School Bonds definition

School Bonds means School Obligations issued as Bonds.
School Bonds means, in the case of a school facilities project
School Bonds means any Bonds allocable to proceeds used or to be used to fund the acquisition, construction, rehabilitation, or improvement of School Facilities.

Examples of School Bonds in a sentence

  • In order to finance the cost of the purposes set forth in Section 1 hereof, the Board is hereby authorized to issue not to exceed $9,800,000 aggregate principal amount of Refunding School Bonds, all in accordance with the requirements of N.J.S.A. 18A:24-61 through 62, which Refunding School Bonds may be issued in one or more multiple series.

  • VPSA has determined that in order to fulfill its representations respecting the maintenance of the excludability of the interest on the VPSA Bonds from gross income for federal income taxation under Section 103 of the Code, VPSA must establish a mechanism to provide accountability for the custody, investment and disbursement of the proceeds of the Local School Bonds, which for purposes of the Code continue to be proceeds of the VPSA Bonds.

  • The difference in the interest rates between the VPSA Bonds and the Local School Bonds shall be collected and retained by VPSA as partial payment of the administrative costs incurred by VPSA in connection with issuing, carrying, and repaying the VPSA Bonds, and the underwriting discount, if any, and the cost of purchasing, carrying, and selling or redeeming the Local School Bonds.

  • Any statements of facts contained in these recitals pertaining to the sale of the VPSA Bonds and the application of such proceeds, other than the purchase of the Local School Bonds, will not be deemed to be made by the Localities except to the extent they have knowledge of such facts.

  • VPSA will apply certain of the proceeds of the sale of the VPSA Bonds to purchase the Local School Bonds on the Closing Date.


More Definitions of School Bonds

School Bonds means, in the case of a school facilities project which is to be constructed by the development authority, a redevelopment entity, or a district under section 15 of P.L.2000, c.72 (C.18A:7G-15), bonds, notes or other obligations issued by a district to finance the local share; and, in the case of a school facilities project which is not to be constructed by the development authority or a redevelopment entity, or financed under section 15 of P.L.2000, c.72 (C.18A:7G-15), bonds, notes or other obligations issued by a district to finance the total costs;
School Bonds means the bonds, notes or other obligations, if any, issued by the District to finance the Local Share.
School Bonds means as set forth in N.J.S.A. 18A:7G-3.
School Bonds means bonds issued pursuant to the provisions of Sections 15-101 through 15-109 of Title 70 of the Oklahoma Statutes;
School Bonds means, in the case of a school facilities project which is to be constructed by the development authority, a redevelopment entity, or a district under section 15 of P.L.2000,
School Bonds has the meaning set forth in Section 5.3 hereof.
School Bonds means the bonds, notes or other obligations issued by a district to finance the local share. "School business administrator" means the person appointed by the district board pursuant to N.J.A.C. 6:11-9.