Improvement Fund definition

Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.
Improvement Fund means the Improvement Fund for General Obligation Bonds, Series 826 created pursuant to Section 501 hereof.
Improvement Fund means the account (regardless of its name) identified in the Indenture to hold funds that are available for expenditure to acquire or construct Authorized Facilities or to pay eligible impact fees.

Examples of Improvement Fund in a sentence

  • Upon receipt of such JCFA Facilities Payment Request, the City shall review the request and if determined to be an item eligible to be paid from the proceeds of the Bonds direct the Fiscal Agent to wire transfer (or pay in another mutually acceptable manner) to the payee identified in such JCFA Facilities Payment Request such requested funds to the extent of funds on deposit in the Improvement Fund or Special Fund designated by Owner.

  • This Agreement is for the acquisition by the City of the City Acquisition Facilities, from moneys in the Improvement Fund and is not intended to be a public works contract.

  • Payment of any retention shall also be contingent upon the availability of monies in the Improvement Fund therefore.

  • Performance and payment bonds shall not be required of Owner to the extent moneys are available in the Improvement Fund to pay the Purchase Price, as defined in Section 11(c) below, of a City Acquisition Facility provided that all contractors and/or subcontractors employed by Owner in connection with the construction of the City Acquisition Facility shall provide a labor and materials and performance bonds which name the City as an additional insured.

  • Owner hereby agrees to sell the City Acquisition Facilities to the City and the City hereby agrees to use amounts in the Improvement Fund to pay the Purchase Price, as defined below, thereof to Owner, subject to the terms and conditions hereof.


More Definitions of Improvement Fund

Improvement Fund means the applicable fund created for the payment of costs of capital facilities under section 123.201, 154.20, 154.21, or 154.22 of the Revised Code, including all moneys and investments, and earnings from investments, credited and to be credited thereto.
Improvement Fund means a fund or account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct Authorized Facilities.
Improvement Fund means the fund by that name created in the Bond Resolution.
Improvement Fund means the fund by that name created in Section 5.01.
Improvement Fund means a fund or account specifically identified in the Indenture (or prior to the issuance of the first series of CFD No. 99 Bonds a fund or account held by the City) to hold funds which are currently available for expenditure to acquire or construct Authorized Facilities.
Improvement Fund means the Improvement Fund for Taxable General Obligation Temporary Notes, Series 303 created pursuant to Section 501 hereof.
Improvement Fund means the Improvement Fund for the City of Overland Park, Kansas, Internal Improvement Bonds, Series 2011A, created herein.