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SECTION 4. LOAN NOT INDEBTEDNESS OF THE CITY OF DECATUR <br /> Repayment of the loan to the Illinois Environmental Protection Agency by the City of <br /> Decatur pursuant to this Ordinance is to be solely from the revenue derived from Sewer User <br /> Fees and Stormwater Utility Fees collected by the City, and the loan does not constitute an <br /> indebtedness of the City of Decatur within the meaning of any constitutional or statutory <br /> limitation. <br /> SECTION 5. RESERVE ACCOUNTS <br /> As long as the City of Decatur has outstanding revenue bonds payable from revenues of <br /> the system that are senior to the revenue bond authorized by this ordinance, the City of Decatur <br /> shall maintain an account, coverage and reserves equivalent to the accounts, coverages and <br /> reserves required by the outstanding ordinances. <br /> SECTION 6. APPLICATION FOR LOAN <br /> The City Manager is hereby authorized to make application to the Illinois Environmental <br /> Protection Agency for a loan through the Water Pollution Control Loan Program, in accordance <br /> with the loan requirements set out in 35 Ill.Adm. Code 365. <br /> SECTION 7. AUTHORIZATION OF CITY MANAGER OF THE CITY OF <br /> DECATUR <br /> The City Manager is hereby authorized and directed to execute the Loan Agreement with <br /> the Illinois Environmental Protection Agency. The Corporate Authority may authorize by <br /> resolution a person other than City Manager for the sole purpose of authorizing or executing any <br /> documents associated with payment requests or reimbursements from the Illinois Environmental <br /> Protection Agency in connection with this loan. The loan funds received shall be used solely for <br /> the purposes of the project as approved by the Illinois Environmental Protection Agency in <br /> accordance with the terms and conditions of the Loan Agreement. <br /> SECTION 8. SEVERABILITY <br /> If any section, paragraph, clause or provision of this Ordinance is held invalid, the <br /> invalidity of such section, paragraph, clause or provision shall not affect any of the other <br /> provisions of this Ordinance. <br /> SECTION 9. REPEALER <br /> All ordinances, resolutions, orders, or parts thereof, which conflict with the provisions of <br /> this Ordinance,to the extent of such conflict, are hereby repealed. <br /> 3 <br />