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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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9/14/2016 9:06:47 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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� . . t�`9a�'°��n�.'i�?,��� <br /> ARTICLE VII. TERMINATION OF AGREEMENT <br /> Section 7 .01 . Upon the retirement of the Prior Bonds as <br /> hereinabove provided for, the Escrow Agent will transfer any baiance <br /> remaining in the Escrow Account to the Treasurer with due notice <br /> thereof mailed to the Municipality, and thereupon this Agreement <br /> shall terminate. <br /> IN WITNESS WHEREOF, the City of Decatur, Macon County, <br /> Illinois , has caused this Agreement to be signed in its name by <br /> its Mayor, to be attested by the Municipal Clerk of the Municipality <br /> under its municipal seal hereunto affixed; and the LaSalle National <br /> Bank, Chicago, Illinois, not individually, but in the capacity <br /> as hereinabove described, has caused this Agreement to be signed <br /> in its corporate name by one of its officers and to be attested <br /> by one of its officers under its corporate seal hereunto affixed, <br /> all this 30th day of June, 1983. <br /> CITY OF DECATUR, <br /> MACON COUNTY, ILLINOIS <br /> By <br /> Mayor <br /> Attest : <br /> Municipal Clerk <br /> (SEAL) <br /> EA18 <br />
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