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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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• ' �:,�,:�.'', <br /> . +,��,.�;,;'` - - <br /> , , �r�,,: <br /> No person has been authorized by the City of Decatur, Macon Countq, Illi- <br /> nois or the Underwriters to give any information or make any representations <br /> other than those coi►tained in this Official Statement and, if given or made, <br /> such information or representations with respect to the City or the Bonds must <br /> not be relied upon as having been authorized by the City or the Underwriters. <br /> This Official Statement does not constitute an offer to sell, or solicitation of <br /> an offer to buy, any securities other than the securities offered hereby or an <br /> offer or solicitation of such offer of the securities offered hereby to any <br /> person in any jurisdfction where such offer ar solicitation of such offer would <br /> be unlawful. . <br /> This Official Statement should be considered in its entiretq and no one <br /> . factor should be considered more or less important than any other by reason of <br /> its position in this Official Statement. Where statutes, reports, or other <br /> documents are referred to herein, reference should be made to such statutes, <br /> reports, or other documents for more complete information regarding the rights <br /> and obligations of parties thereto, facts and opinions contained therein and the <br /> subject matter thereof. <br /> The information and expressions of opinion in this Official Statement are <br /> subject to change without notfce and neither the delivery of this Official <br /> Statement nor any sale made under it shall, under any circumstances, create any <br /> implication that there has been no change in the affairs of the City of Decatur, <br /> Macon County, Illinois since the date as of which information is given in this <br /> Official Statement. <br /> In connection with this offering, the Underwriters may over-allot or effect <br /> transactions that stabilize or maintain the market price of the Bonds at a level <br /> above that which might otherwise prevail in the open market. Such stabilizing, <br /> if commenced, may be discontinued at any time. Although the Underwriters <br /> anticipate that they will maintain a secondary market for the Bonds, there ca.n <br /> be no assurance that such a market will develop or, if developed, will be <br /> maintained. <br /> (ii) <br />
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