California Debt Limit Allocation Committee definition

California Debt Limit Allocation Committee means the state agency that administers the state’s annual debt limit ceiling and administers the state’s tax-exempt bond program to allocate such bonds to projects. It is also abbreviated as “CDLAC.”
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California Debt Limit Allocation Committee means the entity of the same name organized under the laws of the State of California and operated by the Office of the State Treasurer.
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Examples of California Debt Limit Allocation Committee in a sentence

  • All applicants requesting Tax Credits for projects financed with tax-exempt bonds shall apply simultaneously to the California Debt Limit Allocation Committee (CDLAC) and CTCAC and shall use the CDLAC- TCAC Joint Application.

  • The terms and conditions of the senior loan will be in accordance with California Debt Limit Allocation Committee (CDLAC) and TCAC requirements and the requirements of the lending institution specific to the project.

  • The allocation of private activity bond authority needed for the issuance of tax-exempt bonds is secured through the California Debt Limit Allocation Committee (CDLAC).

  • Minimum replacement reserves should be consistent with California Tax Credit Allocation Committee (TCAC), California Debt Limit Allocation Committee (CDLAC), California Department of Housing and Community Development (HCD), and/or California Housing Finance Agency (CalHFA) requirements, as appropriate.

  • In order to issue MCC's the County must apply to the California Debt Limit Allocation Committee (CDLAC) for an MCC allocation.

  • If property is financed with bonds, submit a letter identifying allocation of bonds (for example, California Debt Limit Allocation Committee).

  • Local Funding Sources Mortgage Credit CertificatesThe California Debt Limit Allocation Committee is responsible for allocating Mortgage Credit Certificates (MCC).

  • Unless otherwise specified by CDLAC, the address of CDLAC is: California Debt Limit Allocation Committee 000 Xxxxxxx Xxxx, Xxxx 000 Xxxxxxxxxx, XX 00000 Attention: Executive Director The Issuer, the Administrator, CDLAC and the Borrower may, by notice given hereunder, designate any further or different addresses to which subsequent notices, certificates or other communications shall be sent.

  • The adoption of a bond inducement resolution also authorizes staff to work with a selected financing team (Financial Advisor and Bond Counsel) to determine the feasibility of the financing, structure a proposal for the issuance of bonds, and submit an application to the California Debt Limit Allocation Committee (CDLAC) for an allocation of bond issuing authority.

  • Unless otherwise specified by CDLAC, the address of CDLAC is: California Debt Limit Allocation Committee 000 Xxxxxxx Xxxx, Xxxx 000 Xxxxxxxxxx, XX 00000 Attention: Executive Director The Governmental Lender, the Administrator, CDLAC and the Borrower may, by notice given hereunder, designate any further or different addresses to which subsequent notices, certificates or other communications shall be sent.

Related to California Debt Limit Allocation Committee

  • Joint Remediation Committee has the meaning set forth in Section II.A.2.

  • Equity Committee means the official committee of equity security holders, appointed pursuant to section 1102 of the Bankruptcy Code by the U.S. Trustee on March 13, 2009.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Selection Committee means a committee of individual(s) who evaluate and rank proposals; conduct negotiations; and makes a contract award recommendation to the District and its respective Committees.

  • Sub-Committee means a committee of a committee created by the board.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Coordination Committee means the jointly constituted PJM and NYISO committee established to administer the terms and provisions of this Agreement pursuant to Section 35.3.2.

  • Creditors’ Committee means the statutory committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102 of the Bankruptcy Code.

  • ordinary member of the committee means a member of the committee who is not an officer of the Association under Rule 21;

  • Legislative Leadership Committee means a committee established, authorized to be established, or designated by the President of the Senate, the Minority Leader of the Senate, the Speaker of the General Assembly, or the Minority Leader of the General Assembly pursuant to N.J.S.A. 19:44A-10.1 for the purpose of receiving contributions and making expenditures.

  • State Budget Director means the individual appointed by the Governor pursuant to Section 321 of The Management and Budget Act, 1984 PA 431, MCL 18.1321.

  • Appeal Committee means the appeal committee established by the Council in terms of section 12(3)(a);

  • Finance Committee means the Finance Committee of the University;

  • Compensation Committee means the Compensation Committee of the Board.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Audit Committee or Committee means Committee of Board of Directors of the Company constituted under provisions of Listing agreement and Companies Act, 2013.

  • State Management Committee means a Committee comprising representatives from the Confederation of Western Australian Industry, the Trades and Labor Council of Western Australia, Technical and Further Education (TAFE) and the relevant Federal and State Government Departments which approve traineeship arrangements by agreement of each of the parties. The State Management Committee may be established pursuant to the provisions of the Industrial and Commercial Training Act, 1975 or any amendment to or substitution of that Act, provided that any Committee or body established in lieu of the State Management Committee has the same representatives structure and decision making processes as that Committee.

  • Operating Committee means the Operating Committee of Epoch which meets frequently and is responsible for implementing the Company’s strategy, making operational decisions and overseeing the day-to-day running of the Company.

  • Investment Committee means the committee in charge of investment aspects of the Plan, as described in Article VII.

  • OH&S Committee is referred to hereafter, read “body nominated to implement policy on site”.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • Ad Hoc Committee means a special purpose committee of limited duration, appointed by Council to consider a specific matter and which is dissolved automatically upon submitting its final report to Council, unless otherwise directed by Council.

  • District Level Anti-Ragging Committee means the Committee, headed by the District Magistrate, constituted by the State Government, for the control and elimination of ragging in institutions within the jurisdiction of the district.