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83-83 AUTHORIZING THE EXECUTION AND DELIVERY OF A FIRST SUPPLEMENTAL INDENTURE OF TRUST
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83-83 AUTHORIZING THE EXECUTION AND DELIVERY OF A FIRST SUPPLEMENTAL INDENTURE OF TRUST
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Last modified
8/30/2016 4:24:48 PM
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8/30/2016 4:24:47 PM
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Resolution/Ordinance
Res Ord Num
83-83
Res Ord Title
AUTHORIZING THE EXECUTION AND DELIVERY OF A FIRST SUPPLEMENTAL INDENTURE OF TRUST WHICH SUPPLEMENTS AND AMENDS THE INDENTURE OF TRUST SECURING THE CITY OF DECATUR, ILLINOIS $3,000,000 INDUSTRIAL DEVELOPMENT REVENUE BONDS...
Approved Date
10/31/1983
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. .. . <br /> WHEREAS, all holders of the Bonds have agreed to the <br /> terms of the First Supplemental Indenture; and <br /> WHEREAS, it is necessary and proper for the interests <br /> and convenience of the Issuer and its inhabitants to authorize <br /> the execution and delivery of the First �Supplemental Indenture of <br /> Trust which supplements and amends the Original Indenture in th� <br /> Form presented. to this meeting and the same is a matter pertain- <br /> inq to the government and affairs of the Issuer; and <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COONCIL OF THE <br /> CITY OF DECATIIR, MACON COQNTY, ILLINOIS, AS FOLLOWS: <br /> Section 1. That the foricr, terms and provisions of the <br /> proposed First Supplemental Indenture of Trust be, and they <br /> hereby are, in all respects. approved, and that the� Mayor and the <br /> Clerk of the Issuer be, and they are hereby authorized, empowered <br /> and directed to execute and deliver said instrument in the name <br /> and on behalF of the Issuer and to cause. the First Supplemental <br /> Indenture to be delivered to the Trustee; that the� First Supple- <br /> meatal Indenture is to be in substantially the form submitted to <br /> this meeting and hereby approved, wit�r such changes therein as <br /> shall be approved by the� of£icials of the Issuer executing th� <br /> same, their execution � thereo� to constitute� conclusiv� evidence <br /> o� their approval of any and all changes: or revisions�. therein <br /> from the foria o� the First Supplemental --Zndenture hereby - <br /> approved; and that From and �after the execution and delivery of <br /> said instrument, the - officials, agents • and employees of the <br /> Issuer are hereby authorized, empowered� and directed to do all <br /> such act� and things and. ta execute. all such documents as may b� <br /> necessary to carry out and� comply with the provisions of the <br /> First Supplemental Indenture as executed and to fur.ther the pur- <br /> poses and intent of this �rdinance, including the preainble <br /> hereto. - <br /> Section Z. That the provisions of this Ordinance are <br /> hereby declared to be separable, and if any section, phrase or <br /> provision shall, for any reason, be declared to- be invalid, -such <br /> declaration shall not affect the validity of the remainder of the <br /> secticans, phrases or provisions. <br /> Section 3. That all ordinances, resolutions, orders or <br /> parts thereof in conflict with the provisions of this �rdinance <br /> are to the extent of such conflict, hereby repealed. <br /> Section 4 . That this Ordinance shall be in Eull force <br /> and effect upon its approval by the Mayor. <br /> -2- <br />
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