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83-48 AUTHORIZING THE ISSUANCE OF HOSPITAL FACILITY REFUNDING REVENUE BONDS, SERIES 1983
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83-48 AUTHORIZING THE ISSUANCE OF HOSPITAL FACILITY REFUNDING REVENUE BONDS, SERIES 1983
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Last modified
9/14/2016 9:03:48 AM
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9/14/2016 9:03:47 AM
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Resolution/Ordinance
Res Ord Num
83-48
Res Ord Title
AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $22,500,000 HOSPITAL FACILITY REFUNDING REVENUE BONDS, SERIES 1983 (DECATUR MEMORIAL HOSPITAL) ...
Approved Date
7/5/1983
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�y��{ � <br /> . . . �i`������� <br /> ' ' i <br /> ORDINANCE N0. 83-�g <br /> AN ORDINANCE authorizing the issuance <br /> of not to exceed $22,500 ,000 Hospital <br /> Facility Refunding Revenue Bonds, Series <br /> 1983 (Decatur Memorial Hospital) by the <br /> City of Decatur, Macon County, Illinois, <br /> and approving the execution and delivery <br /> of a Second Supplemental Trust Indenture, <br /> dated as of July i, 1983, a Loan Agreement <br /> dated as of July 1, �983 , a Bond Trust <br /> Indenture dated as of July 1, Z983, an <br /> Official Statement to be dated on or about <br /> July 20 , 1983, and a proposed Purchase <br /> Contract to be dated on or about July 20, <br /> 1 83 ertainin to said issue and related <br /> 9 , P g <br /> matters. <br /> � * � <br /> WHEREAS, pursuant to an. ordinance entitl,ed "AN ORDINANCE <br /> setting forth the determination by the Council of the City of <br /> Decatur, Macon County, Illinois, that it is in the publ.ic interes� . <br /> to assist hospitals serving residents of the City in financing <br /> hospital facilities, and prescribing the procedures to be foilowed <br /> in the issuance of Hospital Facility Revenue Bonds by the City" (the <br /> "Enabling Ordinance" ) , duly adopted by ,,the Council of the City of <br /> Decatur, Macon County, Illinois (hereinaf ter referred to as tne <br /> "Municipality�' ) on April 4, 1977, and approved by the Mayor on <br /> April 4 , 1977, the Municipality is authorized to issue Hospital <br /> Facility F.efunding Revenue Bonds for the purpose of refunding <br /> bonds issued pursuant to the Enabling Ordinance; and <br /> WHEREAS, the Municipa�ity has neretofore issued its <br /> Hospital Facility Revenue Bonds , Series 1977 (Decatur Memorial <br /> Hospital Pro�ect) dated June 1, 1977 in the original. principal <br /> amount of $9,575,000 (the "Series 1977 Bonds" ) in order to finance <br />
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