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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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Last modified
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 - Reverse Side] <br /> City of Decatur, Macon County, Illinois <br /> Corporate Purpose Bond, Series 1987 <br /> This bond is one of a series of bonds ( the "Bonds" ) in <br /> the aggregate principal amount of $2,000,000 issued by the City <br /> for the purpose of paying the costs of the Project, and of paying <br /> expenses incidental thereto, all as described and defined in the <br /> ordinance authorizing the Bonds ( the "Ordinance" ) , pursuant to <br /> and in all respects in compliance with the applicable provisions <br /> of Section 6 of Article VII of the Illinois Constitution of 1970, <br /> an enabling ordinance duly adopted by the Council on the 25th day <br /> of February, 1982 and with the Ordinance, which has been duly <br /> adopted by the Council, and published, in all respects as by law <br /> required. <br /> Any Bond may be transferred or exchanged, but only in <br /> the manner, subject to the limitations, and upon payment of the <br /> charges as set forth in the Ordinance. Upon surrender for trans- <br /> fer or exchange of any Bond at the office of the Bond Registrar <br /> in the City of Decatur, Illinois, duly endorsed by or accompanied <br /> by a written instrument or instruments of transfer or exchange in <br /> form satisfactory to the Bond Registrar and duly executed by the <br /> Registered Owner or an attorney for such owner duly authorized in <br /> writing, the City shall execute and the Bond Registrar shall <br /> authenticate, date and deliver in the name of the transferee or <br /> transferees or, in the case of an exchange, the Registered Owner, <br /> a new fully registered Bond or Bonds of like tenor , of the same <br /> -15- <br />
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