Examples of Sales Tax Bonds in a sentence
The final payment on the Senior Sales Tax Bonds was made on October 1, 2002.
The Senior Sales Tax Bonds are superior in right of payment to the Subordinate Special Obligation Bonds and Special Obligation Bonds with respect to Sales Tax.
Limitations on Additional Pledges of Sales Tax The County has covenanted in the 1997 Ordinance, so long as any Bonds issued under the 1997 Ordinance remain Outstanding, not to issue any Bonds or other obligations payable from and secured by a lien upon the County's share of the Sales Tax on a parity with the Senior Sales Tax Bonds or any "Refunding Bonds" as such term is defined in the Senior Sales Tax Ordinance under which the Senior Sales Tax Bonds were issued.
The proceeds of the City 3-21 Sales Tax may be used by the City for any lawful purpose if no Event of Default has occurred under any of the Wells Fargo Loan Agreements and no default exists in the payment of Future Loans and/or Sales Tax Revenue Bonds, Sales Tax Bonds, Project Agreement payment obligations, or other debt, when due and payable.
Such tax levy and dedication shall be irrepealable so long as any principal and interest on the Future Loans and/or Sales Tax Revenue Bonds, Sales Tax Bonds, Project Agreement payment obligations, or other debt, or any bonds issued to refund the Future Loans, remains outstanding and unpaid.
LIMITATIONS ON ADDITIONAL PLEDGES OF SALES TAXThe County has covenanted in the 1997 Ordinance, so long as any Bonds issued under the 1997 Ordinance remain Outstanding, not to issue any Bonds or other obligations payable from and secured by a lien upon the County's share of the Sales Tax on a parity with the Senior Sales Tax Bonds or any "Refunding Bonds" as such term is defined in the Senior Sales Tax Ordinance under which the Senior Sales Tax Bonds were issued.
The proceeds of the County 2010-2 Sales Tax may be used by the County for any lawful purpose if no Event of Default has occurred under any of the Wells Fargo Loan Agreements and no default exists in the payment of Future Loans and/or Sales Tax Revenue Bonds, Sales Tax Bonds, Project Agreement payment obligations, or other debt, when due and payable.
From this fund, the City shall pay when due the principal, interest, and other Future Required Payments set forth in Future Loans and/or Sales Tax Revenue Bonds, Sales Tax Bonds, Project Agreement payment obligations, or other debt.
The Countyhereby dedicates and pledges for payment of the principal and interest on, and as security for, Required Payments, Future County Loans, and/or issue Sales Tax Revenue Bonds, Sales Tax Bonds, Project Agreement payment obligations, or other debt, and any bonds issued to refund Future Loans, ninety-one percent (91%) of the County 2010-2 Sales Tax and the proceeds thereof.
In February 2008, the Public Facilities District (PFD) issued Special Events Center Sales Tax Bonds, 2008, of $53,150,000 and Special Events Center Revenue Bonds, 2008 (Taxable), of $10,130,000 to finance a portion of the costs of developing the Events Center, capitalizing interest on the Bonds, and paying costs of issuance for the Bonds.