Examples of Series 1998B Bonds in a sentence
The annual debt service requirements on the Series 1996A Bonds are as follows: Sewer Revenue Bonds, Series 1998A - Original Issue $11,305,000 and Sewer Revenue Refunding Bonds, Series 1998B – Original Issue $13,555,000 On November 1, 1998, the City issued $11,305,000 principal amount Sewer Revenue Bonds, Series 1998A (Series 1998A Bonds) and $13,555,000 principal amount Sewer Revenue Refunding Bonds, Series 1998B (Series 1998B Bonds).
Portions of the Series 1998B Bonds were used to retire the Authority’s Series 1988A Subordinated Bonds.
The proceeds were used to refund the Series 1998 and Series 1998B Bonds.
Mr. MacDonald said that the Series 2016 transaction is expected to refund the Barnabas Health NJHCFFA issued Series 1998B Bonds, of which $46.4 million remains outstanding; the Series 2006A Bonds, of which $62.7 million remains outstanding; and, the 2006B Bonds, of which$126 million remains outstanding.
The Series 1998A and Series 1998B Bonds are payable solely from the net revenues of the Sewer Enterprise Fund.