Qualified School Construction Bonds definition
Examples of Qualified School Construction Bonds in a sentence
Notwithstanding anything to the contrary in the Lease, any modification or amendment necessary or desirable in order to comply with provisions of the Code to ensure the status of Qualified School Construction Bonds or to ensure the continued availability of the credit subsidy available for “build A ▇▇▇▇▇▇ ▇▇▇▇▇” shall not require the consent of any Certificate holder.
They selected $5.6 million in additional upgrades (for a total of $10.7 million for the two phases) – pairing approximately $2.8 million in General Obligation bond funding with $2.4 million in Qualified School Construction Bonds (QSCBs),2 and $441,000 in ARRA grant funds through the Nevada State Office of Energy.
The School Debt Service committed fund balance is hereby established to accumulate sinking fund contributions from the School Department annual budget to pay future principal payments on its’ Qualified School Construction Bonds.
The Paying Agent shall establish, maintain and hold in trust a separate fund designated as the “West Contra Costa Unified School District Qualified School Construction Bonds Bond Payment Fund” (the “Bond Payment Fund”).
The Borrower has not taken and will not take any action and knows of no action that any other Person has taken or intends to take, which would prohibit the Bonds from being Qualified School Construction Bonds under the Code.
The Project covered by this Contract is being financed, in whole or in part, by Qualified School Construction Bonds (the “Bonds”) authorized pursuant to the provisions of the American Recovery and Reinvestment Act (“ARRA”).
The Borrower certifies that all applicable State and local law requirements governing conflicts of interest are satisfied with respect to the Qualified School Construction Bonds.
This Bond is one of a duly authorized issue of bonds of like tenor (except for such variations, if any, as may be required to designate varying series, numbers, denominations, interest rates, interest payment modes, maturities and redemption provisions), amounting in the aggregate to $ and designated as “West Contra Costa Unified School District General Obligation Bonds, Election of 2005, Series D-1, Qualified School Construction Bonds (Tax Credit Bonds)” (the “Bonds”).
We have been involved low interest funding options including Qualified Zone Academy Bonds (QZAB), Qualified School Construction Bonds (QSCB), American Recovery and Reinvestment Act (ARRA), Energy Efficiency and Conservation Bloc Grants (EECBG), Community Development Bonds, Build America Bonds (BAB), state energy office programs, state low interest loan programs and many other funding opportunities to help our clients.
The Series D-1 Bonds shall be issued by the District and sold by the County under and subject to the terms of District Resolution, the County Resolution, this Agreement and all applicable laws, and shall be designated as the “West Contra Costa Unified School District General Obligation Bonds, Election of 2005, Series D-1, Qualified School Construction Bonds (Tax Credit Bonds),” and shall be in the aggregate principal amount of dollars ($ ).