Examples of Fund revenue bonds in a sentence
In 1994, the State of Connecticut began issuing Clean Water Fund revenue bonds.
Certain proceeds of the Water Fund and Regional Wastewater Fund revenue bonds are classified as restricted assets on the statement of net position because they are maintained in separate escrow accounts managed by trustees in accordance with the bond covenants.
Notwithstanding any other provision of law, the authority may have in the aggregate principal amount outstanding at any one time Maine Energy, Housing and Economic Recovery Fund revenue bonds up to but not exceeding $200,000,000, excluding refunding bonds.
Certain proceeds of the Water- Sewer Fund revenue bonds, as well as certain resources set aside for their repayment, are classified as restricted assets on the balance sheet because their use is limited by applicable bond covenants.
In prior years, the Fund defeased certain State Revolving Fund revenue bonds by placing the proceeds from refunding bonds and cash in an irrevocable escrow account to provide for all future debt service payments on the defeased bonds.
Restricted Assets – Funds set aside for payment of Enterprise Fund revenue bonds/ notes are classified as restricted assets since their use is restricted by applicable bond/note indentures.
Certain proceeds of General Obligation Bonds, Enterprise Fund revenue bonds, as well as certain resources set aside for their repayment, are classified as restricted assets on the balance sheet because their use is limited by applicable bond covenants.
The City considers pooled cash and investments, with original maturities of three months or less, to be cash equivalents.Certain proceeds of the City’s Water and Wastewater Fund revenue bonds, as well as certain resources set aside for repayment, are classified as restricted assets on the balance sheet statement of net assets, because their use is limited by applicable bond covenants.
Recommendation: That the Board of Public Works approve the Maryland Water Quality Financing Administration’s request to issue up to $180,000,000 in Bay Restoration Fund revenue bonds for a term of up to 15-years.
In the event that contract award is unsuccessful, the responder with the next highest number of points will be selected for consideration.The evaluation team will make a recommendation(s) on the award of this RFP.