My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
85-96 PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR, ILLINOIS, OF AN INDUSTRIAL PROJECT IN ORDER THAT PERSHING DEVELOPMENT COMPANY MAY BE PROVIDED WITH FACILITIES TO ENCOURAGE DEVELOPMENT
COD
>
City Clerk
>
ORDINANCES
>
1985
>
85-96 PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR, ILLINOIS, OF AN INDUSTRIAL PROJECT IN ORDER THAT PERSHING DEVELOPMENT COMPANY MAY BE PROVIDED WITH FACILITIES TO ENCOURAGE DEVELOPMENT
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/29/2016 11:49:39 AM
Creation date
8/29/2016 11:49:36 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
85-96
Res Ord Title
PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR, ILLINOIS, OF AN INDUSTRIAL PROJECT IN ORDER THAT PERSHING DEVELOPMENT COMPANY, MAY BE PROVIDED WITH FACILITIES TO ENCOURAGE DEVELOPMENT OF THE CITY OF DECATUR...
Approved Date
12/23/1985
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
40
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
� and the performance of all other acts of whatever nature neces- <br /> sary to effect and carry out the authority conferred by this Bond <br /> Ordinance. The Mayor and City Clerk be, and they are hereby, <br /> iurther authorized and directed for and on behalf of the Issuer, <br /> to execute all papers , documents, certificates, filings and other <br /> instruments that may be required for the carrying out of the <br /> authority conferred by this Bond Ordinance or to evidence said <br /> authority and to exercise and otherwise take all necessary action <br /> to the full realization of the rights, accomplishments and pur- <br /> poses of the Issuer under the Loan Agreement, the Assignment, the <br /> Bond Purchase Agreement and the Mortgage and any Lease Assignment <br /> and to discharge all of the obligations of the Issuer thereunder. <br /> The Mayor be and is hereby designated as the authorized or <br /> applicable elected representative of the Issuer in connEction <br /> with the issuance of the Bonds , and the official of the Issuer <br /> charged with the issuance of the Bonds , and that public approval <br /> of the issuance of the Bonds by the Issuer ' s corporate <br /> authorities, if not already given, is hereby given, as required <br /> by Section 103 (k) of the Code. The requisite public hearing <br /> having been duly noticed, held and conducted, the approval of the <br /> Mayor of this Bond Ordinance shall constitute the approval by the <br /> authorized or applicable elected representative within the <br /> meaning of Section 103 (k) of the Code. Under an3 pursuant to <br /> Section 103 (n) of the Code the Issuer hereby agrees to fully <br /> cooperate with the Borrower in order to obtain an allocation an <br /> amount not to exceed $5 ,500 ,000 in respect of the Bonds, such <br /> allocation to be effective upon the issuance, sale and delivery <br /> of the Bonds to, and payment therefor by , the Purchaser. Unless <br /> -34- <br />
The URL can be used to link to this page
Your browser does not support the video tag.