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Home My WebLink AboutT33-07 . •+ CITY OF ELGIN ORDINANCE NO.T33-07 ORDINANCE AUTHORIZING THE ISSUANCE AND SALE BY THE CITY OF ELGIN, KANE AND COOK COUNTIES, ILLINOIS OF ITS TAX-EXEMPT REVENUE BONDS (THE BOYS AND GIRLS CLUB OF ELGIN, INC. PROJECT) SERIES 2007 IN A PRINCIPAL AMOUNT OF NOT TO EXCEED $2,100,000 FOR THE PURPOSE OF FINANCING ALL OR A PORTION OF THE COSTS OF CERTAIN FACILITIES OF THE BOYS AND GIRLS CLUB OF ELGIN, INC. LOCATED IN ELGIN, ILLINOIS, AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND AND LOAN AGREEMENT UNDER WHICH THE BONDS WILL BE ISSUED AND SOLD TO ELGIN STATE BANK AND THE PROCEEDS OF THE BONDS WILL BE LOANED TO THE BOYS AND GIRLS CLUB OF ELGIN, INC., A [PLACEMENT AGENT AGREEMENT] AMONG THE CITY, THE BOYS AND GIRLS CLUB OF ELGIN, INC. AND LASALLE FINANCIAL SERVICES, INC. AND A TAX EXEMPTION CERTIFICATE AND AGREEMENT PERTAINING TO THE TAX EXEMPTION OF THE BONDS;APPROVING CERTAIN OTHER AGREEMENTS;AND RELATED MATTERS. PASSED BY THE CITY COUNCIL OF THE CITY OF ELGIN ON THIS 13TH DAY OF JUNE 2007 Published in pamphlet form by authority of the City Council of the City of Elgin, Kane and Cook Counties, Illinois, on this 15th day of June 2007. f f STATE OF ILLINOIS ) ) ss. COUNTY OF KANE ) CERTIFICATE I, Jennifer Quinton, certify that I am the duly appointed and acting municipal clerk of the City of Elgin, Cook and Kane Counties, Illinois. I further certify that on June 13, 2007, the Corporate Authorities of such municipality passed and approved Ordinance No. T33-07, which provided by its terms that it should be published in pamphlet form. The pamphlet form of Ordinance No. T33-07, including the Ordinance and a cover sheet thereof, was prepared, and a copy of such Ordinance was posted in the municipal building commencing on June 15, 2007, and continuing for at least ten days thereafter. Copies of such Ordinance were also available for public inspection upon request in the office of the rik municipal clerk. DATED at Elgin, Illinois, on June 15, 2007. OF 7 , A• ing Municipal Clerk (SEAL) row rbk ORDINANCE No.T33-07 ORDINANCE AUTHORIZING THE ISSUANCE AND SALE BY THE CITY OF ELGIN, KANE AND COOK COUNTIES, ILLINOIS OF ITS TAX-EXEMPT REVENUE BONDS (THE BOYS AND GIRLS CLUB OF ELGIN, INC. PROJECT) SERIES 2007 IN A PRINCIPAL AMOUNT OF NOT TO EXCEED $2,100,000 FOR THE PURPOSE OF FINANCING ALL OR A PORTION OF THE COSTS OF CERTAIN FACILITIES OF THE BOYS AND GIRLS CLUB OF ELGIN, INC. LOCATED IN ELGIN, ILLINOIS, AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND AND LOAN AGREEMENT UNDER WHICH THE BONDS WILL BE ISSUED AND SOLD TO ELGIN STATE BANK AND THE PROCEEDS OF THE BONDS WILL BE LOANED TO THE BOYS AND GIRLS CLUB OF ELGIN, INC., A [PLACEMENT AGENT AGREEMENT] AMONG THE CITY, THE BOYS AND GIRLS CLUB OF ELGIN, INC. AND LASALLE FINANCIAL SERVICES, INC. AND A TAX EXEMPTION CERTIFICATE AND AGREEMENT PERTAINING TO THE TAX EXEMPTION OF THE BONDS; APPROVING CERTAIN OTHER AGREEMENTS;AND RELATED MATTERS. WHEREAS, by virtue of its population, the City of Elgin, Kane and Cook Counties, Illinois (the "Issuer") is a home rule unit of government under Section 6(a) of Article VII of the 1970 Constitution of the State of Illinois, and is authorized and is empowered pursuant to its home rule powers to issue its revenue bonds to finance, refinance or reimburse the cost of acquiring, constructing and equipping commercial recreational facilities in order to enhance the general health and welfare of the residents of the Issuer and the surrounding areas; and WHEREAS, The Boys and Girls Club of Elgin, Inc., an Illinois not-for-profit corporation (the "Borrower"), wishes to finance the costs of construction of a new clubhouse and administration office and related improvements and the acquisition of furnishings, equipment and related property to be installed therein (the "Project") located at 355 Dundee Avenue, 366 Ann Street, 361 Hickory Place and the lot directly west of 361 Hickory Place, at the corner of Hickory Place and Dundee Avenue, in Elgin, Illinois, which will be owned and operated by the Borrower; and WHEREAS, the Borrower wishes to have the Issuer issue its Tax-Exempt