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WHEREAS, the Municipality has heretofore issued its <br /> Hospital Facility Refunding Revenue Bonds, Series 1983 (Decatur <br /> Memorial Hospital) dated October 1, 1983 ( the "Series 1983 <br /> Bonds" ) in the aggregate principal amount of $17, 560 ,000, <br /> $15,685,000 of which are currently outstanding, in order to <br /> advance refund certain other bonds previously issued by the <br /> Municipality pursuant to the Enabling Ordinance, the proceeds of <br /> which other bonds were used, among other things, to finance the <br /> acquisition and construction of improvements to the hospital <br /> facility of Decatur Memorial Hospital, an Illinois not for profit <br /> corporation ( the "Hospital" ) , and in connection with the issuance <br /> of the Series 1983 Honds the Municipality has heretofore executed <br /> a Loan Agreement dated as of October 1, 1983 with the Hospital , <br /> and a Bond Trust Indenture dated as of October 1, 1983 with '�� <br /> American National Bank and Trust Company of Chicago, as bond I <br /> trustee (the "1983 Trustee" ) ; and <br /> WHEREAS, the Municipality and the Hospital have <br /> determined that it is in the best interests of both parties that <br /> the Series 1983 Bonds be advance refunded ( the "Refunding" ) in <br /> order to achieve interest cost savings and the Municipality is <br /> willing to issue its Hospital Facility Refunding Revenue Bonds to <br /> pay the costs of the Refunding; and <br /> WSEREAS, the Hospital has requested that the <br /> Municipality reimburse it for the cost of acquiring, purchasing, <br /> constructing, reconstructing, improving, equipping, bettering or <br /> -2- <br />