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87-137 PROVIDING FOR THE ISSUANCE OF CORPORATE PURPOSE BONDS, SERIES 1987
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87-137 PROVIDING FOR THE ISSUANCE OF CORPORATE PURPOSE BONDS, SERIES 1987
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8/25/2016 3:27:36 PM
Creation date
8/25/2016 3:27:34 PM
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Resolution/Ordinance
Res Ord Num
87-137
Res Ord Title
PROVIDING FOR THE ISSUANCE OF $2,000,000 CORPORATE PURPOSE BONDS, SERIES 1987, OF THE CITY OF DECATUR...AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS
Approved Date
12/7/1987
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[Form of Bond - Front Side] <br /> REGISTERED REGISTERED <br /> NO. $ <br /> UNITED STATES OF AMERICA <br /> STATE OF ILLINOIS <br /> COUNTY OF MACON <br /> CITY OF DECATQR <br /> CORPORATE PiJRPOSE BOND <br /> SERIES 1987 <br /> See Reverse Side for <br /> Additional Provisions. <br /> Interest %Iaturity Dated <br /> Rate: Date: Date: December 1, 1987 CUSIP <br /> Registered Owner : <br /> Principal Amount Dollars <br /> KNOW ALL PERSONS BY THESE PRESENTS that the City of <br /> Decatur, Macon County, Illinois, a municipality, home rule unit <br /> and political subdivision of the State of Illinois ( the "City" ) , <br /> hereby acknowledges itself to owe and for value received promises <br /> to pay to the Registered Owner identified above, or registered <br /> assigns as hereinafter provided, on the Maturity Date identified <br /> above, the Principal Amount identified above and to pay interest <br /> (computed on the basis of a 360-day year of twelve 30-day months) <br /> on such Principal Amount from the later of the Dated Date of this <br /> Bond identified above or from the most recent interest payment <br /> date to which interest has been paid or duly provided for, at the <br /> Interest Rate per annum identified above, such interest to be <br /> payable on January 1 and July 1 of each year , commencing July 1, <br /> 1988, until the Principal Amount is paid or duly provided for. <br /> -11- <br />
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