Revenue Bonds rik (The Boys and Girls Club of Elgin, Inc. Project) Series 2007 in a principal amount not to exceed 0-6-0-Bond Ord-Boys&GirlsClub-T33-07.doc 2148716 rik $2,100,000 (the "Bonds"), to provide financing and reimbursement for costs of the Project, costs of issuance and capitalized interest during the construction period; and WHEREAS, the Issuer finds that financing and reimbursing of the Project from the proceeds of the Bonds will be for the public purposes of the Issuer set forth above; and WHEREAS, the Bonds will be sold to Elgin State Bank (the "Purchaser") in whole; and WHEREAS, the City Council of the City (the "Corporate Authorities") are the elected legislative body of the Issuer and are the applicable elected representative required to approve the issuance of the Bonds within the meaning of Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"); and WHEREAS, notice of a public hearing with respect to the proposed issuance of the Bonds was published on May 29, 2007, in the Courier News, a newspaper of general circulation in the City of Elgin, Illinois; and WHEREAS, on June 13, 2007, a public hearing was held with respect to the Project and the proposed issuance of the Bonds, at which hearing all interested persons were given an opportunity to appear and be heard, pursuant to the requirements of Section 147(0 of the Code; and WHEREAS, the Issuer reasonably expects (based upon information supplied by the Borrower, upon which it is reasonable and prudent for the Issuer to rely) to reimburse the Borrower for the expenditures relating to the Project with the proceeds of an obligation; and WHEREAS, it is necessary and desirable that the Issuer, the Purchaser and the Borrower enter into a Bond and Loan Agreement (the "Loan Agreement"), in substantially the form which is before the Corporate Authorities at this meeting whereby the Issuer will issue and sell the Bonds to the Purchaser and loan the proceeds of the Bonds to the Borrower in order to finance and reimburse costs of the Project, and the Borrower will agree to make payments sufficient to -2- • • provide for the payment of principal and purchase price of, premium, if any, and interest on and other amounts payable on the Bonds, as and when the same become due and payable; and WHEREAS, it is necessary and desirable for the Issuer, the Borrower and LaSalle Financial Services, Inc. (the "Placement Agent") to enter into a [Placement Agent Agreement] (the "Placement Agreement") in substantially the form of which is before the Corporate Authorities at this meeting, whereby the Placement Agent is authorized and agrees to act as the placement agent in connection with the issuance of the Bonds; and WHEREAS, it is necessary and desirable for the Issuer and the Borrower to enter into a Tax Exemption Certificate and Agreement, to be dated the date of issuance of the Bonds (the "Tax Agreement") in substantially the form of which is before the Corporate Authorities at this meeting, governing the investment of the gross proceeds of the Bonds and certain other matters relating to the federal tax exemption of interest on the Bonds. elk Now, THEREFORE, Be It Ordained by the City Council of the City of Elgin, Kane and Cook Counties, Illinois, in the exercise of its home rule powers, as follows: Section 1. The financing and reimbursement of the costs of the Project through the issuance and sale of the Bonds in accordance with the terms of the Loan Agreement is hereby authorized and approved. The use of the proceeds of the Bonds to finance and reimburse costs of the Project is in furtherance of the public purposes of the Issuer. Section 2. The Loan Agreement, in substantially the form presented at this meeting and on file with the City Clerk and containing substantially the terms and provisions (including repayment provisions) set forth therein, is hereby authorized, approved and confirmed, and the form, terms and provisions of the Loan Agreement are hereby approved, with such changes and revisions therein as shall be approved by the officers of the Issuer executing and attesting the same, their signatures thereon to constitute conclusive evidence of such approval, and