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and construction of such improvements constitutes a Project within <br /> the meaning of the Enabling Ordinance and will be of the character <br /> and accomplish the purposes provided for in the Enabling Ordinance, <br /> and the Municipality is willing to issue its Hospital Facility Revenue <br /> Bonds to pay the Project Costs (as defined in the Enabling Ordinance) <br /> of the Project ; and <br /> WHEREAS , in order to provide for the payment of such <br /> Project Costs , it is necessary and in the interest of the Munici- <br /> pality to authorize the issuance of $9 , 575 , 000 Hospital Facility <br /> Revenue Bonds , Series 1977 (Decatur Memorial Hospital Project) , dated <br /> June 1 , 1977 (the "Bonds") , for the purpose of paying the Project <br /> Costs as defined in the Enabling Ordinance , and the same is a matter <br /> pertaining to the government and affairs of the Municipality; and <br /> WHEREAS , Smith Barney, Harris Upham & Co . , Incorporated I <br /> and other underwriters ( the "Underwriters") have offered to purchase <br /> the Bonds at a price acceptable to the Municipality and the Hospital , <br /> and in order to provide for the issuance of the Bonds it is necessary <br /> for the Municipality to authorize the execution of the following des- <br /> cribed documents in sub�tantially the forms before this meeting: <br /> (1) A Mortgage and Security Agreement dated as of June 1 , <br /> 1977 , between the Municipality and the Hospital (the "Mortgage") ; <br /> (2) A Trust Indenture dated as of June 1 , 1977 , between <br /> the Municipality and The Citizens National Bank of Decatur, as <br /> Trustee ( the "Trustee") , authorizing the issuance of the Bonds <br /> (the "Indenture") ; <br /> - 2 - <br />