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82-66 PROVIDING FOR THE ISSUANCE BY THE CITY OF DECATUR OF ITS ECONOMIC DEVELOPMENT REVENUE BONDS (DECATUR DEVELOPMENT COMPANY PROJECT)
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82-66 PROVIDING FOR THE ISSUANCE BY THE CITY OF DECATUR OF ITS ECONOMIC DEVELOPMENT REVENUE BONDS (DECATUR DEVELOPMENT COMPANY PROJECT)
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Last modified
9/15/2016 9:51:23 AM
Creation date
9/15/2016 9:51:22 AM
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Resolution/Ordinance
Res Ord Num
82-66
Res Ord Title
PROVIDING FOR THE ISSUANCE BY THE CITY OF DECATUR, ILLINOIS OF ITS ECONOMIC DEVELOPMENT REVENUE BONDS (DECATUR DEVELOPMENT COMPANY PROJECT)
Approved Date
6/14/1982
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EXHIBIT A <br /> City of Decatur, Illinois Economic Development Revenue <br /> , Bonds (Decatur Development Company Project) in the aggregate <br /> principal amount of $800, 000 with interest on the unpaid principal <br /> amount at a rate not to exceed thirteen and five tenths percent <br /> ( 13. 5� ) per annum payable December 1, 1982 and semiannually <br /> thereafter on each June 1 and December 1 until the principal shall <br /> have been fully paid. The Bonds shall mature on June 1, 2007, <br /> however, pursuant to a sinking fund the Bonds are subject to <br /> mandatory redemption in each of the years set forth in the principal <br /> amount set opposite each year in the following schedule: <br /> Maturity <br /> Date Principal <br /> (June 1) Amount <br /> 1983 $ 5, 000. 00 <br /> 1984 5, 000. 00 <br /> 1985 5, 000. 00 <br /> 1986 10, 000. 00 <br /> 1987 10, 000. 00 <br /> 1988 10, 000. 00 <br /> 1989 10, 000. 00 <br /> 1990 10, 000. 00 <br /> 1991 15,000. 00 <br /> 1992 15, 000 .00 <br /> 1993 20, 000. 00 <br /> 1994 20, 000. 00 <br /> 1995 25, 000. 00 <br /> 1996 25, 000. 00 <br /> 1997 30, 000. 00 <br /> 1998 35, 000. 00 <br /> 1999 35, 000. 00 <br /> 2000 40, 000. 00 <br /> 2001 45,000.00 <br /> 2002 50, 000 . 00 <br /> 2003 60, 000. 00 <br /> 2004 65, 000. 00 <br /> 2005 75, 000. 00 <br /> 2006 85, 000. 00 <br />
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