Examples of Bond Funds in a sentence
Nothing in this section shall be interpreted as a limitation on the State of California’s use of California Bond Funding, or funds collected pursuant to the California Klamath Surcharge and deposited into the California Copco 1 and 2 and Iron Gate Dams Trust Account, for environmental review; provided the use of any funds from California Copco 1 and 2 and Iron Gate Dams Trust Account may be offset by California Bond Funds to achieve the target dates set forth in Section 7.3.
In the event of sale, the Authority will (i) deposit the proceeds into the Bond Funds pursuant to the Project Indentures as provided in Section 10.4 hereof for the payment of outstanding Project Bonds or (ii) apply the proceeds to the replacement of the property so disposed of by other property which shall be incorporated into the Project as hereinbefore provided.
Developer agrees to provide City with a Request for GO Bond Funds Disbursement, in a form acceptable to City and to include third party back up documentation such as receipts or invoices.
City shall provide funding in an amount not to exceed One Million Dollars and No Cents ($1,000,000.00) of City of Albuquerque General Obligation Bond Funds (“GO Bond Funds”) for the construction of the Sky Bridge and all public Project Elements (the “MRA Public Improvement Contribution”).
If the insurance proceeds derived from a claim for damage or destruction are not used to restore the Project, then an amount equal to the total amount of the GO Bond Funds that was actually received by Developer up to One Million Dollars and No Cents ($1,000,000.00) of said insurance proceeds shall be paid to the City by the Developer or Developer’s assigns.