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87-35 AUTHORIZING THE ISSUANCE OF ...HOSPITAL FACILITY REFUNDING REVENUE BONDS, SERIES 1987
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87-35 AUTHORIZING THE ISSUANCE OF ...HOSPITAL FACILITY REFUNDING REVENUE BONDS, SERIES 1987
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Last modified
8/26/2016 11:59:42 AM
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8/26/2016 11:59:41 AM
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Resolution/Ordinance
Res Ord Num
87-35
Res Ord Title
AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $30,000,000 HOSPITAL FACILITY REFUNDING REVENUE BONDS, SERIES 1987...
Approved Date
3/30/1987
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"1 ' . . , <br /> , � � <br /> . I <br /> � <br /> MfCROFfl.M�D <br /> ORDINANCE NO. f / "- 3 � <br /> AN ORDINANCE authorizing the issuance of not <br /> to exceed $30,000,000 Hospital Facility <br /> Refunding Revenue Bonds, Series 1987 (Decatur <br /> Memorial Hospital) by the City of Decatur , <br /> Macon County, Illinois, and approving the <br /> execution and delivery of a First Supplemental <br /> Trust Indenture dated as of March 1, 1987 , a <br /> Loan Agreement dated as of March 1, 1987, a <br /> Bond Trust Indenture dated as of March 1, <br /> 1987 , an Arbitrage Regulations Agreement dated <br /> as of March 1, 1987 , an Official Statement to <br /> be dated on or about April 9, 1987, and a <br /> Purchase Contract to be dated on or about <br /> April 9, 1987 , pertaining to said issue of <br /> bonds, and related matters. <br /> * * * * <br /> WSEREAS, pursuant to an ordinance entitled "AN <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" (the "Enabling Ordinance" ) , duly adopted by the Council <br /> of the City of Decatur, Macon County, Illinois (hereinafter <br /> referred to as the "Municipality" ) on April 4, 1977, and approved <br /> by the Mayor on April 4, 1977, the Municipality is authorized to <br /> � issue Hospital Facility Refunding Revenue eonds for the purpose <br /> of (a) financing in whole or in part the cost of acquisition, <br /> purchase, construction, reconstruction, improvement, equipping, <br /> betterment or extension of hospital and health care facilities <br /> and (b) refunding bonds issued pursuant to the Enabling � <br /> Ordinance; and <br />
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