the Mayor -3- and the City Clerk of the Issuer are hereby authorized and directed to execute, attest, seal and deliver the Loan Agreement. Section 3. The Placement Agreement in substantially the form presented at this meeting and on file with the City Clerk and containing substantially the terms and provisions set forth therein, is hereby authorized, approved, and confirmed, and the form, terms and provisions of the Placement Agreement are hereby approved with such changes and revisions therein as shall be approved by the officer of the Issuer executing the same, her signature thereon to constitute conclusive evidence of such approval, and the Mayor of the Issuer is hereby authorized and directed to execute and deliver the Placement Agreement. Section 4. The Tax Agreement in substantially the form presented at this meeting and on file with the City Clerk and containing substantially the terms and provisions set forth therein, is hereby authorized, approved, and confirmed, and the form, terms and provisions of the Tax Agreement are hereby approved with such changes and revisions therein as shall be approved by the officer of the Issuer executing the same, her signature thereon to constitute conclusive evidence of such approval, and the Mayor of the Issuer is hereby authorized and directed to execute and deliver the Tax Agreement. Section 5. The Mayor of the Issuer is hereby authorized, empowered and directed to cause to be prepared an issue of not to exceed $2,100,000 principal amount of the Bonds of the Issuer, bearing interest from time to time at the interest rate provided in the Loan Agreement, not in any event to exceed 15%per annum. The Mayor shall approve the final terms of the Bonds on the date of delivery thereof. The Bonds shall be designated "City of Elgin, Kane and Cook Counties, Illinois Tax-Exempt Revenue Bonds (The Boys and Girls Club of Elgin, Inc. Project) Series 2007." The Bonds shall be issued as a single bond in the amount of the entire principal amount of the Bonds. -4- The Bonds shall be dated the date of their initial issuance and delivery, shall mature no later than thirty years from their date of issuance, shall have principal payable in installments, shall be in fully registered form, shall be subject to redemption in accordance with the terms and provisions of the Loan Agreement, and shall have such other terms and provisions as specified in the Loan Agreement to be included therein. The Bonds shall be executed in the name of the Issuer with the manual or facsimile signature of the Mayor of the Issuer and attested with the manual or facsimile signature of the City Clerk of the Issuer, and the seal of the Issuer shall be affixed thereto or imprinted thereon. Section 6. The Bonds and interest thereon shall be limited obligations of the Issuer, payable solely out of the revenues and receipts derived by the Issuer as described in the Loan Agreement. The Bonds shall not in any respect be general obligations of the Issuer, nor shall they be payable in any manner from funds of the Issuer raised by taxation. No holder of any Bond has the right to compel any exercise of the taxing power of the Issuer to pay the Bonds, the interest or premium, if any, thereon. The Bonds do not constitute in any respect an indebtedness of the Issuer or loan of credit thereof within the meaning of any constitutional or statutory provision. It shall be plainly stated on the face of any Bond that it has been issued under the home rule powers of the Issuer and it does not constitute an indebtedness of the Issuer or a loan of credit thereof within the meaning of any constitutional or statutory provision. Nothing in this Ordinance, the Loan Agreement, the Placement Agreement, the Tax Agreement or the form of the Bonds, or in any document or agreement required hereby and thereby, shall be construed as an obligation or commitment by the Issuer to expend any of its funds other than (i) the proceeds derived from the sale of the Bonds, (ii) the revenues and receipts derived from and described in the Loan Agreement, and (iii) any monies arising out of the investment or reinvestment of said /�► proceeds, income, revenue, receipts or