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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
Creation date
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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• The use by the Underwriter of the Preliminary Official <br /> Statement, in substantially the form attached hereto and marked <br /> Exhibit E, in connection with the marketing of the Series 1988 <br /> Bonds is hereby in all respects authorized and approved. The use <br /> by the Underwriter of the Official Statement in connection with <br /> the marketing of the Series 1988 Bonds is hereby in all respects <br /> authorized and approved. <br /> SECTION 8. Representation Letter. The City Council <br /> does hereby authorize and approve the execution by the Mayor and <br /> the delivery of a representation letter ( the "Representation <br /> Letter" ) from the City and the Trustee to Midwest Securities <br /> Trust Company providing for the registration of the Series 1988 <br /> Bonds. Such Representation Letter shall be in substantially the I'i <br /> form attached hereto and marked Exhibit F and hereby approved, or <br /> with such changes therein as shall be approved by the Mayor, such <br /> execution to constitute conclusive evidence of the Mayor ' s <br /> approval, and of the City Council 's approval, of any changes or <br /> revisions therein from the form of the Representation Letter <br /> attached hereto. <br /> SECTION 9. Tax Exemption Agreement and Certificate. <br /> The City Council does hereby authorize and approve the execution <br /> by the Mayor and the delivery of a Tax Exemption Agreement and <br /> Certificate (the "Tax Agreement" ) , among the City, the <br /> Corporation and the Trustee, pursuant to which certain investment <br /> earnings on moneys held by the Trustee will be transferred to a <br /> -8- <br />
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