84-88 PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR OF AN ECONOMIC DEVELOPMENT PROJECT (CONTINENTAL CARBONIC PRODUCTS, INC.)

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"Eligible Investments" means (i) any bonds or other direct obligations of the United States of America; (ii) obligations of the Federal National Mortgage Association or the Go��ernment National Mortgage Association; (iii) obligations of the Federal Intermediate Credit Banks; (iv) obliqations of Federal Banks for Cooperatives; (v) obligations of Federal Land Banks; (vi) obligations of the Federal Financing Bank; (vii) bank repurchase agreements issued by a Federal Reserve member bank, including the Trustee, fully secured by obligations of any of the kinds specified in clauses (i) through (vi) above; (viii) time deposits, certificates of deposit or bankers acceptances of banks or truts companies, including the Trustee, organized under the laws of the United States of America or any state thereof, which have combined capital and earned and unearned surplus of at least $25 ,000,000 in dollars of the United States of America (ix) commercial paper {includi�g that of an affiliate of the Trustee) or finance company paper which is rated not less than prime-one or A-1 or their equivalents by Moody' s Investors Service, Inc. , or Standard & Poor' s Corporation, respectively, or their successors, or both, if rated by both; (x) obligations, of anv state of the United States of America or of any political subdivision or other instrumentality of any such state, which are rated at least "A" or. its equivalent by ezther Moody' s Investors Service, Inc. , or Standard & Poor' s Corporation, or their successors, or both, if rated by both; (xi) passbook savings accunts; or (xii) interests in any money market funds investing exclusively in obligations identified in clauses (i) through (x) hereof. "Enablina Ordinance" means the Issuer' s Ordinance No. 5768 entitled "Ordinance Authorizing Acquisition, Construction and Financing of Pollution Control Facilities and Economic Development Projects and The Lease, Sale, and Financing, Thereof To or For Any Person, and Providing for the Issuance of Revenue Bonds , and Establishing Procedures in Respect TherPto" passed by the Issuing Authority on February 5 , 1973 , as from time to time supplemented and amended and enacted and amended pursuant to the provisions of Article VII , Section 6 of the Illinois Constitution. "Event of Taxability" means the occurrence of circumstances which a Determination of Taxability shall have found to have occurred, or which shall constitute a Determination of Taxability, and which results in the interest payable on the Bond becoming includable in the gross income for Federal income tax purposes of any Holder (other than a Kolder who is a "substantial user" of the Project or a "related person" as those terms are used in Section 103 of the Code) , such occurrence of circumstances relating to a specific p�int in time. Without limiting the generality of the foregoir.g, the incurring of capital expenditures in eYcess of those permitted under Section 103 (b) (6) (D) of the 5