CFD Bonds definition

CFD Bonds is defined in the Financing Plan. “City” is defined in the introductory paragraph.
CFD Bonds means one or more series of bonds (including refunding bonds) or any other debt (as defined in the CFD Act) secured by the levy of Project Special Taxes in a CFD.
CFD Bonds means one or more series of bonds (including refunding bonds) secured by the levy of Project Special Taxes in a CFD, including First Tranche CFD Bonds and Second Tranche CFD Bonds.

Examples of CFD Bonds in a sentence

  • An RMA may contain a provision that allows Developer to request that the Total Tax Obligation be recalculated and Project Special Tax rates be reduced before any First Tranche CFD Bonds are issued so that the Total Tax Obligation does not exceed two percent (2%) of the actual or projected sales prices of Taxable Residential Units at the time of recalculation.

  • The previous sentence shall not prevent the issuance of a series of First Tranche CFD Bonds for new money and refunding purposes, so long as the portion of the First Tranche CFD Bonds attributable to the refunding purpose meets the requirements of the previous sentence.

  • A CFD may finance only Qualified Project Costs, Additional Community Facilities, and Ongoing Park Maintenance that: (a) are financeable under the CFD Act; and (b) qualify under Tax Laws, if CFD Bonds are issued and if CFD Bonds are issued as tax-exempt bonds.

  • Subject to Section 2.8, First Tranche CFD Bonds will have a term of not less than thirty (30) years and not more than forty (40) years unless Developer and City agree otherwise.

  • By this Financing Plan, the Agency pledges the proceeds of First Tranche CFD Bonds on deposit in CFD Bonds Project Accounts or as otherwise provided in the applicable Indenture and all Remainder Taxes on deposit in the Remainder Taxes Project Accounts to finance Qualified Project Costs and, when authorized pursuant to Section 2.8, Additional Community Facilities.


More Definitions of CFD Bonds

CFD Bonds is defined in the Financing Plan.
CFD Bonds means municipal bonds, notes or other obligations that are issued for the Aggie Square CFD, secured by the Special Tax, and the proceeds of which are used to reimburse the Wexford Assignees for Eligible Costs.
CFD Bonds means the CFD 2002-1 Bonds and the CFD 2003-1 Bonds.
CFD Bonds means the Series 2004 CFD Bonds and any Additional CFD Bonds acquired pursuant to the Indenture.
CFD Bonds means, collectively, (i) the $33,120,000 original aggregate principal amount of City of Roseville Highland Reserve North Community Facilities District No. 1 Special Tax Bonds, Series 2006, (ii) the $6,245,000 original aggregate principal amount of Woodcreek East Community Facilities District No. 1 Special Tax Bonds, Series 2006 and (iii) any Parity Bonds (as defined in the CFD Bond Indentures) purchased by the Authority pursuant to Section 5.6.
CFD Bonds means City of Elk Grove Community Facilities District No. 2005-1 (Laguna Ridge) Special Tax Bonds Series 2016 and any Parity Bonds (as described in the CFD Fiscal Agent Agreement) purchased by the Authority pursuant to Section 5.6.
CFD Bonds means the (i) Spanos Park West Community Facilities District No. 2001-1, Special Tax Refunding Bonds, Series 2016; (ii) Camera Estates Community Facilities No. 2003-1, Special Tax Refunding Bonds, Series 2016; (iii) Community Facilities District No. 2006-3 (Northbrook), Special Tax Refunding Bonds, Series 2016; and (iV) Community Facilities District No. 2006-1 (RiVerbend), Special Tax Refunding Bonds, Series 2016.