7201 AUTHORIZING THE FINANCING OF POLLUTION CONTROL FACILITIES (POLLUTION CONTROL REVENUE BONDS, SERIES 1976)

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• y ` • - 3 - 2. The form of Indenture of Trust dated as of December l, 1976, between the Issuer and the Trustee, setting forth terms, conditions and security requirements for the proposed bond issue to finance the Project (the "Indenture") ; 3. The form of the proposed Pollution Control Revenue Bonds, Series 1976 (Staley Project) (the "Bonds") to be issued in the aggregate principal amount of $2,800,000; 4. The form of Agency Agreement to be dated as of the effective date of this Ordinance (the "Agency Agreement") , between the Issuer and Dillon, Read & Co. , Inc. , New York, New York (the "Placement Agent") ; and 5. The form of the Placement Memorandum of the Issuer to be dated as of the effective date of this Ordinance (the "Placement Memorandum") describing the Bonds; NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF DECATUR, MACON COUNTY, ILLINOIS, AS FOLLOWS: Section 1. That the form, terms and provisions of the proposed Loan Agreement and Indenture be, and they hereby are, in all respects approved, and that the Mayor and the Clerk of the Issuer be, and they are hereby authorized, empowered and directed to execute, acknowledge and deliver such instruments in the name and on behalf of the Issuer, to cause the Loan Agreement to be delivered to the Company and to cause the Indenture to be delivered to the Trustee; that the Indenture shall constitute a lien for the security of the bonds at any time issued thereunder upon all right, title and interest of the Issuer in and to the revenues and receipts derived by the Issuer from the Project, including the payments, revenues and receipts derived from the Loan Agreement and said revenues are hereby and in the Indenture pledged for such purpose; that the Loan Agreement and the Indenture are to be in substantially the forms submitted to this meeting and hereby approved, with such changes therein as shall be approved by the