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5675 AUTHORIZING AND PROVIDING FOR THE ISSUE OF $8,000,000 WATER REVENUE BONDS
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5675 AUTHORIZING AND PROVIDING FOR THE ISSUE OF $8,000,000 WATER REVENUE BONDS
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10/19/2016 4:19:55 PM
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Resolution/Ordinance
Res Ord Num
5675
Res Ord Title
AUTHORIZING AND PROVIDING FOR THE ISSUE OF $8,000,000 WATER REVENUE BONDS OF THE CITY OF DECATUR, MACON COUNTY, ILLINOIS...
Approved Date
6/19/1972
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, � ' , <br /> said City in the oPfice of the City Treasurer, such registration to <br /> be noted on the reverse side of the bonds by the City Treasurer, and <br /> thereafter the principal of such registered bonds shall be pay�ble <br /> only to the registered holder, his legal representatives or assigns . <br /> Such registered bonds shall be transfera,ble to another re�istered <br /> holder or back to bearer only upon presentation to the City Treasurer, <br /> with a leg�l assignment duly acknowledged or approved. Registration <br /> of any of such bonds sh�ll not affect negotiability of the coupons <br /> thereto attached, but such coupons shall be transferable by delivery <br /> merely. <br /> Section 5. That said bonds and coupons shall be in sub- <br /> stantially the followin� form: <br /> (Form of Bond) <br /> UNITED STATES OF AMERICA <br /> STATE OF ILLINOIS COUNTY OF MACON <br /> CITY OF DEGATUR <br /> WATER REVENUE BOND <br /> SERIE5 OF 19?2 <br /> NUMBER $5,000 <br /> KNOW ALL MEN BY THESE PRESENTS, that the City of Decatur, <br /> Macon County, Illinois, for value re ceived, hereby promises to pay <br /> to bearer, or if this bond be registered, as hereinafter provided, <br /> then to the re�istered holder hereof, solely from the Water Fund of <br /> the City of Decatur, as hereinafter mentioned, and not otherwise, <br /> the sum of Five Thousand Dollars ($5,000) on September l, 19 , to- <br /> gether with interest on said sum from date hereof until paid at the <br /> rate of per cent (���) per ann�, payable <br /> on September 1, 19?2 and semiannually thereafter on the first days of <br /> March and September in each year upon presentation and surrender of <br /> the annexed interest coupons as they severally become due. <br /> Both principal of and interest on this bond are hereby made <br /> payable in lawful money of the United States of America at <br /> , in the <br /> City of , Illinois . <br /> -6- <br />
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