Debt service extension base definition

Debt service extension base means an amount equal to that
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Debt service extension base means an amount equal to that portion of the extension for a taxing district for the 1994 levy year, or for those taxing districts subject to this Law in accordance with Section 18-213, except for those subject to paragraph (2) of subsection (e) of Section 18-213, for the levy year in which the referendum making this Law applicable to the taxing district is held, or for those taxing districts subject to this Law in accordance with paragraph (2) of subsection (e) of Section 18-213 for the 1996 levy year, constituting an extension for payment of principal and interest on bonds issued by the taxing district without referendum, but not including excluded non-referendum bonds. For park districts
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Debt service extension base means an amount equal to that portion of the extension for a taxing district for the 1994 levy year, or for those taxing districts subject to this Law in accordance with Section 18-213, except for those subject to paragraph (2) of subsection (e) of Section 18-213, for the levy year in which the referendum making this Law applicable to the taxing district is held, or for those taxing districts subject to this Law in accordance with paragraph (2) of subsection (e) of Section 18-213 for the 1996 levy year, constituting an extension for payment of principal and interest on bonds issued by the taxing district without referendum, but not including excluded non-referendum bonds. For park districts (i) that were first subject to this Law in 1991 or 1995 and (ii) whose extension for the 1994 levy year for the payment of principal and interest on bonds issued by the park district without referendum (but not including excluded non-referendum bonds) was less than 51% of the amount for the 1991 levy year constituting an extension for payment of principal and interest on bonds issued by the park district without referendum (but not including excluded non-referendum bonds), "debt service extension base" means an amount equal to that portion of the extension for the 1991 levy year constituting an extension for payment of principal and interest on bonds issued by the park district without referendum (but not including excluded non-referendum bonds). The debt service extension base may be established or increased as provided under Section 18-212. "Excluded non-referendum bonds" means (i) bonds authorized by Public Act 88-503 and issued under Section 20a of the Chicago Park District Act for aquarium and museum projects; (ii) bonds issued under Section 15 of the Local Government Debt Reform Act; or (iii) refunding obligations issued to refund or to continue to refund obligations initially issued pursuant to referendum.
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More Definitions of Debt service extension base

Debt service extension base means an amount equal to that portion of the extension for a taxing district for the 1994 levy year, or for those taxing districts subject to this Law in accordance with Section 18-213, except for those subject to para- graph (2) of subsection (e) of Section 18-213, for the levy year in which the referendum making this Law applicable to the taxing district is held, or for those taxing districts subject to this Law in accordance with paragraph (2) of subsection (e) of Section 18-213 for the 1996 levy year, constituting an extension for payment of principal and interest on bonds issued by the taxing district without referendum, but not including (i) bonds authorized by Public Act 88-503 and issued under Section 20a of the Chicago Park District Act for aquarium and museum projects; (ii) bonds issued under Section 15 of the Local Govern- ment Debt Reform Act; or (iii) refunding obligations issued to refund or to continue to refund obligations initially issued pursuant to referendum. The debt service extension base may be established or increased as provided under Section 18-212.
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Debt service extension base means an amount equal to that portion of the extension for a taxing district for the 1994 levy year, or for those taxing districts subject to this Law in accordance with Section 18-213,
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Debt service extension base means, Eor taxing districts
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Debt service extension base means, Eor school districts
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Debt service extension base means an amount equal to that portion oE the extension Eor a taxing district Eor the 1994 levy year, or Eor those taxing districts subject to this Law in accordance with Section 18-213, except Eor those subject to paragraph (2) oE subsection (e) oE Section 18-213, Eor the levy year in which the reEerendum making this Law applicable to the taxing district is held, or Eor those taxing districts subject to this Law in accordance with paragraph (2) oE subsection (e) oE Section 18-213 Eor the 1996 levy year, constituting an extension Eor payment oE principal and interest on bonds issued by the taxing district without reEerendum, but not including excluded non-reEerendum bonds. For park districts (i) that were Eirst subject to this Law in 1991 or 1995 and (ii) whose extension Eor the 1994 levy year Eor the payment oE principal and interest on bonds issued by the park district without reEerendum (but not including excluded non-reEerendum bonds) was less than 51% oE the amount Eor the 1991 levy year constituting an extension Eor payment oE principal and interest on bonds issued by the park district without reEerendum (but not including excluded non-reEerendum bonds), "debt service extension base" means an amount equal to that portion oE the extension Eor the 1991 levy year constituting an extension Eor payment oE principal and interest on bonds issued by the park district without reEerendum (but not including excluded non-reEerendum bonds). The debt service extension base may be established or increased as provided under Section 18-212. "Excluded non-reEerendum bonds" means (i) bonds authorized by Public Act 88-503 and issued under Section 20a oE the chicago Park District Act Eor aquarium and museum projects; (ii) bonds issued under Section 15 oE the Local Government Debt ReEorm Act; or (iii) reEunding obligations issued to reEund or to continue to reEund obligations initially issued pursuant to reEerendum.
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Debt service extension base means an amount equal to that portion oE the extension Eor a taxing district Eor the 1994
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Related to Debt service extension base

  • Aggregate extension base means the taxing district's

  • Extension Term means the time period defined in §2.C.

  • Line Extension means the provision of facilities (including, but not limited to, poles, fixtures, wires, and appurtenances) necessary for delivering electrical energy from the point of origin to one or more of the customer's points of delivery. Facilities provided by the Company to maintain, protect, upgrade, or improve its overall distribution system (even if necessary due to a customer's load addition) are not considered part of a line extension.

  • Annual Debt Service as of any date means the maximum amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Maximum Annual Debt Service means, as of the date of any calculation, the largest Annual Debt Service during the current or any future Bond Year.

  • PJM Region Installed Reserve Margin means the percent installed reserve margin for the PJM Region required pursuant to RAA, Schedule 4.1, as approved by the PJM Board. PJM Region Peak Load Forecast: