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85-19 AUTHORIZING AND PROVIDING FOR THE ISSUANCE OF UNIT PRICED DEMAND ADJUSTABLE WATER REVENUE BONDS, SERIES 1985
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85-19 AUTHORIZING AND PROVIDING FOR THE ISSUANCE OF UNIT PRICED DEMAND ADJUSTABLE WATER REVENUE BONDS, SERIES 1985
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Last modified
8/29/2016 4:19:16 PM
Creation date
8/29/2016 4:19:15 PM
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Resolution/Ordinance
Res Ord Num
85-19
Res Ord Title
AUTHORIZING AND PROVIDING FOR THE ISSUANCE BY THE CITY OF DECATUR, ILLINOIS OF ITS UNIT PRICED DEMAND ADJUSTABLE WATER REVENUE BONDS, SERIES 1985, FOR THE PURPOSE OF FINANCING THE CONSTRUCTION AND EQUIPPING OF A NEW SOUTH WATER TREATMENT PLANT...
Approved Date
4/15/1985
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�♦ <br /> 7• <br /> ����°�VI ��9\t�Q <br /> ORDINANCE NO. g � — � � <br /> AN �RDINANCE AUTHORIZING AND PROVIDING FOR <br /> THE ISSUANCE BY THE CITY OF DECATUR, <br /> ILLINOIS OF ITS UNIT PRICED DEMAND <br /> ADJUSTABLE WATER REVENUE BONDS , SERIES <br /> 1985 , FOR THE PURPOSE OF FINANCING THE <br /> CONSTRUCTION AND EQUIPPING OF A NEW SOUTH <br /> WATER TREATMENT PLANT; AUTHORIZING THE <br /> EXECUTION AND DELIVERY OF A TRUST <br /> IPIDENTURE TO SECURE SAID BOIVDS; <br /> AUTHORIZING THE EXECUTION AND DELIVERY OF <br /> A LETTER OF CREDIT, REIMBURSEMENT AND <br /> REVOLVING CREDIT AGREEMENT WITH RESPECT TO <br /> SAID BONDS; AUTHORIZING THE EXECUTION AND <br /> DELIVERY OF A REMARKETING AGREEMENT <br /> PERTAINING TO SUCH BONDS; AUTHORIZING THE <br /> EXECUTION AND DELIVERY OF AN OFFICIAL <br /> STATEMENT WITH RESPECT TO THE SALE OF THE <br /> BONDS; AUTHORIZING AND PRESCRIBING OTHER <br /> MATTERS PERTAINING TO THE ISSUANCE OF SAID <br /> BONDS; AND FOR OTHER RELATED PURPOSES. <br /> * * * <br /> WHEREAS , the City of Decatur, I1linois ( the "City" ) is a home <br /> rule unit under the provisions of the 1970 Constitution of the <br /> State of Illinois ; and, <br /> T�THEREAS , The City is authorized to issue its revenue bonds to <br /> finance the construction and equipping of a new South Water <br /> Treatment Plant which will replace the existing south water <br /> treatment plant and expand the capacity of the existing <br /> waterworks system ( the "Project" ) ; and, � <br /> WHEREAS , The City Council of the City finds that it is <br /> necessary and desirable that the City authorize and issue its <br /> I <br />
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