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7170 AUTHORIZING THE FINANCING OF POLLUTION CONTROL FACILITIES (ARCHER-DANIELS-MIDLAND COMPANY PROJECT)
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7170 AUTHORIZING THE FINANCING OF POLLUTION CONTROL FACILITIES (ARCHER-DANIELS-MIDLAND COMPANY PROJECT)
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Last modified
10/7/2016 10:33:53 AM
Creation date
10/7/2016 10:33:52 AM
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Resolution/Ordinance
Res Ord Num
7170
Res Ord Title
AUTHORIZING THE FINANCING OF POLLUTION CONTROL FACILITIES AND RELATED PROPERTY CONSTITUTING A "PROJECT" WITHIN THE MEANING OF ORDINANCE NO. 5768; AUTHORIZING THE ISSUANCE OF $6,335,000 POLLUTION CONTROL REVENUE BONDS (ARCHER-DANIELS-MIDLAND COMPANY)
Approved Date
10/25/1976
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_ _._.__...._... -------- - _ ____._... __. � <br /> and things necessary to carry out and comply with the provisions <br /> of such instruments as executed. - • <br /> Section 3. That the Mayor or the Clerk of the Issuer be <br /> and is hereby authorized, empowered and directed to cause to be � <br /> prepared an issue of $6, 335,000 aggregate principal amount of the <br /> Bonds of the Issuer, bearing interest at the rate of six and five- <br /> ' 4;� <br /> eighths per cent C6 �5/8�) per annum payable semiannually (with past <br /> due interest as provided in the Indenture, as executed) , maturing <br /> on October 1, 2006, and sub�ect to mandatory and optional redemption <br /> as set forth in the Indenture as executed; that such Bonds shall be <br /> in such form and shall have the other terms and provisions specified <br /> in said Indenture (as executed and deZivered) ; that said Bonds shall <br /> be executed and attested in the name of the Issuer with the facsimile. <br /> signature of the Mayor and the manual signature of the Clerk of the <br /> Issuer; that the seal of the Issuer may be affixed thereto or <br /> imprinted thereon and the coupons to be attached to the coupon Bonds <br /> of said issue� shall be authenticated by the facsimile signatures of <br /> the Mayor and the Clerk of the Yssuer; that the Mayor or Clerk of <br /> the Issuer shall cause such Bonds, as so executed and attested, to <br /> be delivered to the Trustee for authentication and the Trustee is <br /> hereby requested to authenticate $6,335,000 aggregate principal <br /> amount of the Bonds; and that the form of the Bonds submitted to <br /> this meeting as the same appears in the Indenture, sub,ject to <br /> appropriate insertion and revision in order to comply with the <br /> provisions of said Indenture be, and the same hereby are, approved, <br /> and when the same shall be executed on behalf of the Issuer in the <br /> manner contemplated by the Indenture and this Ordinance in the ' <br /> aggregate principal amount of $6,335,000, they shall represent the <br /> approved forms of the Bonds of the Issuer. <br /> Section 4 . That the Mayor or Clerk of the Issuer be and <br /> is hereby authorized, empowered and directed to issue and sell bo <br /> the Purchasers $6,335,000 principal amount of the Bonds, at a <br /> -5- �� <br />
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