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88-41 AUTHORIZING THE ISSUANCE OF HEALTH CARE FACILITY REVENUE BONDS, SERIES 1988
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88-41 AUTHORIZING THE ISSUANCE OF HEALTH CARE FACILITY REVENUE BONDS, SERIES 1988
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Last modified
8/25/2016 1:38:59 PM
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8/25/2016 1:38:58 PM
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Resolution/Ordinance
Res Ord Num
88-41
Res Ord Title
AUTHORIZING THE ISSUANCE OF $7,365,000 HEALTH CARE FACILITY REVENUE BONDS, SERIES 1988...
Approved Date
5/16/1988
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M1CR�1��E�U <br /> ORDINANCE NO. 88- 41 <br /> AN ORDINANCE authorizing the issuance of <br /> $7,365,000 Health Care Facility Revenue <br /> Bonds, Series 1988 (DMEi Community Services <br /> Corporation) by the City of Decatur, Macon <br /> County, Illinois (the "Municipality" ) ; <br /> ratifying, confirming and approving the <br /> execution and delivery of a Purchase Contract <br /> dated May 4, 1988, providing for the sale of <br /> said issue of bonds; approving the execution <br /> and delivery of a Loan Agreement dated as of <br /> April 1, 1988, a Trust Indenture dated as of <br /> April 1, 1988, a Tax Exemption Certificate <br /> and Agreement dated as of April 1, 1988 and <br /> an Official Statement dated May 4, 1988; <br /> approving a Guaranty Agreement dated as of <br /> April 1, 1988 and a First Supplemental Master i <br /> Trust Indenture dated as o£ April l, 1988 ; <br /> and authorizing and approving certain other I <br /> matters. I <br /> * * * * II <br /> WSEREAS, pursuant to an ordinance entitled "AN I <br /> ORDINANCE setting forth the determination by the Council of the <br /> City of Decatur , Macon County, Illinois, that it is in the public <br /> interest to assist hospitals serving residents of the City in <br /> financing hospital facilities, and prescribing the procedures to <br /> be followed in the issuance of Hospital Facility Revenue Bonds by <br /> the City" , duly adopted by the Council of the City of Decatur , <br /> Macon County, Illinois (hereinafter referred to as the <br /> "Municipality" ) on April 4, 1977 , and approved by the Mayor on <br /> APril 4, 1977, as amended by an ordinance duly adopted by the <br /> Council of the Municipality on April 4 , 1988 , and approved by the <br /> Mayor on April 4, 1988 (as amended, the "Enabling Ordinance" ) , <br />
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