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84-88 PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR OF AN ECONOMIC DEVELOPMENT PROJECT (CONTINENTAL CARBONIC PRODUCTS, INC.)
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84-88 PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR OF AN ECONOMIC DEVELOPMENT PROJECT (CONTINENTAL CARBONIC PRODUCTS, INC.)
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8/30/2016 9:58:03 AM
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8/30/2016 9:58:01 AM
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Resolution/Ordinance
Res Ord Num
84-88
Res Ord Title
PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR, ILLINOIS OF AN ECONOMIC DEVELOPMENT PROJECT IN ORDER THAT CONTINENTAL CARBONIC PRODUCTS, INC. MAY BE PROVIDED WITH FACILITIES TO ENCOURAGE DEVELOPMENT OF THE MUNICIPALITY...
Approved Date
12/17/1984
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1984 (the "Indenture") by an� between the Issuer and Marine Bank <br /> of Springfield, as Trustee; and <br /> WHEREAS, it is proposed to sell the Bond to Marine Bank of <br /> Springfield (the "Original Purchaser") , pursuant to a Bond I <br /> Purchase Agreement to be dated December 18 , 1984 (the "Bond '' <br /> Purchase Agreement" ) , among the Issuer, the Trustee , the <br /> Borrower, and the Original Purchaser; ' <br /> wHEREAS, the Issuer proposes to sell the revenue bond <br /> hereinafter authorized upon a negotiated basis to the Original <br /> Purchaser; <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY <br /> OF DECATUR, ILLINOIS , AS FOLLOHTS: <br /> Section 1 . Definitions. In addition to the words and <br /> terms defined in the recitals and elsewhPre in this Bond <br /> Legislation and in the Indenture, the words and terms defined in <br /> this Section shall have the meanings herein specified unless the <br /> context or use clearly indicates another or different meaninq or <br /> intent. Those words and terms not expressly defined herein and <br /> used herein with initial capitalization where rules of qrammar <br /> do not otherwise require capitalization shall have the �eanings <br /> assigned to them in the agreement, as hereinafter defined. <br /> "Agreement" or "Loan Agreement" means the Loan Agreement <br /> dated as of December 18 , 1984 between the Issuer and the <br /> Bcrrower, and any permitted amendments or supplements <br /> thereto. <br /> "Bond" means the Bond authorized in Section 3 hereof. <br /> "Bond Fund" means the Bond principal, premium and interest <br /> fund created by Section 8 hereof. <br /> "Bandholder" , "Holder" or "holder" means any bearer of a <br /> coupon Bond which is not registered as to principal or the <br /> principal of which is registered to bearer, or the person <br /> in whose name a reqistered Bond is reqistered. <br /> "Bond Legislation" means this ordinance. <br /> "Bond Purchase Agreement" means the Bond Purchase Agreement <br /> dated as of December 18 , 1984 among the Issuer, the <br /> Trustee , the Borrower and the Original Purchaser, and an_y <br /> permitted amendments or supplements thereto. <br /> 3 <br />
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