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Department of Finance
CITY OF CHICAGO
February 2, 2016
Susana A. Mendoza City Clerk
121 North LaSalle Street Room 107
Chicago, Illinois 60602
RE: $900,000,000 First Amendment to Revolving Line of Credit Agreement dated as of January 29, 2016 among the City of Chicago, JPMorgan Chase Bank, National Association, as Administrative Agent, Bank of China, Chicago Branch, and BMO Harris Bank, N.A. (the ikFirst Amendment")
Dear Ms. Mendoza,
Attached is the First Amendment referenced above, which was authorized pursuant to ordinances adopted by the City Council of the City of Chicago on May 1, 2002, as amended on March 14, 2012, and as further amended on February 5, 2014. This filing of the First Amendment is pursuant to Section 25(e) of the ordinance approved and adopted-on March 14,-2012. Please direct this filing to the City Council of the City of Chicago.
Very truly yours,
Chief Financial Officer
121 NORTH LASALLE STREET, SUITE 700. CHICAGO, ILLINOIS 60602
Execution Copy
FIRST AMENDMENT TO REVOLVING LINE OF CREDIT AGREEMENT
THIS FIRST AMENDMENT TO REVOLVING LINE OF CREDIT AGREEMENT (this "Amendment") is entered into as of January 29, 2016, by and among the CITY OF CHICAGO, a municipal corporation and home rule unit of local government organized and existing under the Constitution and laws, of the State of Illinois (the "City"), the lenders signatory hereto (each, a "Lender" and; collectively, the "Lenders"), and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as Administrative Agent (in such capacity, the "Administrative Agent") under the Credit Agreement (as defined below).
RECITALS.
The City, the Administrative Agent and the Lenders are parties to that certain Revolving Line of Credit Agreement dated as of September 24, 2015 (the "Credit Agreement"); and
The City has requested that the Administrative Agent and the Lenders amend certain provisions of the Credit Agreement, and the Administrative Agent and the Lenders are willing to make such ...
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