Assessment bonds definition

Assessment bonds means bonds that are:

Assessment bonds means special obligations of the District which are payable solely from proceeds of the special assessments or benefit special assessments levied for assessable improvements, provided that, in lieu of issuing assessment bonds to fund the costs of assessable improvements, the District may issue revenue bonds for such purposes payable from special assessments.

Assessment bonds means special obligations of the district which are payable solely from proceeds of the special assessments levied for an assessable project.

Examples of Assessment bonds in a sentence

• Assessment bonds shall be secured by first lien (subject only to the lien for general taxes and prior special assessments) on the property benefited.

• Limited Obligation Assessment Bonds and Revenue Bonds In 1992, the City issued Limited Obligation Assessment bonds for its Assessment Districts 92-1 and 92-2, and then subsequently issued Limited Obligation Supplemental Assessment Bonds for Assessment District 92-1.

• Assessment/ LID Bonds: Assessment bonds will be considered in place of general obligation bonds, where possible, to assure the greatest degree of public equity.

• The County reports Special Assessment bonds in the general long-term obligations account group.

• Assessment bonds may be issued for local improvements in accordance with the City’s assessment policies.

More Definitions of Assessment bonds

Assessment bonds means the original principal amount of any issue of Parity Bonds equal to the total principal amount (or, if refunding bonds, the remaining unpaid principal amount) of ULID Assessments on any final assessment roll or rolls of one or more ULIDs formed in connection with the improvements being financed by such issue of bonds (or bonds being refunded). The original principal amount of such issue of bonds in excess of Assessment Bonds shall be referred to as “bonds (or Bonds) that are not Assessment Bonds.” Assessment Bonds shall be allocated to each $5,000 of bonds in proportion to their percentage of the entire issue of bonds. When a bond of any issue of bonds containing Assessment Bonds is redeemed or purchased, and retired, the same percentage of that bond as the percentage of Assessment Bonds is to the total issue of those bonds shall be treated as Assessment Bonds being redeemed or purchased and retired.

Assessment bonds means bonds or other obligations secured by and payable from special assessments levied against benefited lands, and which may be additionally secured by a pledge of the full faith and credit of the district.

Assessment bonds means the series of special assessment xxxx xxxxx of the District authorized to be sold and issued by the District as described in this Agreement, payable from amounts collected from, among other sources, the Assessments.

Assessment bonds means the principal portion of any issue of Parity Bonds allocated to the financing of improvements within a ULID. The allocation shall be determined as of the issue date of each series of Parity Bonds (and as of any date on which any Parity Bonds are redeemed, defeased or purchased), and the total amount so allocated shall be equal to the principal amount of ULID Assessments on the final assessment roll for that ULID remaining unpaid as of that date. Assessment Bonds shall be allocated pro rata to each maturity within a series of Parity Bonds. (For example, if the then-outstanding assessments equal 70% of the total

Assessment bonds means bonds or other

Assessment bonds means special obligations of the

Assessment bonds means bonds or other obligations secured by and payable from special assessments levied against benefited lands, and which may be additionally secured by a pledge of other moneys received by the District.