Bond Proceeds Fund definition
Examples of Bond Proceeds Fund in a sentence
The General Obligation Bond Proceeds Fund has a separate investment account for each state bond issue to comply with Internal Revenue Service regulations on bond arbitrage.
Except as described in this Section, the Bond Proceeds Fund may not be used for any other purpose.
Building Bond Proceeds Fund Proceeds from construction bonds may be recorded in this fund.
The Bond Proceeds Fund shall, in accordance with IC 5-13, be deposited, at interest, with the depository or depositories of other public funds of the City, and all interest collected on it belongs to the fund.
Bond Proceeds held by the District’s Fiscal Agent, either in the Debt Service Fund or Bond Proceeds Fund, shall be invested through the investment department of the Fiscal Agent and in accordance with the Fiscal Agent Agreement.