New Money Portion means that portion of a Multipurpose Issue other than the Refunding Portion.
New Money Portion means that portion of the Bonds identified in the column
New Money Portion means the portion of the Certificates properly allocable to the financing of new money capital expenditures and related common costs of the Certificates.
Examples of New Money Portion in a sentence
The Bond Compliance Officer will supplement the expected allocation of New Money Portion proceeds to expenditures with a Final Written Allocation as required by the Tax Compliance Procedure.
The completion of the Financed Facility and the allocation of the Net Proceeds of the New Money Portion to expenditures will proceed with due diligence.
If the Issue is a Multipurpose Issue, the Refunding Portion and the New Money Portion are treated for purposes of the rebate Spending Exceptions as separate issues.
Certificate proceeds deposited in the Project Fund and the Costs of Issuance Fund allocable to the New Money Portion and investment earnings on those proceeds may be invested without Yield restriction for up to 3 years following the Issue Date.
At least 85% of the net sale proceeds of the New Money Portion will be allocated to expenditures on the Financed Facility within 3 years after the Issue Date.
More Definitions of New Money Portion
New Money Portion means the 2020 Bonds or such other series or a portion of a series of 2020 Bonds designated by the Chairman or the Executive Director and the proceeds thereof other than the Refunding Portion.
New Money Portion means $1,720,000 of the bonds issued to pay the costs of improvements to public buildings and grounds, including equipment, remodeling, reconstruction and additions or extensions to the buildings, including acquisition and installation of a chiller for the courthouse and courthouse lighting and ceiling improvements; and improvements to public buildings and grounds, including reconstruction of the jail facility parking lot.
New Money Portion means $15,170,000 of the bonds issued to pay the costs of opening, widening, extending, grading, and draining of the right-of-way of streets, highways, avenues, alleys and public grounds, and market places, and the removal and replacement of dead or diseased trees thereon; the construction, reconstruction, and repairing of any street improvements, bridges, grade crossing separations and approaches; the acquisition, installation, and repair of sidewalks, culverts, retaining walls, storm sewers, sanitary sewers, water service lines, street lighting, and traffic control devices and signage; and aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Iowa Code chapter 403 and the Urban Renewal Plans for the Waukee Unified Urban Renewal Area, as amended, the Waukee Consolidated Urban Renewal Area, as amended, and the North Waukee Residential Urban Renewal Area, including opening, widening, extending, grading, and draining of the right-of-way of streets, highways, avenues, alleys and public grounds, and market places, and the removal and replacement of dead or diseased trees thereon; the construction, reconstruction, and repairing of any street improvements, bridges, grade crossing separations and approaches; the acquisition, installation, and repair of sidewalks, culverts, retaining walls, storm sewers, sanitary sewers, water service lines, street lighting, and traffic control devices and signage; and the acquisition of any real estate needed for any of the foregoing purposes.
New Money Portion means $2.485,000 of the notes issued to pay the costs of improvements and equipment for the Recorder’s, Auditor’s and Information Technology offices, improvements to the sprinkler system on the 2nd floor of the Courthouse, body cameras for the Sheriff’s Department, vehicles for the Sheriff's Department, and improvement, equipping and repair of the County Jail.
New Money Portion means $3,055,369.20 of the Bonds issued to pay the costs of acquisition, construction, reconstruction, extending, remodeling, improving, repairing and equipping all or part of the Water Utility, including those costs associated with the South Ankeny Boulevard Transmission Main project.
New Money Portion means $4,254,993.80 of the Bonds issued to pay the costs of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Iowa Code chapter 403 and the Butler County Logistics Park Urban Renewal Plan, as amended, including costs associated with the construction, reconstruction, repairing and widening of secondary roads and other highway improvements to assist in economic development.
New Money Portion means $462,000 of the notes issued to pay the costs of acquisition, construction, reconstruction, extending, remodeling, improving, repairing and equipping all or part of the Municipal Water Utility System.