monies. -5- Section 7. The form of Bonds submitted to this meeting, subject to appropriate insertion and revision in order to comply with the provisions of the Loan Agreement is approved, and when Bonds in such form shall be executed on behalf of the Issuer in the manner contemplated by the Loan Agreement and this Ordinance, they shall represent the approved definitive form of the Bonds of the Issuer. Section 8. The Issuer is hereby authorized, empowered and directed to issue and sell to the Purchaser the entire aggregate principal amount of the Bonds, at a price of 100% of the principal amount thereof. Section 9. The Mayor and the City Clerk of the Issuer are hereby authorized and directed to execute, attest, seal and deliver any and all documents and to do any and all things deemed necessary to effect the issuance and sale of the Bonds, the execution and delivery of the Loan Agreement, the Placement Agreement and the Tax Agreement and to carry out the intent and purposes of this Ordinance, including the preambles hereto. In the absence of the Mayor or the City Clerk, any officer of the Issuer so authorized by law may perform any of the actions required hereby in lieu of the Mayor and the City Clerk, as the case may be. Section 10. This Ordinance shall constitute the approval by the City Council of the Issuer of the issuance of the Bonds pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"). Section 11. The Issuer recognizes the provisions of Section 265(b)(3) of the Code which provide that a "qualified tax-exempt obligation" as therein defined may be treated by certain financial institutions as if it were acquired on August 7, 1986, for certain purposes. The Issuer hereby designates the Bonds for purposes of Section 265(b)(3) of the Code as a "qualified tax-exempt obligation" as provided therein. r -6- Section 12. Chapman and Cutler LLP, Chicago, Illinois, is hereby authorized to act as bond counsel in connection with the issuance of the Bonds. Section 13. No member of the City Counsel of the Issuer has any pecuniary interest in any employment, financing, agreement or other contract made in connection with the Bonds, the Project or the Borrower. Section 14. All acts of the officials of the Issuer which are in conformity with the purposes and intent of this Ordinance and in furtherance of the issuance and sale of the Bonds and the Project be, and the same hereby are, in all respects, approved and confirmed. Section 15. After the Bonds are issued, this Ordinance shall not be repealable until the Bonds and the interest thereon shall have been fully paid, canceled and discharged. Section 16. The provisions of this Ordinance are hereby declared to be separable and if /�► any section, phrase or provision shall for any reason be declared to be invalid, such declaration shall not affect the validity of the remainder of the sections, phrases and provisions. Section 17. All ordinances, resolutions and parts thereof in conflict herewith are hereby repealed to the extent of such conflict. r -7- Section 18. This Ordinance shall become effective immediately upon passage and all resolutions or ordinances in conflict herewith are repealed to the extent of the conflict. Upon roll call vote: AYES: Juan Figueroa, Robert Gilliam, David J. Kaptain, Michael Powers, F. John Steffen, John Walters NAYS: None ABSENT: None Adopted June 13, 2007. Approved June 13, 2007. 1°`° c,441Z- Mayor, City of Elgin, Kane and Cook Counties, Illinois Recorded in the City Records on June 13, 2007. Published in pamphlet form by authority of the City Council on June 13, 2007. Attest: [SEAL] Cit lerk, • y of Elgin, Kane and Cook 'ounties, Illinois r -8- STATE OF ILLINOIS ) ) SS COUNTY OF KANE ) CERTIFICATION OF MINUTES AND ORDINANCE I, the undersigned, do hereby certify that I am the duly qualified and acting City Clerk of the City of Elgin, Kane and Cook Counties, Illinois (the "City"), and as such official I am the keeper of the official journal of proceedings, books, records, minutes and files of the City and of the City Council (the "Corporate Authorities") thereof. I do further certify that the foregoing is a full, true and complete transcript of that