Examples of Series 2015D Bonds in a sentence
Upon receipt of the net revenues of the Transportation Sales Tax from the State Treasurer, the Treasurer of Charleston County shall deposit that portion of the net revenues as directed by annual budget of the County Council into the Sinking Fund Account established for the Series 2015D Bonds and shall maintain proper books and records for an accounting thereof.
The County Council expressly reserves the right to pledge net revenues derived from the Transportation Sales Tax to secure the payment of other obligations of the County, including other general obligation bonds, revenue bonds, notes, leases, or contract obligations, or similar contracts or evidences of indebtedness, and to apply such net revenues that are not required to pay current Debt Service on the Series 2015D Bonds to the costs of other Original Referendum Projects.
Such net revenues received by the Treasurer of Charleston County from the State Treasurer from the Transportation Sales Tax shall be deposited in the Sinking Fund Account and on each payment date of the Series 2015D Bonds shall be applied to pay current Debt Service due on the Series 2015D Bonds.
All investment earnings shall be applied to pay debt service on the Series 2015D Bonds.
The EBC has previously issued its Series 2015A Bonds, Series 2015B Bonds, Series 2015C Bonds, Series 2015D Bonds and Series 2016A Bonds (together, the “Bonds”) and based on current market conditions desires to current and/or advance refund and refinance all or a portion of the Bonds (the “Refunding Project”).
After the sale of the Western Lands, the Airports Authority defeased all of the outstanding Series 2015D Bonds in the amount of $30.5 million which reduced annual debt service costs by approximately $2.7 million through 2035.
The terms of the Series 2015D Bonds indenture require the District to maintain certain Obligation Coverage Ratios with which the District has complied for the years ended December 31, 2017 and 2016.
Single-label methods are referred to as clustering methods and they usually produce a hard decision, i.e. partition a set of documents to non-overlapping subsets.
The District is obligated to make all payments of principal of and interest on the Series 2015D Bonds whether or not direct subsidy payments are received.
The Series 2015D Bonds consist of one term bond in the amount of $8,875,000 with a rate of 4.50% maturing on November 1, 2040.