R-83-12SOLUTION. R -83 -12
RESOLUTION AWARDING $500,000 CORPORATE
PURPOSE'BONDS, SERIES 1983, OF THE
VILLAGE OF DEERFIELD, ILLINOIS AND
DETERMINING CERTAIN OTHER MATTERS WITH
RESPECT THERETO.
BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF DEERFIELD, ILLINOIS, AS FOLLOWS:
Section 1. The $500,000 principal amount of Corporate
Purpose Bonds, Series 1983, of the Village of Deerfield, Illinois
(the "Village ") authorized to be issued under and pursuant to the
ordinance adopted by the President and Board of Trustees of the
Village on November 7, 1983 and entitled: "Ordinance Authorizing
the Issuance of $500,000 Corporate Purpose Bonds, Series 1983, of
the Village of Deerfield, Illinois" (the "Ordinance ") are hereby
.sold and awarded to Harris Trust and Savings Bank
(the "Purchaser ") at its price
bid of $ 500,020
plus interest accrued on said bonds from
December 1, 1983 to the date of their delivery and payment.
Section 2. Said bonds maturing in each of the follow-
ing years shall bear interest at the rate per annum shown opposite
such year in the following table:
Year
1984
1985
1986
1987
1988
Rate of Interest
7.50
6.50
7.00
7.20
Section 3. The Official Statement prepared with respect
to said bonds is hereby approved.
a
SOLUTION. R -83 -12
RESOLUTION AWARDING $500,000 CORPORATE
PURPOSE'BONDS, SERIES 1983, OF THE
VILLAGE OF DEERFIELD, ILLINOIS AND
DETERMINING CERTAIN OTHER MATTERS WITH
RESPECT THERETO.
BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF DEERFIELD, ILLINOIS, AS FOLLOWS:
Section 1. The $500,000 principal amount of Corporate
Purpose Bonds, Series 1983, of the Village of Deerfield, Illinois
(the "Village ") authorized to be issued under and pursuant to the
ordinance adopted by the President and Board of Trustees of the
Village on November 7, 1983 and entitled: "Ordinance Authorizing
the Issuance of $500,000 Corporate Purpose Bonds, Series 1983, of
the Village of Deerfield, Illinois" (the "Ordinance ") are hereby
.sold and awarded to Harris Trust and Savings Bank
(the "Purchaser ") at its price
bid of $ 500,020
plus interest accrued on said bonds from
December 1, 1983 to the date of their delivery and payment.
Section 2. Said bonds maturing in each of the follow-
ing years shall bear interest at the rate per annum shown opposite
such year in the following table:
Year
1984
1985
1986
1987
1988
Rate of Interest
7.50
6.50
7.00
7.20
Section 3. The Official Statement prepared with respect
to said bonds is hereby approved.
a
Section 4. The Village President and Village-Clerk are
each hereby authorized and directed to execute and deliver said
bonds to or upon the order of the Purchaser, upon payment of the
full purchase price of said bonds; and the Village President and
all other officers of the Village are hereby authorized and
directed to do or cause to be done every action necessary to
accomplish the delivery of said bonds.
Section 5. This resolution supplements the Ordinance and
shall be effective immediately.
-2-
Upon roll call, the foregoing resolution was approved
by the following vote:
Aye: Jackson, Marty, Seidman, Swanson, York (5)
Nay: None (0)
Absent: Marovitz (1)
1.
e
Village President
ATTEST:
VIL AGE C R
-3-
1
Upon roll call, the foregoing resolution was approved
by the following vote:
Aye: Jackson, Marty, Seidman, Swanson, York (5)
Nay: None (0)
Absent: Marovitz (1)
1.
e
Village President
ATTEST:
VIL AGE C R
-3-