portion of the minutes of the meeting of the Corporate Authorities held on the 13th day of June, 2007, insofar as the same relates to the adoption of an ordinance entitled: ORDINANCE AUTHORIZING THE ISSUANCE AND SALE BY THE CITY OF ELGIN, KANE AND COOK COUNTIES, ILLINOIS OF ITS TAX-EXEMPT REVENUE BONDS (THE BOYS AND GIRLS CLUB OF ELGIN, INC. PROJECT) SERIES 2007 IN A PRINCIPAL AMOUNT NOT TO EXCEED $2,100,000 FOR THE PURPOSE OF FINANCING ALL OR A PORTION OF THE COSTS OF CERTAIN FACILITIES OF THE BOYS AND GIRLS CLUB OF elk ELGIN, INC. LOCATED IN ELGIN, ILLINOIS, AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND AND LOAN AGREEMENT UNDER WHICH THE BONDS WILL BE ISSUED AND SOLD TO ELGIN STATE BANK AND THE PROCEEDS OF THE BONDS WILL BE LOANED TO THE BOYS AND GIRLS CLUB OF ELGIN, INC., A [PLACEMENT AGENT AGREEMENT] AMONG THE CITY, THE BOYS AND GIRLS CLUB OF ELGIN, INC. AND LASALLE FINANCIAL SERVICES, INC. AND A TAX EXEMPTION CERTIFICATE AND AGREEMENT PERTAINING TO THE TAX EXEMPTION OF THE BONDS; APPROVING CERTAIN OTHER AGREEMENTS;AND RELATED MATTERS. a true, correct and complete copy of which said ordinance as adopted at said meeting appears in the foregoing transcript of the minutes of said meeting. I do further certify that the deliberations of the Corporate Authorities on the adoption of said ordinance were conducted openly; that the vote on the adoption of said ordinance was taken openly; that said meeting was called and held at a specified time and place convenient to the public; that notice of said meeting was duly given to all of the news media requesting such notice; that an agenda for said meeting was posted at the principal office of the Corporate Authorities and at the location where said meeting was to be held on a day which was not a Saturday, Sunday or legal holiday for Illinois municipalities and at least 48 hours in advance of holding said meeting; that said agenda described or made specific reference to said ordinance; that a true, correct and complete copy of said agenda as so posted is attached hereto as Exhibit A; and that said meeting was called and held in strict compliance with the provisions of the Open Meetings Act of the State of Illinois, as amended, and the Illinois Municipal Code, as amended, and that the Corporate Authorities have complied with all of the provisions of said Act and said Code, except as said Act and said Code are validly superseded by the home rule powers of the City, and with all of the procedural rules of the Corporate Authorities in the adoption of said Ordinance. IN WITNESS WHEREOF I hereunto affix my official signature and the seal of the City this 13th day of June, 2007. City Clerk [SEAL] [Attach Exhibit A] r r -2- EXTRACT OF MINUTES of the regular public meeting of the City Council of the City of Elgin, Kane and Cook Counties, Illinois, held at the City Hall, located at 150 Dexter Court, in said City, at 7:00 p.m., on Wednesday, the 13th day of June, 2007. The Mayor called the meeting to order and directed the City Clerk to call the roll. Upon the roll being called, the following Council Members were physically present at said location: Juan Figueroa, Robert Gilliam, David J. Kaptain, Michael Powers, F. John Steffen, John Walters The following Council Members were allowed by a majority of the members of the City Council in accordance with and to the extent allowed by rules adopted by the City Council to attend the meeting by video or audio conference: none No Council Member was permitted to attend the meeting by video or audio conference. The following Council Members were absent and did not participate in the meeting in any manner or to any extent whatsoever: none The City Council then discussed the proposed issuance by the City of Tax-Exempt Revenue Bonds (The Boys and Girls Club of Elgin, Inc. Project) Series 2007 for the benefit of The Boys and Girls Club of Elgin, Inc. Thereupon, the City Clerk presented the following ordinance and there was read by title an ordinance as follows, a copy of which was provided to each Council Member prior to said meeting and to everyone in attendance at said meeting who requested a copy: ORDINANCE AUTHORIZING THE ISSUANCE AND SALE