General obligation bond definition

General obligation bond means a Bond, the payment of principal of and interest on which is a General Obligation of the Authority.

General obligation bond means any bond, note, warrant, certificate of indebtedness, or other obligation of a public body payable in whole or in part from revenues derived from ad valorem taxes and that constitutes an indebtedness within the meaning of any applicable constitutional or statutory debt limitation.

General obligation bond means a negotiable bond issued by a city and payable from the levy of unlimited ad valorem taxes on all the taxable property within the city through its debt service fund which is required to be established by section 384.4.

Examples of General obligation bond in a sentence

• General obligation bond proceeds may not be used to fund services or operations costs, including capitalized operating or services reserves.

• General obligation bond debt, to the extent authorized for the District, requires either two-thirds approval of the voters (in the case of traditional general obligation bonds) or 55% approval of the voters (in the case of general obligation bonds issued pursuant to Proposition 39).

• Parking facilitiesmill of assessed value.B: General obligation bond within city’s 223.825 e.

• General obligation bond debt service payments are funded in UC's General Fund budget beginning in 2013-14 and in CSU's General Fund budget beginning in 2014-15.

• General obligation bond acts are both legislatively and voter-approved and are backed by the State’s full faith and credit.

More Definitions of General obligation bond

General obligation bond means a negotiable bond issued by a county and payable from the levy of ad valorem taxes on all taxable property within the county through its debt service fund which is required to be established by section 331.430.

General obligation bond means any bond, note, warrant, certificate of

General obligation bond means any bond, note, warrant, certificate of indebtedness, or other obligation of a public body which constitutes an indebtedness within the meaning of the constitutional debt limitation.

General obligation bond means a bond that is issued pursuant

General obligation bond means any bond issued by the District any part of the principal or interest of which bond is to be paid by taxation.

General obligation bond means exempt bonded indebtedness, as defined in ORS 310.140, that is secured by a commitment to levy ad valorem taxes outside the limits of sections 11 and 11b, Article XI, of the Oregon Constitution.

General obligation bond means a Bond for the payment of which the Authority pledges its full faith and credit, subject only to the provisions of any agreements with the owners of particular notes or bonds pledging any particular revenues or assets to the payment thereof.