCE AND SALE OF ...ILLINOIS REVENUE BONDS, MILLIKIN UNIVERSITY, SERIES 1988
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Last modified
8/25/2016 10:39:51 AM
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8/25/2016 10:39:50 AM
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Resolution/Ordinance
Res Ord Num
88-88
Res Ord Title
AUTHORIZING AND APPROVING THE ISSUANCE AND SALE OF NOT TO EXCEED $7,000,000 CITY OF DECATUR, MACON COUNTY, ILLINOIS REVENUE BONDS, MILLIKIN UNIVERSITY, SERIES 1988...
Approved Date
10/3/1988
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SECTION 6. Bond Purchase Agreement. The City Council <br /> does hereby authorize and approve the execution by the Mayor and <br /> the delivery of a bond purchase agreement (the "Bond Purchase <br /> Agreement" ) among the City, the Corporation and William Blair & <br /> Company, as underwriter (the "Underwriter" ) , pursuant to which <br /> the Underwriter will offer to purchase the Series 1988 Bonds. <br /> Such Hond Purchase Agreement shall be substantially in the form <br /> of the Bond Purchase Agreement attached hereto and marked Exhibit <br /> D and hereby approved, or with such changes therein as shall be <br /> approved by the Mayor, such execution to constitute conclusive <br /> evidence of the Mayor ' s approval, and of the City Council ' s <br /> approval, of any changes or revisions therein from the form of <br /> the Bond Purchase Agreement attached hereto. <br /> SECTION 7. Official Statement. The City Council does <br /> hereby authorize and approve the execution by the Mayor of an <br /> Official Statement (the "Official Statement" ) on behalf of the <br /> City relating to the Series 1988 Honds . Such Official Statement <br /> shall be in substantially the form of the draft of the <br /> Preliminary Official Statement (the "Preliminary Official <br /> Statement" ) attached hereto and marked Exhibit E and hereby <br /> approved, or with such changes therein as shall be approved by <br /> the Mayor, such execution to constitute conclusive evidence of <br /> the Mayor ' s approval, and of the City Council 's approval of any <br /> changes therein from the form of the Preliminary Official <br /> Statement attached hereto. <br /> -7- <br />
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