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78-131 AUTHORIZING THE ISSUANCE OF $8,085,000 HOSPITAL FACILITY REVENUE BONDS, SERIES 1978 (ST. MARY'S HOSPITAL, DECATUR, PROJECT)
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78-131 AUTHORIZING THE ISSUANCE OF $8,085,000 HOSPITAL FACILITY REVENUE BONDS, SERIES 1978 (ST. MARY'S HOSPITAL, DECATUR, PROJECT)
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9/29/2016 3:14:08 PM
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9/29/2016 3:14:07 PM
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Resolution/Ordinance
Res Ord Num
78-131
Res Ord Title
AUTHORIZING THE ISSUANCE OF $8,085,000 HOSPITAL FACILITY REVENUE BONDS, SERIES 1978 (ST. MARY'S HOSPITAL, DECATUR, PROJECT)
Approved Date
8/28/1978
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as Trustee (the "Trustee" ) , authorizing the issuanee of the Bonds <br /> (the "Indenture") ; <br /> (3 ) An Official Statement dated as of AuQust 28 , <br /> 1978 , to be used in conneetion with the sale of the Bonds (the <br /> "Offieial Statement" ) ; and <br /> (�) A Contract of Purchase dated as of Auqust 28 , <br /> 1978 , among the Municipality, the Hospital and the Underwriters <br /> (the "Purchase Contract" ) . <br /> � NOW, THEREFORE, BE IT ORDAINED by the Council of the <br /> City of Decatur, Macon County, Illinois , as follows: <br /> Section 1. That the Municipality is a home rule unit <br /> under the provisions of the 1970 Constitution of Illinois , and as <br /> a home rule unit may, under the powers granted by Section 6(a) <br /> of Article VII thereof, "exercise any power and perform any <br /> funetion pertaining to its government and affairs. " That this <br /> ordinance is adopted pursuant to the Municipality' s home rule <br /> powers and in accord with the Enabling Ordinance, any provisions <br /> contained in the Illinois Municipal Code to the contrary notwith- <br /> standing. <br /> Section 2 . That the form, terms and provisions of the <br /> proposed Mortgage be, and they hereby are, in all respects approved, <br /> and that the Mayor and Clerk of the Municipality be, and they <br /> hereby are , authorized, empowered and directed to exeeute , <br /> acknowledge and deliver the Mortgage in the name and on behalf <br /> of the Municipality, and thereupon to cause the Mortgage to be <br /> recorded; that the Mortgage is to be in substantially the form <br /> before this meeting and hereby approved, or with such changes <br /> -3- <br />
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