Bonds of 2012 definition
Examples of Bonds of 2012 in a sentence
Interest at a fixed rate of 3.25%.3,9794,229College Revenue Bonds of 2012, due serially in annual amounts through 2032, with interest payable semi-annuallyranging from 2.0% to 5.0%.
The entire purchase price was funded through bonds; the 2008 portion temporarily through a series of bond anticipation notes and permanently financed by the Water Revenue Bonds of 2012.
Long-Term DebtThe District entered into three separate G.O. Bond/loan agreements in 2012 and 2016 that remain outstanding as follows: G.O. Bonds of 2012 – Public Facilities Authority (PFA) Certificates of Participation, Series 2012B G.O. Drainage Bonds of 2016A The schedule of indebtedness and deferred tax levies associated are presented in Exhibits 3 and 4 of the Annual Financial Report.
The College Revenue Bonds of 2012 require that the College maintain a debt service reserve fund in accordance with the revenue bond document.
Long-term debt of the College consisted of the following at June 30 (in thousands): 2018 2017 College Revenue Bonds of 2012 (issued through Northampton County General Purpose Authority), due serially in annualamounts through 2032, with interest payable semi-annually ranging from 0.5% to 5.00% (2.5% at June 30, 2018).
He concluded that staff have been commenting on this requirement as part of the County’s subdivision and land development project reviews.
The District has a Debt Service Fund to account for activity associated with the$1,177,217 G.O. Bonds of 2012 and the $3,860,000 G.O. Drainage Bonds of 2016A.
Bonds of 2012 Series A will be redeemable at the option of the Company, in whole at any time or in part from time to time at the redemption prices set forth below.
In April 2012, the College used a portion of these debt service reserve funds and the proceeds from the College Revenue Bonds of 2012 to place $22,803,000 in an escrow fund to pay the principal and interest on the 1999 and 2001 Bonds through their call date.
The indentures of the College Revenue Bonds of 2012, 2013, and 2016 require the College to pledge as collateral its unrestricted gross revenues not previously pledged.Notes to Consolidated Financial Statements June 30, 2016 and 2015 The College Revenue Bonds of 2012 require that the College maintain a debt service reserve fund in accordance with the revenue bond document.