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.� : . r : , . M�c� 5 <br /> ��°��L�Mr�V. <br /> ORDINANCE N0. 82_1 � 7 <br /> ORDINANCE PROVIDING FOR BORROWING MONEY AND <br /> AUTHORIZING THE ISSUANCE OF $2,550,000 GENERAL <br /> OBLIGATION BONDS, SERIES OF DECEMBER, 1982, OF <br /> THE CITY OF DECATUR, MACON COUNTY, ILLINOIS, AND <br /> PROVIDING FOR THE LEVY OF TAXES FOR THE PAYMENT <br /> OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS. <br /> ***�� *���* ����� <br /> WHEREAS, the City of Decatur, Macon County, Illinois, <br /> has a population in excess of 25 ,000, and pursuant to the , <br /> provisions of Section 6 (a) of Article VII of the 1970 Constitution I <br /> of the State of Illinois, said City is a home rule unit of govern- <br /> ment; and, <br /> WHEREAS, on the 25th day of February, 1982, the <br /> Council of said City did adopt an ordinance setting forth the <br /> procedures to be followed in the incurring of indebtedness for <br /> corporate purposes and the issuance of bonds of said City payable <br /> from ad valorem tax receipts without prior referendum approval, <br /> and all in accordance with the pertinent provisions of said <br /> Article VII of the 1970 Constitution of Illinois, such Ordinance <br /> being entitled: <br /> "AN ORDINANCE establishing procedures to be <br /> followed in incurring indebtedness f or corporate <br /> purposes, issuing bonds to evidence such indebted- <br /> ness and authorizing and directing the levying of <br /> taxes, without limit as to rate or amount, for <br /> the purpose of paying principal and interest on <br /> such bonds as the same become due. " <br /> and which said Ordinance is in full force and effect; and <br />