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85-20 AUTHORIZING THE PURCHASE OF DATA PROCESSING EQUIPMENT AND PROVIDING FOR FINANCING THEREOF
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85-20 AUTHORIZING THE PURCHASE OF DATA PROCESSING EQUIPMENT AND PROVIDING FOR FINANCING THEREOF
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Last modified
8/29/2016 4:16:38 PM
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8/29/2016 4:16:38 PM
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Resolution/Ordinance
Res Ord Num
85-20
Res Ord Title
AUTHORIZING THE PURCHASE OF DATA PROCESSING EQUIPMENT AND PROVIDING FOR FINANCING THEREOF
Approved Date
4/15/1985
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, - ' <br /> . '. <br /> Series 1985 <br /> Number 1 . <br /> CITY OF DECATUR, ILLINOIS <br /> REGISTERED <br /> GENERAL OBLIGATION NOTE <br /> May 1 , 1985 <br /> The City of Decatur , Illinois , a municipality and home <br /> rule unit of local government , for value received , hereby <br /> promises to pay to The Millikin National Bank of Decatur, <br /> Decatur , Illinois , the sum of Sixty Thousand Six Hundred Fifty <br /> Dollars ( $60 , 650) with interest at the rate of 6 . 50 ercent er <br /> P P <br /> annum upon the unpaid balance until paid , said principal to <br /> become due in one installment on the lst da of Ma <br /> , 1986 <br /> y y, , <br /> reserving to obligor the right to prepay before due , and said <br /> interest to be paid semi-annually commencing the lst day of <br /> November , 1985 , and continuing on the lst day of each <br /> succeeding May and November thereafter upon the unpaid balance <br /> of principal until the same is fully paid . <br /> By order of the City Council . <br /> THE CITY OF DECATUR, ILLINOIS <br /> BY : <br /> CITY TREASURER <br />
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