Capital Acquisition Fund definition

Capital Acquisition Fund means a fund that is to be used to finance the acquisition or construction of assets that qualify as Capital Expenditures.

Examples of Capital Acquisition Fund in a sentence

  • The replacement of police capital equipment is established through the City’s Capital Acquisition Fund, which provides the funding for replacement of equipment.

  • Summary of Provisions and Statement in Support: Current law requires OTBs to set aside a portion of their revenue into a Capital Acquisition Fund (CAF) for the purpose of future capital investments.

  • Grant funding of $320,000 City match of $80,000 can be covered as follows: $80,000 from Capital Acquisition Fund budget, CRA contribution towards the $80,000 will be established upon grant award.

  • RCP Application Due Date: 10/13/2022 RCE Application Due Date: 10/04/2022 • Total Project Cost is: $400,000• Requested Grant Amount is: $320,000• City match Total is: $80,000 Breakdown from the City Budget is:• $40,000 CRA Funds: Community Redevelopment Agency fund• $40,000 WPB Funds: Capital Acquisition Fund Commission District: Citywide.Fiscal Note:Total project amount is $400,000.

  • In accordance with donor imposed restrictions, a surplus of $137,809 (2013 - $194,505) and a surplus of $275,730 (2013 - $95,797) is restricted for Run for Our Lives Fund and Capital Acquisition Fund respectively as designated by the donors.(3) The Authority provided $50,000 (2013 - $50,000) to the Foundation as an operating contribution.

  • To transfer $3,500 from the Capital Acquisition Fund to the Legislative Department for five Verizon data plans and five phone expense reimbursement.

  • Two of the investments, Birch Hill Equity Partnership and Imperial Capital Acquisition Fund IV, are closed ended and there is no active market for subscribing and redeeming units.

  • The Capital Acquisition Fund, Housing Fund, and Wildlife Community Action Fund had balances restricted for future capital projects, equipment, housing, and wildfire community education Committed – includes fund balance amounts that are constrained for specific purposes that are internally imposed by the government through formal action of the highest level of decision making authority, which is the Board of the District.

  • The Committee recommended that Council approve the request from the Richland County Conservation Commission (RCCC) to place a conservation easement on 60 acres on Lower Richland Blvd., and to purchase the development rights of the property for a sum of $50,000, which will be paid from the RCCC Capital Acquisition Fund.

  • To transfer $6,500 from the Capital Acquisition Fund originally budgeted for the SEMP Repeater Trailer plus $21,556 from the General Fund Reserve for Contingencies for equipment installation to complete the Mobile Communication Van.

Related to Capital Acquisition Fund

  • Exempt Acquisition means an acquisition by a Person of Voting Shares and/or Convertible Securities (i) in respect of which the Board of Directors has waived the application of Section 3.1 pursuant to the provisions of Subsection 5.1(b), (c) or (d);

  • Permitted Acquisition means any acquisition by Borrower or any of its wholly-owned Subsidiaries, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all of the Equity Interests of, or a business line or unit or a division of, any Person; provided that: