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" , � . � �:`'i�.,� �..,; _ <br /> . :� ��.,, <br /> -�; <br /> • NOW, THEREFORE, Be It Ordained by the Council of the <br /> City of Decatur, Macon County, Illinois , as follows : <br /> Section l . Definitions. The words and terms used in <br /> this ordinance shall have the definitions set forth for them in <br /> the form of escrow agreement provided herein, unless the context <br /> or use of same shall clearly indicate that another meaning is <br /> intended. <br /> Section 2. The Funding of the Escrow. As provided in <br /> the Bond Ordinance, so much of the proceeds of the Bonds as may <br /> be necessary, not in excess of the par amount of the Prior Bonds , <br /> and an additional sum necessary therefor to be derived from <br /> funds on hand of the Municipality and lawfully available for <br /> such purpose shall be used to pay all interest when due and to pay <br /> at maturity or applicable date of redemption all principal of <br /> the Prior Bonds. Such money will be deposited in trust in the <br /> Escrow Account with the Escrow Agent as provided in this ordinance. <br /> The amount thereof necessary to be deposited in the Escrow Account <br /> shall be conclusively established under the terms of the Escrow <br /> Agreement by the execution thereof by designated officers of the <br /> Municipality. <br /> Section 3• Call of Certain of the Prior Bonds. In <br /> accordance with the redemption provisions of the ordinance <br /> authorizing the issuance of the Prior Bonds , the Municipality <br /> by the Corporate Authorities does hereby make provision for the <br /> payment of and does hereby call ( sub�ect only to the delivery of <br /> the Bonds ) the Prior Bonds maturing on and after January l , 1998, <br /> -3- <br />