Reimbursement Resolution. The “reimbursement resolution” adopted by the Recipient is incorporated herein by reference.
Reimbursement Resolution. On April 1, 2014, the Purchaser adopted a resolution stating its official intent to be reimbursed from the proceeds of a borrowing to finance costs of the Facility (the "Reimbursement Resolution"). Absent written agreement by IBank, all expenditures of Facility Funds constituting capital costs will be for those incurred by the Purchaser no earlier than the date which is sixty (60) days prior to the date of the adoption of the Reimbursement Resolution.
Reimbursement Resolution. Should the City Council decided to bond for the purchase of the ladder truck, the attached resolution must be adopted so that the City may issue a bond at a later date.
Reimbursement Resolution. Expenditures that are described in a reimbursement resolution or other declaration of official intent that satisfy the requirements of Treas. Regs. §1.150-2, such as the Resolution and that are paid no earlier than 60 days prior to the adoption by the County of such resolution or declaration of official intent can be reimbursed with the Proceeds of the Agreement if Proceeds are allocated to reimburse such expenditure no later than 18 months after the later of (i) the date on which the expenditure was paid or (ii) the date on which the property financed in whole or in part by the expenditure was placed in service. Expenditures do not qualify for reimbursement under this paragraph (C) if the period of time between the date on which an expenditure is paid and the date Proceeds are allocated to the expenditure exceeds three years.
Reimbursement Resolution. The “reimbursement resolution” adopted by the Recipient is incorporated herein by reference, pursuant to Section 3(e) of the Agreement.
