Common use of Accounting and Allocation of Certificate Proceeds to Expenditures Clause in Contracts

Accounting and Allocation of Certificate Proceeds to Expenditures. The Bond Compliance Officer will account for the investment and expenditure of Certificate proceeds in the level of detail required by the Compliance Procedure. The Bond Compliance Officer will supplement the expected allocation of Certificate proceeds to expenditures with a Final Written Allocation as required by the Compliance Procedure. A sample form of Final Written Allocation is attached as Exhibit E.

Accounting and Allocation of Certificate Proceeds to Expenditures. The Bond Compliance Officer will account for the investment and expenditure of Certificate proceeds in the level of detail required by the Tax Compliance Procedure. The Bond Compliance Officer will supplement the expected allocation of Certificate New Money Portion proceeds to expenditures with a Final Written Allocation as required by the Tax Compliance Procedure. A sample form of Final Written Allocation is attached as Exhibit E.F. Proceeds of the Refunding Portion and other money will be used as described in Sections 3.5 and 3.

Accounting and Allocation of Certificate Proceeds to Expenditures. The Bond Compliance Officer will account for the investment and expenditure of Certificate proceeds in the level of detail required by the Tax Compliance Procedure. The Bond Compliance Officer will supplement the expected allocation of Certificate proceeds to expenditures is shown on Exhibit D; the Bond Compliance Officer will supplement this expected allocation with a Final Written Allocation as required by the Tax Compliance Procedure. A sample form of a Final Written Allocation is attached as Exhibit E.F hereto.

Accounting and Allocation of Certificate Proceeds to Expenditures. The Bond Compliance Officer will account for the investment and expenditure of Certificate proceeds in the level of detail required by the Tax Compliance Procedure. The Bond Compliance Officer will supplement the expected allocation of Certificate proceeds to expenditures with a Final Written Allocation as required by the Tax Compliance Procedure. A sample form of a Final Written Allocation is attached as Exhibit E.F hereto.