BY THE CITY OF ELGIN, KANE AND COOK COUNTIES, ILLINOIS OF ITS TAX-EXEMPT REVENUE BONDS (THE BOYS AND GIRLS CLUB OF ELGIN, INC. PROJECT) SERIES 2007 IN A PRINCIPAL AMOUNT NOT TO EXCEED $2,100,000 FOR THE PURPOSE OF FINANCING ALL OR A PORTION OF THE COSTS OF CERTAIN FACILITIES OF THE BOYS AND GIRLS CLUB OF ELGIN, INC. LOCATED IN ELGIN, ILLINOIS, AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND AND LOAN AGREEMENT UNDER WHICH THE BONDS WILL BE ISSUED AND SOLD TO ELGIN STATE BANK AND THE PROCEEDS OF THE BONDS WILL BE LOANED TO THE BOYS AND GIRLS CLUB OF ELGIN, INC., A [PLACEMENT AGENT AGREEMENT] AMONG THE CITY, THE BOYS AND GIRLS CLUB OF ELGIN, INC. AND LASALLE FINANCIAL SERVICES, INC. AND A TAX EXEMPTION CERTIFICATE AND AGREEMENT PERTAINING TO THE TAX EXEMPTION OF THE BONDS; APPROVING CERTAIN OTHER AGREEMENTS;AND RELATED MATTERS. (the "Ordinance"). Council Member John Walters moved and Council Member Juan Figueroa seconded the motion that the Ordinance as presented be adopted. A discussion of the matter followed. The Mayor directed that the roll be called for a vote upon the motion to adopt the Ordinance. Upon the roll being called, the following Council Members voted AYE: Juan Figueroa Robert Gilliam, David J. Kaptain, Michael Powers, F. John Steffen, John Walters and the following Council Members voted NAY: none • r -2- elk WHEREUPON, the Mayor declared the motion carried and the Ordinance adopted. Other business was duly transacted at said meeting. Upon motion duly made and carried, the meeting adjourned. / / Ci4. Clerk et r r -3- _ Certificate of Publication in Couner1Nevvs ,... .,,,eor,3i .4. i':�a�c tee,ii nal 1. AS'. r z } STATE OF ILLINOIS I'1 �y o j� ii ; t + B t f ; COUNTY OF KANE �aq r , ?,i4,;.-.11-L!. ▪ l i 4, a i•seen t¢d } 7 w ,v Ary; ' '' ▪ " t en,.btr ifl�r Fre� FOX VALLEY PUBLICATIONS,DOES HEREBY CERTIFY: a 4 gt . t p�Y�ent aisaa to $; ` ; x �s � That it is a corporation duly organized and existing under the laws of the State of Illinois; de 8, Anbf to ady 6e ,n d T� ect be q.1,00t;ol attorte, ts, , „ by she , � , � That it is the publisher of The Courier News,a secular daily newspaper published in the City c to exceedyle'in AnY r "ten' of Elgin, in Kane County,Illinois and of general circulation in said City, County and State; and in AR, 10nvet4 pen- g , y, , g tY, h' , ct atni�uea� �'ax Eacetnor b t McHenry County and portions of Cook and DuPage Counties,and in cities in Kane Count and that a goods ;NW* aria . 1, m - Y Y P g Y� a C Wb't#iEie lho Pro. exec +�. it is a newspaper as defined in "An Act to Revise the Law in Relation to Notices"—Ill. Revised ;;��n of t n �, ti I; 4' Statutes,Chap. 100,Sections 1,5 and 10. p[.�. to;th9 a aid. a 41 'N9 y �.w t That a notice of which the annexed is a true copy has been regularly published in said .603:000,..� a r, ` $ rebtt,, �t04,, ' .. n at ',t newspaper c /.'E time(s) 'r`- each for leifj rater n t� tiy� nth :, successive • that the i1.Ji4t�tn98` rt67k -WO';�� 8!'' ' art "psi `�< ` ` first ublication of said notice was on the �At p ""rte publication oz-9 day of. Wu/ , 20 P.7 come areatibnat OF:U nd do of it.00 ,maY tt a exQ '.1'' `, �' rn and the last publication thereof was on the day of , 20 ,. the' !.i." qP>t4,,, .-owl mijealett a�'eubrt►fad , that the face of type in which each publication of said notice was printed was the same as the body .74,,t-'i.4). ��}fir'*`. ; c t n au of type used in the classified advertising in the newspaper in which said publication was made; a d , r t°" 'e That said The Courier News has been regularly published in said City, County and State ttt the ion wnlot d'4 Matice-QateP ,g9,2007 . for at least one year prior to the first publication of said notice. 61101'Poler, end.Gook •,gy,� `boio na Meooum - 91tyciark;:..:y-0,' In WITNESS WHEREOF, said Fox Valley Publications, publisher as aforesaid, has • executed this Certificate of Pub ication by its Officer or Agent thereunto duly authorized this ••,6° day of XI'7 , 20 O 7. FOX V EY PUBLICA NS . y ""a 4 4- Printer's Fee$A •.14 Paid 20 No 36-T. . . Folio . t}-P . o". . . . g ./'y.51` ,17 - -CAL SEAL f , BONNIE G. NOTARY PUBLIC,STATE t.INOIS My Commission ExpireBRAUN s ,2010 •