Examples of Refunding Project in a sentence
Without limiting the generality of the foregoing, the Authority expresses its intention to execute and deliver all appropriate and required documents and to do and to perform any and all other acts appropriate and required on its behalf in order to enable the Township to consummate the Refunding Project.
The City, with the proceeds derived from the sale of the Bonds and any other available moneys, shall proceed to cause the Refunding Project to be effected without delay to the best of the City’s ability and with due diligence, as herein provided.
Upon the execution and delivery of the Site Lease and this Lease, the Trustee shall deposit the amount of $[1,300,000] with the Escrow Agent pursuant to the terms of the Site Lease, Indenture and Escrow Agreement, to defease the portion of the Series 2006A Certificates allocated to the City’s Golf Enterprise Fund and otherwise complete the Series 2020A Refunding Project.
It is necessary and for the best interests of the City and the inhabitants thereof that the City effect the Refunding Project and defray the cost thereof by issuing the Bonds therefor; and it is hereby so determined and declared.
The validity of the Bonds shall not be dependent on nor be affected by the validity or regularity of any proceedings relating to the acquisition of the improvements, or any part thereof, or to the completion of the Refunding Project.