Examples of Series 2003 Bonds in a sentence
In April 2006, the remaining Series 2003 Bonds were converted to variable rate demand obligations.
A portion of the proceeds of the Series 2003 Bonds were expected to be used to finance costs of a portion of the infrastructure improvements located within the district.
On December 15, 2003, UOSA issued $58,150,000 of Regional Sewer System Revenue Refunding Bonds, of which the System’s share is$36,848,116, to advance refund the outstanding Series 1993 bonds, resulting in a $1,514,494 accounting gain, which is being amortized over the life of the Series 2003 Bonds.
The Trust Indenture for the Series 2003 Bonds (the "2003 Indenture") establishes five funds and three accounts.
In turn, the Authority and the Team reached agreement on certain changes and modifications including the extension of the term of the Management Agreement from 2010 until 2029, a plan and project list for construction, and the method for financing the improvements via the issuance of the Series 2003 Bonds in the amount of $42,535,000 and a corresponding maintenance subsidy reduction to cover the debt service.