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1981 (the "Indenture" ) from the Issuer to The First National Bank <br /> of Chicago, as Trustee (the "Trustee" ) , setting forth the terms, <br /> conditions and security requirements for and the form of the <br /> proposed revenue bonds to be issued to finance the Pro,ject; and <br /> WHEREAS, it is necessary to authorize the execution and <br /> delivery of a Bond Purchase Agreement to be dated as of December l, <br /> 1981 (the "Bond Purchase Agreement" ) a.mong the Issuer, the Company <br /> and Chemical Business Credit Corp. (the "Purchaser") ; and <br /> WHEREAS, the Issuer has caused to be prepared and <br /> presented to this meeting the following documents, which the <br /> Issuer proposes to enter into: <br /> 1. The form of Agreement, <br /> 2. The form of Indenture, <br /> 3. The form of Bond Purchase Agreement, <br /> 4. The form of Security Agreement, and <br /> 5. The form of the Industrial Development Revenue <br /> Bonds (Mueller Co. Pro�ect) (the "Bond") . <br /> � NOW, THEREFORE, Be It Ordained by the City Council <br /> of the City of Decatur, Macon County, Illinois, as follows: <br /> Section 1. The form, terms and provisions of the <br /> Agreement and the Security Agreement be, and they hereby are, in <br /> all respects approved, and the Mayor and the City Clerk of the <br /> Issuer be, and they hereby are, authorized, empowered and directed <br /> to execute, attest and deliver the Agreement in the name and on <br /> behalf of the Issuer and thereupon to cause the Agreement to be <br /> delivered to the Company; the Agreement is to be in substantially '�, <br /> -4- <br />