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83-47 AUTHORIZING AND DIRECTING THE EXECUTION OF AN ESCROW AGREEMENT
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83-47 AUTHORIZING AND DIRECTING THE EXECUTION OF AN ESCROW AGREEMENT
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9/14/2016 9:06:51 AM
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Resolution/Ordinance
Res Ord Num
83-47
Res Ord Title
AUTHORIZING AND DIRECTING THE EXECUTION OF AN ESCROW AGREEMENT IN CONNECTION WITH THE ISSUE OF $12,760,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 1983, OF THE CITY OF DECATUR, MACON COUNTY, ILLINOIS
Approved Date
6/20/1983
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' . . �^rr.y�l. <br /> � 7•. <br /> � <br /> NOTICE OF REDEMPTION OF <br /> GENERAL OBLIGATION SURFACE WATER DRAINAGE SYSTEM BONDS, <br /> SERIES OF 1982 <br /> DATED MARCH 1, 1982, <br /> OF THE <br /> CITY OF DECATUR, MACON COUNTY, ILLII�OIS <br /> � � � <br /> Notice is hereby given to the owners and holde rs of <br /> the bonds named in the above caption, numbered from 1, 228 to <br /> 2,15�, inclusive, of the denomination of $5,000 each, and <br /> maturing in January 1 of the years 1998 to 2000, inclusive, <br /> that the City of Decatur, Macon County, Illinois , has <br /> exercised its option to call for redemption and payment <br /> said bonds in the aggregate principal amount of $4,615,000, <br /> prior to their maturity, and such bonds wiil be paid on <br /> January l , 1997, upon surrender of said bonds with all <br />' interest coupons pertaining thereto, and such payment will <br /> be at a price of par and accrued interest up to and including <br /> said last mentioned date. <br /> The owners and holders of said bonds are directed to <br /> present the same for payment at The First National Bank <br /> of Chicago, in the City of Chicago, Illinois, where such <br /> bonds and interest will be paid. <br /> Notice is further given that said bonds shall cease to <br /> bear interest from and after said date of January 1 , 1997. <br /> EAll <br />
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