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83-46 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS, SERIES 1983
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83-46 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS, SERIES 1983
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9/14/2016 9:08:57 AM
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9/14/2016 9:08:55 AM
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Resolution/Ordinance
Res Ord Num
83-46
Res Ord Title
PROVIDING FOR THE ISSUE OF $12,760,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 1983...AND FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX SUFFICIENT TO PAY THE PRINCIPAL AND INTEREST ON SAID BONDS
Approved Date
6/20/1983
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. , , h ��h����� <br /> interest are hereby made payable in lawful money of the United <br /> States of America at the LaSalle National Bank, Chicago, Illinois. <br /> For the prompt payment of this bond, both principal and interest, <br /> as aforesaid, at maturity and the levy of taxes sufficient for <br /> that purpose, the full faith, credit and resources of said City <br /> are hereby irrevocably pledged. <br /> This bond is one of a series of bonds issued by said <br /> City for the purpose of refunding currently outstanding bonds of <br /> said City, pursuant to and in all respects in compliance with <br /> the applicable provisions of Sections 6(a) and 6(d) of Article <br /> VII of the 1970 Constitution of the State of Illinois and in <br /> compliance with the provisions of an ordinance adopted by the <br /> Council of said City on the 25th day of February, 1982, establish- <br /> ing procedures for issuing full faith and credit nonreferendum <br /> bonds, and an ordinance authorizing the issuance of this bond <br /> and the series of which it forms a part, duly published and now <br /> in full force and effect. <br /> The bonds due on October 1 of the years 1993 to 1999, <br /> inclusive, are sub�ect to redemption and payment prior to their <br /> maturity, at the option of said City, in whole or in part from <br /> any available funds , on October 1, 1992, or on any interest <br /> payment date thereafter at a price of par and accrued interest to <br /> the date fixed for redemption, plus a premium, expressed as a <br /> percentage of the principal amount being redeemed, in the amounts <br /> and for the periods as follows : <br /> -8- <br />
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