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6094 PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF $6,400,000 SURFACE WATER DRAINAGE SYSTEM BONDS, SERIES OF 1975
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6094 PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF $6,400,000 SURFACE WATER DRAINAGE SYSTEM BONDS, SERIES OF 1975
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Last modified
10/10/2016 4:35:12 PM
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10/10/2016 4:35:11 PM
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Resolution/Ordinance
Res Ord Num
6094
Res Ord Title
PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF $6,400,000 SURFACE WATER DRAINAGE SYSTEM BONDS, SERIES OF 1975...
Approved Date
6/23/1975
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9 <br /> For the prompt payment of this boad, both principal and I' <br /> intere�t, as aforesaid, as the same becones due, and for the levq I <br /> of taxes sufficient for that purpose, the full faith, credit an d <br /> resources of said City of Decatur are hereby irrevocably pledged. <br /> This bond is one of a series of bonds aggregating the <br /> principal sum o� Six Millior� Four Hundred Thousand Dollars <br /> ($6,400,000), of like date, tenor an d effect except as to maturity, <br /> issueed for the purpose of paying the cost o� con�txuctiag impxcwe- <br /> me nts and extensions to the existing system of surface wate� drains <br /> in and for said City, such impr oveaents and extensions being nece�- <br /> �ary to dispose of e�ocess surface arater and to prevent flooding and <br /> the haaaYds to the pub�ic health which aay result froa excessive <br /> rainfall and flooding crnnditioas, aad was authorized by an ordinance <br /> duly adc�pted by the Couacil cf �aid Citq of Decatnr c>n the daq <br /> of , 1975, and �ich said ordinance was signed by <br /> t�r� Mayor of said City, published in all respects as by law required <br /> and is now in full fcrce and effect. <br /> It is hereby certified and recited that all acts, condi- <br /> timis and things Yequired to be done precedent to the issue of thi� <br /> bcmd and the series of bonds of �ich this bond is az�e ha�e been pro- <br /> perly doae, happe�d and been perPormed in regular and due for� and <br /> t3�e as required by the ccrostitution of the State of Illinois and the <br />
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