My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
81-33 AUTHORIZING THE ISSUANCEOF HOSPITAL FACILITY REVENUE BONDS, SERIES 1981 (DECATUR MEMORIAL HOSPITAL PROJECT)
COD
>
City Clerk
>
ORDINANCES
>
1981
>
81-33 AUTHORIZING THE ISSUANCEOF HOSPITAL FACILITY REVENUE BONDS, SERIES 1981 (DECATUR MEMORIAL HOSPITAL PROJECT)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/16/2016 11:17:23 AM
Creation date
9/16/2016 11:17:22 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
81-33
Res Ord Title
AUTHORIZING THE ISSUANCE OF $11,915,000 HOSPITAL FACILITY REVENUE BONDS, SERIES 1981 (DECATUR MEMORIAL HOSPITAL PROJECT)...
Approved Date
4/27/1981
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
9
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
. . ', + <br /> the acquisition and construction of improvements to the hospital <br /> facility of Decatur Memorial Hospital , an Illinois not for profit <br /> corporation (the "Hospital") and in connection therewith has hereto- <br /> fore executed a Mortgage and Security Agreement dated as of June <br /> 1, 1977 with the Hospital and a Trust Indenture dated as of June <br /> l, 1977 with The Citizens National Bank of Decatur, as Trustee <br /> (the "Trustee" ) ; and <br /> WHEREAS, as a result of negotiations between the Munici- <br /> pality and the Hospital , the Hospital has entered into contracts <br /> for the construction of improvements and alterations to its hospital <br /> facility located within the Municipality (the "Pro�ect") , and the <br /> construction of such improvements and alterations constitutes a <br /> Pro�ect within the meaning of the Enabling Ordinance and will be <br /> of the character and accomplish the purposes provided for in the <br /> Enabling Ordinance , and the Municipality is willing to issue its <br /> Hospital Facility Revenue Bonds to p�ay the Pro�ect Costs (as de£ined <br /> in the Enabling Ordinance) of the Pro�ect; and <br /> WHEREAS, in order to provide for the payment of such <br /> Pro,ject Costs , it is necessary and in the interest of the Mun ici- <br /> pal ity to authorize the issuance of $11 ,915,000 Hospital Facility <br /> Revenue Bonds , Series 1981 (Decatur Memorial Hospital Pro�ect ) , <br /> dated May l , 1981 ( the "Bonds") on a parity with the Series 1977 <br /> Bonds for the purpose of paying the Pro�ect Costs as defined in <br /> the Enabling Ordinance , and the same is a matter pertainin� to the <br /> government and affairs of the Municipality; and <br /> WHEREAS, Smith Barney , Harris Upham & Co. , Incorporated <br /> and other underwriters (the "Underwriters") have offered to purchase <br /> -2- <br />
The URL can be used to link to this page
Your browser does not support the video tag.