My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
84-88 PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR OF AN ECONOMIC DEVELOPMENT PROJECT (CONTINENTAL CARBONIC PRODUCTS, INC.)
COD
>
City Clerk
>
ORDINANCES
>
1984
>
84-88 PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR OF AN ECONOMIC DEVELOPMENT PROJECT (CONTINENTAL CARBONIC PRODUCTS, INC.)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/30/2016 9:58:03 AM
Creation date
8/30/2016 9:58:01 AM
Metadata
Fields
Template:
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
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
22
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
certain expense, reimbursement and indemnity payments which <br /> are , pursuant to the provisions of the Agreement, to be <br /> madP by the Borrower directly to the Issuer or the Trustee, <br /> (c? any moneys on deposit in the Construction Fund or the <br /> Band Fund, and (d) the income and profit from the <br /> investment of any moneys while held in the Construction <br /> Fund or the Bond Fund. <br /> "Prime Rate" means the base interest rate per annum as <br /> announced from time to time by Continental Illinois <br /> National Bank ar_d Trust Company of Chicago, Chicago, <br /> Illinois , for new 90-day unsecured loans to its largest and <br /> most creditworthy commercial borrowers, which rate may be <br /> adjusted from day to day. <br /> "Project" means the Project Site and the real, personal, or <br /> real and personal property, including undivided interests <br /> or other interests therein, identified in Exh?bit A to the <br /> Agreement, or acquired, constructed or installed as a <br /> rep?acement or substitution therefor or an addition <br /> thereto , or as may result from a revision of the plans and <br /> specifications therefor in accordance with the provisions <br /> of the Loan Agreement or Mortgaqe. <br /> "Project Site" means the real estate and interests in real <br /> estate constituting the site of and part of the Project, as <br /> described in Exhibit B to the Agreement. <br /> "Registered Bond" means fully registered Bond; and "fully <br /> registered Bond" means Bond without coupons registered as <br /> to both principal and interest. <br /> "Reimbursement Aareement" means the agreement dated as of <br /> December 18 , 1984 between Borrower and National Bank of <br /> Joliet Aursuant to which National Bank of Joliet wili issue <br /> the Letter of Credit. <br /> "State" means the State of Illinois. <br /> "Taxable Rate of Interest" means the Prime Rate plus 1$ per <br /> annum. <br /> "Trustee" means the Trustee at the time acting as such <br /> under the Indenture, originally the Marine Bank of <br /> Springfield, as Trustee, and any successor Trustee as <br /> determined or dPsignat.ed under or pursuant to the <br /> Indenture. <br /> Any references herein to the Issuer, the Issuing Authority, <br /> the TrustPe , or to any officer or official thereof, shall <br /> include those succeeding to their respective functions, duties <br /> or responsibilities pursuant to or byo uperation of law or who <br /> are lawfully performing such functions. Any reference herein to <br /> anv other person or entity shall include his or its respective <br /> successors and assigns . Any reference to a section or provision <br /> 8 <br />
The URL can be used to link to this page
Your browser does not support the video tag.