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Y '` . + <br /> 1 . r ����� <br /> ORDINANCE N0. 77-88 <br /> AN ORDINANCE authorizing the issuance <br /> . � , ,0 0 Hospital Facility Revenue <br /> Bonds , Series 1977 (Decatur Memorial <br /> Hospital Project) by the City of Decatur, <br /> Ma.con County, Illinois , and approving <br /> the execution and delivery of a Trust <br /> Indenture , dated June 1 , 1977 , a Mortgage <br /> and Security Agreement , dated June 1, 1977 , <br /> an Official Statement , dated June 6 , 1977 , <br /> and a Purchase Contract , dated June 6 , 1977 , <br /> pertaining to said issue and related matters . <br /> � � � <br /> WHEREAS , pursuant to an ordinance entitled "AN ORDINANCE <br /> setting forth the determination by the Council of the City of <br /> Decatur, Macon County, Illinois, that it is in the public interest <br /> to assist hospitals serving residents of the City in financing <br /> hospital facilities , and prescribing the procedures to be followed <br /> in the issuance of Hospital Facility Revenue Bonds by the CiLy " (the <br /> "Enabling Ordinance") , duly adopted by the Council of the City of Decatur, <br /> Macon County, Illinois (hereinafter referred to as the "Municipality") <br /> on April 4, 1977 , and approved by the Mayor on April 4, 1977 , the <br /> Municipality is authorized to issue Hospital Facility Revenue Bonds <br /> for the purpose of paying the Project Costs of a Project , as defined <br /> in the Enabling Ordinance; and <br /> WHEREAS , as a result of negotiations between the Municipality <br /> and Dectur Memorial Hospital , an Illinois not for profit corporation <br /> (the "Hospital") , the Hospital has entered into contracts for the <br /> acquisition and construction of improvements to its hospital facility <br /> located within the Municipality ( the "Project") , and the acquisition <br />