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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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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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• .. � ' ��a;��. <br /> is to be in substantially the form before this meeting and hereby <br /> approved, or with such changes therein as shall be approved by the <br /> Mayor and Clerk, provided that the Bonds may be issued at an interest <br /> rate not to exceed 10-3/4� per annum, may be sold to the Underwriters <br /> at a price not less than 95% of par plus accrued interest to date <br /> of delivery and may have a final maturity not later than October 1, <br /> 2015, the execution thereof to constitute conclusive evidence of <br /> the approval of any and all changes or revisions therein f rom the <br /> Purchase Contract bePore this meeting; and that from and after the <br /> execution and delivery of the Purchase Contract, the officials, <br /> agents and employees of the Municipality are hereby authorized, <br /> empowered and directed to do all such acts and things necessary to <br /> carry out and comply with the provisions of the Purchase Contract. <br /> Section 7. That the Mayor and Clerk of the Municipality, <br /> be and are hereby authorized, empowered and directed to cause the <br /> Bonds to be prepared, bearing interest at the rates and with the <br /> maturities set out in the Purchase Contract (as executed and <br /> delivered) , in such form and having the other terms and provisions <br /> specified in the Indenture (as executed and delivered) ; that the <br /> Bonds shall be executed in the na.me oP the Municipality with the <br /> facsimile signatures of the Mayor of the Municipality and the <br /> Clerk o£ the Municipality, and the seal of the Municipality may be <br /> affixed thereto or imprinted thereon; and that the Mayor or Clerk <br /> of the Municigality shall cause the Bonds, as so executed and <br /> attested, to be delivered to the Bond Trustee, for authentication, <br /> and the Bond Trustee is hereby requested to authenticate the Bonds. <br /> -7- <br />
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