Major Improvement Bonds definition

Major Improvement Bonds means the City of Princeton, Texas Special Assessment Revenue Bonds, Series 2018 (Princeton Crossroads Public Improvement District Major Improvement Project) issued in a single series, secured by Special Assessments levied on the Assessed Property within the Northern Improvement Area and the Southern Improvement Area to finance the Major Improvements.
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Major Improvement Bonds means the Special Assessment Revenue Bonds, Series 2017 (Fort Worth Public Improvement District No. 17 (Rock Creek Ranch) Major Improvement Project), in the aggregate principal amount of $12,685,000.
Sample 1
Major Improvement Bonds means those PID Bonds used to finance the Major Improvements.
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Examples of Major Improvement Bonds in a sentence

  • Other than Refunding Bonds, the City has covenanted not to issue any additional bonds secured by the Special Assessments so long as the Series 2018 Major Improvement Bonds are outstanding.

  • However, the City has reserved the right, subject to the provisions in the Indenture, to issue additional obligations under other indentures, assessment ordinances, or similar agreements or other obligations which do not constitute or create a lien on the trust estate for and are not payable by the revenues pledged to the Series 2018 Major Improvement Bonds.

  • Based on this preliminary evaluation, the Administrator believes a refunding of the Phases #2-3 Major Improvement Bonds does not appear viable at this time.

  • The City Council has determined that the Special Assessments shall be paid in Annual Installments over a thirty-year period, as shown in the Assessment Roll, with interest accruing on the Assessments at the interest rate on the Series 2018 Major Improvement Bonds plus the Additional Interest Rate.

  • The Major Improvement Area Refunding Bonds are being issued to refund the pro rata portion of the 2014 Major Improvement Bonds relating to Phase #2B, Phase #3B, and Phase #4 and are secured by the Assessments shown on the Major Improvement Area Assessment Roll.

  • The sources and uses of funds for the Series 2018 Major Improvement Bonds are shown below in Table III-1.

  • Phases #2-3 Major Improvement Bonds The Phases #2-3 Major Improvement Bonds were issued in August 2014.

  • According to the Service and Assessment Plan, the Annual Installments shall be collected in an amount sufficient to pay (i) principal and interest on the Major Improvement Bonds, (ii) to fund the prepayment reserve and delinquency reserve, and (iii) to cover Administrative Expenses of the Major Improvement Area of the PID.

  • If not paid in full, the Assessment shall be payable in thirty Annual Installments of principal and interest beginning with the tax year following the issuance of the Major Improvement Bonds, of which twenty-eight (28) Annual Installments remain outstanding.

  • Annual Budget for the Repayment of Indebtedness Debt service will be paid on the Phases #2-3 Major Improvement Bonds from the collection of the Annual Installments.


More Definitions of Major Improvement Bonds

Major Improvement Bonds means those planned City of Fort Worth, Texas Special Assessment Revenue Bonds, Series 2017 (Fort Worth Public Improvement District No.17 (Rock Creek Ranch) Major Improvement Project) issued in one or more series, secured by Special Assessments levied on the Assessed Property within the Eastern Improvement Area and the Western Improvement Area to finance the Water Improvements and the Sanitary Sewer Improvements.
Sample 1
Major Improvement Bonds means the City of Fort Worth, Texas, Special Assessment Revenue Bonds, Series 2017 (Fort Worth Public Improvement District No. 17 (Rock Creek Ranch) Major Improvement Project) in original principal amount of$12,685,000, issued by the City under Ordinance No. 22833-08-2017 on August 15, 2017 and secured solely by the Major Improvement Special Assessments levied on the Assessed Property within the Eastern Improvement Area and the Western Improvement Area to finance the Water Improvements and the Sanitary Sewer Improvements.
Sample 1

Related to Major Improvement Bonds

  • Tenant Improvements Defined in Exhibit B, if any.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected. Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Project Improvements means site improvements and facilities that are:

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by any Group Company, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the Lease for such Leased Real Property.

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Maximum medical improvement means a point in time when any medically

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Public improvement costs means the costs of:

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Home improvement means the remodeling, altering,

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Major Alteration means change other than repair or replacement of building materials or equipment with materials and equipment of a similar type.

  • Public improvement means projects for construction, reconstruction or major renovation on real property by or for a public agency. “Public Works” shall mean roads, highways, buildings, structures and improvement of all types, the construction, reconstruction, major renovation or painting of which is carried on or contracted for by any public agency to serve the public interest by does not include the reconstruction or renovation of privately owned property which is leased by a public agency.

  • Base Building Work means the base building work for the Building as described in this Manual.

  • Tenant’s Work means all improvements, alterations, fixture, equipment, and signage installation, and furniture placement necessary or appropriate for the conduct of the Permitted Use, including all work described as Tenant’s Work on Exhibit D, attached (the “Work Letter”).

  • Redevelopment project means a specific construction project

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Licensee Improvements means any enhancement to or modification or improvement of the Licensed Patents and/or the Proprietary Information created by or on behalf of Licensee and/or any of its subsidiaries.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.