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3 <br /> WF��REAS, it has been and now is determined that the estimated <br /> amount necessary to finance the cost of acquiring and completing <br /> said project, including necessary expenses incidental thereto, re- <br /> quires that revenue bonds of the City in the principal amount of <br /> $1,000,000 be authorized as hereinafter provided; and, <br /> WHEREAS, necessary arYangeme nts for the issuance and sale of <br /> such revenue bonds has been made; and, ' <br /> WI�R�AS, it is necessary in caznection with the issuance and I� <br /> sale of said revenue bonds, that the City execute and deliver a <br /> trust indenture to The Citizens National Bank of Decatur, as Trustee, <br /> for the purchasers and subsequent holders of said bonds: <br /> NOW� THEREFORE� BE IT ORDAINED BY THE COUNCIL OF THE CITY OF <br /> DECRTUR� ILLINOIS; <br /> Section 1. That the acquisitian and completion of said pro- <br /> ject and the leasing of the same to Debxon Corporation be, and it is <br /> he reby, determined to be in the public interest and for a public pur- <br /> pose to relieve conditions of unemployment and to encourage the in- <br /> crease of industry within the City of Decatur, Illinois, thereby re- <br /> ducing the evils attendant upon unemployment. <br /> Section 2. That the acquisition and com�letion of said project <br /> and the leasing of the same to Debron Corporation be, and the same <br /> is hereby, authorized. <br />