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82-117 PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES OF DECEMBER 1982
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82-117 PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES OF DECEMBER 1982
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9/14/2016 3:31:39 PM
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9/14/2016 3:31:38 PM
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Resolution/Ordinance
Res Ord Num
82-117
Res Ord Title
PROVIDING FOR BORROWING MONEY & AUTHORIZING THE ISSUANCE OF $2,550,000 GENERAL OBLIGATION BONDS, SERIES OF DECEMBER, 1982, ...& PROVIDING FOR THE LEVY OF TAXES FOR THE PAYMENT OF THE PRINCIPAL OF & INTEREST ON SAID BONDS
Approved Date
12/7/1982
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and other costs and purchasing vouchers from the contractor in <br /> connection with the construction of a system of sanitary sewers <br /> known as Forest Crest-Applewood special assessment sanitary <br /> sewer district and was authorized pursuant to an enabling ordinance <br /> duly adopted by the Council of said City on the 25th day of <br /> February, 1982, and by an authorizing ordinance duly adopted by <br /> the Council of said City on the day of December, 1982, and <br /> which said ordinance was signed by the Mayor of said City, published <br /> in all respects as by law required and is now in full force and <br /> effect. <br /> It is hereby certified and recited that all acts, <br /> conditions and things required to be done precedent to and in the <br /> issuance of this bond and the series of bonds of which this bond <br /> is one have been properly done, happened and been performed in <br /> regular and due form and time as required by the Constitution of <br /> the State of Illinois and the duly enacted ordinances of the <br /> Council of the City of Decatur; and that the indebtedness of said <br /> City of Decatur, represented by this bond and the issue of which i <br /> it forms a part, and including all other indebtedness of said <br /> City, howsoever evidenced and incurred, does not exceed any <br /> constitutional or statutory limitation and that provision has <br /> been made for the collection of a direct annual tax, in addition <br /> to all other taxes, upon all the taxable property in said City <br /> sufficient to pay the interest hereon as the same falls due and <br /> also to pay and discharge the principal hereof at maturity. <br /> The bond is sub�ect to registration as to principal in <br /> the name of the holder on the books of the City Treasurer of the <br /> -7- <br />
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